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Today's Headlines

 
July 8, 2021
 
Today's Headline Sponsor: First Mid Agency Finance
 
 
 
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National

 

Biden Under Pressure to Counter Growing Ransomware Threat

President Joe Biden on Wednesday discussed the possibility of responding to a spate of ransomware attacks against U.S. entities that are...
 

Tropical Storm Elsa to Head into Northeast and New England After Drenching Southeast

Tropical Storm Elsa, which made landfall in Florida yesterday, is dousing the Carolinas and Georgia today and is on track to hit the...
 

How Russian Military Uses 'Brute Force' to Hack U.S. Government, Companies

U.S. and British agencies disclosed last week details of "brute force" methods they say have been used by Russian intelligence to try to...
 

Does It Ever Make Sense for Firms to Pay Ransomware Criminals?

The global insurance company AXA announced in May it will stop writing cyber insurance coverage in France that reimburses customers for...
 

Key States Agree to Purdue Pharma's Opioid Deal With Sacklers Paying More

Purdue Pharma LP won the support of more than a dozen states that had opposed its $4.5 billion bankruptcy plan after members of the...
 

Trump Lawsuits Allege Social Media Firms Violate Free Speech Rights

Former U.S. President Donald Trump on Wednesday filed lawsuits against Twitter Inc,. Facebook Inc., and Alphabet Inc.'s Google, as well...
 

Leadership As Usual Or More Authentically

Can you believe it? We're into year two of the most surreal, pandemonius experience of our lives. At least now there's...
 
More National News »
 
 
 
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East

 

Two Injured When Connecticut Ice Cream Shop Ceiling Collapses

Two people were injured when the ceiling of a Connecticut ice cream shop collapsed, authorities said. A portion of the ceiling inside...
 

Crane Collapse in Philadelphia Kills a Man, Injures Another

A massive construction drill toppled over and crushed a man to death Tuesday night in Philadelphia, police said. Firefighters and police...
 

Virginia Man Charged with Arson After String of Suspicious Fires

Officials have charged a man with one count of arson after a string of suspicious fires in Norfolk, Virginia. News outlets report that...
 
More East News »
 
 

Insurance Jobs

 

Reinsurance Specialist - Department of Financial Services - NYC, NY

 

Insurance Agency Bookkeeper - Work At Home Vintage Experts - Remote

 

Statutory Consultant - SS&C Technologies, Inc. - Remote

 

Insurance Sales Representative - Brightway Insurance - Jacksonville, Florida (remote applicants in Florida and Georgia may be considered)

 

Commercial Insurance Sales Executive or Producer Trainee - Landscape Contractors Insurance Services, Inc. - California

 
 
 

Midwest

 

Opinion: New Missouri Legislation Protects Insurers from Unreasonable Arbitration Awards and Findings

Missouri recently enacted legislation that prohibits a claimant, tortfeasor, or any other party from using an arbitration award against...
 

Iowa Regulator Halts Amusement Ride After Accident Kills Boy

A regulator has ordered an Iowa amusement park not to restart a popular boat ride pending an investigation into an accident that killed...
 

Michigan's Top Court Eyeing Liability in Snowmobile Crashes

The Michigan Supreme Court is looking at a pair of cases that involve possible liability against the state in crashes involving...
 
More Midwest News »
 
 

Southeast

 

Weakened Tropical Storm Elsa Mostly Spares Southeast as it Moves Through Carolinas

Tropical Storm Elsa was moving steadily through the Carolinas into the mid-Atlantic region by mid-Thursday, having mostly spared the...
 

Search For Survivors at Surfside Condo Collapse Site Called Off

The search for victims of the collapse of a Miami-area high-rise condominium reached its 14th day on Wednesday July 7, as workers...
 

Kentucky Extends Deadline For Federal Storm Relief

The deadline for Kentuckians impacted by severe storms earlier this year to register for federal assistance has been extended. The...
 

Tropical Storm Elsa Weakens Over Northern Florida

Tropical Storm Elsa was weakening as it traveled over northern Florida, the National Hurricane Center said. The storm was about 105 miles...
 
More Southeast News »
 
 

South Central

 

Hub Acquires Operating Subsidiaries of Trusted Capital Group in Texas

HUB International Ltd. has acquired the operating subsidiaries of TCG Group Holdings LLP, doing business as Trusted Capital Group. Terms...
 

Texas Water Development Board OKs $41M for Water, Flood Projects

The Texas Water Development Board on Wednesday approved $41.5 million for water, wastewater, and flood projects. Following is a breakdown...
 
More South Central News »
 
 
 
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West

 

Washington Governor Declares Wildfire State of Emergency, Burn Ban

Gov. Jay Inslee this week declared a state of emergency throughout Washington relating to the growing risk of wildfires, including a...
 

Oregon Farm Where Worker Died Earlier Cited for Safety Violations

A farm and a labor contractor under investigation by Oregon's workplace safety agency after the death of a farmworker Saturday were both...
 

Drought Emergency Declared in 15 More Montana Counties

The U.S. Department of Agriculture has declared a drought disaster in 15 additional Montana counties, bringing the number of counties in...
 

California Drivers Charged After Text Messages Detail Alleged Fraud Scheme

Maricela Pantjoa Vidrio, 31, of Fairfield, Calif., and Areshma Kiran, 35, of Sacramento, Calif., were charged on multiple felony counts...
 

Record Closed on California Workers' Comp Pure Premium Rate Filing

The Workers' Compensation Insurance Rating Bureau of California wrapped up testimony on Wednesday at a California Department of Insurance...
 

Washington Commissioner Wants Auto Claims, Rebate Data from Insurers

Washington Insurance Commissioner Mike Kreidler issued a data call of 124 auto insurance companies for recent rebates given to...
 
More West News »
 
 

International & Reinsurance

 

Does It Ever Make Sense for Firms to Pay Ransomware Criminals?

The global insurance company AXA announced in May it will stop writing cyber insurance coverage in France that reimburses customers for...
 

German Consumer Group Files Lawsuit Against Daimler over Diesel Emissions Scandal

Germany's largest consumer protection group filed a lawsuit on Wednesday against car maker Daimler that it said would make it easier for...
 

VW to Appeal Italy Court Decision Ordering $236M Payment in Dieselgate Class Action

Volkswagen said on Thursday it would appeal against a decision by an Italian court ordering the German group to refund consumers...
 

EU Fines VW, BMW $1B for Colluding to Curb Use of Emissions Cleansing Technology

BRUSSELS - The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday for...
 

SiriusPoint Launches Specialty MGA Banyan Risk, Focusing on D&O Insurance

SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the launch of Banyan Risk Ltd., a managing general agent...
 

UK's Pool Re Launches Advisory Group to Develop Public-Private Solutions for Systemic Risks

Pool Re, Britain's leading terrorism reinsurer, announced the launch of "Re:New," an advisory group that will explore how to protect the...
 

People Moves: Chubb's Thanduparakkal to Hiscox, SCOR's Prabis to Hiscox ILS; Tokio Marine HCC Int'l Hires 3 for Professional Risks

These International People Moves detail appointments at Hiscox and Hiscox ILS as well as three appointments at Tokio Marine HCC...
 

Forgotten Your Passwords? They Soon May Be Lost Altogether - with Insurers' Help

The most popular password in 2020 was exposed almost 24 million times and took less than a second to crack. While a shocking statistic,...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

Florida Rejects PIP Reform Again

It might be shocking, but not only do I work for the fine people who publish Insurance Journal, but I read Insurance Journal. I'm...
 

Five Ways to Position Workers' Compensation in a COVID-19-impacted World

This post is part of a series sponsored by The Hanover Insurance Group. With prevailing economic pressures widely expected to persist,...
 
More Blogs »
 
 

Research and Webinars

 
research

Beyond Survival: Key Strategies to Thrive as an Independent Agent

We surveyed and interviewed independent agents from across the United States to understand the hurdles they face, the...
 
research

Addressing Professional Liability Risks for CPA Firms

With today's expanding technology and issues surrounding audits, cybersecurity, regulatory & tax reform challenges as well...
 
research

Is your agency using predictive analytics to anticipate client needs?

Data and analytics are transforming the insurance industry, and independent agencies have the perfect opportunity to transform...
 
research

Risk Management Checklist

Businesses choose to work with brokerage firms that make them smarter, protect them from risk, and generally, make life easier....
 
research

The Challenges of Insurance for the Cannabis Industry

For brokers to successfully tap into cannabis-related business opportunities and ensure their clients have the right coverage, a...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 27: These Cannabis Questions Must Be Answered in Final Six Months of 2021

At the half-way mark in 2021 as we emerge from the pandemic, one has to wonder what the rest...
 
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EP. 17: Leading by Example: How Insurers Can Manage Cyber Risk Within Their Own Operations

Insurers often advise clients on cyber resilience, however, many in the industry overlook...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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