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Today's Headlines

 
March 25, 2022
 
Today's Headline Sponsor: Amwins Program Underwriters
 
 
 
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National

 

Rate Hikes, Telematics, Data Science Leading Allstate Back to Profit

For the second time this month, a personal auto insurance giant devoted an investor conference to the topic of rate hikes, with Allstate...
 

Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery

U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical...
 

J&J's Victory Over Cancer Victims Clears Path for 3M, Others

A court ruling allowing Johnson & Johnson to use a controversial bankruptcy strategy to force cancer victims into potential settlement...
 

U.S. Regulators Slow Consideration of Climate Impact of New Gas Projects

U.S. regulators on Thursday delayed requirements to consider greenhouse gas emissions before approvals of gas projects, after lawmakers...
 

Russian Invasion of Ukraine, Cyberattacks, and War Exclusions in P/C Policies

The Russian invasion of Ukraine may result in cyberattacks causing widespread and severe losses, in those nations and beyond. Even before...
 

Omicron Sidelined 7% of Restaurant Chain's Workers in January

One of the largest restaurant chains in the U.S. said that more than 13,000 employees missed work in January, due to the omicron variant...
 

How Car, Home Inflation Is Driving Up Loss Costs for Insurers

The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5%...
 

Former Google Engineer Works On AI for Claims Adjusters

Tom Vykruta, chief executive officer and co-founder at InsurTech EvolutionIQ, is no stranger to solving hard problems....
 
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East

 

In 7-Eleven Case, Massachusetts High Court Rules Franchisees Can Be Employees

Franchisees in Massachusetts can be considered employees rather than independent contractors and thus be entitled to the state's minimum...
 

Alex Jones Fails to Show Up for Sandy Hook Families' Lawsuit Deposition

Infowars host Alex Jones failed to show up and testify under oath at a deposition Wednesday in a lawsuit filed by relatives of victims of...
 

Pepperidge Farm Resumes Baking After Fire at Connecticut Facility

Pepperidge Farm said it has resumed baking at a facility in Bloomfield, Connecticut after a fire there Wednesday that consumed several...
 
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Midwest

 

Ohio Reaches $80 Million Settlement With Monsanto Over PCB Hazards

Ohio Attorney General Dave Yost on March 25 announced an $80 million settlement with the Monsanto Co. that forces the company to pay for...
 

U. of Michigan to Settle Students' Sex-Abuse Lawsuit

The University of Michigan has reached an agreement to settle a lawsuit brought by students who sought to force changes in how the school...
 

Indiana Man Who Lost Eye During 2020 Protests Reaches Settlement

An Indiana man who says he lost an eye after being struck by a tear gas canister police fired during 2020 protests over the killing of...
 
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Southeast

 

Kentucky Lawmakers Approve Bill to Give Insurers Lower Rates From Home Loan Bank

Kentucky's General Assembly has become the only legislature so far this year to adopt a bill that could give insurers lower rates on...
 

Hearing on Florida Citizens' Near-Max Rate Increases Set for March 31

The Florida Office of Insurance Regulation will hold a hearing on Thursday, March 31, to examine a request by Citizens Property Insurance...
 

Florida Man Mauled by Tiger at Airboat Attraction

A tiger mauled a worker Tuesday afternoon at a Florida airboat attraction, officials said. The attack occurred at Wooten's Everglades...
 

Water Drain: Florida Court Rulings Show Importance of Exclusion Wording

Editor's note: Insurers report that an increasing share of claims and claims litigation is the result of non-weather water damage....
 
More Southeast News »
 
 

Insurance Jobs

 

Loss Control Specialist - Nationwide Insurance - New England States

 

Agency Marketing Services Specialist - Breckenridge Insurance - Remote

 

Insurance Sales Agent - Liberty Mutual Insurance - New York

 

Business Development Manager - Liberty Mutual Insurance - New York

 

Insurance Journal Reporter/Editor - Insurance Journal - Remote

 
 
 

South Central

 

Texas Department of Insurance Reports Data Breach

The Texas Department of Insurance (TDI) became aware of a security issue on January 4, 2022 with a TDI web application that manages...
 

Assurex Global Adds Texas-Based Watkins Insurance Group As Partner

Assurex Global announced that Austin, Texas-based Watkins Insurance Group has joined the firm. Assurex Global now consists of 97...
 

Case of Louisiana Black Motorist's Deadly Arrest Turns Cop Vs. Cop

Louisiana State Police investigators who pressed within days to charge troopers in the deadly 2019 arrest of Ronald Greene told lawmakers...
 

Louisiana Recovering After Tornadoes Plow Through Homes

Louisiana National Guardsmen and other responders went door-to-door in areas around New Orleans on March 23 as the region dug out from...
 
More South Central News »
 
 

West

 

Sick Montana Workers Allege Insurer Delaying Medical Payments

Attorneys for Montana mine workers sickened and killed by toxic asbestos exposure filed a lawsuit against Zurich American Insurance this...
 

Businesses Challenging Oregon's New Climate Program

A coalition of businesses wants a court to block Oregon's plan to significantly reduce greenhouse gas emissions. Oregon Public...
 

EPA Moves to End Asbestos Cleanup Along Montana Railroad

Environmental regulators are moving to end a years-long cleanup along dozens of miles of railroad in two northwestern Montana communities...
 

People Moves: Cragin & Pike in Nevada Makes Rongavilla Partner; Kerestesi to CEO, Morse to COO

Cragin & Pike in Nevada announced numerous C-level promotions, including the agency's first woman/first Hispanic shareholder partner,...
 
More West News »
 
 

International & Reinsurance

 

London Insurance Brokers Probed for Bribery and Corruption by UK Serious Fraud Office

A handful of London insurance firms are being investigated for bribery and corruption by the UK's Serious Fraud Office, according to...
 

Update: Challengers to Generali's Management Target Higher Growth, Bigger M&A

The rebel challengers to Generali's current management pledged to grow earnings by double figures through cost cuts and free up more cash...
 

UK's Asset Freeze of Russian Shipping Firm Sovcomflot Causes Problems for Re/Insurers

Russia's top shipping company Sovcomflot (SCF), already struggling to find berths to discharge cargoes, is facing fresh pressure after...
 

Generali Investor Wants Insurer to Be Multinational 'With Italian Sovereignty': Report

Francesco Gaetano Caltagirone, a leading investor in Generali, wants Italy's top insurer to grow into a big multinational "with Italian...
 

British Police Arrest 7 Suspected Members of Lapsus$ Hacking Group

Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms...
 

Greenlight Re Innovations Invests in Australia's Audit Insurance Startup AuditCover

Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., announced an investment in AuditCover Australia Pty Ltd., a tax...
 

Arthur J. Gallagher & Co. Acquires Canada's PCI Compensation Consulting

Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based PCI-Perrault Consulting Inc. (doing business as PCI...
 

Istanbul-Based Broker GrEC Joins Assurex Global as Partner

Assurex Global announced that GrECo, based in Istanbul, Turkey, has joined the global partnership, which now consists of 97 independent...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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Why E&S is a Huge Opportunity for Independent Agents

It's shaping up to be the best E&S lines market in U.S. history. Are you realizing the benefits? In this whitepaper, we'll...
 
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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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Three Keys to Differentiating Your Brokerage

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

Beyond Burnout: Redefining Benefits for a New Era of Work

In a new report, Beyond Burnout—Redefining a New Era in the Work Place, Cake & Arrow gets to the heart of how people's...
 
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Real Stories of Success from Agents Making Change

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. 44: Legal Expert Warning Obscure Law Could Cause Problems if Cannabis is Legalized

If Congress ever gets around to legalizing cannabis, the process of revoking federal...
 
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EP. 33: War in Ukraine Renews Questions Around Likelihood, Insurability of Cyber War

Since Russia launched a full-scale military invasion of Ukraine on February 24, questions have...
 
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