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Today's Headlines

 
February 8, 2021
 
Today's Headline Sponsor: Safeco Insurance
 
 
 
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National

 

Banks See Rise Rise in 'Smash-and-Grab' Thefts from Automated Teller Machines

Convicted bank robber Willie Sutton, when asked why he robbed banks, famously said, "because that's where the money is." In today's...
 

Damage From Wildfire Smoke Extends to Infrastructure, Businesses, Other Communities

The damage caused by wildfires can be devastating, gutting structures and driving out people who live and work nearby. And researchers...
 

Senators Offer Bill to Limit Liability Shield for Social Media Firms

Three Democratic U.S. senators introduced a bill that would limit Section 230, a law that shields online companies from liability over...
 

Applied Underwriters Closes on Acquisition of Centauri Insurance Companies

Applied Underwriters has completed its acquisition of Centauri Specialty Insurance Co. and Centauri National Insurance Co., based in...
 

Researchers Say Machine Learning Boosts Defense Against Multi-Stage Cyber Attacks

A machine learning algorithm may give organizations a powerful and cost-effective tool for defending against attacks on vulnerable...
 

McGriff Launches On-Demand Excess Liability Product for Freight Brokers

McGriff has launched a new product that gives freight brokers the ability to purchase excess auto liability coverage online. TripExcess...
 

Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg

Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according...
 
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Professional Liability Underwriters Feeling Pressure From COVID: AM Best

The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many...
 
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Chubb CEO Greenberg on COVID Loss Predictions, Cyber and Rioters

COVID-19-related underwriting losses for the property/casualty insurance industry remain on track to reach as high as...
 
More National News »
 
 
 
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East

 

Biden Approves Disaster Declaration for Maryland Related to Tropical Storm

President Joe Biden approved a disaster declaration for Maryland and ordered federal assistance for recovery effort in areas affected by...
 

Judge Orders Release of New York Data on Long-Term Care Deaths

A state judge ordered New York's Department of Health to release records about nursing home residents who died of COVID-19 in a ruling...
 

Berkley Service Professionals Names Rea as Executive Vice President

Berkley Service Professionals, a division of Berkley company Berkley Alliance Managers, has named Tom Rea as executive vice president....
 
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Midwest

 

Indiana Lawmakers Fast-Track COVID-19 Lawsuit Shield

Indiana legislators are poised to finalize a fast-tracked proposal that will give a broad shield protecting businesses and others from...
 

Michigan Eatery to Pay $200K to Settle Sex Harassment, Retaliation Suit

A Michigan restaurant has agreed to pay $200,000 and furnish other relief settle a federal sexual harassment and retaliation lawsuit,...
 

Improvements Bringing Down Flood Insurance Rates in Cedar Rapids, Iowa

When Iowa's Cedar River flooded over 10 square miles of the city in 2008, few property owners had flood insurance -- slowing recovery for...
 
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Southeast

 

Applied Underwriters Closes on Acquisition of Centauri Insurance Companies

Applied Underwriters has completed its acquisition of Centauri Specialty Insurance Co. and Centauri National Insurance Co., based in...
 

Alabama Lawmakers Move Forward with COVID Liability Protections

Alabama lawmakers on Thursday fast-tracked a pair of pandemic bills - one to exempt coronavirus relief payments from state income tax and...
 

Florida Peninsula Adds King as Director of Customer Experience

The Florida Peninsula Insurance family of companies has hired Mindy King as the company's director of Customer Experience. This is a new...
 

Tennessee AG Sues Supermarket Chain for Flooding State with Opioids

Tennessee's attorney general on Thursday sued Food City over claims that the supermarket chain's pharmacies intentionally profited from...
 
More Southeast News »
 
 
 
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South Central

 

Neptune Flood, Acadian Managers to Offer Flood Insurance in Louisiana

Neptune Flood, an AI-driven flood insurance company, has partnered with Acadian Managers (Acadian) to offer flood insurance coverage...
 

Northern Oklahoma Rattled by Small Earthquakes

A series of small earthquakes believed by seismologists to be caused by the underground injection of wastewater from oil and gas...
 

Massive Fire Destroys County Courthouse in Texas; Arson Suspected

A suspect has been arrested been taken into custody following a massive fire that destroyed all but the rock outer walls of an...
 
More South Central News »
 
 
 
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Business Income Insurance Demystified
 
Business income coverage is arguably one of the most important coverages your commercial clients should have. Get THE book on the subject.
 
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West

 

Damage From Wildfire Smoke Extends to Infrastructure, Businesses, Other Communities

The damage caused by wildfires can be devastating, gutting structures and driving out people who live and work nearby. And researchers...
 

California Largest Utilities Will Spend Billions to Lower Wildfire Risk

California's largest utilities said that they will spend about $13 billion to reduce the risk of wildfires following the worst fire...
 

Arizona Facing Above-Normal Wildfire Threats

Drought remains in place across Arizona with a likelihood of warm and dry conditions in coming months even after a recent storm dropped...
 

Newfront Insurance in California Adds Benedetti to Employee Benefits

Newfront Insurance in San Francisco, Calif., has named Joseph Benedetti a principal and employee benefits producer. Benedetti is based...
 
More West News »
 
 
 
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International

 

Willis Towers Watson to Pay $2.1M Cash Retention Agreements for 4 Executives

Willis Towers Watson has approved retention agreements for four executives as an incentive for their continued employment until the...
 

UK Company Directors Could Become Personally Liable for Financial Statements

LONDON - Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from...
 

UK Lawmakers to Investigate Bain Capital's Bid for LV= Businesses: Guardian

A group of UK lawmakers will investigate Bain Capital's 530 million pound ($728 million) deal for Liverpool Victoria Financial Services'...
 

Lloyd's Launches Global Platform to Drive Resilience to World's Systemic Risks

Lloyd's, the insurance and reinsurance marketplace, is launching "Futureset," a new global platform and community dedicated to driving...
 

Arthur J. Gallagher & Co. Completes Acquisition of UK's Bollington Wilson Group

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed its acquisition of specialist UK insurance...
 

Berkshire Hathaway Specialty Insurance Promotes Blas to Head of Property, Spain

Berkshire Hathaway Specialty Insurance (BHSI) announced that Tomas Blas has been promoted to head of Property, Spain. Blas, who has 17...
 
More International News »
 
 
 
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Understanding Business Income
 
Business income coverage is arguably one of the most important coverages your commercial clients should have. Get THE book on the subject.
 
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Insurance Journal Blogs and Columns

 

The Hidden Risk in Social Media Marketing

This post is part of a series sponsored by Hanover Insurance Group Inc. The explosive growth of digital marketing has encouraged...
 
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Research and Webinars

 
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How to Grow Your Agency with Digital Marketing

Join Us Wednesday, Feb. 17th, 10 am PT, 1pm ET In today's marketplace, increasing your number of clients, policies sold, and...
 
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Weigh Your Options on Starting Your Own Premium Financing Program

Agencies arranging financing to insureds through premium finance companies can increase their top and bottom lines by offering...
 
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Broker Success Checklist

P&C brokers, are you helping your clients navigate their critical areas of risk? Businesses choose to work with brokers that...
 
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Getting the Most Out of Your Agency Data

To succeed and grow in a digital-first world, insurance agencies need to know and use the data in their technology. Agencies...
 
More research and webinars »
 
 

Insurance Journal TV

 
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ICS20 Soundbite: Capacity, Vaping Among Issues in Cannabis Industry Going Forward

Norman Ives, a wholesale insurance broker at Worldwide Facilities LLC specializing in custom...
 
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EP. 2: Forget the Stars, Insurers are Shooting for the Cloud

Recent research shows that more insurers are taking advantage of cloud technology for data...
 
Watch more videos at InsuranceJournal.tv »
 
 

Reader Comments

 

Florida Condo Association Sues Resident for Feeding Stray Cat

Posted: Wed Feb 3 -- Wow ! There has to be at least ten different ways this could have been handled that would be condo friendly, animal friendly, elderly... Questionning
 

OSHA Issues COVID-19 Workplace Safety Guidance

Posted: Mon Feb 1 -- This sentence summed up the article well: "Much of the guidelines released Friday are similar to ones from the Trump administration".... TR714
 

As Insurers Exit Coal Underwriting, They May Find It's Good for Stock Valuations

Posted: Tue Feb 2 -- Didn't know Underwriters are now Stock Analyst. SMH. Wonder if Stockholders want underwriters to just focus on stock price and not actually... TX Agent
 

2 California Customers Sue Subway over Tuna

Posted: Mon Feb 1 -- Sounds like another Fishy lawsuit! RealityCheck
 
Go To Popular Comments »
 
 
 
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