News Archives - Insurance Journal

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28 03, 2025

Pinnacol Assurance Giving $15M Dividend to Colorado Businesses

By | March 28th, 2025|Uncategorized|Comments Off on Pinnacol Assurance Giving $15M Dividend to Colorado Businesses

Pinnacol Assurance announced its 2025 general dividend will return roughly $15 million to more than 47,000 workers’ compensation insurance policyholders across Colorado. Th dividend marks the 10th consecutive year Pinnacol has returned dividends to Colorado businesses. The 2025 dividend, which …

28 03, 2025

A Look at Some Numbers Behind Delaware’s Law for Corporations

By | March 28th, 2025|Uncategorized|Comments Off on A Look at Some Numbers Behind Delaware’s Law for Corporations

Delaware is poised to give corporate officers more protections in its courts against shareholder lawsuits after criticism by billionaire Elon Musk and other influential business titans that rattled top public officials in what they call the corporate capital of the …

28 03, 2025

Trucking Firm Operator Who Lied About Safety History to Regulator Is Sentenced

By | March 28th, 2025|Uncategorized|Comments Off on Trucking Firm Operator Who Lied About Safety History to Regulator Is Sentenced

The operator of an interstate trucking company who was convicted by a federal jury of making false statements to federal regulators about the company’s safety rating has been sentenced to 45 months in prison. Prosecutors identified the man as Tony …

28 03, 2025

Family of Ironworker Who Died on Job Awarded $12 Million

By | March 28th, 2025|Uncategorized|Comments Off on Family of Ironworker Who Died on Job Awarded $12 Million

A Pennsylvania cement company has agreed to pay $12 million to the family of an ironworker who fell to his death while attempting to set up a temporary catwalk at the company’s plant in Stockertown. In July 2021, the decedent …

26 03, 2025

South Korea Battles Wildfires as Death Toll Rises to 18

By | March 26th, 2025|Uncategorized|Comments Off on South Korea Battles Wildfires as Death Toll Rises to 18

Wildfires ravaging South Korea over the past week have killed at least 24 people, making it the country’s worst forest fire disaster in about three decades, as firefighters struggled to contain multiple blazes that have broken out in the country’s …

26 03, 2025

Crews Battled Helene-Fueled Wildfires for Another Day in the Carolinas

By | March 26th, 2025|Uncategorized|Comments Off on Crews Battled Helene-Fueled Wildfires for Another Day in the Carolinas

Firefighters in North and South Carolina were battling multiple wind-driven wildfires Monday in rugged terrain that complicated containment efforts, officials said. Millions of trees knocked down by Hurricane Helene last year combined with long stretches of dry weather this spring …

26 03, 2025

Catastrophe Experts Tap AI to Tackle Soaring Insured Losses

By | March 26th, 2025|Uncategorized|Comments Off on Catastrophe Experts Tap AI to Tackle Soaring Insured Losses

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods. Less than three months into the year, natural disasters are already causing major …

26 03, 2025

Aurora Plans for Self-Driving Trucks in Harsh Weather in Texas

By | March 26th, 2025|Uncategorized|Comments Off on Aurora Plans for Self-Driving Trucks in Harsh Weather in Texas

Aurora Innovation AUR.O plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday. The autonomous trucks are expected to start operating on …

26 03, 2025

Baltimore a Year After Key Bridge Collapse

By | March 26th, 2025|Uncategorized|Comments Off on Baltimore a Year After Key Bridge Collapse

BALTIMORE – When Bobby LaPin was a young boy, his grandfather took him on his rickety boat to fish for bass and trout in the Patapsco River. Their route took them under the Francis Scott Key Bridge, where LaPin listened …

26 03, 2025

North Carolina Celebrates 15,000 Fortified Roofs from Grant Programs

By | March 26th, 2025|Uncategorized|Comments Off on North Carolina Celebrates 15,000 Fortified Roofs from Grant Programs

The North Carolina Insurance Underwriting Association this week marked the 15,000th fortified roof in the state, a huge increase since the grant program began in 2017. “I applaud the NCIUA for investing over $100 million in this incredibly successful and …