News Archives - Insurance Journal

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4 11, 2024

Despite Recent Backlash, Nearly 60% of U.S. Workers Support Current DEI Policies

By | November 4th, 2024|Uncategorized|Comments Off on Despite Recent Backlash, Nearly 60% of U.S. Workers Support Current DEI Policies

While recent events have put corporate America’s diversity efforts on defense, the programs continue to receive strong support from employees, according to new research from The Conference Board. The survey gauges employees’ and executives’ perceptions of DEI initiatives and backlash. …

4 11, 2024

SEC Says JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M

By | November 4th, 2024|Uncategorized|Comments Off on SEC Says JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M

JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said on Thursday. The settlements include $61 million of …

1 11, 2024

Retrial Begins in Civil Suit Against Contractor Accused in Abu Ghraib Prison Scandal

By | November 1st, 2024|Uncategorized|Comments Off on Retrial Begins in Civil Suit Against Contractor Accused in Abu Ghraib Prison Scandal

A military contractor accused of contributing to the abuse of detainees at Iraq’s Abu Ghraib prison two decades ago is again on trial in a federal courtroom after a long-awaited civil case earlier this year ended with a hung jury. …

1 11, 2024

Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels

By | November 1st, 2024|Uncategorized|Comments Off on Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels

Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it. Due to rising trends in the frequency and severity of weather-related losses and in …

1 11, 2024

Regional Banks With Florida Operations Brace for Loan Defaults After Hurricanes

By | November 1st, 2024|Uncategorized|Comments Off on Regional Banks With Florida Operations Brace for Loan Defaults After Hurricanes

Several regional lenders allocated loan-loss provisions in the third quarter to cover potential defaults by borrowers grappling with recent hurricanes, primarily in Florida, highlighting the risks extreme weather and climate change pose to banks. Two devastating hurricanes struck the Sunshine …

1 11, 2024

Ed Sheeran Beats Copyright Appeal Over ‘Thinking Out Loud’ Song

By | November 1st, 2024|Uncategorized|Comments Off on Ed Sheeran Beats Copyright Appeal Over ‘Thinking Out Loud’ Song

Ed Sheeran, his record label Warner Music WMG.O and music publisher Sony Music Publishing 6758.T persuaded a U.S. appeals court on Friday to uphold a decision that his 2014 hit “Thinking Out Loud” did not illegally copy Marvin Gaye’s 1973 …

1 11, 2024

Texas Assisted Living Facility Fined for Firing Nurse With Sleep Disorder

By | November 1st, 2024|Uncategorized|Comments Off on Texas Assisted Living Facility Fined for Firing Nurse With Sleep Disorder

VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, will pay $80,000 and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) disability discrimination and retaliation lawsuit, the federal agency announced today. According …

1 11, 2024

Texas Pecan Farmers Fight to Save Water Suply

By | November 1st, 2024|Uncategorized|Comments Off on Texas Pecan Farmers Fight to Save Water Suply

FORT STOCKTON — Zachary Swick plucked a pecan from one of the 78,000 trees at a sprawling West Texas farm — a rare sight in the desert known for oil rigs and pump jacks. He peeled away the pecan’s layers, …

1 11, 2024

Judge Dismisses Lawsuit Against Minnesota Trooper in Fatal Shooting of Black Man

By | November 1st, 2024|Uncategorized|Comments Off on Judge Dismisses Lawsuit Against Minnesota Trooper in Fatal Shooting of Black Man

A federal judge has dismissed a civil rights lawsuit against a white Minnesota state trooper who shot and killed a Black man during a traffic stop last year, ruling that the trooper’s actions did not violate the law. On Wednesday, …

1 11, 2024

Data Centers Will Have to Make Minimum Power Payments in Ohio

By | November 1st, 2024|Uncategorized|Comments Off on Data Centers Will Have to Make Minimum Power Payments in Ohio

Big data centers in Ohio will have to pay a minimum of 85% of the energy they need to cover the costs of grid improvements under a settlement submitted Wednesday by one of the state’s largest utilities. The pact was …