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News Archives - Insurance Journal

Insurer Interest in AI Exclusions Growing as Risk Becomes Omnipresent
It’s no surprise given the penetration of artificial intelligence into lives and businesses that it appears insurers are gearing up to exclude AI risk in some of their commercial liability policies. Three ISO exclusions have garnered more interest from carriers, …

POSTED JULY 22, 2026 5:36 AM
Judge Approves Anthropic’s $1.5 Billion Settlement of Copyright Lawsuit
A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic’s landmark $1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its …

POSTED JULY 22, 2026 5:29 AM
Heat Morphs Into a Major Economic Shock for an Unprepared Europe
Europe’s status as the planet’s fastest-warming continent is becoming a serious drag on its economic prospects. The region, where temperatures are rising at a pace that’s roughly twice the global average, can no longer afford to ignore the economic impact …

POSTED JULY 22, 2026 5:10 AM
Amgen Settles Shareholder Lawsuit Claiming it Hid $10.7 Billion Tax Bill
Amgen reached a $74 million settlement of a lawsuit accusing the biotechnology company of waiting too long to disclose that it might owe the Internal Revenue Service $10.7 billion for underreporting six years of taxes. A preliminary settlement of the …

POSTED JULY 22, 2026 5:04 AM
Kentucky DOI Set to Lower Exam Score Requirements if Agent Has Sponsor
Applicants hoping to become insurance agents in Georgia may soon be able to start work even if they don’t ace the license exam. The state Office of Commissioner of Insurance will hold a hearing next week on proposed changes to …

POSTED JULY 22, 2026 5:02 AM
WVU Health Leadership Failed to Address Painkiller Thefts as Opioids Spread
WVU Health Systems knew for years that employees were stealing highly addictive drugs. A federal settlement shows the medical system didn’t take enough steps to report and stop the problem. Between 2017 and 2024, drugs were disappearing inside the WVU …

POSTED JULY 22, 2026 5:02 AM
Trump Administration Investigating Harvard’s Financial Aid for International Students
The Justice Department is investigating whether Harvard University is allowing Chinese donors to create scholarships that exclude American students, adding to the barrage of federal inquiries the Trump administration has opened in its battle against the Ivy League school. Justice …

POSTED JULY 22, 2026 5:00 AM
Hybrids Boom as EVs Fall Out of Favor Even in California
In America’s EV stronghold, another type of vehicle is rapidly gaining ground. Hybrids accounted for almost one in every four automobiles registered in California in the second quarter, according to newly released data from the California New Car Dealers Association. …

POSTED JULY 22, 2026 5:00 AM
Report: Arizona Vehicle Thefts Continued to Decline in First Half of Year
Arizona vehicle thefts continued to fall in the first half of 2026, down 24% in year-to-year thefts compared with the first half of 2025, the Arizona Automobile Theft Authority reported. AATA reported that for the first six months of 2026, …

POSTED JULY 22, 2026 5:00 AM
Gallagher’s RPS Acquires W.N. Tuscano Agency , a Pennsylvania MGA
Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Greensburg, Pennsylvania-based W.N. Tuscano Agency, Inc. Tuscano is a managing general agency (MGA) and wholesale insurance broker …

POSTED JULY 22, 2026 5:00 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does 5 Star Insurance Agency confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

 
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