News Archives - Insurance Journal

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21 10, 2024

Texas Reaches $3.5M Settlement With Marriott Over Customer Data Breach

By | October 21st, 2024|Uncategorized|Comments Off on Texas Reaches $3.5M Settlement With Marriott Over Customer Data Breach

Texas Attorney General Ken Paxton announced the state has secured a settlement with Marriott International, Inc., that resolves an investigation into a breach of one of the company’s reservation databases. The breach exposed 131 million guest records pertaining to customers …

21 10, 2024

Cuba Hit by Tropical Storm Oscar as It Struggles to End Blackout

By | October 21st, 2024|Uncategorized|Comments Off on Cuba Hit by Tropical Storm Oscar as It Struggles to End Blackout

Cuba was dealing with heavy rains and winds today from Tropical Storm Oscar, even as it continues to deal with a prolonged blackout affecting a large swath of the island. According to the U.S. National Hurricane Center, Oscar made landfall …

21 10, 2024

People Moves: Applied Underwriters Aerospace Names Parker Chairman

By | October 21st, 2024|Uncategorized|Comments Off on People Moves: Applied Underwriters Aerospace Names Parker Chairman

Applied Underwriters Aerospace, headquartered in Atlanta, has named Richard Parker as chairman of the Washington, D.C.-based group. Parker has over 35 years of experience in space insurance, satellite engineering and satellite and launch vehicle procurement. Before joining Applied Underwriters, he …

21 10, 2024

Former Iowa Insurance Producer Sentenced for Wire Fraud and Money Laundering

By | October 21st, 2024|Uncategorized|Comments Off on Former Iowa Insurance Producer Sentenced for Wire Fraud and Money Laundering

William Berg, an insurance producer and former financial advisor from Waukee, Iowa, was sentenced to nine years in prison on Friday after pleading guilty in federal court to wire fraud and money laundering charges. In addition to his prison sentence, …

22 10, 2024

Mining Dam Disaster Deal Should Curb Lawsuits Against Vale and BHP, Sources Say

By | October 22nd, 2024|Uncategorized|Comments Off on Mining Dam Disaster Deal Should Curb Lawsuits Against Vale and BHP, Sources Say

An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits against the mining companies in the South …

22 10, 2024

Town’s Highway Supervisor Not Exempt From Liability for Crash

By | October 22nd, 2024|Uncategorized|Comments Off on Town’s Highway Supervisor Not Exempt From Liability for Crash

A New York town’s highway superintendent is not protected from liability for a collision with another vehicle because he was not actually engaged in work on a highway at the time of the accident, New York’s highest court recently ruled, …

21 10, 2024

Midwest Chicken Farmers Struggle to Feed Flocks After Closure of Producer

By | October 21st, 2024|Uncategorized|Comments Off on Midwest Chicken Farmers Struggle to Feed Flocks After Closure of Producer

Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan. Pure Prairie Poultry shuttered its Charles City, Iowa, …

22 10, 2024

California Department of Workers’ Comp Announces Temporary Total Disability Rates for 2025

By | October 22nd, 2024|Uncategorized|Comments Off on California Department of Workers’ Comp Announces Temporary Total Disability Rates for 2025

California’s 2025 minimum and maximum temporary total disability rates will increase on Jan. 1, 2025, the Division of Workers’ Compensation announced. The minimum TTD rate will increase from $242.86 to $252.03, and the maximum TTD rate will increase from $1,619.15 …

22 10, 2024

Manhattan’s The Vessel, Closed After Suicides, Reopens With New Safety Features

By | October 22nd, 2024|Uncategorized|Comments Off on Manhattan’s The Vessel, Closed After Suicides, Reopens With New Safety Features

The Vessel, a towering, honeycomb-like sculpture in Manhattan that was popular with tourists before a series of suicides forced its closure in 2021, will reopen Monday with new safety features. The 150-foot (46-meter) structure opened in 2019 as the centerpiece …

21 10, 2024

Train Derails in South Louisiana, Causing Chemical Leak

By | October 21st, 2024|Uncategorized|Comments Off on Train Derails in South Louisiana, Causing Chemical Leak

DONALDSONVILLE, La. (AP) — Seventeen cars of a train derailed in south Louisiana on Friday, and several leaked a chemical used to sanitize swimming pools, but authorities said it was not a threat to the public. It was not immediately …