News Archives - Insurance Journal

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7 06, 2024

Russian Hackers Claim Cyberattack on Spanish Defense Company

By | June 7th, 2024|Uncategorized|Comments Off on Russian Hackers Claim Cyberattack on Spanish Defense Company

Santa Barbara Systems, a General Dynamics subsidiary in Spain that is refurbishing Leopard tanks for delivery to Ukraine, suffered a cyberattack on its website, a pro-Russia hacker group said. A spokesperson for General Dynamics confirmed that the defense contractor’s Spanish …

7 06, 2024

Emerald Bay and Arrowhead Launch Commercial Earthquake Facility in California, Pacific Northwest

By | June 7th, 2024|Uncategorized|Comments Off on Emerald Bay and Arrowhead Launch Commercial Earthquake Facility in California, Pacific Northwest

Emerald Bay Risk Solutions and Arrowhead General Insurance Agency Inc. have launched a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. Arrowhead EQ DIC will primarily target businesses in California and the Pacific …

7 06, 2024

Amazon Accused of Misusing Small Sellers’ Data in $1.3 Billion UK Lawsuit

By | June 7th, 2024|Uncategorized|Comments Off on Amazon Accused of Misusing Small Sellers’ Data in $1.3 Billion UK Lawsuit

Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data to boost its own market share and profits. The British Independent Retailers Association (BIRA), an umbrella body grouping …

7 06, 2024

Maryland Governor Requires All State Agencies to Submit Climate Change Plans

By | June 7th, 2024|Uncategorized|Comments Off on Maryland Governor Requires All State Agencies to Submit Climate Change Plans

State agencies in Maryland will be required to submit a plan to help address climate change and reduce greenhouse gas emissions, under an executive order signed by Gov. Wes Moore on Tuesday. The plan calls for all state agencies to …

7 06, 2024

People Moves: Ascot Underwriting Names Thompson as CEO, Keith Named Head of Ascot Bermuda; Geneva Assn. Appoints AIA’s Top Executive as Chair

By | June 7th, 2024|Uncategorized|Comments Off on People Moves: Ascot Underwriting Names Thompson as CEO, Keith Named Head of Ascot Bermuda; Geneva Assn. Appoints AIA’s Top Executive as Chair

This edition of International People Moves details appointments at Ascot Underwriting Ltd. and Ascot Bermuda, along with The Geneva Association. A summary of these new hires follows here. Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the appointments …

7 06, 2024

California City Awarded Grant to study Insurance Protections from Sea Level Rise

By | June 7th, 2024|Uncategorized|Comments Off on California City Awarded Grant to study Insurance Protections from Sea Level Rise

A California city has been awarded a grant to study insurance protections from sea level rise. The City of Imperial Beach received an $848,000 grant to develop flooding adaptation strategies to help prepare residents for coastal flooding expected to intensify …

7 06, 2024

Report Shows Increase in Total EV Loss Claims

By | June 7th, 2024|Uncategorized|Comments Off on Report Shows Increase in Total EV Loss Claims

A new report shows a jump in total loss frequency for both electric and newer internal combustion engine automobiles. Mitchell this week released its Q1 2024 trends report: Plugged-In: EV Collision Insights. The report shows EV total loss frequency has …

7 06, 2024

Ex-Prosecutor Settles Defamation Suit Against Netflix Over Central Park Five Series

By | June 7th, 2024|Uncategorized|Comments Off on Ex-Prosecutor Settles Defamation Suit Against Netflix Over Central Park Five Series

Former Manhattan prosecutor Linda Fairstein and Netflix announced Tuesday they’ve settled the defamation lawsuit she filed four years ago over her portrayal in the streaming service’s miniseries about the five Black and Latino teenagers known as the now-exonerated Central Park …

7 06, 2024

Environmental Groups Looking to Sue Colorado Refinery for 1K-plus Pollution Violations

By | June 7th, 2024|Uncategorized|Comments Off on Environmental Groups Looking to Sue Colorado Refinery for 1K-plus Pollution Violations

Environmental groups took the first step to sue the owner of an oil refinery near Denver for years of pollution violations, saying that state regulators haven’t done enough to hold the owner accountable. The refinery owned by Suncor Energy sits …

7 06, 2024

Student Pilot’s Solo Cross-Country Flight Crashed In Connecticut Campground

By | June 7th, 2024|Uncategorized|Comments Off on Student Pilot’s Solo Cross-Country Flight Crashed In Connecticut Campground

PLYMOUTH, Conn. (AP) — A student pilot was attempting a solo cross-country flight before crashing into a Connecticut campground, according to a federal aviation report released Tuesday. The 1968, fixed-wing, single-engine Cessna 172 aircraft had “sputtered” and “quit” on Monday, …