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Today's Headlines

 
August 26, 2022
 
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National

 

U.S.-Listed Companies Will Have to Disclose How CEO Pay Stacks Against Firm Performance

Wall Street's main regulator on Thursday voted to adopt a measure requiring that U.S.-listed companies disclose how the pay of their top...
 

Moderna Sues Pfizer/BioNTech for Patent Infringement Over COVID Vaccine

Moderna is suing Pfizer and its German partner BioNTech for patent infringement in the development of the first COVID-19 vaccine approved...
 

United Educators' President and CEO Abraham to Retire Next Year

United Educators Insurance (UE), a reciprocal risk retention group serving K-12 schools, colleges, and universities, announced that UE's...
 

World's Most Popular Password Manager Says It Was Hacked

LastPass, a password manager used by more than 33 million people around the world, said a hacker recently stole source code and...
 

Harvey Weinstein Is Granted Appeal of Rape, Sex-Assault Conviction

Harvey Weinstein has been granted a request to appeal his rape and sexual assault conviction to New York's highest court. Chief Judge...
 

Report: Atmospheric Storms Could Result in $3.2B in Flood Damage by Century's End

Atmospheric rivers that bombard the Western U.S. from time to time could result in as much as $3.2 billion in flood damage by century's...
 

How the Supply Chain Crisis Is Heightening Risk Exposures in Commercial Lines

The supply chain crisis has seared itself into popular imagination through empty shelves where toilet paper once stood and a desperate...
 

Green Building Investments Reach New Heights But Can Carrier Capacity Keep Up?

Increased interest in creating more energy efficient, resilient buildings is expected to fuel growth in the green construction industry,...
 

Amazon and Netflix: Role Models for Insurers? Really?

Technology is a useful servant but a dangerous master. --Christian Lous Lange It is far too easy for people, including...
 
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East

 

Paul Newman's Daughters Sue Late Actor's Charity Foundation

A new lawsuit has exposed a deep rift between two of Paul Newman's daughters and the late actor's charitable foundation funded by profits...
 

World Insurance Acquires 2 Massachusetts Agencies: Tarpey and Rush-Kent

Insurance broker World Insurance Associates acquired two Massachusetts agencies: Tarpey Insurance Group of Wakefield, and Rush-Kent...
 

Celebrity Chef Mario Batali Settles 2 Lawsuits Alleging Sexual Assault

Mario Batali has agreed to settle two Massachusetts lawsuits that accused the celebrity chef of sexual assault, attorneys for the women...
 

Judge Cuts $500K Punitive Award Against Prison Guard to $5,000

A federal judge has overturned a jury's decision imposing $500,000 in punitive damages against a former Delaware prison guard accused of...
 
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Midwest

 

North Dakota Recreational Marijuana Supporters Backed by Greater Resources

The main group working to legalize recreational marijuana in North Dakota has more than a half-million dollars to press its case, far...
 

Michigan-Based Salvation Army Store Sued for Violating ADA

Global charitable organization The Salvation Army violated federal law at its Ann Arbor, Michigan thrift store when it fired a cashier...
 

Michigan Court: Changes to Auto Insurance Law Don't Apply to Long-Term Victims

Major changes in Michigan car insurance law do not apply to people who were severely injured before summer 2019, the state appeals court...
 
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Southeast

 

Two Law Officers Killed in Helicopter Crash in Tennessee

Federal and state officials are investigating after two Tennessee law enforcement officers died when their helicopter hit power lines and...
 

DCA Can't Prohibit Lower Court Ruling, Florida Justices Decide in Insurance Case

Claim Was Settled, But Insurer Attorneys Revealed Mediation Info, Claimants' Lawyer Says An appeals court cannot be used to prohibit a...
 

Mississippi Cleaning Up After Heavy Rains, Flash Flooding

Heavy rain and flash flooding have prompted evacuations, rescue operations and closures across Mississippi. Rain has pummeled the central...
 
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Insurance Jobs

 

Property Subrogation Specialist - Latitude Subrogation Services - Remote

 

P & C Insurance Service Representative - South Shore Insurance - 760 S Calumet Rd Chesterton, In

 

Cost Containment Specialist - The Benefit Group - (Onsite)Omaha, NE

 

Bowling Center Insurance Sales Agent (no joke!) Illinois/Wisconsin - Western Bowling Proprietors Insurance - Illinois or Wisconsin

 

Insurance Sales Representatives - Lakeview Household Insurance Solutions - Remote

 
 
 

South Central

 

TDI Orders Emergency Rule Protecting Weston Policyholders During Hurricane Season

The Texas Department of Insurance (TDI) announced an emergency rule this week removing barriers for Weston Property & Casualty Insurance...
 

Texas Barbecue Owner, Manager Indicted in $350,000 Workers' Fraud Scheme

The owner of an East Austin, Texas restaurant and her manager have been indicted and summoned to appear in Travis County District Court...
 
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West

 

Cosmetics Maker Sephora Settles Customer Data Privacy Suit in California

Sephora Inc., one of the world's largest cosmetics retailers, has settled a lawsuit claiming that the company sold customer information...
 

California to Phase out Gas Vehicles to Fight Climate Change

California set itself on a path Thursday to end the era of gas-powered cars, with air regulators adopting the world's most stringent...
 

Hawaii Food Distributor Settling Racism Lawsuit

A Hawaii food distribution company has agreed to pay $90,000 to settle a lawsuit alleging a Black employee was subjected to racial slurs...
 

Girl Awarded $26M over California School Sex Assault

A jury awarded $26 million to a Pasadena special-needs student who was sexually assaulted by three classmates, her lawyers said...
 
More West News »
 
 

International & Reinsurance

 

Swiss Re Underwriter Wins Sex Discrimination Suit After Boss Joked About Her Breasts

A former Swiss Re AG underwriter won her sex discrimination suit after she was left humiliated by a senior manager who told her "If I had...
 

Forget Showering, It's Eat or Heat for Shocked Europeans Hit By Energy Crisis

No more ironing, limited oven use and showering at work - Europeans are trying to keep their energy use down but the bills keep...
 

Why Are the World's Rivers, Canals and Reservoirs Turning to Dust?

Rivers across the globe are disappearing. From the U.S. to Italy to China, waters have receded, leaving nothing but barren banks of silt...
 

Swiss Health Insurer Under Fire for Offering Discount to Members of Pro-Life Group

Swiss-based health insurance company Helsana AG came under fire this week for offering a 10% discount to members of the Pro Life...
 

People Moves: Liberty Specialty Taps Zurich's Dutta for Financial Risks; Canopius Hires WTW's Saville for Cat Research; HDI UK & Ireland Promotes Lavey in Liability Team

This edition of International People Moves details appointments at Liberty Specialty Markets, Canopius Group, and HDI Global SE - UK &...
 
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Insurance Journal Blogs and Columns

 

I'm Over Seeking Work/Life Balance

I'm over seeking work/life balance. Is that ok to tell you? Too late, I guess. Here's the deal. When I was in college (in my late 20s), I...
 
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Research and Webinars

 
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The State of the Small Commercial Insurance Market

The State of the Market, Innovation and Where Everyone's Headed Next The small commercial insurance market went through a...
 
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Online Review Best Practices for Agents

In today's insurance landscape, your online reputation is critical. This guide has everything you need to grow your online...
 
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This Resource Can Help You Find Carriers and Coverage When Your Standard Carriers Say NO

Are you an independent agent or a dedicated agent who is struggling to find carriers and coverage for your clients? This webinar...
 
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The High Price of "Business As Usual" in the Insurance Industry

AgentSync's Guide to the Price of "Business as Usual" in the Insurance Industry When an insurance organization considers adding...
 
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A Data-Driven Guide to Improving Workplace Safety

Data and analytics not only help develop preventative safety measures, but predictive safety measures as well. See how leading...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 55: Cannabis Investing Pro Explains Confusing Market, Offers Tips

Many of our listeners may be insurance brokers, carrier executives, claims managers, lawyers,...
 
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EP. 54: Economic Headwinds, Glut May Not Spare Booming Cannabis Insurance Business

Inflation and a superheated job market may be the nation's prevailing economic concerns, but a...
 
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