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News Archives - Insurance Journal
Ohio Contractor Sentenced to 17 Years in Prison on Fraud Charges
A pole barn contractor who defrauded consumers of more than $400,000 has been sentenced to at least 17 years in prison after being convicted of 47 felony counts, Ohio Attorney General Dave Yost announced this week.. This month, Marion resident …
POSTED MARCH 27, 2026 4:48 PM |
Amid Drought, Corpus Christi Seeks Water From Privately Owned Plant
Six months after scrapping their own seawater desalination plant project, Corpus Christi City Council voted Tuesday to consider an agreement with a private company to purchase water from its desalination plant to help stave off an impending water emergency. The …
POSTED MARCH 27, 2026 4:44 PM |
People Moves: Marsh Risk Names Zafiriadis to Lead New Service Delivery Practice
Marsh names Zafiriadis Leader of new Service Delivery Practice, US and Canada, Marsh Risk Marsh, headquartered in New York City, appointed Katrina Zafiriadis as leader of its newly established service delivery practice (SDP), U.S. and Canada, Marsh Risk. Based in …
POSTED MARCH 27, 2026 3:19 PM |
Medical Journal Lancet Retracts 49-Year-Old Baby Powder Paper Over J&J Breach
The Lancet, one of the world’s leading medical journals, retracted a nearly five-decade-old paper extolling the safety of talc, the main ingredient in Johnson & Johnson’s iconic baby powder that fueled tens of thousands of lawsuits against the company after …
POSTED MARCH 27, 2026 3:13 PM |
Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction
Major online betting platforms and the National Football League (NFL) are facing a product liability lawsuit in Pennsylvania alleging that their live in-game microbetting product is an “inherently dangerous product designed to maximize betting behavior that leads to addiction.” The …
POSTED MARCH 27, 2026 2:57 PM |
Meta Funds Seven Gas Plants for Biggest Data Center
Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid a fast-moving artificial intelligence race. The company reached a new agreement with …
POSTED MARCH 27, 2026 2:31 PM |
Georgia Employers Fined for Repeat Silica Exposure for Workers
The federal Occupational Safety and Health Administration has proposed fines for two Georgia employers for failing to address safety violations that had exposed workers to noise and silica dust, which can cause severe respiratory illness. After a follow-up inspection, OSHA …
POSTED MARCH 27, 2026 2:14 PM |
Georgia Tax Bill Would Take Billions in Breaks From Companies
Georgia wants to lower income taxes. Some of the world’s biggest companies are standing in the way. A state Senate bill that would all but exempt many lower- and middle-income earners from state income tax is stalling in the Georgia …
POSTED MARCH 27, 2026 1:45 PM |
The Scope of Damage From Hawaii’s Floods Becomes Clearer
The worst flooding to hit Hawaii in two decades has swept homes off their foundations, floated cars out of driveways and left floors, walls and counters covered in thick, reddish volcanic mud. Authorities said hundreds of homes had been damaged, …
POSTED MARCH 27, 2026 1:33 PM |
US Senate Votes to Fund Most of Homeland Security After Shutdown Disrupts Airports
The US Senate passed legislation early Friday to fund most of the Department of Homeland Security, forging a path to end a lengthy partial government shutdown that snarled airport security and threatened to ripple through an economy already roiled by …
POSTED MARCH 27, 2026 12:37 PM |
News Archives - Claims Journal
Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk
Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner …
POSTED MARCH 27, 2026 3:37 PM |
Bessent Says Hormuz Ships Insurance Program to Start Soon
Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. Bessent’s predictions, delivered …
POSTED MARCH 27, 2026 1:48 PM |
Crypto ‘Insurance’ Might Not Protect You From Theft
When Matthew Allan realized nearly $100,000 in Bitcoin was missing from his Coinbase account, he wasn’t too worried. He had signed up for Coinbase One, a $29.99 monthly subscription that promised up to $1 million of account protection. Coinbase’s response? …
POSTED MARCH 27, 2026 1:28 PM |
EFI Global Names McComas Senior Vice President of Sales
EFI Global named Jamie McComas as senior vice president of sales. McComas will lead EFI Global’s sales and growth strategy. McComas has two decades of experience. Prior to joining EFI Global, McComas held leadership and she also led national business …
POSTED MARCH 27, 2026 5:00 AM |
Car Insurer First Central Is Said to Tap Banks for London IPO
First Central Group Ltd., the U.K. vehicle and home insurer, has appointed investment banks as it prepares for a potential initial public offering in London, according to people familiar with the matter. The company has lined up Deutsche Bank AG …
POSTED MARCH 27, 2026 5:00 AM |
DOJ Sues SeaWorld’s Parent Company for Disability Discrimination
The Justice Department is suing United Parks & Resorts Inc., the parent company of Sea World, for allegedly discriminating against people with disabilities at its theme parks with a policy banning wheeled walkers with seats. The government alleges the policy …
POSTED MARCH 27, 2026 5:00 AM |
Musk Rips Twitter Verdict, Claims Jury’s $4.20 ‘Joke’ Mocked Him
Elon Musk’s lawyer says the billionaire didn’t get a fair trial because a San Francisco jury slipped a “bizarre and highly questionable” joke into a verdict form when it concluded he defrauded Twitter Inc. shareholders before acquiring the social media …
POSTED MARCH 26, 2026 6:30 PM |
Jury Verdicts Against Meta, Google Tee up Fight Over Tech Liability Shield
Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet’s Google liable, potentially teeing up an appeals fight that could reshape how …
POSTED MARCH 26, 2026 3:11 PM |
LaGuardia Controllers Often Faced Late Sunday Rush Before Crash
The two air traffic controllers at LaGuardia Airport were grappling with a higher-than-anticipated workload, complicated by foul weather, when an inbound Air Canada Express jet plowed into a fire truck on Sunday evening, killing both pilots. The heavy, late-evening traffic …
POSTED MARCH 26, 2026 3:05 PM |
FEMA to Offer $1 Billion Through Embattled Disaster Mitigation Fund
The Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled and criticized as being wasteful. The move was prompted by an order from a U.S. …
POSTED MARCH 26, 2026 2:05 PM |
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