News Archives - Insurance Journal

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1 10, 2024

Sanctioned Tanker With LNG Cargo Passes via Suez Canal, Data Shows

By | October 1st, 2024|Uncategorized|Comments Off on Sanctioned Tanker With LNG Cargo Passes via Suez Canal, Data Shows

The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through the Suez Canal with an LNG cargo, LSEG data showed on Monday. The source of the LNG and Palau-flagged Pioneer’s …

1 10, 2024

Hawaii High Court Agrees to Weigh in on Issues Holding up $4B Wildfire Settlement

By | October 1st, 2024|Uncategorized|Comments Off on Hawaii High Court Agrees to Weigh in on Issues Holding up $4B Wildfire Settlement

Hawaii’s Supreme Court will consider questions about issues that threaten to thwart a $4 billion settlement in last year’s devastating Maui wildfires. A Maui judge last month agreed to ask the state high court questions about how insurance companies can …

1 10, 2024

Connecticut Workers’ Compensation Costs to Drop Again in 2025

By | October 1st, 2024|Uncategorized|Comments Off on Connecticut Workers’ Compensation Costs to Drop Again in 2025

Connecticut workers’ compensation insurers are recommending an overall 6.1% reduction in loss costs in the voluntary market and a 6.2% overall reduction in the assigned risk market for next year. If the recommendation is approved, it would mark the eleventh …

1 10, 2024

FCC Says It Has Reached $31.5 Million Settlement With T-Mobile Over Data Breaches

By | October 1st, 2024|Uncategorized|Comments Off on FCC Says It Has Reached $31.5 Million Settlement With T-Mobile Over Data Breaches

T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said on Monday. T-Mobile will pay a …

1 10, 2024

Boar’s Head Faces Legal Scrutiny Over Deadly Listeria Outbreak

By | October 1st, 2024|Uncategorized|Comments Off on Boar’s Head Faces Legal Scrutiny Over Deadly Listeria Outbreak

Boar’s Head, the deli meat company at the center of a deadly listeria food poisoning outbreak, is being scrutinized by law enforcement officials, the U.S. Agriculture Department disclosed in response to government records requests. Officials with USDA’s Food Safety and …

1 10, 2024

Judge Rules eBay Not Liable for Selling Harmful Products

By | October 1st, 2024|Uncategorized|Comments Off on Judge Rules eBay Not Liable for Selling Harmful Products

A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay of violating environmental laws by allowing the sale of hundreds of thousands of harmful products on its platform, including pesticides and devices to evade motor vehicle pollution controls. …

1 10, 2024

Cruise Gets More Oversight After California Robotaxi Dragging Incident

By | October 1st, 2024|Uncategorized|Comments Off on Cruise Gets More Oversight After California Robotaxi Dragging Incident

General Motors Co.’s robotaxi company will undergo tougher oversight and pay a fine to settle claims by US auto safety regulators that it failed to properly disclose information about a crash involving one of its cars that struck and dragged …

1 10, 2024

Jury Awards $300M to 3 Women Over Alleged Sex Abuse by Virginia Doctor

By | October 1st, 2024|Uncategorized|Comments Off on Jury Awards $300M to 3 Women Over Alleged Sex Abuse by Virginia Doctor

A jury has ruled in favor of three women who alleged they were sexually abused while patients at a Virginia children’s hospital, awarding them a total of $300 million in damages. The jury in Richmond Circuit Court on Friday awarded …

1 10, 2024

Investigation Started into Plane Crash That Killed Several People in North Carolina

By | October 1st, 2024|Uncategorized|Comments Off on Investigation Started into Plane Crash That Killed Several People in North Carolina

MANTEO, N.C. (AP) — Federal authorities were investigating this week after multiple people died when a single-engine plane crashed Saturday afternoon in a wooded area at Wright Brothers National Memorial’s First Flight Airport, the National Park Service said. The crash …

30 09, 2024

Insured Losses Top $5B With Heavy Flooding But Few Covered by Flood Insurance

By | September 30th, 2024|Uncategorized|Comments Off on Insured Losses Top $5B With Heavy Flooding But Few Covered by Flood Insurance

Estimates of insured losses from Hurricane Helene continue to range around $5 billion, not including flood insurance losses, as the death toll in the Southeast continued to rise, approaching 100 by Monday morning. In Florida, the state Office of Insurance …