News Archives - Insurance Journal

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24 03, 2026

Hyundai Recalls 58,000 Palisade SUVs in South Korea Over Automatic Seat Problem

By | March 24th, 2026|Uncategorized|Comments Off on Hyundai Recalls 58,000 Palisade SUVs in South Korea Over Automatic Seat Problem

South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions …

24 03, 2026

German Court Rejects Bid to Ban Mercedes and BMW’s Fossil-Fuel Cars

By | March 24th, 2026|Uncategorized|Comments Off on German Court Rejects Bid to Ban Mercedes and BMW’s Fossil-Fuel Cars

Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and BMW from selling new combustion-engine cars from November 2030. The federal court of justice in Karlsruhe upheld lower court rulings …

24 03, 2026

Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case

By | March 24th, 2026|Uncategorized|Comments Off on Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case

The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London’s High Court that he was liable to Hewlett Packard Enterprise over its acquisition of his firm Autonomy. The U.S. technology …

24 03, 2026

FCC Bans Wireless Router Imports, Citing Security Concerns

By | March 24th, 2026|Uncategorized|Comments Off on FCC Bans Wireless Router Imports, Citing Security Concerns

The Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless routers after an interagency panel determined they threaten national security. While the FCC said companies could apply for exemptions, the move could dramatically …

24 03, 2026

Fire Destroys Historic Courthouse in Georgia

By | March 24th, 2026|Uncategorized|Comments Off on Fire Destroys Historic Courthouse in Georgia

A fire that broke out Monday almost completely destroyed the 134-year-old Floyd County Courthouse in Rome, Georgia, leaving officials looking for new office space for some government functions, local news sites reported. The courthouse, built in 1892 and listed on …

24 03, 2026

Oakbridge Names New President and CEO as Smith Moves to Chairman Role

By | March 24th, 2026|Uncategorized|Comments Off on Oakbridge Names New President and CEO as Smith Moves to Chairman Role

Georgia-headquartered Oakbridge Insurance, one the largest privately owned brokerages, announced that longtime president and CEO Robbie Smith will be executive chairman, starting July 1. Matt James, the current chief financial officer and chief acquisition officer, will be named CEO. Trae …

24 03, 2026

High-Grade Borrowers Jump Back Into Bond Market After Halt

By | March 24th, 2026|Uncategorized|Comments Off on High-Grade Borrowers Jump Back Into Bond Market After Halt

The US investment-grade bond market reopened Monday following a three-session pause in activity, as concerns over the Iran conflict ease. Six firms raised a combined $7 billion from high-grade debt offerings, after President Donald Trump said he would postpone strikes …

24 03, 2026

California Sues Department of Energy Over Sable Oil Pipeline Restart

By | March 24th, 2026|Uncategorized|Comments Off on California Sues Department of Energy Over Sable Oil Pipeline Restart

California Attorney General Rob Bonta said on Monday he has sued the U.S. Department of Energy to stop it from using a Cold War-era law to restart the long-disputed Sable Offshore pipeline system linking the Santa Ynez offshore platform to …

24 03, 2026

Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater

By | March 24th, 2026|Uncategorized|Comments Off on Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater

Valero Energy Corp. responded to a fire in a unit at its Port Arthur refinery in Texas on Monday, adding pressure to a US fuels market that’s already seen prices skyrocket due to the Middle East war. A fire broke …

24 03, 2026

SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project

By | March 24th, 2026|Uncategorized|Comments Off on SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project

SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus. “We are going to do the largest construction project in the …