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February 11, 2022
 
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National

 

Senate Joins House in Passing Ban on Forced Arbitration of Worker Sexual Abuse Claims

The U.S. Senate on Thursday approved a bill that would ban companies from forcing employees who allege sexual assault or harassment to...
 

Inspector General Says Counterfeit Parts in Nuclear Plants Raise Safety Concerns

Many counterfeit parts have been discovered in U.S. nuclear plants, potentially increasing the risk of a safety failure, the inspector...
 

SpaceX Satellites Falling Out of Orbit After Being Hit by Solar Storm

SpaceX's newest fleet of satellites is tumbling out of orbit after being struck by a solar storm. Up to 40 of the 49 small satellites...
 

Purdue's Sacklers Consider Adding $1 Billion More to Opioid Settlement

Members of the billionaire Sackler family that own Purdue Pharma LP are weighing whether to add $1 billion to the OxyContin-maker's...
 

Hamilton Launches U.S. E&S Insurer, Names Rhoades CEO

Bermuda-based specialty insurer Hamilton Insurance Group, Ltd. reports it has formed Hamilton Select Insurance Inc., a U.S. excess and...
 

People Moves: Great American P&C Promotes Cohen, Kadnar; Markel Adds Hiscox's Wakeham as U.S. Terrorism Underwriter

Great American Insurance Group has promoted Jason M. Cohen to senior vice president and Julie F. Kadnar to divisional group president...
 

10 Cyber Attacks in 2021 Cost $600M With 40,000 Businesses Put at Risk

In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of millions of citizen records...
 

Cincinnati or Los Angeles? P/C Professionals Predict the 2022 Super Bowl Winner Now

It's that time of year again. Time for a little fun. The insurance industry tries to predict losses. Can the industry predict winners?...
 

U.S. Surplus Lines Premium Up 22% in 2021

Surplus lines premium increased 22% and transactions rebounded almost 6.6% over their 2020 totals in the 15 states with designated surplus...
 

Hunter Retires as CFA Director of Insurance

The man who served as the conscience of the property/casualty insurance industry for nearly three decades is retiring...
 
More National News »
 
 
 
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Featured Events

 
Insurance AI & Innovative Tech USA 2022

Insurance AI & Innovative Tech USA 2022

April 26 / Chicago, IL
 
 
 

East

 

Maine Hospital Violated Maine's Equal Pay Law, Judge Rules

A federal judge has ruled that a Maine hospital violated the state's equal pay law by paying a female psychologist barely half the wage...
 

Man Found With Severed Arm Injured Himself, Maine Police Conclude

A man discovered stumbling downtown in Lewiston with a severed arm is believed to have inflicted the injury himself, police said. The...
 

Suit by 3 Students Alleges Harvard University Ignored Sexual Harassment

Three Harvard University graduate students said in a federal lawsuit filed Tuesday that the Ivy League school for years ignored...
 

World Insurance Acquires Allied Partners in Maryland-District of Columbia Area

World Insurance Associates said it acquired Allied Partners Insurance Inc. of Gaithersburg, Maryland on February 1, 2022. Terms of the...
 
More East News »
 
 
 
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Midwest

 

Strain of Avian Flu Found in Birds at Indiana Turkey Farm

A strain of avian flu that can cause high mortality rates among birds has been confirmed at a commercial turkey farm in southern Indiana,...
 

SEC Fines Iowa Insurance Agent $112,000 For Oil, Gas Investments

The U.S. Securities and Exchange Commission has fined a Bettendorf, Iowa insurance agent nearly $112,000 for selling unregistered...
 

Explosion, Fire at Yankton, South Dakota Propane Business Injures 1

An explosion and fire at a Yankton propane company has injured one person and left the business in ruins. Strong winds fueled the fire at...
 
More Midwest News »
 
 

Insurance Jobs

 

Senior Commercial Claims Adjuster - Rockingham Insurance Company - Remote

 

Insurance Agency Development Field Specialist - KS/MO - Midwest Insurance Agency Alliance - home based - KS & MO

 

Underwriting Specialist - Technology MidWest - Intact Insurance Specialty Solutions - Chicago, IL / Remote

 

Insurance Licensed CSR - TWFG Rick Rogers Agency - Metairie, LA

 

Senior Accountant - String and Key - Remote (U.S) OR Brooklyn, NY (Hybrid)

 
 
 

Southeast

 

S&P Report Sheds Light on Florida Farm Bureau's Losses

Recently posted data provides new insight on the dire financial situation for Florida Farm Bureau, one of four carriers that announced it...
 

Higher Fees Don't Disqualify a Comp Treating Physician, Florida Appeals Court Finds

A workers' compensation judge may not disqualify a treating physician simply because the doctor's prices exceed the Florida workers' comp...
 

North Carolina OSHA Starts Probe into Fertilizer Plant Fire

The North Carolina Department of Labor has opened an investigation into the safety conditions and fire at a fertilizer plant that erupted...
 

People Moves: Trustmark Elevates King to General Counsel

Trustmark Corp., a publicly traded banking and insurance company based in Mississippi, has named Michael King general counsel. King most...
 
More Southeast News »
 
 

South Central

 

People Moves: McGriff Adds Feighl as Commercial Marketing Account Exec; Harris Joins Alliant in Texas

McGriff Adds Mike Feighl as Commercial Marketing Account Executive McGriff has hired Mike Feighl as a senior vice president and marketing...
 

New Task Force to Review Event Safety in Wake of Astroworld Festival

A new task force will look into how to improve the safety at large Houston-area events in the hopes of avoiding another tragedy like last...
 
More South Central News »
 
 

West

 

3 Million Plaintiffs Seeking $1.2B from California Health Firm

A lawsuit over high health care bills filed on behalf of more than 3 million employers and people seeks as much as $1.2 billion from a...
 

Unlicensed California Agent Sentenced for $1.4M Insurance Fraud

Unlicensed insurance agent Karyl Lynn Reed, 58, formerly of Cosa Mesa, California, was convicted last week on multiple felony counts of...
 

Owner of Cosmetic Clinics in California Admits $20M Insurance Fraud

The former owner of a group of health spas and clinics in Los Angeles has admitted to participating in a $20 million insurance fraud...
 

Washington Businesses Fined After 250 Workers Contract Virus in Same Warehouse

Three Washington businesses were fined after workers housed in Thurston County hotels and employed at a Lewis County distribution center...
 

Suit Alleges Racial Discrimination, Harassment at One of Tesla's California Factories

The California Department of Fair Employment and Housing has filed a lawsuit against Tesla Inc. alleging systematic racial discrimination...
 
More West News »
 
 

International & Reinsurance

 

Cyber Criminals Nabbed $1.3B in Ransom Payments Over 2 Years: Report

Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in cyber-crime...
 

Catholic Church Sex Abuse Panel in Portugal Receives 200 Allegations in First Month

A lay committee looking into historic child sex abuse in the Portuguese Catholic Church said Thursday that during its first month of work...
 

Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion

FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A...
 

Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik

Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a...
 

AXA Completes Sale of Singapore Business to HSBC

AXA announced it has completed the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific) Holdings...
 

Google's Online Ad Business Targeted in European Publishers' Antitrust Complaint

BRUSSELS - Alphabet unit Google on Friday became the target of an antitrust complaint by the European Publishers Council over its digital...
 
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Insurance Journal Blogs and Columns

 

3 Keys to Avoiding Employment Practices Issues Related to COVID

Last week, the Academy of Insurance hosted a class on the EPLI (Employment Practices Liability Insurance) implications of employers'...
 

Yes and no

Yes and no. I've been saying yes to some new things lately. That means that I had to say no to some other things, which is ok. Every yes...
 

What Kind of Work are We Doing?

A job is the work we do when we need to have work. Maybe there's nothing else available. Maybe there's nothing else that we're qualified...
 
More Blogs »
 
 

Research and Webinars

 
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The Ultimate Tax Savings Guide For Insurance Agents

Tax season is here, and as an insurance agent, there are many unique tax strategies available that will help you maximize your...
 
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Travelers Ins. Adopts Personalization Strategy to Support the Agent-Policyholder Relationship

Discover how agents can use modern communication tools to personalize their experience at scale. As the face of insurance...
 
research

Risk Management Checklist: Are you helping your clients navigate their critical areas of risk?

Use this tool to keep track of all the areas of risk your clients might be exposed to and ensure you're helping cover them all....
 
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3 Success Stories of Agency Growth - Implement these Strategies in 2022

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
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Three Keys to Differentiating Your Brokerage

In an increasingly crowded and commoditized market, brokers are faced with minimal customer loyalty and look to differentiate...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 41: More M&As, Cannabis 'Frappucinos' on Tap for 2022

New Frontier Data, a producer of cannabis research and intelligence, released its "22 for 22...
 
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EP. 30: Insurers Grapple With Uncertainty Around Catastrophic Cyber Risk

Much uncertainty exists around catastrophic cyber threats, and for an industry so focused on...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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