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March 31, 2022
 
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National

 

Another Active Atlantic Hurricane Season in 2022: AccuWeather

Following the most active season for named storms in the Atlantic in 2020 and the third-most named storms in 2021, AccuWeather...
 

Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes

Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their flood...
 

Analysis - Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions

Insurers face potential multi-billion dollar claims for cyber attacks related to Russia's invasion of Ukraine, despite policy wording...
 

FTC Sues Intuit to Stop 'Bait-and-Switch' TurboTax Ads

The Federal Trade Commission is suing TurboTax maker Intuit, saying its ads for "free" tax filing misled consumers. Intuit says it will...
 

Grubhub, Uber Eats, Postmates Must Face Diners' Lawsuit Over U.S. Restaurant Prices

A U.S. judge on Wednesday said Grubhub, Uber Eats and Postmates must face an antitrust lawsuit by diners who accused them of driving up...
 

People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big 'I' Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders

Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton's team of skilled cyber specialists,...
 

Insurers: NAIC's Move to Amend Climate Disclosure Survey Too Quick

The National Association of Insurance Commissioners is moving to amend its climate disclosure survey - and insurers may not like it. The...
 

Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re

Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property...
 

On the Cutting Edge: How Successful Carriers Can Drive Cyber Insurance Forward

Panelists at Insurance Journal's March webinar, Raising the Bar on Cybersecurity, said a paradigm shift is happening in...
 
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East

 

Sandy Hook Families Reject Alex Jones Cash Settlement Offer

Infowars host Alex Jones offered to pay $120,000 per plaintiff to resolve a lawsuit by relatives of Sandy Hook Elementary School shooting...
 

Baltimore, Businesses Settle for $3.5M Over Freddie Gray Unrest

The city of Baltimore has reached a $3.5 million settlement with a group of business owners whose property was damaged in the 2015 unrest...
 

Connecticut's Bradley Airport Website Hit by Cyberattack

Connecticut officials said they were monitoring a cyberattack Tuesday that attempted to crash the website of Bradley International...
 

Work to Free Container Ship Stranded in Chesapeake Bay Continues

The U.S. Coast Guard prepared a second attempt to free a stranded container ship Wednesday, more than two weeks after it ran aground in...
 
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Midwest

 

Some Damage After Strong Storms Move Through Northwestern Missouri

Residents in northwestern Missouri were cleaning up Wednesday after a tornado hit parts of St. Joseph overnight as a line of strong...
 

Relation Acquires Wisconsin's Woller-Anger

Relation Insurance Services, Inc. announced it acquired the assets of Wisconsin-based Woller-Anger & Company. Terms of the transaction...
 

Illinois Court: Insurer Must Defend IT Company in BIPA Suits

An insurer must defend an information technology company facing a pair of Biometric Information Privacy Act (BIPA) lawsuits, the U.S....
 
More Midwest News »
 
 

Insurance Jobs

 

Business Systems Analyst - Edge Case Risk Management - Pittsburgh, PA

 

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

 

Commercial Transportation Underwriting Manager - JM Wilson - Kalamazoo, MI

 

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

 

Loss Control Specialist - Nationwide Insurance - New England States

 
 
 

Southeast

 

After Suspending New Business in Florida, Lighthouse Loses Financial Rating

The Demotech rating firm has withdrawn the financial stability rating for another Florida-admitted insurer, Lighthouse Property...
 

Florida Reaches $878M Opioid Settlements With CVS, Teva, Others

Florida has reached more than $878 million in settlements with CVS Health Corp and three drug companies to resolve claims and avert a...
 

Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes

Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their flood...
 

Tornadoes Leave Damage, Power Outages Across Parts of South

Strong thunderstorms and tornadoes caused damage across parts of five Southern states Wednesday night and Thursday morning, leaving some...
 
More Southeast News »
 
 

South Central

 

Arkansas Tornadoes Injure At Least 7

Severe storms injured seven people, damaged buildings and downed power lines in northwest Arkansas early Wednesday as tornadoes and...
 

NTSB: Oklahoma Plane Crash That Killed 3 Was Nearly Vertical

A plane that crashed in northern Oklahoma, killing three Nebraskans, was nearly vertical when in struck the ground, according to a...
 

Texas High Court: Wrongful Death Suit Against Gentlemen's Club in Hands of Arbitrator

Three terms in a written contract between a gentlemen's club and a deceased employee are not so unclear as to nullify the contract's...
 
More South Central News »
 
 

West

 

ALKEME Acquires Snapp & Associates in California

ALKEME acquired Snapp & Associates Insurance Services in San Diego, California. Snapp & Associates serves a broad base of industries and...
 

Court Approves $18M Settlement with Activision Blizzard in California

U.S. District Court for the Central District of California entered the consent decree between Activision Blizzard Inc. and the U.S. Equal...
 

People Moves: McGriff Adds Matthews to Real Estate Practice; Crest Adds Haller in Wyoming

McGriff added Donna Matthews, a senior vice president and Denver, Colorado-based marketing account executive, to its real estate and...
 

Report from California Watchdog Group Calls for Privacy Protections from Connected Cars

A new report from a consumer group calls out what it says are privacy problems posed for consumers from connected cars and it points to...
 
More West News »
 
 

International & Reinsurance

 

Analysis - Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions

Insurers face potential multi-billion dollar claims for cyber attacks related to Russia's invasion of Ukraine, despite policy wording...
 

Ukraine Urges Marine Insurers to Withdraw Coverage for Russian Shipping Companies

The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil...
 

Generali Investor Del Vecchio Backs Change in Insurer's Leadership

Italian tycoon Leonardo Del Vecchio is backing a push for a change in leadership at Assicurazioni Generali SpA, saying that a proposed...
 

Qatar Airways Says A350 Surface Flaws Cause Risk of Fuel Tanks Igniting

Qatar Airways says surface flaws on Airbus SE's A350 jets cause a risk of the fuel tanks igniting, bolstering its contention that safety...
 

UK Expands Sanctions That Target Russian Oligarchs' Jets and Yachts

Britain put in place new legal powers on Wednesday to prohibit maintenance on aircraft and ships belonging to specific sanctioned Russian...
 

Lloyd's Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions

The Lloyd's re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd's Lab in its...
 

Occam Completes Purchase of Terrorism-Specialist MGA Beech Underwriting

Occam Underwriting, the specialist lines managing general agency (MGA), announced it has completed the acquisition of Beech Underwriting...
 

Beazley Restructures Its Underwriting Team to Support Growth Ambitions

Beazley has restructured its underwriting team with the creation of four new divisions: Specialty Risks, Cyber Risks, MAP Risks and...
 

People Moves: Former Pool Re CEO Enoizi Named Carpenter's Head of Public Sector; AGCS Hires BHSI's Maxwell as Global Head of Financial Lines

This edition of Internation People Moves details appointments at Guy Carpenter and Allianz Global Corporate & Specialty. A summary of...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

That's A Hard No

That's a hard no. I like that phrase. Simple. Direct. Expresses exactly what I mean. Sometimes it's just no. No negotiation. No...
 
More Blogs »
 
 

Research and Webinars

 
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Navigating a Sea of Uncertainty: 5 Reasons to Select a Cargo Policy

Port accumulation and trans-shipment delays. Extreme weather events. Fires at sea. These are just a few interconnected yet...
 
research

Amidst a Widespread Microchip Shortage, Real-Time Insurance Reporting is a Must

Entering into another year of unpredictability in the global supply chain, the shortage of automobile semiconductor chips —...
 
research

Why E&S is a Huge Opportunity for Independent Agents

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...
 
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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...
 
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What will you do with all the time you get back?

Wasting time on repetitive producer management tasks is limiting your ability to grow quickly. Read this whitepaper from...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 45: Not Being All You Can Be When Being ESG a Bad Risk for Cannabis Companies

Environmental, social and governance is a big part of the world nowadays, and the concept of...
 
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Sign up Today for The InsurTech Summit 2022!

We're back and excited to bring to you another group of industry professionals ready to tackle...
 
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