Tag: insurance-journal

Beijing Court Orders Malaysia Airlines to Pay Damages to Families of MH370 Victims
Insurance Journal | December 10, 2025
Beijing Court Orders Malaysia Airlines to Pay Damages to Families of MH370 Victims
A Beijing court has ruled Malaysia Airlines must pay 2.9 million yuan ($410,000) each to the families of eight passengers who went missing in the disappearance of Flight 370 more than a decade ago. The court ordered the airline to …
Asahi Sales Drop Worsens as Cyber Hack Disruption Lingers
Insurance Journal | December 10, 2025
Asahi Sales Drop Worsens as Cyber Hack Disruption Lingers
Asahi Group Holdings Ltd.’s November beer and other alcohol sales in Japan fell more than the previous month, underscoring the challenges the company faces in recovering from a cyberattack that crippled production and distribution. Asahi said on Wednesday monthly alcohol …
Japan’s Cyber Chief Warns Nation Still Behind on Cybersecurity
Insurance Journal | December 10, 2025
Japan’s Cyber Chief Warns Nation Still Behind on Cybersecurity
Japan still lags behind the US and Europe in defending against cyber threats and improvements are needed across the corporate sector, the nation’s new cyber chief said. “We have our intention to improve our capability, but it’s just started,” National …
Private Equity Firm Brookfield Targets Global Dominance in P/C Insurance Coverage
Insurance Journal | December 10, 2025
Private Equity Firm Brookfield Targets Global Dominance in P/C Insurance Coverage
Brookfield Corp. plans to build its property and casualty insurance business as it looks to exploit a corner of the insurance industry in which the firm has a competitive edge and hasn’t been crowded by other private equity players. The …
Education Dept. Workers Targeted in Layoffs Return to Tackle Civil Rights Backlog
Insurance Journal | December 10, 2025
Education Dept. Workers Targeted in Layoffs Return to Tackle Civil Rights Backlog
The Trump administration is bringing back dozens of Department of Education staffers who were slated to be laid off, saying their help is needed to tackle a mounting backlog of discrimination complaints from students and families. The staffers had been …
Florida OIR to Host its Own Insurance Summit in April With Regulators, Industry Leaders
Insurance Journal | December 10, 2025
Florida OIR to Host its Own Insurance Summit in April With Regulators, Industry Leaders
The Florida Office of Insurance Regulation will host its own insurance summit in April, calling it a chance to hear from industry professionals and regulators, Insurance Commissioner Michael Yaworsky announced this week. The agenda for the April 14-15 summit in …
Lawsuit Seeks Changes to Disney Parks’ Disability Policies
Insurance Journal | December 10, 2025
Lawsuit Seeks Changes to Disney Parks’ Disability Policies
Changes that Disney made to a popular program that lets qualifying disabled people skip long lines at its California and Florida theme parks are too restrictive, disabled fans contend in a federal lawsuit and shareholder proposal that seek to expand …
California Again Delays Wildfire Protection Rules for Homes
Insurance Journal | December 10, 2025
California Again Delays Wildfire Protection Rules for Homes
A California state agency won’t meet Gov. Gavin Newsom’s year-end deadline to finish long-delayed regulations to protect homes from wildfires, rules that experts say could have limited the destruction of the January Los Angeles firestorms. At a meeting of the …
Zillow Deleting Home Climate Risk Scores Reveals Limits of Flood, Fire Data
Insurance Journal | December 10, 2025
Zillow Deleting Home Climate Risk Scores Reveals Limits of Flood, Fire Data
When Zillow Group Inc. removed climate risk scores from its home listings last month, following a complaint from the real estate industry, many observers took to the press and social media to warn that disappearing the data doesn’t get rid …
New York Workers’ Comp Board to Require Video for All Testifying in Virtual Hearings
Insurance Journal | December 9, 2025
New York Workers’ Comp Board to Require Video for All Testifying in Virtual Hearings
Beginning February 2, 2026, all claimants and lay witnesses testifying in virtual hearings before the New York State Workers’ Compensation Board will be required to appear and testify by video with their faces fully visible on screen, and not just …