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News Archives - Insurance Journal

More Florida Insurers Announce Rate Cuts for Auto, Homeowners, Condo Units
Three more insurance carriers have announced reduced rates—for homeowners, condominium units and for auto policies, affecting more than half a million policies in Florida. USAA insurance, catering to military service members and their families, said it had reduced auto rates …

POSTED OCTOBER 28, 2026 2:56 PM
Trucking Companies Confront Mounting Diesel, Insurance, Debt Costs
Justin Stoneman has been in the trucking industry for 27 years, operating out of central Michigan’s agricultural heartland. Hauling grain and fertilizer around the Midwest, his 12-odd tractor trailers generated more than $3 million in annual revenue during their best …

POSTED OCTOBER 28, 2026 2:36 PM
Spanish Train Crash Kills at Least 64 People South of Madrid
A high-speed rail service slammed into another train about 60 miles south of Madrid on Wednesday, killing at least 64 people — the second major accident on Spain’s rail network this year and the deadliest crash in over a decade. …

POSTED OCTOBER 28, 2026 2:13 PM
Health Damages From Climate Change Are Increasing Faster: Report
The negative health impacts of climate change are not only increasing but doing so at a faster pace than a decade ago, according to a major global assessment released Wednesday. The 10th annual Lancet Countdown report — by an international …

POSTED OCTOBER 28, 2026 1:45 PM
AI Cybersecurity Startup Upwind Raises at $3.8 Billion Value
Upwind Security, a San Francisco-based startup offering cybersecurity for artificial intelligence and cloud applications, has secured $400 million in fresh financing that values the company at $3.8 billion. Bessemer Venture Partners led the investment, with participation from existing backers including …

POSTED OCTOBER 28, 2026 1:27 PM
Edison Must Face Jury Over Equipment’s Role in Massive California Fire
A judge ruled that Southern California Edison cannot escape a trial over a central claim in lawsuits over 2025’s Eaton Fire, the most destructive blaze in the Los Angeles area’s history. Superior Court Judge Laura Seigle rejected a request by …

POSTED OCTOBER 28, 2026 1:19 PM
Meta and Snap Face Major Legal Test of Youth Social Media Addiction Claims
Two teenage plaintiffs who say social media caused them to develop serious mental health problems will take Meta Platforms and Snap to trial in Los Angeles on Oct. 28 in the latest test of claims raised in thousands of US …

POSTED OCTOBER 28, 2026 12:32 PM
US Tells Ships to Avoid Unnecessary Transits Through Hormuz
The US military said vessels that have no need to move between ports in the Gulf of Oman and the Strait of Hormuz should stay away, as tensions ratchet up in the region. “Due to the current geopolitical situation, vessels …

POSTED OCTOBER 28, 2026 12:26 PM
GEICO Returns $10.5 Million to New Jersey Policyholders
The New Jersey Department of Banking and Insurance has ordered GEICO to return more than $10.5 million in wrongfully-charged premium back to policyholders. The department also issued a penalty of $1.2 million to GEICO and its affiliates for improper business …

POSTED OCTOBER 28, 2026 12:00 PM
Korea Financial Firms Hit By More Hacks as Asia Breaches Grow
South Korea’s financial industry was hit by a second wave of cyberattacks in about a month as a series of breaches across Asia heightens concerns that artificial intelligence is making large-scale hacking easier. Financial Supervisory Service Governor Lee Chan-jin said …

POSTED OCTOBER 28, 2026 11:55 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does FDI Management Group confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.


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