News Archives - Insurance Journal

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9 06, 2025

Jury Awards California Prosecutor $3M After She Says She Was Forced From Position

By | June 9th, 2025|Uncategorized|Comments Off on Jury Awards California Prosecutor $3M After She Says She Was Forced From Position

A jury in California awarded more than $3 million in damages to a former Orange County prosecutor who alleged the county’s district attorney targeted her and forced her out of her position after she tried to protect women in the …

9 06, 2025

Companies Delay Impact Reports With DEI, ESG Under Attack

By | June 9th, 2025|Uncategorized|Comments Off on Companies Delay Impact Reports With DEI, ESG Under Attack

It was just over a year ago when Nike Inc.’s then-CEO, John Donahoe, trumpeted a flashy 90-second video, hyping a report about the company’s efforts to improve diversity and equality. The report, he said in a LinkedIn post, is “a …

9 06, 2025

A Deep Dive: Recommendations on Georgia’s Rising Premiums, Loss Ratios

By | June 9th, 2025|Uncategorized|Comments Off on A Deep Dive: Recommendations on Georgia’s Rising Premiums, Loss Ratios

Homeowners’ insurance premium in Georgia costs less than in other states. Neither affordability nor availability have been major concerns in a state with hundreds of licensed insurers. But things changed in 2023-2024 when Hurricanes Idalia, Helene, and Milton struck the …

9 06, 2025

US DOT Declares Fuel Economy Rules Exceeded Legal Authority

By | June 9th, 2025|Uncategorized|Comments Off on US DOT Declares Fuel Economy Rules Exceeded Legal Authority

The Transportation Department paved the way for looser U.S fuel economy standards on Friday by declaring that former President Joe Biden’s administration exceeded its authority by assuming high uptake of electric vehicles in calculating rules. The department made the declaration …

9 06, 2025

UK’s Visa Crackdown Leaves City of London Immigrants in Limbo

By | June 9th, 2025|Uncategorized|Comments Off on UK’s Visa Crackdown Leaves City of London Immigrants in Limbo

One banker in the City of London is faced with paying an extra £40,000 a year in university fees for his children. Nursing homes are worried about finding enough caretakers for residents. The insurance industry says overseas relocations have now …

9 06, 2025

Chinese Hackers, User Lapses Turn Smartphones Into a ‘Mobile Security Crisis’

By | June 9th, 2025|Uncategorized|Comments Off on Chinese Hackers, User Lapses Turn Smartphones Into a ‘Mobile Security Crisis’

Cybersecurity investigators noticed a highly unusual software crash — it was affecting a small number of smartphones belonging to people who worked in government, politics, tech and journalism. The crashes, which began late last year and carried into 2025, were …

9 06, 2025

Extreme Weather Is Stress-Testing India’s Infrastructure Drive

By | June 9th, 2025|Uncategorized|Comments Off on Extreme Weather Is Stress-Testing India’s Infrastructure Drive

Indian monsoons this year — the earliest onset since 2009 — damaged new public infrastructure across the country, putting pressure on Prime Minister Narendra Modi’s push for an infrastructure upgrade in the world’s fifth-largest economy. A recently inaugurated underground metro …

9 06, 2025

South African Insurers to Face Climate Stress Test, SARB Says

By | June 9th, 2025|Uncategorized|Comments Off on South African Insurers to Face Climate Stress Test, SARB Says

South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to anticipate threats that can do far-reaching economic harm. “This year we put out our first climate-risk scenario, common stress test, …

6 06, 2025

World’s Auto Supply Chain Is in Hands of a Few Chinese Bureaucrats

By | June 6th, 2025|Uncategorized|Comments Off on World’s Auto Supply Chain Is in Hands of a Few Chinese Bureaucrats

In a hulking grey building just east of Tiananmen square in Beijing, a small team in China’s Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time. China holds …

6 06, 2025

Russia’s Aeroflot to Settle Deals for Last 36 Planes Leased From West

By | June 6th, 2025|Uncategorized|Comments Off on Russia’s Aeroflot to Settle Deals for Last 36 Planes Leased From West

Russian flag carrier Aeroflot expects to sign settlement deals with Western insurers and leasing firms on the last 36 planes from a total of 228 aircraft it agreed to buy, Aeroflot head Sergei Aleksandrovski told Russian newspaper Kommersant. Aircraft leasing …