Insurance Journal – Page 102 – Ben Few & Company, Inc.

Insurance Journal | July 19, 2023

European Heat Wave Sees Temperatures Reaching 115F in Sardinia as Greece Burns

Europe baked in intense heat, with temperatures reaching almost 46C (115F) on the Italian island of Sardinia on Wednesday, as wildfires continued to rage in Greece. Authorities warned lives were in danger after the latest blast of Saharan heat saw …

Insurance Journal | July 19, 2023

Cancer Clusters Prompt Houston’s Multi-Million Dollar Plan to Relocate Affected Residents

HOUSTON (AP) – Houston plans to spend millions of dollars to relocate residents from neighborhoods located near a rail yard polluted by a cancer-linked wood preservative that has been blamed for an increase in cancer cases, the city’s mayor announced …

Insurance Journal | July 10, 2023

Truck Makers Complying with California Rules Phasing Out Gas-Powered Vehicles

Some of the nation`s largest truck makers pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state regulators aimed at preventing lawsuits that threatened to delay or block …

Insurance Journal | July 10, 2023

2019 Houston Chemical Fire Could Have Been Prevented, Federal Investigation Finds

A massive Houston-area chemical fire that burned for three days in 2019 could have been prevented if proper procedures were in place at the chemical storage facility run by the Intercontinental Terminals Co., according to an investigation released Thursday by …

Insurance Journal | July 10, 2023

People Moves: Stephens Insurance Appoints Krutsch

Stephens Insurance Appoints Rich Krutsch as Senior Vice President, Employee Benefits Division Stephens Insurance, LLC, an affiliate of Stephens Inc., announced the hiring of Rich Krutsch as a senior vice president within the employee benefits division. Mr. Krutsch brings more …

Insurance Journal | July 10, 2023

Artificial Weatherman? AI Could Better Predict Hurricanes, Research Paper Says

Artificial Intelligence may be the key to more accurate and more timely hurricane predictions, China-based researchers have reported in the scientific journal Nature. In two papers in the journal, the researchers, including scientists affiliated with the Chinese tech company Huawei, …

Insurance Journal | July 10, 2023

SVB Financial Sues FDIC to Recover $1.9B Seized in Bank Rescue

Bankrupt SVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion that the regulator seized while it took over Silicon Valley Bank in March, a filing in a bankruptcy court on Sunday showed. …

Insurance Journal | July 10, 2023

‘Stoneos’ Cannabis Cookies Look Too Much Like Oreos, Says FTC

Six companies that make snacks with the active ingredient of cannabis have been sent cease and desist letters because the packaging looks too much like foods that kids love, including “Stoneos” that mimic Oreo cookies, the U.S. Federal Trade Commission …

Insurance Journal | July 10, 2023

Whiskey Fungus, Liability, Tax Breaks Killing the Buzz for Residents Near Distilleries

For decades, the whiskey and bourbon makers of Tennessee and Kentucky have been beloved in their communities. The distilleries where the liquor is manufactured and barrelhouses where it is aged have complemented the rural character of their neighborhoods, while providing …

Insurance Journal | July 10, 2023

California Utility Pays $22M to Settle Claims in 2016 Wildfire

Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest, it was announced. The money covers damage from the Rey …