News Center
News Archives - Insurance Journal
Gunfire, U-Turns and Threats Mark a Chaotic Weekend in Hormuz
After Iranian Foreign Minister Abbas Araghchi posted on X on Friday that the Strait of Hormuz was “completely open,” a tanker stuck in the Persian Gulf immediately lifted anchor and began heading for the narrow waterway. The ship believed it …
POSTED APRIL 20, 2026 10:40 AM |
India Expands Russian Marine Insurance Options
India has expanded the pool of Russian insurers eligible to provide marine cover to ships docking at its ports, increasing the number to 11 from eight, according to its Directorate General of Shipping. India has permitted Russia’s Gazprom Insurance and …
POSTED APRIL 20, 2026 10:04 AM |
How Niche Insurance Shielded Bad Bunny From Bad Weather
Bad Bunny had a problem. Days before the Puerto Rican mega-star was set to perform in Colombia earlier this year, the possibility of heavy rains threatened to turn three sold-out shows in Medellin into multimillion-dollar losses. Solutions were few. Traditional …
POSTED APRIL 20, 2026 9:34 AM |
Asia Regulators Raise Scrutiny on Banks Amid Mythos AI Fears
Regulators across Asia are stepping up scrutiny of cybersecurity risks in their financial systems, as concerns over Anthropic PBC’s latest AI model Mythos spread. Singapore’s financial regulator is urging banks to plug holes, while South Korea’s government agencies have met …
POSTED APRIL 20, 2026 9:19 AM |
Update: Ceasefire at Risk After US Seizes Iranian Ship, Iran Shuns Peace Talks
A ceasefire between the United States and Iran appeared in jeopardy on Monday after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Tehran vowed to retaliate, refusing for now to join …
POSTED APRIL 20, 2026 8:23 AM |
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud
The former chief executive and chief financial officer of iLearningEngines, which provided AI-driven business automation technology, were indicted on charges they defrauded investors and lenders by fabricating “virtually all” of the now-bankrupt company’s customer relationships and revenue. Former CEO Puthugramam …
POSTED APRIL 20, 2026 5:29 AM |
Pemex Undersea Pipeline Found to Cause Gulf Oil Spill
An oil spill in the Gulf of Mexico that soiled beaches, killed wildlife and sparked outrage from environmental groups was caused by a leaky pipeline owned by state oil company Petroleos Mexicanos, the company said. A government investigation determined that …
POSTED APRIL 20, 2026 5:14 AM |
SEC’s Power to Recoup Illicit Profits Challenged at Supreme Court
Three times over the past decade, the US Supreme Court has cut the Securities and Exchange Commission’s ability to extract millions of dollars from alleged wrongdoers. Critics of the commission say it’s not enough. In arguments Monday they are asking …
POSTED APRIL 20, 2026 5:11 AM |
AI for the Defense: Should Insurers or Law Firms Pay?
The idea that AI tools can help plaintiffs’ lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to Carrier Management readers. Nor is the suggestion that defense firms need to try to …
POSTED APRIL 20, 2026 5:05 AM |
Florida Needs More, Much More Wind Mitigation. Experts at OIR Summit Give Ideas
Florida has the largest wind-mitigation grant program in the country, providing more than $300 million to homeowners over the last few years and resulting in insurance premium discounts for thousands of people. But it’s not enough. The program is not …
POSTED APRIL 20, 2026 5:01 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 One Choice Insurance 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.
|