Insurance Journal News Feed

Insurance Journal news feed

1. Aircraft Lessor SMBC’s Proceeds From Russian Jet Insurance Settlements Hit $1.4B

   Aircraft lessor SMBC Aviation Capital has booked a further $654 million in proceeds from insurance settlements over the past year related to jets stranded in Russia following Western sanctions, the Irish-headquartered company said on Thursday. That brought SMBC’s total recoveries …

2. Viewpoint: Loss Control Services Are Underused Tools to Reduce Identity Security Risk

   Cyber insurers are offering tools that could significantly reduce your identity risk—but most organizations aren’t using them. One of the most significant advancements in the sector is the increased emphasis on loss control services. These services are designed to mitigate …

3. Kremlin Vows to Defend Its Ships in the Baltic by All Legal Ways

   Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said, days after briefly deploying a fighter jet as Estonian officials tried to halt a so-called shadow fleet tanker in their economic zone. “A fairly …

4. AI Regulation Ban Meets Opposition From State Attorneys General

   A Republican proposal to block states from regulating artificial intelligence for 10 years drew opposition on from a bipartisan group of attorneys general in California, New York, Ohio and other states that have regulated high-risk uses of the technology. The …

5. While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance

   More than two months after a tornado demolished his Mississippi home, Brian Lowery still sifts through the rubble, hoping to find a tie clip his mother gave him, made from the center stone of her wedding band. “I still have …