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News Archives - Insurance Journal

South Korean Police Probe Massive Data Leak at E-Commerce Giant Coupang
South Korean police said on Monday they were tracing IP addresses and looking into possible tech vulnerabilities at Coupang after the e-commerce giant suffered the country’s worst data breach in over a decade. Shares of the company fell 6.5% in …

POSTED DECEMBER 01, 2025 5:38 PM
Missouri AG Secures $60K Restitution Judgment in Roofing Fraud Case
Missouri Attorney General Catherine Hanaway announced last month that her office obtained a final consent judgment and permanent injunction against Xcel Roofing of Kansas City, LLC, and its owner, James Patrick Harding, for defrauding Greene County consumers out of thousands …

POSTED DECEMBER 01, 2025 5:26 PM
Third Russia-Linked Oil Tanker Suffers Explosions at Sea
An oil tanker carrying diesel suffered four external explosions near Dakar, Senegal, its manager said, the third vessel with links to Russia to have been struck over the last few days. Seawater entered the engine room of the Mersin, Besiktas …

POSTED DECEMBER 01, 2025 5:09 PM
Foundation Firmed: AM Best Switches View of US Homeowners Insurers to Stable
Insurers of U.S. homes have improved rate adequacy and catastrophe risk management, modified coverage, and benefitted from a softening reinsurance market to earn a change in AM Best’s outlook for the segment to stable from negative. A quiet hurricane season …

POSTED DECEMBER 01, 2025 5:07 PM
Shein Faces Texas Probe Over Alleged Violations of Labor Laws and Product Safety
Texas Attorney General Ken Paxton said the state is investigating global fast-fashion retailer Shein US Services LLC Corporation and its affiliates for potential violations of Texas law related to unethical labor practices and the sale of unsafe consumer products. Shein, …

POSTED DECEMBER 01, 2025 4:55 PM

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