Iowa Postal Worker Shot Two Co-Workers at Post Office, Police Say
A female postal worker shot two female co-workers at the main post office in Iowa’s capital city Thursday before being captured nearby and faces attempted murder charges, authorities said. Jennifer Christine Pledger, 39, of West Des Moines, stood above one …
SpaceXAI Started Data Center Build Without Water Permits, Mississippi Says
Mississippi’s environmental regulators released details this week on a set of penalties against SpaceXAI for violating state water pollution laws by starting construction on its Southaven data center facilities without needed permits. The company first announced the potential fines to …
COP31 Summit Leaders Urge Crisis-Wracked World to Move Faster on Climate
Leaders of COP31 urged the world to accelerate the fight against global warming as they began their annual UN climate conference in Turkey on Monday against a backdrop of rising temperatures and worsening climate-driven disasters. Kicking off two weeks of …
Binance’s CFO Leaves Company in Wake of $6 Billion Crypto Heist
Kaiser Ng, the chief financial officer at Binance Holdings Ltd., the world’s largest crypto exchange, is leaving, the company announced just days after hackers stole more than $6 billion in cryptocurrency from the platform. “Kaiser Ng has decided to pursue …
AI Backlash Spreads Across Europe With Data Center Protests
Protests against data centers continued across Europe on Saturday as citizens took to the streets to voice their concerns about the impact on society and the environment. Some 2,000 people marched in Dublin, according to broadcaster RTE, and about 1,300 …
GM Insurance to Enter Maryland Auto Market
GM Insurance announced it is expanding its auto insurance offering to Maryland, which will be its 21st state. General Motors Insurance is available for Chevrolet, Buick, GMC and Cadillac vehicles., GM promises that its coverage can save safe drivers money …
Newsroom Bomb Threats Follow Escalating European Flight Hoaxes
Newsrooms in Ireland and Bulgaria received emailed bomb threats on Friday from a purported “Mikhail Andropov,” claiming responsibility for a widening wave of hoax threats disrupting passenger flights across Europe. The messages, sent to Bulgaria’s Nova TV and the Irish …
Oil Falls as Trump Signals Restraint on Iran Despite Fresh Shipping Attacks
Oil prices fell on Monday after US President Donald Trump downplayed the likelihood of renewed strikes on Iran, though attacks on ships near the Strait of Hormuz kept supply concerns in focus. Brent crude LCOc1 dropped by 75 cents, or …
Home-Renovation Expense Keeps Rising as Companies Pass on Costs
Households squeezed by high grocery and gas prices are facing another hit: rising costs for home repairs and upgrades. The cost of repairing or remodeling a home has risen steadily through October, with higher oil and energy prices, along with …
Berkshire Hathaway Boosts Buybacks as Operating Income Slips
Berkshire Hathaway Inc. spent about $9.6 billion to buy back its own shares in the third quarter, a sign the company’s executives viewed the stock as undervalued. But declining insurance underwriting weighed on its operating earnings in a mixed quarter …
Not in a FEMA Flood Zone? Your Home Could Still Be at Risk
If your home isn’t in a federally designated flood zone, flooding might seem like someone else’s problem. No one requires you to buy flood insurance, and the map suggests you’re in the clear. But reality may be very different. Mounting …
Manufacturers Hammer IBHS Over 15-Year Roof Age Limit for Fortified Designation
Asphalt-roofing manufacturers have come out swinging against a new Insurance Institute for Business and Home Safety standard that limits the coveted “Fortified” designation to roofs younger than 15 years. The manufacturers’ response could lend new fuel to the debate over …
Row House Fire in Brooklyn Kills 6 People and Injures 9
A fire barreled through a multifamily row house in New York early Thursday, killing six people and injuring nine others, including some firefighters and police officers, the city’s fire department said. More than 200 first responders descended on the two-story …
Employers, Watchmen at California Ports Extend Contract Talks
The Los Angeles and Long Beach seaports employer group and the International Longshore and Warehouse Union Local 26 extended their bargaining deadline through November 20, averting a potential strike by about 2% of workers at the busiest US container port …
Register: Risky Future AI Tools for MGAs ‘Demo Day’ on November 10
Insurance Journal’s Risky Future series is hosting the winter edition of “AI Tools for MGAs” Winter Edition Demo Day, a series of free AI tool demonstrations designed exclusively for managing general agencies, wholesalers, program administrators, and specialty carriers. In partnership …
J. Edward Knight Insurance Acquires Maine Agency’s P/C Business
Maine independent agency J. Edward Knight Insurance has agreed to acquire the property/casualty book of business from another Maine agency, Atlantic Insurance & Benefits. The change will officially go into effect on January 1, 2027. Terms were not disclosed. According …
Kim Declares Victory in California Insurance Commissioner Race
Jane Kim claimed victory over fellow Democrat Ben Allen on Friday in the race for California insurance commissioner. Kim was up by more than 400,000 votes as of Friday afternoon. As of the morning of Nov. 4, 99.8% of precincts …
Some 40% of US Planned Data Center Capacity Is in States Wanting to Hit Pause
Data center opposition had been building across the country, one moratorium or blocked project at a time. Then, virtually overnight, the midterm election tilted a broad swath of the regulatory map against the AI buildout. Newly elected governors in Ohio, …
AM Best Upgrades Credit Ratings of Illinois Casualty and Lebanon Valley
AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a” (Excellent) from “a-” (Excellent) of Illinois Casualty Company (ICC) and Lebanon Valley Insurance Company (LV). …
Flooding Inundates North Georgia but Few Had Flood Coverage, Agents Say
Insurance agents in north Georgia are reporting widespread damage after record flooding hit the area Thursday, Nov. 5. “It’s devastating. I have cried and prayed and cried and prayed,” said an agent who answered the phone at Appalachian Insurance Services …

