News Archives - Insurance Journal

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8 11, 2024

Disgruntled Fired Employee Kills 2 Workers at Chicago’s Navy Yard: Police

By | November 8th, 2024|Uncategorized|Comments Off on Disgruntled Fired Employee Kills 2 Workers at Chicago’s Navy Yard: Police

A man who was recently fired from his job at Navy Pier returned to the Chicago tourist attraction and killed two workers before fleeing, police said. The attack happened Tuesday afternoon after the fired worker gained access to an office …

8 11, 2024

North Dakota Voters Reject Marijuana Legalization

By | November 8th, 2024|Uncategorized|Comments Off on North Dakota Voters Reject Marijuana Legalization

North Dakota voters defeated a measure calling for the legalization of recreational marijuana. The outcome of the proposal wasn’t clear until Wednesday morning. North Dakota is one of a handful of states, including Florida and South Dakota, where recreational marijuana …

8 11, 2024

Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion

By | November 8th, 2024|Uncategorized|Comments Off on Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion

The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total insurance losses in excess of €3.5 billion ($3.8 billion), Moody’s estimates. The projection is based on the first 72,000 insurance …

8 11, 2024

Multiple Climate Disasters Trigger First-Ever Red Cross Disaster Insurance Pay-Out

By | November 8th, 2024|Uncategorized|Comments Off on Multiple Climate Disasters Trigger First-Ever Red Cross Disaster Insurance Pay-Out

The world was hit by so many floods and landslides in 2024 that it triggered the aid sector’s first multi-disaster insurance pay-out, the Red Cross told Reuters, signaling both the scale of the problem and the need for new financing …

8 11, 2024

AI Thermostats Pitched for Texas Homes to Relieve Stressed Grid

By | November 8th, 2024|Uncategorized|Comments Off on AI Thermostats Pitched for Texas Homes to Relieve Stressed Grid

Three of the biggest names in US home energy automation are coming together to offer some relief to the beleaguered Texas electrical grid. Power supplier NRG Energy Inc. is partnering with Renew Home LLC to distribute about 650,000 artificial intelligence-enabled …

8 11, 2024

Louisiana Community Protest Approval Process for Ammonia Plant

By | November 8th, 2024|Uncategorized|Comments Off on Louisiana Community Protest Approval Process for Ammonia Plant

ELKINSVILLE, La. (AP) — A dispute over a planned ammonia plant near a historic Black town in southeastern Louisiana ratcheted up a notch with a challenge to the state’s approval process. The battle over the plant is occurring despite the …

5 11, 2024

Boeing Dismantles DEI Team as Pressure Builds on New CEO

By | November 5th, 2024|Uncategorized|Comments Off on Boeing Dismantles DEI Team as Pressure Builds on New CEO

Boeing Co. has dismantled its global diversity, equity and inclusion department, making it the latest high-profile corporation to make changes to its DEI policy as its new top leader oversees a broader revamp of the company’s workforce. Staff from Boeing’s …

5 11, 2024

Rescuers Find Body of Final Missing Tenn. Factory Worker Swept Away by Flooding

By | November 5th, 2024|Uncategorized|Comments Off on Rescuers Find Body of Final Missing Tenn. Factory Worker Swept Away by Flooding

ERWIN, Tenn. (AP) — Rescue workers in Tennessee have recovered the body of the final person still missing after massive flooding from Hurricane Helene hit a plastics factory there. Rosa Andrade, 29, was one of six employees killed after they …

5 11, 2024

Biden Declares Major Disaster Area in New Mexico Due to Historic Flooding

By | November 5th, 2024|Uncategorized|Comments Off on Biden Declares Major Disaster Area in New Mexico Due to Historic Flooding

President Joe Biden declared a major disaster area in southeast New Mexico after historic flooding killed two people and forced the rescue of more than 300 last month. The declaration announced last week makes federal funding available to residents in …

5 11, 2024

In Florida’s Weed Wars, Griffin and DeSantis Clash With Trump and ‘Pot Daddy’

By | November 5th, 2024|Uncategorized|Comments Off on In Florida’s Weed Wars, Griffin and DeSantis Clash With Trump and ‘Pot Daddy’

In Florida’s weed wars, the big money is going against Governor Ron DeSantis and the financier of his anti-cannabis crusade, billionaire Ken Griffin. The Citadel founder has funded about half of the campaign against a referendum on legalizing recreational marijuana …