News Archives - Insurance Journal

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1 10, 2024

Michigan Boy Dies on Field Trip After Tree Falls on Him at Nature Center

By | October 1st, 2024|Uncategorized|Comments Off on Michigan Boy Dies on Field Trip After Tree Falls on Him at Nature Center

HOWELL, Mich. (AP) — A 12-year-old boy died after he was struck by a tree that fell at a southeastern Michigan nature center where he and classmates were on a field trip, authorities said. Declan Carter was at the Howell …

1 10, 2024

Federal Agency Resumes Sending Hazardous Waste to Michigan From Ohio

By | October 1st, 2024|Uncategorized|Comments Off on Federal Agency Resumes Sending Hazardous Waste to Michigan From Ohio

VAN BUREN TOWNSHIP, Mich. (AP) — A federal agency said it has resumed sending hazardous waste to a Michigan landfill from Ohio while communities in suburban Detroit continue their legal fight to bar waste from a World War II-era site …

1 10, 2024

Louisiana’s Southern University to Launch Alliant Insurance Degree Program with $1.4M Investment

By | October 1st, 2024|Uncategorized|Comments Off on Louisiana’s Southern University to Launch Alliant Insurance Degree Program with $1.4M Investment

Alliant Insurance announced that a first-of-its-kind degree program at Southern University and A&M College has received final approval from the Louisiana State Board of Regents. The Alliant Insurance Foundation Degree Plan Program at Southern University and A&M College will focus …

1 10, 2024

Louisiana Seafood Restaurant Sued for Sexual Harassment

By | October 1st, 2024|Uncategorized|Comments Off on Louisiana Seafood Restaurant Sued for Sexual Harassment

Minden Seafood, LLC, a seafood restaurant in Minden, Louisiana, violated federal law when it failed to stop a male worker from repeatedly sexually harassing a female employee and refused to rehire her after she quit, the U.S. Equal Employment Opportunity …

1 10, 2024

Taiwan Warns of Storm Surge From Powerful Typhoon Krathon, Mobilizes Troops

By | October 1st, 2024|Uncategorized|Comments Off on Taiwan Warns of Storm Surge From Powerful Typhoon Krathon, Mobilizes Troops

Taiwan mobilized nearly 40,000 troops on Tuesday to bolster rescue efforts as the powerful Typhoon Krathon approaching its populous southwest coast is expected to bring a storm surge and the coast guard raced to locate 19 sailors who abandoned ship. …

1 10, 2024

Southern Water’s Credit Risk at Record High Amid Thames Water Woes

By | October 1st, 2024|Uncategorized|Comments Off on Southern Water’s Credit Risk at Record High Amid Thames Water Woes

Southern Water’s credit risk has soared to a record high in recent days as hedge funds scramble to protect themselves against the possibility of default at the UK water company. The curve on the utility firm’s credit default swaps is …

1 10, 2024

Sanctioned Tanker With LNG Cargo Passes via Suez Canal, Data Shows

By | October 1st, 2024|Uncategorized|Comments Off on Sanctioned Tanker With LNG Cargo Passes via Suez Canal, Data Shows

The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through the Suez Canal with an LNG cargo, LSEG data showed on Monday. The source of the LNG and Palau-flagged Pioneer’s …

1 10, 2024

Hawaii High Court Agrees to Weigh in on Issues Holding up $4B Wildfire Settlement

By | October 1st, 2024|Uncategorized|Comments Off on Hawaii High Court Agrees to Weigh in on Issues Holding up $4B Wildfire Settlement

Hawaii’s Supreme Court will consider questions about issues that threaten to thwart a $4 billion settlement in last year’s devastating Maui wildfires. A Maui judge last month agreed to ask the state high court questions about how insurance companies can …

1 10, 2024

Connecticut Workers’ Compensation Costs to Drop Again in 2025

By | October 1st, 2024|Uncategorized|Comments Off on Connecticut Workers’ Compensation Costs to Drop Again in 2025

Connecticut workers’ compensation insurers are recommending an overall 6.1% reduction in loss costs in the voluntary market and a 6.2% overall reduction in the assigned risk market for next year. If the recommendation is approved, it would mark the eleventh …

1 10, 2024

FCC Says It Has Reached $31.5 Million Settlement With T-Mobile Over Data Breaches

By | October 1st, 2024|Uncategorized|Comments Off on FCC Says It Has Reached $31.5 Million Settlement With T-Mobile Over Data Breaches

T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said on Monday. T-Mobile will pay a …