Ford Recalls 634,000 Vehicles Worldwide Over Fire Risks November 28, 2022 By David Shepardson Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possible cracked fuel injectors and...
Hazard Assessments Lag at Restaurant Companies: Marsh November 28, 2022 By Allen Laman Formal hazard assessments at restaurants are key in reducing worker injuries and insurance claims. In recent years, however, a sizeable...
FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys November 23, 2022 By Dietrich Knauth, Tom Hals and Tom Wilson FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in...
NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers November 23, 2022 By Chad Hemenway In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over...
Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years November 23, 2022 The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five...
Widow Asks $55M From NCAA for Football Player’s Death November 23, 2022 By Brian Melley Attorneys asked a jury Monday to award $55 million to the widow of a former USC football player, in a...
Insurance Journal Releases New Single from First Insurance-Themed Holiday Album November 23, 2022 Insurance Journal, a Wells Media Company, is pleased to announce the release of its entertaining first single, “O Property O...
Teva, AbbVie Finalize $6.6B Opioid Settlements November 23, 2022 By Brendan Pierson Teva Pharmaceutical Industries Ltd. and AbbVie Inc. have finalized the terms of settlements worth more than $6.6 billion to resolve...
First U.S. Coral Insurance Marks the Rise of the Reef Brigades November 22, 2022 By Clare Baldwin Conservation group The Nature Conservancy’s vision for the future of coral protection involves speed boats, and a global army of...
FHA Opens Special Flood Areas to Private Insurers November 22, 2022 By Allen Laman The Federal Housing Administration (FHA) has announced regulations to allow mortgagors the option to purchase private flood insurance on FHA-insured...