Insurance Journal News Feed

Insurance Journal news feed

1. Northern California Braces for Power Shutoffs Amid Fire Risk

   Nearly a dozen counties in Northern California face an elevated risk of power shutoffs this weekend as extreme heat and high winds boost wildfire conditions across the region. PG&E Corp., which serves more than 5.5 million electric customers in northern …

2. Japan’s Digital Agency Hit by Unauthorized Access to Servers

   Japan’s Digital Agency said it suffered unauthorized access to its servers and personal data on about 246,000 people may have leaked. The agency detected access to a large volume of files on its Government Solution Service network using a maintenance …

3. Europe Struggles to Counter Russian Attacks Falling Short of War

   A day after Germany blamed Russia for a failed drone attack on cargo planes at its Leipzig-Halle airport, European Commission President Ursula von der Leyen made a tacit admission that the continent was not responding quickly enough to the threat. …

4. At First NYC Firehouse to Respond on 9/11, Sal Argano Is Last Still on Staff

   Sal Argano got lucky. When the World Trade Center was struck by hijacked jets on Sept. 11, 2001, the New York City firefighter was in Brooklyn, on loan to another station, rather than at his usual post at the small …

5. Allianz, Zurich Say They Have No ‘Material Exposure’ to Radiant

   Insurers Allianz SE and Zurich Insurance Group AG, who had both written policies covering transactions tied to Radiant World, said they have no material exposure to the iron ore trader. Zurich had insured Radiant World against non-payment from counterparties including …