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Category: Insurance Journal

Singapore Detains Record Number of Oil, Chemical Tankers as Dark Fleet Grows
Insurance Journal | June 1, 2023
Singapore Detains Record Number of Oil, Chemical Tankers as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the environmental and safety impact of an expanding fleet of aging vessels plying major shipping lanes. The city-state has held 33 ships for …
School Bus, Tanker Truck Collide, Sending 18 to Hospital
Insurance Journal | June 1, 2023
School Bus, Tanker Truck Collide, Sending 18 to Hospital
A school bus collided with a tanker truck in South Carolina, sending at least 18 people, mostly children, to the hospital, authorities said. The bus was carrying 36 passengers when it collided with the tanker at about 4 p. m. …
Georgia Supreme Court Upholds Professors’ Challenge to Allowing Guns on Campus
Insurance Journal | June 1, 2023
Georgia Supreme Court Upholds Professors’ Challenge to Allowing Guns on Campus
Georgia’s highest court this week upheld a lower court ruling that dismissed a lawsuit brought by five college professors challenging the removal of public colleges and universities from a list of “school safety zones” where weapons are prohibited. Before the …
Markets/Coverages: W. R. Berkley Corporation Forms Berkley Specialty Excess
Insurance Journal | June 1, 2023
Markets/Coverages: W. R. Berkley Corporation Forms Berkley Specialty Excess
W. R. Berkley Corporation said it has formed Berkley Specialty Excess to offer excess liability coverages in specialized markets, with an initial focus on the environmental and energy industries. John Termini has been named president of the new business, effective …
New Zealand Offers to Buy Out Owners of Cyclone, Flood-Damaged Homes
Insurance Journal | June 1, 2023
New Zealand Offers to Buy Out Owners of Cyclone, Flood-Damaged Homes
New Zealand’s government will help to buy out the owners of cyclone and flood-damaged houses in areas deemed susceptible to severe weather events, beginning a process of managed retreat in the face of climate change. Together with local councils, the …
Truck Driver Indicted After Deadly Oregon Crash That Killed 7 Farmworkers
Insurance Journal | June 1, 2023
Truck Driver Indicted After Deadly Oregon Crash That Killed 7 Farmworkers
The driver of the semitruck involved in a fatal crash on Interstate 5 in Oregon earlier this month that left seven farmworkers dead has been indicted on charges of manslaughter, court documents show. A grand jury in Marion County Court …
Amazon to Pay $30.8 Million to Settle FTC Privacy Claims Over Ring Doorbell
Insurance Journal | June 1, 2023
Amazon to Pay $30.8 Million to Settle FTC Privacy Claims Over Ring Doorbell
Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission related to privacy lapses by its smart devices. In one case, the FTC alleged that Amazon didn’t take steps to protect the privacy …
Union Cleaning Workers in New York City Sue Twitter Over Back Pay
Insurance Journal | June 1, 2023
Union Cleaning Workers in New York City Sue Twitter Over Back Pay
Eleven former Twitter cleaning workers at its New York City offices sued the company Tuesday, saying they are owed hundreds of thousands of dollars in back pay and damages after they were abruptly fired in December. The lawsuit in Manhattan …
UK’s Business Lobby Group Sets Out Proposals for Change After Misconduct Scandals
Insurance Journal | June 1, 2023
UK’s Business Lobby Group Sets Out Proposals for Change After Misconduct Scandals
Britain’s leading business lobby group set out a series of proposals Wednesday that it hopes can secure its future following a string of allegations of inappropriate behavior that led to the cancellation of membership subscriptions from some of the country’s …
Wildfire on Canada’s Atlantic Coast Prompts Evacuation of 16,000, Damages Properties
Insurance Journal | June 1, 2023
Wildfire on Canada’s Atlantic Coast Prompts Evacuation of 16,000, Damages Properties
A wildfire on Canada’s Atlantic coast has damaged about 200 houses and other structures and prompted the evacuation of 16,000 people, many of whom were eager to return Tuesday to see whether homes and pets had survived. Firefighters worked through …