News Archives - Insurance Journal

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25 07, 2022

Connecticut Law Focuses on Teens Charged With Repeat Motor Vehicle Thefts

By | July 25th, 2022|Uncategorized|Comments Off on Connecticut Law Focuses on Teens Charged With Repeat Motor Vehicle Thefts

Connecticut has updated its criminal justice laws to speed up law enforcement’s responses when young people are charged with repeated motor vehicle theft and other crimes. Gov. Ned Lamont has signed the bipartisan law (Public Act 22-115) that supporters hope …

28 07, 2022

Applied Underwriters Debuts Entertainment & Sports Division

By | July 28th, 2022|Uncategorized|Comments Off on Applied Underwriters Debuts Entertainment & Sports Division

Steve Menzies, chairman of Applied Underwriters, announced the formation of Applied Entertainment & Sports, a new division of the company that will consolidate existing business and add substantial new business in an innovative and aggressively postured entertainment and sports unit …

26 07, 2022

Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings

By | July 26th, 2022|Uncategorized|Comments Off on Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings

European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to impress investors still vocal on sustainability. Despite an energy crisis following sanctions on Russia, major …

28 07, 2022

Trial Begins in Alex Jones’ Sandy Hook Damages Lawsuit

By | July 28th, 2022|Uncategorized|Comments Off on Trial Begins in Alex Jones’ Sandy Hook Damages Lawsuit

Conspiracy theorist Alex Jones repeatedly “lied and attacked the parents of murdered children” when he told his Infowars audience that the Sandy Hook Elementary School shooting was a hoax, an attorney for one of the victim’s parents said Tuesday at …

25 07, 2022

HSB (UK and Ireland) Creates Commercial Division to Streamline Service

By | July 25th, 2022|Uncategorized|Comments Off on HSB (UK and Ireland) Creates Commercial Division to Streamline Service

HSB (UK and Ireland) announced the formation of a new Commercial Division, creating closer alignment between its business development, underwriting and claims teams. The division, headed by Terry Dyson, who has been appointed Commercial Director, will focus on delivering a …

28 07, 2022

Greensill Capital Sued by 277 Former Employees Over Firm’s Collapse, Job Losses

By | July 28th, 2022|Uncategorized|Comments Off on Greensill Capital Sued by 277 Former Employees Over Firm’s Collapse, Job Losses

A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the dark about the company’s “imminent danger of collapse.” A group of 277 employees — less than half the UK workforce …

26 07, 2022

Japanese Insurers Sell Heatstroke Coverage as Temperatures Soar to Record Levels

By | July 26th, 2022|Uncategorized|Comments Off on Japanese Insurers Sell Heatstroke Coverage as Temperatures Soar to Record Levels

As temperatures soar to unprecedented levels from Europe to Asia this summer, some Japanese insurance companies have begun selling policies to protect people struck down by the heatwave. Sompo Holdings Inc. and Sumitomo Life Insurance Co., two of the country’s …

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 …