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Hyundai Recalls 58,000 Palisade SUVs in South Korea Over Automatic Seat Problem
South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions …
POSTED MARCH 24, 2026 10:42 AM |
Iran Sends Waves of Missiles Into Israel, Calls Trump’s Talk of Negotiations ‘Fake News’
Iran launched multiple waves of missiles at Israel on Tuesday, the Israeli military said, after U.S. President Donald Trump postponed the bombing of the Islamic Republic’s power plants and other energy infrastructure because of what he described as productive talks …
POSTED MARCH 24, 2026 10:16 AM |
Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis
The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with more than half of the total coming from recent accident years, according to a new report. The report published by …
POSTED MARCH 24, 2026 5:23 AM |
Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling
Colleges are racing to comply with President Donald Trump’s demand for sweeping admissions data and bracing for those records to fuel a new crackdown on campus diversity efforts. They face a Wednesday deadline to submit these documents, even as a …
POSTED MARCH 24, 2026 5:14 AM |
NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?
New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district attorneys, mayors, immigrant and minority groups and others have come out in support of Gov. Kathy …
POSTED MARCH 24, 2026 5:00 AM |
Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area
Alphabet-owned Wing plans to begin delivering packages by drone to homes in California’s San Francisco Bay Area in the coming months, it said on Monday, extending its rollout to one of its earliest testing grounds. Wing is seeking to scale …
POSTED MARCH 24, 2026 5:00 AM |
Register: Risky Future AI Tools for Better Billing & Payments ‘Demo Day’ on March 25
Insurance Journal’s Risky Future series is hosting the “AI Tools for Better Billing & Payments for Insurance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agencies, MGAs, as well as finance and operations …
POSTED MARCH 23, 2026 4:11 PM |
Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re
Wildfires, severe convective storms and floods — also known as secondary perils — have driven a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …
POSTED MARCH 23, 2026 4:10 PM |
Hawaii’s Worst Flooding in 20 Years Prompts Evacuations
Hawaii officials urged people in hard-hit areas to evacuate Saturday due to the state’s worst flooding in more than 20 years, after heavy rains fell on soil already saturated by downpours from a winter storm a week ago. Muddy floodwaters …
POSTED MARCH 23, 2026 3:34 PM |
Relation Insurance Acquires Chinook Insurance Group in Washington
Relation Insurance Services acquired the assets of Chinook Insurance Group, LLC based in Seattle, Washington. Chinook Insurance Group focuses on commercial clients and brings specialized expertise in insurance services for the subsea and aquaculture industry. The company also has additional …
POSTED MARCH 23, 2026 3:26 PM |
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