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Today's Headlines

 
December 10, 2021
 
Today's Headline Sponsor: Berkshire Hathaway Specialty Insurance (BHSI)
 
Sponsored by: Berkshire Hathaway Specialty Insurance. Certainty. Click here for more information.
 
 

National

 

M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic

The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an...
 

Insuring Cannabis Summit: Broker Who Fought Cancer Sees Hope in Cannabis Business

This is part of a series of articles from Insurance Journal's annual Insuring Cannabis Summit on Oct. 14. You can find more articles from...
 

Rising Insurance Costs Add to Public Finance Sector's Cyber Pressures

The growing pace and sophistication of cyberattacks on U.S. public finance entities has led to rising costs and challenges in acquiring...
 

SEC Chairman Says Tougher Rules for SPACs Under Consideration

The U.S. Securities and Exchange Commission's chairman said on Thursday the regulator is considering toughening rules around how...
 

Toyota Offering Auto Insurance With Farmers' Toggle in 5 States With More to Come

Automaker Toyota's insurance arm has begun selling its first branded insurance coverage, Toyota Auto Insurance, in Arizona, Illinois,...
 

Other Services Beat P/C Insurers in Providing Digital Customer Experience: J.D. Power

The property/casualty insurance industry is falling behind financial services and utilities providers when it comes to the digital...
 

Rising Reinsurance Prices and Demand Help to Create Stable Sector Outlook: AM Best

AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive pricing...
 

Recoop Disaster Policy Vows Quick Cash to Homeowners, Renters

Homeowners in 37 states now have access to a parametric-like multi-peril disaster insurance product designed to deliver quick cash in the...
 

Multicover Is Coming, But Are North American Carriers Prepared to Deliver?

As we approach 2022, North American insurers face a daunting set of challenges. They're beset by well-backed, nimble...
 
More National News »
 
 
 
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Happy Holidays from IAA
 
Wishing you a Happy Holiday and a joyful New Year. Best Wishes from your friends at IAA.
 
See What's New
 
IAA, Inc.
 
 
 
 

East

 

Maryland Is Fifth U.S. State to Join the International Sustainable Insurance Forum

Consistent with Governor Larry Hogan's commitment to address and mitigate the effects of climate change, the state of Maryland has joined...
 

Virginia Environmental Groups Sue Over James River Pollution

Two conservation organizations have filed a federal lawsuit against Henrico County in Virginia, alleging the county allowed tens of...
 

Allergan Settles for $200M with New York Over Opioids

Pharmaceutical company Allergan Finance LLC will pay $200 million to New York state and two of its counties as part of an agreement that...
 
More East News »
 
 
 
adv
 
AmTrust 2021 Contractor Risk Report
 
The Amtrust 2021 Contractors Risk Report provides insights into the risks artisan contractors face, along with tips to protect clients.
 
Read Report
 
AmTrust Financial
 
 
 
 

Midwest

 

Volkswagen to Pay $3.5 Million to Settle Illinois Diesel Cheating Claim

Volkswagen AG's U.S. unit will pay $3.5 million to resolve a lawsuit by the state of Illinois against the German automaker for updates of...
 

Auto Insurance Virtual Town Halls Offered to Michigan Drivers

The Michigan Department of Insurance and Financial Services (DIFS) will offer free town hall events for consumers about auto insurance....
 

Stonetrust Workers' Compensation Expands to Kansas

Stonetrust Workers' Compensation is now writing workers' compensation coverage in Kansas effective January 1, 2022. Stonetrust is...
 
More Midwest News »
 
 

Insurance Jobs

 

Field Sales Territory Manager - Foremost Insurance - Foremost Insurance by Farmers Insurance - Seattle, Washington

 

Partnership Account Manager - Semsee - New York, NY

 

Commercial Lines CSR or Account Manager - Work At Home Vintage Experts - Remote

 

Faculty Position - Tenure Track/Pre-Tenure Track/Non-Tenure Track - Gallaudet University, School of Civic Leadership, Business & Social Change - Washington D.C.

 

Personal Lines CSR or Account Manager - Work At Home Vintage Experts - Remote

 
 
 

Southeast

 

No Appraisal on Hail Damage When Coverage is in Question, Appeals Court Says

A property insurer has, for now, dodged an $18 million bullet on hail damage coverage for a South Florida condominium complex, after a...
 

Carrabba's Must Pay $690,000 in Sexual Harassment Suit

Carrabba's Italian Grill, a nationwide chain, and a restaurant staffing firm must pay $690,000 to settle a sexual harassment lawsuit, the...
 

Stonetrust Workers' Comp Expands into Alabama

Stonetrust Workers' Compensation Insurance announced that it is expanding into the Alabama market, starting Jan. 1. Stonetrust is...
 

Florida Supreme Court Suspends Plaintiffs' Lawyer for Second Time

The Florida Supreme Court has suspended a Tampa plaintiffs' lawyer for the second time in three years after judges and the Florida Bar...
 
More Southeast News »
 
 

South Central

 

US Congressmen Propose Law Making Staged Collisions Federal Crime

U.S. Congressmen Garret Graves and Henry Cuellar have introduced a bill that would make it a federal crime to stage a vehicle collision...
 

AAA: Rear-End Collisions / Fender Benders Top Texas 2021 Auto Insurance Claims

An American Automobile Association report revealing the top auto insurance claims among Texas members in 2021 shows that rear-end...
 

Astroworld Lawsuits to be Handled by One Judge

The more than 300 lawsuits that have been filed so far in Houston following a massive crowd surge at the Astroworld festival that left 10...
 
More South Central News »
 
 

West

 

California Farm Labor Contractor Arraigned in Alleged $1.8M Workers' Comp Fraud Scheme

Alfredo Casas, 62, of Stockton, California, has been arraigned on 15 felony counts of insurance fraud, grand theft and tax evasion. Casas...
 

Safeguards for Leaking California Oil Pipe's Not Fully Working

The ruptured offshore pipeline that spilled tens of thousands of gallons of crude oil off the Southern California coast this fall did not...
 

Second California Jury Sides With Bayer in Roundup Cancer Case

A California jury found that Bayer's Roundup weedkiller was not the cause of a woman's non-Hodgkin's lymphoma, Bayer said on Thursday,...
 

Leavitt Group Acquires Whims Insurance in Washington

Leavitt Group acquired Whims Insurance & Financial Services in Monroe, Washington. The Whims Insurance staff of 11, all locations, and...
 
More West News »
 
 

International & Reinsurance

 

British Insurer LV= Rejects Bain Takeover Bid; Royal London Wants to Talk

British mutual life insurer LV= on Friday abandoned a proposed 530 million pound ($701 million) takeover by private equity giant Bain...
 

M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic

The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an...
 

Swiss Re to Sell elipsLife to Swiss Life, Enters Long-Term Reinsurance Partnership

Swiss Re announced it has agreed to sell its life insurance subsidiary Elips Life AG (elipsLife) to Swiss Life International and to enter...
 

Generali Joins Forces With Accenture and Vodafone to Provide Cyber Insurance Services

Generali has joined forces with Accenture and Vodafone Business to create a package of cyber insurance services for corporate and small...
 

People Moves: Markel's Hastings Named President of W. R. Berkley Syndicate Mgmt; Chaucer Promotes Sharp to Head of Political Violence & Crisis Mgmt

This edition of International People Moves covers appointments at W.R. Berkley and Chaucer. A summary of these new hires follows here....
 
More International & Reinsurance News »
 
 
 
 
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Insurance Journal Blogs and Columns

 

Is There a Limit to MGA Growth?

This post is part of a series sponsored by AgentSync. Here at AgentSync, we love talking about growth. Personal growth, professional...
 
More Blogs »
 
 

Research and Webinars

 
research

Real-time cyber quoting from anywhere.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
research

How to optimize your office spaces and reduce costs

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
research

6 Ways to Launch a Winning Digital Experience

Technology innovation has been shaping the way clients and staff expect businesses to behave for years, but it's important now...
 
research

Tapping Into the Growing Home Based Business Market

The world has changed. Work has changed. Growing numbers of people are stepping away from corporate America and setting up home...
 
research

Understanding the uninsured: Five opportunities for promising growth.

The protection gap is found anywhere your customer is exposed to a risk that they could insure against but do not. This is a...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 28: Looking in the Rearview Mirror: Cyber Lessons Learned from 2021

The year is coming to an end and cyber insurers as well as their clients may be reflecting on...
 
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People, Products, Relationships & More: Amwins' President James Drinkwater

People, products, relationships, and clients. Those are the areas that Amwins Group focuses on...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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