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Today's Headlines

 
February 24, 2022
 
Today's Headline Sponsor: NSM Insurance Group
 
 
 
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National

 

Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years

The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis...
 

Tesla's Many Dockets of Litigation Keep Lawyers and Judges Busy

Elon Musk generates a near-constant barrage of news headlines because of his tweets. It's a lot to keep up with. Last week, he posted a...
 

U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021

Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021...
 

Applied Underwriters to Buy Catlin Specialty From AXA XL

Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it will...
 

Pandemic Brought Surge in Illegal Street Racing Across U.S.

Jaye Sanford, a 52-year-old mother of two, was driving home in suburban Atlanta on Nov. 21 when a man in a Dodge Challenger muscle car...
 

People Moves: Beazley Cyber Adds Chubb's Cohen, Promotes Larson; Scheurle Leads Burns & Wilcox's Cannabis; Parametrix Hires Hiscox's Wong

Beazley Hires Two for Cyber Services Insurer Beazley announced two senior leadership hires to its global Cyber Services team. Russ Cohen...
 

Sponsored: Insurtechs – Three Considerations When Implementing Self-Service Claims

Over the past year, online client demand has maintained a steep upward climb. Due to the pandemic, cloud and integrated technology capabilities have been expanded to support ...
 

How to Drive Down Workers Comp Claims

As we begin a new year, there's a new way to think about workers comp insurance--a way that goes beyond providing a...
 
More National News »
 
 
 
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Featured Events

 
Future of Insurance USA 2022

Future of Insurance USA 2022

June 14 / Chicago, IL
 
 
 

East

 

Pennsylvania Adopts Exception to Ban on an Insurer Subrogating Against an Insured

The Pennsylvania Supreme Court has sided with an insurer seeking subrogation for payments it made to an injured worker before it was...
 

Accuser Seeks Trump's DNA, Not Deposition, in Defamation Suit

A lawyer for a woman who accused former President Donald Trump of raping her in the mid-1990s and then filed a defamation lawsuit against...
 

New Hampshire Reaches $25M Deal With Monsanto Over PCB Pollution

New Hampshire has reached a $25 million settlement with agrochemical giant Monsanto over what the state says has been widespread PCB...
 

Delaware Poultry Farm With 1.2 Million Birds Hit by Lethal Flu

A commercial poultry farm in Delaware with 1.2 million birds has been hit by a highly lethal form of bird flu, the state said on...
 
More East News »
 
 
 
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Midwest

 

Indiana Man Killed in Industrial Door Accident

A man killed after getting caught in an industrial door at a western Indiana steel plant has been identified, a sheriff said. Jeffrey...
 

Wisconsin Assembly Passes Bill Protecting Gun Makers From Lawsuits

The Wisconsin Assembly passed a Republican-authored bill that would limit gun and ammunition manufacturers' legal liability, a move that...
 

Eye Care Network Settles $67K Disability Discrimination Suit

Blue Sky Vision, L.L.C., a management services organ­ization that provides support to eye care providers, will pay $67,590 and provide...
 

Verisk Acquires Illinois' Infutor

Verisk, the global data analytics provider, has acquired Infutor, a provider of identity resolution and consumer intelligence data....
 
More Midwest News »
 
 
 
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Five Step Plan to Insurance Learning
 
We developed a five step plan to move your insurance learning adventure forward. All without spending days in the classroom, or reading page after page.
 
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Southeast

 

Insurers for Law Firm, Engineers in Collapsed Condo Settle with Victims' Families

Insurers for an engineering firm overseeing major repairs at the collapsed Surfside condominium and for a law firm that advised the condo...
 

Florida House Committee Gives Nod to Surplus, Citizens, Fraud Bills

The Florida House of Representatives' Commerce Committee passed no fewer than five bills Wednesday that could affect property and...
 

West Virginia High Court Says Email from Lawyer Enough to Settle Allstate Dispute

A lawyer's email and voice mail were enough to settle a claim dispute and bar further litigation, despite a petitioner's contention that...
 

Florida Senate Committee Advances Condo Inspection Bill

A Florida Senate committee wasted little time Wednesday in approving a bill that would require more frequent inspections of condominiums...
 
More Southeast News »
 
 
 
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A Podcast for Independent Agents
 
Ep 5: What Agents & Carriers can do to Create a Vibrant Independent Agency System that is Prepared for the Future — w/ Tyler Asher of Liberty Mutual & Safeco Ins.
 
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South Central

 

Dallas Firefighters File $100M Suit For Apartment Gas Explosion Injuries

Three Dallas firefighters severely injured from an apartment natural gas explosion are suing the apartment complex owner and the...
 

Texas MGA Sensa to Debut Personal Auto Insurance Offering

Austin Texas-based MGA Sensa has partnered with Incline P&C Group to provide their personal auto insurance offering. Sensa will act as an...
 

2 of 19 Austin Officers Charged Were Involved in Settled Cases

Two of the 19 Austin police officers indicted for their actions during 2020 protests over racial injustice were involved in cases that...
 
More South Central News »
 
 
 
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Since 1997, TAGA offers you multiple A rated markets to provide you and insureds with the best coverage in Texas at the best premiums.
 
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West

 

Explosion Causes Fire at Oregon Potato Chip Plant

A boiler explosion at a potato chip plant south of Hermiston, Oregon, sparked a dramatic fire Tuesday afternoon. The Tri-City Herald...
 

People Moves: California FAIR Plan Makes Roach President; Wood Named Washington Chief Deputy Commissioner

Victoria Roach has been appointed by the California FAIR Plan's executive committee to serve as the association's next president. Roach...
 

Couple's Family Sues Over Fatal Montana Amtrak Derailment

The family of a couple who were on a trip celebrating their 50th wedding anniversary when they died in an Amtrak train derailment in...
 
More West News »
 
 

Insurance Jobs

 

Horace Mann Exclusive Agent - Horace Mann Educators Corporation - MIddletown, DE

 

Loss Control Consultant - MountainCreek Solutions - Central and Eastern, US

 

Insurance Specialist - Utopia Management & Insurance Services, Inc. - San Diego CA

 

Senior Program Underwriter - VGM Group, Inc. - Waterloo, Iowa

 

Underwriter - VGM Group, Inc. - Waterloo, Iowa

 
 
 

International & Reinsurance

 

Update: Ukraine Closes Airspace to Civilian Flights as Russian Military Action Begins

Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its neighbor, while...
 

Startup MGA Rising Edge Targets Low-Layer D&O Business

The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent in...
 

Extreme Wildfires Expected to Increase 30% by 2050

Indonesia's peatlands, California's forests, and, now, vast swathes of Argentine wetland have all been ravaged by extreme wildfires,...
 

Nigeria Accuses JPMorgan of Ignoring Red Flags for Fraud, Seeks Damages of $1.7B

Nigeria alleged JPMorgan Chase & Co. ignored "overwhelming" evidence of fraud and stark warnings from its own compliance staff as it...
 

Brazilian Hospital Chain Rede D'or Acquires Insurer SulAmerica for $2.6 Billion

Rede D'or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal combining...
 

AXA Doubles 2021 Net Income to €7.29 Billion

AXA reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims...
 

Swiss Re Corporate Solutions to Open New Canada Branch as Part of N. America Restructuring

Swiss Re Corporate Solutions announced it has filed an application with regulators to establish a new Canadian branch of North American...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
research

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...
 
research

Risk Management Checklist: Are you helping your clients navigate their critical areas of risk?

Use this tool to keep track of all the areas of risk your clients might be exposed to and ensure you're helping cover them all....
 
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

Three Keys to Differentiating Your Brokerage

In an increasingly crowded and commoditized market, brokers are faced with minimal customer loyalty and look to differentiate...
 
research

Real Stories of Success from Agents Making Change

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

Insurance Journal TV

 
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EP. 42: Cannabis Supply Chain Risks Worth Tripping Over

Everyone knows about supply chain management nowadays thanks to the pandemic, with shelves...
 
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EP. 31: More Than a Conversation: Cyber, Insurance Pros Say Building Diversity Means Taking Action

The cybersecurity and insurance industries have been talking about prioritizing diversity,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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