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News Archives - Insurance Journal

Mobile Lounge Crash Into Dock at Dulles Airport Injures 18 People
A vehicle transporting passengers at a Washington, D.C.-area airport hit a dock at the building Monday afternoon, sending 18 people to the hospital, according to officials. A mobile lounge, which transports passengers between the terminal and aircraft, struck the dock …

POSTED NOVEMBER 12, 2025 1:13 AM
New York City Firefighter Dies After Responding to a Five-Alarm Blaze
New York City firefighter died Saturday after suffering a medical episode while battling a five-alarm fire at a Brooklyn apartment building, authorities said. Patrick D. Brady, 42, went into cardiac arrest while working on the roof of the six-story building …

POSTED NOVEMBER 12, 2025 1:09 AM
United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’
United Airlines has asked a federal judge to dismiss a lawsuit claiming it unfairly charged passengers extra money to sit in “window seats” that, to their surprise, lacked windows. Passengers filed proposed class actions in August against United and Delta …

POSTED NOVEMBER 11, 2025 8:46 PM
Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares
Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire …

POSTED NOVEMBER 11, 2025 6:00 AM
People Moves: IUA Names Convex’s Butt as Chair as McDonald’s 2-Year Term Ends
International Underwriting Association Names Convex’s Butt as Chair Theo Butt, chief Executive Officer, UK for Convex Insurance, has been elected as the new chair of the International Underwriting Association (IUA). He will take over from Claire McDonald, chief executive officer …

POSTED NOVEMBER 10, 2025 5:12 PM
New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect
New York Attorney General Letitia James has issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically adjust prices based on …

POSTED NOVEMBER 10, 2025 5:02 PM
Japan Firms Win Big Benefits From Spending on Climate Resilience, CDP Says
Companies in Japan are likely to win greater benefits than global peers from spending on climate resilience, according to CDP, an environmental disclosure nonprofit. Businesses in the nation face disruption risks from issues including earthquakes and flooding, while spells of …

POSTED NOVEMBER 10, 2025 4:33 PM
Crews Work to Fix Alaska Native Villages Devastated by Floods
Darrel John watched the final evacuees depart his village on the western coast of Alaska in helicopters and small planes and walked home, avoiding the debris piled on the boardwalks over the swampy land. He is one of seven residents …

POSTED NOVEMBER 10, 2025 4:28 PM
People Moves: Wong Named WCIRB Chief Information Officer
The Workers’ Compensation Insurance Rating Bureau of California promoted Christopher Wong to chief information officer. Wong succeeds Eric Riley, who will retire on November 30, following a 39-year career with the WCIRB. Riley held a variety of leadership roles spanning …

POSTED NOVEMBER 10, 2025 4:19 PM
MIT Grad Brothers Fraud Jury Unable to Reach a Verdict
A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology, who were accused of stealing roughly $25 million in cryptocurrency from traders on the Ethereum blockchain. …

POSTED NOVEMBER 10, 2025 3:32 PM

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