Tag: insurance-journal

McDonald’s Keeps ‘Core’ Inclusion Programs Despite DEI Backlash
Insurance Journal | June 9, 2025
McDonald’s Keeps ‘Core’ Inclusion Programs Despite DEI Backlash
McDonald’s Corp. said it’s sticking to its most important inclusion initiatives, even as the Trump administration and conservative activists attack diversity, equity and inclusion practices. McDonald’s earlier this year retired “aspirational representation goals” for its workforce and a diversity pledge …
Former WV Fire Official Sentenced to 33 Months for Arson, Insurance Fraud
Insurance Journal | May 30, 2025
Former WV Fire Official Sentenced to 33 Months for Arson, Insurance Fraud
A former West Virginia volunteer fire official who pleaded guilty to fraud after burning down his home and misusing the fire department’s credit card has been sentenced to 33 months in prison. Donald A. Ennis, 44, of St. Albans, also …
ZestyAI Gains Michigan Approval
Insurance Journal | May 30, 2025
ZestyAI Gains Michigan Approval
ZestyAI announced that the Michigan Department of Insurance and Financial Services has approved its severe convective storm suite. The approval comes as Michigan contends with rising weather-related insurance losses. According to NOAA’s National Centers for Environmental Information (NCEI), the state …
Texas House Advances Bill to Allow Homes on Smaller Lots
Insurance Journal | May 30, 2025
Texas House Advances Bill to Allow Homes on Smaller Lots
The Texas House gave a thumbs Wednesday to a bill allowing smaller homes on smaller lots in Texas’ biggest cities, part of a broad push by state lawmakers to put a dent in the state’s high home prices. But the …
Congress Could Unravel Biden’s Climate Law. Here’s What to Watch
Insurance Journal | May 30, 2025
Congress Could Unravel Biden’s Climate Law. Here’s What to Watch
The Republican-led House of Representatives has narrowly passed a giant tax and spending bill that would end Inflation Reduction Act subsidies for clean power years early. The proposed changes threaten to unravel a variety of incentives that would result in …
EU to Propose More Flexible Climate Goal, Sources Say
Insurance Journal | May 30, 2025
EU to Propose More Flexible Climate Goal, Sources Say
The European Commission will propose a new EU climate target in July that includes flexibilities for how countries meet it, as Brussels attempts to fend off mounting criticism of Europe’s environmental aims, EU diplomats told Reuters. The European Union’s climate …
Wildfires in Alberta Pose Growing Threat to Canada’s Oil
Insurance Journal | May 30, 2025
Wildfires in Alberta Pose Growing Threat to Canada’s Oil
Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites. A total of 26 out-of-control fires are burning in the province amid hot, dry weather, bringing flames …
People Moves: Markel Taps Former RSA Exec Mooney to Succeed Galjaard; AXA XL Reinsurance Names Ivanova as Head of Property, International Reinsurance
Insurance Journal | May 30, 2025
People Moves: Markel Taps Former RSA Exec Mooney to Succeed Galjaard; AXA XL Reinsurance Names Ivanova as Head of Property, International Reinsurance
This edition of International People Moves details executive appointments at Markel and AXA XL Reinsurance. A summary of these new hires follows here. Markel Taps Former RSA Exec Mooney to Succeed Galjaard Who Will Step Down Markel, the insurance operations …
Farmers Press Trump for Biofuels Boost to Counter Tariff Losses
Insurance Journal | May 30, 2025
Farmers Press Trump for Biofuels Boost to Counter Tariff Losses
After losing their biggest export market due to Donald Trump’s trade wars, US farmers are now counting on the president’s support for biofuels to prevent their next crop from piling up in storage. The administration is set to soon unveil …
CVS and Express Scripts Sue to Block Arkansas Law Restricting Pharmacy Benefit Managers
Insurance Journal | May 30, 2025
CVS and Express Scripts Sue to Block Arkansas Law Restricting Pharmacy Benefit Managers
CVS and Express Scripts asked a federal judge on Thursday to block a law prohibiting pharmacy benefit managers from owning or operating pharmacies in Arkansas, challenging the first such restriction enacted by a state. The lawsuits come a little over …