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WTW, Ivans Reports Signal More Commercial Rate Moderation U.S. commercial insurance rates increased 0.5% in the second quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “Commercial insurance pricing is continuing to move toward a more balanced market, with overall price increases moderating across …
POSTED SEPTEMBER 14, 2026 5:16 AM |
Silicon Valley Escalates Warnings About Existential Risks of AI For years, some of the leading figures in Silicon Valley have warned that artificial intelligence might pose an existential threat to humanity even as they pushed to develop the technology. This week, the high-profile resignation of an Anthropic researcher brought …
POSTED SEPTEMBER 14, 2026 5:12 AM |
AI Data Centers Are on Track to Fuel ‘Explosive’ Growth in Captive Insurance A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Captives — whereby firms sidestep traditional insurers and instead …
POSTED SEPTEMBER 14, 2026 5:10 AM |
Viewpoint: What Liability Trends in California Mean for the Rest of the Country For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned as the nation’s bellwether for the liability trends, regulatory frameworks and legal doctrines that eventually ripple across the rest of …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Arizona Accuses L’Oreal of Concealing Cancer Risks Linked to Hair Relaxers Arizona has sued L’Oreal SA and its U.S. subsidiary, alleging the cosmetics company hid evidence that its hair relaxer products could cause cancer in women, as it faces thousands of similar lawsuits from users and their families. Arizona Attorney General …
POSTED SEPTEMBER 14, 2026 5:00 AM |
New York Contractor Charged with $160K Workers’ Comp Insurance Fraud A Long Island contractor has been charged with workers’ compensation fraud that officials contend resulted in the underpayment of insurance premiums by more than $160,000. Suffolk County District Attorney Raymond A. Tierney announced that Joseph Arthurs, of Patchogue, and his …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Six Convicted in Louisiana Scheme to Obtain Commercial Driver’s Licenses Six people have been convicted in a bribery scheme that enabled more than 100 people to fraudulently obtain commercial driver’s licenses, the U.S Attorney’s Office, Eastern District of Louisiana announced. Mahmoud Alhattab, a restaurant owner, led a scheme in which …
POSTED SEPTEMBER 11, 2026 4:55 PM |
Drought-Stricken South Dakota Ranchers Faced With Drying Wells Each morning this summer, Gordon and Connie Howie have awoken on their cattle ranch in central Pennington County and turned on the kitchen faucet, unsure if any water will come out. “We can’t do laundry or dishes or take showers …
POSTED SEPTEMBER 11, 2026 4:43 PM |
AM Best Revises Outlook to Stable for Farm Bureau Property & Casualty Group AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Farm Bureau Property & Casualty Insurance Company and Western Agricultural Insurance …
POSTED SEPTEMBER 11, 2026 4:38 PM |
Register: AI Tools for FNOL & Digital Claims Intake ‘Demo Day’ on September 16 Insurance Journal’s Risky Future series is hosting the “AI Tools for FNOL & Digital Claims” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance claims leaders, including chief claims officers, innovation & transformation leaders, customer experience …
POSTED SEPTEMBER 11, 2026 4:23 PM |
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