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News Archives - Insurance Journal

Fire Forces Evacuation of Miss. Senior Living Center and Destroys Much of Building
A fire tore through a Mississippi senior living center Wednesday, forcing the evacuation of its residents and destroying much of the building that was home to more than 100 people. There were no confirmed casualties, but authorities searched the site …

POSTED OCTOBER 23, 2026 1:57 PM
Trump Signs Executive Order Aimed at Taming Housing Costs
President Donald Trump on Thursday signed an executive order aimed at bringing down housing costs in a bid to show that his administration is addressing voters’ affordability concerns in the final sprint to the midterm elections. The order would direct …

POSTED OCTOBER 23, 2026 1:14 PM
Russia-Linked Hackers Used Decentralized Network in Ukraine Cyberattack: ESET
Russia-linked hackers used the volunteer-run Yggdrasil network to conceal communications during an attack on a Ukrainian grain logistics company, marking the first documented use of the technology by a state-linked hacking group, cybersecurity firm ESET said on Thursday. The attack …

POSTED OCTOBER 23, 2026 12:40 PM
Romania Blames Russia for Drone That Sinks Cargo Ship; 1 Killed, 3 Missing
Romanian President Nicusor Dan accused Russia of escalating its attacks on NATO’s eastern flank on Friday, after a drone strike sank a cargo ship off the Romanian Black Sea coast, killing at least one sailor with three still missing. Video …

POSTED OCTOBER 23, 2026 11:53 AM
Storm Austen Knocks Out Power to Almost 300,000 French Homes
Storm Austen knocked out electricity to almost 300,000 customers in western France on Friday as hurricane-force winds battered the region, disrupting roads, railways and other transport links. Brittany was hardest hit, with almost 150,000 customers without power, according to distributor …

POSTED OCTOBER 23, 2026 11:39 AM
New York City Bans Horse-Drawn Carriages After Decade-Long Battle
New York’s City Council voted to ban horse-drawn carriages, ending a Central Park tourist staple dating to the 19th century after years of debate over the horses’ place on city streets. The Council voted 40 to 7 to pass the …

POSTED OCTOBER 23, 2026 11:38 AM
Taiwan Shuts $5 Trillion Stock Market as Typhoon Nears
Taiwan shut its $5 trillion stock market, schools and offices on Friday as Typhoon Champi barreled toward the island, bringing heavy rain and damaging winds that disrupted flights. Champi was packing top sustained winds of 155 kilometers (96 miles) an …

POSTED OCTOBER 23, 2026 11:22 AM
Meta Sued in Australian Class Action Over Alleged Social Media Harm to Children
A class-action lawsuit has been filed in an Australian court against Meta Platforms’ Facebook and Instagram that alleges the social media platforms exposed children to harmful content and kept them addicted through algorithms. The lawsuit, filed in the Federal Court, …

POSTED OCTOBER 23, 2026 10:44 AM
AM Best: Social Inflation Drives Surge in Commercial Auto Liability Claims
According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …

POSTED OCTOBER 23, 2026 6:06 AM
Viewpoint: Generational Shifts, Delayed Projects Are Shaping Builder’s Risk
Having spent more than 20 years in the industry, including a decade focusing on builder’s risk, I have seen the market shift numerous times over the years. In my opinion, here’s what lies behind the three biggest factors currently influencing …

POSTED OCTOBER 23, 2026 5:26 AM

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