Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge April 17, 2024 By Jonathan Saul Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile...
Triple-I: Insurance Economic Drivers Outperform Overall US GDP April 17, 2024 The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation’s Gross Domestic Product (GDP)...
MGM Resorts Sues FTC to Stop Investigation of Casino Hack April 17, 2024 By Sabrina Willmer MGM Resorts International sued the Federal Trade Commission to stop an investigation into how it dealt with a cybersecurity attack...
Cerebral Inc. to Pay $7M for Data Exposure, Non-Cancels on Counseling Subscriptions April 17, 2024 By Insurance Journal Staff Reports Cerebral Inc., a major U.S. provider of telemedicine mental health services, will likely have to pay $7 million in penalties...
People Moves: Woodruff Sawyer Promotes Erickson to Employee Benefits Practice Leader April 17, 2024 Woodruff Sawyer promoted Dave Erickson to employee benefits practice leader. Most recently, he led Woodruff Sawyer’s employee benefits operations. Erickson...
The Auto Store in New Jersey Pays $868K to Settle 35 Safety Violations April 17, 2024 One of the East Coast’s largest auto recyclers and used parts suppliers has agreed to pay $868,000 in penalties related...
Freight Railroads Ask Courts to Throw Out Rule Requiring Two-Person Crews on Trains April 17, 2024 By Josh Funk Four railroads have asked federal appeals courts to throw out a new rule that would require two-person train crews in...
Trump’s Bond Insurer Tells Judge Shortfall Is ‘Inconceivable’ April 17, 2024 By Erik Larson Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York’s civil fraud case is...
Ship That Caused Baltimore Bridge Collapse Had Apparent Electrical Problems at Dock April 17, 2024 By Sarah Brumfield, Lea Skene and Eric Tucker Hours before leaving port, the massive container ship that caused the deadly collapse of a Baltimore bridge experienced apparent electrical...
‘Forever Chemicals’ Found in Water Sources Around New Mexico, Studies Find April 17, 2024 So-called forever chemicals have been found in water sources across New Mexico, according to recent studies by the U.S. Geological...