INSURANCE NEWS
How 9/11 Changed the Way America Surveils its Citizens
Twenty-five years after 9/11, the surveillance infrastructure built and expanded in its aftermath has become part of a far larger digital ecosystem — producing tools that can collect and analyze information on a scale unimaginable in 2001. The terrorist attacks …
Nike Faces Investor Challenge Over Gender-Transition Surgery for Minors
A group of conservative investors is pressing companies to stop covering gender-transition surgery for minors in employee health plans, and Nike Inc. is their latest target. Inspire Investing, which oversees $5.4 billion, is leading an investor campaign that includes the …
Viewpoint: Clients Prefer AI to Human Advisers When Details Are Embarrassing
When and why do clients prefer to use artificial intelligence rather than a human adviser? It’s a question attracting much attention as AI advisers flood the marketplace. A recent study from the MIT Sloan School of Management introduces a new …
NATO Allies Foil Russian Subsea Cable Sabotage Plot
Deep in Arctic waters near the remote Svalbard archipelago this spring, NATO allies caught Russian subs training to unleash a secret weapon designed to disable critical undersea cables without leaving any fingerprints. The clandestine Russian operation, described to Reuters by …
Private Credit Investors Clash Over £36 Billion BHP Dam Collapse Litigation
Two litigation funders are backing rival law firms in a fight for control of a £36 billion ($48.8 billion) suit over one of Brazil’s worst environmental disasters. Law firm Pogust Goodhead brought the UK case against BHP Group Ltd and …
Ledger Hires New Security Chief as Crypto Hacks Hit $1.4 Billion
Ledger SAS, a maker of hardware devices used to store cryptocurrencies, is combining oversight of its internal technology systems and security under a single executive, as a rise in artificial intelligence-fueled crypto attacks pushes companies to rethink their defenses. Paris-based …
Hormuz Disruptions Hitting Small Businesses Hardest, UN Trade Agency Warns
Disruptions in the Strait of Hormuz could push small and medium-sized businesses out of global supply chains, increasing economic concentration and weakening the resilience of international trade, the United Nations Conference on Trade and Development said on Tuesday [Sept. 8]. …
UK Airlines Say They’re Left On the Hook for ATC Outage Cost
UK airlines said they’ll have to foot the bill for the travel chaos caused by a technical glitch at the country’s air-traffic control provider and led to thousands of canceled flights this week. The financial fallout from the fault at …
Stellantis to Recall Over 200,000 Jeep Vehicles Over Tire-Pressure Monitor
Chrysler parent Stellantis is recalling 201,976 Jeep vehicles in the U.S. due to a software error that may cause the tire pressure monitoring system to fail to detect low tire pressure or illuminate the warning light, the U.S. National Highway …
The Big Data/AI ‘Revolution’ Is Driving up Verdicts, Settlements as Plaintiffs Buy In
Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs’ lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing the list of potential jurors in the jury pool, …
Connecticut Insurance Department Relocates to Trumbull Street Building
The Connecticut Insurance Department (CID) has completed its relocation to Trumbull Street in Hartford. The agency became operational from its new office space effective September 8, 2026. The insurance department’s office location is now: Connecticut Insurance Department, 280 Trumbull Street, …
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California
For the first time in three years, capacity is returning to the California homeowners insurance market. The clearest evidence is in the residual market. In the second quarter, the California FAIR Plan added roughly 12,000 residential policies, the fifth consecutive …