News Archives - Insurance Journal

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28 07, 2022

G7 Countries Aim to Have Price Cap on Russian Oil Before Dec. 5

By | July 28th, 2022|Uncategorized|Comments Off on G7 Countries Aim to Have Price Cap on Russian Oil Before Dec. 5

The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7 official said on …

25 07, 2022

Four Years After Hurricane Michael, Florida City Rebuilding, Recovering

By | July 25th, 2022|Uncategorized|Comments Off on Four Years After Hurricane Michael, Florida City Rebuilding, Recovering

MEXICO BEACH, Fla. — Standing on the deck of the new Driftwood Inn, 31/2 years after Hurricane Michael obliterated the old one, Tom Wood spoke of the months after the storm. One of his daughters had urged him and his …

26 07, 2022

Alpine Glaciers Decline at Record Rates Following Heatwaves

By | July 26th, 2022|Uncategorized|Comments Off on Alpine Glaciers Decline at Record Rates Following Heatwaves

MORTERATSCH GLACIER, Switzerland – From the way 45-year-old Swiss glaciologist Andreas Linsbauer bounds over icy crevasses, you would never guess he was carrying 10 kg of steel equipment needed to chart the decline of Switzerland’s glaciers. Normally, he heads down …

26 07, 2022

Record Temperatures, Wildfires Wreak Havoc on Europe’s Wineries and Vineyards

By | July 26th, 2022|Uncategorized|Comments Off on Record Temperatures, Wildfires Wreak Havoc on Europe’s Wineries and Vineyards

In Portugal’s Douro Valley on July 7, a wildfire burned close to Oscar Quevedo’s Quinta da Alegria vineyard. By the middle of the night, flames surrounded it. The vines around the edges, amounting to about a hectare, burned. In his …

28 07, 2022

Reuters: EU Finds Evidence Employees’ Smartphones Compromised by Spyware

By | July 28th, 2022|Uncategorized|Comments Off on Reuters: EU Finds Evidence Employees’ Smartphones Compromised by Spyware

The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company’s spy software, the bloc’s top justice official said in a letter seen by Reuters. In a July 25 letter sent to …

25 07, 2022

Lawsuit: Chicago Police Misused Gunshot Detection Technology in Murder Case

By | July 25th, 2022|Uncategorized|Comments Off on Lawsuit: Chicago Police Misused Gunshot Detection Technology in Murder Case

A federal lawsuit filed last Thursday alleges Chicago police misused “unreliable” gunshot detection technology and failed to pursue other leads in investigating a grandfather from the city’s South Side who was charged with killing a neighbor. Chicago prosecutors used audio …

26 07, 2022

Alaska Experiencing Wildfires It’s Never Seen Before

By | July 26th, 2022|Uncategorized|Comments Off on Alaska Experiencing Wildfires It’s Never Seen Before

Alaska is burning this year in ways rarely or ever seen, from the largest wildfire in a typically mainly fireproof southwest region to a pair of blazes that ripped through forests and produced smoke that blew hundreds of miles to …

28 07, 2022

Allergan Poised to Pay More Than $2 Billion in Opioid Settlement

By | July 28th, 2022|Uncategorized|Comments Off on Allergan Poised to Pay More Than $2 Billion in Opioid Settlement

AbbVie Inc.’s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed by state and local governments over the marketing of its Kadian opioid painkiller, according to people familiar with the matter. …

25 07, 2022

FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market

By | July 25th, 2022|Uncategorized|Comments Off on FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market

When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it. But in …

26 07, 2022

Firefighters Slow Growth of Massive California Blaze Near Yosemite

By | July 26th, 2022|Uncategorized|Comments Off on Firefighters Slow Growth of Massive California Blaze Near Yosemite

Firefighters have significantly slowed the spread of a huge wildfire burning in a forest near Yosemite National Park that burned 55 homes and other buildings and forced thousands from their homes, officials said Monday. “It was a successful day for …