Insurance
Bulk Carrier Hits Mine in Black Sea, 2 People Injured, Ukraine Says
A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mine in the Black Sea on Wednesday, injuring two crew members, Ukrainian officials said on Thursday. It was the latest incident of …
Read More Tokyo Court Rules Only Fukushima Operator Must Pay Damages to Evacuees
A Tokyo court has ruled that only the operator of the tsunami-wrecked Fukushima nuclear power plant had to pay damages to dozens of evacuees, relieving the government of responsibility. Plaintiffs criticized the ruling as belittling their suffering and the severity …
Read More Self-Driving Cars Could Be on UK Roads by 2026: Transport Minister
Self-driving cars could be on some British roads by 2026, the country’s transport minister Mark Harper said on Wednesday. Cars with full self-driving technology are not currently permitted on Britain’s roads but the government’s Automated Vehicles (AV) legislation is going …
Read More Half of Red Sea Container-Ship Fleet Avoids Route on Threat of Attacks
Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data. The tally compiled by Flexport Inc. shows 299 vessels with …
Read More China Metals Giant Faces Protest in Indonesia After Fatal Blast
Workers at a Tsingshan Holding Group plant in Indonesia staged a demonstration and demanded new working conditions after an explosion on Sunday that killed at least 19 people. The deadly blast at a furnace run by PT Indonesia Tsingshan Stainless …
Read More Twitter Violated Contract by Failing to Pay Millions in Bonuses, Judge Rules
Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior director of compensation …
Read More Alibaba Must Face Lawsuit Over Counterfeit Squishmallows
A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children’s toy Squishmallows on its online platforms. U.S. District Judge Jesse Furman in Manhattan said …
Read More US Seizes BlackCat Ransomware Site, Offering Decryption Tool
The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of dollars from victims around the world. The website for the extortion group BlackCat, also known as ALPHV or Noberus, on …
Read More US Workplace Stress at All Time High, Survey Says
Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association’s “Work in America Survey: Workplaces as Engines of Psychological Health & Wellbeing.” The national survey found that 77% of U.S. workers …
Read More Top Insurance Journal D&O Storylines of 2023
Million-dollar court cases, expert predictions and in-depth market analysis — Insurance Journal’s top-read directors and officers insurance stories in 2023 scrutinized notable national headlines through a D&O lens. Meanwhile, big-picture evaluations continued to draw attention, as did a legal dispute …
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