Insurance Journal RSS feed

Regulators in Ohio, a key data center market, ruled that data centers will have to pay for some of their energy requests regardless of whether the electricity ends up being needed. The Public Utilities Commission of Ohio on Wednesday voted …

The Trump administration said Thursday that it has opened an investigation into whether a Minnesota state agency’s newly updated affirmative action policy violates civil rights laws. The Minnesota Department of Human Services’ policy requires supervisors to provide a “hiring justification …

Across a wide swath of Texas, the inundated rivers that ravaged communities also tore through farms and ranches. In the town of Bend, about two hours north of Austin, Boyd Clark waded into rising waters to help one of his …

Oscar Rafeal Ruiz was a busy man in 2023 and 2024, jetting to numerous places, losing his luggage multiple times and filing travel insurance claims of almost $300,000. The problem, North Carolina authorities said, is that most of the claims …

Wireless carrier T-Mobile US said on Wednesday it is ending its diversity, equity and inclusion programs, under pressure from the Trump administration as it seeks regulatory approval for two major deals. T-Mobile said in a letter to Federal Communications Commission …

The federal Occupational Safety and Health Administration fined a Georgia countertop maker $33,000 for allegedly exposing workers to high levels of silica dust, which causes silicosis and other respiratory ailments. Brazilian Stone Design, in Powder Springs, which makes and sells …

NEWNAN, Ga. (AP) — A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least $140 million, federal officials alleged in a complaint filed Thursday. The civil lawsuit by the U.S. Securities and Exchange Commission …

States have secured about $720 million in settlements from eight pharmaceutical companies accused of fueling the opioid epidemic. The settlement was achieved as part of a nationwide collaborative effort by state attorneys general. Individual states’ ultimate shares of the $720 …

After Outlook users ran into issues accessing their email accounts late Wednesday and into Thursday, Microsoft says that affected systems are back online. Microsoft 365 first said that it was investigating an issue with Outlook Wednesday night, and later shared …

By segmenting retail brokers into tiers using premium volume, profitability and strategic alignment as factors to define top tiers, carriers can start to win more business, according to a new consulting firm report. The report, How Insurers Can Win More …

This edition of International People Moves details appointments at the broker Consilium and Everest’s International Insurance Operation. A summary of these new hires (and one exit) follows here. Consilium Taps Carpenter’s Coleman for C-Suite, as Co-CEO Baird Is Removed Consilium, …

A New York state law holding gun manufacturers potentially liable when their weapons are used in deadly shootings was upheld Thursday by a federal appeals court. The ruling Thursday by the 2nd U.S. Circuit Court of Appeals in Manhattan affirmed …

Insurance broker Aon plc announced the launch of its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility designed to help clients manage risk across every stage of data center development and operations. As global investment in digital …

The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and killed sailors this week, underscoring how the attacks have revived risk in the crucial waterway. Shipowners now have to pay …

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said. The Commission proposed …

After deadly flooding in central Texas in 1987, some thought they’d proven they could handle Mother Nature’s best punch. Then came this month’s horrific flash floods, when unfathomable amounts of rain fell in only hours and more than 100 people …

The team of hurricane researchers at Colorado State University shaved off a storm from its original Atlantic hurricane season forecast, and now sees a “slightly” above normal season. High levels of observed Caribbean wind shear, which break up storms, is …

Montse Aguilar was a healthy 51-year-old woman when she started her shift cleaning streets in Barcelona at around 2:30 p.m. on June 28. The Spanish city was under alert for high temperatures amid a brutal heat wave that brought record …

Arch Insurance North America said five of its executives were named to the newly-created roles of division presidents, effective Aug. 1. Linda Fallon has been named Division President, Consumer Business, which includes the Travel, Accident & Health unit and the …

The Silicon Valley venture capital firm Andreessen Horowitz is reincorporating its business from Delaware to Nevada and calling for its portfolio companies to do the same — citing concerns over bias in the state “against founders and their boards.” The …