News Archives - Insurance Journal

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17 08, 2023

Homeowners Had Issues with Hot Water Tank Before Deadly Blast in Pennsylvania

By | August 17th, 2023|Uncategorized|Comments Off on Homeowners Had Issues with Hot Water Tank Before Deadly Blast in Pennsylvania

The owners of a home that exploded in western Pennsylvania last weekend were having issues with their hot water tank, authorities said, but the cause of the blast that killed five people — including two municipal officials —remains under investigation. …

17 08, 2023

Woman Sues Food Emporium After Prosciutto Slip ‘n Fall

By | August 17th, 2023|Uncategorized|Comments Off on Woman Sues Food Emporium After Prosciutto Slip ‘n Fall

A woman who fractured her left ankle during a trip with her husband to the Italian food emporium Eataly in Boston last year is blaming her injury on a piece of ham. Alice Cohen was heading to an area where …

17 08, 2023

Pennsylvania Study Suggests Links Between Fracking and Asthma, Lymphoma in Children

By | August 17th, 2023|Uncategorized|Comments Off on Pennsylvania Study Suggests Links Between Fracking and Asthma, Lymphoma in Children

Children who lived closer to natural gas wells in heavily drilled Pennsylvania were more likely to develop a relatively rare form of cancer, and nearby residents of all ages had an increased chance of severe asthma reactions, researchers said in …

17 08, 2023

Towerstone Acquires Fortuna General Insurance Agency in California

By | August 17th, 2023|Uncategorized|Comments Off on Towerstone Acquires Fortuna General Insurance Agency in California

Towerstone acquired Fortuna General Insurance in Simi Valley, California. The partnership allows the company to take advantage of Fortuna’s wide array of carrier and broker relationships and its expertise in the property insurance market. Fortuna will operate as Fortuna General …

17 08, 2023

Legal, Ethical Questions on Autopilot Endure as Criminal Case Against Tesla Driver Ends

By | August 17th, 2023|Uncategorized|Comments Off on Legal, Ethical Questions on Autopilot Endure as Criminal Case Against Tesla Driver Ends

A criminal prosecution against a Tesla driver in Los Angeles County could end next month, the final step of a case believed to be the first time in the U.S. prosecutors brought felony charges against a motorist who was using …

17 08, 2023

Legal & General’s CEO Says UK Must Speed Up Reforms to Lure Investors

By | August 17th, 2023|Uncategorized|Comments Off on Legal & General’s CEO Says UK Must Speed Up Reforms to Lure Investors

The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc Chief Executive Officer Nigel Wilson. The Mansion House speeches on policy reforms in July have been very positive, but the government needs …

17 08, 2023

Latin Americans Fall Prey to More Online Scams, Cyber Attacks

By | August 17th, 2023|Uncategorized|Comments Off on Latin Americans Fall Prey to More Online Scams, Cyber Attacks

Gabriella Batalha didn’t think much when she noticed she had been logged out of Instagram – until the next day when she found her account overrun with sensational posts touting high-yield cryptocurrency investments. To recover her account, the 27-year-old lawyer …

17 08, 2023

Swiss Tunnel to Partially Reopen for Freight Transport as Supply Chain Backs Up

By | August 17th, 2023|Uncategorized|Comments Off on Swiss Tunnel to Partially Reopen for Freight Transport as Supply Chain Backs Up

Switzerland’s Gotthard tunnel will partially reopen for freight transport next week after a derailed train blocked one of its two tubes, though the critical route won’t return to full operability for several months. Passenger trains will continue to be diverted …

17 08, 2023

Financial Services Firms ‘Largely Blind’ to Exposures From Nature-Related Risks: Report

By | August 17th, 2023|Uncategorized|Comments Off on Financial Services Firms ‘Largely Blind’ to Exposures From Nature-Related Risks: Report

Most financial firms aren’t assessing their portfolio exposure to nature-related risks with the same urgency they use to measure climate impacts, a shortcoming that could lead to higher costs, litigation and a hit to reputations, according to a new report. …

17 08, 2023

Cargo Thieves Target Electronics, Chemicals, Pharmaceuticals: German Insurance Study

By | August 17th, 2023|Uncategorized|Comments Off on Cargo Thieves Target Electronics, Chemicals, Pharmaceuticals: German Insurance Study

German transport insurers report a significant increase in stolen goods – with thieves targeting electronic devices as well as chemical and pharmaceutical products. Every 20 minutes, goods are stolen from a truck, according to a study from the German Insurance …