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News Archives - Insurance Journal

NJM Insurance Inks Brand Partnership with UConn Huskies
UConn Athletics and Learfield’s UConn Sports Properties announced a new brand partnership with NJM Insurance Group, a Mid-Atlantic region insurer. The multi-year partnership includes game day visibility during all University of Connecticut men’s and women’s basketball home games. In addition, …

POSTED OCTOBER 21, 2026 12:00 PM
Cyberattack Hits India’s Largest Bank, Exposes Customer Data
State Bank of India, the country’s largest lender by assets, has launched a probe after a suspected cyberattack exposed thousands of customer records containing personal information onto the dark web. SBI is investigating the breach after a preliminary analysis identified …

POSTED OCTOBER 21, 2026 11:39 AM
EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix
The developers of the widely used PHP programming language said on Wednesday they would release patches for two critical vulnerabilities, as EU cybersecurity officials warned organizations unable to apply the fixes should take affected websites offline. PHP is used across …

POSTED OCTOBER 21, 2026 11:11 AM
French Supermarket Hack Exposes Cyber Vulnerabilities in Retail
When Jérémy Béziaud arrived last Monday at the Intermarché supermarket he manages in France’s Normandy region, he found freezers heating at 40C and a cold room ventilator for fish that had risen to 70C. Monitoring teams had alerted Béziaud to …

POSTED OCTOBER 21, 2026 10:58 AM
EU Officials Propose Guardrails for Insurers Participating in Unfunded SRTs
The European Union is considering strengthening the rules around a riskier form of insurance provided to the banking sector, as part of an upcoming package to broadly ease access to securitized finance. Insurers participating in so-called unfunded significant risk transfers …

POSTED OCTOBER 21, 2026 10:46 AM
WR Berkley CEO Shares Insights on AI Adoption During Q3 Call
W.R. Berkley Corp. Chairman, President and CEO W. Robert Berkley, Jr. chose the third quarter of 2026 to enlighten analysts on the insurer’s journey parallel to society’s breakneck adoption of technological advances and its effect on the economy. “My colleagues …

POSTED OCTOBER 21, 2026 5:13 AM
EC-Council Acquires Cyber Insurance Academy, Expands AI Risk Education
Cybersecurity training and certification organization EC-Council has acquired Cyber Insurance Academy, the credentialing body for the cyber and AI insurance industries. Financial terms of the transaction were not disclosed. Cyber Insurance Academy will continue operating under its existing brand and …

POSTED OCTOBER 21, 2026 5:11 AM
Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment
An Alabama insurance agent is in the clear after years of litigation that contended he had failed to secure professional liability coverage for a pharmacy that was sued over a compounded medication error. The reason: Alabama courts, more than some …

POSTED OCTOBER 21, 2026 5:02 AM
California Mailing Company Owner Pays Nearly $2 Million Over Unpaid Wages, Closure
The owner of a West Sacramento printing and bulk mailing company is paying nearly $2 million following litigation over unpaid wages and failure to give employees advance notice before abruptly closing the business in 2016. The California Labor Commissioner’s Office …

POSTED OCTOBER 21, 2026 5:00 AM
Report: Arizona Vehicle Thefts Fall 21%, But Fraud Schemes May Mask Losses
Reported vehicle thefts in Arizona fell 21% through the third quarter from the same period a year ago, but that good news was tempered by the finding that some schemes involving fraudulently obtained vehicles are going uncounted. According to data …

POSTED OCTOBER 21, 2026 5:00 AM

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