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Tag: insurance-journal

Los Angeles’ Rare Humidity Tied to Pacific Heat, Climate Change
Insurance Journal | July 30, 2026
Los Angeles’ Rare Humidity Tied to Pacific Heat, Climate Change
Los Angeles isn’t the first place people think of as sultry in summer. But an unusually warm Pacific Ocean is pushing humidity to uncommon levels in a region better known for dry heat. A marine heat wave stretching across the …
Analog Devices Assessing Latest Cyber Breach Claim From Hackers
Insurance Journal | July 30, 2026
Analog Devices Assessing Latest Cyber Breach Claim From Hackers
Analog Devices Inc. is assessing a new claim by a group of hackers who say they’ve stolen hundreds files containing information on customers of the computer chips maker. A hacking group known as ExfilSquad has claimed to have breached Analog …
Experts in Lockheed Pollution Suit Used Unreliable Methods, Appeals Court Says
Insurance Journal | July 30, 2026
Experts in Lockheed Pollution Suit Used Unreliable Methods, Appeals Court Says
Lockheed Martin Corp. won a major legal victory in May when a Florida jury found that plaintiffs had failed to prove that the defense and aerospace giant had polluted groundwater around its Orlando manufacturing site and caused disease in nearby …
Aon Quarterly Profit Jumps on Commercial Risk Management Strength
Insurance Journal | July 30, 2026
Aon Quarterly Profit Jumps on Commercial Risk Management Strength
Aon reported a jump in second-quarter profit on Wednesday, as the insurance broker giant benefited from robust demand for its commercial risk management offerings. The construction business has benefited from strong data center spending by Big Tech firms, boosting demand …
Houthis’ Red Sea Attacks Prompt London Insurers to Widen High-Risk Zone
Insurance Journal | July 30, 2026
Houthis’ Red Sea Attacks Prompt London Insurers to Widen High-Risk Zone
Attacks on ships by Yemen’s Houthis have prompted London’s marine insurance market to widened its “high risk” zone in the Red Sea. The Joint War Committee comprises syndicate members from the Lloyd’s Market Association and representatives from the London insurance …
Hippo Sees Q2 Net Income Jump on Casualty, Commercial Lines Growth
Insurance Journal | July 30, 2026
Hippo Sees Q2 Net Income Jump on Casualty, Commercial Lines Growth
Insurtech Hippo posted net income for the second quarter 2026 of $10.1 million compared with about $1.3 million for the period a year ago. For the first six months of 2026, net income at the San Jose, California-based insurer was …
Japan Earthquake’s Insurance Claims May Top $1.1 Billion: Bloomberg Intelligence
Insurance Journal | July 30, 2026
Japan Earthquake’s Insurance Claims May Top $1.1 Billion: Bloomberg Intelligence
Insurance claims from this week’s earthquake in Japan may top the 175 billion yen ($1.1 billion) average for the country’s six previous major tremors, Bloomberg Intelligence estimated.”We estimate industry-wide insurance claims could reach the low hundreds of billions of yen,” …
US Sanctions Iran’s ‘Extortion Network’ Over Hormuz Tolls
Insurance Journal | July 30, 2026
US Sanctions Iran’s ‘Extortion Network’ Over Hormuz Tolls
The US imposed sanctions on two Iranian companies that charge for safe passage through the Strait of Hormuz, an attempt to loosen Tehran’s grip on the vital waterway as hostilities between the countries resume. The Treasury Department on Wednesday announced …
Drone Strike at Egypt’s Damietta Port Raises New Security Threat Near Suez
Insurance Journal | July 30, 2026
Drone Strike at Egypt’s Damietta Port Raises New Security Threat Near Suez
A drone strike on gas vessels in Egypt’s Mediterranean port of Damietta signaled a potential new front in the U.S.-Iran war, raising the prospect of threats to navigation through the Suez Canal, a last remaining safe export route for Saudi …
FTC Sues Hims & Hers for Sending User Health Info to Meta, Snap
Insurance Journal | July 30, 2026
FTC Sues Hims & Hers for Sending User Health Info to Meta, Snap
The U.S. Federal Trade Commission sued Hims & Hers on July 29 alleging the telehealth platform shared users’ health data with online advertisers, despite promising privacy, and engaged in deceptive billing and cancellation practices. Users’ sensitive health information was shared …