News Archives - Insurance Journal

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17 05, 2024

Washington Contractor, Grower Face $650K in Fines After Worker Dies in Apple Storage Room

By | May 17th, 2024|Uncategorized|Comments Off on Washington Contractor, Grower Face $650K in Fines After Worker Dies in Apple Storage Room

Two Washington companies face a combined $650,000 in fines for violations in connection with a worker who died from asphyxiation after entering an apple storage facility where the oxygen had been removed from the air. The incident on Oct. 1, …

17 05, 2024

Sony Music Warns Companies to Stop Training AI on Its Artists’ Content

By | May 17th, 2024|Uncategorized|Comments Off on Sony Music Warns Companies to Stop Training AI on Its Artists’ Content

Sony Music Group, one of the world’s biggest record labels, warned artificial intelligence companies and music streaming platforms not to use the company’s content without explicit permission. Sony Music, whose artists include Lil Nas X and Celine Dion, sent letters …

17 05, 2024

Auto Insurance Shopping ‘Hot,’ Consumers Switching ‘Sizzling’: LexisNexis

By | May 17th, 2024|Uncategorized|Comments Off on Auto Insurance Shopping ‘Hot,’ Consumers Switching ‘Sizzling’: LexisNexis

Shoppers in the U.S. aren’t ready to accept higher auto insurance rates, choosing to shop around for the best deal and coverage, a new report finds. U.S. consumer auto insurance shopping activity registered as “Hot” on the LexisNexis Insurance Demand …

17 05, 2024

People Moves: Marsh McLennan Agency Appoints Rappa Fine Arts and Specie Leader

By | May 17th, 2024|Uncategorized|Comments Off on People Moves: Marsh McLennan Agency Appoints Rappa Fine Arts and Specie Leader

Marsh McLennan Agency, headquartered in New York, appointed Anne Rappa to the newly created position of fine arts and specie leader effective May 20. Based in New York, Rappa will work with teams in the U.S. and London to deliver …

17 05, 2024

Firefighters Gain Control of One Blaze Threatening Oil Sands in Alberta

By | May 17th, 2024|Uncategorized|Comments Off on Firefighters Gain Control of One Blaze Threatening Oil Sands in Alberta

Firefighters gained control of one wildfire near the main oil-sands region of Alberta on Wednesday, but continued to battle a much larger blaze to the south that’s threatening the area’s biggest city. The fire just north of Fort McMurray, located …

17 05, 2024

Wildfires Could Affect Over Half of Canada’s Oil Sands Output: Report

By | May 17th, 2024|Uncategorized|Comments Off on Wildfires Could Affect Over Half of Canada’s Oil Sands Output: Report

More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen, Rystad Energy said in a report on Thursday. WHY IT’S IMPORTANT Canada is one of the biggest oil …

17 05, 2024

Volkswagen Reaches $54 Million ‘Dieselgate’ Settlement With Italian Owners

By | May 17th, 2024|Uncategorized|Comments Off on Volkswagen Reaches $54 Million ‘Dieselgate’ Settlement With Italian Owners

Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday. In the settlement, over 60,000 …

16 05, 2024

Whistleblower Questions Delayed Use of Sensor Plane After Ohio Train Derailment

By | May 16th, 2024|Uncategorized|Comments Off on Whistleblower Questions Delayed Use of Sensor Plane After Ohio Train Derailment

The U.S. government has a specialized plane loaded with advanced sensors that officials brag is always ready to deploy within an hour of any kind of chemical disaster. But the plane didn’t fly over eastern Ohio until four days after …

16 05, 2024

Oil-Sands Capital of Canada Now Grappling With Second Wildfire

By | May 16th, 2024|Uncategorized|Comments Off on Oil-Sands Capital of Canada Now Grappling With Second Wildfire

The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer to major energy operations. The new blaze near Fort McMurray, Alberta, is about 3 hectares (7 acres) in size, and …

16 05, 2024

Zurich’s First-Quarter P/C Revenue Rises on Higher Premiums

By | May 16th, 2024|Uncategorized|Comments Off on Zurich’s First-Quarter P/C Revenue Rises on Higher Premiums

Zurich Insurance Group AG said revenue from property and casualty insurance rose 12% in the first quarter on a like-for-like basis, helped by higher premiums. Gross written premiums in the business rose 9% from a year earlier, as Asia and …