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News Archives - Insurance Journal

Revolut Says No Group Has Made Direct Contact After Data Breach
Revolut Ltd. said no individual or group has made direct contact or demand almost a week after the fintech reported a scam involving an unauthorized third party that exposed sensitive information of some customers. A spokesperson for the London-based firm …

POSTED SEPTEMBER 18, 2026 12:10 PM
India Finds Nestle Baby Food Sample Substandard, Takes Legal Action
India’s food regulator said on Friday it had found a Nestle baby food sample to be substandard and was pursuing legal action against the Swiss company in one of its biggest growth markets. Nestle said its products are “fully compliant …

POSTED SEPTEMBER 18, 2026 11:13 AM
Saudis and Houthis Exchange Strikes, Yemenis Flee by Boat as Middle East War Spreads
Saudi Arabia and Yemen’s Iran-backed Houthis exchanged fresh strikes across their border on Thursday and Yemenis took to boats in the Red Sea to escape fighting, as the spreading Middle East war created new threats to global oil supplies. Houthi-controlled …

POSTED SEPTEMBER 18, 2026 10:18 AM
UK Insurers Urge Bank of England to Rethink ‘Dynamic’ Stress Test
Britain’s insurance industry is urging the Bank of England’s regulatory arm to rethink its live crisis simulation, citing heavy reporting demands and unrealistic scenarios in a stress test that pushed firms “to their absolute limit.” The Prudential Regulation Authority’s first …

POSTED SEPTEMBER 18, 2026 9:58 AM
White House Weighs Incubator for Cyber Research, Startups
The Trump administration is weighing a plan to establish a government-led incubator aimed at investing in cybersecurity research and spinning out startups focused on developing tools for the government to use, according to people familiar with the situation. The White …

POSTED SEPTEMBER 18, 2026 5:28 AM
Gorman Named PIA National President
The National Association of Professional Insurance Agents has made David Gorman its president, succeeding Mark Suhr. Gorman, of Dallas, founded Red Gorman Insurance Services in 2018 and has a long history of service to the independent insurance agent community holding …

POSTED SEPTEMBER 18, 2026 5:27 AM
Hershey Defeats Lawsuit Over Reese’s Halloween Pumpkins That Lacked ‘Cool’ Carvings
Hershey won the dismissal of a lawsuit claiming it let down consumers because its Halloween-themed Reese’s pumpkins lacked the decorative carved designs shown on the packaging. U.S. District Judge Melissa Damian in Miami said the two Florida residents leading the …

POSTED SEPTEMBER 18, 2026 5:26 AM
AI’s Climate Footprint Draws Growing Concern From Asset Owners
Asset owners are increasingly concerned about the impact of artificial intelligence on the environment and society, according to a report by Morningstar Inc. In a survey of more than 500 pension funds, family offices, endowments, sovereign wealth funds and other …

POSTED SEPTEMBER 18, 2026 5:05 AM
Federal Legislation Targets Auto Insurance Fraud With Steep Penalties
Earlier this month, federal legislation was introduced to make motor vehicle collision fraud a federal crime, according to a joint press release by Congresswoman Laura Gillen (D-NY-04) alongside U.S Representatives Troy Nehls (R-TX-22), Josh Gottheimer (D-NJ-05) and Vince Fong (R-CA-20). …

POSTED SEPTEMBER 18, 2026 5:03 AM
The Body of the Last Victim of Hurricane Helene in Tennessee Has Been Found
The remains of the final missing Tennessee victim from Hurricane Helene were found two years after the storm devastated Appalachian mountain towns with floods that wiped away whole communities. Nancy Tucker, 76, disappeared along with her husband, Jimmy Tucker, when …

POSTED SEPTEMBER 18, 2026 5:02 AM

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