News Archives - Insurance Journal

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2 02, 2024

Crash Tests Indicate Nation’s Guardrail System Can’t Handle Heavy Electric Vehicles

By | February 2nd, 2024|Uncategorized|Comments Off on Crash Tests Indicate Nation’s Guardrail System Can’t Handle Heavy Electric Vehicles

Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed to withstand the extra force, raising concerns about the nation’s roadside safety system, according to crash test data released Wednesday …

2 02, 2024

Norway’s Most Powerful Storm in Over 30 Years Rips Roofs Off Houses, Cuts Power

By | February 2nd, 2024|Uncategorized|Comments Off on Norway’s Most Powerful Storm in Over 30 Years Rips Roofs Off Houses, Cuts Power

Norway’s most powerful storm in more than three decades ripped off roofs, heightened avalanche risks, canceled flights and cut power as it raged in parts of the Scandinavian country Thursday. Hurricane-force winds brought gusts of up to 180 kilometers (112 …

2 02, 2024

Tobacco Giants’ Patent Settlement Clears Path for Smokeless Products

By | February 2nd, 2024|Uncategorized|Comments Off on Tobacco Giants’ Patent Settlement Clears Path for Smokeless Products

Tobacco giants Philip Morris International Inc. and British American Tobacco Plc settled a series of patent suits that clears a path for both firms to bring their cigarette alternative products to US and European markets. The accord ends legal challenges …

2 02, 2024

Europe’s Toughest ESG Rule Hits Wall of German Objections

By | February 2nd, 2024|Uncategorized|Comments Off on Europe’s Toughest ESG Rule Hits Wall of German Objections

The European Union’s most stringent ESG rule to date may be scuppered due to eleventh-hour German opposition to the plan. The EU was on track to move forward with the Corporate Sustainability Due Diligence Directive after December, when lawmakers and …

2 02, 2024

Liberty Mutual to Eliminate 250 Positions

By | February 2nd, 2024|Uncategorized|Comments Off on Liberty Mutual to Eliminate 250 Positions

Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5% of its global workforce, as it continues implementing new organizational structures within US Retail Markets and Global Risk Solutions units. In an email a spokesperson said some employees …

1 02, 2024

Greyhound Bus and SUV Collide in Northern Alabama, Killing Motorist

By | February 1st, 2024|Uncategorized|Comments Off on Greyhound Bus and SUV Collide in Northern Alabama, Killing Motorist

ARDMORE, Ala. (AP) — A Greyhound bus and a car collided on a northern Alabama road, killing a man and injuring the bus driver and eight bus passengers, authorities said Tuesday. The crash happened shortly after 10 p.m. Monday, the …

1 02, 2024

Cyberattack Hits Georgia County Where Trump Is Charged

By | February 1st, 2024|Uncategorized|Comments Off on Cyberattack Hits Georgia County Where Trump Is Charged

(Bloomberg) — A cyberattack disrupted the court systems in Fulton County, Georgia, where former President Donald Trump faces a criminal case for allegedly interfering with the 2020 election results. Officials earlier this week were working to restore normal operations after …

1 02, 2024

Disney Lawsuit Against DeSantis Dismissed by Federal Judge

By | February 1st, 2024|Uncategorized|Comments Off on Disney Lawsuit Against DeSantis Dismissed by Federal Judge

(Bloomberg) — Walt Disney Co.’s lawsuit accusing Florida Governor Ron DeSantis of politically retaliating against the company was dismissed by a federal judge. US District Judge Allen Winsor in Tallahassee, Florida, on Wednesday granted DeSantis’ request to throw out the …

1 02, 2024

PointeNorth Keeps Growing with 2 More Georgia Agency Acquisitions

By | February 1st, 2024|Uncategorized|Comments Off on PointeNorth Keeps Growing with 2 More Georgia Agency Acquisitions

Atlanta-based PointeNorth Insurance Group, one of the larger independent agencies in the Southeast, has continued its streak of acquisitions with the addition of Valdosta Insurance Services and Southern Insurance Advisors in Georgia. PointeNorth said in a news release that it …

1 02, 2024

Farmer Protests Disrupt Belgian Supermarkets’ Supply Chain

By | February 1st, 2024|Uncategorized|Comments Off on Farmer Protests Disrupt Belgian Supermarkets’ Supply Chain

Protesting farmers have blocked the distribution centers of Colruyt, one of Belgium’s biggest supermarket chains, a spokesperson confirmed, while local media reported that distribution centers of discount supermarket chain Lidl were also targeted. The blockades have led to disruptions in …