News Archives - Insurance Journal

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25 01, 2023

Twitter Sued in Germany in Bid to Force Vetting of Antisemitic Posts

By | January 25th, 2023|Uncategorized|Comments Off on Twitter Sued in Germany in Bid to Force Vetting of Antisemitic Posts

Twitter Inc. was hit by a lawsuit in Germany by an anti-hate speech organization and a European group of Jewish students in a bid to force the platform to remove antisemitic content. HateAid and the European Union of Jewish Students …

25 01, 2023

Moody’s RMS Estimates $5B-7B in Economic Losses from California Flooding

By | January 25th, 2023|Uncategorized|Comments Off on Moody’s RMS Estimates $5B-7B in Economic Losses from California Flooding

Moody’s RMS estimates total economic losses from the recent California flooding at between $5 billion and $7 billion, and insured losses are anticipated to be between $500,000 and $1.5 billion, including losses to the National Flood Insurance Program and the …

25 01, 2023

Subpoena Granted in Reno Mayor’s Lawsuit over Tracking Device

By | January 25th, 2023|Uncategorized|Comments Off on Subpoena Granted in Reno Mayor’s Lawsuit over Tracking Device

A Nevada judge has granted subpoenas sought by Reno Mayor Hillary Schieve to force a private investigator to identify who hired his firm to secretly install a tracking device on her vehicle. Washoe County District Judge David Hardy approved the …

25 01, 2023

FBI Says N. Korea-Related Hacker Group Behind Crypto Firm Heist

By | January 25th, 2023|Uncategorized|Comments Off on FBI Says N. Korea-Related Hacker Group Behind Crypto Firm Heist

A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation said on Monday. On …

25 01, 2023

Brown & Brown Reports Q4 Net Income of $145M

By | January 25th, 2023|Uncategorized|Comments Off on Brown & Brown Reports Q4 Net Income of $145M

Brown & Brown Inc. (BRO) on Monday reported fourth-quarter net income of $145.2 million. The Daytona Beach, Florida-based company said it had profit of 51 cents per share. Earnings, adjusted for non-recurring gains, came to 50 cents per share. The …

25 01, 2023

Kansas Man Arrested on Suspected Arson That Killed Woman, 2 Girls

By | January 25th, 2023|Uncategorized|Comments Off on Kansas Man Arrested on Suspected Arson That Killed Woman, 2 Girls

TOPEKA, Kan. (AP) – The only survivor of a Kansas house fire that killed a woman and two young girls has been arrested on suspicion of setting the blaze. Topeka police arrested Kyle J. Tyler, 32, of Holton, on Saturday, …

25 01, 2023

Ohio Dollar General Fined $395K for Hazardous Workplace Conditions

By | January 25th, 2023|Uncategorized|Comments Off on Ohio Dollar General Fined $395K for Hazardous Workplace Conditions

Following yet another inspection – this time at a West Lafayette, Ohio, Dollar General location – federal investigators found one of the nation’s largest discount retailers continues to shelve serious safety concerns that expose workers and others to the dangers …

25 01, 2023

Sentry Teams Up With Motive For Commercial Trucking Telematics Program

By | January 25th, 2023|Uncategorized|Comments Off on Sentry Teams Up With Motive For Commercial Trucking Telematics Program

Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will customers up to 5% on their Sentry premiums for sharing their electronic logging device (ELD) and dash cam data from the Motive …

25 01, 2023

Vermont Workers’ Compensation Rates to Fall Again

By | January 25th, 2023|Uncategorized|Comments Off on Vermont Workers’ Compensation Rates to Fall Again

Vermont businesses will see another rate decrease in workers’ compensation insurance in 2023. This will mark the seventh consecutive year of rate reductions. The loss cost decrease of an average 6.7%, which takes effect April 1, will save Vermont employers …

25 01, 2023

Texas Environmentalists Look to Crack Down on Methane Emissions

By | January 25th, 2023|Uncategorized|Comments Off on Texas Environmentalists Look to Crack Down on Methane Emissions

In a marathon three-day public hearing, close to 300 people across the country gave comments on the agency’s supplemental proposal to reduce methane in oil and natural gas operations. Many called in from Texas, New Mexico, Pennsylvania and other oil …