News Archives - Insurance Journal

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10 07, 2025

6 Firefighters Injured Battling Fire in 3-Story Building in New Jersey

By | July 10th, 2025|Uncategorized|Comments Off on 6 Firefighters Injured Battling Fire in 3-Story Building in New Jersey

Six firefighters suffered minor injuries in a blaze Thursday that partially collapsed a three-story building in a New Jersey neighborhood, authorities said. The fire in Jersey City, which started at about 1:30 a.m., also spread to nearby buildings, displacing some …

10 07, 2025

US Chamber Report Examines Copyright Value and Piracy Harms

By | July 10th, 2025|Uncategorized|Comments Off on US Chamber Report Examines Copyright Value and Piracy Harms

Copyright protections don’t just help individuals, they hold up a good part of the U.S. economy, according to a report from the U.S. Chamber of Commerce. The U.S. Chamber of Commerce’s 2023 report highlights industries like architecture, software, music, publishing, …

10 07, 2025

US Sanctions Target North Korean Fake-Tech-Worker Scheme

By | July 10th, 2025|Uncategorized|Comments Off on US Sanctions Target North Korean Fake-Tech-Worker Scheme

The US slapped sanctions on individuals and companies linked to a scheme that involves recruiting North Koreans to pose as American tech workers and help fund Kim Jong Un’s regime. The Treasury Department’s Office of Foreign Assets Control imposed penalties …

10 07, 2025

What Flood Insurance Does and Does Not Cover

By | July 10th, 2025|Uncategorized|Comments Off on What Flood Insurance Does and Does Not Cover

Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a major storm devastates their homes, businesses and communities. That’s …

10 07, 2025

People Moves: McLarens Appoints Miller as Chief Global Strategy Officer

By | July 10th, 2025|Uncategorized|Comments Off on People Moves: McLarens Appoints Miller as Chief Global Strategy Officer

Global claims services provider McLarens has appointed Danny Miller as Chief Global Strategy Officer (CGSO), a newly created role within the firm’s Global Management Team (GMT). This strategic addition to the leadership team reflects McLarens’ continued growth and commitment to …

10 07, 2025

Michigan Nursing Homes to Pay $4.5M Settlement Over Substandard Care Allegations

By | July 10th, 2025|Uncategorized|Comments Off on Michigan Nursing Homes to Pay $4.5M Settlement Over Substandard Care Allegations

Michigan Attorney General Dana Nessel announced a $4.5 million settlement with six Detroit-area nursing homes and their ownership companies, Villa Financial Services LLC and Villa Olympia Investment LLC, over allegations that they accepted taxpayer funds while providing grossly substandard care …

10 07, 2025

Deadly History of Flooding in ‘Flash Flood Alley’ Along Guadalupe River

By | July 10th, 2025|Uncategorized|Comments Off on Deadly History of Flooding in ‘Flash Flood Alley’ Along Guadalupe River

Cindy Manley was a summer camp counselor in 1987 when a different devastating flood scarred the Texas Hill Country. The Heart O’ the Hills camp is on the Guadalupe River, where a massive search continues for more than 160 people …

9 07, 2025

Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY

By | July 9th, 2025|Uncategorized|Comments Off on Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY

Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to detect fraud and misstatements that contributed to the Toronto private lender’s collapse. In a claim filed with Ontario’s Superior Court …

9 07, 2025

Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients

By | July 9th, 2025|Uncategorized|Comments Off on Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients

Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders. These new offerings include a complimentary one-hour call with an experienced cyber and data risk lawyer from Markel Law to …

9 07, 2025

Online Ticket Seller to Pay $85K for Violating Connecticut’s New Data Privacy Law

By | July 9th, 2025|Uncategorized|Comments Off on Online Ticket Seller to Pay $85K for Violating Connecticut’s New Data Privacy Law

Connecticut Attorney General William Tong announced a settlement with TicketNetwork, Inc. as a result of an investigation into violations of the Connecticut Data Privacy Act. Under the settlement, TicketNetwork has agreed to comply with the requirements of the CTDPA, maintain …