News Archives - Insurance Journal

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24 06, 2024

Four Minor Early Morning Earthquakes Hit Southern California

By | June 24th, 2024|Uncategorized|Comments Off on Four Minor Early Morning Earthquakes Hit Southern California

Four small earthquakes occurred in California in the early Monday morning hours, according to the U.S. Geological Survey. A magnitude 3.2 earthquake struck near Cobb at a depth of 1.1 miles, a M2.9 quake hit two miles southeast of Highland …

24 06, 2024

Cyber Insurance Market Stable With Potential for Growth, Says AM Best

By | June 24th, 2024|Uncategorized|Comments Off on Cyber Insurance Market Stable With Potential for Growth, Says AM Best

According to industry rating agency AM Best, there are enough positive factors to give the cyber insurance market a ‘stable’ outlook despite a stall in premium growth. Analysts at AM Best issued a segment outlook and report Monday, and said …

24 06, 2024

Texas Pet Products Manufacturer Fined $278K Over Employee’s Facial Burns

By | June 24th, 2024|Uncategorized|Comments Off on Texas Pet Products Manufacturer Fined $278K Over Employee’s Facial Burns

A federal workplace safety investigation of a global manufacturer and distributor of pet products in Arlington, Texas identified one willful violation and eight serious violations of required safety regulations during its investigation into how an employee suffered severe facial burns …

24 06, 2024

Climate Change Amplifies Deadly Heat Wave Sweeping Across Southwestern US, Mexico

By | June 24th, 2024|Uncategorized|Comments Off on Climate Change Amplifies Deadly Heat Wave Sweeping Across Southwestern US, Mexico

Human-caused climate change dialed up the thermostat and turbocharged the odds of this month’s killer heat that has been baking the Southwestern United States, Mexico and Central America, a new flash study found. Sizzling daytime temperatures that triggered cases of …

24 06, 2024

Facial Recognition Startup Clearview AI Settles Privacy Suit for $50M

By | June 24th, 2024|Uncategorized|Comments Off on Facial Recognition Startup Clearview AI Settles Privacy Suit for $50M

CHICAGO (AP) — Facial recognition startup Clearview AI reached a settlement Friday in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects’ privacy rights, a deal that attorneys estimate could be worth more than $50 million. …

24 06, 2024

Ohio Pork Processing Plant Faces 43 Violations for Ammonia Exposure

By | June 24th, 2024|Uncategorized|Comments Off on Ohio Pork Processing Plant Faces 43 Violations for Ammonia Exposure

A Sandusky, Ohio pork processing facility exposed workers to a release of ammonia gas, leading the U.S. Department of Labor to open two inspections and issue 43 violations of federal regulations. Investigators with the department’s Occupational Safety and Health Administration …

24 06, 2024

Dallas Will Feel Like 107 With Heat and Humidity: Weather Watch

By | June 24th, 2024|Uncategorized|Comments Off on Dallas Will Feel Like 107 With Heat and Humidity: Weather Watch

Heat advisories are in place across the central and southern US — from South Dakota to Texas. Dallas is forecast to see highs above 98F (36.6C) this week, but the humidity through Tuesday will make it feel closer to 107, …

24 06, 2024

Blaze at South Korea Lithium Battery Plant Kills 22 Workers

By | June 24th, 2024|Uncategorized|Comments Off on Blaze at South Korea Lithium Battery Plant Kills 22 Workers

A lithium battery factory in South Korea was set on fire after multiple batteries exploded on Monday, killing 22 workers, most of them Chinese nationals, fire officials said. The fire and a series of explosions ripped through the factory run …

24 06, 2024

Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US

By | June 24th, 2024|Uncategorized|Comments Off on Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US

FloodFlash announced its expansion to cover all mainland US locations. The sensor-enabled parametric flood insurer provides flood coverage in excess of the National Flood Insurance Program (NFIP) where the private markets are unable to quote, particularly in real estate, sports …

24 06, 2024

Floodwaters Force People From Homes in Some Parts of Iowa

By | June 24th, 2024|Uncategorized|Comments Off on Floodwaters Force People From Homes in Some Parts of Iowa

Floodwaters forced people out of their homes in parts of Iowa, the result of weeks of rain, while much of the United States longed for relief Saturday from yet another round of extraordinary heat. Sirens blared at 2 a.m. in …