News Archives - Insurance Journal

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26 03, 2025

New Fire Maps Put Nearly 4M Californians in Hazardous Zones

By | March 26th, 2025|Uncategorized|Comments Off on New Fire Maps Put Nearly 4M Californians in Hazardous Zones

New bursts of yellow dot the hills of Mendocino County. Smears of burnt orange now span the aqueduct near Bakersfield. A fresh splash of crimson juts east of Chico like a fresh wound. With the release of its fourth and …

26 03, 2025

Spain Opens Antitrust Probe Into Generali, Sanitas Agreement

By | March 26th, 2025|Uncategorized|Comments Off on Spain Opens Antitrust Probe Into Generali, Sanitas Agreement

Spain’s antitrust watchdog said on Tuesday it had opened an investigation into Italian insurer Generali and local health insurance provider Sanitas over potential anti-competitive practices. The CNMC watchdog said the probe focused on an agreement signed in October 2022 under …

26 03, 2025

Allianz Global Investors Says It Is Cutting Some Roles

By | March 26th, 2025|Uncategorized|Comments Off on Allianz Global Investors Says It Is Cutting Some Roles

Allianz Global Investors, the smaller of the two asset managers owned by German insurance giant Allianz SE, is cutting some roles as it looks to make changes to its organizational structure. “Some tasks and elements of our operation may no …

26 03, 2025

Kroger Fights Suit by Albertsons Over Failed $24.6 Billion Deal

By | March 26th, 2025|Uncategorized|Comments Off on Kroger Fights Suit by Albertsons Over Failed $24.6 Billion Deal

Kroger Co. is fighting back against a lawsuit brought by Albertsons Cos. over its failed $24.6 billion takeover of the rival grocery chain, escalating a dispute that began after US antitrust enforcers succeeded in blocking the deal last year. Albertsons …

25 03, 2025

Germany Tells Insurers to Vet Private Asset Deals More Carefully

By | March 25th, 2025|Uncategorized|Comments Off on Germany Tells Insurers to Vet Private Asset Deals More Carefully

Germany’s financial watchdog is pushing insurers to step up scrutiny of private credit investments after several firms were stung by losses on loans to real estate companies. BaFin, which oversees more than 500 insurers, is asking 30 to 40 firms …

25 03, 2025

UK Bank StanChart Loses Bid to Cut Shareholders’ $1.9 Billion UK Lawsuit in Half

By | March 25th, 2025|Uncategorized|Comments Off on UK Bank StanChart Loses Bid to Cut Shareholders’ $1.9 Billion UK Lawsuit in Half

Standard Chartered on Tuesday lost a bid to halve the value of a roughly 1.5 billion-pound ($1.94 billion) London lawsuit brought over allegations the lender broke U.S. sanctions against Iran in a more widespread way than it has previously admitted. …

25 03, 2025

‘In a Rush.’ Vineyard Forest Cutting Plan Gets Mixed Reactions. Time Added for Comment.

By | March 25th, 2025|Uncategorized|Comments Off on ‘In a Rush.’ Vineyard Forest Cutting Plan Gets Mixed Reactions. Time Added for Comment.

A project to restore natural woodlands by removing dense white pine plantations in the Manuel F. Correllus State Forest on Martha’s Vineyard is stirring debate among residents, environmentalists, and state officials. Now, in answer to a demand for more community …

25 03, 2025

Alphabet’s Waymo Aims for 2026 Self-Driving Ride-Hailing Launch in D.C.

By | March 25th, 2025|Uncategorized|Comments Off on Alphabet’s Waymo Aims for 2026 Self-Driving Ride-Hailing Launch in D.C.

Alphabet’s self-driving unit Waymo said on Tuesday it aims to launch its fully autonomous ride-hailing service in the U.S. capital city next year. Waymo began moving vehicles to Washington, D.C., in January and will bring more to the city in …

25 03, 2025

EEOC & DOJ Issue Guidance to Workers on Discrimination Related to DEI Programs

By | March 25th, 2025|Uncategorized|Comments Off on EEOC & DOJ Issue Guidance to Workers on Discrimination Related to DEI Programs

On March 19, the U.S. Equal Employment Opportunity Commission (EEOC) and the U.S. Department of Justice (DOJ), jointly issued technical assistance documents “focused on educating the public about unlawful discrimination related to ‘diversity, equity, and inclusion’ (DEI) in the workplace.” …

25 03, 2025

Wildfires in Carolinas Prompt Evacuations as New Jersey Crews Battle Other Blazes

By | March 25th, 2025|Uncategorized|Comments Off on Wildfires in Carolinas Prompt Evacuations as New Jersey Crews Battle Other Blazes

Wildfires forced a mandatory evacuation Sunday in a North Carolina county still recovering from Hurricane Helene, and South Carolina’s governor declared an emergency in response to a growing wildfire in that state. Hundreds of miles north, the New Jersey Forest …