Insurance Journal
In Japanese yen, the profit figure that Tokio Marine Holdings projects for 2024 is ¥1 trillion. While the forecast may seem less extraordinary in U.S. dollars of roughly $6.7 billion, either way it’s a 40% jump over 2023. Executives from …...
Posted: May 28, 2024
Approximately 10% of low-income and immigrant New Yorkers live in areas with basement apartments that are at high risk of flooding, according to a report released by the Federal Reserve Bank of New York. The report,”Flood Risk and Basement Hous...
Posted: May 28, 2024
Strong gales and heavy rain triggered by the first major cyclone of the year lashed the coastlines of India and Bangladesh on Monday, killing at least 16 people and cutting power to millions. The winds had not stopped as night …
Posted: May 28, 2024
Women make up a smaller proportion of top earners in British financial and professional services than before the COVID-19 pandemic, research from the London School of Economics and Political Science (LSE) showed on Monday. Women made up 19.4% of the...
Posted: May 28, 2024
Women make up a smaller proportion of top earners in British financial and professional services than before the COVID-19 pandemic, research from the London School of Economics and Political Science (LSE) showed on Monday. Women made up 19.4% of the...
Posted: May 28, 2024
A group of around 40 large European and American institutional investors on Tuesday urged companies to refrain from taking shareholders to court over disagreements relating to their proposals. The group, which represents $4.4 trillion in assets under...
Posted: May 28, 2024
ABN Amro Bank NV became the latest European lender to suffer a data breach through one of its suppliers as criminals seek to exploit weaker links adjacent to banking. The Dutch bank said in a statement Friday unauthorized parties may …
Posted: May 28, 2024
Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break up the two companies on Thursday. The first consumer class …
Posted: May 28, 2024
Long before generative AI’s boom, a Silicon Valley firm contracted to collect and analyze non-classified data on illicit Chinese fentanyl trafficking made a compelling case for its embrace by U.S. intelligence agencies. The operation’s re...
Posted: May 28, 2024
Moelis & Co. has been hired to review 777 Partners LLC’s portfolio of football teams, people with knowledge of the matter said, raising fresh questions about the future of one of the sport’s biggest multiclub owners. The investment ba...
Posted: May 28, 2024
Almost two decades after it was established by the Mississippi Legislature, a storm and flood-mitigation grant program now has some funding – $5 million to be transferred from the Mississippi Surplus Lines Association. “The Legislature didnR...
Posted: May 28, 2024
The National Highway Traffic Safety Administration said Friday it has learned of nine additional incidents that raise concerns about the performance of Alphabet’s Waymo self-driving vehicles. Earlier this month, the U.S. auto safety regulator o...
Posted: May 28, 2024
A Lynnwood, Washington, asbestos removal contractor is facing stiff fines for knowingly and repeatedly exposing employees and homeowners to extremely hazardous conditions. The Washington Department of Labor & Industries inspection of two Seattle...
Posted: May 28, 2024
Inszone Insurance Services acquired Nam International Insurance Services Inc. in Fremont, California. Nam was founded in March 2003 by Parvinder Janda to serve the insurance needs of individuals and businesses in the Fremont area. Sacramento, Califor...
Posted: May 28, 2024
This post is part of a series sponsored by AgentSync. In 2024, the Center for Medicare and Medicaid Services (CMS) introduced changes to the rules it sets for Medicare Supplement, Medicare Advantage, and Part D insurance carriers and agencies, and &#...
Posted: May 27, 2024
USTIN, Texas (AP) — Families in Uvalde took more legal action Friday on the second anniversary of the Robb Elementary School attack, suing Meta Platforms, which owns Instagram, and the maker of the video game Call of Duty over claims …
Posted: May 27, 2024
A Michigan dairy worker has been diagnosed with bird flu — the second human case associated with an outbreak in U.S. dairy cows. The male worker had been in contact with cows at a farm with infected animals. He experienced …
Posted: May 27, 2024
VALLEY VIEW, Texas (AP) — Powerful storms killed at least 15 people, injured hundreds and left a wide trail of destruction Sunday across Texas, Oklahoma and Arkansas after obliterating homes and destroying a truck stop where dozens sought shelter in...
Posted: May 27, 2024
The search for the gunman behind last October’s mass shooting in Maine was marked by “utter chaos,” including one group of deputies who had been drinking nearly crashing their armored vehicle and others showing up in civilian clothe...
Posted: May 27, 2024
The Occupational Safety and Health Administration (OSHA) has determined that a Massachusetts roofing contractor again violated federal regulations for fall protections, following an investigation into how an employee fell about 27 feet and was killed...
Posted: May 27, 2024
Heavy equipment company Caterpillar has agreed to pay $800,000 to resolve allegations of systemic hiring discrimination against Black applicants at an Illinois plant, the U.S. Labor Department said on Tuesday. The money will cover back wages and inte...
Posted: May 24, 2024
Data fraud, questionable accounting practices and intensified catastrophes are just some of the issues that have battered the voluntary carbon market. Those misfortunes have helped spur a new line of business: Insurance policies designed to de-risk c...
Posted: May 24, 2024
The California Senate approved a bipartisan package of 15 bills this that would increase penalties for organized crime rings, expand drug court programs and close a legal loophole to make it easier to prosecute auto thefts. One proposal would require...
Posted: May 24, 2024
Water is leaking into an underground nuclear waste facility in Germany creating fears about toxic contamination of groundwater and highlighting the legacy that the shuttered nuclear industry has left behind. The operator of the storage site says that...
Posted: May 24, 2024
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and the software developer Broker Insights. BHSI Names Riley to Lead Casualty Business in Canada as DeSouza Retires Berkshire Hathaway Sp...
Posted: May 24, 2024