Insurance Journal
One person was killed and a curfew was imposed after a powerful tornado tore through a community near the southern tip of Texas before dawn Saturday, damaging dozens of residences and knocking down power lines, authorities said. At least 10 …
Posted: May 15, 2023
A Montana judge said a climate change lawsuit from young people challenging the state’s pro-fossil fuel policies will proceed to trial despite efforts by the state to derail the case. The upcoming trial in Helena would be the first of …
Posted: May 15, 2023
A Montana judge said a climate change lawsuit from young people challenging the state’s pro-fossil fuel policies will proceed to trial despite efforts by the state to derail the case. The upcoming trial in Helena would be the first of …
Posted: May 15, 2023
Earthquakes have rattled a large area of Northern California this week, but only minor damage was immediately reported. A magnitude 5.5 quake centered in the Sierra Nevada’s Lake Almanor resort region struck at 4:19 p.m. Thursday and a magnitud...
Posted: May 15, 2023
U.S. lawmakers are grappling with what guardrails to put around burgeoning artificial intelligence, but months after ChatGPT got Washington’s attention, consensus is far from certain. Interviews with a U.S. senator, congressional staffers, AI c...
Posted: May 15, 2023
AXA, Europe’s second-biggest insurance company, posted a better-than-expected key capital buffer measure in the first quarter, reassuring investors on its capacity to generate cash as it navigates a higher interest rate environment. The group&#...
Posted: May 15, 2023
Alliant Insurance Services, one of the largest U.S. insurance brokerages, has named Gerry Armbruster vice president of its employee benefits group. Armbruster, based in Nashville, was previously an assistant vice president at a health care organizati...
Posted: May 15, 2023
McDonald’s and a franchise holder are at fault after a hot Chicken McNugget from a Happy Meal fell on a little girl’s leg and caused second-degree burns, a jury in South Florida found in a case reminiscent of the famous …
Posted: May 15, 2023
Texas Mutual Insurance Company announced it is awarding $1 million in grants to 10 colleges across Texas to fund workplace safety courses for business owners, employees and the general public. Texas Mutual began its commitment to supporting safety ed...
Posted: May 15, 2023
Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and banks with distributed denial-of-service attacks, ostensibly in response to the burning of a Koran in front of the Turkish...
Posted: May 15, 2023
The European Union is weighing a plan that would require cloud providers to store all of their data within the bloc in order to qualify for its highest cybersecurity certification. ENISA, the EU’s cybersecurity regulator, is drawing up the new,...
Posted: May 15, 2023
Texas Attorney General Ken announced a $1.4 million settlement in an environmental enforcement action against a Port Arthur refinery operated by TotalEnergies Petrochemicals & Refining USA, Inc. (“TotalEnergies”). The Port Arthur refi...
Posted: May 15, 2023
Cyclone Mocha made landfall on Sunday as Bangladesh and Myanmar evacuated hundreds of thousands of people on fears of widespread destruction to one of the most vulnerable areas in the region. The storm is set to cross the world’s biggest …...
Posted: May 15, 2023
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks. In a decision published Friday the judge threw ClientEarth’s suit out before a full hearing as there isn’t a clear case...
Posted: May 15, 2023
Hedge fund manager Dan Loeb said he’s no longer exploring an acquisition of specialist insurance underwriter SiriusPoint Ltd. Loeb held exploratory discussions with Bermuda-based SiriusPoint about a potential deal to take the company private, b...
Posted: May 15, 2023
The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the U.S. Transportation Department (USDOT), sources briefed on the matter said on Friday. The breach hit systems for processing T...
Posted: May 15, 2023
America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Producers are expected to harvest about 67% of their planted acres, the US Department …
Posted: May 15, 2023
America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Producers are expected to harvest about 67% of their planted acres, the US Department …
Posted: May 15, 2023
The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator’s request, documents r...
Posted: May 15, 2023
Editor’s note: The Florida Legislature’s 2023 regular session concluded May 5, but people in the property insurance industry continue to offer ideas for the state’s distressed market. Here’s one from independent adjuster Ben M...
Posted: May 15, 2023
A federal courthouse in Georgia was damaged when the driver of a tractor trailer fell asleep and the truck hit the building last week. The crash into the J. Roy Rowland Federal Courthouse in Dublin happened at about 12:30 a.m. …
Posted: May 15, 2023
A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request that millions of potentially dangerous air bag inflators be recalled. The National Highway Traffic Safety Administration is demanding th...
Posted: May 15, 2023
A laboratory error incorrectly caused a recall announcement for a brand of salad greens, the New Hampshire Department of Health and Human Services said. The products from lef Farms are safe and the recall has been canceled, the department said …...
Posted: May 15, 2023
A fire that killed a mother and two daughters in New York City was apparently sparked by homemade vape dispensers that the father of the family was assembling to sell, officials said. The fire broke out shortly after 2 a.m. …
Posted: May 15, 2023
A new report shows the number of independent medical reviews in California used to resolve medical disputes hit a record low in 2022 as prescription drug disputes continued to decline. The report from the California Workers’ Compensation Instit...
Posted: May 15, 2023