News Archives - Insurance Journal

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31 12, 2025

Target, Walmart, Whole Foods Targeted in Botulism Suits

By | December 31st, 2025|Uncategorized|Comments Off on Target, Walmart, Whole Foods Targeted in Botulism Suits

Target Corp., Whole Foods Market and Walmart Inc. will be added as defendants in lawsuits against baby formula maker ByHeart for selling a product potentially contaminated with spores that cause infant botulism. Bill Marler, a prominent foodborne-illness attorney who is …

31 12, 2025

Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites

By | December 31st, 2025|Uncategorized|Comments Off on Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites

Goldman Sachs Group Inc. is co-leading financing for a Texas project to build private power campuses for artificial intelligence. The New York banking giant is working with real estate advisory Newmark Group Inc. to raise both equity and credit for …

2 01, 2026

US Lifts Sanctions on Trio Accused of Work on ‘Predator’ Spyware

By | January 2nd, 2026|Uncategorized|Comments Off on US Lifts Sanctions on Trio Accused of Work on ‘Predator’ Spyware

The US government has lifted sanctions on three people who it previously accused of aiding in the proliferation of “Predator” spyware, a sophisticated surveillance technology that’s allegedly been used against Americans. The Department of Treasury’s removal of the business bans …

31 12, 2025

Hawaii Hopes New Laws Will Quiet Illegal Fireworks After Deadly New Year’s Eve Blast

By | December 31st, 2025|Uncategorized|Comments Off on Hawaii Hopes New Laws Will Quiet Illegal Fireworks After Deadly New Year’s Eve Blast

Mike Lambert heard fewer illegal fireworks exploding in his suburban Honolulu neighborhood in the months after a chain of blasts at a house party last New Year’s Eve led to the deaths of six people, including a 3-year-old boy. As …

2 01, 2026

Labor Board Abandons One of Its Cases Against Musk’s SpaceX

By | January 2nd, 2026|Uncategorized|Comments Off on Labor Board Abandons One of Its Cases Against Musk’s SpaceX

The US labor board is abandoning a complaint over SpaceX’s severance and arbitration policies, resolving one front of a sprawling legal battle between the agency and Elon Musk’s aerospace company. In a Dec. 18 joint motion, attorneys for both SpaceX …

31 12, 2025

Brown University Faces US Probe Over Security After Deadly Shooting

By | December 31st, 2025|Uncategorized|Comments Off on Brown University Faces US Probe Over Security After Deadly Shooting

Brown University placed its campus police chief on administrative leave and the Trump administration announced an investigation into the school’s security measures after a shooting rampage this month that killed two students and injured nine others. The Education Department’s Office …

31 12, 2025

Fight Over Trump’s $100,000 H-1B Visa Fee Moves to Appeals Court

By | December 31st, 2025|Uncategorized|Comments Off on Fight Over Trump’s $100,000 H-1B Visa Fee Moves to Appeals Court

The US Chamber of Commerce is appealing a federal court’s refusal to block the Trump administration’s $100,000 fee on applications for H-1B visas that are heavily relied on by American technology companies for hiring skilled foreign workers. The national business …

31 12, 2025

Report: California Comp Combined Ratio for 2024 Highest in 20-Plus Years

By | December 31st, 2025|Uncategorized|Comments Off on Report: California Comp Combined Ratio for 2024 Highest in 20-Plus Years

After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for accident year 2024 rose by 9 points and the combined ratio for accident year 2024 rose by 12 points—the highest …

31 12, 2025

Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year

By | December 31st, 2025|Uncategorized|Comments Off on Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year

Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging …

2 01, 2026

People Moves: Alliant Hires Johnson as EVP in M&A Specialty

By | January 2nd, 2026|Uncategorized|Comments Off on People Moves: Alliant Hires Johnson as EVP in M&A Specialty

Alliant Insurance Services hired Adam Johnson as executive vice president within Alliant Specialty. Based in the San Francisco Bay Area, Johnson has experience in insuring venture capital and private equity funds, along with their portfolio companies. He develops strategic risk …