News Archives - Insurance Journal

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18 03, 2025

Teen’s Suicide Turns Mother Against Google, AI Chatbot Startup

By | March 18th, 2025|Uncategorized|Comments Off on Teen’s Suicide Turns Mother Against Google, AI Chatbot Startup

Megan Garcia says her son would still be alive today if it weren’t for a chatbot urging the 14-year-old to take his own life. In a lawsuit with major implications for Silicon Valley, she is seeking to hold Google and …

18 03, 2025

Fourth Member of Gang Sentenced for Thefts of Warhol, Pollock Art and Yogi Berra Rings

By | March 18th, 2025|Uncategorized|Comments Off on Fourth Member of Gang Sentenced for Thefts of Warhol, Pollock Art and Yogi Berra Rings

A Pennsylvania man who was part of a group that stole paintings by Andy Warhol and Jackson Pollock among other valuables was sentenced to eight years in federal prison after pleading guilty to theft of major artwork. Thomas Trotta, 49, …

14 03, 2025

Verisk: Catastrophe Claims in Q4 Double on Late Hurricane Activity

By | March 14th, 2025|Uncategorized|Comments Off on Verisk: Catastrophe Claims in Q4 Double on Late Hurricane Activity

A significant rise in claims from hurricanes rather than winter storms was to blame for a 36% increase in total fourth quarter 2024 claims. A new report from Verisk Analytics found catastrophe claims more than doubled year over year during …

14 03, 2025

Indonesian Fishermen Sue Tuna Giant Bumble Bee, Alleging Abuse in Supply Chain

By | March 14th, 2025|Uncategorized|Comments Off on Indonesian Fishermen Sue Tuna Giant Bumble Bee, Alleging Abuse in Supply Chain

Lawyers representing four Indonesian fishermen who say they were beaten and trapped on vessels that were part of the global supply chain that provided tuna to Bumble Bee Seafoods filed a lawsuit Wednesday against the canned seafood giant. It is …

14 03, 2025

As Chips Race Spews ‘Forever Chemicals,’ Startups Emerge to Destroy Them

By | March 14th, 2025|Uncategorized|Comments Off on As Chips Race Spews ‘Forever Chemicals,’ Startups Emerge to Destroy Them

The battle for artificial intelligence supremacy hinges on microchips. But the semiconductor sector that produces them has a dirty secret: It’s a major source of chemicals linked to cancer and other health problems. Global chip sales surged more than 19% …

14 03, 2025

Europe’s Winter Storms Will Get Worse as Emissions Rise, Study Says

By | March 14th, 2025|Uncategorized|Comments Off on Europe’s Winter Storms Will Get Worse as Emissions Rise, Study Says

Global carbon emissions are amplifying a North Atlantic wind pattern that drives northern Europe’s biggest winter storms, new research shows. According to projections from scientists at the UK’s Met Office and University of Exeter, in a scenario with very high …

14 03, 2025

Delaware Forest Service Warns of Elevated Wildfire Risk

By | March 14th, 2025|Uncategorized|Comments Off on Delaware Forest Service Warns of Elevated Wildfire Risk

Delaware officials are reporting that the ongoing drought and current weather conditions have caused an uptick in wildfires in all three counties. Due to an elevated wildfire risk, the Delaware Forest Service is urging all residents to refrain from outdoor …

14 03, 2025

Tech Sector Sees Softer Insurance Market but Less Comprehensive Policies

By | March 14th, 2025|Uncategorized|Comments Off on Tech Sector Sees Softer Insurance Market but Less Comprehensive Policies

A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from business insurance platform Embroker. Embroker’s 2024 Business Insurance Index: Tech Sector found average errors & omissions/cyber premiums …

14 03, 2025

China State Firms Curb Russian Oil Imports on Sanctions Risks, Sources Say

By | March 14th, 2025|Uncategorized|Comments Off on China State Firms Curb Russian Oil Imports on Sanctions Risks, Sources Say

Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S. sanctions on Moscow, multiple trade sources said. Russian oil supplies …

14 03, 2025

Four Sailors Involved in Major Singapore Oil Spill Plead Guilty, Straits Times Reports

By | March 14th, 2025|Uncategorized|Comments Off on Four Sailors Involved in Major Singapore Oil Spill Plead Guilty, Straits Times Reports

Four Dutch crew members involved in a ship collision in Singapore have pleaded guilty for their role in the city-state’s worst oil spill in a decade, the Straits Times reported Wednesday. Richard Ouwehand, Martin Hans Sinke, Eric Peijpers, and Merijn …