News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 5203 blog entries.
18 09, 2024

Amazon Drivers Join Teamsters in New York, Union Says

By | September 18th, 2024|Uncategorized|Comments Off on Amazon Drivers Join Teamsters in New York, Union Says

Hundreds of delivery drivers for e-commerce giant Amazon.com have joined the International Brotherhood of Teamsters, seeking improved wages, working conditions and safety standards, the labor union said on Monday. Workers across three Delivery Service Partners (DSP) in Queens, New York …

18 09, 2024

Oracle To Pay $115M To Settle Suit Over Tracking Consumer Data

By | September 18th, 2024|Uncategorized|Comments Off on Oracle To Pay $115M To Settle Suit Over Tracking Consumer Data

Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked consumer activity both on and offline. The suit alleges Oracle captured, compiled, and sold individuals’ data to third parties without their …

18 09, 2024

Wildfire Risk Upends California’s Cannabis Heartland as Insurance Vanishes

By | September 18th, 2024|Uncategorized|Comments Off on Wildfire Risk Upends California’s Cannabis Heartland as Insurance Vanishes

Hannah Whyte is one of thousands of Californians who have struggled to insure their property in the event of wildfire. Her 77-acre farm nestled deep in a wildfire-vulnerable forest lost its coverage from State Farm after the mountainous region burned …

18 09, 2024

Appeals Court Spikes Brett Favre’s Defamation Suit Against Shannon Sharpe

By | September 18th, 2024|Uncategorized|Comments Off on Appeals Court Spikes Brett Favre’s Defamation Suit Against Shannon Sharpe

NEW ORLEANS (AP) — A federal appeals court has refused Monday to revive a defamation lawsuit that former NFL quarterback Brett Favre filed against a fellow Pro Football Hall of Fame member — former tight end Shannon Sharpe. Favre filed …

18 09, 2024

Houston-Area Blaze Caused by SUV Accident, Officials Say

By | September 18th, 2024|Uncategorized|Comments Off on Houston-Area Blaze Caused by SUV Accident, Officials Say

A fire on an Energy Transfer LP natural gas liquids pipeline near Houston was caused by an SUV crashing through the fence of a Walmart store and into an above-ground valve to the line, local officials said. Preliminary reports indicate …

18 09, 2024

US Sues Ship Owner, Operator Over Baltimore Bridge Collapse

By | September 18th, 2024|Uncategorized|Comments Off on US Sues Ship Owner, Operator Over Baltimore Bridge Collapse

The US sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March, the most aggressive action to date in response to a disaster that killed six workers and threw the region’s transportation …

18 09, 2024

Wisconsin Food Processor Fined $161K for Exposing Workers to Dangers

By | September 18th, 2024|Uncategorized|Comments Off on Wisconsin Food Processor Fined $161K for Exposing Workers to Dangers

A Wisconsin animal food producer exposed employees to the risks of explosions, fires and long-term respiratory illnesses from excessive amounts of airborne dust, federal workplace inspectors found. The findings follow an inspection by the U.S. Department of Labor’s Occupational Safety …

18 09, 2024

Federal Judge in N.D. Temporarily Blocks Biden Administration Rule on Natural Gas Flaring

By | September 18th, 2024|Uncategorized|Comments Off on Federal Judge in N.D. Temporarily Blocks Biden Administration Rule on Natural Gas Flaring

BISMARCK, N.D. (AP) — A federal judge in North Dakota has temporarily blocked a new Biden administration rule aimed at reducing the venting and flaring of natural gas at oil wells. “At this preliminary stage, the plaintiffs have shown they …

18 09, 2024

AM Best Downgrades Credit Ratings of Texas Farm Bureau Casualty Insurance Co.

By | September 18th, 2024|Uncategorized|Comments Off on AM Best Downgrades Credit Ratings of Texas Farm Bureau Casualty Insurance Co.

AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas Farm Bureau Casualty Insurance Company and its affiliates, Farm …

18 09, 2024

Moody’s: Private Market Insured Losses From Francine to Not Exceed $2B

By | September 18th, 2024|Uncategorized|Comments Off on Moody’s: Private Market Insured Losses From Francine to Not Exceed $2B

U.S. private market insured losses from Hurricane Francine are estimated to not exceed $2 billion, Moody’s RMS Event Response team said. Losses to the National Flood Insurance Program from the hurricane are estimated to be less than $200 million, the …