Insurance Journal

Climate Campaigners Take EU to Court Over 2030 Emissions-Cutting Rules

Environmental campaigners have taken the European Commission to court over its emissions rules for 2030, seeking a ruling from Europe’s second-highest court that would force the bloc to strengthen its climate policy, they said on Tuesday. In a...

Posted: Aug 27, 2024

Update: EU Faces 2 Lawsuits Over Emissions Rules, ‘Green’ Label for Planes

Environmental campaigners have taken the European Commission to court, seeking to force Brussels to upgrade its emissions rules for 2030 and, in a second case, scrap rules that label some planes as climate-friendly investments. In a case before the C...

Posted: Aug 27, 2024

Lowe’s Scraps Some DEI Policies as Activist Claims a New Win

Lowe’s Cos. is scaling back its diversity, equity and inclusion programs, the latest American company to end such initiatives following a series of activists attacks on firms that promote DEI. The home-improvement retailer will no longer partic...

Posted: Aug 27, 2024

UK Broker Clear Group Acquires R T Waters Ltd.

Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s presence in South East Englan...

Posted: Aug 27, 2024

Hone Weakens to Tropical Storm and Sweeps Past Hawaii, Dumping Enough Rain to Ease Wildfire Fears

Hone passed south of Hawaii and weakened from a hurricane to a tropical storm on Sunday, dumping so much rain that the National Weather Service called off its red flag warnings that strong winds could lead to wildfires on the …

Posted: Aug 27, 2024

Tropical Storm Hone Sweeps Past Hawaii; Rain Amounts Ease Wildfire Fears

Hone passed south of Hawaii and weakened from a hurricane to a tropical storm on Sunday, dumping so much rain that the National Weather Service called off its red flag warnings that strong winds could lead to wildfires on the …

Posted: Aug 27, 2024

Fanatics Refiles Suit Against Cardinals’ Marvin Harrison Jr., Adds Father and Fraud Allegations

Apparel manufacturer Fanatics has refiled its lawsuit against Arizona Cardinals rookie receiver Marvin Harrison Jr., adding his father, former NFL star Marvin Harrison Sr., and fraud allegations in addition to breach of contract. The lawsuit was orig...

Posted: Aug 27, 2024

Fanatics Refiles Suit Against Cardinals’ Marvin Harrison Jr., Adds Father

Apparel manufacturer Fanatics has refiled its lawsuit against Arizona Cardinals rookie receiver Marvin Harrison Jr., adding his father, former NFL star Marvin Harrison Sr., and fraud allegations in addition to breach of contract. The lawsuit was orig...

Posted: Aug 27, 2024

Storm Warnings Issued Across Southern Europe – From Italy to Serbia

Thunderstorm alerts are in place for a swath of Europe from the south of France to the Balkans. There are orange warnings for Lombardy, Piedmont, Tuscany and Umbria in Italy, as the summer heat gives way to violent storms. Serbia …

Posted: Aug 27, 2024

Connecticut Offers $5 Million in Grants to Help Small Businesses With Flood Recovery

Connecticut Gov. Ned Lamont announced that the state is launching a $5 million micro-grant program to assist small businesses in the western portion of the state rebuild and recover from the record rainfall and flooding the state received last week....

Posted: Aug 27, 2024

South Korea to Advance EV Battery Certification Scheme After Series of Fires

South Korea’s government and ruling party have agreed to move up an electric vehicle battery certification program, the party said on Sunday, as authorities seek to alleviate public safety concerns after a series of fires involving EVs. The gov...

Posted: Aug 27, 2024

Police Officer’s Family Sues Girlfriend Accused of His Death and Bars Who Served Her

Karen Read, whose recent high-profile trial for the death of a Boston police officer she was dating ended in a mistrial, is now facing a wrongful death suit brought by the late officer’s family that alleges she created a “false …

Posted: Aug 27, 2024

Police Officer’s Family Sues Girlfriend Accused of His Death and Bars That Served Her

Karen Read, whose recent high-profile trial for the death of a Boston police officer she was dating ended in a mistrial, is now facing a wrongful death suit brought by the late officer’s family that alleges she created a “false …

Posted: Aug 27, 2024

Aviation Regulators Press for Global Action to Reduce Injuries From Turbulence

Aviation officials from Asia are making a case for global action to reduce injuries from turbulence, with recent high-profile incidents driving calls to improve forecasting across borders at a Montreal gathering of regulators starting Monday. While t...

Posted: Aug 27, 2024

Telegram CEO Held Over Alleged Failure to Stop Crime on App

Pavel Durov, the chief executive officer of Telegram, has been detained in France over claims that the messaging service failed to properly fight crime on the app, including the spread of child sexual abuse material. The 39-year-old Russian-born bill...

Posted: Aug 27, 2024

How Can You Create a World-Class Producer Experience? It Starts with Tech, Transparency, and Trust

This post is part of a series sponsored by AgentSync. If insurance producers are the lifeblood of your business, you need to compete on producer experience, and win. One could argue the entire insurance industry is a web of interdependent …

Posted: Aug 27, 2024

Uber Hit by Record $324 Million Fine for Data Transfers to US

Uber Technologies Inc. was hit by a record €290 million ($324 million) fine by the Dutch privacy watchdog for failing to abide by European protection standards when it shipped swathes of sensitive data about its drivers to the US. The …

Posted: Aug 27, 2024

Kroger Case Tests FTC Chair’s Bid to Protect Workers

Federal Trade Commission Chair Lina Khan’s initiative to use antitrust laws to protect workers faces a key test starting Monday when the agency will argue the merger between grocery chain Kroger and its rival Albertsons would crush unionized wo...

Posted: Aug 27, 2024

What Policies Have Worked to Fight Climate Change? Answer: When the Polluter Pays.

To figure out what really works when nations try to fight climate change, researchers looked at 1,500 ways countries have tried to curb heat-trapping gases. Their answer: Not many have done the job. And success often means someone has to …

Posted: Aug 27, 2024

People Moves: Chaucer Hires Baker From AXA XL to Lead Political Violence Team; EagleView Hires Cooke...

Global specialty insurer Chaucer hired Alex Baker as class underwriter within its political violence and crisis management team. Baker will lead the delivery of their growth strategy and portfolio management in the US market. Baker previously worked...

Posted: Aug 27, 2024

North Carolina Supreme Court Says Speedway Can Sue Over COVID Closure

RALEIGH, N.C. (AP) — A North Carolina racetrack, shuttered briefly for defying state gathering limits during the pandemic, can sue the top health regulator on allegations that Gov. Roy Cooper’s administration violated the constitutional rights...

Posted: Aug 27, 2024

Wildfire Risk Harms California Home Values, San Francisco Fed Study Finds

California’s wildfires are weighing on home prices more than in the past, and insurance availability does little to help in areas considered to be at higher risk, according to a Federal Reserve Bank of San Francisco study. “Our results su...

Posted: Aug 27, 2024

Judge Narrows Star Russian Soprano’s Lawsuit Against Met Opera

Anna Netrebko’s lawsuit against the Metropolitan Opera was narrowed to gender discrimination claims by a federal judge, who agreed to dismiss the star soprano’s allegations of defamation, breach of contract and discrimination because of n...

Posted: Aug 27, 2024

How to Protect Your Fleet from Phishers Posing as the FMCSA

This post is part of a series sponsored by IAT Insurance Group. The Federal Motor Carrier Safety Administration (FMCSA) has issued a warning about a sophisticated phishing scam targeting motor carriers. Fraudulent emails, posing as official communica...

Posted: Aug 26, 2024

Smoke Plume Over Houston Fades After TPC Restores Power

Texas chemical producer TPC Group Inc. has restored normal operations at its facility that spewed thick, black smoke into the Houston sky for almost four hours Monday. The plant, which makes chemicals used to manufacture tires, lost power during a &#...

Posted: Aug 26, 2024