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Today's Headlines

 
February 7, 2022
 
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National

 

Reuters Special Report: J&J's Secret Plan to Limit Payouts to Cancer Claimants

Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who...
 

CNA Q4 Net Income Drops but Increases 74% for Full Year 2021

CNA Financial Corp. said fourth quarter 2021 net income decreased more than 30% to $266 million compared to the same period the prior...
 

NFL Vows to Improve Minority Hiring Policies, Investigate Tanking Allegations

National Football League Commissioner Roger Goodell told teams Saturday that the league will look to bolster policies meant to encourage...
 

New Crypto Coalition Vows to Address Potential for Fraud

A group of major cryptocurrency firms including Coinbase, Circle, Anchorage Digital and Huobi Global are forming a new coalition aimed at...
 

Court Nixes Damages Theory Behind Apple, Broadcom $1.1B Verdict Over WiFi Patents

A U.S. appeals court on Friday threw out a jury verdict ordering Apple Inc. and Broadcom Inc. to pay $1.1 billion to the California...
 

Despite Mitigation, Cyber Attacks, Rate Hikes to Continue in 2022

As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a...
 

How to Improve Insurance Outsourcing Contracts

(Part 2 of 2) Most insurance outsourcing contracts favor the provider, according to our firm's analysis of the language...
 
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East

 

Massachusetts Excludes Supplemental Workers' Comp From Retirees' Formula

The Massachusetts Supreme Judicial Court has clarified that a retirement board should not consider sick leave or vacation benefits that...
 

Judges Tosses Maryland Family's Suit Blaming Uber for Driver's Killing by Passenger

A federal judge in Baltimore on Thursday dismissed a wrongful death lawsuit against Uber Technologies Inc. filed by the family of a...
 

Massachusetts Lawmakers Advance Internet Data Privacy Bill

A bill that would grant Massachusetts residents what supporters describe as fundamental internet privacy rights -- including greater...
 

People Moves: Philadelphia Insurance Promotes 11 to Vice President

Philadelphia Insurance Companies (PHLY) announced the promotion of 11 leaders in its Underwriting, Marketing, Risk Management, Insurance...
 
More East News »
 
 
 
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Warranty Survey Report
 
AmTrust's Warranty Survey Report reveals an opportunity in the marketplace to improve offerings and expand warranty adoption across all categories.
 
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Midwest

 

Group of Ohio State Sex Abuse Survivors Appeal Lawsuit Dismissal

The inappropriate behavior of a long-dead Ohio State team doctor went unrecognized as sexual abuse until only recently and hence a...
 

Fire at Chicago Yacht Warehouse Causes Millions in Damages

A fire at a suburban Chicago boat storage warehouse caused millions of dollars in damage to the building and yachts stored inside, fire...
 

Michigan Fire Deaths Rose 144% in January

Michigan's fire-related deaths rose significantly in January as the state began 2022 with 144% more deadly fires than it saw during the...
 

People Moves: Santelli Joins Alera; POWERS Adds Hohn

Alera Group Names Tina Santelli VP of Worksite Specialty Solutions Alera Group announced that Tina Santelli has been appointed as Vice...
 
More Midwest News »
 
 

Insurance Jobs

 

Senior Accountant - String and Key - Remote (U.S) OR Brooklyn, NY (Hybrid)

 

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

 

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

 

Director, Workers Compensation Operations - NC Rate Bureau - Raleigh, NC

 

Sales Representative/ Insurance Carrier - National General Insurance [An Allstate Company] - IA, KY, KS, MN & UT - Remote/Work from Home

 
 
 

Southeast

 

Jury Awards $50 million to South Carolina Mayor in Defamation Lawsuit

A jury in South Carolina awarded $50 million in damages to a mayor in a defamation case against a longtime critic. The Beaufort County...
 

South Carolina House Doubles Fines for Passing Stopped School Bus

The South Carolina House has approved a bill that increases the penalties for passing a stopped school bus and requires all buses to have...
 

North Carolina Volunteer Fire Departments Get Grants from Blue Cross Donation

North Carolina's insurance commissioner said he plans to distribute more than $145,000 in grants this week to volunteer fire departments...
 

Alabama Woman Wanted in Georgia Insurance Fraud Case

A Georgia judge has issued an arrest warrant for an Alabama woman who may have forged documents to receive more than three months of...
 
More Southeast News »
 
 

South Central

 

NTSB Report Recounts Final Moments Before Fatal Louisiana Helicopter Crash

A helicopter was seen descending toward the ground in a nose-down position before it crashed near Houma, killing the pilot and a...
 

About 100 Catalytic Converters Discovered in Louisiana Raid

Police seized about 100 catalytic converters and arrested two people during a raid at a Baton Rouge home. Officers executing a search...
 

Teva, Texas Agree to Opioid Settlement Worth $225 million

Teva Pharmaceutical Industries Ltd has reached a settlement worth $225 million to resolve claims the drugmaker fueled an opioid epidemic...
 

Louisiana Power Company Seeks $450 Million For Stronger Electric Grid

Louisiana's largest power company is asking the Federal Emergency Management Agency for $450 million to make its electric grid more...
 
More South Central News »
 
 
 
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West

 

Washington Woman Who Says Coach Raped Her at Age 16 Will Get $7.5M

A woman has received $7.5 million from the Olympia-based Blackhills Football Club to settle a lawsuit that alleged she was raped by her...
 

Hub Acquires Assets of AVI Commercial Insurance in California

Hub International Ltd. acquired the assets of AVI Commercial Insurance Marketing Inc. in San Clemente, California. Doug Krumpols,...
 

Researcher Seeks Answers to Question: How Does A Town Rebuild After a Wildfire?

Three months after the most destructive fire in California's history, the residents of Paradise were sifting through the rubble of their...
 

Montana Coal Mine Hit with $1M Fine over Safety Violations

A central Montana coal mine must pay a $1 million fine for violating environmental and employee safety regulations by failing to report...
 

Citations for Driving 100 Mph-Plus Climbing in Nevada

The number of drivers ticketed in Nevada for putting the pedal to the metal in violation of speed limits continues to climb. Nevada...
 
More West News »
 
 

International & Reinsurance

 

EU Regulators Call for Action to Catch Up to Potential Systemic Risk of Digital Finance

Rapid action is needed to update how cross-border financial services are scrutinized and consumers protected as the sector becomes...
 

Google Sued by Price Comparison Provider, PriceRunner, for $2.4 Billion

STOCKHOLM -- Swedish price comparison firm PriceRunner said on Monday it was suing Alphabet-owned Google for about 2.1 billion euros...
 

Shares in French Care Homes Company Korian Drop as It Faces Group Lawsuit

Shares in French care homes company Korian slid lower on Monday after a Paris lawyer said she was preparing a group lawsuit against the...
 

Insurance Services Provider McLarens Opens Madrid Office

Global insurance services provider McLarens has opened a new office in Madrid, Spain. In addition to expanding its European footprint,...
 

People Moves: Howden Appoints Former WTW Executive Aubert as CEO of France

Howden, the London-based insurance broker, announced the appointment of industry veteran Nicolas Aubert as CEO, France. After holding...
 

Britain Names Lloyd as Interim Chair of Financial Conduct Authority at 'Pivotal Time'

Britain's finance ministry said on Friday that Richard Lloyd had been appointed interim chair of the Financial Conduct Authority from...
 

Cost of UK Auto Insurance in 2021 at 6-Year Low, but Cost Pressures Begin to Bite: ABI

The average price paid by motorists for their motor insurance in 2021 fell to its lowest level in six years according to the ABI's latest...
 
More International & Reinsurance News »
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

What Kind of Work are We Doing?

A job is the work we do when we need to have work. Maybe there's nothing else available. Maybe there's nothing else that we're qualified...
 
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Research and Webinars

 
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The Ultimate Tax Savings Guide For Insurance Agents

Tax season is here, and as an insurance agent, there are many unique tax strategies available that will help you maximize your...
 
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3 Success Stories of Agency Growth - Implement these Strategies in 2022

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
research

Small Business Safety and Health Handbook

Small business owners want to ensure their workers go home safe and healthy at the end of the day. However, small businesses...
 
research

Travelers Ins. Adopts Personalization Strategy to Support the Agent-Policyholder Relationship

Discover how agents can use modern communication tools to personalize their experience at scale. As the face of insurance...
 
research

2021 Warranty Survey Report

The Warranty Survey report takes a deeper dive into data, such as: Who is most likely to have purchased an extended warranty in...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 41: More M&As, Cannabis 'Frappucinos' on Tap for 2022

New Frontier Data, a producer of cannabis research and intelligence, released its "22 for 22...
 
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EP. 30: Insurers Grapple With Uncertainty Around Catastrophic Cyber Risk

Much uncertainty exists around catastrophic cyber threats, and for an industry so focused on...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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