News Archives - Insurance Journal

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14 10, 2022

2 More Defendants Plead Guilty in New Orleans Staged Auto Collision Scheme

By | October 14th, 2022|Uncategorized|Comments Off on 2 More Defendants Plead Guilty in New Orleans Staged Auto Collision Scheme

United States Attorney Duane A. Evans announced that Herbert Allen, age 37, and Dion Ridley, age 23, agreed to plead guilty to count one (1) of their indictment, charging Conspiracy to Commit Mail Fraud in violation of Title 18, United …

14 10, 2022

Snap Employee Data Exposed After Breach at Document Company Elevate

By | October 14th, 2022|Uncategorized|Comments Off on Snap Employee Data Exposed After Breach at Document Company Elevate

Ephemeral messaging app Snap had employee data exposed by a breach at a third-party document analysis firm, according to a document reviewed by Reuters on Thursday. Snap, developer of Snapchat, said it had been told by document analysis company Elevate …

11 10, 2022

Information Expected to Emerge Slowly in Hospital Chain Cyberattack

By | October 11th, 2022|Uncategorized|Comments Off on Information Expected to Emerge Slowly in Hospital Chain Cyberattack

Details of an apparent cyberattack on one of the largest health systems in the U.S. were slow to emerge as security experts on Oct. 7 warned that it often takes time to assess the full impact on patients and hospitals. …

11 10, 2022

Crews Battling Paper Mill Fire in Michigan’s Upper Peninsula

By | October 11th, 2022|Uncategorized|Comments Off on Crews Battling Paper Mill Fire in Michigan’s Upper Peninsula

Crews from several fire departments were still battling a fire Monday that broke out late last week at a paper mill in Michigan’s Upper Peninsula. A spokesman for Resolute Forest Products said the fire, which was producing a dense cloud …

11 10, 2022

Lloyd’s Finds No Evidence of Data Compromise From Cyber Attack

By | October 11th, 2022|Uncategorized|Comments Off on Lloyd’s Finds No Evidence of Data Compromise From Cyber Attack

Lloyd’s of London said on Monday that its investigation into a possible cyberattack had found no evidence of data compromise. “The investigation has concluded that no evidence of any compromise was found and as such Lloyd’s has been advised that …

11 10, 2022

ExxonMobil Ordered to Reinstate, Pay $800,000 in Back Wages to Employees Who Leaked Info

By | October 11th, 2022|Uncategorized|Comments Off on ExxonMobil Ordered to Reinstate, Pay $800,000 in Back Wages to Employees Who Leaked Info

The U.S. Department of Labor’s Occupational Safety and Health Administration ordered ExxonMobil Corp. to immediately reinstate two employees and pay them more than $800,000 in back wages, interest and compensatory damages. A federal whistleblower investigation found the company terminated them …

11 10, 2022

Mutual of Omaha $600 Million Skyscraper to be Town’s Tallest Building

By | October 11th, 2022|Uncategorized|Comments Off on Mutual of Omaha $600 Million Skyscraper to be Town’s Tallest Building

Omaha will have a new tallest building once Mutual of Omaha completes its planned $600 million headquarters tower downtown in 2026. Mutual CEO James Blackledge told the Omaha World-Herald that it recently became clear that the insurance company’s new skyscraper …

11 10, 2022

Air France, Airbus Execs Plead Not Guilty to Involuntary Manslaughter for 2009 Crash

By | October 11th, 2022|Uncategorized|Comments Off on Air France, Airbus Execs Plead Not Guilty to Involuntary Manslaughter for 2009 Crash

A French criminal court opened the historic manslaughter trial of Air France and planemaker Airbus on Monday, with angry relatives demanding justice 13 years after an A330 jetliner plowed into the Atlantic, killing all on board. The heads of both …

11 10, 2022

Louisiana Insurance Commissioner Approves Citizens Rate Increase of 63%

By | October 11th, 2022|Uncategorized|Comments Off on Louisiana Insurance Commissioner Approves Citizens Rate Increase of 63%

Louisiana Insurance Commissioner Jim Donelon approved a significant rate hike for Louisiana Citizens residential property insurance policies, a move the insurance department blamed on rising costs of reinsurance. Donelon approved Citizens’ request for a 63% rate increase, which will go …

11 10, 2022

Miner Glencore Faces Raft of Class-Action-Style Lawsuits in UK After Admitting Bribery

By | October 11th, 2022|Uncategorized|Comments Off on Miner Glencore Faces Raft of Class-Action-Style Lawsuits in UK After Admitting Bribery

Glencore Plc faces a raft of class-action style lawsuits from investment and pension funds in the UK, months after the mining giant pleaded guilty to market manipulation and bribery. Mubadala Investment Company and International Petroleum Investment Company are among over …