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Today's Headlines

 
May 27, 2022
 
Today's Headline Sponsor: Risk Placement Services (RPS)
 
 
 
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Hackers Gonna Hack
 
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National

 

Musk Sued by Twitter Investors for Stock 'Manipulation' During Takeover Bid

Billionaire Elon Musk was sued by Twitter Inc .investors claiming he manipulated the company's stock price downward, as the chief...
 

NFL to Appeal Ruling in Gruden Lawsuit Over Leaked Emails

The NFL said Wednesday it will appeal a ruling denying a request to move former Las Vegas Raiders coach Jon Gruden's lawsuit against the...
 

FDA Chief Struggles to Explain Slow Response on Baby Formula

The head of the Food and Drug Administration faced bipartisan fury from House lawmakers May 25 over months of delays investigating...
 

McDonald's Investors Demand Civil Rights Audit in Close Vote

McDonald's Corp. investors voted in favor of a proposal calling for an independent civil-rights audit, going against the company's...
 

Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey

Nearly three quarters of global cyber-risk decision markers recently surveyed said their company experienced at least one cyberattack in...
 

People Moves: Great American Promotes Mulvey; Rivera Succeeds Lubrano at Berkley Product Recall; Fusion Names U.S. Team for M&A

Great American Promotes Mulvey to Divisional President Great American Insurance Group recently announced the promotion of Michael B....
 

U.S. Consumer Spending Beats Expectations in April; Inflation Likely Peaked

U.S. consumer spending rose more than expected in April, while annual inflation appeared to have peaked, which could help to underpin...
 

Study Finds Climate Change Could Hit U.S. Corn Belt Hard

Climate change could hit the U.S. Corn Belt especially hard, a study from Emory University finds. Without "major technological advances...
 

Employment Practices Liability Rates

Even with all of the change and disruption, employment practices liability insurance market experts say the market is competitive and poised...
 

5 Tips to Keep Employees From Leaving

It's been called "The Great Resignation," "The Great Migration," "The Big Quit," etc., but whatever name you give it,...
 
More National News »
 
 
 
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East

 

New York City Firms' Return-to-Office Plans Face Persistent COVID Headwinds

Efforts by financial firms and others to bring workers back to Manhattan offices more than two years after the start of the coronavirus...
 

Massachusetts Joins States Suing Makers, Marketers of 'Forever Chemicals'

Massachusetts has sued more than a dozen companies involved in the manufacture or marketing of so-called forever chemicals, alleging they...
 

1, 2, 3 FedEx Trucks Crash Into Each Other on Maine Road

ALFRED, Maine --Three FedEx delivery vehicles traveling single file crashed into each other, sending one driver to the hospital and tying...
 

Jury Grants 2 Former Philadelphia Police Officers $1M Bias Verdict Against City

Two former police officers whose gender discrimination and sexual harassment lawsuit led Philadelphia's police commissioner to resign...
 

People Moves: MEMIC Names White Underwriter for Pennsylvania; World Insurance Hires Robb as General Counsel; S&S Adds Loss Control Specialist White

MEMIC Hires White as Senior Underwriter in Pennsylvania Workers' compensation insurer MEMIC Group has hired Curtis White as senior...
 
More East News »
 
 
 
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Worker Safety Tips
 
AmTrust's Loss Control department offers 22 helpful tips to keep safety top of mind through the seasons in 2022 - and beyond.
 
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Midwest

 

Ohio Supreme Court: Ditch Diggers Misclassified as Independent Contractors

Ditch diggers who accepted work assignments online and used their own spades and shovels to do the work cannot be classified as...
 

Lawsuit: 13-Year-Old's Hands Up When Shot by Chicago Officer

A 13-year-old boy shot in the back by a Chicago police officer was unarmed and had his arms raised to surrender when he was hit by the...
 

Recreational Marijuana Validated for Ballot in South Dakota

South Dakota voters are set to vote again on whether they want recreational marijuana legalized for adults after the secretary of state...
 
More Midwest News »
 
 

Insurance Jobs

 

Business Development Manager - Intact Insurance Specialty Solutions - Atlanta, GA, Chicago, IL, or Remote

 

Commercial Lines Underwriter II - Frederick Mutual Insurance Company - Frederick Maryland

 

Underwriting Assistant - Frederick Mutual Insurance Company - Frederick Maryland

 

Business Development Representative (InsurTech) - DataCrest, Inc. - Remote

 

Product Analyst - Coverys - Boston, MA; East Lansing, MI; Omaha, NE or Remote

 
 
 

Southeast

 

People's Trust, Southern Fidelity Stop Writing New Business in Florida

Two more property insurers, including two of Florida's larger carriers, did not wait around to see what help the just-concluded special...
 

High-Speed Lawmaking: Florida Governor Quickly Signs Insurance, Condo Reform Bills

Florida Gov. Ron DeSantis signed property insurance and condominium maintenance reform legislation into law Thursday, putting an...
 

North Carolina Unveils Flood-Warning System for Roads

The North Carolina Department of Transportation has armed itself with an advanced flood-warning system designed to help pass the word to...
 
More Southeast News »
 
 
 
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South Central

 

Texas Mutual to Award $1.1M in Safety Education Grants to 11 Texas Colleges

Texas Mutual Insurance Company is awarding $1.1 million in grants to 11 colleges across Texas to fund workplace safety courses for...
 

Abandoned Louisiana Oil Wells Slated to Receive Clean Up in Infrastructure Bill

About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go toward...
 

Milestone Partners Acquires Louisiana's GoAuto

Milestone Partners acquired specialty auto insurance holding company Drive Assurance Holdings LLC ("Drive Assurance") and the related...
 
More South Central News »
 
 

West

 

New Mexico Wildfire Nears 50% Containment

Crews in northern New Mexico have cleared and cut containment lines around nearly half of the perimeter of the nation's largest active...
 

Court Upholds Washington Commissioner's Action's Against Armed Citizens Legal Defense Network

The Superior Court of Lewis County upheld Washington Insurance Commissioner Mike Kreidler's fine and cease-and-desist order against Armed...
 

Blaze Burns 3 Large Buildings in Alaska Village

Firefighters have contained a blaze in the southwest Alaska village of Kasigluk that burned three buildings, including a school building,...
 
More West News »
 
 

International & Reinsurance

 

Russia Plans to Seize Local Units of Western Firms That Try to Exit Country

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake...
 

Ukraine's Richest Man Plans to Sue Russia for Destruction of Steel Plants, Lost Business

Ukraine's richest man says he plans to sue Russia over what he said was $17 billon to $20 billion in losses caused by its bombardment of...
 

U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources

The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to the United States...
 

Canada Releases Draft Guidelines to Manage Financial Risks of Climate Change

A Canadian financial regulator released draft guidelines on Thursday to mitigate the risks of climate change as the country's financial...
 

Dutch Insurer NN Group Expects to Accelerate Exit From Coal Investments

DAVOS, Switzerland - NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe...
 

Financial Services Firms Face Disclosure Requirements for Biodiversity Investments

DAVOS, Switzerland - Financial firms already struggling with climate-compliance due to unclear measurement metrics will soon face new...
 

Generali's 2nd Largest Investor, Who Sought to Oust CEO, Quits Board

Francesco Gaetano Caltagirone, the second largest shareholder in Assicurazioni Generali, has quit its board, the Italian insurer said on...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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Amidst a Widespread Microchip Shortage, Real-Time Insurance Reporting is a Must

Entering into another year of unpredictability in the global supply chain, the shortage of automobile semiconductor chips —...
 
research

It's Shaping Up to Be the Best E&S Lines Market in U.S. History

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...
 
research

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...
 
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Streamline Producer Management Through Smart Integrations

Wasting time on repetitive producer management tasks is limiting your ability to grow quickly. Read this whitepaper from...
 
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Navigating a Sea of Uncertainty: 5 Reasons to Select a Cargo Policy

Port accumulation and trans-shipment delays. Extreme weather events. Fires at sea. These are just a few interconnected yet...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 48: Growing Cannabis Lounge Buzz Across U.S. Cities Calling to Insurers

Several insurance professionals who specialize in cannabis are getting more calls about...
 
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EP. 37: Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive

As the InsurTech industry approaches the next wave of innovation, experts say this could mean...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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