News Archives - Insurance Journal

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21 05, 2025

Amazon’s Zoox Expands Robotaxi Trials to Rival Turf in Atlanta

By | May 21st, 2025|Uncategorized|Comments Off on Amazon’s Zoox Expands Robotaxi Trials to Rival Turf in Atlanta

Amazon.com Inc.’s Zoox is expanding testing of its autonomous driving technology to Atlanta, moving in on a market where Alphabet Inc.’s Waymo is expanding with Uber Technologies Inc. Zoox has already deployed a small number of test vehicles in the …

21 05, 2025

Chevron Says One Missing After Fire at Angola Offshore Oil Platform With 17 Injured

By | May 21st, 2025|Uncategorized|Comments Off on Chevron Says One Missing After Fire at Angola Offshore Oil Platform With 17 Injured

Chevron’s Angolan business said on Wednesday that there was one person missing after an early morning fire at its Benguela Belize Lobito Tomboco (BBLT) offshore oil platform on Tuesday. Seventeen people were injured, four seriously, when the fire started around …

21 05, 2025

DoorDash Expands Driver Savings Pilot Program to Maryland

By | May 21st, 2025|Uncategorized|Comments Off on DoorDash Expands Driver Savings Pilot Program to Maryland

DoorDash said it is expanding its benefits savings program with a new pilot in Maryland for eligible drivers. Expenses covered under this program can include retirement savings, health, dental, and vision insurance, and paid time off. DoorDash said similar pilot …

21 05, 2025

Global Forest Loss Tops Record as Wildfires Drive Destruction

By | May 21st, 2025|Uncategorized|Comments Off on Global Forest Loss Tops Record as Wildfires Drive Destruction

Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the latest annual assessment by …

21 05, 2025

New Salmonella Outbreak Tied to Same Florida Grower With Cucumbers Last Year

By | May 21st, 2025|Uncategorized|Comments Off on New Salmonella Outbreak Tied to Same Florida Grower With Cucumbers Last Year

U.S. health officials are investigating a new outbreak of salmonella illnesses tied to a Florida grower whose tainted cucumbers were linked to more than 550 illnesses last year. Cucumbers grown by Florida-based Bedner Growers and distributed by Fresh Start Produce …

21 05, 2025

People Moves: World Insurance Associates Names Youshock Head of Personal Lines; Belair Appointed President of Technology at Intact Insurance Specialty Solutions

By | May 21st, 2025|Uncategorized|Comments Off on People Moves: World Insurance Associates Names Youshock Head of Personal Lines; Belair Appointed President of Technology at Intact Insurance Specialty Solutions

World Insurance Associates Names Youshock Head of Personal Lines World Insurance Associates LLC, headquartered in Iselin, New Jersey, named Michelle Youshock head of personal lines, replacing Jim Hickey, who is taking over carrier consolidation efforts. Youshock, based in Las Vegas, …

21 05, 2025

Acrisure Secures $2.1 Billion Funding Round for M&A, Tech

By | May 21st, 2025|Uncategorized|Comments Off on Acrisure Secures $2.1 Billion Funding Round for M&A, Tech

Acrisure said it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital. Acrisure said the company’s valuation stands at $32 billion—a nearly 40% increase …

21 05, 2025

Hack of Contractor Was at Root of Massive Federal Data Breach

By | May 21st, 2025|Uncategorized|Comments Off on Hack of Contractor Was at Root of Massive Federal Data Breach

A software company that handles sensitive data for nearly every US federal agency was the victim of a cyber breach earlier this year due to a “major lapse” in security measures, according to documents reviewed by Bloomberg News. Opexus, which …

21 05, 2025

Former Progressive CEO Renwick, 69, Dies

By | May 21st, 2025|Uncategorized|Comments Off on Former Progressive CEO Renwick, 69, Dies

The Progressive Corp. published a statement that the company mourned the loss of its former chief executive officer and chairman, Glenn Renwick. According to the statement, Renwick passed away on Friday, May 16 at the age of 69. “Glenn’s contributions …

21 05, 2025

EU to Propose Removing Business Barriers to Enhance Competitiveness Amid US Tariffs

By | May 21st, 2025|Uncategorized|Comments Off on EU to Propose Removing Business Barriers to Enhance Competitiveness Amid US Tariffs

The European Commission set out plans on Wednesday to remove barriers to business within the European Union as part of a push to boost competitiveness and counteract the impact of U.S. tariffs. The International Monetary Fund has estimated that internal …