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Category: Insurance Journal

Raising the Curtain on the Recovery and Risks in the Entertainment Industry
Insurance Journal | March 10, 2023
Raising the Curtain on the Recovery and Risks in the Entertainment Industry
When celebrities collect their Oscars on Sunday, none of them will thank insurers. But it’s the insurance industry that makes entertainment production possible, whether it’s movies, live concerts, or even a virtual event. They all need all kinds of insurance. …
Another State, Tennessee, Moves to Authorize Family Leave Insurance for Employers
Insurance Journal | March 10, 2023
Another State, Tennessee, Moves to Authorize Family Leave Insurance for Employers
A Tennessee lawmaker wants insurance carriers to offer paid family leave insurance as a way to make time off more affordable for employers. House Bill 609, sponsored by state Rep. David Hawk, R-Greenville, would establish a new line of insurance …
Swarm of Quakes at Alaska Volcano Could Mean Eruption Coming
Insurance Journal | March 10, 2023
Swarm of Quakes at Alaska Volcano Could Mean Eruption Coming
A swarm of earthquakes occurring over the past few weeks has intensified at a remote Alaska volcano dormant for over a century, a possible indication of an impending eruption. The Alaska Volcano Observatory raised the alert level to advisory status …
Washington Greenhouse Gas Allowance Auction Raises $300M
Insurance Journal | March 10, 2023
Washington Greenhouse Gas Allowance Auction Raises $300M
Washington state’s first auction of greenhouse-gas pollution allowances has generated an estimated $300 million as companies, consumers and the Legislature get a glimpse of the cost of emitting greenhouse gases that are increasing climate catastrophes. The Department of Ecology announced …
OSHA Cites Long Island Thermometer Maker Over Mercury Exposure in Workplace
Insurance Journal | March 10, 2023
OSHA Cites Long Island Thermometer Maker Over Mercury Exposure in Workplace
Federal workplace safety inspectors have cited a New York thermometer manufacturer for overexposing its employees to mercury at its West Babylon facility. Occupational Safety and Health Administration (OSHA) inspectors said they determined Kessler Thermometer Corp. overexposed employees to airborne elemental …
NS Train Derails in Alabama Before CEO is Grilled in Congress
Insurance Journal | March 10, 2023
NS Train Derails in Alabama Before CEO is Grilled in Congress
A Norfolk Southern train derailed Thursday in Alabama, just hours before the rail company’s CEO testified in Congress about last month’s fiery derailment of an Ohio train carrying hazardous chemicals. The northeast Alabama incident, the latest of several recent derailments …
Groups Charge Alabama Officials with Discrimination in Wastewater Funds Allocation
Insurance Journal | March 10, 2023
Groups Charge Alabama Officials with Discrimination in Wastewater Funds Allocation
Environmental organizations have filed a civil rights complaint against Alabama, accusing the state of discriminating against minority communities in how it distributes funding for wastewater infrastructure, including money for families who need help dealing with raw sewage in their yards. …
Voters in Vermont’s Largest City Nix Police Oversight Board
Insurance Journal | March 10, 2023
Voters in Vermont’s Largest City Nix Police Oversight Board
Voters in Vermont’s largest city have rejected a proposal for a community police oversight board that would have had the authority to discipline and remove Burlington police officers. Burlington Mayor Miro Weinberger, a Democrat, vetoed a similar measure in 2020. …
Turkey’s Southeast Exodus After Deadly Earthquake Puts Manufacturing at Risk
Insurance Journal | March 10, 2023
Turkey’s Southeast Exodus After Deadly Earthquake Puts Manufacturing at Risk
Mehmet Alkan, a shoe-sole manufacturer in Turkey’s earthquake-hit south, doesn’t know what will become of his company after some of his 220 employees died and half fled, reflecting the difficult transformation ahead for industry in the region. Forty of his …
Lloyd’s Third-Party Managing-Agent Asta Opens Service Company in Singapore
Insurance Journal | March 10, 2023
Lloyd’s Third-Party Managing-Agent Asta Opens Service Company in Singapore
Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company in Singapore. With the Asian market presenting extensive opportunities, Asta has launched a service company that will enable clients easily …