News Archives - Insurance Journal

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6 12, 2022

Russia Oil Sanctions Fuel Boom for Old Tankers

By | December 6th, 2022|Uncategorized|Comments Off on Russia Oil Sanctions Fuel Boom for Old Tankers

The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in Russian crude. As Western shipping and maritime services firms steer clear of Russian oil to avoid falling foul of …

6 12, 2022

Heightened Penalties for Arson, Retail Theft in North Carolina Now in Effect

By | December 6th, 2022|Uncategorized|Comments Off on Heightened Penalties for Arson, Retail Theft in North Carolina Now in Effect

Tougher penalties for certain types of arsons and large-scale thefts at stores in North Carolina are among all or portions of 10 new state laws approved by the General Assembly this year that will take effect on Thursday. The enacted …

6 12, 2022

Eruption of Indonesia’s Highest Volcano Buries Homes, Destroys Bridge

By | December 6th, 2022|Uncategorized|Comments Off on Eruption of Indonesia’s Highest Volcano Buries Homes, Destroys Bridge

SUMBERWULUH, Indonesia (AP) – Improved weather conditions Monday allowed rescuers to resume evacuation efforts and a search for possible victims after the highest volcano on Indonesia’s most densely populated island erupted, triggered by monsoon rains. Mount Semeru in Lumajang district …

6 12, 2022

Russian State-Owned Bank VTB Hit by Massive Distributed-Denial-of-Service Attack

By | December 6th, 2022|Uncategorized|Comments Off on Russian State-Owned Bank VTB Hit by Massive Distributed-Denial-of-Service Attack

Russia’s No. 2 bank VTB was hit by the largest cyber attack in its history, it said on Tuesday, warning of temporary difficulties in accessing its mobile app and website, but assuring customers that their data remained safe. State-owned VTB …

6 12, 2022

Turkey’s Proof-of-Insurance Rule Ensnares Russian Oil Shipments

By | December 6th, 2022|Uncategorized|Comments Off on Turkey’s Proof-of-Insurance Rule Ensnares Russian Oil Shipments

Oil shipments from Russia and Kazakhstan are getting ensnared in a Turkish government rule to provide proof that tankers are insured when navigating the vital Bosphorus and Dardanelles shipping straits. The measure, which came into force on Friday, compels ships …

6 12, 2022

SUV crashes into Florida Fireworks Store, Sparking Huge Fire

By | December 6th, 2022|Uncategorized|Comments Off on SUV crashes into Florida Fireworks Store, Sparking Huge Fire

A Florida man drove his SUV into a fireworks store last week, sparking a huge fire in a crash that destroyed the building, authorities said. The driver was killed. The 53-year-old driver had rear-ended another vehicle before plowing into the …

7 12, 2022

Trial Begins Over Death of Woman Killed in Utah Park

By | December 7th, 2022|Uncategorized|Comments Off on Trial Begins Over Death of Woman Killed in Utah Park

Ludovic Michaud was driving around the scenic red rock landscapes of Utah’s Arches National Park on a windy spring day in 2020 when something unthinkable happened: A metal gate whipped around, sliced through the passenger door of his car and …

6 12, 2022

New Mexico Approves Decrease in Workers’ Comp Loss Costs

By | December 6th, 2022|Uncategorized|Comments Off on New Mexico Approves Decrease in Workers’ Comp Loss Costs

The New Mexico Office of Superintendent of Insurance approved a rate proposal submitted by the National Council on Compensation Insurance that will reduce voluntary workers’ compensation loss costs by an average of 10.7%, to become effective for policies renewing on …

6 12, 2022

Texas Leaders Diverge on How to Fix Power Grid

By | December 6th, 2022|Uncategorized|Comments Off on Texas Leaders Diverge on How to Fix Power Grid

The legislative session is more than a month away, but fault lines are already emerging between Texas’ top two Republican leaders on two major issues. Both Gov. Greg Abbott and Lt. Gov. Dan Patrick want to use the state’s massive …

6 12, 2022

Apple Sued By Women Who Say AirTag Lets Stalkers Track Victims

By | December 6th, 2022|Uncategorized|Comments Off on Apple Sued By Women Who Say AirTag Lets Stalkers Track Victims

Apple Inc. has been sued by two women who said its AirTag devices have made it easier for their former partners and other stalkers to track down victims. In a proposed class action filed on Monday in San Francisco federal …