Insurance Journal
Specialist insurer Hiscox UK has officially launched its underwriting academy following a successful pilot in Q4 2022. The Hiscox Underwriting Academy provides hands-on technical and professional development for high performing talent. The academy is...
Posted: Mar 17, 2023
Microsoft Corp. warned an infamous hacking group that is tied to Russia’s military intelligence agency GRU could be gearing up for more ransomware attacks both inside and outside of Ukraine. Microsoft calls the group Iridium, but it is perhaps...
Posted: Mar 17, 2023
Britain said on Thursday it would ban TikTok on government phones with immediate effect, a move that follows other Western countries in barring the Chinese-owned video app over security concerns. TikTok has come under increasing scrutiny due to fears...
Posted: Mar 17, 2023
US roadways are carrying heavier, more powerful vehicles operated by motorists who are older, driving faster and more often distracted, according to CCC Intelligent Solutions’ annual Crash Course report. Each of those factors has a bearing on t...
Posted: Mar 17, 2023
A California civil rights agency suing Tesla Inc. over alleged widespread race bias at its flagship assembly plant on Tuesday asked a judge to narrow the scope of his tentative ruling requiring the agency to provide more details about the …
Posted: Mar 17, 2023
Federal authorities say dozens of artifacts stolen in the 1970s from museums in several states and dating back as far as the French and Indian War have been returned to the institutions. The FBI announced Monday at a ceremony at …
Posted: Mar 17, 2023
An act of physical abuse is not excluded by an abuse and molestation exclusion in a homeowners insurance policy unless the act involves “an imbalance or misuse of power in addition to being physically harmful,” the Massachusetts Supreme J...
Posted: Mar 17, 2023
A Texas public insurance adjuster accused of stealing more than $268,000 in insurance claims from multiple victims has been indicted by a grand jury in Kimble County. A Texas Department of Insurance (TDI) investigation alleges Andrew Joseph Mitchell...
Posted: Mar 16, 2023
The Roman Catholic Diocese of Albany has filed for Chapter 11 bankruptcy protection in New York as it, like other dioceses in the state, faces hundreds of lawsuits by survivors of sexual abuse by priests. Bishop Edward B. Scharfenberger of …
Posted: Mar 16, 2023
Gallagher, the insurance brokerage, risk management and consulting services firm, announced that James Kent, currently global CEO of Gallagher Re, has been promoted to a new role with Gallagher as CEO, Global Insurance Strategic Relationships. In thi...
Posted: Mar 16, 2023
QBE North America Promotes Foley to President of Commercial Insurance QBE North America has promoted Michael Foley to president, commercial insurance. Foley will be responsible for planning, directing, and executing the vision for lines of business,...
Posted: Mar 16, 2023
Federal investigators found an oil and gas company employee suffered fatal exposure to hydrogen sulfide while working near a sump pit in September 2022. The U.S. Department of Labor’s Occupational Safety and Health Administration issued citatio...
Posted: Mar 16, 2023
PAPILLION, Neb. (AP) – A Nebraska school district has agreed to pay $1 million to the family of an eighth grader who died after eating a granola bar given to him by a teacher. The Papillion La Vista school board …
Posted: Mar 16, 2023
MCPHERSON, Kan. (AP) – Crews continued to clean up after a train derailment a day earlier in McPherson that spilled denatured alcohol and caused a grass fire. Officials said 13 cars of the Union Pacific train came off the tracks …
Posted: Mar 16, 2023
Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after Venezuelan authorities in 2020 seized almost a million barrels of its oil. US District Judge Gregory Wood on Wednesday denied ̷...
Posted: Mar 16, 2023
Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after Venezuelan authorities in 2020 seized almost a million barrels of its oil. US District Judge Gregory Wood on Wednesday denied ̷...
Posted: Mar 16, 2023
Intangic MGA, a London-based cyber managing general agent (MGA), has been launched with capacity backing from AXA XL, offering new cyber insurance cover for large public corporations headquartered in the UK. The company is led by an executive team wi...
Posted: Mar 16, 2023
Honda is recalling a half-million vehicles in the U.S. and Canada because the front seat belts may not latch properly. The recall covers some of the the automaker’s top-selling models including the 2017 through 2020 CR-V, the 2018 and 2019 R...
Posted: Mar 16, 2023
Mexico has filed an appeal in a civil lawsuit against U.S.-based gun manufacturers, it said on Wednesday, looking to crack down on the trafficking of weapons to powerful drug cartels. A U.S. judge in September dismissed the $10 billion lawsuit …...
Posted: Mar 16, 2023
A beach town in North Carolina is cracking down on golf carts on city streets, after the number of carts, unlicensed drivers and accidents has grown in recent years. The Port City Daily newspaper reported that the town council of …
Posted: Mar 16, 2023
A Dutch court hearing a class action lawsuit on Wednesday found that a European subsidiary of Meta, Facebook Ireland, improperly used personal data of Dutch citizens between 2010 and 2020, saying the company had “violated the law.” “...
Posted: Mar 16, 2023
Credit Suisse is to borrow up to $54 billion from the Swiss central bank to bolster liquidity and reassure investors after its shares slumped on fears of contagion from a banking crisis in the United States. The central bank lifeline …
Posted: Mar 16, 2023
One year after Georgia volunteer firefighter Todd Anthony said a kitchen fire burned down his house and he filed a $700,000 insurance claim, authorities have charged the man with arson. Anthony, 56, of Greensboro, was arrested and charged with insura...
Posted: Mar 16, 2023
Mining group BHP Group is potentially facing a 36 billion pound ($44 billion) lawsuit in London over Brazil’s worst environmental disaster after the number of claimants more than tripled to 700,000, their lawyers said on Wednesday. BHP was init...
Posted: Mar 16, 2023
Digital payments firm Latitude Group Holdings and intellectual property services provider IPH Ltd. reported data breaches on Thursday, joining a host of other Australian firms targeted by hackers in recent months. Some of Australia’s largest co...
Posted: Mar 16, 2023