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News Archives - Insurance Journal

Markets/Coverages: Willis Returns to Light and Recreational General Aviation Market
Willis, a WTW business, has announced its return to the light and recreational general aviation market after a 30-year absence, marking a significant milestone in the company’s ongoing commitment to providing industry-leading insurance solutions. The move has been enabled by …

POSTED FEBRUARY 02, 2026 11:42 AM
UN Nuclear Watchdog Discusses Risks to Ukraine’s Nuclear Safety After Russian Strikes
The U.N. atomic watchdog’s board held a special session Friday to discuss risks to nuclear safety in Ukraine as concerns mount that relentless Russian attacks on its energy infrastructure pose an increasing danger of a nuclear accident. The urgent meeting …

POSTED FEBRUARY 02, 2026 10:32 AM
Dutch Regulator to Probe Roblox Over Risks to Minors
The Netherlands’ consumer protection regulator ACM has launched an investigation into U.S. gaming platform Roblox over potential risks to underage users in the European Union, it said on Friday [Jan. 30]. The regulator said it will assess whether Roblox is …

POSTED FEBRUARY 02, 2026 9:14 AM
India’s GIFT City Attracts Lloyd’s and Other Global Reinsurers, Sources Say
Some of the world’s biggest reinsurers, including Lloyd’s of London, are seeking Indian regulatory approval to operate in a low-tax city set up in the prime minister’s home state to try to rival other international financial hubs, two sources said. …

POSTED FEBRUARY 02, 2026 8:58 AM
Trafigura Wins $600 Million Nickel Fraud Lawsuit Against Businessman Gupta
Trafigura won its London lawsuit against Indian businessman Prateek Gupta over fake nickel cargoes on Friday, with London’s High Court ruling in favor of the commodities trader. Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in …

POSTED FEBRUARY 02, 2026 8:15 AM
Bitcoin’s Break Below $80,000 Signals New Crisis of Confidence
Price, relevance, conviction — Bitcoin is bleeding all three. The world’s largest cryptocurrency slipped below $76,000 in thin weekend trading, dropping about 40% from its 2025 peak and revisiting levels last seen in the aftermath of the “Liberation Day” tariff …

POSTED FEBRUARY 02, 2026 6:20 AM
Federal Trade Commission Warns Law Firms About DEI Hiring
The U.S. Federal Trade Commission said on Friday it had written to 42 law firms warning them about diversity, equity, and inclusion hiring, which it described as potentially unfair and anticompetitive. President Donald Trump’s administration has eliminated DEI-related programs in …

POSTED FEBRUARY 02, 2026 6:11 AM
Open-Source AI Models Vulnerable to Criminal Misuse, Researchers Warn
Hackers and other criminals can easily commandeer computers operating open-source large language models outside the guardrails and constraints of the major artificial-intelligence platforms, creating security risks and vulnerabilities, researchers said on Thursday. Hackers could target the computers running the LLMs …

POSTED FEBRUARY 02, 2026 6:03 AM
Charges Dropped Against ‘Poster Boy’ Florida Contractor Accused of Insurance Fraud
Two years ago, in May of 2023, a circuit court judge in Lee County, Florida, sharply criticized a restoration contractor, accusing him of concealing the true cost of condominium roof work in an assignment-of-benefits claim with Tower Hill insurance. Six …

POSTED FEBRUARY 02, 2026 6:02 AM
Delaware’s Supreme Court Slashes Legal Fees in Tesla Director Pay Lawsuit
The Delaware Supreme Court handed Tesla a victory on Friday, slashing by more than $100 million the legal fees owed to shareholder lawyers who successfully sued directors at Elon Musk‘s electric car company for overpaying themselves. The court said Tesla …

POSTED FEBRUARY 02, 2026 6:00 AM

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