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Police in San Bruno, California, found themselves in a tricky situation when they pulled over a self-driving Waymo taxi for making an illegal U-turn—only to discover there was no one behind the wheel to ticket. The incident happened during a DUI operation earlier this month, according to the San Bruno Police Department. Officers spotted the

As more companies rush to adopt artificial intelligence, those that focus on responsible AI practices are pulling ahead of the rest. A new survey from EY, conducted in August and September 2025, reveals that businesses committed to responsible AI see better results in innovation, productivity, and even revenue growth. The survey collected responses from 975

Many insurance agency owners focus mainly on building relationships, making sales, and serving clients, often paying little attention to their accounting. But skipping financial oversight can be costly. It can cause agencies to overpay producers, miss chances to grow, or misunderstand how the business is really doing. Good accounting is more than just following rules—it

In New York, a new bill introduced on March 6, 2026, could bring big changes to how auto insurance rates are set. The proposed law aims to stop insurers from using common factors like credit scores, zip codes, and income to decide premiums. Assembly Bill A. 10524, introduced by Assembly Member Lunsford, seeks to overhaul

The recent conflict in the Middle East is causing concerns for insurance companies, especially those offering cyber insurance. S&P Global Ratings has pointed out that cyber attacks linked to the ongoing fighting are raising questions about how insurers handle risks tied to war and cyber threats. These attacks have already included things like distributed denial-of-service

Marsh Risk and specialty insurer Apollo have teamed up to launch a new insurance program for autonomous vehicles operating on Uber’s global ride-hailing and delivery platform. This marks the first time the sector has seen a dedicated insurance facility designed specifically to cover self-driving vehicles working with Uber. Called the Autonomous Vehicle Insurance Program, the

The head of Britain’s MI5 spy agency has raised concerns about the future risks of AI systems operating without human control. Ken McCallum spoke on Thursday about how artificial intelligence is already being used by security services, terrorists, and government actors, but warned that autonomous AI could one day pose a serious security threat. In

Resilience, a company that offers cyber risk solutions, has extended its technology errors and omissions (tech E&O) insurance to serve more businesses in the US, UK, and EU. The updated policy now covers clients with revenues over $25 million in the US, £50 million in the UK, and €25 million in the EU. This expansion

An Oregon bill aimed at lowering wildfire insurance rates by rewarding homeowners for taking safety measures has stalled in the state legislature. Despite support from both sides of the aisle, the proposed Senate Bill 1540 faced last-minute pushback from the insurance industry, ultimately preventing it from moving forward this session. The legislation, sponsored by Senator

Marsh McLennan, a major player in the insurance industry, has shared some eye-opening updates about the market and its own plans moving forward. John Doyle, the company’s president and CEO, highlighted a concerning gap: insurance prices are dropping, but the cost of risk keeps going up. This, he warns, isn’t a balance that can hold

Sacramento-based Inszone has joined forces with Charles James Cayias Insurance Inc., a family-run agency from Salt Lake City. This move strengthens Inszone’s presence in Utah, where it already operates offices in Orem and Provo. Charles James Cayias Insurance has been around since 1997, started by Charley James Cayias and his wife, Cyndia. Charley, who has

Homeowners who rent out their properties on platforms like Airbnb or Vrbo may face big problems with their insurance coverage. A new report from the Insurance Information Institute (Triple-I) warns that standard homeowners insurance often doesn’t cover the risks tied to short-term rentals. This leaves owners vulnerable if something goes wrong. The short-term rental market

The U.S. Chamber of Commerce has taken legal action against the Trump administration over a new $100,000 fee on H-1B visa applications. The lawsuit, filed in Washington, D.C., challenges the fee as illegal, saying it goes against federal immigration laws and makes it too expensive for many U.S. companies to hire skilled foreign workers. The

A Bermuda-based insurance company that covered several well-known New York hospitals has declared it can no longer pay its child sex abuse claims. Northeast Insurance Co. has told the Bermuda Supreme Court it is insolvent and asked a U.S. bankruptcy court in New York to recognize this move. Northeast stopped selling new insurance policies in

The J.M. Smucker Company has filed a lawsuit against Trader Joe’s, claiming the grocery chain’s new frozen peanut butter and jelly sandwiches look too much like Smucker’s popular Uncrustables. The legal action was taken in a federal court in Ohio this week. Smucker says Trader Joe’s sandwiches share key design features with Uncrustables, such as

RB Jones, a managing general underwriter within the H.W. Kaufman Group, has appointed Michael Hattaway as president to lead its underwriting operations. Hattaway will oversee the company’s marine, energy, property, and professional liability lines from New York City, reporting directly to H.W. Kaufman co-president Jodie Kaufman Davis. Hattaway brings nearly 20 years of experience in

Tensions are rising between the United States, Israel, and Iran, sparking worries about possible cyber attacks on Western businesses. Experts say the biggest threat might not come directly from Iran’s own hackers but from allied groups and hackers taking advantage of the situation. Matthieu Chan Tsin, a senior leader at cyber insurance provider Cowbell, explained

The executive lines insurance market for 2026 is starting off quiet, with plenty of capacity, strong competition, and mostly steady prices. But while things seem calm on the surface, some important challenges are beginning to emerge. Cyber attacks are becoming more frequent and costly again. New risks tied to artificial intelligence are popping up in

A federal appeals court has blocked the U.S. government from sending National Guard troops to Chicago to help respond to protests against President Donald Trump’s immigration policies. On Thursday, a three-judge panel from the 7th U.S. Circuit Court of Appeals upheld a temporary order issued on October 9 by U.S. District Judge April Perry, which

Meta Platforms Inc. is investing over $1.5 billion to build a massive new data center in El Paso, Texas, aimed at boosting its artificial intelligence work. The facility will eventually have a capacity of 1 gigawatt to power advanced AI computing chips. Meta plans to have the center up and running by 2028. This is

Energy Transfer LP has pushed back its final investment decision for the Lake Charles liquefied natural gas (LNG) export project in Louisiana to early 2026. This is a delay from their original plan to make the decision by the end of this year. Sources familiar with the matter said the company needs more time to

The ongoing conflict between the US and Iran is causing more than just physical damage—it’s creating a wave of insurance headaches linked to delays, cancellations, and rerouted journeys. This situation is hitting the marine and shipping sectors especially hard, as stuck ships and halted routes add layers of risk that insurers and brokers are watching

InsuranceFest is returning this July 16, bringing together specialty insurance professionals at Santa Monica Pier, California. The event promises to offer more meaningful connections and insightful discussions to help shape the future of specialty insurance. This year’s gathering features four dedicated zones, 50 discussion tables, and over 60 speakers. Attendees can expect to engage in

The ongoing conflict between the US and Iran has brought cyber risks back into the spotlight for insurers, brokers, and businesses around the world. While the fighting is far from many insured companies, the situation is raising new concerns about the chances of routine cyber weaknesses being found and exploited, potentially leading to insurance claims.

Up to 22 states across the central and southern U.S. are gearing up for a stretch of severe weather through the weekend. Meteorologists warn that thunderstorms, hail, and strong wind gusts could cause damage in many areas starting Thursday and lasting into Saturday. A weather front currently sitting over the Central and Southern Rockies will

Marsh McLennan reported a solid third quarter with revenues reaching $6.4 billion, up 11% from the same period last year. On an organic basis, which excludes effects from acquisitions and currency changes, revenue grew 4%, a slight slowdown from the 5% organic growth seen in the third quarter of 2024. John Doyle, the company’s president

Waymo, a leader in self-driving car technology, is expanding its reach beyond the United States as it steps up efforts to bring autonomous vehicles to more cities worldwide. After years of steady growth in the U.S., Waymo is now teaming up with ride-hailing services and fleet operators to speed up its rollout, even as Tesla

The insurance industry is moving more and more toward digital tools and virtual platforms. To keep up, companies are turning to smarter technology that makes their services faster and easier to use. Insurance Business is spotlighting the best companies in this space with its 5-Star Technology and Software Providers 2026 list. Professionals from around the

A new study challenges the idea that artificial intelligence (AI) reduces teamwork and social interaction at work. Instead, it shows that people who regularly use AI in their jobs are actually connecting more with their colleagues and spending less time working alone. The research comes from Gensler, which surveyed 16,400 office workers in 16 different

Chubb has been chosen as the main insurer in a new U.S. government-backed program aimed at keeping commercial shipping moving through the Strait of Hormuz, a crucial passage for global energy supplies. This move comes amid ongoing conflict in the region, which has made shipping through the strait risky and unstable. The initiative is managed