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Today's Headlines

 
February 25, 2022
 
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National

 

Hacking Risk Shadows U.S. Business as Russia Threatens Critics

A swath of major American businesses -- from major banks to utility companies -- is preparing for possible cyberattacks against their...
 

Lemonade Execs Expect 'Peak Losses' in 2022

With unfavorable development and product mix changes propelling fourth-quarter and full-year loss 2021 ratios into the 90s--up 20 points...
 

Drug Distributors, J&J Agree to Finalize $26 Billion Opioid Settlement

The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement...
 

Palin Wants New Trial With Different Judge in New York Times Defamation Lawsuit

A Manhattan judge said Wednesday that lawyers for Former Alaska Gov. Sarah Palin are seeking a new trial on her defamation claims against...
 

Pandemic, Other Risks Weigh on Minds of Middle-Market Execs

Most middle-market firms experienced a recovery following the height of disruptions caused by COVID-19 and remain mostly optimistic about...
 

Insurance Technology: Nationwide Sponsors Homecare Robots; Trucker Platform Nirvana Raised $25M; DealerPolicy Rebrands as Polly; Dent.co Aids Auto Repairs

Nationwide Sponsors Labrador Retriever Robot Giant insurer Nationwide is partnering with an early-stage robotics company, Southern...
 
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A Podcast for Independent Agents
 
Ep 4: How Independent Agents can be More Successful Working with Top-Tier Carriers — with Rodney Ledford, VP of National Partners at Chubb Small Business
 
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East

 

New York Governor Plans Center to Coordinate Public, Private Cybersecurity

New York wants to improve its cybersecurity defenses and will open a joint operations center in the coming months to coordinate between...
 

Phishing Scam Costs Massachusetts Town $102K

The Massachusetts tow nof Tewksbury has been cheated out of more than $100,000 in a phishing scam, but hopes to recover most of the money...
 

Maine Senate Advances Equal Rights Amendment

Maine's Senate voted Wednesday to advance a proposed amendment to the state Constitution that would prohibit discrimination based on...
 
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Midwest

 

Crews Continue Cleanup of Diesel Spill in Southern Indiana

Cleanup work is continuing along a southern Indiana stream, nearly two weeks after a diesel spill that originated at a gas station left...
 

Man Accidentally Sets Self, Bus on Fire, Causing $1,500 in Damage

Authorities in southeastern Nebraska say a man trying to smoke drugs in a bus bathroom accidentally set himself and the bus on fire. The...
 

People Moves: Ramlo to Retire as CEO of United Fire Group in Oct. 2022; J.M. Wilson Adds Heilman

Randy Ramlo to Retire as CEO of United Fire Group in October 2022 United Fire Group, Inc. president and chief executive officer Randy...
 
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Insurance Rocks!
 
Thank you to all the insurance champions who shared experience and advise to those considering a career in the field.
 
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Southeast

 

Rail Inspectors To Examine Florida Crossings After Spike in Brightline Fatalities

After nine fatal collisions since early November, the Federal Railroad Administration plans to investigate the Brightline passenger train...
 

People: Boler Joins Villages Insurance

The Villages Insurance Partners in Florida has named Nathan Boler a personal lines risk consultant. Boler, who began with an Allstate...
 

Alabama House Approves Anti-Riot Bill Criticized by Blacks

The Alabama House of Representatives approved legislation Tuesday that would create a new definition of a riot and provide tougher...
 

Wrongful Death Lawsuit Filed in Kentucky Fatal Police Shooting

A wrongful death lawsuit has been filed against a northern Kentucky police department after two officers fatally shot an armed man during...
 
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Insurance Jobs

 

Horace Mann Exclusive Agent - Horace Mann Educators Corporation - MIddletown, DE

 

Loss Control Consultant - MountainCreek Solutions - Central and Eastern, US

 

Insurance Specialist - Utopia Management & Insurance Services, Inc. - San Diego CA

 

Senior Program Underwriter - VGM Group, Inc. - Waterloo, Iowa

 

Underwriter - VGM Group, Inc. - Waterloo, Iowa

 
 
 

South Central

 

Judge: Dispositions Can Begin Against Houston Texans Quarterback Facing Assault Suits

A judge has declined efforts by attorneys for Houston Texans quarterback Deshaun Watson to delay all his depositions in connection with...
 

Texas Supreme Court Affirms Governmental Immunity in Pair of Decisions

The Texas Supreme Court recently delivered rulings on a pair of cases challenging the City of San Antonio's governmental immunity, and in...
 

February 25 Is Deadline For Louisiana Policyholders to File Ida Proof of Loss

February 25, 2022 is the deadline for most Louisiana policyholders to file proof of loss for Hurricane Ida damage. Friday marks the 180th...
 

Ice Likely in Southern Plains as Flight Cancelations Number in Thousands

Hundreds of flights were canceled Wednesday at Dallas-Fort Worth International Airport as parts of Oklahoma, Missouri and Arkansas braced...
 
More South Central News »
 
 
 
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West

 

Montana Jury Awards $36.5M to Former Libby Miner With Lung Disease

A Montana jury has awarded $36.5 million in damages to an Oregon man who suffers from lung disease because of exposure to asbestos while...
 

U.S. Won't Give Water to California Farmers Because of Drougth

With California entering the third year of severe drought, federal officials said Wednesday they won't deliver any water to farmers in...
 

Fire Destroys Historic Los Angeles Poor Farm Buildings

Several abandoned buildings at the historic Los Angeles County Poor Farm were destroyed by fire, fire departments said. At least five...
 

Washington Inmate's Family to Get $3.75M in Cancer Death

Washington state will pay $3.75 million to settle a wrongful-death lawsuit brought by the family of a man who died at Monroe Correctional...
 
More West News »
 
 

International & Reinsurance

 

Insurers Raise Costs of Shipping Through Black Sea for Vessels Still Willing to Sail

Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods...
 

Global Firms Shut Ukraine Operations, as They Weigh Impact of Sanctions on Russia

Brewer Carlsberg, Japan Tobacco and a Coca-Cola bottler were among firms shutting factories in Ukraine on Thursday following Russia's...
 

Global Aviation Industry Assesses Growing Risks of Doing Business With Russia

The fallout to the global aviation industry from Russia's invasion of Ukraine is spreading beyond the airspace closings over the conflict...
 

Flash Floods Threaten 126,000 Commercial Buildings in London, and Risk Will Worsen

More than 126,000 commercial buildings in London are at risk from flash flooding. Climate change will heighten that threat. Those are the...
 

Fire on Massive Car Transport Ship, Felicity Ace, Is Likely Extinguished

The fire on the cargo ship Felicity Ace, which had burned for more than a week, is likely extinguished and the vessel is now being towed,...
 

Canada's Trucker Protests Cost Businesses Tens of Millions in Lost Sales

A three-week long protest in Canada against pandemic measures that snarled trade and shuttered Ottawa's core likely cost billions in...
 

Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk

Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2...
 

W. R. Berkley Corp. Agrees to Sell London Building Known as 'The Scalpel' for £718M

W. R. Berkley Corp. announced it has agreed to sell a London real estate investment consisting of an office building at 52 Lime Street...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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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...
 
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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...
 
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The 5 Critical Things You Need to Know about Growing Your Agency

Join Us on Wed. March 30th at 10 am PST, 1pm EST Want to experience real growth at your agency? You might need to reconsider...
 
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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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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...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 42: Cannabis Supply Chain Risks Worth Tripping Over

Everyone knows about supply chain management nowadays thanks to the pandemic, with shelves...
 
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EP. 31: More Than a Conversation: Cyber, Insurance Pros Say Building Diversity Means Taking Action

The cybersecurity and insurance industries have been talking about prioritizing diversity,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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