News Archives - Insurance Journal

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20 06, 2025

FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of Schemes

By | June 20th, 2025|Uncategorized|Comments Off on FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of Schemes

Paddle.com Market, a U.K.-based payment processor, and its subsidiary, Paddle.com, Inc., will pay $5 million and be permanently banned from processing payments for tech-support telemarketers, said the Federal Trade Commission this week. The FTC alleged that Paddle abused the U.S. …

20 06, 2025

Oklahoma Workers’ Compensation Commission Votes to Reduce MITF Assessment

By | June 20th, 2025|Uncategorized|Comments Off on Oklahoma Workers’ Compensation Commission Votes to Reduce MITF Assessment

The Oklahoma Workers’ Compensation Commission announced that it voted this spring to reduce the Multiple Injury Trust Fund assessment on workers’ compensation coverage providers from 7% to 6.29%. This is the first reduction in five years, the WCC said. The …

20 06, 2025

California Utilities Expand Power Shutdowns as Winds Rise

By | June 20th, 2025|Uncategorized|Comments Off on California Utilities Expand Power Shutdowns as Winds Rise

California utilities cut power to more than 62,000 customers across the state in an attempt to stop wildfires from starting as dry winds sweep the region. PG&E Corp. cut off power to around 60,000 customers scattered across seven counties and …

20 06, 2025

UK Car Theft Crisis Pits Manufacturers Against High-Tech Gangs

By | June 20th, 2025|Uncategorized|Comments Off on UK Car Theft Crisis Pits Manufacturers Against High-Tech Gangs

To the untrained eye, the red shipping container at Felixstowe looked no different to the thousands of others stacked up at Britain’s busiest seaport. Destined for Africa, its contents were listed as “household goods,” but to police officer Adam Gibson, …

20 06, 2025

How Will Tesla Remotely Control Robotaxis, And What Are The Limitations?

By | June 20th, 2025|Uncategorized|Comments Off on How Will Tesla Remotely Control Robotaxis, And What Are The Limitations?

Tesla is expected to tiptoe into its long-awaited robotaxi service in Austin, Texas, as soon as Sunday with about 10 of its Model Y SUVs that will operate within strict limits. CEO Elon Musk has said the company is being …

20 06, 2025

Iran Hijacking Home Security Cameras to Spy Within Israel

By | June 20th, 2025|Uncategorized|Comments Off on Iran Hijacking Home Security Cameras to Spy Within Israel

Iran is tapping into private security cameras in Israel to gather real-time intelligence about its adversary, exposing a recurrent problem with the devices that has emerged in other global conflicts. Earlier this week, after Iranian ballistic missiles tore through high-rise …

20 06, 2025

Runaway Reaction Likely Caused Fatal Explosion at Food Color Plant in Ky., Board Says

By | June 20th, 2025|Uncategorized|Comments Off on Runaway Reaction Likely Caused Fatal Explosion at Food Color Plant in Ky., Board Says

Materials used in a food-coloring facility in Louisville led to a runaway chemical reaction last November, which likely caused the explosion that killed two workers and seriously injured three others, the U.S. Chemical Safety and Hazard Investigation Board said in …

20 06, 2025

Rio Tinto Reaches $138.75M Settlement With Investors Over Mongolian Mine

By | June 20th, 2025|Uncategorized|Comments Off on Rio Tinto Reaches $138.75M Settlement With Investors Over Mongolian Mine

Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia. A …

20 06, 2025

Thriving Southern Cities Face Economic Threat From Funding Cuts

By | June 20th, 2025|Uncategorized|Comments Off on Thriving Southern Cities Face Economic Threat From Funding Cuts

The same economic anchor that propelled North Carolina’s Research Triangle into one of America’s most thriving economies now risks becoming a liability. Major academic institutions in the community have helped lure businesses of all sizes — and the jobs that …

20 06, 2025

China Warns of More Floods as Extreme Storms Hit World’s No. 2 Economy

By | June 20th, 2025|Uncategorized|Comments Off on China Warns of More Floods as Extreme Storms Hit World’s No. 2 Economy

Central and southern China were on high alert for more flash floods on Friday as the annual East Asia monsoon gathered pace and extreme rainfall threatened disruption in the world’s second-largest economy. Red alerts, the first for this year, were …