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Today's Headlines

 
March 28, 2022
 
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National

 

Goldman Sachs Vows to Push Directors for More Climate Disclosure

Goldman Sachs' big asset-management arm will take a harder line in voting on directors at companies that do not disclose enough about...
 

How Big U.S. Companies Are Creating a Brand New Abortion Employee Benefit

The roar of anti-abortion laws sweeping through U.S. state houses is echoing loudly in human resources offices. Companies that have...
 

Big Tech Blackout Set to Be Averted With EU-U.S. Data Pact

The European Union and U.S. broke the deadlock on a new data-transfer pact, potentially avoiding a doomsday scenario for tech giants such...
 

U.S. Boosts Fines for Automakers Not Meeting Fuel Economy Rules in Tesla Win

The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose...
 

Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M

Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech's total...
 

Markets/Coverages: Falvey's Cyber Cover for Cargo; PHLY's New Commercial Line; CoverEase's Workers' Comp; Mile Auto's Telematics

Falvey Cargo Underwriting Offers Cyber for Cargo Falvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to...
 

Transactional Liability Insurance: Why Management Liability Isn't Enough in Today's M&A World

After a slight Covid-19 related dip in 2020, M&A activity has reached unprecedented levels with 2021 being the busiest year on record,...
 

How Car, Home Inflation Is Driving Up Loss Costs for Insurers

The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5%...
 

Why Black Women Are Key to Leveraging Intersectionality in Insurance

Despite the years of heightened focus on race and gender, the insurance industry is lagging to rid itself of its legacy...
 
More National News »
 
 
 
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East

 

Construction Worker Killed in Collapse of Boston Parking Garage Under Demolition

A portion of a downtown Boston parking garage that was being demolished collapsed Saturday evening, killing a construction worker,...
 

Court Dismisses Washington Post Reporter's Discrimination Lawsuit

District of Columbia judge has dismissed a lawsuit filed by a Washington Post politics reporter who said the newspaper discriminated...
 

Disabled Kids Allowed to Seek Modification of Virginia Mask Rule for Schools

A federal judge has ruled that an executive order and new Virginia law allowing parents to opt their children out of classroom COVID-19...
 

Judge Upholds $2M Verdict in Boston Police Gender Discrimination Suit

A federal judge has upheld the verdict that awarded a high-ranking Boston police detective $2 million after she accused her former boss...
 
More East News »
 
 
 
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Midwest

 

Bird Flu Prompts Nebraska Officials to Cancel Poultry Events

Bird flu continues to spread across the state prompting Nebraska agriculture officials to ban all auctions and fair events involving...
 

North Dakota Insurance Department Names New Exam Vendor

The North Dakota Insurance Department has announced a new vendor for producers license examinations. PSI Services LLC will conduct the...
 

Jury Awards $97 Million to Family of Iowa Boy Injured at Birth

The family of a boy whose brain was severely injured during birth at an Iowa City hospital has been awarded $97.4 million _ believed to...
 
More Midwest News »
 
 
 
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Southeast

 

Investigators, Family Looking for Answers After Teen Fell from Florida Thrill Ride

State officials and the amusement ride company are investigating how a 14-year-old fell to his death from a free-fall amusement park ride...
 

Former Tennessee Nurse Convicted of Homicide in Medication Error

A former Vanderbilt University Medical Center nurse has been found guilty of criminally negligent homicide in the death of a patient who...
 

Demotech Joins Call for Florida Special Session; AM Best Downgrades Farm Bureau

The Demotech rating agency has joined the relatively small number of voices calling for a special session of the Florida Legislature to...
 
More Southeast News »
 
 
 
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South Central

 

Officials: Tornado Was New Orleans Area's 2nd Strongest Ever

A tornado that killed a man near New Orleans this week was the metro area's second strongest on record and left an 11.5-mile track...
 

Louisiana Court: Protest Leader Can be Sued For Cop's Injury

A Louisiana police officer injured when violence broke out over the police killing of a Black man in Baton Rouge in 2016 has grounds to...
 

4 Companies Cited for Louisiana Chemical Plant Explosion

Federal labor regulators have cited four employers for safety violations related to an explosion that injured workers at a Louisiana...
 

Suit Alleges Racial Profiling in 2021 Louisiana Traffic Stop

Two Black men claim in a new federal lawsuit that they were subjected to an illegal, racially motivated and humiliating traffic stop and...
 
More South Central News »
 
 

Insurance Jobs

 

Loss Control Specialist - Nationwide Insurance - New England States

 

Agency Marketing Services Specialist - Breckenridge Insurance - Remote

 

Insurance Sales Agent - Liberty Mutual Insurance - New York

 

Business Development Manager - Liberty Mutual Insurance - New York

 

Insurance Journal Reporter/Editor - Insurance Journal - Remote

 
 
 

West

 

Firefighters Increase Containment on Colorado Wildfire

A wildfire south of Boulder that forced nearly 20,000 people to flee was listed at 35% contained by Sunday afternoon and most evacuations...
 

ALKEME Acquires Pauli-Shaw Insurance Agency in California

ALKEME acquired Pauli-Shaw Insurance Agency in Arcata, California. Pauli-Shaw specializes in hospitality, transportation, construction,...
 

Jury Awards $14M in Damages to Colorado Protesters

Jurors found police used excessive force against protesters, violating their constitutional rights, during demonstrations over the...
 

Report: Sharp Drop in California Workers' Comp Independent Medical Reviews

A report from the California Workers' Compensation Institute on the state's independent medical review process used to resolve workers'...
 

Nevada Casino to Pay $8M For Serving Chemicals Instead of Beer

A jury in Las Vegas has awarded $8 million to a middle school special education teacher who sued after being permanently injured when he...
 
More West News »
 
 

International & Reinsurance

 

Generali Fires CEO Donnet's Internal Rival as Power Struggle Continues

Generali has fired executive Luciano Cirina, who is challenging incumbent Philippe Donnet for the role of chief executive, with immediate...
 

Analysis - Aircraft Lessors Lose Hope of Getting Back Russian Planes Worth $10B

As the clock runs down to Monday's sanctions deadline for Russian airlines to hand back more than 400 leased planes worth almost $10...
 

France's AXA Stops Re/insuring Russian Insurers, Assets

French insurer AXA said on Friday that it has stopped all new investments in Russian assets and would no longer underwrite reinsurance of...
 

Some Credit Suisse Investors Do Not Want to Absolve Execs for Greensill Losses: FT

Some shareholders in Credit Suisse do not want the bank to hold a vote in the annual meeting on absolving senior executives from losses...
 

China Examines 2 Black Boxes of Crashed China Eastern Jet as Investigation Continues

After finding two black boxes from a crashed China Eastern jet, recovery crews are looking for more airplane debris, nearby video footage...
 

Trade Credit Insurer Euler Hermes Rebrands as Allianz Trade

Euler Hermes, the world leader in trade credit insurance, has rebranded as Allianz Trade. The company described the name change as a...
 

March 2021 Floods in New South Wales, Queensland Cost Insurers A$688M: PERILS

PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has disclosed its fourth and...
 
More International & Reinsurance News »
 
 
 
 
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Insurance Journal Blogs and Columns

 

That's A Hard No

That's a hard no. I like that phrase. Simple. Direct. Expresses exactly what I mean. Sometimes it's just no. No negotiation. No...
 
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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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4 Agents Share Success Moving Out of Their Comfort Zones

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

Beyond Burnout-Redefining a New Era in the Work Place

In a new report, Beyond Burnout—Redefining a New Era in the Work Place, Cake & Arrow gets to the heart of how people's...
 
research

Minimize Compliance Costs with Automation

Wasting time on repetitive producer management tasks is limiting your ability to grow quickly. Read this whitepaper from...
 
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The 5 Critical Things You Need to Know about Growing Your Agency

Want to experience real growth at your agency? You might need to reconsider where you are focusing your attention. Some agents...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 44: Legal Expert Warning Obscure Law Could Cause Problems if Cannabis is Legalized

If Congress ever gets around to legalizing cannabis, the process of revoking federal...
 
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EP. 33: War in Ukraine Renews Questions Around Likelihood, Insurability of Cyber War

Since Russia launched a full-scale military invasion of Ukraine on February 24, questions have...
 
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