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July 28, 2022
 
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National

 

Lemonade Closes Deal for Auto Insurer Metromile

Digital insurer Lemonade said it has closed of the acquisition of pay-per-mile car insurance provider Metromile in an all-stock...
 

Chubb Increases Loss Cost Trends 'Rather Than Be Lagging and Get Caught': Greenberg

Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to "keep pace with loss costs, which...
 

Global Natural Disasters Cost Insurers $34 Billion in H1 2022: Munich Re

Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than half of the...
 

Allergan Poised to Pay More Than $2 Billion in Opioid Settlement

AbbVie Inc.'s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed by state and...
 

Judge Questions 3M's Use of Bankruptcy to Fight Veterans' Suits

The federal judge administering more than 230,000 lawsuits against 3M Co. questioned whether the industrial giant acted in good faith...
 

Applied Underwriters Debuts Entertainment & Sports Division

Steve Menzies, chairman of Applied Underwriters, announced the formation of Applied Entertainment & Sports, a new division of the company...
 

Tech Arms Race Favors Giant Commercial Carriers

Midway through a recent interview, the leader of a key business at The Hartford paused to ask a question relevant to...
 
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East

 

Massachusetts Bans Hairstyle Discrimination at School, Work

Legislation to ban discrimination based on natural and protective hairstyles -- such as Afros, cornrows or tightly coiled twists -- in...
 

Hilb Group Acquires King and Cushman Agency in Massachusetts

The Hilb Group has acquired Massachusetts-based King and Cushman Agency, further expanding the company's presence throughout New England....
 

New Hampshire Joins States Suing Pharmacies Over Role in Opioid Epidemic

The state of New Hampshire sued pharmacy chains Tuesday, becoming the latest government entity seeking to hold them accountable for...
 

AmTrust Title Agrees to Pay $1.25M to New York State Over 'No-Poach' Agreements

A title insurer and its agency have agreed to pay $1.25 million in penalties for engaging in "no-poach" agreements with their competitors...
 

Maryland Man Died When Hit on Road After Lyft Driver Ordered Him Out of Car: Police

A Maryland man has died after police say his Lyft driver ordered him out of the car in the middle of a Delaware highway. Delaware State...
 
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Midwest

 

PCF Insurance Acquires Zinc Insurance in Ohio

PCF Insurance Services acquired Zinc Insurance in Solon, Ohio. Zinc specializes in insurance and risk management services for the...
 

Medical Helicopter in Ohio Crashed on Way to Fatal Accident

A medical helicopter responding to the scene of a fatal accident in southwestern Ohio crashed this week when it hit power lines, but no...
 
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Insurance Jobs

 

Product Manager/ Senior Product Manager - WCF Insurance - Sandy, Utah

 

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Southeast

 

Insureds Can't Block Repairs Then Sue Insurer, Florida Appeals Court Agrees

Insureds cannot recover damages from the insurance company if they failed to comply with the policy and allow the insurer to make the...
 

United P&C Completes Florida Restructuring Amid Catastrophe Losses

United Insurance Holdings, parent of United Property & Casualty Insurance, said it has completed most of its major reorganization plan,...
 

OSHA Investigating After Construction Worker Electrocuted at Charlotte Airport

A construction worker at a North Carolina airport was electrocuted, according to a California-based company for whom he worked. The...
 
More Southeast News »
 
 

South Central

 

Trial Begins in Alex Jones' Sandy Hook Damages Lawsuit

Conspiracy theorist Alex Jones repeatedly "lied and attacked the parents of murdered children" when he told his Infowars audience that...
 

Neighbors Complained About Grass Before Texas Fire Disaster

Neighbors of an open field from which a grass fire spread into their suburban Dallas subdivision, destroying nine homes, had complained...
 

People Moves: RSL Insurance in Texas Adds Colville; FIRST Names Riolo Relationship Manager

Houston, Texas-based RSL Insurance added Ryan Colville as an insurance advisor on the commercial business team. Colville will serve the...
 
More South Central News »
 
 

West

 

Family of 14 Girl Shot By Los Angeles Police Files Lawsuit

The parents of a 14-year-old girl killed by Los Angeles police in a clothing store last year have filed a lawsuit against the department...
 

Potential Class-Action Suit Says Washington Healthcare Provider Failed to Provide Interpreters

Providence St. Joseph Health, the largest healthcare system in Washington state, failed to provide in-person American Sign Language...
 

California City Paying $1.5M to Fired Police Chief After Verdict

The Oakland City Council approved a $1.5 million payout for a former police chief who won her whistleblower claim against the city after...
 

Report: California Workers' Comp Written Premium Down in 2021

Written premium for 2021 was 1.4% below that for 2020 and is the lowest since 2012, a new report shows. The Workers' Compensation...
 
More West News »
 
 

International & Reinsurance

 

EU Mulls New Unit With Antitrust Veterans to Enforce Tech Rules

The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new...
 

Global Natural Disasters Cost Insurers $34 Billion in H1 2022: Munich Re

Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than half of the...
 

Greensill Capital Sued by 277 Former Employees Over Firm's Collapse, Job Losses

A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the dark about...
 

Reuters: EU Finds Evidence Employees' Smartphones Compromised by Spyware

The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company's spy software, the...
 

Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters

Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in Brazil. The H1...
 

G7 Countries Aim to Have Price Cap on Russia Oil Before Dec. 5, When Sanctions Kick In

The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union...
 
More International & Reinsurance News »
 
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

Is the labor shortage negatively impacting your small business clients?

This post is part of a series sponsored by SWBC. While the economy is creeping closer to a recession, employers are still neck deep in...
 
More Blogs »
 
 

Research and Webinars

 
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Biometric Authentication Explained

In a digital world, how can you be sure that someone is who they say they are? Or that they even exist at all? This book from...
 
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The Power of a Network Partnership for Independent Agents

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to...
 
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Reducing Commercial Auto Risk Exposure for Incomplete Trucks via Accurate Data & Automation

It's likely that 65% of commercial trucks on your books are undervalued. Fortunately, insurtech can easily fix this by combining...
 
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Three Visions for Empowering Independent Agents

During the pandemic, Cake & Arrow conducted qualitative research with hundreds of gig workers and small business owners to...
 
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Around the World: Insurance, Climate Change, Disclosures, and Risk

Tune in Thursday, July 14th at 10am PT / 1pm ET for an expert panel discussion hosted by Insurance Journal. Here's what we'll...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 53: Why Most Small-to Mid-Size Cannabis Operators Shun D&O

Since cannabis insurance became a thing, directors & officers insurance has been pricey and...
 
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EP. 52: Cannabis Business Plaintiff's Attorney on Miscues That Should Get Insurers' Attention

Michael Sampson may not have a rabid fanbase among insurers and insurance attorneys, but his...
 
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