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FTC Probing OpenAI, Anthropic Over Product Safety Concerns

The Federal Trade Commission is scrutinizing OpenAI, Anthropic PBC and other artificial intelligence companies about the safety of their products amid high-profile cybersecurity incidents, according t

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #ftc #probing

Ohio Mutual Completes Merger of Idaho-Based Gem State

The merger of Idaho-based Gem State Insurance as a subsidiary under Ohio Mutual Insurance Group’s mutual holding company structure has been completed, effective Oct. 1, the company announced. Th

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #ohio #mutual

Southern California Utilities Prep Shutoffs as Fire Risk Surges

Thousands of homes and businesses in Southern California have been warned of the potential for power cuts in the coming days as a heat wave boosts wildfire risk throughout the region. With triple-digi

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #southern #california

US States Challenge Corteva Spinoff as Bid to Evade PFAS Liabilities

Fifteen US states sued agrichemicals company Corteva on Thursday, alleging that the spinoff of its seed and genetics business into Vylor was designed to shield the company’s best assets from ten

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #states #challenge

Wisconsin Workers’ Comp Rates Decrease for 11th Straight Year

Wisconsin workers’ compensation rates will decrease by approximately 2% over the coming year, making the 11th straight year the state has seen premiums decline. The rate decrease, which went int

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #wisconsin #workers

Florida Insurance Agent Pleads Guilty in $300,000 Premium Finance Scheme

A Florida insurance agent faces years in prison after he pleaded guilty to fraudulently arranging more than $300,000 in premium financing for fake companies, then diverting much of the money to his pe

πŸ“… 2026-10-02 | πŸ“° Insurance Journal
#insurance-news #florida #insurance

Steamship promotes Peter Jones to underwriting director in Singapore

Prior to joining the P&I club as an underwriting manager a year ago, he worked for Thomas Miller and UK P&I for over 16 years in total. The post Steamship promotes Peter Jones to underwritin

πŸ“… 2026-10-02 | πŸ“° Insurance Asia News
#insurance-news #steamship #promotes