News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 5134 blog entries.
30 05, 2025

Lloyd’s Insurer Beazley Gains New Bull to Bolster Unique Status

By | May 30th, 2025|Uncategorized|Comments Off on Lloyd’s Insurer Beazley Gains New Bull to Bolster Unique Status

The only stock in the FTSE 100 with buy recommendations from every analyst that covers it just gained another bull. Beazley Plc was named a ‘top pick’ by Berenberg, which gave the Lloyd’s of London insurer a 1,150 pence price …

27 05, 2025

Urban Fires Can Mean Long Trips for Helicopters to Get Water. A California Firefighter Had An Idea

By | May 27th, 2025|Uncategorized|Comments Off on Urban Fires Can Mean Long Trips for Helicopters to Get Water. A California Firefighter Had An Idea

Mark Whaling and a crew raced up and down a hill in a tanker truck as they battled a wildfire in Los Angeles County, scrambling to get water from a street hydrant in time to stay ahead of flames moving …

27 05, 2025

Industry Vet Plumeri Joins Insurance Advisory Partners as Chairman

By | May 27th, 2025|Uncategorized|Comments Off on Industry Vet Plumeri Joins Insurance Advisory Partners as Chairman

Insurance veteran and former Willis Group Holdings CEO Joe Plumeri will occupy the new role of chairman at Insurance Advisory Partners (IAP). According to the investment bank focused on the insurance, insurance services and insurtech industries, Plumeri will start the …

30 05, 2025

Trump Administration Is Rolling Out a New Way to Shrink FEMA’s Role

By | May 30th, 2025|Uncategorized|Comments Off on Trump Administration Is Rolling Out a New Way to Shrink FEMA’s Role

When a series of deadly storms and tornadoes pummeled Arkansas in mid-March, downing power lines and tearing up homes, Governor Sarah Huckabee Sanders asked the federal government for money to not only help repair the damage, but also boost the …

27 05, 2025

Boeing Agrees to Resolve US Criminal Case Over 737 Crashes

By | May 27th, 2025|Uncategorized|Comments Off on Boeing Agrees to Resolve US Criminal Case Over 737 Crashes

Boeing Co. has reached a tentative agreement with the US Justice Department that would allow the planemaker to avoid criminal charges for two fatal crashes of its 737 Max jets more than six years ago. The settlement was disclosed in …

30 05, 2025

Wildfires in Alberta Pose Growing Threat to Canada’s Oil

By | May 30th, 2025|Uncategorized|Comments Off on Wildfires in Alberta Pose Growing Threat to Canada’s Oil

Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites. A total of 26 out-of-control fires are burning in the province amid hot, dry weather, bringing flames …

27 05, 2025

Massachusetts Firm to Pay $11M for Dumping Contaminated Fill in Rhode Island

By | May 27th, 2025|Uncategorized|Comments Off on Massachusetts Firm to Pay $11M for Dumping Contaminated Fill in Rhode Island

Rhode Island’s top legal chief announced last week that a Massachusetts construction company has agreed to pay $11 million to settle criminal charges that it illegally dumped thousands of tons of contaminated fill in the Ocean State’s capital city during …

30 05, 2025

Viewpoint: California’s Property Insurance Crisis And The Path to Reform

By | May 30th, 2025|Uncategorized|Comments Off on Viewpoint: California’s Property Insurance Crisis And The Path to Reform

California’s property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals, and systemic shortcomings in the state’s safety net—the California FAIR Plan. As homeowners confront rising premiums and limited coverage options, comprehensive reform is imperative to stabilize …

30 05, 2025

Liberty Mutual Settles With Travelers Over New York Subcontractor Liability Coverage

By | May 30th, 2025|Uncategorized|Comments Off on Liberty Mutual Settles With Travelers Over New York Subcontractor Liability Coverage

Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on a construction site. Liberty Mutual …

27 05, 2025

FTC Nixes Antitrust Lawsuit Against PepsiCo Over Pricing

By | May 27th, 2025|Uncategorized|Comments Off on FTC Nixes Antitrust Lawsuit Against PepsiCo Over Pricing

PepsiCo Inc. scored a major legal victory Thursday after the three members of the US Federal Trade Commission voted unanimously to dismiss an antitrust lawsuit that was filed at the very end of the Biden Administration. The FTC sued Pepsi …