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Category: Insurance Journal

EU Urged to Simplify Life for Companies by Aligning Climate Reporting With Int’l Rules
Insurance Journal | September 1, 2022
EU Urged to Simplify Life for Companies by Aligning Climate Reporting With Int’l Rules
The European Union should make extra time to align its policies with international rules on reporting on climate change to save time in the long run and simplify life for companies, global standard setting board said on Wednesday. That could …
London’s Financial Services Firms See Potential in Liz Truss’ ‘Radical’ Policies
Insurance Journal | September 1, 2022
London’s Financial Services Firms See Potential in Liz Truss’ ‘Radical’ Policies
After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the pandemic, Rishi Sunak must have expected the full-throated backing of the financial sector when he made a bid to lead …
Mapping US Coastlines May ‘Drive More Equality’ in Climate Adaptation Policy
Insurance Journal | September 1, 2022
Mapping US Coastlines May ‘Drive More Equality’ in Climate Adaptation Policy
A Canadian technology company is using aerial imagery to build high-precision maps of US shorelines that will be used to help coastal communities adapt to climate change. By cataloguing which neighborhoods have more impervious surfaces like sidewalks and driveways compared …
Starbucks Executives, Directors Are Sued Over Diversity Policies
Insurance Journal | September 1, 2022
Starbucks Executives, Directors Are Sued Over Diversity Policies
Starbucks Corp. executives and directors have been sued by a conservative think tank that believes the coffee chain’s efforts to promote diversity amount to racial discrimination. In a complaint filed on Tuesday, the National Center for Public Policy Research objected …
More Frequent, More Expensive Cyberattacks Spur US Spending on IT
Insurance Journal | September 1, 2022
More Frequent, More Expensive Cyberattacks Spur US Spending on IT
A new study from insurer Hiscox shows that cyberattacks on U.S. businesses are more frequent and more expensive than ever before. The annual Hiscox Cyber Readiness Report, which gauges businesses’ preparedness to combat cyber incidents and breaches, surveyed over 5,000 …
Crossing the Rubicon (Again): New Arrests in Florida Insurance Schemes
Insurance Journal | September 1, 2022
Crossing the Rubicon (Again): New Arrests in Florida Insurance Schemes
Those familiar with insurance fraud schemes in Florida will remember Operation Rubicon. That was the year-long investigation by Miami-Dade and Florida authorities into an alleged property insurance fraud scheme that involved public adjusters, restoration companies, insurance agents, a police officer …
California Oks Bill Protecting Workers Who Use Marijuana at Home
Insurance Journal | August 31, 2022
California Oks Bill Protecting Workers Who Use Marijuana at Home
California could soon become the seventh state to make sure people won’t lose their jobs if they smoke marijuana when they’re off the clock. State lawmakers this week passed a bill that would stop companies from punishing workers who fail …
Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit
Insurance Journal | August 31, 2022
Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit
Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. Exxon has been trying to exit the Sakhalin-1 project in the …
Texas Newspaper Sued Over Firing Worker for Bug Bite Complaints
Insurance Journal | August 31, 2022
Texas Newspaper Sued Over Firing Worker for Bug Bite Complaints
While media organizations depend on their reporters’ abilities to expose issues of public concern, a journalist at the Killeen Daily Herald found themselves out of a job when they complained to the newspaper’s management that they believed fleas had infested …
Severe Storms Blamed in 3 Deaths in Michigan, Ohio, Arkansas
Insurance Journal | August 31, 2022
Severe Storms Blamed in 3 Deaths in Michigan, Ohio, Arkansas
Severe storms that brought damaging winds, heavy rains and flash flooding to parts of the Midwest and the South were blamed for the deaths of three people, including two children in Michigan and Arkansas as well as a woman in …