News Center
News Archives - Insurance Journal
EU Weighs Easing Corporate Liability Under Toughest ESG Law The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches in their supply chains, ahead of a package designed to remove red tape from the bloc’s ESG regulatory framework. The …
POSTED FEBRUARY 12, 2025 2:27 PM |
Drought Leaves Canadian Farmers Unpaid, Reveals Holes in Safety Net Canadian farmer Bill Prybylski planned to buy a new tractor with proceeds from crops sold to two grain companies in early 2024. He delivered the grain before both companies declared bankruptcy, leaving him short C$165,000 ($113,487.86) they owed. Now Prybylski …
POSTED FEBRUARY 12, 2025 1:02 PM |
Cyclone Zelia Strengthens Off Australia’s Major Iron Ore Hub Tropical Cyclone Zelia has strengthened off Western Australia and is expected to cross the coast on Friday near the nation’s major iron ore export hub, bringing heavy rain and damaging wind gusts. Zelia is forecast to intensify further as it …
POSTED FEBRUARY 12, 2025 10:02 AM |
Taiwan Environment Minister Eyes Insurance Funds to Help With Green Transition Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy transition as part of its climate change and carbon reduction goals, Environment Minister Peng Chi-ming has said. Although most countries …
POSTED FEBRUARY 12, 2025 9:45 AM |
UniCredit Raises Generali Stake as CEO Orcel Seeks Deals Influence UniCredit SpA has expanded its holding in Italy’s largest insurer, potentially giving Chief Executive Officer Andrea Orcel more influence in future deals. Orcel said Tuesday during UniCredit’s fourth-quarter earnings call that the bank now controls more than 5% in Assicurazioni …
POSTED FEBRUARY 12, 2025 9:35 AM |
US SEC Will Not Defend Climate Rule in Court The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial rule requiring thousands of public companies to disclose the threats their businesses face from risks related to the climate and …
POSTED FEBRUARY 12, 2025 6:22 AM |
Cash-Flush Florida Seeks to Retire $1.7 Billion of Debt and Prepare for Storms Municipal bonds sold by the state of Florida are poised to become much scarcer. That’s because Governor Ron DeSantis plans to pay down $1.7 billion of tax-supported debt as part of his budget proposal for the fiscal year that begins …
POSTED FEBRUARY 12, 2025 6:02 AM |
Case to Clarify Economic Loss Rule Settles Days Before Fla. Supreme Court Arguments A potentially landmark ruling from the Florida Supreme Court, which liability insurers had hoped would greatly expand how much they can recover in subrogation actions, will have to wait for another day. In the closely watched NBIS Construction and Transport …
POSTED FEBRUARY 12, 2025 6:01 AM |
North Carolina Insurance Agent Charged With Forgery, ID Theft on Life Insurance Policy A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out a life insurance policy with Southern Farm Bureau Life Insurance Co. The North Carolina Department of Insurance said that Matthew …
POSTED FEBRUARY 12, 2025 6:01 AM |
Whitewater Rafting Businesses Face Uncertain Future After Hurricane Helene ERWIN, Tenn. (AP) — After 24 years of guiding whitewater trips on the Nolichucky River Gorge for other companies, Patrick Mannion finally received a permit last year to operate his own outfitter business. But following the devastation of Hurricane Helene, …
POSTED FEBRUARY 12, 2025 6:01 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does The Anderson Insurance Agency, Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|