INSURANCE NEWS
Scammers Used Gemini AI to Help Build Spam Messages, Google Says
Alphabet Inc.’s Google filed a lawsuit against a suspected Chinese cybercrime operation, alleging that the group used artificial intelligence to send more than 2 million text messages with fraudulent links attempting to scam cellphone users. Known as the Outsider Enterprise, …
Multiple Tornadoes Cause Damage in Illinois and Indiana
Several tornadoes struck northern and central Illinois and northwest Indiana on June 11, causing damage in multiple towns. The National Weather Service confirmed multiple tornadoes occurred in or near Streator, Illinois, Merrillville, Indiana and Hebron. Indiana. The storm corridor extended …
US Declares Power Emergency in Southeast as Heat Strains Grids
The Trump administration declared a power emergency in the southeastern US as forecasters warned of dangerous heat that’s likely to stress power grids along the country’s east coast. An emergency order issued by the Energy Department on Thursday allows Duke …
Solar Power Hits New Milestones in the US
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released June 10 by global energy think tank Ember, along with a …
Florida Property Tax Cut Could Strain Local Credit, S&P Says
Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to analysts at S&P Global Ratings. The proposal would introduce financial …
Two California Insurance Commissioner Candidates Are Left, And Reform Is Coming
Expect more efforts to reform California’s troubled homeowners insurance market from the state’s next top insurance regulator regardless of who wins a race that has now been whittled down to two candidates. Democrats Jane Kim and Ben Allen are advancing …
People Moves: PIA New Jersey Elects New Leadership
PIA New Jersey Elects New Leadership; Levine President Aaron Levine was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting. Levine is a member agent for LG Insurance Agency in West Long …
Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal
The administrator of a bankruptcy plan for the genetics-testing company once known as 23andMe agreed to dole out a total of $46.75 million to victims in a deal to end litigation stemming from a 2023 data breach. According to records …
Climate Change Making Coastal Floods More Likely, Study Finds
Extreme floods that once swamped coastal communities only rarely are becoming far more common as climate change caused by humans pushes sea levels higher, according to new research published Wednesday. Experts say the findings are crucial for making plans about …
People Moves: Willis Re Taps Ogilvie and Dart From Carpenter for Key Roles in London, Bermuda; Aon Promotes Dando as Chief Broking Officer for Global Broking Center
This edition of International People Moves details appointments at brokers Willis Re and Aon. A summary of these new hires follows here. Willis Re Taps Ogilvie and Dart From Guy Carpenter for Key Roles in London, Bermuda Willis Re, the …
Novo Nordisk Flags Patient Data Breach From Some Clinical Trials in Cyberattack
Novo Nordisk said on Thursday it has identified a security incident in which certain information, including patient data from some clinical trials, was copied externally without authorization from its internal IT systems. The company, maker of the blockbuster weight-loss drug …
UK Venture Plans Europe’s Largest Plant for Capturing CO2 From Air
Three UK clean-technology companies are teaming up to create what may be Europe’s biggest direct air capture facility. Low-carbon project developer Progressive Energy, together with carbon-capture specialists Airhive and Mission Zero Technologies, has formed a new company to build a …