News Archives - Insurance Journal

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13 09, 2022

U.S. Seeks to Restore Safety Rules Sparked by Gulf Oil Spill

By | September 13th, 2022|Uncategorized|Comments Off on U.S. Seeks to Restore Safety Rules Sparked by Gulf Oil Spill

The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect workers and the environment. The proposal aims to restore safety provisions put in place by the Obama administration in 2016 …

13 09, 2022

Climate Change is Overwhelming U.S. Flood Maps, FEMA Says

By | September 13th, 2022|Uncategorized|Comments Off on Climate Change is Overwhelming U.S. Flood Maps, FEMA Says

Flood maps used by the Federal Emergency Management Agency are out of date and understate the risks to homes and businesses from flooding and extreme rain triggered by climate change, FEMA Director Deanne Criswell said. Those risks are in focus …

13 09, 2022

Bezos’ Blue Origin Suffers Rocket Failure During Uncrewed Mission

By | September 13th, 2022|Uncategorized|Comments Off on Bezos’ Blue Origin Suffers Rocket Failure During Uncrewed Mission

A rocket from Jeff Bezos’ space company Blue Origin failed mid-flight shortly after liftoff on Monday, aborting its cargo capsule to safety before crashing into the Texas desert, according to the company and a live video stream of the mission. …

13 09, 2022

Parties Scrapped, Bells Toll as UK Financial Services Sector Pays Respect to the Queen

By | September 13th, 2022|Uncategorized|Comments Off on Parties Scrapped, Bells Toll as UK Financial Services Sector Pays Respect to the Queen

Britain’s financial industry is dialing down activities in the run-up to the funeral of Queen Elizabeth next Monday, canceling events and paring business, as a nation in mourning prepares to bid farewell to Britain’s longest-serving monarch. Post-summer parties have been …

13 09, 2022

Georgia Shrimpers, Businesses File Suit Over Capsized Cargo Ship Pollution

By | September 13th, 2022|Uncategorized|Comments Off on Georgia Shrimpers, Businesses File Suit Over Capsized Cargo Ship Pollution

Fishermen, shrimpers and business owners dependent on coastal tourism have filed lawsuits over pollution caused when a cargo ship capsized off the Georgia coast in 2019. The two federal lawsuits filed last week in Georgia say the pollutants released by …

13 09, 2022

Retirees Who Invested in Lindberg Firms Wonder if They’ll Ever See Their Money

By | September 13th, 2022|Uncategorized|Comments Off on Retirees Who Invested in Lindberg Firms Wonder if They’ll Ever See Their Money

A legal fight between indicted billionaire Greg Lindberg’s insurance companies and the state insurance commissioner is now in its fourth year, as the two sides battle over $1.2 billion and allegations of bribery and fraud. WRAL.com, part of a Raleigh, …

13 09, 2022

Restaurants Working to Halt New California Fast Food Worker Law

By | September 13th, 2022|Uncategorized|Comments Off on Restaurants Working to Halt New California Fast Food Worker Law

Restaurant owners moved recently to at least temporarily block a nation-leading new California law giving more power to fast food workers. The owners want the state’s voters to ultimately decide the law’s fate. A coalition calling itself Protect Neighborhood Restaurants …

26 09, 2022

California Commissioner Orders Another Moratorium on Insurance Cancellations

By | September 26th, 2022|Uncategorized|Comments Off on California Commissioner Orders Another Moratorium on Insurance Cancellations

California Insurance Commissioner Ricardo Lara on Monday ordered insurers to preserve residential insurance coverage following Gov. Gavin Newsom’s latest emergency declarations. The commissioner’s order shields policyholders within the wildfire perimeter or in adjacent ZIP codes of the Mountain, Barnes, and …

13 09, 2022

Google Faces Damages Claims of $25.4B in UK, Dutch Courts Over Adtech Practices

By | September 13th, 2022|Uncategorized|Comments Off on Google Faces Damages Claims of $25.4B in UK, Dutch Courts Over Adtech Practices

Alphabet unit Google will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on …

13 09, 2022

Lender, Builder to Settle Wetlands Lawsuit over St. Simons Island in Georgia

By | September 13th, 2022|Uncategorized|Comments Off on Lender, Builder to Settle Wetlands Lawsuit over St. Simons Island in Georgia

A construction company and mortgage lender accused of damaging wetlands on a famous Georgia island have agreed to settle a federal lawsuit brought by landowners. The site of the controversy is on picturesque St. Simon’s Island, which gained attention when …