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Today's Headlines

 
May 6, 2022
 
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National

 

Allstate Outlines 'Surgical' Auto Rate Hikes to Combat Inflation

Rate increases in Allstate's auto insurance business are in integral part of the insurer's overall plan to address the impact of...
 

Bird Flu Outbreak Nears Worst Ever in U.S. With 37 Million Dead

A bird flu virus that's sweeping across the U.S. is rapidly becoming the country's worst outbreak, having already killed over 37 million...
 

Intuit to Pay $141 Million to Settle TurboTax Deception Claims

Intuit Inc agreed to pay $141 million in restitution to settle claims by all 50 U.S. states and Washington, D.C., that it tricked...
 

Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA

A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance...
 

People Moves: Zurich Adds Sustainability Posts; Pie Attracts 4 Execs; Big 'I' Names Invest Chief

Zurich Creates Role to Support Energy and Construction Clients With Sustainability Zurich North America has created three roles to...
 

On the Water: Boats & Risk

People who like the water like boats. This might be a gross misuse and the mariners among us might get offended by it, but I’m going to...
 

Berkshire's Buffett Talks Nuclear Risk and Tribalism

Shareholders attending Berkshire Hathaway's annual meeting on Saturday had questions about what will happen to the...
 
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East

 

OSHA Investigating Collapse of Boston Power Plant; Builder Pauses All Projects in City

Firefighters in Boston worked for more than three hours to rescue an injured construction worker after part of a historic power plant...
 

New Jersey Steers $50M Into Buy Flood-Prone Properties

On a residential block in Lambertville, New Jersey where in Tropical Storm Ida's flood waters swept two houses into Swan Creek, New...
 

Gen Re, Boston's Suffolk University Create Behavioral Economics Relationship

Suffolk University professors are bringing their expertise in behavioral economics to Gen Re through a new business relationship designed...
 

People Moves: A.I.M. Mutual Picks Landers as New President, CEO

New England workers' compensation specialist A.I.M. Mutual Insurance Companies has named Daniel A. Landers as president and chief...
 
More East News »
 
 
 
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Midwest

 

AM Best Assigns Credit Rating to Nebraska's Omaha National

Omaha National Group, Inc., a tech-enabled provider of workers' compensation insurance and payroll services, announced that AM Best has...
 

Report: Michigan 2020 Dam Failures Were 'Preventable'

The failure of two Michigan dams that forced evacuation of 10,000 people and destroyed 150 homes was "foreseeable and preventable,"...
 

Hub Acquires Illinois' Alta Actuaries And Consultants

Hub acquired the APEX Global Benefit Management system and related assets from Alta Actuaries and Consultants, LLC (Alta), which consist...
 
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Insurance Jobs

 

Executive Underwriter – Wholesale Primary Casualty - Navigators, A Brand of The Hartford - Alpharetta, GA (Hybrid)

 

Service Operations Manager - Hub International - Seattle, WA

 

Vice President of Sales Development - Commercial Lines - Hub International - Washington or Oregon

 

Commercial Lines Account Manager - Eastern States Insurance - Waltham, Massachusetts

 

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

 
 
 

Southeast

 

Walgreens Settles Florida Opioid Lawsuit for $683 Million

The Walgreens pharmacy company has reached a $683 million settlement with the state of Florida, halting a trial over state claims that...
 

Atlanta Firefighter Shortage Could Mean Higher Insurance Rates

Atlanta is short about 200 firefighters, sparking fears that homeowners' insurance premiums could soon spike. Atlanta TV 11Alive reported...
 

With Inadequate Natural Catastrophe Prices, Swiss Re Gives Florida a Wide Berth

Premium rates for natural catastrophe risks in Florida continue to be inadequate, which is why Swiss Re is giving that market a wide...
 

Florida Governor Said to Be Eyeing Texas-Style Litigation Law for Special Session

With Florida lawmakers set to convene in less than three weeks to face the swirling winds of the state's property insurance crisis, Gov....
 
More Southeast News »
 
 
 
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South Central

 

Oklahoma Construction Company Faces $370,000 OSHA Penalty

An Oklahoma construction company faces proposed penalties of $370,347 after a U.S. Department of Labor Occupational Safety and Health...
 

Texas DWC Seeks Comments on Amendments to Death Benefits Rule

The Texas Department of Insurance (TDI), Division of Workers' Compensation (DWC) announced May 5 plans to amend 28 Texas Administrative...
 

Tornadoes Hit Texas, Oklahoma; More Storms in Forecast

A springtime storm system spawned several tornadoes that whipped through areas of Texas and Oklahoma, causing damage to a school, a...
 
More South Central News »
 
 

West

 

Trust Distributed $1.69B to PG&E California Fire Victims in 2021

Nearly $1.7 billion has been distributed to victims of California wildfires for which Pacific Gas & Electric was blamed, a new report...
 

Hospital in California Sued for Racism in Black Mother's Death

The husband of a Black woman who died hours after childbirth in 2016 sued Cedars-Sinai Medical hospital on Wednesday, saying she bled to...
 

FutureProof Secures $6.5M to Launch Climate Risk MGA

San Diego-based FutureProof Technologies, which calls itself a "climate-smart property/casualty insurtech," announced that it has raised...
 

Report Forecasts 'Above-Normal' U.S. Wildfire Season, Worse in Drought-Plagued West

The U.S. has in store an "above-normal" wildfire season if a prediction out on Wednesday from fire weather experts holds true - "intense"...
 
More West News »
 
 

International & Reinsurance

 

Dubai Aerospace Files Insurance Claims of $1B for Aircraft Stranded in Russia

The Middle East's biggest plane-leasing firm wrote off half-a-billion dollars for aircraft stranded in Russia, after the Kremlin issued a...
 

Insurer Aviva Urges UK Government to Detail How It Will Reach Net Zero Emissions

The British government should practice what it preaches on net-zero emissions, according to insurer Aviva Plc and conservation group WWF....
 

Paris Resident Seeks $22M for Health Damage Caused by Air Pollution

A Paris resident seeking 21 million euros ($22 million) for health damage caused by the city's pollution got a boost from an adviser to...
 

Russia's Leading Shipping Firm Sovcomflot Plans to Sell Part of Its Fleet: Report

Russia's leading shipping company Sovcomflot plans to sell part of its fleet, it said on Friday, as it grapples with Western sanctions...
 

Europe's Top Court Rules Against Compensation for Banco Popular Investors

Europe's top court said on Thursday that Banco Popular shareholders who took part in its capital increase in 2016 are not entitled to...
 

Insurance Price Tag for Australia's Record-Breaking Floods Estimated at A$3.35B: ICA

The storms and floods that hit South-East Queensland and coastal New South Wales in February and March are likely to be Australia's...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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How to Grow Your Business with E&S Lines

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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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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Automate Away the Tedious Parts of Producer Management

Wasting time on repetitive producer management tasks is limiting your ability to grow quickly. Read this whitepaper from...
 
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How the "Work" in Workers' Comp Is Changing

The Great Resignation. Labor shortages. Remote work. How are today's workplace trends affecting workers' compensation? Join us...
 
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Third-party Risk Posture of the Top 99 US Insurance Companies

This report analyzes the top 99 insurance companies by net premiums written in order better understand their cyber posture and...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 47: Cannabis Data Chief on Industry Growth, Opportunities

The cannabis business is big bucks. Global cannabis sales for 2022 will reach just over $35...
 
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EP. 46: You've Heard it Before, So Here it is Again: D&O is a Tough Pill for Cannabis

Directors and officers is a tough line of business, no matter what industry is footing the...
 
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