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News Archives - Insurance Journal

Iran Charges Some Ships Hormuz Transit Fees for Safe Passage
Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another sign of Tehran’s control over the world’s most important maritime energy channel. Payments of as much as $2 million per voyage are being …

POSTED MARCH 25, 2026 9:30 AM
Iran’s Military Rejects Trump’s Talk of Negotiation; Israel and Iran Launch Airstrikes
Israel and Iran exchanged airstrikes on Wednesday, as Iran’s military rejected President Donald Trump’s assertion the U.S. was in negotiations to end the war which has roiled energy and financial markets, saying the U.S. is negotiating with itself. The rejection …

POSTED MARCH 25, 2026 9:11 AM
Iran Wiped 50 Israeli Firms’ Data, Hacked Cameras, Official Says
Iran-linked hackers have stepped up cyberattacks on Israel since the war began, wiping the data of over 50 small businesses and compromising dozens of security cameras, according to an Israeli official. Yossi Karadi, the director-general of the Israel National Cyber …

POSTED MARCH 25, 2026 8:32 AM
Tech Update: Renaissance Unveils AI Upgrade to Its Member Platform
Independent agency network Renaissance said it made a major enhancement to its member platform, calling it the industry’s only fully integrated, artificial intelligence-enabled ecosystem built specifically for independent agencies. “Independent agencies are being asked to compete in a modern market …

POSTED MARCH 25, 2026 6:03 AM
Crunchyroll Probes Breach After Hacker Steal User Data: BleepingComputer
Crunchyroll, a subscription-based anime streaming service, is probing a data breach after hackers claimed to have stolen personal information of nearly 6.8 million people, BleepingComputer reported on Monday. “We are aware of recent claims and are currently working closely with …

POSTED MARCH 25, 2026 5:47 AM
WTW Survey: Insurers Using Advanced Analytics and AI See Strong Returns
A new survey finds that property/casualty insurers in North America that invested more resources in advanced analytics and AI achieved greater profitability and premium growth, according to global broker WTW. Insurers using more sophisticated analytics achieved combined ratios six percentage …

POSTED MARCH 25, 2026 5:22 AM
Meta Ordered to Pay $375M After Trial Over Child Exploitation, User Safety
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child …

POSTED MARCH 25, 2026 5:08 AM
Zoox to Widen Robotaxi Footprint With San Francisco, Vegas Expansion
Zoox, Amazon’s self-driving unit, said on Tuesday it will expand its robotaxi service in San Francisco and Las Vegas, and begin testing its purpose-built robotaxis in Austin and Miami, marking its broadest push yet into the U.S. autonomous ride-hailing market. …

POSTED MARCH 25, 2026 5:00 AM
Six People Injured After Floor Collapses at New Hampshire Wedding Venue
Six people were taken to area hospitals with non-life-threatening injuries after a floor collapsed at a wedding venue in Tamworth, New Hampshire, around 4:30 p.m. Saturday, a spokesperson for the New Hampshire State Fire Marshal’s Office said. The collapse happened …

POSTED MARCH 25, 2026 5:00 AM
People Moves: Farmers Insurance Names Pham Chief Strategy & Risk Officer; Alliant Private Client Adds Yoshida as SVP
Farmers Insurance Appoints Pham as Chief Strategy & Risk Officer John Pham joined Farmers Insurance as chief strategy and risk officer, reporting to Farmers Group CEO Raul Vargas. Pham joins Farmers from GEICO, where he most was recently head of …

POSTED MARCH 25, 2026 5:00 AM

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