News Archives - Insurance Journal

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29 08, 2023

El Niño Likely to Develop Between Sept and Nov, Australian Weather Bureau Says

By | August 29th, 2023|Uncategorized|Comments Off on El Niño Likely to Develop Between Sept and Nov, Australian Weather Bureau Says

Australia’s weather bureau said on Tuesday that sea surface temperatures in the tropical Pacific were rising and an El Niño weather event, which typically brings hotter, drier weather, would likely develop between September and November. El Niño is associated with …

29 08, 2023

Removing Fukushima’s Melted Nuclear Fuel Will Be Harder Than Wastewater Release

By | August 29th, 2023|Uncategorized|Comments Off on Removing Fukushima’s Melted Nuclear Fuel Will Be Harder Than Wastewater Release

At a small section of the Fukushima Daiichi nuclear plant’s central control room, the treated water transfer switch is on. A graph on a computer monitor nearby shows a steady decrease of water levels as treated radioactive wastewater is diluted …

29 08, 2023

Aston Lark Acquires UK Broker Curtis Marine

By | August 29th, 2023|Uncategorized|Comments Off on Aston Lark Acquires UK Broker Curtis Marine

Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine practice, trading under the Haven Knox-Johnston name. The …

29 08, 2023

2023 to Test Recent Growth in Private Flood Insurance Market

By | August 29th, 2023|Uncategorized|Comments Off on 2023 to Test Recent Growth in Private Flood Insurance Market

The private flood insurance market has been growing but 2023 may provide a real test following Tropical Storm Hilary in California as well as future storms that may come during the remainder of the Atlantic hurricane season. According to AM …

29 08, 2023

Student Pilot, Instructor Killed in Maine Plane Crash Identified

By | August 29th, 2023|Uncategorized|Comments Off on Student Pilot, Instructor Killed in Maine Plane Crash Identified

Authorities identified the two people killed in a Maine plane crash as a flight instructor and student. The Beechcraft cargo plane crashed in a field in the town of Litchfield last Tuesday. Federal authorities are investigating the cause of the …

29 08, 2023

Hawaiian Electric Calls Maui County’s Wildfire Lawsuit ‘Irresponsible’

By | August 29th, 2023|Uncategorized|Comments Off on Hawaiian Electric Calls Maui County’s Wildfire Lawsuit ‘Irresponsible’

Hawaiian Electric HE.N said on the lawsuit filed against it by the county of Maui was “factually and legally irresponsible,” pointing to the county’s responsibility in the Hawaii wildfires. The company’s shares jumped 30.2% to $12.58 in premarket trading. The …

29 08, 2023

Jury in California Awards $3.75M to Protester Hit by Hard-Foam Projectiles

By | August 29th, 2023|Uncategorized|Comments Off on Jury in California Awards $3.75M to Protester Hit by Hard-Foam Projectiles

A jury awarded $3.75 million in damages this week to a protester shot twice with hard-foam projectiles fired by Los Angeles police during demonstrations in 2020. Jurors ruled that the LA Police Department was negligent when one or more of …

25 08, 2023

Two British Teens and Their Audacious Hack of Nvidia, Grand Theft Auto and Uber

By | August 25th, 2023|Uncategorized|Comments Off on Two British Teens and Their Audacious Hack of Nvidia, Grand Theft Auto and Uber

At 9 p.m. on Sept. 22 last year, a group of City of London police officers waited outside room M15 at the Travelodge Bicester, a one-star budget hotel in Oxfordshire, England, for the right moment to bust in. On the …

25 08, 2023

Why Is Japan Releasing Treated Radioactive Water and Is it Safe?

By | August 25th, 2023|Uncategorized|Comments Off on Why Is Japan Releasing Treated Radioactive Water and Is it Safe?

Japan began pumping more than a million metric tons of treated radioactive water from the destroyed Fukushima Daiichi nuclear power plant on Thursday, a process that will take decades to complete. The water was distilled after being contaminated from contact …

25 08, 2023

Tesla Investors to Get About $12,000 Apiece in Musk’s SEC Deal

By | August 25th, 2023|Uncategorized|Comments Off on Tesla Investors to Get About $12,000 Apiece in Musk’s SEC Deal

A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the carmaker private at $420 a share …