News Archives - Insurance Journal

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29 03, 2023

People Moves: NavSav Appoints Uminski to New COO Role; Bolander Joins Lockton as SVP of Regional Operations

By | March 29th, 2023|Uncategorized|Comments Off on People Moves: NavSav Appoints Uminski to New COO Role; Bolander Joins Lockton as SVP of Regional Operations

NavSav Insurance Appoints Uminski to New COO Role NavSav Insurance has appointed John Uminski as its new role of chief operating officer. Umanski comes to the Beaumont, Texas-based company following more than 25 years at Allstate. Uminski’s began his career …

30 03, 2023

BHP Group Seeks to Delay $44B Brazil Dam Court Case in London

By | March 30th, 2023|Uncategorized|Comments Off on BHP Group Seeks to Delay $44B Brazil Dam Court Case in London

Mining group BHP Group is seeking to delay a potential 36 billion pound ($44 billion) London lawsuit over Brazil’s worst environmental disaster as it needs more time to prepare, the company’s lawyers said on Wednesday. The world’s biggest miner by …

29 03, 2023

Colombia, Peru Eye World Bank Catastrophe Bonds on Renewed Investor Interest

By | March 29th, 2023|Uncategorized|Comments Off on Colombia, Peru Eye World Bank Catastrophe Bonds on Renewed Investor Interest

Colombia and Peru are considering returning to a World Bank program that issues bonds to cover claims on natural disasters after the plan faced a nearly two-year lull. The countries are among those looking to take advantage of renewed investor …

29 03, 2023

Wreckage Complicates Job of Investigators of Chocolate Factory Deadly Blast

By | March 29th, 2023|Uncategorized|Comments Off on Wreckage Complicates Job of Investigators of Chocolate Factory Deadly Blast

Investigators looking for the cause of a deadly explosion that leveled part of a Pennsylvania chocolate factory faced an even more difficult task Monday as they combed through wreckage that was extensively picked apart and moved around during the intensive …

29 03, 2023

$1.5M for California Homeowners Overcharged Under Wildfire Risk Score

By | March 29th, 2023|Uncategorized|Comments Off on $1.5M for California Homeowners Overcharged Under Wildfire Risk Score

Kemper Independence Insurance Co. has issued more than $1.5 million in refunds to thousands of California homeowners after the California Department of Insurance found the carrier overcharged policyholders for wildfire risk. Kemper and its affiliate insurance company, Unitrin Auto and …

29 03, 2023

NHTSA Opens Investigation Into Tesla Seat Belts Coming Loose

By | March 29th, 2023|Uncategorized|Comments Off on NHTSA Opens Investigation Into Tesla Seat Belts Coming Loose

U.S. highway safety regulators have opened yet another investigation into problems with Teslas, this time tied to complaints that the seat belts may not hold people in a crash. The investigation by the National Highway Traffic Safety Administration covers an …

29 03, 2023

Health Officials See No Sign of Contamination of Philadelphia’s Water After Spill

By | March 29th, 2023|Uncategorized|Comments Off on Health Officials See No Sign of Contamination of Philadelphia’s Water After Spill

Philadelphia water officials say they are monitoring water quality closely and have seen no sign of contamination following a chemical spill into the Delaware River in a neighboring county. Bucks County health officials said Sunday that a leak late Friday …

29 03, 2023

Ermotti to Step Down as Swiss Re Chair to Take UBS Role; Interim Chair Named

By | March 29th, 2023|Uncategorized|Comments Off on Ermotti to Step Down as Swiss Re Chair to Take UBS Role; Interim Chair Named

Sergio P. Ermotti is stepping down as the chairman of Swiss Re, following his appointment as the new CEO of UBS. Swiss Re’s Board of Directors will immediately start the search to find a successor. In the interim, board member …

29 03, 2023

Washington Moves to End Child Sex Abuse Lawsuit Time Limits

By | March 29th, 2023|Uncategorized|Comments Off on Washington Moves to End Child Sex Abuse Lawsuit Time Limits

People who were sexually abused as children in Washington state may soon be able to bring lawsuits against the state, schools or other institutions for failing to stop the abuse, no matter when it happened. House Bill 1618 would remove …

29 03, 2023

At Least 50 U.S. Government Employees Hit With Spyware, Prompting New Rules

By | March 29th, 2023|Uncategorized|Comments Off on At Least 50 U.S. Government Employees Hit With Spyware, Prompting New Rules

At least 50 U.S. government staffers stationed in 10 countries were targeted with commercial hacking tools, commonly known as spyware, according to a senior administration official, highlighting the growing threat caused by offensive cyber vendors and prompting the White House …