News Archives - Insurance Journal

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1 09, 2023

NFL Player’s Home Explosion Caused by Natural Gas, Authorities Say

By | September 1st, 2023|Uncategorized|Comments Off on NFL Player’s Home Explosion Caused by Natural Gas, Authorities Say

Fire investigators have determined that a natural gas explosion destroyed Tennessee Titans cornerback Caleb Farley’s North Carolina home, killing the NFL player’s father and injuring a family friend, officials announced Tuesday. It wasn`t clear where the gas leak originated, and …

31 08, 2023

King Insurance Partners Adds Hartley to the Team in Florida

By | August 31st, 2023|Uncategorized|Comments Off on King Insurance Partners Adds Hartley to the Team in Florida

King Insurance Partners, a brokerage based in Gainesville, Florida, has acquired Hartley Insurance Services, the firms announced this week. Hartley, with offices in Port Orange, Florida, was founded in 2012 by Paul Hartley. He will remain in charge of its …

31 08, 2023

FBI, European Partners Seize Major Malware Network in Blow to Global Cybercrime

By | August 31st, 2023|Uncategorized|Comments Off on FBI, European Partners Seize Major Malware Network in Blow to Global Cybercrime

U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major malware network used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks. They then remotely …

31 08, 2023

Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers

By | August 31st, 2023|Uncategorized|Comments Off on Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers

Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for …

31 08, 2023

India’s Reliance Hunts for CEO of Jio Financial Services’ Newly Created Insurance Biz

By | August 31st, 2023|Uncategorized|Comments Off on India’s Reliance Hunts for CEO of Jio Financial Services’ Newly Created Insurance Biz

Reliance Industries Ltd. is in discussions with global and domestic executive headhunters to find a leader for Jio Financial Services Ltd.’s newly created insurance business, according to people familiar with the matter. Executives from Reliance have met several firms in …

31 08, 2023

NFL-Style Lawsuit and Brain-Injury Concerns Hang Over Rugby World Cup

By | August 31st, 2023|Uncategorized|Comments Off on NFL-Style Lawsuit and Brain-Injury Concerns Hang Over Rugby World Cup

Alix Popham traveled the world as a rugby player. He played 33 times for Wales and competed at two Rugby World Cups, and even got to meet Nelson Mandela before a match in South Africa. Or so he’s told. He …

31 08, 2023

Investors Call on Proxy Adviser ISS to Overhaul its Net-zero Proxy Advice

By | August 31st, 2023|Uncategorized|Comments Off on Investors Call on Proxy Adviser ISS to Overhaul its Net-zero Proxy Advice

More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies to decarbonize faster, saying its policies had failed to keep pace with rising climate change risks. Institutional Shareholder Services (ISS) …

31 08, 2023

Australia Settles Lawsuit Over Climate-Related Systemic Risks to Sovereign Bonds

By | August 31st, 2023|Uncategorized|Comments Off on Australia Settles Lawsuit Over Climate-Related Systemic Risks to Sovereign Bonds

The Australian government has agreed to settle a class action lawsuit which alleged it had failed to disclose climate change-related risks to investors in the country’s sovereign bonds, court filings showed. The terms of the settlement, if approved by the …

31 08, 2023

Cleanup Begins After Hurricane Idalia Hits Gulf Coast

By | August 31st, 2023|Uncategorized|Comments Off on Cleanup Begins After Hurricane Idalia Hits Gulf Coast

Cleanup and recovery from Hurricane Idalia began on Thursday along Florida’s Gulf Coast, where property damage, loss of life and power disruptions paled in comparison to the last major hurricane that struck the state nearly a year ago. Idalia crashed …

31 08, 2023

Slovenia Estimates €7 Billion Price Tag for Reconstruction After Floods

By | August 31st, 2023|Uncategorized|Comments Off on Slovenia Estimates €7 Billion Price Tag for Reconstruction After Floods

Rebuilding from this month’s floods in Slovenia will cost €7 billion ($7.6 billion) over the next five years, Prime Minister Robert Golob said. The government is preparing new legislation to serve as a road map for reconstruction after the worst …