News Archives - Insurance Journal

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19 12, 2025

Ben & Jerry’s Board Says More Directors Face Removal

By | December 19th, 2025|Uncategorized|Comments Off on Ben & Jerry’s Board Says More Directors Face Removal

Ben & Jerry’s independent board late on Wednesday said in a filing that its new corporate parent, the Magnum Ice Cream Company, is forcing three more directors to complete training and other requirements or face removal. Ben & Jerry’s, newly …

19 12, 2025

More US Beef Plants May Close as Cattle Herds Keep Tightening

By | December 19th, 2025|Uncategorized|Comments Off on More US Beef Plants May Close as Cattle Herds Keep Tightening

American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …

19 12, 2025

A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP

By | December 19th, 2025|Uncategorized|Comments Off on A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP

Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility …

19 12, 2025

11 Firefighters and 2 Others Injured After NC House Explosion and Fire

By | December 19th, 2025|Uncategorized|Comments Off on 11 Firefighters and 2 Others Injured After NC House Explosion and Fire

Eleven firefighters and two other people were injured in a house fire explosion in the Piedmont region of North Carolina, officials said. Salisbury Fire Chief Bob Parnell said firefighters did not have life-threatening injuries but were getting treated for contusions, …

19 12, 2025

High Winds Battered Water-Logged Northwest, Cutting Power to Half-A-Million

By | December 19th, 2025|Uncategorized|Comments Off on High Winds Battered Water-Logged Northwest, Cutting Power to Half-A-Million

High winds toppled trees and power lines across parts of Washington state and Idaho this week, killing one adult and critically injuring two children, knocking out power to thousands and compounding the damage already wrought by heavy rains and flooding. …

19 12, 2025

People Moves: Marsh McLennan Appoints Mathews Digital Infrastructure Leader; Loop Hired to Lead AXA XL Media Liability

By | December 19th, 2025|Uncategorized|Comments Off on People Moves: Marsh McLennan Appoints Mathews Digital Infrastructure Leader; Loop Hired to Lead AXA XL Media Liability

Marsh McLennan, headquartered in New York City, appointed Mike Mathews as global digital infrastructure leader. Based in Boston, Mathews brings over 25 years of specialized industry experience to this newly created position, having worked with companies and investors across key …

19 12, 2025

Son of Ponzi-Accused Georgia Building & Loan Founder Now an Insurance Agent

By | December 19th, 2025|Uncategorized|Comments Off on Son of Ponzi-Accused Georgia Building & Loan Founder Now an Insurance Agent

The former co-leader of a collapsed Georgia savings and loan, a lending firm that is now the subject of state and federal Ponzi scheme investigations, has been granted an insurance producer’s license in the state. Edwin Brant Frost V, who …

19 12, 2025

Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina

By | December 19th, 2025|Uncategorized|Comments Off on Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina

Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from releasing …

19 12, 2025

Odometer Fraud Sees 14% Jump in the Past Year

By | December 19th, 2025|Uncategorized|Comments Off on Odometer Fraud Sees 14% Jump in the Past Year

An estimated 2.45 million cars on the road likely have their odometers rolled back, 14 percent more than last year, according to vehicle history provider CARFAX. There was just a 4 percent increase between 2023 and 2024. “Odometer rollbacks occur …

19 12, 2025

Tesla Door Safety Issues Have Owners Buying Car Escape Tools

By | December 19th, 2025|Uncategorized|Comments Off on Tesla Door Safety Issues Have Owners Buying Car Escape Tools

Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.