Typhoon Kajiki is set to make landfall along Vietnam’s northern coast on Monday, after gathering strength over the weekend as the system tracked west across warm ocean waters. The storm was 145 kilometers (90 miles) east of Ha Tinh city …
Category: Insurance Journal
Stricter Return-to-Office Policies Are Boosting Growth for Catering Providers
Tighter in-office mandates and the high cost of eating out are driving more workers to corporate cafeterias, where upgraded amenities and better food are used to lure staff back. That’s boosting volumes and growth prospects for caterers, including Aramark, Compass …
FTC Chair Warns Tech Firms Not to Weaken Data Privacy to Comply With EU, UK Laws
The chairman of the U.S. Federal Trade Commission warned Apple, Alphabet, and other technology companies that efforts to comply with British and European digital content laws could violate U.S. law if they weaken privacy and data security protections for American …
Alabama Court Cuts Tax Bill for Remote-Working Adjuster, But Questions Remain
Claims adjusters, many of whom work remotely and travel extensively, can take heart from a recent Alabama court ruling, knowing that they may not have to pay the state’s income taxes, even if the adjusting firm is based in that …
Waymo Gets Green Light to Test Robotaxis in Manhattan and Brooklyn
New York City is allowing the robotaxi company Waymo to test a few of its autonomous vehicles in Manhattan and downtown Brooklyn, officials said Friday as the technology picks up in popularity in other metro areas. The company will start …
NFL Boosts Security at Offices Following Shooting That Killed 4 Last Month
The NFL has increased security at its offices following a shooting last month at a Manhattan building by a gunman authorities say was targeting league headquarters. “We are working with the building and the other tenants within the building on …
Owner of Water Machine Manufacturer Charged in $275 Million Fraud Scheme
The Securities and Exchange Commission has charged Ryan Wear, of Marysville, Washington, and his entities, Water Station Management LLC and Creative Technologies, Inc., for operating two related Ponzi-like schemes between September 2016 and February 2024 that raised more than $275 …
Heat Draws Visitors to Death Valley, Where It’s Tough to Communicate Risk
Ray Estrada’s 11-year-old grandson is used to Las Vegas’ scorching summers, but he’d always wanted to experience the heat in one of the Earth’s hottest places. So Estrada recently drove him to Death Valley National Park, with an umbrella, extra …
Missouri’s Mutual Insurance Companies Report Stronger Results in 2024
The Missouri Department of Commerce and Insurance (DCI) announced the state’s mutual insurance companies reported a considerable reduction in net losses from $17.7 million in 2023 to just $4.8 million in 2024. In 2024, mutuals managed 205,000 policies representing more …
AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern Farm Bureau Casualty Insurance Company, Colorado Farm …