News Archives - Insurance Journal

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25 06, 2024

Dellwood Specialty Gets A- Rating From AM Best

By | June 25th, 2024|Uncategorized|Comments Off on Dellwood Specialty Gets A- Rating From AM Best

Dellwood Specialty Insurance Company has received a financial strength rating of A- (Excellent) from AM Best. The industry rating agency said the rating as given due to Dellwood’s “very strong” balance sheet strength as well as other factors such as …

25 06, 2024

EU Adds 27 Russian Vessels to List of Entities Under Sanctions

By | June 25th, 2024|Uncategorized|Comments Off on EU Adds 27 Russian Vessels to List of Entities Under Sanctions

The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as part of its latest measures against Russia, two sources familiar with the matter said on Monday. EU countries …

25 06, 2024

Roller Coaster Strikes Man in Restricted Area of Ohio Theme Park

By | June 25th, 2024|Uncategorized|Comments Off on Roller Coaster Strikes Man in Restricted Area of Ohio Theme Park

CINCINNATI (AP) — A man who apparently entered a restricted area to retrieve his lost keys at a theme park in Ohio was critically injured when he was struck by a steel roller coaster, police and park officials said. The …

25 06, 2024

Deadly Explosion in Korea Revives Concerns Over Battery Safety

By | June 25th, 2024|Uncategorized|Comments Off on Deadly Explosion in Korea Revives Concerns Over Battery Safety

A deadly factory blaze has revived concerns over battery safety in South Korea, a key global supplier of lithium-ion cells used in everything from electric vehicles to energy storage systems. The fire and a series of explosions at a lithium …

25 06, 2024

Chinese Hackers Step Up Attacks on Taiwanese Organizations, Cybersecurity Firm Says

By | June 25th, 2024|Uncategorized|Comments Off on Chinese Hackers Step Up Attacks on Taiwanese Organizations, Cybersecurity Firm Says

A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity intelligence company Recorded Future. In recent years, relations between China and Taiwan, …

25 06, 2024

Protecting 1.2% of Earth Would Prevent Most Extinctions, Study Says

By | June 25th, 2024|Uncategorized|Comments Off on Protecting 1.2% of Earth Would Prevent Most Extinctions, Study Says

Setting aside an additional 1.2% of the world’s land as nature preserves would prevent the majority of predicted plant and animal extinctions and cost about $263 billion, according to a study published on Tuesday. The world is racing to meet …

25 06, 2024

Dollar Tree Sold Lead-Tainted Applesauce After Recall

By | June 25th, 2024|Uncategorized|Comments Off on Dollar Tree Sold Lead-Tainted Applesauce After Recall

Dollar Tree Inc. continued to sell children’s applesauce tainted with “extremely high” levels of lead long after the company recalled the product due to contamination concerns, US regulators said. The discount store kept pouches of tainted cinnamon applesauce on store …

25 06, 2024

Business Moves: Broker PCF Makes 4 Acquisitions in 4 States

By | June 25th, 2024|Uncategorized|Comments Off on Business Moves: Broker PCF Makes 4 Acquisitions in 4 States

Broker PCF Insurance Services continued its recent buying spree with the purchase of four insurance businesses in North Carolina, Pennsylvania, Mississippi, and Iowa. “At PCF Insurance, we are committed to accelerated and strategic expansion through M&A—not to be confused with …

25 06, 2024

PCF Insurance Acquires Multiple Agencies, Benefits Platform

By | June 25th, 2024|Uncategorized|Comments Off on PCF Insurance Acquires Multiple Agencies, Benefits Platform

PCF Insurance Services, a multi-state brokerage headquartered in Utah, announced it has acquired four new operations, two of them in the Southeast. The Brady Agency, offering commercial and personal lines coverage in North Carolina and Virginia with offices in the …

25 06, 2024

Ford Recalls 668,000 2014 F-150 Pickup Trucks Over Transmission Issue

By | June 25th, 2024|Uncategorized|Comments Off on Ford Recalls 668,000 2014 F-150 Pickup Trucks Over Transmission Issue

Ford Motor said Tuesday it is recalling 668,000 F-150 pickup trucks worldwide from the 2014 model year because vehicles can unexpectedly downshift into the first gear causing a loss of driver control or rear-wheel lockup. A loss of signal can …