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Category: Insurance Journal

Honda Recalls More Than 259,000 Cars in the US Due to Brake Pedal Issue
Insurance Journal | June 20, 2025
Honda Recalls More Than 259,000 Cars in the US Due to Brake Pedal Issue
Honda is recalling more than 259,000 of its cars across the U.S. due to a problem that can cause the brake pedal to shift out of position, potentially interfering with a driver’s ability to stop or slow down. According to …
Thriving Southern Cities Face Economic Threat From Funding Cuts
Insurance Journal | June 20, 2025
Thriving Southern Cities Face Economic Threat From Funding Cuts
The same economic anchor that propelled North Carolina’s Research Triangle into one of America’s most thriving economies now risks becoming a liability. Major academic institutions in the community have helped lure businesses of all sizes — and the jobs that …
Runaway Reaction Likely Caused Fatal Explosion at Food Color Plant in Ky., Board Says
Insurance Journal | June 20, 2025
Runaway Reaction Likely Caused Fatal Explosion at Food Color Plant in Ky., Board Says
Materials used in a food-coloring facility in Louisville led to a runaway chemical reaction last November, which likely caused the explosion that killed two workers and seriously injured three others, the U.S. Chemical Safety and Hazard Investigation Board said in …
How Will Tesla Remotely Control Robotaxis, And What Are The Limitations?
Insurance Journal | June 20, 2025
How Will Tesla Remotely Control Robotaxis, And What Are The Limitations?
Tesla is expected to tiptoe into its long-awaited robotaxi service in Austin, Texas, as soon as Sunday with about 10 of its Model Y SUVs that will operate within strict limits. CEO Elon Musk has said the company is being …
California Utilities Expand Power Shutdowns as Winds Rise
Insurance Journal | June 20, 2025
California Utilities Expand Power Shutdowns as Winds Rise
California utilities cut power to more than 62,000 customers across the state in an attempt to stop wildfires from starting as dry winds sweep the region. PG&E Corp. cut off power to around 60,000 customers scattered across seven counties and …
FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of Schemes
Insurance Journal | June 20, 2025
FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of Schemes
Paddle.com Market, a U.K.-based payment processor, and its subsidiary, Paddle.com, Inc., will pay $5 million and be permanently banned from processing payments for tech-support telemarketers, said the Federal Trade Commission this week. The FTC alleged that Paddle abused the U.S. …
Boston Jury Awards $8 Million to Cancer Patient Who Was Lifetime User of J&J Powder
Insurance Journal | June 20, 2025
Boston Jury Awards $8 Million to Cancer Patient Who Was Lifetime User of J&J Powder
A Boston jury has awarded $8 million to a Massachusetts woman who developed mesothelioma after years of using Johnson & Johnson’s talcum powder products. The jury found the pharmaceutical giant liable for negligence and breach of warranty, concluding that the …
Michigan Battery Manufacturer to Pay $95K Over Disability Discrimination Suit
Insurance Journal | June 20, 2025
Michigan Battery Manufacturer to Pay $95K Over Disability Discrimination Suit
Navitas Systems, LLC, an Ann Arbor, Michigan battery manufacturer, will pay $95,000 and furnish other relief to resolve a disability discrimination lawsuit filed by the U.S. Equal Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s lawsuit, Navitas …
Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting
Insurance Journal | June 20, 2025
Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting
Howden Acquires Chilean Retail Insurance Broker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in Santiago, Chile. Following completion of the acquisition, Felipe Ureta …
China Warns of More Floods as Extreme Storms Hit World’s No. 2 Economy
Insurance Journal | June 20, 2025
China Warns of More Floods as Extreme Storms Hit World’s No. 2 Economy
Central and southern China were on high alert for more flash floods on Friday as the annual East Asia monsoon gathered pace and extreme rainfall threatened disruption in the world’s second-largest economy. Red alerts, the first for this year, were …