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News Archives - Insurance Journal

Markets/Coverages: BHSI Expands Casualty Lines in Italy
Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of primary casualty policies for national and multinational risks in Italy. “We are pleased to launch our modular, proprietary primary casualty solution, expressly designed to meet our customers’ need for simplicity, clarity …

POSTED JANUARY 13, 2026 9:18 AM
Factbox: Elon Musk’s Grok Faces Global Scrutiny for Sexualized AI Deepfakes
Governments and regulators from Europe to Asia are cracking down on sexually explicit content generated by Elon Musk’s xAI chatbot Grok on X, launching probes, imposing bans and demanding safeguards, in a growing global push to curb illegal material. Here …

POSTED JANUARY 13, 2026 8:54 AM
BBC Defends Documentary Targeted by Trump in $10 Billion Suit
The British Broadcasting Corp. signaled some of its defenses against President Donald Trump’s $10 billion defamation lawsuit, telling a judge that the documentary at the center of the case was fair despite a misleading edit of one segment. The BBC …

POSTED JANUARY 13, 2026 8:08 AM
Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report
Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer said, as the U.S. mainland avoided hurricanes for …

POSTED JANUARY 13, 2026 7:44 AM
Schrager Hampson Aviation Acquires Delaware’s Einstein Insurance
Schrager Hampson Aviation Insurance Group (SHAIG) announced the acquisition of Einstein Insurance Inc., an aviation insurance agency based in New Castle, Delaware, Einstein Insurance Inc. became part of Schrager Hampson Aviation Insurance Agency, a division of SHAIG, on January 1, …

POSTED JANUARY 13, 2026 6:34 AM
Experian: AI Agents Could Overtake Human Error as Cause of Data Breaches
Artificial intelligence continues to be at the center of Experian’s annual breach forecast for 2026, with the scope, frequency and cost of cyber incidents heavily influenced by the technology. AI makes its way into many of the predictions in Experian’s …

POSTED JANUARY 13, 2026 6:30 AM
Florida Lawmakers Ready for Another Shot at Litigation Funding Limits
Florida property-casualty insurance leaders have said they are not expecting big changes from the Legislature’s 2026 regular session that begins today, given the much-touted impact that 2022 reforms have already had on excessive litigation costs in recent years. But one …

POSTED JANUARY 13, 2026 6:01 AM
Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement
The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America’s landmark $2.46 billion settlement of sex abuse claims in a case involving a group of abuse survivors who wanted to pursue lawsuits against …

POSTED JANUARY 13, 2026 6:01 AM
Judge Lets Orsted Resume Rhode Island Offshore Wind Project Halted by Trump
A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump’s administration halted along with four other projects last month. The ruling by U.S. District …

POSTED JANUARY 13, 2026 6:00 AM
Ex-Insurance Agent Sentenced for 2 Fraud Counts Faces Additional Charges
A Baltimore County judge sentenced Michael C. Okolo, of Parkville, Maryland, to six months incarceration for two counts of insurance fraud and one count of obstruction of justice. A jury found Okolo guilty of those charges on December 4 last …

POSTED JANUARY 13, 2026 6:00 AM

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