Insurance Journal
 
 

Today's Headlines

 
March 3, 2022
 
Today's Headline Sponsor: NSM Insurance Group
 
 
 
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National

 

APCIA Joins Group Pushing for Reforms on Litigation Funding

A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack...
 

Russian Sanctions Pose Risks to U.S. Nuclear Power Industry

As economic sanctions pile up on Russia, there's growing concern that export restrictions on the world's top supplier of nuclear fuel has...
 

James River Reserve Charge, 'Strategic Actions' Won't Damage AM Best Rating

AM Best announced March 1 that the rating agency won't change the A- (Excellent) financial strength ratings for the operating...
 

Global Supply Pressures Eased in February, New York Fed Says

Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure of ocean...
 

TikTok Facing Probe by States Over How Platform Markets to Kids

ByteDance Ltd.'s TikTok is being targeted by a group of states seeking to determine whether the social media platform is being improperly...
 

U.S. Senators Grill Regulators Over Climate Policy on Natural Gas Projects

Top U.S. senators from both parties on Thursday grilled Democratic energy regulators who recently approved guidelines for approving new...
 

AIG to Move High Net Worth Homeowners to E&S

Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of...
 

Knowing What Boss Gets Paid Impacts Worker Productivity (How Might Surprise You)

More states are requiring employers to disclose information about their workers' salaries with the hope it will reduce...
 
More National News »
 
 
 
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East

 

Delaware Regulator Urges Ban on Gender-Based Auto Insurance Rating

The Delaware Insurance Department has issued a report critical of the use of gender in auto insurance rating and concluding that the...
 

Virginia Governor Vetoes Policing Oversight Bill

Virginia Gov. Glenn Youngkin has issued his first veto, blocking a measure that would have allowed Arlington County's governing board to...
 

Maine Farmers Want Ban on 'Forever Chemical' Sludge in Fields

Maine farmers want lawmakers to pass a bill banning fertilizer and compost containing wastewater sludge that's been linked to toxic...
 

District of Columbia Regulator Expands Internships to Gallaudet Students

Gallaudet University and the District of Columbia Department of Insurance, Securities and Banking (DISB) announced that Gallaudet...
 

Truist Opens Insurance Services Unit with Close of Kensington Title Agency Acquisition

Insurance broker Truist Insurance Holdings, Inc. reports it has closed on the acquisition of Kensington Vanguard National Land Services...
 
More East News »
 
 
 
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Warranty Survey Report
 
AmTrust's Warranty Survey Report reveals an opportunity in the marketplace to improve offerings and expand warranty adoption across all categories.
 
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Midwest

 

Jewelers Mutual Sponsors Milwaukee Bucks Championship Ring Contest

Jewelers Mutual Group is sponsoring a championship ring sweepstakes with the NBA's Milwaukee Bucks giving fans a chance to win an...
 

Parents Sue After Man Feeds Baby at Des Moines Hospital

The parents of a newborn child who was fed and changed by a stranger at a Des Moines, Iowa hospital is suing the hospital and the man....
 

Michigan School Accused of Retaliation Against Parent Settles Case

A suburban Detroit parent who claimed she lost her job for criticizing COVID-19 policies in local schools has reached a tentative deal to...
 

Bird Flu Found at 6th Indiana Turkey Farm

Avian influenza has been detected in a sixth commercial poultry flock in southern Indiana, state officials said March 1. Laboratory...
 
More Midwest News »
 
 
 
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The 5 Keys to Agency Growth
 
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Southeast

 

Florida Keys School Board Surprised by $400,000 Increase in Insurance Premiums

Florida homeowners aren't the only ones feeling the pinch from sharply rising insurance premiums. School board members in the Florida...
 

Fines on Public Adjuster Actions Would Double Under Bill Passed By Florida House

The Florida House of Representatives on Wednesday approved its version of a bill that would increase penalties for unlicensed public...
 
More Southeast News »
 
 

Insurance Jobs

 

Actuary - Security First Managers - Security First Managers, LLC - Ormond Beach, FL

 

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Field Sales Territory Manager – Foremost Insurance - Farmers Insurance - Portland, Eugene, Salem (Oregon)

 

Group Health - Disability Claims Examiner / Adjuster - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Commercial Lines Producer (Construction) - Hub International - Seattle, WA

 
 
 

South Central

 

Arkansas Teachers Fund Agrees to $643M Settlement With Allianz Over Losses

A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit over losses in a multibillion-dollar trading...
 

Gag Order, Diversity of Attorneys Discussed at Astroworld Court Hearing

Issues related to media publicity and a gag order as well as a concern over a lack diversity among attorneys representing those killed or...
 

SafePoint to Assume 24K Louisiana Policies From Americas

SafePoint Insurance Co. will assume approximately 24,000 homeowners policies in Louisiana from Americas Insurance Co., which was placed...
 
More South Central News »
 
 
 
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West

 

Disaster Declared Following Lagoon Breach in Alaska

Alaska Gov. Mike Dunleavy approved a disaster declaration for Hooper Bay, after the community's sewer lagoon breached. Hooper Bay Mayor...
 

Hawaii Lifting COVID-19 Travel Quarantine Rules

Hawaii plans to lift its COVID-19 quarantine requirement for travelers this month, meaning that starting on March 26 those arriving from...
 

Colorado Wildfire Victims Hitting 'Green' Building Code Hurdle

Some homeowners recovering from Colorado's most destructive wildfire in history, which decimated entire neighborhoods near Denver late...
 

Arizona High Court Rules Jeep Can Be Sued Over Girl's Death

The family of a little girl who was killed when her mother's car was rear-ended by a Jeep on a Phoenix freeway can sue the SUV's...
 
More West News »
 
 

International & Reinsurance

 

UK to Ban Russian Companies From London Aviation Insurance Market

LONDON -- Britain will ban Russian companies from the multi-billion dollar aviation and space insurance market in London, the world's...
 

Cyberattack on Toyota Supplier Shows How Small Firms Can Pose Big Threat

The cyberattack on a Toyota Motor Corp. supplier that brought the automaker's domestic production to a halt shows how more vulnerable...
 

Ship Insurer West Withdraws Cover on 2 Russian Ships Over U.S. Sanctions

British ship insurer West of England has withdrawn cover for two container ships operated by Russia's FESCO Transportation Group after...
 

Record Floods on Australia's East Coast Have Cost At Least 14 Lives

Sydney was preparing on Wednesday for dangerous flash flooding as population centers farther north began a massive cleanup operation...
 

Acrisure Continues Global Expansion With Acquisition of Spain's Summa Brokerage

Michigan, U.S.-based financial services and insurance brokerage firm Acrisure reports it has acquired a top insurance brokerage in Spain,...
 

DARAG Acquires Guernsey Reinsurance Captive in Run-Off

DARAG Group, an international insurance and reinsurance group specialising in the assumption of discontinued businessa, has acquired a...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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...
 
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

4 Agents Share Success Moving Out of Their Comfort Zones

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
research

Beyond Burnout-Redefining a New Era in the Work Place

In a new report, Beyond Burnout—Redefining a New Era in the Work Place, Cake & Arrow gets to the heart of how people's...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 42: Cannabis Supply Chain Risks Worth Tripping Over

Everyone knows about supply chain management nowadays thanks to the pandemic, with shelves...
 
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EP. 31: More Than a Conversation: Cyber, Insurance Pros Say Building Diversity Means Taking Action

The cybersecurity and insurance industries have been talking about prioritizing diversity,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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