Insurance Journal
 
 

Today's Headlines

 
March 24, 2022
 
Today's Headline Sponsor: NSM Insurance Group
 
 
 
adv
 
The Best Home for Habitational Risks
 
For exclusive access to the hottest habitational insurance program – that meets a broad range of apartment and condo risks – get appointed with HabPro!
 
Get Access
 
NSM Insurance Group
 
 
 
 

National

 

Chubb Must Pay Target for Breached Bank Cards After Court Reversal

In an "extraordinary remedy" of a judgment from a year ago, a federal court judge in Minnesota reversed a decision that Target Corp. was...
 

Teen Suspected by Cyber Researchers of Being Lapsus$ Mastermind

Cybersecurity researchers investigating a string of hacks against technology companies, including Microsoft Corp. and Nvidia Corp., have...
 

SEC Claims Authority to Subpoena Elon Musk About Tweets

U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his tweets, and that Musk's move to...
 

FDA Details Problems at Plant Behind Recalled Baby Formula

Baby formula maker Abbott failed to maintain sanitary conditions and procedures at the Michigan manufacturing plant recently linked to a...
 

People Moves: Godhwani, Bresnahan Assume New Top Posts at BHSI; Big I's Flannagan to Retire; Aon Names Merlo as Claims Leader

Berkshire Hathaway Specialty Insurance Names Top Leaders Berkshire Hathaway Specialty Insurance (BHSI) announced Sanjay Godhwani has been...
 

Biden's Russia Cyber Warning Befuddles Ill-Prepared Businesses

A day after U.S. President Joe Biden issued a stark warning that a Russian cyberattack "is coming," members of his administration hosted...
 

How Car, Home Inflation Is Driving Up Loss Costs for Insurers

The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5%...
 

How Data-Rich Telematics Is Accelerating the Future of Auto Insurance

Auto insurance pricing is complex, challenging carriers to deliver competitive rates that effectively balance risk with...
 
More National News »
 
 
 
adv
 
Protect your Salon and Spa accounts
 
We provide commercial coverage for Salons, Day Spas, Nail Salons, Barber Shops, Electrologists and Beauty Schools. Get "personal" with Salon and Spa insurance.
 
Request a quote
 
SASSI from Brownyard Group
 
 
 
 

East

 

Court Denies Insurer Use of Multiple Exclusions to Dodge Defending Insured

Everest Indemnity Insurance Co. is on the hook to defend an insured alleged to have improperly installed a fire suppression system under...
 

Hillb Group Acquires New Jersey's E.B. Cohen Insurance

The Hilb Group said it has acquired E.B. Cohen Insurance and Risk Management, expanding the company's presence in the tri-state area....
 

Rhode Island Doctor Faces More Allegations by Labor Department

Federal labor officials are seeking a restraining order to bar a North Providence doctor from retaliating against a former employee who...
 

AM Best Upgrades Subsidiaries of New Jersey Manufacturers Insurance

Rating agency AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit...
 
More East News »
 
 
 
Advertisement
 
adv
 
Your peers are no longer wasting time on payments.
 
Remove all the busy work at the point of sale so you can focus on the important things like growing your agency.
 
Learn More
 
Ascend
 
 
 

Midwest

 

South Dakota Officials Euthanize 85,000 Birds Amid Avian Flu Outbreak

State officials have euthanized 85,000 birds in hopes of containing an avian flu outbreak at two factory farms. South Dakota Public...
 

UMKC Settles With Ex-Professor Fired Amid Business School Scandal

The University of Missouri-Kansas City has agreed to pay a former professor $625,000 to settle a lawsuit he filed after he said he was...
 

Ex-Michigan Governor Must Testify in Flint Water Civil Trial

Former Michigan Gov. Rick Snyder and several other officials must testify in a civil trial involving engineering firms being sued over...
 
More Midwest News »
 
 
 
adv
 
The 5 Keys to Agency Growth
 
Want to experience real growth? You might need to reconsider where you are focusing your attention.
Find out what other agency owners have done right...
 
Watch the Webinar
 
Smart Choice
 
 
 
 

Southeast

 

Citizens: Underwriting Losses, but $81M in Net Income Thanks to Investments

Citizens Property Insurance Corp. directors said Wednesday they continue to worry about the state of the Florida insurance market,...
 

Tornadoes Cause Limited Damage in Alabama, Mississippi

The same severe weather front that destroyed property in Texas and Louisiana also spawned at least six tornadoes in Mississippi and...
 

Lemonade, GIC, Orchid Expand Markets, Offerings in South

Lemonade Squeezes into Tennessee Auto Market Lemonade, an insurtech and property insurance company that has generated quite a bit of buzz...
 

People: Clements to Tenn. Captive Section, Allen to Franklin Street

Tennessee Hires New Captive Assistant Director The Tennessee Department of Commerce and Industry announced it has named Daniel Clements...
 
More Southeast News »
 
 
 
adv
 
THE Podcast for Independent Agents
 
Ep 6: How Independent Agents Can Remain Relevant, Differentiated and Competitive in a Changing Insurance World — with Dr. Brenda Wells and Dr. Robert Hartwig
 
Listen Now
 
Smart Choice
 
 
 
 

South Central

 

Texas Gov. Issues Disaster Declaration, Louisiana Sends National Guard Following Storms

A tornado that menaced New Orleans flipped a schoolbus, ripped off rooftops and deposited a house with a family inside onto the middle of...
 

6 Students Killed in Southern Oklahoma Crash With Semi

Six teenage students have been killed in a two-vehicle collision in southern Oklahoma, the Oklahoma Highway Patrol said March 22. The...
 

Louisiana to Receive $1.7 Billion in HUD Disaster Grants

Three Gulf Coast states are getting $1.9 billion in federal grants to help recover from hurricanes and floods over the past two years and...
 

Tornado Strikes New Orleans as Storms Move Into Deep South

A tornado tore through parts of New Orleans and its suburbs Tuesday night, ripping down power lines and scattering debris in a part of...
 

Powerful Storm System Leaves 1 Dead, More Than Dozen Injured in Texas, Oklahoma

One person was killed and more than a dozen were injured when tornadoes tore through parts of Texas and Oklahoma, damaging a school,...
 
More South Central News »
 
 
 
adv
 
Midlands is Staying Connected with You
 
Elevating your access, elevating your experience, elevating your opportunities. 800.800.4007 | midlandsmgt.com | marketing@midman.com
 
VIEW PRODUCT CATALOG
 
MIDLANDS MANAGEMENT CORP
 
 
 
 

West

 

Takeaways from Our Conversation on the Dormant Commerce Clause

If Congress ever gets around to legalizing cannabis, the process of revoking federal prohibition may not be so clear-cut - legalizing it...
 

Pinnacol Distributes $50M in Dividends to 51K Colorado Companies

Pinnacol Assurance is distributing general dividend checks to its customers totaling $50 million. Pinnacol has also lowered premium rates...
 

Amazon Cited for Unsafe Work Practices at Washington Fulfillment Center

Amazon is facing a willful serious violation and a $60,000 fine for knowingly putting workers at risk of injury at its fulfillment center...
 

Former Licensed California Agent Faces Felony Insurance Fraud Charges

Formerly licensed California insurance agent has been charged with 11 felony counts including identity theft, grand theft and...
 
More West News »
 
 

Insurance Jobs

 

Insurance Sales Agent - Liberty Mutual Insurance - New York

 

Business Development Manager - Liberty Mutual Insurance - New York

 

Personal Lines Representative - United Insurance Partners - United Insurance Partners - CA - Remote

 

Underwriter - Professional Liability - Negley Associates - Remote

 

Senior Underwriter Programs- Professional Liability - Negley Associates - Remote

 
 
 

International & Reinsurance

 

Russia's Seizure of Foreign Jets Triggers Wave of Insurance Claims From Leasing Firms

Russia's move to transfer almost 800 foreign-owned jets to its own aircraft register amid foreign sanctions has triggered a wave of...
 

Lloyd's Expects 'Major Claim' From Russia-Ukraine War, Reports 'Strong' Profit in 2021

Lloyd's, the world's leading insurance and reinsurance marketplace, announced "a strong return to profitability" in its 2021 full year...
 

Bank of England Begins Developing Regulatory Framework for Cryptoassets

The Bank of England on Thursday began sketching out Britain's first regulatory framework for cryptoassets, saying that although the...
 

Japan's Powerful Earthquake Estimated to Cost Insurers $2 Billion-$4 Billion: Verisk

The powerful earthquake that jolted Japan's northeast coast last week is expected to cause insured property losses between $2 billion and...
 

Generali Suspends CEO Donnet's Internal Rival in Ongoing Power Struggle

Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a...
 

Vienna Insurance Group Completes Purchase of Aegon's Hungary Business for €620M

Vienna Insurance Group (VIG) acquired the business of the Dutch insurer Aegon in Hungary for €620 million ($682.6 million) after...
 

Aston Lark Acquires UK Specialist Broker Braddons

Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced specialist corporate insurance broking...
 

People Moves: Aon Names WTW's Forrest as CEO of Insurance Consulting, Reinsurance Solutions; Pool Re Hires Former MS Amlin Exec Clementi as CEO, Succeeding Enoizi

This edition of International People Moves details appointments at Aon and Pool Re. A summary of these new hires follows here. Aon Names...
 
More International & Reinsurance News »
 
 
 
 
More Sponsor Content »
 
Submit your article. Find out how. »
 
 

Insurance Journal Blogs and Columns

 

A Personal Claim Story - Part 1

I've been thinking about writing this and kind of going back and forth about how to do it or whether to do it. Since I can't be...
 

Planning, the Pandemic and Price Increases

This post is part of a series sponsored by Old Republic Surety. Here's valuable advice you can share with your construction clients,...
 

Connectivity Advancements and 4 Other Tech Trends Transforming the Insurance Industry

This post is part of a series sponsored by AgentSync. The insurance world isn't moving at the speed of light quite yet, but technology is...
 
More Blogs »
 
 

Research and Webinars

 
research

It's Shaping Up to Be the Best E&S Lines Market in U.S. History

It's shaping up to be the best E&S lines market in U.S. history. Are you realizing the benefits? In this whitepaper, we'll...
 
research

Innovative Strategies & Processes to Personalize Customer Experience

Hear from Nationwide and Salesforce about innovative strategies and processes to personalize the customer experience. Owning...
 
research

The 5 Critical Things You Need to Know about Growing Your Agency

Want to experience real growth at your agency? You might need to reconsider where you are focusing your attention. Some agents...
 
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

Three Keys to Differentiating Your Brokerage

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

Insurance Journal TV

 
adv

EP. 44: Legal Expert Warning Obscure Law Could Cause Problems if Cannabis is Legalized

If Congress ever gets around to legalizing cannabis, the process of revoking federal...
 
adv

EP. 33: War in Ukraine Renews Questions Around Likelihood, Insurability of Cyber War

Since Russia launched a full-scale military invasion of Ukraine on February 24, questions have...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
Contact us | Subscribe | Send to a Friend
 
This email was sent to newsletter@newslettercollector.com.
 
Don't want this anymore? Update your subscription or unsubscribe from all lists.
 
Insurance Journal
3570 Camino del Rio North, Suite 100
San Diego, CA 92108
(800) 897-9965
Insurance Journal | Claims Journal | MyNewMarkets | Academy Of Insurance | Carrier Management