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Today's Headlines

 
February 4, 2022
 
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National

 

Court Siding With Merck Over War Exclusion for Cyber Attack a Warning to Insurers

Last month the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4 billion in damages...
 

The Hartford Q4 Net Income Rises 36% on Commercial Lines Growth

Net income at the The Hartford for the fourth quarter 2021 ended at $729 million, a 36% increase from income of $537 million the same...
 

Nike Files Trademark Suit Against Online Retailer to Halt Sale of Sneaker NFTs

Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes,...
 

News Corp. Suspects China Behind Cyber Attack on Its Email System

Digital intruders broke into News Corp. email accounts and compromised the data of an unspecified number of journalists, the company...
 

As Road Fatalities Spike, States Get Funds for Safety Enforcement and Speed Cameras

Drivers, beware: Speed cameras could be on their way to a location near you thanks to President Joe Biden's infrastructure law. Under new...
 

Former Human Rights Campaign President Accuses Group of Racial Discrimination

The Black former president of the Human Rights Campaign is suing the organization he headed, accusing it of racial discrimination in its...
 

NASA: Earth's Temperature in 2021 Was 1.5 Degrees F Above Baseline

Earth's global average surface temperatures in 2021 were 1.5 degrees Fahrenheit (0.85 degrees Celsius) above the average for NASA's...
 

Despite Mitigation, Cyber Attacks, Rate Hikes to Continue in 2022

As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a...
 

Cyber Insurers Working to Keep Up With Criminals

It's no question the cyber crime landscape is constantly evolving, keeping large and small businesses on their toes. But...
 
More National News »
 
 
 
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East

 

Geico $4.5M Insurance Fraud Suit Seeks Documents From New York City Mayoral Aide

New York City Mayor Eric Adams's chief of staff, Frank Carone, was subpoenaed for documents in a $4.5 million federal civil racketeering...
 

Pennsylvania Township Reported to Settle Police Shooting Lawsuit for $950K

ALLENTOWN, Pa. --The family of a New Jersey man shot and killed by a police officer near an eastern Pennsylvania amusement park in 2018...
 

Investigators of Collapsed Pittsburgh Bridge to Review 5 Others With Similar Design

The Pennsylvania Department of Transportation has ordered structural reviews of five other bridges with similar construction to the...
 
More East News »
 
 

Insurance Jobs

 

Commercial Lines Carrier Underwriter - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Group Health - Disability Claims Examiner / Adjuster - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Director, Workers Compensation Operations - NC Rate Bureau - Raleigh, NC

 

Sales Representative/ Insurance Carrier - National General Insurance [An Allstate Company] - IA, KY, KS, MN & UT - Remote/Work from Home

 

Insurance Underwriter - New Energy Risk - San Francisco Bay Area

 
 
 

Midwest

 

Illinois Supreme Court: Privacy Claims Not Barred by Workers' Comp Act

The Illinois Workers' Compensation Act (IWCA) does not bar claims for statutory damages under the state's Biometric Information Privacy...
 

Family of Unresponsive University of Missouri Student Sues Fraternity Over Hazing

The parents of a Minnesota man allege in a lawsuit that he has been unresponsive and requires constant medical care since being forced to...
 

Chicago Blackhawks Owner Apologizes For Comments on Former Player Who Sued Team

Chicago Blackhawks owner Rocky Wirtz apologized Feb. 2 after he angrily rejected any conversation connected to the franchise's response...
 
More Midwest News »
 
 

Southeast

 

NBA Team Owner Buys National Security, Alabama-based Insurer

A holding company formed by the owner of the Sacramento Kings basketball team has agreed to purchase National Security Group Inc., an...
 

Florida Senate Pushing Ahead with No-Fault Auto Repeal, Despite Last Year's Veto

The Florida Senate is trying again to repeal the state's no-fault auto insurance requirement with a bill that major insurers oppose and...
 

Six Charged in North Carolina Package-Delivery Theft Ring

Six people have been arrested in North Carolina for their roles in a theft ring in which package delivery drivers traded packages for...
 

Georgia Lawmakers Moving to Extend 2nd-Injury Fund for Another 2 Years

Like their counterparts in several other states, Georgia lawmakers have been trying to wind down the state's second-injury fund, the...
 
More Southeast News »
 
 

South Central

 

Health Provider to Pay $75,000 Fine in Texas Religious Discrimination Case

Wellpath, LLC, a provider of health services in correctional facilities, will pay $75,000 and furnish significant equitable relief to...
 

Texas Lumber Company Faces $389K in Penalties After Worker's Fatal Fall

An investigation by the U.S. Department of Labor's Occupational Safety and Health Administration into fatal injuries suffered by an...
 

Louisiana Dept. of Insurance to Streamline Form-Filing Process for Five New Commercial Lines

The Louisiana Department of Insurance announced Feb. 3 that it is streamlining the form-filing process for five additional lines of...
 
More South Central News »
 
 

West

 

Judge Sides with Hawaiian Airlines on Vaccine Policy

A U.S. judge denied an attempt by seven employees to block Hawaiian Airlines' policy requiring workers to get vaccinated against COVID-19...
 

Psychiatrists in Alaska Settle Case Over Firings

A settlement has been reached with two psychiatrists who said they were wrongfully fired when Alaska Gov. Mike Dunleavy took office....
 

California Considers Giving 500K Fast Food Workers More Power

California's more than half-million fast food workers would get increased power and protections under a first-in-the-nation measure...
 

Insurer Groups Sue to Stop Washington Credit Scoring Regulations

The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance...
 

Bill Introduced to Offer All Californians Homeowners Insurance, Fund Home Hardening

Assemblyman Marc Levine, D-Marin County, on Thursday introduced legislation designed to require mandatory issuance of homeowners'...
 
More West News »
 
 

International & Reinsurance

 

Threat of War in Ukraine Biggest Risk for Insurers of Beijing Winter Olympics

The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an...
 

Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re

Insured losses from major natural catastrophes in 2021 - excluding COVID-related losses - have so far reached an estimated US$116...
 

KPMG Sued for £1.3B in UK Over Allegations Carillion Audits Were Negligent

KPMG LLP was sued for 1.3 billion pounds ($1.8 billion) by the administrators of defunct UK contractor Carillion Plc. over allegations...
 

Cybercrime Gang Tied to Ransomware Attacks in Germany, Colonial Pipeline Hackers

A Russia-linked cybercrime gang was allegedly responsible for ransomware attacks that took down a swath of Germany's fuel-distribution...
 

Giant Maersk Container Ship Towed Free After Running Aground in North Sea

Tug boats have towed free one of the world's biggest container ships, the Mumbai Maersk, which had run aground off the German island of...
 

Beazley's Digital Division Launches, Aiming to Transform Brokers' Access

Beazley announced that its global digital trading division, Beazley Digital, is up and running. The new hub brings together underwriting,...
 

LMA Announces 'At-the-Box' or 'In-the-Office' Availability for Lloyd's Underwriters

The board of the Lloyd's Market Association (LMA) has announced cross-market consensus on underwriters' in-person availability - either...
 

People Moves: Liberty Specialty Promotes 2, Hires Political Risk U/W; HDI Global Names Röllecke Head of Cyber/Financial; Ex-Lloyd's CEO Ward Becomes CFC's Non-Exec. Chair

This edition of International People Moves details appointments at Liberty Specialty Markets, HDI Global and CFC Underwriting. A summary...
 
More International & Reinsurance News »
 
 

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...
 
research

2021 Warranty Survey Report

The Warranty Survey report takes a deeper dive into data, such as: Who is most likely to have purchased an extended warranty in...
 
research

Small Business Safety and Health Handbook

Small business owners want to ensure their workers go home safe and healthy at the end of the day. However, small businesses...
 
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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

4 Agents Share Success Moving Out of Their Comfort Zones

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
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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