News Center
News Archives - Insurance Journal
Tornado Damages More than 100 Homes Near Houston
More than 100 homes have been damaged after a tornado touched down in a residential area outside Houston, authorities in Texas said Monday. No injuries were reported. Photos and drone video posted on Facebook by the Harris County Precinct 4 …
POSTED NOVEMBER 26, 2025 4:53 PM |
West Texas County Struggles to Secure Funding for Flood Prevention
When it rains here, West Texans brace for the worst. With nowhere to go, water collects across sidewalks, roads and highways — the flat, desert landscape becomes a wetland in the blink of an eye. Local officials in Ector County, …
POSTED NOVEMBER 26, 2025 4:51 PM |
Markets/Coverages: CFC New Tool Helps Brokers Engage SMEs on Cyber
Specialist insurer CFC said it has a new tool available to brokers worldwide to help facilitate client conversations and unlock new streams of SME cyber clients. CFC said its new bite-sized Cyber Threat Review reports hone in on the real …
POSTED NOVEMBER 26, 2025 4:13 PM |
Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C
With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at least a quarter of a century—and maybe longer, S&P Market Intelligence said. In a research report titled, “For U.S. P/C …
POSTED NOVEMBER 26, 2025 3:38 PM |
Does Quiet Hurricane Season Mean Lack of Experience for Adjusters?
A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—without any U.S. …
POSTED NOVEMBER 26, 2025 3:29 PM |
Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam
Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million metals scam with the commodity group, as the Indian businessman gave evidence for the first time on Wednesday. Gupta acknowledged …
POSTED NOVEMBER 26, 2025 3:07 PM |
OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide
OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing Tuesday, the artificial intelligence startup called the death …
POSTED NOVEMBER 26, 2025 2:32 PM |
Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims
Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during the previous year, according to the Association British Insurers. Insurers uncovered at least 98,400 fraud-related …
POSTED NOVEMBER 26, 2025 2:25 PM |
Philadelphia Transit Agency Vows It’s Upgrading Railcars Implicated in Fires
Pennsylvania Gov. Josh Shapiro and leaders of Philadelphia’s mass transit agency said Monday that the system is fully complying with federal orders to take measures to help prevent fires in an aging electric railcar model that is heavily used in …
POSTED NOVEMBER 26, 2025 1:50 PM |
Allianz Unit Discussing Call Center Jobs Cuts in AI Transition
Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it seeks to use more artifical intelligence. The cuts will likely affect call center positions, the person said, declining to be …
POSTED NOVEMBER 26, 2025 12:26 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does The Rockwood Company confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|