News Archives - Insurance Journal

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8 12, 2025

Florida Republicans Urge Trump to Back Off Offshore Drilling

By | December 8th, 2025|Uncategorized|Comments Off on Florida Republicans Urge Trump to Back Off Offshore Drilling

Florida’s Republican-dominated congressional delegation is urging the Trump administration to drop a plan that would allow new oil drilling for the first time in decades off the state’s coast. A letter signed by Republican Sens. Rick Scott and Ashley Moody …

8 12, 2025

Demystifying the Data Landscape: Lake, Warehouse and Lakehouse Explained

By | December 8th, 2025|Uncategorized|Comments Off on Demystifying the Data Landscape: Lake, Warehouse and Lakehouse Explained

The race to apply artificial intelligence in property/casualty insurance often hits a wall, not because of algorithms but because of confusion over data foundations. “Data Lake,” “Data Warehouse” and “Data Lakehouse” may sound interchangeable, but each plays a very different …

8 12, 2025

Pierce Named CEO of GEICO as Combs Resigns

By | December 8th, 2025|Uncategorized|Comments Off on Pierce Named CEO of GEICO as Combs Resigns

Berkshire Hathaway Inc. today announced Nancy L. Pierce will be GEICO’s new chief executive officer. Pierce was most recently chief operating officer at the major U.S. auto insurer. “Nancy knows the business inside and out. She’s practical, decisive and focused …

8 12, 2025

San Diego Considers $30M Settlement in Shooting Death of Black Teen

By | December 8th, 2025|Uncategorized|Comments Off on San Diego Considers $30M Settlement in Shooting Death of Black Teen

The San Diego city attorney’s office has agreed to pay $30 million to the family of a 16-year-old youth who was fatally shot by police last January in what would be one of the largest settlements of a police-involved killing …

8 12, 2025

Federal Funding Shortage Delays Progress on ‘Ike Dike’ Project in Texas Gulf Coast

By | December 8th, 2025|Uncategorized|Comments Off on Federal Funding Shortage Delays Progress on ‘Ike Dike’ Project in Texas Gulf Coast

The district charged with overseeing the construction of a massive set of gates across the mouth of Galveston Bay — known as the “Ike Dike” — announced last week that it has approved contracts with two global engineering firms to …

8 12, 2025

OSHA Fines Korean Construction Firm $20,000 After Georgia Worker’s Death

By | December 8th, 2025|Uncategorized|Comments Off on OSHA Fines Korean Construction Firm $20,000 After Georgia Worker’s Death

Following the death of a worker at a Georgia solar systems plant in May, a federal safety agency has cited a construction firm for serious violations. But the fine levied against Hyoungwon E&C America is only about $20,000, an amount …

5 12, 2025

Apartment Building Fires Displace 70 Massachusetts Families; No Injuries Reported

By | December 5th, 2025|Uncategorized|Comments Off on Apartment Building Fires Displace 70 Massachusetts Families; No Injuries Reported

Both of the apartment building fires that displaced 70 families in Holyoke this week appear to be accidental but the exact causes remain under investigation, according to city and state fire officials. Holyoke Fire Chief John Kadlewicz and State Fire …

5 12, 2025

Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom

By | December 5th, 2025|Uncategorized|Comments Off on Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom

Cloudflare Inc. said it has fixed a problem that led to the websites for several banks, Shopify, Zoom and LinkedIn to go down Friday. “A fix has been implemented and we are monitoring the results,” the San Francisco-based company said …

5 12, 2025

Will it Take a Catastrophe for Nations to Take Issue of Space Debris Seriously?

By | December 5th, 2025|Uncategorized|Comments Off on Will it Take a Catastrophe for Nations to Take Issue of Space Debris Seriously?

China routinely sends astronauts to and from its space station Tiangong. A crew capsule is about to undock from the station and return to Earth, but there’s nothing routine about its journey home. The Shenzhou-20 capsule will carry no crew, …

5 12, 2025

Standard Chartered Settles £1.5 Billion Iranian Sanction Suit in London

By | December 5th, 2025|Uncategorized|Comments Off on Standard Chartered Settles £1.5 Billion Iranian Sanction Suit in London

Standard Chartered Plc has settled an investor lawsuit worth £1.5 billion ($2 billion) over allegations it systematically breached sanctions against Iran to win new business. In a London Court of Appeal ruling over disclosure published on Friday, the judge acknowledged …