Insurance Journal
Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants. The agreement, disclosed in a Delaware court filing last week, resol...
Posted: Jun 06, 2025
On Jan. 5, 2025, at about 2:35 in the afternoon, the first severe hailstorm of the season dropped quarter-size hail in Chatham, Mississippi. According to the federal storm events database, there were no injuries, but it caused $10,000 in property ...
Posted: Jun 06, 2025
R & G Endeavors, Inc., a fast-food franchisee doing business as Culver’s Restaurants of Cottage Grove, will pay $261,000 and furnish other relief to settle two cases brought by the U.S. Equal Employment Opportunity Commission (EEOC), one in...
Posted: Jun 06, 2025
Need a bit more time to enter? Good news – the extended deadline to submit for Insurance Journal’s Top 100 Agencies and Top Agency Partnerships ranking is now June 10! We hope that you will consider entering your firm for …
Posted: Jun 06, 2025
A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While AESC didn’t specify what those problems are, South Caroli...
Posted: Jun 06, 2025
Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster. The world’s largest retailer will start offering drone service at 100 stores across Charlotte, North Carolina; Tampa, ...
Posted: Jun 06, 2025
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest Insurance Company (Springfield...
Posted: Jun 06, 2025
The U.S. Supreme Court made it easier on Thursday for people from majority backgrounds such as white or straight individuals to pursue claims alleging workplace “reverse” discrimination, reviving an Ohio woman’s lawsuit claiming she...
Posted: Jun 06, 2025
Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp. kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected to give evidence next...
Posted: Jun 06, 2025
New Zealand Rugby agreed a sponsorship deal with Gallagher insurance that will give the US-based insurance brokerage naming rights on the playing kit of the All Blacks rugby team. Gallagher’s brand will appear on training and match-day shorts o...
Posted: Jun 06, 2025
Significant cyber incidents have tripled in two years in Canada, driven by technological, socioeconomic and geopolitical factors such as the war in Ukraine, according to research from commercial insurer QBE. Disruptive, globally significant and succe...
Posted: Jun 06, 2025
A group of seven Democratic senators on Thursday introduced sweeping air safety legislation after a fatal collision between an Army helicopter and an American Airlines regional jet in January near Reagan Washington National Airport killed 67 people....
Posted: Jun 06, 2025
While images of wildfires capture their ferocity, data can provide insight into how bad a fire season is. Such is the case with two graphics, powered by satellite data, that showcase a Canadian wildfire season off to a wild — …
Posted: Jun 06, 2025
State, city and U.S. Coast Guard crews of more than 100 people worked overnight to contain and clean up a 2,000-gallon diesel fuel spill in Baltimore’s harbor. On Wednesday at 11 a.m., first responders received what Johns Hopkins Hospital belie...
Posted: Jun 06, 2025
Russian flag carrier Aeroflot expects to sign settlement deals with Western insurers and leasing firms on the last 36 planes from a total of 228 aircraft it agreed to buy, Aeroflot head Sergei Aleksandrovski told Russian newspaper Kommersant. Aircraf...
Posted: Jun 06, 2025
In a hulking grey building just east of Tiananmen square in Beijing, a small team in China’s Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time. China holds …
Posted: Jun 06, 2025
Before becoming a parent, I thought I could plan for everything. There are books, blogs and apps galore. My prediction was that I could stay ahead of the chaos if I studied, prepared enough and followed the proper steps. Then …
Posted: Jun 06, 2025
Reddit Inc. sued artificial intelligence firm Anthropic, saying it has used the social media company’s content without permission to train its AI models. The lawsuit, which was filed Wednesday in San Francisco Superior Court, alleges that Anthr...
Posted: Jun 06, 2025
The U.S. Supreme Court on Thursday spared two American gun companies from a lawsuit by Mexico’s government accusing them of aiding illegal firearms trafficking to drug cartels and fueling gun violence in the southern neighbor of the United Stat...
Posted: Jun 06, 2025
South Florida residents will likely remember Aaron Hirschhorn, the successful Miami entrepreneur who launched a dog-sitting service then won a big investment for a stem-cell therapy for dogs when he appeared on the “Shark Tank” TV show in...
Posted: Jun 06, 2025
For residents of this quaint tourist town on the northern edge of Napa Valley, the threat of wildfire is seldom out of mind. The hillside bears burn scars from a 2020 fire that forced all of Calistoga to evacuate, and …
Posted: Jun 06, 2025
For residents of this quaint tourist town on the northern edge of Napa Valley, the threat of wildfire is seldom out of mind. The hillside bears burn scars from a 2020 fire that forced all of Calistoga to evacuate, and …
Posted: Jun 06, 2025
Los Angeles County agreed to pay $2.7 million to a teenager who was attacked by at least six other young people at a juvenile detention center in so-called “gladiator fights” that were allegedly facilitated by probation officers. The boy&...
Posted: Jun 06, 2025
A group of four men broke into a historic New York lighthouse along the Hudson River, set a fire and vandalized the interior, destroying valuable antiques, furniture and other items. The Tarrytown Lighthouse in Sleepy Hollow, built in 1883 and …...
Posted: Jun 06, 2025
One of the things I love about the insurance business is that anyone—regardless of where they start—can build a meaningful, lifelong career. I am proof of that. In our industry, your ability to reach your potential is a function of …
Posted: Jun 06, 2025