Insurance Journal
 
 

Today's Headlines

 
January 24, 2022
 
Today's Headline Sponsor: Safety National
 
 
 
adv
 
Remain Accessible. Always.
 
Insurance is not a transactional business for us. We develop true partnerships with clients fostered by active listening and a deep commitment to finding solutions.
 
Proceed with Safety®
 
Safety National
 
 
 
 

National

 

Insurtech Root Lays Off 330 Employees as Loss Costs Increase

Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off...
 

Secondary Perils Are Increasing Share of U.S. Catastrophe Losses

Secondary peril events such as wildfires, tornadoes and severe thunderstorms are becoming more impactful and generating an increasingly...
 

Sarah Palin's Defamation Trial Against New York Times Scheduled to Start

Sarah Palin, the former Alaska governor and 2008 Republican vice presidential nominee, has spent 4-1/2 years battling the New York Times...
 

Ford Motor, ADT $105M Joint Venture Targets Vehicle Security Systems

Ford Motor Co. and ADT Inc. have launched a $105 million joint venture, Canopy, to develop and market in-vehicle security systems for...
 

People Moves: Brown & Brown Welcomes Zurich's Batta; Hartford's Vaughn to Global Specialty; Chubb Names Spitzer Treasurer, Harkin North America CFO

Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated three...
 

Construction Industry Faces 'New Age' Risks Along with Strong Growth Outlook

The global construction industry's risk landscape will be transformed by radical changes in design, materials and processes as the...
 

Agents Need E&S Markets Now, More Than Ever

Insurance rates are rising, capacity is shrinking, and carriers are tightening their underwriting requirements. As a result, agents must...
 

Travelers Leaning Into AI, Tech as Earnings Rise

Reviewing the 2021 highlights of both a final quarter and a year that saw Travelers deliver double-digit...
 
More National News »
 
 
 
Advertisement
 
adv
 
Leading the Productivity Revolution
 
ExdionEdge- your bridge to the digital divide. High performance teams trust us to win the race.
 
Talk to us
 
Exdion Solutions
 
 
 

East

 

Judge Dismisses Claims Against Ocean City for Beach Umbrella Injury

A judge has dismissed Ocean City from a federal lawsuit over a beach umbrella getting caught in the wind and impaling a woman. The...
 

New Hampshire Opioid Trial Against Johnson & Johnson Delayed Until September

New Hampshire has postponed a pending trial against drugmaker Johnson & Johnson over opioid distribution and marketing from February to...
 

Maine College Settles with Female Coaches on Pay, Treatment

Attorneys for a Maine college and five female athletics coaches said Friday they have reached a settlement stemming from a lawsuit over...
 

People Moves: NFP Realigns Northeast Leadership; Keystone Adds Pacheco for HR

NFP Realigns Its Northeast Region Leadership, Appoints Henry and Walsh Co-Presidents Insurance broker NFP announced Kate Henry and Mike...
 
More East News »
 
 

Insurance Jobs

 

Sales Representative/ Insurance Carrier - National General Insurance [An Allstate Company] - Colorado - Remote/ Work from Home

 

Insurance Underwriter - New Energy Risk - San Francisco Bay Area

 

Small Business Account Manager - Plastridge Insurance - Delray Beach, FL/Remote/Hybrid available

 

Sales Executive & Business Owner - Premium Finance Brokerage, LLC - Nationwide

 

Client Service Advisor - National Real Estate Insurance Group - Kansas City, MO metro area

 
 
 

Midwest

 

Insurtech Root Lays Off 330 Employees as Loss Costs Increase

Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off...
 

VW Pays $3.5M to Settle Diesel Emissions Claims with Ohio

Volkswagen AG agreed to a $3.5 million settlement with Ohio over claims the German automaker violated state laws by manipulating vehicle...
 

Church Victims Push Nebraska Lawmakers to Expand Lawsuit Window

Victims of sexual abuse at the hands of Catholic priests urged Nebraska lawmakers on Friday to pass a law that would let people who were...
 
More Midwest News »
 
 

Southeast

 

Florida Rate Hearing Highlights Southern Fidelity's Dire Position, Lack of Action on Senate Bill

The head of one of the larger property insurance companies in Florida said Friday that without a doubling of some of its rates, it will...
 

Federal Judge Says RICO Lawsuit vs. United P&C Must be Revised

A federal judge in Tampa has ordered a roofing contractor to revise its lawsuit complaint, which alleges racketeering law violations...
 

West Virginia Aims To Launch Mutual Insurance Company for Mine Reclamation

The West Virginia Senate appears poised to pass a bill that would create a mutual insurance company dedicated to coal mine reclamation...
 

Georgia Governor Wants to Pay off $150 Million State Workers' Comp Backlog

Thanks to an unexpectedly large state budget surplus for 2021, Georgia's governor wants to pay off a $150 million backlog of workers'...
 
More Southeast News »
 
 

South Central

 

Tulane Medical School Racial Discrimination Suit Settled

A lawsuit alleging racial discrimination at Tulane University's School of Medicine has been settled. Dr. Princess Dennar, a former...
 

Louisiana Homeowners Insurer Americas Placed In Receivership

Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses...
 

Feds: Louisiana Worker Who Fell 50 Feet Didn't Wear Lifeline

A worker on a crew replacing corroded grating on an oil platform wasn't wearing his safety lifeline when he fell to his death off...
 

USI Acquires Texas' D&H Risk Services

USI Insurance Services has acquired Longview, Texas-based D&H Risk Services LLC. Founded in 1936, D&H Risk Services is an independent...
 
More South Central News »
 
 

West

 

Western National, Alfa Insurance Agree to Sale of Legacy in Arizona

Western National Mutual Insurance Co. and Alfa Insurance announced an agreement for Alfa to purchase Legacy Insurance Services Inc. in...
 

Hundreds Evacuated as Crews Battle California Wildfire

Hundreds of residents remained evacuated Sunday as crews battled a wildfire in rugged mountains along the California coast that forced...
 

Berkley One Expanding into Utah

Berkley One has expanded its personal insurance portfolio to Utah. Berkley One is also expanding into Maine. Berkley One Classics...
 

California Commissioner OKs FAIR Plan Coverage Options for Farms and Ag Businesses

California Insurance Commissioner Ricardo Lara on Friday approved the FAIR Plan to offer new commercial coverage for farm structure risks...
 
More West News »
 
 

International & Reinsurance

 

Generali Proposes Candidates for New Board as Battle Rages On With Leading Investors

Italy's top insurer Generali on Friday said it would press on with a list of candidates for its new board in line with regulatory...
 

Aviva Broadens Sustainable Investments to Include Biodiversity, Human Rights

Leading British asset manager Aviva Investors plans to push boards for greater action on biodiversity and human rights so that companies...
 

Operator of Japan's Crippled Fukushima Nuclear Plant Face Another Setback in Clean-up

The operator of Japan's crippled Fukushima nuclear power plant has found that a coolant solution, used to create an ice wall halting the...
 

Howden Acquires Italy's Tower SpA

Howden, the London-based insurance broker, announced the acquisition of Tower SpA, a Vicenza, Italy-based specialist insurance broker and...
 

MGA Pen Underwriting Forms 2 New Capacity Deals With QBE Worth £300M

Pen Underwriting announced two new long-term UK capacity deals with QBE in the highly specialist areas of public authority and higher...
 

People Moves: Marsh Promotes Payne to UK Chair of FINPRO; WTW Hires Smith From Lloyd's for Digital Trading; Aon Bolsters UK Operations' Team With 2 Hires

This edition of International People Moves details appointments at Marsh, Willis Towers Watson (WTW) and Aon. A summary of these new...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

One Simple Word

Help It's a simple but profound word. It indicates that you recognize that there is something in your path that exceeds your skills,...
 

Is Coverage Possible When You Accidentally Burn Down Your House?

In the category of you can't make this stuff up, a December article on Insurance Journal caught my eye, especially when a coworker asked...
 

Supply Chain Shortages and the Insurance Industry

This post is part of a series sponsored by AgentSync. Supply chain isn't a topic that sees the headlines a whole lot. That is, unless...
 
More Blogs »
 
 

Research and Webinars

 
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...
 
research

When the Pace of Change Accelerates - Be Prepared to Change or Get Left Behind

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

The Connected Insurance Agent Advantage

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

Agent Involvement Makes a Difference During Disaster

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals.  Playing a role in your...
 
More research and webinars »
 
 

Insurance Journal TV

 
adv

EP. 40: EPL Challenges for Cannabis Include High Turnover

Employment practices liability is tough across pretty much all industries. As cannabis...
 
adv

EP. 39: Expert Says Cannabis Insurance Rates for Cyber, EPL, Property to Rise in 2022

A survey of 200-plus cannabis insurance-focused professionals at one of the largest brokers in...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
Contact us | Subscribe | Send to a Friend
 
This email was sent to newsletter@newslettercollector.com.
 
Don't want this anymore? Update your subscription or unsubscribe from all lists.
 
Insurance Journal
3570 Camino del Rio North, Suite 100
San Diego, CA 92108
(800) 897-9965
Insurance Journal | Claims Journal | MyNewMarkets | Academy Of Insurance | Carrier Management