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Today's Headlines

 
July 22, 2022
 
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National

 

Allianz Notes Rising Business Interruption Costs in Global Claims Report

The number of contingent business-interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state's...
 

RLI Bullish on Southeast Property Insurance Market as Others Exit

RLI Corp. has been hiring teams of property insurance professionals as the specialty insurer embraces opportunity in the southeastern...
 

Older and Younger Executives Disagree About Remote Work Arrangements

Bosses and workers rarely agree on what matters when it comes to the future of work. But there's division even within the c-suite,...
 

Travelers' Income Drops, but Still Beats Profit Estimates on Record Premium Growth

Insurer Travelers Cos. Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a...
 

Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index

Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the workers'...
 

People Moves: WTW Bolsters Natural Resources Team With 5 Hires; Markel Promotes Pasik for Commercial Casualty

WTW Appoints 5 to North American Natural Resources Team Insurance broker WTW announced "a significant investment in its North American...
 

Creating Harmony: What Cyber, Insurance Pros Can Learn from Music

Music may not be the first thing that comes to mind when considering the cybersecurity and insurance industries, but these industries could...
 

Commercial Auto Recovery Uncertain Beyond 2022

Property/casualty insurers have proven resilient in the last two years amid the considerable challenges of the...
 
More National News »
 
 
 
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East

 

Judge Says Remington's Gun Injury Settlement for Child Lacks Sufficient Information

A federal judge in Pennsylvania has declined to approve a settlement between gunmaker Remington Arms and a parent of a child injured when...
 

Two 100+ Years Old New Hampshire Agencies Merge

Two long-time New Hampshire insurance agencies-- The Insurance Center based in Claremont and McCrillis & Eldredge in Newport-- announced...
 

Boston Police Unions Challenge Rules on Use of Force

Two police unions in Boston want to roll back limits on when they can use tear gas, pepper spray and other less-than-lethal crowd control...
 
More East News »
 
 
 
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Midwest

 

Wildfire Burning in Southwest South Dakota 40% Contained

A wildfire that started earlier this week west of Oglala, South Dakota has burned about 11 square miles and is 40% contained, according...
 

North Dakota to Analyze Blockchain Use on Assessing Uninsured Drivers

The North Dakota Insurance Department (NDID), in conjunction with the North Dakota Department of Transportation (NDDOT), announced it is...
 

Christensen Group Acquires Minnesota's Foster White

Foster White of Monticello and New Ulm, Minnesota has been acquired by Christensen Group Insurance (CG) based in Eden Prairie. Foster...
 
More Midwest News »
 
 

Insurance Jobs

 

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

 

Personal Lines New Business Processor: - Community Insurance CEnter - Oxford, Michigan

 

Agency Bookkeeper - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Commercial Wholesale Underwriter I - 100% Remote - Topa Insurance Company - Remote

 

Agency Controller - Quantum Assurance International - Remote

 
 
 

Southeast

 

Environmental Group Plans Suit Over Coal Ash in Alabama River Delta

An environmental group took the first step Wednesday toward filing suit over plans by Alabama Power Co. to leave millions of pounds of...
 

Florida Regulators, FAIA Slam Demotech for Reported Plans to Downgrade 17 Carriers

Florida's top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm...
 
More Southeast News »
 
 

South Central

 

Texas DWC Seeks Comments on Benefits Forms Changes

The Texas Department of Insurance, Division of Workers' Compensation (DWC) is accepting public comments on revisions to two forms: DWC...
 

$6.3 Million Settlement Reached over Arkansas Dump Site Fire

A $6.3 million settlement has been reached in a lawsuit that claimed smoke from an underground fire at a dumping site in northwest...
 
More South Central News »
 
 

West

 

Settlement in Excessive Force Suit Brought by Reporters in Oregon

The city of Portland has paid $55,000 to two independent journalists who alleged excessive force by Portland police during a 2020 Black...
 

Settlement in California Lawsuit by Man Strapped to Gurney During Arrest

The Los Angeles Police Department will pay $300,000 to settle a lawsuit by a legally blind man who said he was beaten, strapped to a...
 

Evacuation Order for Alaska Wildfire Lifted Near Anderson

An evacuation order for about 65 residents of a subdivision near the community of Anderson has been lifted, Denali Borough Mayor Clay...
 
More West News »
 
 

International & Reinsurance

 

Ukraine's Grain Challenge: Clearing Mines, Finding Ships and Insurance, Trusting Putin

Ukraine is about to finally secure a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia's...
 

Allianz Notes Rising Business Interruption Costs in Global Claims Report

The number of contingent business-interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state's...
 

Ukraine, Russia Sign Deal to Reopen Grain Export Ports While War Continues to Rage

Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an...
 

Luton Airport Runway Meltdown Shows That Airports Are Vulnerable to Climate Change

The temporary disruption at London's Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to lift is...
 

Beazley's H1 Profits Drop but Full-Year Outlook Rises on Cyber Premium Growth

Lloyd's of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility,...
 

Europe Wildfire Damage Jumps 75%; Models Need More Development: Chaucer

Damage from large wildfires in Europe has jumped dramatically, with a 75% increase in the amount of land burned in the latest year,...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

Medicarians 2022: The Future of Medicare Advantage and Supplement Insurance Producers

This post is part of a series sponsored by AgentSync. Medicare faces numerous challenges in the years to come, with regulatory trends,...
 
More Blogs »
 
 

Research and Webinars

 
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Biometric Authentication For Dummies

In a digital world, how can you be sure that someone is who they say they are? Or that they even exist at all? This book from...
 
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Online Face Verification in Insurance: 5 Ways To Enable Digital Transformation

How can insurance companies use online face verification as part of their digital transformation strategies? Download our report...
 
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Reducing Commercial Auto Risk Exposure for Incomplete Trucks via Accurate Data & Automation

It's likely that 65% of commercial trucks on your books are undervalued. Fortunately, insurtech can easily fix this by combining...
 
research

Future-Proof Best Practices for Workforce and Safety Training

When it comes to safety and compliance a comprehensive training program is a must. We have gathered data across industries to...
 
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The Power of a Network Partnership for Independent Agents

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 52: Cannabis Business Plaintiff's Attorney on Miscues That Should Get Insurers' Attention

Michael Sampson may not have a rabid fanbase among insurers and insurance attorneys, but he's...
 
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EP. 51: Insuring Cannabis Seeds Specialty Promises to Grow

The U.S. Drug Enforcement Administration declared in an April memo that cannabis seeds that...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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