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News Archives - Insurance Journal

Inside the Toxic Legacy of Georgia-Based Mulitbillion-Dollar Carpet Empire
Bob Shaw glared at the executives from the chemical giant 3M across the table from him. He held up a carpet sample and pointed at the logo for Scotchgard on the back. “That’s not a logo,” fumed Shaw, CEO of …

POSTED FEBRUARY 06, 2026 3:28 PM
Ken Griffin, Steve Ross Team Up to Lure More CEOs to Florida
Ken Griffin and Stephen Ross, who are among the highest-profile billionaires to move to South Florida during the pandemic, are bankrolling a new campaign to get others to follow in their footsteps. The pair is funding a $10 million drive …

POSTED FEBRUARY 06, 2026 2:59 PM
EPA Outlines Trump Plan to Speed up Rebuilding of Homes Destroyed in LA Wildfires
Trump administration officials traveled to Los Angeles this week to outline the president’s plan to override state and local rules and speed up the permitting process for reconstruction of tens of thousands of homes destroyed by last year’s wildfires. Last …

POSTED FEBRUARY 06, 2026 2:39 PM
Man Charged in Organized Cargo Theft of Snow Crab, Blueberries, Cologne
A New York man has been arrested and charged for allegedly conspiring to use hacked email accounts of legitimate truck-load carriers to book cargo with shippers and selling the items for illicit profit. Forbes was arrested on Feb. 5 in …

POSTED FEBRUARY 06, 2026 2:17 PM
Tainted Baby Milk Hits Billionaire Family’s Powerful Dairy Empire
For the secretive billionaire Besnier family, the recent recall of potentially dangerous infant formula made by its nearly century-old firm brings an uncomfortable feeling of deja vu. Just eight years ago, the French clan behind Groupe Lactalis, the world’s biggest …

POSTED FEBRUARY 06, 2026 12:57 PM
Danone Recalls More Infant Formula in Europe
Danone is withdrawing batches of infant formula in Austria, Germany and France, the company and an Austrian government food agency said, expanding an industry recall sparked by contamination with the toxin cereulide. Cereulide, which can cause nausea and vomiting, has …

POSTED FEBRUARY 06, 2026 10:52 AM
EU Needs Smart-Car Data Security Rules And Can Learn From China, Group Says
The European Union needs to implement comprehensive regulations to manage the growing security risks posed by intelligent vehicles, particularly Chinese cars that are increasingly popular with consumers, according to a think tank. Intelligent cars, typically electric or hybrid vehicles, allow …

POSTED FEBRUARY 06, 2026 9:59 AM
Tankers Speed Through Hormuz Chokepoint on US-Iran Tensions
Some supertanker operators, nervous about rising US-Iran tensions and potential risks to shipping in the Strait of Hormuz, are speeding their vessels through the chokepoint. Very Large Crude Carriers are traveling around the narrow, congested waterway — through which about …

POSTED FEBRUARY 06, 2026 9:43 AM
Leading South Korean Insurers Explore India Entry, Sources Say
South Korean firms Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co. are in exploratory talks about entering India’s $130 billion insurance market, three Indian sources said. The interest comes as India has …

POSTED FEBRUARY 06, 2026 9:08 AM
Study Ties Particle Pollution From Wildfire Smoke to 24,100 US Deaths Per Year
Chronic exposure to pollution from wildfires has been linked to tens of thousands of deaths annually in the United States, according to a new study. The paper, published Wednesday in the journal Science Advances, found that from 2006 to 2020, …

POSTED FEBRUARY 06, 2026 6:08 AM

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