Insurance Journal
A massive Houston-area chemical fire that burned for three days in 2019 could have been prevented if proper procedures were in place at the chemical storage facility run by the Intercontinental Terminals Co., according to an investigation released Th...
Posted: Jul 10, 2023
Stephens Insurance Appoints Rich Krutsch as Senior Vice President, Employee Benefits Division Stephens Insurance, LLC, an affiliate of Stephens Inc., announced the hiring of Rich Krutsch as a senior vice president within the employee benefits divisio...
Posted: Jul 10, 2023
AUSTIN, TX, July 10, 2023 — The National Alliance for Insurance Education & Research proudly announces the prestigious recognition of their Awkward Insurance Podcast at the 65th Annual Insurance Marketing & Communications Association (IMCA) S...
Posted: Jul 10, 2023
Artificial Intelligence may be the key to more accurate and more timely hurricane predictions, China-based researchers have reported in the scientific journal Nature. In two papers in the journal, the researchers, including scientists affiliated with...
Posted: Jul 10, 2023
Bankrupt SVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion that the regulator seized while it took over Silicon Valley Bank in March, a filing in a bankruptcy court on Sunday showed. …
Posted: Jul 10, 2023
Six companies that make snacks with the active ingredient of cannabis have been sent cease and desist letters because the packaging looks too much like foods that kids love, including “Stoneos” that mimic Oreo cookies, the U.S. Federal Tr...
Posted: Jul 10, 2023
For decades, the whiskey and bourbon makers of Tennessee and Kentucky have been beloved in their communities. The distilleries where the liquor is manufactured and barrelhouses where it is aged have complemented the rural character of their neighborh...
Posted: Jul 10, 2023
Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest, it was announced. The money covers damage from the Rey ̷...
Posted: Jul 10, 2023
Five people are dead after a single-engine plane crashed in a South Carolina coastal resort town. Officials said the fiery wreck near a golf course in North Myrtle Beach on July 1 killed all four passengers and the pilot, The …
Posted: Jul 10, 2023
UniCredit said on Friday it was ending a non-life insurance venture with UnipolSAI as it strengthened its relationship with Germany’s Allianz, a top shareholder and insurance partner. UniCredit said it would buy the 51% stake the Italian insure...
Posted: Jul 10, 2023
Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against Meta Platforms and OpenAI for allegedly using their content without permission to train artificial intelligence language models. The proposed class action law...
Posted: Jul 10, 2023
The European Medicines Agency (EMA) is probing Novo Nordisk’s diabetes drug Ozempic and weight-loss treatment Saxenda after Iceland’s health regulator flagged three cases of patients on the drugs thinking about suicide or self-harm. Share...
Posted: Jul 10, 2023
Canadian energy firm Suncor Energy on Thursday [July 6] said that due to a cyber security incident on June 21, unauthorized party obtained Petro-Points members’ basic contact information. “Based on our investigation to date, we determined...
Posted: Jul 10, 2023
\National Grid agreed to pay $5.38 million to state and federal agencies to resolve claims over environmental damage caused by the defunct Gloucester Gas Light Company, officials said Friday. Hazardous chemicals released by the plant, which operated...
Posted: Jul 10, 2023
New York City and the eastern US braced Sunday for severe thunderstorms as a creeping weather front drags across the region and raises the risk of flooding from Vermont to North Carolina. The slow-moving line of showers was crossing the …
Posted: Jul 10, 2023
The European Central Bank’s cybersecurity stress test next year won’t have a direct impact on capital requirements, limiting the exercise’s potential repercussions for investor payouts. The test will be a learning experience for len...
Posted: Jul 10, 2023
More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10 billion in costs for 400 jets stuck in Russia, are urging the High Court to allow a reinsurance dispute to be …
Posted: Jul 10, 2023
Britain’s increasingly extreme weather is shaking the very foundations of its centuries-old history. The nation has been experiencing prolonged periods of drought after wet winters since last year. That’s causing the porous rock beneath v...
Posted: Jul 10, 2023
OMAHA, Neb. (AP) __ A second company involved in meat processing has agreed to reform its hiring practices after investigators recently discovered teenagers working there. The Labor Department said Friday that Monogram Foods will pay a more than $30,...
Posted: Jul 10, 2023
MINNEAPOLIS (July 5, 2023) — The Insurance Marketing and Communications Association (IMCA) announced the winners of the 65th Annual IMCA Showcase Awards at last month’s “Ignite” conference in Nashville, Tennessee. This year’s...
Posted: Jul 10, 2023
Siemens Energy’s management board has set up a task force to establish the scope of deepening problems at its crisis-ridden wind turbine division, including quality issues at its two most recent onshore platforms, two supervisory board sources...
Posted: Jul 10, 2023
Siemens Energy AG has established an internal taskforce and supervisory board committee after a string of quality problems with its wind turbines triggered a record share price drop, a person familiar with the matter said. The groups will add scrutin...
Posted: Jul 10, 2023
TOPEKA, Kan. (AP) – The Republican attorney general of Kansas sued Friday to block transgender residents from changing their sex on their driver`s licenses and to rebuke the Democratic governor for defying his interpretation of a new law. Attorney Ge...
Posted: Jul 10, 2023
Even though lead in drinking water damages children`s development, the Environmental Protection Agency has forced very few cities to replace their lead pipes. Consider Chicago, with more water pipes made out of lead than any U.S. city, some 400,000....
Posted: Jul 10, 2023
Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans’ jobs or rebel against us. But, in the world’s first human-robot press conference, they gave ...
Posted: Jul 10, 2023