News Archives - Insurance Journal

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15 08, 2023

Markets/Coverages: Chubb Launches Vehicle Tracking System in UK to Stymie Car Theft

By | August 15th, 2023|Uncategorized|Comments Off on Markets/Coverages: Chubb Launches Vehicle Tracking System in UK to Stymie Car Theft

Chubb has launched a vehicle tracking system in the UK to help protect the insurer’s customers from car theft. With criminals now often targeting high-value vehicles – particularly “keyless” models – Chubb S5 Vehicle Tracker and Chubb S5 Vehicle Tracker …

15 08, 2023

Broken Wheel Causes Derailment of Train Blocking Swiss Tunnel

By | August 15th, 2023|Uncategorized|Comments Off on Broken Wheel Causes Derailment of Train Blocking Swiss Tunnel

The derailment that blocked the Gotthard tunnel in Switzerland last week was caused by a broken wheel on the freight train, according to investigators. The Swiss Accident Investigation Service said its investigators had found pieces of the train’s wheel at …

15 08, 2023

Increased Vehicle Sales, Search for Lower Rates Boost Auto Insurance Shopping

By | August 15th, 2023|Uncategorized|Comments Off on Increased Vehicle Sales, Search for Lower Rates Boost Auto Insurance Shopping

Auto insurance shopping rates rose 12% year-over-year in the second quarter of 2023, according to a new TransUnion report. While vehicle sales played a role in the increase, TransUnion said in a press release that the search for lower insurance …

15 08, 2023

Don’t Forget About Continuing Ed for Transportation Insurance Professionals

By | August 15th, 2023|Uncategorized|Comments Off on Don’t Forget About Continuing Ed for Transportation Insurance Professionals

In the fast-paced and ever-changing world of insurance, staying up-to-date with industry trends, regulations, and best practices is paramount. For insurance professionals serving the transportation industry, this is even more crucial due to the sector’s unique challenges and complexities. That’s …

15 08, 2023

Clorox Takes Down Some IT Systems After ‘Unauthorized Activity’

By | August 15th, 2023|Uncategorized|Comments Off on Clorox Takes Down Some IT Systems After ‘Unauthorized Activity’

Clorox Co. has taken some of its information technology systems offline after identifying “unauthorized activity” in its computer networks that has disrupted some business operations. The incident is expected to continue to affect some parts of the business operations, the …

15 08, 2023

What Sparks US Wildfires: Power Lines, Burning Trash and Lightning

By | August 15th, 2023|Uncategorized|Comments Off on What Sparks US Wildfires: Power Lines, Burning Trash and Lightning

The fast-moving fire that ripped through Maui’s historic town of Lahaina killed more than 90 people, making it the deadliest US wildfire in more than a century. The cause of the blaze is still under investigation, but power equipment in …

15 08, 2023

Montana Clinic Files for Bankruptcy After $6M False Asbestos Claims Ruling

By | August 15th, 2023|Uncategorized|Comments Off on Montana Clinic Files for Bankruptcy After $6M False Asbestos Claims Ruling

A health clinic in a Montana town plagued by deadly asbestos contamination has filed for bankruptcy protection after a judge ordered it to pay the government almost $6 million in penalties and damages for submitting hundreds of false claims for …

15 08, 2023

Two Dead After Plane Strikes Power Line in North Carolina

By | August 15th, 2023|Uncategorized|Comments Off on Two Dead After Plane Strikes Power Line in North Carolina

Two people died when a small plane struck a power line and crashed into a western North Carolina lake, a city official said. The crash occurred about 11:30 a.m. Sunday on Lake Hickory, said Sarah Killian, a spokesperson for the …

15 08, 2023

ChatGPT-Wary Universities Scramble to Prepare for New School Year

By | August 15th, 2023|Uncategorized|Comments Off on ChatGPT-Wary Universities Scramble to Prepare for New School Year

ChatGPT set the academic world ablaze after it was introduced in November, when the AI chatbot suddenly gave students a hard-to-detect shortcut for completing essays and assignments. Nine months later, as a new school year nears, many universities are still …

15 08, 2023

Wisconsin Corn Mill to Pay $940K Settlement Over Fatal Explosion

By | August 15th, 2023|Uncategorized|Comments Off on Wisconsin Corn Mill to Pay $940K Settlement Over Fatal Explosion

MADISON, Wis. (AP) – A milling company has agreed to pay $940,000 to settle a lawsuit alleging multiple violations at a plant that was the scene of a fatal explosion in 2017, state Justice Department officials announced Wednesday. The Justice …