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Today's Headlines

 
May 19, 2022
 
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National

 

Pedestrian Fatalities Projected to Reach Highest Level in 40 Years

Twenty people per day were hit and killed by drivers in the U.S. last year, according to an analysis by the Governors Highway Safety...
 

US Narrows Scope of Anti-Hacking Law Long Hated by Critics

The US Department of Justice is changing its policy around a controversial anti-hacking law, addressing longstanding complaints from...
 

Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports

Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles...
 

Global Supply Stress Worsened in April, NY Fed's Index Shows

Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery...
 

Home, Commercial Rate Hikes Not Enough to Offset Construction Costs: Moody's

To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial...
 

Tesla Cut From S&P 500 ESG Index, and Elon Musk Tweets His Fury

An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc. from the widely followed S&P 500...
 

Employers Adapting to New World of Worries

Insurers Seek Policies on Diversity, Pay Equity, Social Media, COVID, Even Facial Scans The past few years have been filled with newer...
 

Reserves and Inflation: Insurers Got This!

According to an analysis of loss reserves published in mid-March by Assured Research, 2021 marked the 16th straight year...
 
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East

 

New Jersey Trampoline Park Can't Enforce Arbitration Clause Against Minor Who Lied

A New Jersey company cannot enforce an arbitration provision in an agreement signed by a 15-year-old minor who misrepresented his age to...
 

Rhode Island Lawmakers Revise Recreational Marijuana Bill Ahead of Next Week's Votes

Rhode Island lawmakers unveiled changes Tuesday to a bill to legalize and regulate recreational marijuana, revisions that aim to ensure...
 

Investigation Underway Into Massachusetts Apartment Building Fire That Took 4 Lives

WORCESTER, Mass. (AP) --The number of people who died in a fire at a Massachusetts apartment building last weekend has climbed to four...
 

Delaware Governor Signs Paid Family, Medical Leave Law

Delaware Governor John Carney has signed legislation creating a statewide paid family and medical leave insurance program. Under the new...
 
More East News »
 
 
 
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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
 
 
 
 

Midwest

 

Northern Michigan Wildfire 98% Contained

A wildfire in a heavily forested area of northern Michigan is now 98% contained and all road closures in the area have been lifted, state...
 

NWS Confirms Weak Tornadoes in Kansas, Nebraska

The National Weather Service has confirmed a series of weak tornadoes across rural parts of northwestern Kansas and a county in...
 

Alera Group Acquires West Michigan Insurance

Alera Group acquired West Michigan Insurance Inc., a Property & Casualty insurance agency based in Grand Rapids, Michigan, with office...
 
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Insurance Jobs

 

Commercial Lines Underwriter II - Frederick Mutual Insurance Company - Frederick Maryland

 

Underwriting Assistant - Frederick Mutual Insurance Company - Frederick Maryland

 

Business Development Representative (InsurTech) - DataCrest, Inc. - Remote

 

Product Analyst - Coverys - Boston, MA; East Lansing, MI; Omaha, NE or Remote

 

Insurance Broker Property and Casualty - Undisclosed - Nassau County, NY

 
 
 

Southeast

 

Policies' Arbitration, AOB Endorsements are Unconstitutional, Florida Lawsuit Claims

Recent moves by two Florida insurers to limit litigation and restoration expenses - and regulators' approval of those policy endorsements...
 

North Carolina Judge Orders Lindberg to Give Up Control of Firms to Repay Insurers

A North Carolina court has ordered jailed insurance and business entrepreneur Greg Lindberg to relinquish control of hundreds of his...
 
More Southeast News »
 
 
 
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South Central

 

Texas Man Sentenced for Hotel Investment Fraud Scheme

An Austin, Texas man was sentenced to 70 months in prison and ordered to pay $5,052,366.92 in restitution for his role in a fraud scheme....
 

Texas Division of Workers' Comp Adopts Income Benefits Form

The Texas Department of Insurance, Division of Workers' Compensation (DWC) said it has adopted a new form: DWC Form-033, Request to...
 
More South Central News »
 
 

West

 

Oregon Officials Warn of Difficult Wildfire Season

Oregon remains poised to see a potentially "challenging" wildfire season this summer, despite a wet and cool spring in much of western...
 

CAC Adds Eisenstat and Sharp; Alliant in California Names Graham-Helwig Senior Vice President

CAC Specialty added Rick Eisenstat and Justin Sharp to its natural resources team. Eisenstat is an environmental law specialist and will...
 

Growth of Massive New Mexico Wildfire Slowed

Firefighters have been able to slow the growth of a massive wildfire burning in the mountains of northeastern New Mexico as they prepared...
 

Native American Man Files Suit in Oregon Alleging Bogus Detention

A lawsuit alleges a Salem, Oregon, police officer accused a Native American man of stealing a car he was working on, grabbed him, shoved...
 
More West News »
 
 

International & Reinsurance

 

Hungary Eyes Raising Domestic Ownership in Sectors Such as Insurance

Hungary should boost domestic ownership in more key sectors in addition to banking, media and energy, a cabinet minister-designate said...
 

Climate Change Boosted Cost of Japan's Typhoon Hagibis by $4B: Study

The effects of human-caused climate change were responsible for roughly $4 billion of the $10 billion in insured losses resulting from...
 

Generali Q1 Net Profit Beats Forecasts, Despite Russia Impairments

Assicurazioni Generali beat expectations in the first quarter even as impairments on Russia drove net profit lower, a boost for CEO...
 

Canada Crop Land 'Deteriorating' as Heavy Rain Hinders Planting

Farmers in parts of Canada's Prairies are struggling to get crops in the ground as heavy rains continue to wallop the eastern region in...
 

Investment Firm Brookfield to Buy UK Repair Site HomeServe for £4.1B

Brookfield Asset Management Inc. agreed to buy emergency household repairs provider HomeServe Plc in a deal valuing the company at £4.1...
 

Timeline of Key Events in Collapse of Allianz's Structured Alpha Funds

Germany's Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group of its...
 

Allianz Buys Majority Stake in Jubilee General Insurance Co. of Tanzania

Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and the Aga Khan Fund...
 

Global Broking Network Brokerslink Adds First Tech Firms as Members

Brokerslink has added six technology firms as members - the first non-broking or risk consulting firms to join the global network since...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
research

The Power of a Network Partnership for Independent Agents

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to...
 
research

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

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

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

How the "Work" in Workers' Comp Is Changing

The Great Resignation. Labor shortages. Remote work. How are today's workplace trends affecting workers' compensation? Join us...
 
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...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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