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Today's Headlines

 
June 9, 2022
 
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National

 

Liberty Mutual Chairman and CEO Long to Retire; Sweeney Named Successor

Liberty Mutual Insurance said David H. Long, CEO since 2011 and a nearly 40-year veteran of the company, will retire at the end of the...
 

Howden Group to Acquire TigerRisk Partners to Create 'Much-Needed' Fourth Reinsurance Broker

Howden Group Holdings said it has created the "much-needed fourth global player in the reinsurance market" with an announcement it has...
 

Insurance Bundler Branch Raises $147M, Touts Unicorn Status

Columbus, Ohio-based auto and home insurer Branch reported a $147 million Series C funding, which it says brings its valuation to $1.05...
 

Alleghany Stockholders Approve Sale to Buffett's Berkshire Hathaway

Alleghany Corp. on June 9 said its stockholders approved and adopted Berkshire Hathaway's offer to buy the company for $11.6 billion. "We...
 

Workers Compensation Catastrophes: Past, Present, and Future

This content originally appeared on NCCI's Insights page. It is used here with permission. Catastrophes in insurance are generally...
 

Hurricane Chief to Take Over as Weather Service Director

A meteorologist who oversaw warnings and forecasts during one of the busiest spurts of Atlantic hurricane activity on record will take...
 

FTC Says $1 Billion Lost in Cryptocurrency Scams Since 2021

According to a report from the FTC, over 46,000 people lost over $1 billion in cryptocurrency from scams since the start of 2021. The...
 

Nursing Malpractice Coverage Brings Peace of Mind

Health care is a highly complex and ever-changing environment that can lend itself to high-risk, and life-threating, situations. Healthcare...
 

Overall Market Not Seeing True Hard Market Returns on Capital

U.S. property/casualty insurers represent a source of stability amid the recent tumult of socioeconomic disruption from...
 
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East

 

New Hampshire Allows Exception to Workers' Compensation 'Coming and Going' Rule

A worker who was injured in a car accident when he was traveling home from his job site in the middle, rather than the end, of the...
 

Pennsylvania Audit Finds Issues With 15 of 43 Volunteer Firefighters' Associations

Pennsylvania Auditor General Timothy DeFoor released audit reports for 43 volunteer firefighters' relief associations (VFRAs) in 30...
 

Delaware Lawmakers Fail to Override Governor's Veto of Marijuana Legalization

A bid to override Democratic Gov. John Carney's veto of a bill legalizing possession of up to one ounce of marijuana by adults for...
 
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Midwest

 

Family of Michigan Jail Inmate Who Died Settles Suit For $2.4 Million

A Detroit-area county and a health care provider have agreed to a $2.45 million settlement with the family of a man who died while in...
 

Climate-Driven Flooding Poses Well Water Contamination Risks in Midwest

After a record-setting Midwestern rainstorm that damaged thousands of homes and businesses, Stefanie Johnson's farmhouse in...
 

Missouri Judge Throws Out $4 Million Award for Transgender Student

A judge has thrown out a $4.2 million jury award in a lawsuit filed by a transgender student in the Blues Springs School District who was...
 
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Cyber Attack Response
 
Falling victim to a data breach is a costly situation for businesses. This article will focus on how to handle a cyber attack and security breachs.
 
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AmTrust Financial
 
 
 
 

Southeast

 

Insurers, Self-Insureds Now Facing $9B in Black-Lung Liabilities, Milliman Says

The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers' and self-insured companies'...
 

People Moves: New Faces at Hub and at North Carolina Industrial Commission

Hub International, a global insurance broker, has named Mark Bowron senior vice president and chief marketing officer for the Carolinas,...
 

Mother Charged After Florida Toddler Fatally Shoots Father

A 2-year old boy fatally shot his father in an accident after finding a gun, and the boy's mother is now facing criminal charges,...
 
More Southeast News »
 
 

Insurance Jobs

 

Commercial Producer - Partner Insurance Advisors, Inc. - Fairfax, VA

 

Personal Lines Insurance Agent - San Diego, CA (Hybrid or in-office) - B.H. Gold Insurance Agency - San Diego, CA

 

Personal Lines Umbrella Underwriter - Carrier - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Surplus Lines Tax Filings / Compliance - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Business Development Manager - Intact Insurance Specialty Solutions - Atlanta, GA, Chicago, IL, or Remote

 
 
 

South Central

 

Texas Division of Workers' Comp Extends COVID-19 Mandatory Data Call

The Texas Department of Insurance, Division of Workers' Compensation (DWC) said it is extending its mandatory data call for information...
 

Louisiana Man Arrested For Allegedly Selling Fake Insurance Policies

A Louisiana man was arrested June 8 on fraud charges of selling $39,000 in fake insurance policies. The Louisiana State Police Insurance...
 
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West

 

Damage Estimates from Massive New Mexico Wildfire Climb

The destruction caused by the largest wildfire burning in the U.S. has been devastating for thousands of residents and their lives have...
 

Report: Ibuprofen Now Most Heavily Used Drug in California Workers' Comp

New data shows the types of drugs used to treat injured workers in California, and the distribution of payments for those medications,...
 

New Mexico Residents Impacted by Wildfires Could Get Help With Food, Federal Aid

Thousands of New Mexico residents who have been impacted by wildfires this spring may be eligible for temporary food assistance. The...
 
More West News »
 
 

International & Reinsurance

 

Hybrid Work Is Here to Stay for London Staff Who Don't See Return to 5-Day Office Week

The verdict is in: Londoners enjoy and value working from home and don't see a future that includes a return to the old five-day office...
 

Removing Russian Sea Mines Near Key Ukraine Ports Could Take Months: U.N.

Removing sea mines near Ukraine's key ports could take months, and hundreds of seafarers are still stranded in the region following...
 

Investors, Including Allianz and Swiss Re, Urge U.N. to Create Plan for Farm Emissions

Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable and curb...
 

Generali Asset Management Unit Eyes Investments With U.S. Credit, Renewables' Focus

Assicurazioni Generali SpA's asset management unit intends to buy investment firms specialized in U.S. credit markets and renewable...
 

QBE to Open Branch in Netherlands

QBE has announced plans to set up a branch in the Netherlands as part of its European expansion plans. Recruitment is underway to fill a...
 

People Moves: Marsh Promotes Trueba to CEO of Marsh Spain; Markel Int'l Appoints Arch's Dressler as Head of Warranty and Indemnity

This edition of International People Moves details appointments at Marsh Spain and Markel International. A summary of these new...
 
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Insurance Journal Blogs and Columns

 

2 Hurricane Season Tips

June 1 marks the beginning of the most insurance-y time of the year. It's the beginning of the annual Atlantic Hurricane Season. Oh yes....
 
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Research and Webinars

 
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Behind the Scenes of the Fastest Home & Auto Rollout in Modern Insurance History

Branch Insurance expanded into 14 states in just 1 year. Tune in live on June 22 at 10am Pacific for a behind-the-scenes look at...
 
research

5 Ways Predictive Analytics Helps Insurers Grow

The insurance industry faces many headwinds in the coming year. Learn how AI / predictive analytics can insulate your insurance...
 
research

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...
 
research

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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Future-Proof Best Practices for Workforce and Safety Training

When it comes to safety and compliance a comprehensive training program is a must. We have gathered data across industries to...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 48: Growing Cannabis Lounge Buzz Across U.S. Cities Calling to Insurers

Several insurance professionals who specialize in cannabis are getting more calls about...
 
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EP. 37: Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive

As the InsurTech industry approaches the next wave of innovation, experts say this could mean...
 
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