News Archives - Insurance Journal

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2 02, 2023

U.S. Justice Department Seeks Tesla Driver-Assist Documents

By | February 2nd, 2023|Uncategorized|Comments Off on U.S. Justice Department Seeks Tesla Driver-Assist Documents

Tesla Inc. disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies. The automaker said in a filing it “has received requests from the DOJ for …

2 02, 2023

Gas Stoves Are Back Under Scrutiny With New Limits Proposed

By | February 2nd, 2023|Uncategorized|Comments Off on Gas Stoves Are Back Under Scrutiny With New Limits Proposed

Gas stoves are coming under fresh scrutiny as a second federal agency has now stepped into the political firestorm with a proposal for new regulations for the appliances. The Energy Department proposal, published Wednesday, sets first-of-their-kind limits on energy consumption …

1 02, 2023

Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap

By | February 1st, 2023|Uncategorized|Comments Off on Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap

Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to market sources and Eikon data. The Group of Seven nations (G7), Australia and …

2 02, 2023

Britain’s Finance Ministry Issues Draft Rules to Regulate Cryptoassets

By | February 2nd, 2023|Uncategorized|Comments Off on Britain’s Finance Ministry Issues Draft Rules to Regulate Cryptoassets

Britain’s finance ministry laid out its first set of rules to regulate cryptoassets on Wednesday, saying ongoing turbulence in the sector and the collapse of exchange FTX highlighted risks that need addressing. Cryptoassets, such as bitcoin BTC=BTSP, have little direct …

1 02, 2023

Ex-Allianz Fund Manager Seeks Dismissal of Fraud Charges

By | February 1st, 2023|Uncategorized|Comments Off on Ex-Allianz Fund Manager Seeks Dismissal of Fraud Charges

The former Allianz SE hedge fund manager charged with fraud over billions of dollars in investor losses asked a judge to throw out the case, claiming lawyers wrongly betrayed him to protect the company. Gregoire Tournant claims in a Monday …

2 02, 2023

Texas Winter Storm Causes 3rd Day of Dangerous, Icy Conditions

By | February 2nd, 2023|Uncategorized|Comments Off on Texas Winter Storm Causes 3rd Day of Dangerous, Icy Conditions

AUSTIN, Texas (AP) – Dangerous road conditions from bands of sleet and snow were blamed for six deaths as a winter storm snarled traffic across parts of the nation’s midsection, forced the cancelation of flights and left hundreds of thousands …

1 02, 2023

Everest Insurance Continues Global Expansion, Launching Branch in Spain

By | February 1st, 2023|Uncategorized|Comments Off on Everest Insurance Continues Global Expansion, Launching Branch in Spain

Everest Insurance, the insurance division of Everest Re Group Ltd., announced its expansion into the Spanish market following regulatory approval from the relevant authorities to operate in Spain — trading as Everest Insurance (Ireland) DAC, Sucursal en España. The Spain …

1 02, 2023

Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups

By | February 1st, 2023|Uncategorized|Comments Off on Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups

Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups in recent weeks, the country’s Centre for Cyber Security said. “The risk level is being raised on the back of …

2 02, 2023

OSHA Fines Missouri Company After Worker’s Death

By | February 2nd, 2023|Uncategorized|Comments Off on OSHA Fines Missouri Company After Worker’s Death

KANSAS CITY, Mo. (AP) – A federal agency has recommended nearly $200,000 in fines after an apprentice technician died from electrocution at a construction site in Kansas City last year – just a year after another technician working for the …

1 02, 2023

People Moves: Danish Insurer Tryg Names Brammer as CEO, Succeeding Hübbe; AXA XL Appoints Cerquenich as Senior Risk Consultant, Marine, UK & Lloyd’s

By | February 1st, 2023|Uncategorized|Comments Off on People Moves: Danish Insurer Tryg Names Brammer as CEO, Succeeding Hübbe; AXA XL Appoints Cerquenich as Senior Risk Consultant, Marine, UK & Lloyd’s

Danish Insurer Tryg Names Brammer as CEO, Succeeding Hübbe The Supervisory Boards of Tryg A/S and Tryg Forsikring A/S announced that Group Chief Executive Officer (CEO) Morten Hübbe has decided to step down. Hübbe (51) will be succeeded by Chief …