News Archives - Insurance Journal

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22 09, 2023

Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet

By | September 22nd, 2023|Uncategorized|Comments Off on Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet

Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. The networking giant will pay $157 a share …

22 09, 2023

NC Family Sues Google After Man Drove off Collapsed Bridge Following Map Directions

By | September 22nd, 2023|Uncategorized|Comments Off on NC Family Sues Google After Man Drove off Collapsed Bridge Following Map Directions

RALEIGH, N.C. (AP) — The family of a North Carolina man who died after driving his car off a collapsed bridge while following Google Maps directions is suing the technology giant for negligence, claiming it had been informed of the …

22 09, 2023

Viewpoint: Solving Systemic Risk Is the Cyber Market’s Number One Priority

By | September 22nd, 2023|Uncategorized|Comments Off on Viewpoint: Solving Systemic Risk Is the Cyber Market’s Number One Priority

The Grange Pub in Cardiff is a typical modern British tavern. A short stroll from the city centre, it’s busy most days of the week. Weekends are packed, especially for Sunday lunch. In March 2020 all that stopped. Government lockdown …

22 09, 2023

Murdaugh Pleads to Federal Charges for Skimming Settlement Funds from Clients

By | September 22nd, 2023|Uncategorized|Comments Off on Murdaugh Pleads to Federal Charges for Skimming Settlement Funds from Clients

For the first time, Alex Murdaugh has admitted in federal court that he committed 22 counts of financial fraud and money laundering. Murdaugh, a well-known South Carolina attorney who said he was addicted to opioids, is already serving life without …

22 09, 2023

First Private US Passenger Rail Line in a Century Launches in Florida. Safety is a Concern

By | September 22nd, 2023|Uncategorized|Comments Off on First Private US Passenger Rail Line in a Century Launches in Florida. Safety is a Concern

MIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday when Florida’s Brightline begins running trains between Miami and Orlando, reaching speeds of 125 mph (200 …

22 09, 2023

California Commissioner Announces Strategy to Improve Insurance Market Conditions

By | September 22nd, 2023|Uncategorized|Comments Off on California Commissioner Announces Strategy to Improve Insurance Market Conditions

California Insurance Commissioner Ricardo Lara announced a package of executive actions to improve insurance choices and protect Californians from increasing climate threats. The California Department of Insurance is calling it the largest insurance reform since voters passed Proposition 103 nearly …

22 09, 2023

Storm Could Bring Winds, Storm Surge to Carolina, Virginia

By | September 22nd, 2023|Uncategorized|Comments Off on Storm Could Bring Winds, Storm Surge to Carolina, Virginia

A potential tropical storm, so far unnamed, was predicted to make landfill in North Carolina Saturday, then push across eastern Virginia and Maryland by Sunday. The storm was off the coast of South Carolina and North Carolina with top sustained …

22 09, 2023

Two Killed When Pickup Hits Amish Buggy in Upstate New York

By | September 22nd, 2023|Uncategorized|Comments Off on Two Killed When Pickup Hits Amish Buggy in Upstate New York

ALEXANDRIA, N.Y. (AP) — A pickup truck struck the back of an Amish buggy in northern New York, killing two children who were 1 and 3 years old and injuring four others, police said Thursday. A pickup truck driven by …

22 09, 2023

FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds

By | September 22nd, 2023|Uncategorized|Comments Off on FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds

The managers of bankrupt crypto exchange FTX sued the parents of co-founder and former Chief Executive Officer Sam Bankman-Fried to “recover millions of dollars in fraudulently transferred and misappropriated funds.” Allan Joseph Bankman and Barbara Fried allegedly exploited their access …

22 09, 2023

Railroads Work to Make Sure First Responders Can Quickly Look Up What is on a Train After a Derailment

By | September 22nd, 2023|Uncategorized|Comments Off on Railroads Work to Make Sure First Responders Can Quickly Look Up What is on a Train After a Derailment

OMAHA, Neb. (AP) – In the chaos after a Norfolk Southern train careened off the tracks and caught fire in eastern Ohio in February, it took roughly 45 minutes for firefighters to learn exactly which chemicals were involved. Now the …