News Archives - Insurance Journal

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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

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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

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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 …

1 04, 2024

Student from China Sentenced in Arson of Alabama Church in 2021

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MONTGOMERY, Ala. (AP) — A 30-year-old woman in the U.S. on a student visa has been sentenced to more than eight years in prison for setting fire to First Baptist Church in Montgomery in 2021, federal prosecutors said Monday. Xiaoqin …

1 04, 2024

Cargo on Ship That Hit Baltimore Bridge Included Some Hazardous Materials

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The cargo ship that caused the Baltimore bridge collapse was carrying hazardous materials, the National Transportation Safety Board said. NTSB Chair Jennifer Homendy said there are 56 containers aboard containing hazardous materials, including corrosives, flammables and lithium ion batteries. She …

1 04, 2024

Xi Says US CEOs Should Invest in China, Economy Hasn’t Peaked

By | April 1st, 2024|Uncategorized|Comments Off on Xi Says US CEOs Should Invest in China, Economy Hasn’t Peaked

President Xi Jinping met with a group of American business leaders in Beijing including Blackstone Inc.’s Stephen Schwarzman and Qualcomm Inc.’s Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on …

1 04, 2024

Russia’s Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages

By | April 1st, 2024|Uncategorized|Comments Off on Russia’s Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages

Russia’s Baltika Breweries has sued four Carlsberg subsidiaries for damages amounting to 6.24 billion Danish crowns ($902 million), Russian court filings showed, as the two parties fight over the future of Russia’s largest brewer. Moscow took control of Carlsberg’s stake …