News Archives - Insurance Journal

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26 01, 2023

Shareholders Can Sue McDonald’s Ex-executive in Landmark Ruling

By | January 26th, 2023|Uncategorized|Comments Off on Shareholders Can Sue McDonald’s Ex-executive in Landmark Ruling

Shareholders can sue McDonald Corp’s former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly allowing a culture of sexual harassment to flourish, according to a groundbreaking legal ruling. The decision marks …

26 01, 2023

Anti-Sexual Harassment Organization, Times Up, Shifts Resources to Legal Fund

By | January 26th, 2023|Uncategorized|Comments Off on Anti-Sexual Harassment Organization, Times Up, Shifts Resources to Legal Fund

The Golden Globes carpet typically glitters with crystal-studded gowns in pastel hues, but it looked different in January 2018: The ballgowns were black, and the night’s key accessory was a pin that read “Time’s Up.” Onstage, Oprah Winfrey brought guests …

26 01, 2023

Judge Dismisses Former Charlottesville Police Chief’s $10M Wrongful Termination Suit

By | January 26th, 2023|Uncategorized|Comments Off on Judge Dismisses Former Charlottesville Police Chief’s $10M Wrongful Termination Suit

A federal judge has dismissed a former Virginia police chief’s $10 million wrongful termination lawsuit saying she didn’t have sufficient evidence of discrimination, conspiracy or malice. U.S. District Judge Norman Moon said in an opinion published online Monday that he …

26 01, 2023

Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks

By | January 26th, 2023|Uncategorized|Comments Off on Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks

Flooding is the most common weather hazard globally and 83% of the damage it causes isn’t covered by insurance. A startup technology company on Thursday launched a new global flood-risk data service that its founders say will help narrow this …

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 …