News Archives - Insurance Journal

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26 01, 2023

Britain Sounds Alarm on Russia-Based Hacking Group

By | January 26th, 2023|Uncategorized|Comments Off on Britain Sounds Alarm on Russia-Based Hacking Group

A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets in government, politics, academia, defense, journalism, and activism, Britain said on Thursday. In an advisory, the National Cyber Security Centre …

26 01, 2023

Bill Advances in New Mexico to Gird Against Climate Crises

By | January 26th, 2023|Uncategorized|Comments Off on Bill Advances in New Mexico to Gird Against Climate Crises

A legislative panel advanced a bill this week that would help local governments plan in advance for climate-related threats to public health such as wildfires, flooding, extreme heat and rapid erosion. The initiative from Democratic state Sen. Liz Stefanics of …

26 01, 2023

Double Whammy of Insurance and Energy Costs to Trigger UK Insolvencies, PwC Warns

By | January 26th, 2023|Uncategorized|Comments Off on Double Whammy of Insurance and Energy Costs to Trigger UK Insolvencies, PwC Warns

More than 30,000 British companies went bust last year, with accountants warning of a “double whammy” to come in April that could trigger another wave of insolvencies. Big businesses were the worst hit, according to a report published Thursday by …

26 01, 2023

5 Dead in Wyoming Highway Crashes Caused by Wrong-Way Driver

By | January 26th, 2023|Uncategorized|Comments Off on 5 Dead in Wyoming Highway Crashes Caused by Wrong-Way Driver

A series of crashes caused by a wrong-way driver on Interstate 80 killed five people and seriously injured others in south-central Wyoming. The driver was arrested on suspicion of driving while impaired, according to a Wyoming Highway Patrol statement. Highway …

26 01, 2023

Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability

By | January 26th, 2023|Uncategorized|Comments Off on Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability

Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun off a subsidiary that took on its liability from asbestos litigation and then filed bankruptcy to limit lawsuit payouts, according …

26 01, 2023

NRA Sues Over Illinois Two-Week-Old Ban on Semiautomatic Weapons

By | January 26th, 2023|Uncategorized|Comments Off on NRA Sues Over Illinois Two-Week-Old Ban on Semiautomatic Weapons

SPRINGFIELD, Ill. (AP) – Illinois’ two-week-old ban on semiautomatic weapons outlaws “ubiquitous” firearms in “radical” defiance of the Constitution’s Second Amendment, a federal lawsuit filed by the National Rifle Association Tuesday claims. The powerful NRA joined a parade of gun-rights …

25 01, 2023

FDA Proposes New Limits on Lead in Baby Foods

By | January 25th, 2023|Uncategorized|Comments Off on FDA Proposes New Limits on Lead in Baby Foods

The U.S. Food and Drug Administration on Tuesday announced new guidance to reduce exposure to lead in processed baby foods. Though recommended and not required, the new proposed action levels from the FDA “could result in as much as a …

25 01, 2023

Qantas Mayday Alert, Flight Turnbacks Put Safety Reputation Under Spotlight

By | January 25th, 2023|Uncategorized|Comments Off on Qantas Mayday Alert, Flight Turnbacks Put Safety Reputation Under Spotlight

Qantas Airways Ltd., the airline whose stellar safety record was made famous by Hollywood, is back in the spotlight after a flurry of mechanical malfunctions. The Australian airline has been hit by a spate of in-flight issues since the middle …

25 01, 2023

UK Parliament Seeks Power to Scrutinize Financial Services Regulators

By | January 25th, 2023|Uncategorized|Comments Off on UK Parliament Seeks Power to Scrutinize Financial Services Regulators

Britain’s financial regulators would face more scrutiny over their policies for consumers and the economy from Parliament under proposals from members of the House of Lords. A new independent body could track progress against certain metrics, with elected officials also …

25 01, 2023

People Moves: Everest Insurance Int’l Hires Powell to Lead Financial Lines; Swiss Re Corporate Solutions Names Arquint CEO EMEA, Succeeding Kleiterp

By | January 25th, 2023|Uncategorized|Comments Off on People Moves: Everest Insurance Int’l Hires Powell to Lead Financial Lines; Swiss Re Corporate Solutions Names Arquint CEO EMEA, Succeeding Kleiterp

This edition of International People Moves details appointments at Everest Insurance International and Swiss Re Corporate Solutions. A summary of these new hires follows here. Everest Insurance Int’l Taps Zurich’s Powell to Lead Financial Lines Everest Insurance, the primary insurance …