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Tag: insurance-journal

Trump Children to Testify in New York Civil Trial
Insurance Journal | November 1, 2023
Trump Children to Testify in New York Civil Trial
Ivanka Trump’s testimony at her father’s New York civil fraud trial is being delayed until next week so there is sufficient time for her to be questioned, a judge said Monday. Former President Donald Trump’s eldest daughter had been set …
Bayer Investor Calls for Rethink After Latest Glyphosate Defeat
Insurance Journal | November 1, 2023
Bayer Investor Calls for Rethink After Latest Glyphosate Defeat
Bayer investor Union Investment said on Wednesday the German group should reconsider its litigation strategy for glyphosate after it lost a trial over the weed killer’s alleged carcinogenic effects for a third time in a row. A California jury on …
China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks
Insurance Journal | November 1, 2023
China Eases Investment Rules for Insurers in Bid to Boost Flows Into Stocks
China has taken a move that effectively allows insurance firms to make longer-term investment in shares, adding to a drumbeat of support measures to revitalize the country’s stock market. The Ministry of Finance will from now on evaluate insurers’ return …
Insurance Premiums Are Big Driver of Australian Inflation
Insurance Journal | November 1, 2023
Insurance Premiums Are Big Driver of Australian Inflation
Australian inflation is being driven by climate change, geopolitical shocks and government policies — factors typically beyond the Reserve Bank’s control. Yet economists still anticipate it will have to respond with monetary tightening as soon as next week. In a …
NFP Acquires Ireland-Based Health and Safety Consultancy, SeaChange Ltd.
Insurance Journal | November 1, 2023
NFP Acquires Ireland-Based Health and Safety Consultancy, SeaChange Ltd.
NFP, a New York City-based property/casualty broker, announced it has acquired SeaChange Ltd., a health and safety consultancy based in Naas, County Kildare, in Ireland. This acquisition expands NFP’s European health and safety capabilities and solutions for the company’s Irish, …
Death Toll Lowered to 7 in Louisiana Super Fog Highway Crashes Involving 160 Vehicles
Insurance Journal | November 1, 2023
Death Toll Lowered to 7 in Louisiana Super Fog Highway Crashes Involving 160 Vehicles
NEW ORLEANS (AP) – The death toll from last week’s series of highway crashes blamed on a “super fog” of smoke from marsh fires mixed with dense fog has been lowered from eight to seven people, according to Louisiana State …
Tesla Cleared of Fault in Fatal Chinese Crash: Local Media Reports
Insurance Journal | November 1, 2023
Tesla Cleared of Fault in Fatal Chinese Crash: Local Media Reports
A Chinese court has ruled a Tesla Inc. vehicle wasn’t the cause of a 2022 accident that killed two people and injured three others, Shanghai Securities News reported. The automaker had sued a social media influencer who alleged the crash …
Alliant Acquires Oklahoma’s 3IG & The Arrow Group
Insurance Journal | November 1, 2023
Alliant Acquires Oklahoma’s 3IG & The Arrow Group
Alliant Insurance Services has acquired 3000 Insurance Group (3IG), a retail property and casualty (P&C) insurance and employee benefits firm based in Oklahoma City, Oklahoma. Joining the Alliant Americas division, 3IG provides commercial risk management and personal lines insurance coverages. …
Ending Polarization and Building Future Leaders: Travelers CEO
Insurance Journal | November 1, 2023
Ending Polarization and Building Future Leaders: Travelers CEO
Challenges facing today’s business leaders include keeping pace with rapid change, the leader of Travelers said last week while also going out of his way to cast light on a serious obstacle to forward progress: polarization. “I think it’s a …
SolarWinds Staff Warned About Security Holes Before Russia Hack
Insurance Journal | November 1, 2023
SolarWinds Staff Warned About Security Holes Before Russia Hack
Well before Russia’s audacious cyberattack that exploited SolarWinds Corp.’s software was made public, several employees allegedly raised red flags about holes in the company’s security. Their warnings, documented in a lawsuit filed by US regulators, raise questions about whether the …