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Today's Headlines

 
March 4, 2022
 
Today's Headline Sponsor: Risk Placement Services (RPS)
 
 
 
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Hackers Gonna Hack
 
Be prepared with insights from the Cyber Market Outlook.
 
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National

 

U.S. Attorney General: Prosecuting Individuals Is Top Priority in Policing Corporate Crime

The U.S. Justice Department's top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General...
 

Sept. 11 Victims Seek Seizure of Iran Oil From U.S.-Owned Tanker

Victims of the Sept. 11, 2001, attacks asked a U.S. judge to order the seizure of Iranian crude oil from a tanker owned by an American...
 

Customer Satisfaction Scores Drop for Property Claims: J.D. Power

J.D. Power says frustration with slower claim cycle times and a rough transition to digital channels contributed to the lowest customer...
 

Markets/Coverages: Take1 Features Film Producers Package; Pathpoint Now Serving Restaurants; Nexus Specialty Targets Management Liability

Take1 Introduces Coverage for Documentary, Industrial, Commercial, and Educational Film Producers Thanks to the growing number of...
 

'Essential' MGAs, Other DUAEs Face Inflation, Staffing Pressures

Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports that...
 

Russian Cyberattacks May Test Insurer War Exclusion Policy Language

The Russian invasion of Ukraine has increased the risk of cyberattacks and potential claim costs for property/casualty (P/C) insurers...
 

Report: Nearly a Third of U.S. Hazardous Chemicals Facilities Exposed to Climate Change Dangers

A report from the Intergovernmental Panel on Climate Change stating that climate change is leading to increasingly irreversible impacts,...
 

AIG to Move High Net Worth Homeowners to E&S

Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of...
 

Majority of Workers Would Quit Their Job Because of a Bad Boss: Survey

Whether a boss is perceived as "good" or "bad" can be the deciding factor in an employee's decision to stay or quit,...
 
More National News »
 
 
 
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Five Step Plan to Insurance Learning
 
We developed a five step plan to move your insurance learning adventure forward. All without spending days in the classroom, or reading page after page.
 
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East

 

Judge Rejects New York's Bid to Dissolve NRA But Allows Lawsuit to Proceed

A judge has rejected an effort by New York's attorney general to put the National Rifle Association out of business, but will allow her...
 

Maryland Weighs Measures to Enhance State, Local Government Cybersecurity

Maryland lawmakers highlighted a package of measures Wednesday to tighten cybersecurity in the state. Maryland House Speaker Adrienne...
 

Israeli Ice Cream Maker Sues Ben & Jerry's for Damages Over Boycott

Ben & Jerry's was sued on Thursday by its longtime Israeli ice cream manufacturer, which said the company illegally severed their 34-year...
 

Element Risk Management Acquires Pennsylvania's Ross Insurance

Element Risk Management has acquired Ross Insurance, a personal and commercial lines agency located in Lancaster, Pennsylvania. Terms of...
 
More East News »
 
 

Insurance Jobs

 

Actuary - Security First Managers - Security First Managers, LLC - Ormond Beach, FL

 

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

 

Field Sales Territory Manager – Foremost Insurance - Farmers Insurance - Portland, Eugene, Salem (Oregon)

 

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

 

Commercial Lines Producer (Construction) - Hub International - Seattle, WA

 
 
 

Midwest

 

Two Kansas City Workers Die in Trash Truck Fire

A second Kansas City worker has died from injuries after a trash truck crashed and caught fire, police said. The crash happened the...
 

Michigan Sues Dam Owner Over Sediment in Kalamazoo River

The state of Michigan sued the owner and operator of a hydroelectric dam, alleging that its mismanaged drawdown of a lake to do repairs...
 

Michigan AG Asks State High Court to Extend Anti-Discrimination Law to Gays And Lesbians

Michigan's attorney general on March 2 asked the state Supreme Court to overturn key decisions and extend the state's anti-discrimination...
 
More Midwest News »
 
 
 
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OSHA-NIOSH Safety & Health Handbook
 
With the OSHA-NIOSH Small Business Safety and Health Webinar, business owners have access to self-inspection checklists to support safe practices.
 
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Southeast

 

Florida Insurance Bill Passes Senate, But Chances in House Uncertain

The Florida Senate approved a bill that could limit many homeowners' roof claims, which some insurers have called a major factor behind...
 

Florida DFS Takes Action Against Public Adjuster Insurers Had Crossed With

After several months of investigation, Florida regulators have filed an official action against a public adjuster that insurance...
 

Mississippi-based Cadence Combines Insurance, HR Subsidiaries

Cadence Bank, found in parts of the South and Midwest, has merged two of its own subsidiaries to provide customers with a wider range of...
 

HUB International Adds Financial Firm in Louisville

The global insurance brokerage known as HUB International has acquired Kentucky-based Taylor Advisors, a financial consulting and...
 

Tennessee Insurance Department Uses Mediation to Settle Claims Disputes, Returns $8M

The Tennessee Department of Commerce and Insurance returned more than $8 million to policyholders in 2021 through mediation between...
 
More Southeast News »
 
 
 
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2022 ISO Homeowners' Updates
 
It's been over a decade since the last revision of the ISO Homeowners' program. Since then, lifestyles and exposures of many in America changed considerably.
 
Learn what's new
 
Academy of Insurance
 
 
 
 

South Central

 

Texas Workers' Comp Division Reports 78K COVID-19 Claims

The Texas Department of Insurance, Division of Workers' Compensation (DWC) reported more than 78,000 COVID claims and 422 fatalities as...
 

Texas Man Convicted For Threatening to Extort Insurance Contract

A 48-year-old Sullivan City, Texas man has admitted to threatening to cancel a contract if he did not receive increased monetary...
 
More South Central News »
 
 

West

 

California Cites Resort $3.3M for Failing to Rehire Workers Axed During Pandemic

The California Labor Commissioner's Office cited Terranea Resort in Rancho Palos Verdes $3.3 million for failing to offer job positions...
 

$12.8M in Funding Authorized for Arizona Wildfire Recovery

The U.S. Department of Agriculture has agreed to provide $12.8 million in emergency funding to help parts of Arizona recover from three...
 

$300K Settlement with Biker Club Member in Las Vegas Traffic Stop Dispute

Las Vegas police have agreed to a $300,000 settlement with the estate of a California man who said he was illegally questioned by...
 

People Moves: Pinnacol Names O'Donnell President and CEO; Altman Becomes CEO of Covered California

Pinnacol Assurance named John O'Donnell president and CEO. He will join the company Feb. 28. O'Donnell will succeed Phil Kalin, who is...
 

Court Issues Stay on Washington Insurance Credit Scoring Ban

A Washington judge issued a stay on a rule banning the use of credit scoring by insurers in that state, and consolidated cases...
 
More West News »
 
 

International & Reinsurance

 

China Instructs State Insurers to Review Exposure to Russia, Ukraine

China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl about the damage to...
 

London Halts Stocks, Trade Insurers Withdraw Cover as Isolation of Russia Intensifies

Russia's global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian...
 

Italian Insurer Generali to Pull Out of Russia, Give Up Seats on Russian Insurer Board

Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow's invasion of Ukraine, while Intesa Sanpaolo,...
 

Ukrainian Cyber Group to Target Russian Power Grid, Railways

A Ukrainian cyber guerrilla warfare group plans to launch digital sabotage attacks against critical Russian infrastructure such as...
 

ANALYSIS-Who Pays? UN Climate Report Reignites Global Fight for Compensation

With this week's U.N. climate science report laying bare the staggering economic costs and losses already faced from climate change, an...
 

Property, Motor Vehicle Insurance Claims From Severe Australian Floods at $900M and Rising

Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

2021 Natural Catastrophe Losses From Major Events Reached $56.92B - Here's Why

This post is part of a series sponsored by CoreLogic. When a natural catastrophe hits a community, there can be significant long-term...
 
More Blogs »
 
 

Research and Webinars

 
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...
 
research

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

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

Want to experience real growth at your agency? You might need to reconsider where you are focusing your attention. Some agents...
 
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. 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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