Insurance Journal News Feed

Insurance Journal news feed

1. Hacking Attempts Surge as Companies, Governments Rush to Patch PHP Flaws

   Global firms and governments rushed on Thursday to patch critical flaws in the PHP programming language that underpins much of the internet, as cloud firms reported a surge of hacking attempts after the vulnerabilities were disclosed. The push came after …

2. Transit Systems Weigh Whether to Run Trains Without a Human at the Controls

   Even as automated vehicles such as robotaxis grow more prevalent in the U.S., almost every mass transit system still requires a driver or operator on board. Two major cities are seeking to change that. Officials in Washington, D.C., recently advanced …

3. Fla. Reforms Cut Property Premiums but Data Show Multifamily Liability Rates Up

   In the warming Florida market, post-legislative reforms, much of the focus has been on homeowners’ property insurance rates. But one segment has been overlooked to a degree: multifamily dwellings, a category that includes everything from duplexes and fourplexes to big …

4. New Mexico’s Outside Lawyers Could Collect up to $1.27B in Meta Case

   Private plaintiffs’ lawyers stand to collect up to $1.27 billion from New Mexico if the state’s $25 billion court win against Meta Platforms this week is upheld, according to a Reuters review of a contract with the state. New Mexico …

5. PG&E Weighs Gas Business Separation Over California Fire Rules

   PG&E Corp. said it may spin off, sell or otherwise separate its natural gas business if California doesn’t overhaul its wildfire liability rules. The utility’s 4 million gas customers are bearing borrowing costs associated with the company’s sub-investment-grade credit because …