News Archives - Insurance Journal

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15 11, 2024

Iowa Pizza Restaurant to Pay $99K Over Child Labor Law Violations

By | November 15th, 2024|Uncategorized|Comments Off on Iowa Pizza Restaurant to Pay $99K Over Child Labor Law Violations

An Iowa pizza restaurant has agreed to pay $99,000 in fines after a Department of Labor investigation found the business assigned teenage employees to dangerous duties. Investigators found Pizza Parlor and owner Michelle Drougas illegally employed 11 children. Six children …

15 11, 2024

Skyward Specialty Launches Life Sciences Liability Coverage

By | November 15th, 2024|Uncategorized|Comments Off on Skyward Specialty Launches Life Sciences Liability Coverage

Houston-baed Skyward Specialty Insurance Group announced the launch of its new life sciences liability coverage. The strategic addition to the Company’s healthcare solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the needs of the life sciences …

15 11, 2024

Oklahoma Insurance Commissioner Issues Bulletin on Use of AI

By | November 15th, 2024|Uncategorized|Comments Off on Oklahoma Insurance Commissioner Issues Bulletin on Use of AI

Oklahoma Insurance Commissioner Glen Mulready issued a bulletin providing insurers with regulatory guidance on the use of artificial intelligence. The bulletin, which was adopted by the National Association of Insurance Commissioners (NAIC), outlines expectations on the ethical use of AI. …

15 11, 2024

What’s Behind New York Fires? Climate Change, Land Use and History

By | November 15th, 2024|Uncategorized|Comments Off on What’s Behind New York Fires? Climate Change, Land Use and History

Wildfires that are raging across New York and New Jersey highlight a new threat to one of the world’s most affluent regions. Climate change is regarded by scientists as the pre-eminent factor driving long-term changes in weather, and the New …

15 11, 2024

FTC’s Holyoak Concerned AI Collecting Children’s Data

By | November 15th, 2024|Uncategorized|Comments Off on FTC’s Holyoak Concerned AI Collecting Children’s Data

U.S. Federal Trade Commissioner Melissa Holyoak said on Thursday the agency should look into how artificial-intelligence products use the data they gather from younger users, amid privacy and safety concerns. Holyoak, one of two Republicans on the commission who could …

15 11, 2024

Crisis-Era Regulation Has ‘Gone Too Far,’ Reeves Tells Finance Sector

By | November 15th, 2024|Uncategorized|Comments Off on Crisis-Era Regulation Has ‘Gone Too Far,’ Reeves Tells Finance Sector

Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain’s “crown jewel” financial industry which she said has shackled the City’s global prospects since the global financial crisis and stifled UK economic growth. According to extracts from …

15 11, 2024

Tropical Storm Sara Menaces Honduras With Catastrophic Floods

By | November 15th, 2024|Uncategorized|Comments Off on Tropical Storm Sara Menaces Honduras With Catastrophic Floods

Tropical Storm Sara has formed off the coast of Honduras, threatening to unleash catastrophic flooding and landslides across Central America. Sara, the Atlantic’s 18th named storm this season, had top winds of 40 miles (64 kilometers) per hour and was …

15 11, 2024

Kentucky Factory Neighbors Cite Years of Odors Before Deadly Explosion

By | November 15th, 2024|Uncategorized|Comments Off on Kentucky Factory Neighbors Cite Years of Odors Before Deadly Explosion

For years, neighbors who lived near a factory in Louisville, Kentucky, complained amongst themselves and to local officials about a variety of strange smells coming from the plant, which produces colorings for food and drinks. Some described it as an …

15 11, 2024

Driver Dies in Crash Off Hurricane-Damaged North Carolina Highway

By | November 15th, 2024|Uncategorized|Comments Off on Driver Dies in Crash Off Hurricane-Damaged North Carolina Highway

A driver has died after going around a barricade and driving off the edge of a hurricane-damaged North Carolina highway that became a symbol of Hurricane Helene’s destruction. Photos of Interstate 40 with multiple lanes washed out by Helene near …

15 11, 2024

North Carolina Man Charged With Falsifying Insurance Certificate

By | November 15th, 2024|Uncategorized|Comments Off on North Carolina Man Charged With Falsifying Insurance Certificate

A North Carolina man gas been charged with obtaining property by false pretense and common law forgery, both felonies. North Carolina Insurance Commissioner Mike Causey announced the arrest of David Fitzgerald Bishop Jr., of Winston-Salem. According to special agents with …