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Category: Insurance Journal

Explosion at Orange Site in Paris Injures Workers, Affects 80,000 Users
Insurance Journal | October 10, 2025
Explosion at Orange Site in Paris Injures Workers, Affects 80,000 Users
An explosion occurred at one of Orange’s technical sites in Paris on Thursday, injuring three workers, two critically, and disrupting communication services for 80,000 users, the district mayor said. The incident took place around 10 a.m. (0800 GMT) [on Oct. …
People Moves: Boxx Hires Leads for Distribution, Claims and Tech; XPT Specialty Hires Staver, Luceno to Personal Lines Team
Insurance Journal | October 10, 2025
People Moves: Boxx Hires Leads for Distribution, Claims and Tech; XPT Specialty Hires Staver, Luceno to Personal Lines Team
Boxx Hires Leads for Distribution, Claims and Tech Boxx Insurance, headquartered in Miami, Florida, appointed Joe Gates, Ray Moylan and Thomas Beale to new positions. Boxx appointed Gates head of distribution, central, where he manages access to Boxx’s all-in-one cyber …
Survey Shows Homeowners Warming to DIY Digital Claims, Insurance Processes
Insurance Journal | October 10, 2025
Survey Shows Homeowners Warming to DIY Digital Claims, Insurance Processes
Nearly 80% of U.S. homeowners would use their smartphones to document property damage for an insurance claim, according to a new survey that suggests self-service digital tools could play a larger role in future claims handling. The online survey of …
High Demand for Gen AI Insurance; Buyers Say They’ll Pay More: Report
Insurance Journal | October 10, 2025
High Demand for Gen AI Insurance; Buyers Say They’ll Pay More: Report
A new survey of corporate insurance buyers reveals widespread interest in buying insurance to cover Gen AI risks—and a willingness to pay up 10-20 percent more in organization-wide insurance premiums for the coverage. But the most willing buyers are those …
Microsoft Forecasts Show Data Center Crunch Persisting Into 2026
Insurance Journal | October 10, 2025
Microsoft Forecasts Show Data Center Crunch Persisting Into 2026
Microsoft Corp.’s data-center crunch will continue for longer than the company has previously outlined, underscoring the software giant’s struggles to keep up with cloud demand. Many of Microsoft’s US data center regions are experiencing shortages of physical space or servers, …
Florida County Hit by 2024 Hurricanes Takes on Beach Restoration Without Fed Help
Insurance Journal | October 10, 2025
Florida County Hit by 2024 Hurricanes Takes on Beach Restoration Without Fed Help
The white sandy beaches along a swath of Florida’s Gulf Coast were battered by three hurricanes last year, leading to a multimillion-dollar effort to repair a coastline that is the region’s economic engine. Crews are working with dredges, trucks and …
Texas AG Threatens Action Against Chinese Company for Potential Data Privacy Violations
Insurance Journal | October 9, 2025
Texas AG Threatens Action Against Chinese Company for Potential Data Privacy Violations
Texas Attorney General Ken Paxton announced he has opened an investigation against TP-Link Systems Inc. (“TP Link”), a manufacturer of networking equipment, for potentially aiding the Chinese government in accessing consumers’ data. The investigation will examine whether TP Link has …
MEMIC Group to Pay $19 Million Dividend to Its Maine Policyholders
Insurance Journal | October 9, 2025
MEMIC Group to Pay $19 Million Dividend to Its Maine Policyholders
Workers’ compensation specialist The MEMIC Group announced a $19 million dividend for more than 17,000 Maine policyholders. This annual dividend is based on the insurer’s financial performance, claims experience, and its insureds’ safer workplaces during the 2022 calendar year. The …
Argentina Soccer Match Pulled From Chicago Amid Troop Tension
Insurance Journal | October 9, 2025
Argentina Soccer Match Pulled From Chicago Amid Troop Tension
A soccer match between Argentina and Puerto Rico is being relocated to Florida from Chicago, according to people familiar with the decision, a day after the Texas National Guard arrived in the third-largest US city. The friendly match, originally scheduled …
Rural Texas Residents Struggle with Noise Pollution from Nearby Crypto Facility
Insurance Journal | October 9, 2025
Rural Texas Residents Struggle with Noise Pollution from Nearby Crypto Facility
Danny Lakey and his wife have spent countless evenings sitting on rocking chairs on their front porch, watching the sun slowly dip behind the cows grazing on their neighbor’s ranch. It was the calm country life they dreamed of in …