News Archives - Insurance Journal

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1 04, 2024

Massachusetts Lawmakers Advance ‘Hot Work’ Oversiight Bill

By | April 1st, 2024|Uncategorized|Comments Off on Massachusetts Lawmakers Advance ‘Hot Work’ Oversiight Bill

A decade after two firefighters died when they became trapped in a brownstone in Boston’s historic Back Bay neighborhood by a fire caused by sparks from welders working next door, the Massachusetts Senate passed a bill Thursday aimed at toughening …

1 04, 2024

US Home Insurance Premiums May Hit a Record This Year, Report Warns

By | April 1st, 2024|Uncategorized|Comments Off on US Home Insurance Premiums May Hit a Record This Year, Report Warns

US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis. The average premium for homeowners insurance in the US is …

1 04, 2024

AT&T Notifies Users of Data Breach, Resets Millions of Passcodes

By | April 1st, 2024|Uncategorized|Comments Off on AT&T Notifies Users of Data Breach, Resets Millions of Passcodes

AT&T said it has begun notifying millions of customers about the theft of personal data recently discovered online. The telecommunications giant said Saturday that a dataset found on the “dark web” contains information such as Social Security numbers for about …

1 04, 2024

Kentucky Senate Votes to Expand Family Leave as Insurance Product

By | April 1st, 2024|Uncategorized|Comments Off on Kentucky Senate Votes to Expand Family Leave as Insurance Product

FRANKFORT, Ky. (AP) — A bipartisan bill aimed at expanding access to paid family leave won final passage Thursday as Kentucky’s legislature shifted into overdrive before a two-week break. The Senate voted 36-0 to send the family leave legislation to …

1 04, 2024

11-Year-Old Killed While Trying to Park Snowmobile in Garage

By | April 1st, 2024|Uncategorized|Comments Off on 11-Year-Old Killed While Trying to Park Snowmobile in Garage

An 11-year-old Maine boy crashed a snowmobile and was killed while attempting to park in his family’s garage in Chapman, game wardens said Tuesday. The boy, who was not wearing a helmet, sped across a field and crashed into a …

1 04, 2024

Rescue Crew Navigate Drones and Fire to Salvage Houthi-Hit Ship

By | April 1st, 2024|Uncategorized|Comments Off on Rescue Crew Navigate Drones and Fire to Salvage Houthi-Hit Ship

A salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off combat drones. And seafarers navigating through the looming risks of encountering Somali pirates. These are scenes from a perilous mission that began …

1 04, 2024

Bird Flu Found in Michigan, Idaho Cows as Virus Spreads in US

By | April 1st, 2024|Uncategorized|Comments Off on Bird Flu Found in Michigan, Idaho Cows as Virus Spreads in US

Highly pathogenic avian influenza has been discovered in dairy herds in Michigan and Idaho, indicating the virus is spreading into new US states. The National Veterinary Services Laboratories has confirmed the presence of bird flu in a Michigan herd that …

1 04, 2024

Brookfield’s $200 Billion Credit Group Seeks to Lure Insurers

By | April 1st, 2024|Uncategorized|Comments Off on Brookfield’s $200 Billion Credit Group Seeks to Lure Insurers

Brookfield Asset Management’s newly formed credit arm will cater to its parent’s insurance business and will also pitch other insurers on overseeing their assets, the unit’s chief executive officer says. “What we’ve decided to do is bring all of our …

1 04, 2024

Canadian School Boards Sue Social Media Giants for Over C$4B in Damages

By | April 1st, 2024|Uncategorized|Comments Off on Canadian School Boards Sue Social Media Giants for Over C$4B in Damages

Four Canadian school boards have sought more than C$4 billion ($2.96 billion) in damages from social media firms such as Meta Platforms and Snap in a lawsuit, alleging that their products harmed students. The products are “negligently designed for compulsive …

1 04, 2024

Tropical Cyclone Makes Landfall in Northern Madagascar, Killing 18 People

By | April 1st, 2024|Uncategorized|Comments Off on Tropical Cyclone Makes Landfall in Northern Madagascar, Killing 18 People

ANTANANARIVO, Madagascar (AP) — A tropical cyclone that swept across Madagascar has killed 18 people and left four missing after making landfall on the north of the Indian Ocean island nation earlier this week, authorities said on Friday. The storm …