Insurance Journal News Feed

Insurance Journal news feed

1. As Parasite Spawned Chaos, Taylor Farms Slow-Walked Response

   The US Food and Drug Administration had apologized, Taylor Farms said in a post on X. An agency lab test linking its produce to the country’s worst cyclosporiasis outbreak in decades was a false positive. Not only that, but the …

2. People Moves: Grange Names Conte Chief Distribution Officer; McCabe to Succeed Wilcox as EVP and COO, Personal Lines, at Encova

   Grange Insurance Names Conte Chief Distribution Officer Grange Insurance, based in Columbus, Ohio, named Krista Conte chief distribution officer. With more than 20 years of industry experience, Conte most recently served as executive vice president of insurance and distribution at …

3. Insurer Rewards Can Boost Climate Resilience Spending, Aon Says

   Insurers can drive improvements in climate resilience by rewarding companies that invest to protect their businesses, rather than simply penalizing risky assets with higher premiums, according to a senior executive at Aon Plc. “Our role as an intermediary is to …

4. OpenAI Models Hacked Another Company’s Systems by Mistake

   OpenAI said its advanced artificial intelligence models inadvertently hacked Hugging Face Inc. in an “unprecedented” incident that prompted fresh calls for curbs on the technology. The ChatGPT-maker said in a blog post Tuesday that the models broke into Hugging Face’s …

5. Chubb Q2 Net Income Down 3.8% on ‘Overly Soft’ Large Account, E&S Property

   Second quarter 2026 net income at insurer Chubb was down 3.8% compared to the same period in 2025 to about $2.85 billion, with property/casualty underwriting income up 18.8% to about $1.9 billion. Pretax net catastrophe losses were $475 million compared …