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News Archives - Insurance Journal

Thanksgiving No. 1 Day of the Year for Cooking Fires in US
Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause, the Red Cross reported. According to the National Fire Protection Association, cooking accounts for 80% of …

POSTED NOVEMBER 25, 2025 6:12 AM
How AI Could Reboot Britain’s Services-Heavy Economy
When accountants at mid-tier firm Moore Kingston Smith began using artificial intelligence to speed up their work, profit margins jumped. Colleagues in another team running checks against corporate fraud created a report for customers in two hours, something that previously …

POSTED NOVEMBER 25, 2025 6:10 AM
Binance Faces Lawsuit by Hamas Victims Under Anti-Terrorism Law
Binance Holdings Ltd. faces a lawsuit claiming the cryptocurrency platform “knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. More than 300 victims and family members of …

POSTED NOVEMBER 25, 2025 6:07 AM
Insurance Customers Skeptical About AI Processes and Benefits
While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s …

POSTED NOVEMBER 25, 2025 6:01 AM
Barge Looted in the Bahamas Returns to Florida But Insurance Claims Mounting
A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …

POSTED NOVEMBER 25, 2025 6:01 AM
New Homeowners Insurance Product in California Launched by bolt
Insurtech bolt launched a new homeowners insurance offering the firm is calling VTRO. VTRO is a California-based managing general agent created by bolt. VTRO combines comprehensive coverage with bolt’s smart water sensor technology. The firm said the policies are underwritten …

POSTED NOVEMBER 25, 2025 6:00 AM
Geo Study Highlights Regional Cost Differences in California Workers’ Comp
Where an injured worker lives in California and receives care can significantly affect claim frequency, complexity and overall costs, a new study shows. The newly released Workers’ Compensation Insurance Rating Bureau of California’s 2025 Geo Study shows clear regional differences …

POSTED NOVEMBER 25, 2025 6:00 AM
Washington Labor Inspectors Catch 41 Unregistered Contractors
The Washington State Department of Labor & Industries cited 41 people for unregistered contracting, or for unlicensed plumbing and electrical work during inspections at nearly 350 construction sites over the course of two days. The coordinated effort organized by the …

POSTED NOVEMBER 25, 2025 6:00 AM
Federal Jury Awards $80 Million to Estate of NY Man Wrongfully Convicted of Murder
A federal jury awarded $80 million Wednesday to the estate of a Buffalo man whose conviction in a 1976 murder was overturned after he spent nearly a quarter century in prison. Darryl Boyd, one of the group of Black teenagers …

POSTED NOVEMBER 25, 2025 6:00 AM
Contractor and Cape Cod Town Began Court Battle Before Fatal Trench Collapse
The employer of a construction worker who was killed in a construction trench collapse on Cape Cod last week and the town that hired the firm for the sewer project are in a legal dispute that began before the fatal …

POSTED NOVEMBER 25, 2025 6:00 AM

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