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News Archives - Insurance Journal

Indian Insurance and Bank Stocks Tumble on Fee Cap Proposal
PB Fintech Ltd. led a slide in shares of Indian insurance companies, distributors and lenders on Thursday, after the country’s insurance regulator proposed caps on commissions and tighter management expenses. PB Fintech plunged by a record 30%, its worst day …

POSTED SEPTEMBER 24, 2026 10:48 AM
OpenAI Agent Hacked Australian Government Health Website
An OpenAI model hacked an Australian government website earlier this year, marking one of the first known cyberattacks by artificial intelligence on a government database. The AI system gained unauthorized access to files on a website for reporting healthcare statistics, …

POSTED SEPTEMBER 24, 2026 10:18 AM
Tesla’s Automated Driving System Often Misreads Speed Limits: Belgian Safety Group
Tesla’s FSD automated-driving system frequently exceeded speed limits and attempted to overtake cyclists on streets where it’s prohibited, a road-safety advocacy group said, citing tests it conducted in Belgium. The Belgian group Johanna.be – which advocates for pedestrian and cyclist …

POSTED SEPTEMBER 24, 2026 9:05 AM
UN Chief Calls for AI Pact to Prevent Rise of Killer Robots
The secretary general of the United Nations stepped up his calls for regulation of AI to avert a dystopian future of rampant corporate power and killer robots. Antonio Guterres used his final address to world leaders at the UN General …

POSTED SEPTEMBER 24, 2026 8:27 AM
Markets/Coverages: CFC Begins Affirmative AI for Intellectual Property; CRC Specialty Launches Insurisk Cyber
CFC announced the launch of affirmative AI coverage within its intellectual property policy. AI is transforming how businesses create, develop and commercialize intellectual property. However, the legal framework governing the relationship between AI and IP remains fragmented and continues to …

POSTED SEPTEMBER 24, 2026 7:02 AM
People Moves: Huntington T. Block Appoints Schaffer Senior VP of Fine Art; Zern to Oversee Howden US Health and Benefits
Huntington T. Block Appoints Schaffer as Senior VP of Fine Art Insurance Huntington T. Block Insurance Agency Inc., the oldest and largest insurance broker dedicated to fine art and musical instrument insurance in the U.S. and a subsidiary of Aon …

POSTED SEPTEMBER 24, 2026 6:00 AM
Ex-Google Safety Chief Warns AI Could Harm Children More Than Social Media
The founder of the trust and safety team at Alphabet’s Google this week called for a slowdown in AI development, warning that the tech industry was repeating the same mistakes from the social media era, potentially causing even greater harm …

POSTED SEPTEMBER 24, 2026 5:22 AM
Independent Agencies Total About 37,000 in 2026, a Decrease From 2024
The number of independent insurance agencies fell slightly from 39,000 in 2024 to 37,000 in 2026. Good news is that most independent agencies reported profitability across both personal and commercial lines, with significantly fewer agencies reporting revenue decreases compared to …

POSTED SEPTEMBER 24, 2026 5:15 AM
Florida’s Commercial Clearinghouse Plan Hits a Snag, With OIR and Board Concerns
The push for a clearinghouse for Citizens Property Insurance commercial policies appears to have hit a snag with little time to spare before a January deadline mandated by Florida statute. “I looked at the numbers and the numbers make no …

POSTED SEPTEMBER 24, 2026 5:02 AM
People Moves: Alliant Insurance Services Adds Esarey to Los Angeles Employee Benefits Team
Barrett Esarey joined Alliant Insurance Services as vice president within its employee benefits group. Based in Los Angeles, California, Esarey serves a national client base, helping employers develop strategic benefits programs that address evolving workforce needs and support long-term business …

POSTED SEPTEMBER 24, 2026 5:00 AM

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