MADISON, Wis. (AP) — The Wisconsin Supreme Court on Tuesday let stand a lower court ruling that declared some delivery drivers for Amazon were employees as the state argued, not independent contractors as the online retail giant contended. The court, …
from News Archives - Insurance Journal https://ift.tt/WhvG9V4
Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts
Thursday, March 28, 2024
Bird Flu is Another Blow to ‘Cattle Country’ Following Wildfires
LUBBOCK — Cows in the Texas Panhandle have tested positive for the bird flu, another blow to the Texas dairy industry following historic wildfires that killed at least 7,000 livestock. The discovery, reported at three different dairies, is believed to …
from News Archives - Insurance Journal https://ift.tt/ICPjwY0
from News Archives - Insurance Journal https://ift.tt/ICPjwY0
Wednesday, March 27, 2024
Clorox Audit Revealed Cybersecurity Flaws at Its Plants in 2020
A few years before a 2023 cyberattack disrupted manufacturing at one of the largest US producers of disinfectants ahead of flu season, an audit warned of systemic cybersecurity flaws within the company’s production systems. Among the shortcomings highlighted by the …
from News Archives - Insurance Journal https://ift.tt/rDZ8L4u
from News Archives - Insurance Journal https://ift.tt/rDZ8L4u
Fires From 2023, Smoldering Under Snow, Reveal Canada’s Dangerous New Reality
As skiers glide down the slopes of British Columbia’s Whistler Mountain and ice fishers drop their lines into frozen lakes in Alberta, dozens of the fires whose smoke darkened North America’s skies last year are still burning — with some …
from News Archives - Insurance Journal https://ift.tt/xAQ8yPY
from News Archives - Insurance Journal https://ift.tt/xAQ8yPY
Tuesday, March 26, 2024
Markets/Coverages: Marsh Launches Global Facility Providing Cover up to $825M for Digital Asset Custodians
Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the launch of an insurance facility for custodians of digital assets, including financial institutions. The largest facility of its kind, it provides insurance capacity up to $825 …
from News Archives - Insurance Journal https://ift.tt/acLK4BJ
from News Archives - Insurance Journal https://ift.tt/acLK4BJ
5th Circuit: Chubb Must Cover SXSW in Suit Over Cancelled 2020 Festival
The 5th Circuit Court of Appeals ruled last week that Chubb must cover restitution claims paid to ticket holders of the 2020 South by Southwest film festival cancelled due to COVID-19. A three-judge panel reversed a summary judgment in favor …
from News Archives - Insurance Journal https://ift.tt/IgqX9ds
from News Archives - Insurance Journal https://ift.tt/IgqX9ds
Monday, March 25, 2024
Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be overblown, according to an analyst. In fact, William …
from News Archives - Insurance Journal https://ift.tt/ISGD1L4
from News Archives - Insurance Journal https://ift.tt/ISGD1L4
Ageas Says It Won’t Make Third Offer for Direct Line Insurance
Ageas said it will halt its pursuit of UK insurer Direct Line Insurance Group Plc after two takeover proposals were rejected this year. The Belgian insurer had put forth an offer valuing Direct Line at about £3.2 billion ($4.1 billion) …
from News Archives - Insurance Journal https://ift.tt/9ZMuiGW
from News Archives - Insurance Journal https://ift.tt/9ZMuiGW
Hong Kong Reports Its Highest March Temperature in 140 Years
Hong Kong’s temperature on Sunday reached the highest recorded level during the month of March in 140 years, according to the city’s observatory. The maximum temperature measured at the Observatory was 31.5C (88.7F) — the highest reported during the month …
from News Archives - Insurance Journal https://ift.tt/ycvNorn
from News Archives - Insurance Journal https://ift.tt/ycvNorn
North Korean Hackers Stalk Crypto Startups Scrimping on Security
It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out of nowhere, dismantling cyber defenses and making off with millions of dollars in customer funds. Many crypto outfits, large and …
from News Archives - Insurance Journal https://ift.tt/BKsMbWg
from News Archives - Insurance Journal https://ift.tt/BKsMbWg
Police Identify Five Killed in Private Jet Crash Near Rural Airport
Virginia State Police have identified the five people who were killed when a small private jet crashed as it approached a rural airport earlier this month. The twin-engine IAI Astra 1125 left Fort Lauderdale, Florida, on March 10 and was …
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from News Archives - Insurance Journal https://ift.tt/twpfzgs
Virginia Still Battling Shenandoah Valley Wildfires
Crews who have been battling still-burning wildfires in Virginia’s Shenandoah Valley this week have gotten an assist from rain and from the state government, which has deployed new resources to the area, officials said Saturday. “Without a doubt the rain …
from News Archives - Insurance Journal https://ift.tt/AWIiYel
from News Archives - Insurance Journal https://ift.tt/AWIiYel
Friday, March 22, 2024
Challenges to SEC’s Climate Rules Sent to Appeals Court
A U.S. judicial panel on Thursday consolidated at least nine lawsuits challenging the U.S. Securities and Exchange Commission’s new rules requiring public companies to report climate-related risks in a venue favored by Republican-led states and a business group. The St. …
from News Archives - Insurance Journal https://ift.tt/loXsFCe
from News Archives - Insurance Journal https://ift.tt/loXsFCe
Vermont Communities Hit by Summer Flooding Seek $3.5M to Elevate 20 Homes
Two of the Vermont communities hardest hit by last summer’s catastrophic flooding have requested $3.5 million in state funding to elevate 20 homes in Barre and the capital city of Montpelier for flood victims who still need safe places to …
from News Archives - Insurance Journal https://ift.tt/uRIUjrb
from News Archives - Insurance Journal https://ift.tt/uRIUjrb
China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case
Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, ramping up pressure on the global accounting giant that audited a slew of developers before …
from News Archives - Insurance Journal https://ift.tt/HaSlm23
from News Archives - Insurance Journal https://ift.tt/HaSlm23
People Moves: Massaro Joins Hartford in Northeast; Alliant Adds Spina in New York
The Hartford, headquartered in Hartford, Connecticut, appointed Matthew Massaro head of sales and underwriting for its middle and large commercial businesses’ Northeast division. Massaro has been with The Hartford for over 25 years, most recently serving as regional vice president …
from News Archives - Insurance Journal https://ift.tt/PltxObR
from News Archives - Insurance Journal https://ift.tt/PltxObR
Thursday, March 21, 2024
Texas Contractor Faces $257K Fine After Teenager’s Death in Trench Collapse
A Houston, Texas-area contractor is facing more than a quarter million dollars in fines after a federal investigation found the company’s willful regard for required safety procedures contributed to a teenager’s death when a a 15-foot trench wall collapsed on …
from News Archives - Insurance Journal https://ift.tt/6nbUFTS
from News Archives - Insurance Journal https://ift.tt/6nbUFTS
Ohio’s Cedar Point Amusement Park Fined $50K in Age Discrimination Suit
An Ohio will pay $50,000 to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Cedar Fair, L.P., doing business as Cedar Point, and Magnum Management Corporation, which own, operate, and …
from News Archives - Insurance Journal https://ift.tt/YlFIvuH
from News Archives - Insurance Journal https://ift.tt/YlFIvuH
Wednesday, March 20, 2024
UK’s Ardonagh to Acquire Independent Italian Insurance Broker Mediass
The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Mediass, an independent Italian insurance broker company. Financial details of the deal were not disclosed. Based in Pescara, in the Abruzzo region, Mediass serves more …
from News Archives - Insurance Journal https://ift.tt/3ko9pmK
from News Archives - Insurance Journal https://ift.tt/3ko9pmK
Tokio Marine Has $10 Billion for Potential Acquisitions: Executive
Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer’s expanding international business told Reuters. Tokio Marine’s international business has grown to more than …
from News Archives - Insurance Journal https://ift.tt/bkRrKtO
from News Archives - Insurance Journal https://ift.tt/bkRrKtO
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