News Archives - Insurance Journal

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19 12, 2025

Russia Is Trying to Overwhelm Europe With its Sabotage Campaign: Western Officials

By | December 19th, 2025|Uncategorized|Comments Off on Russia Is Trying to Overwhelm Europe With its Sabotage Campaign: Western Officials

In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight …

19 12, 2025

AI Threatens to Displace Workers, Bank of England’s Bailey Warns

By | December 19th, 2025|Uncategorized|Comments Off on AI Threatens to Displace Workers, Bank of England’s Bailey Warns

Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK …

19 12, 2025

Kerr County Officials in Race to Build $5M Flood Warning System Before Next Texas Flood Season

By | December 19th, 2025|Uncategorized|Comments Off on Kerr County Officials in Race to Build $5M Flood Warning System Before Next Texas Flood Season

With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …

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 …