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July 2, 2020
 
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Thank you to over 1,700 respondents to our survey from across the P/C industry - sharing work experiences during COVID19 and expectations for the future.
 
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National

 

How to Prepare for the Next 'Black-Swan' Event? Lloyd's Has Some Suggestions.

Lloyd's of London is proposing solutions that could provide customers with greater protection against a future wave of the COVID-19 virus...
 

U.S. Supreme Court to Consider Child Slavery Appeals by Nestle, Cargill

The U.S. Supreme Court will decide whether American corporations can be sued for alleged human rights abuses occurring abroad under a...
 

Update: Online Insurer Lemonade Raises $319M During U.S. Stock Market Debut

Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319 million in its...
 

FAA, Boeing Complete Certification Test Flights on 737 MAX, in Key Milestone

The Federal Aviation Administration and Boeing Co have completed certification test flights on the 737 MAX, a key milestone toward the...
 

Novartis Pharmaceuticals Agrees to Pay $678M to Settle Doctor-Bribe Claims

Novartis Pharmaceuticals Corp. agreed to pay $678 million to resolve a whistle-blower case accusing the company of paying kickbacks to...
 

TuSimple Launches Self-Driving Truck Network with Berkshire's McLane, UPS

U.S. technology company TuSimple on Wednesday launched a self-driving freight network with UPS and Berkshire Hathaway Inc. supply chain...
 

Brightway to Offer Agency Franchise Option With $5K Fee, Free Second Unit

Brightway Insurance, a nationwide personal lines insurance agency system, has enhanced its franchise model with an option to join with a...
 
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AM Best: Coronavirus Could Further Stress an Already-Stressed D&O Insurance Market

Players should expect the directors and officers insurance market to "undergo radical changes" based on 2019 results and the "unprecedented...
 
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MGU SageSure: Only 'Hands-Off' Carriers Seeking Coastal Biz Welcomed

SageSure, a managing general underwriter that uses technology to profitably write residential coastal properties for a...
 
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Coming soon: IJ's 2020 Top 100 P/C Agencies
 
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Featured Events

 
ELEKS TechTalk Regulating Innovation: The Moving Target of Insurtech

ELEKS TechTalk Regulating Innovation: The Moving Target of Insurtech

July 16 / Chicago, IL
 
 
 

East

 

Maryland Insurance Commissioner Birrane Sees State as Leader in Tech Innovation

Maryland Insurance Commissioner Kathleen Birrane has been in her new role for nearly two months, and she already has big plans for the...
 

Delaware to Close Bars in Beach Towns Due to Virus Outbreak

Bars in certain Delaware beach towns will close ahead of the Fourth of July holiday to limit the spread of the coronavirus, the state's...
 

M&T Insurance Agency Benefits from Cyber Risk Analytics Platform Through CyberCube

Clients of M&T Insurance Agency Inc. (MTIA), a provider of commercial insurance and risk management solutions that is part of the M&T...
 
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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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Midwest

 

New Indiana State Law Bans Use of Handheld Phone While Driving

Using a handheld cellphone while driving is now illegal on Indiana roads under a new state law that took effect this week. The move aimed...
 

USI Closes Acquisition of Associated Benefits & Risk Consulting

USI Insurance Services (USI), headquartered in Valhalla, N.Y., has completed its acquisition of Associated Benefits & Risk Consulting...
 

Midwest Business Leaders: Area's Economy Improving with Reopening

Business leaders say the economy has begun to recover as businesses reopened in the past month in nine Midwest and Plains states, but it...
 
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Southeast

 

New Florida Laws Address Climate Issues, Require Sea Level Study for Construction

Republican Florida Ron DeSantis signed a slew of environmental bills in less than 24 hours that address issues ranging from sea level...
 

North Carolina to Test All Nursing Home Residents, Workers

All North Carolinians living and working in nursing homes will soon receive a one-time coronavirus test, the state announced Tuesday....
 

Propel Insurance Acquires HealthCare Services of Tennessee

Propel Insurance, a retail insurance agency and a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a risk...
 

Policygenius Adds Google's Garr as VP of P&C Operations in North Carolina

Online insurance marketplace Policygenius has made its first hire for its North Carolina headquarters. Erik Garr, who established Google...
 
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South Central

 

Texas Work Comp Division: Healthcare Providers Indicted for Drug Distribution, Fraud

Three Texas healthcare providers will face trial for conspiracy to distribute controlled substances and mail fraud, according to the...
 

Texas Independent Agents Name Stoffle Account Manager of the Year

The Independent Insurance Agents of Texas (IIAT) has named Karla Stoffle of Upshaw Insurance in Amarillo as Account Manager of the Year....
 

Another One Down: Austin City Limits Music Fest Canceled Amid Virus Surge

Austin City Limits has joined the ranks of major music festivals to be canceled because of the coronavirus. Festival organizers said in a...
 
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West

 

Insurer Group Warns About California Bill Mandating Business Interruption Coverage

The American Property Casualty Insurance Association is opposing legislation that would create a rebuttable presumption that the COVID-19...
 

First Washington Employer Cited for Ignoring Governor's Safe Start Order

A fitness center near Yakima, Wash. is facing nearly $10,000 in fines for operating in violation of Gov. Jay Inslee's Safe Start order....
 

Just Auto in California Secures $5.7M Seed Financing Led by ManchesterStory

Los Angeles, Calif.-based SF Insuretech Inc., the parent company of Just Auto Insurance, on Wednesday announced a $5.7 million seed...
 

California Commissioner Launches Diversity Initiative, Names COIN Board Members

California Insurance Commissioner Ricardo Lara on Wednesday announced the launched an "Invest in Our Diverse Communities" initiative to...
 
More West News »
 
 

International

 

How to Prepare for the Next 'Black-Swan' Event? Lloyd's Has Some Suggestions.

Lloyd's of London is proposing solutions that could provide customers with greater protection against a future wave of the COVID-19 virus...
 

From Enron to Wirecard - Big 4 Accounting Firms Still Face Systemic Problems

Two decades of financial disasters from Enron Inc.'s collapse in 2001 to Wirecard AG's meltdown have left the Big Four accounting firms...
 

Allianz Expects to Be Back on Track with Profit Targets as COVID Crisis Subsides: CEO

Allianz, which is facing headwinds from the coronavirus crisis, expects to be back on track in 2021 barring a second major outbreak or...
 

S. African Insurers Are Pushed to Pay COVID-19 Business Interruption Claims

Virus-related claims from just over 500 small South African firms battling insurers who have rejected them are worth up to 4 billion rand...
 

Sompo Global Risk Solutions Launches Team in London to Serve UK, Europe Markets

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that...
 

Legacy Specialist Compre Signs 2nd Transaction with QBE

Compre, the London-based independent re/insurance legacy specialist, announced it has signed its second legacy transaction with QBE for...
 

AXIS Taps Woolley from GCube as Senior Underwriter, Int'l Construction Team

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of Anna Woolley as a senior...
 
More International News »
 
 
 
adv
 
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.
 
Get the Book
 
Insurance Journal's Academy of Insurance
 
 
 
 
 
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

3 Quick Hurricane Season Tips (Just a Little Late)

So far hurricane season has been uneventful unless you consider the giant Saharan dust cloud that traveled across the Atlantic. That just...
 
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Insurance Journal TV

 
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Cannabis Business Insurance Buyers Say the Darndest Things

Some of those who are getting into cannabis may have experience buying insurance, but...
 
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Do Annual Policies Still Make Sense?

Small businessowners are picking their way through the pandemic. It's a "massive reset"...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

What's the most challenging part?

Posted: Tue Jun 23 -- Speaking solely for myself (of course) - biggest challenges include... - Selling products (personal & commercial lines) that are almost... RNR_Risk
 
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Reader Comments

 

The Future of Work in America Is in the Office: Opinion

Posted: Thu Jun 25 -- Giving employees the ability to telecommute is invaluable, but so too is having a workplace where team members meet regularly to get to know... Joseph S. Harrington, CPCU
 

Potential New 'Pandemic Virus' Has Been Found in Pigs, Warns China Study

Posted: Tue Jun 30 -- Global COVID19 pandemic. Massive lockdowns and quarantines. Economic collapse. George Floyd (and others). Huge political division. Murder... rob
 

Insurer Lemonade Seeks to Raise $286 Million in IPO

Posted: Mon Jun 29 -- They are only writing low risk, low premium, low return policies. I know that market valuation has very little to do with profits, growth... Tiger88
 

Texas Bar Owners Sue Governor Over Recent Shutdown Order

Posted: Tue Jun 30 -- I hope these 30 bar owners win this lawsuit against King Abbott. I wish more bars and restaurants would join in the lawsuit. We have to stop... Paul
 

Exclusive Coronavirus Survey: P/C Insurance Return to 'Normal' Office May Take Time

Posted: Wed Jul 1 -- Farmers Ins could care less in California, we are considered essential and were 'encouraged' to stay in contact with our clients, thru... Bond
 
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