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May 26, 2022
 
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National

 

Class Action Accuses 3 Automakers, Parts Maker of Selling Risky Air Bag Inflators

A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators...
 

P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion

Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...
 

Can U.S. Gunmakers Be Liable for Mass Shooting?

An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the...
 

Twitter Will Pay $150M to Settle With U.S. Over Data Privacy Violations

Twitter Inc. has agreed to pay $150 million to settle allegations it misused private information, like phone numbers, to target...
 

Hackers Breached Some GM Accounts, Accessing Personal Data

Hackers compromised some online accounts of General Motors Co. customers in April, potentially accessing addresses, phone numbers and...
 

Insurance Technology: Socotra Snaps Up Startup Portal; Marble Mobilizes Rewards App; RMS Unveils UnderwriteIQ; Vertafore Powers Tokio Marine Surety

Socotra Acquires Avolanta, Adding Unified Agent and Customer Portal Insurance carrier technology firm Socotra reports it has acquired...
 

People Moves: Benet Named AXA XL Global CUO; Resilience Hires Ho for Lead Underwriting Role

AXA XL has named Libby Benet to the role of global chief underwriting officer (GCUO), succeeding Nancy Bewlay, who recently assumed...
 

Takeaways from Our Conversation on Cannabis Lounges

Anytime a cannabis lounge opens in some U.S. city it tends to garner a lot of media attention, and the headlines have been buzzing lately...
 

Employment Practices Liability Rates

Even with all of the change and disruption, employment practices liability insurance market experts say the market is competitive and poised...
 

Video: How One Tech Startup Is Getting Roofs Repaired Faster

Why do residential property claims drag on for months, leaving homeowners waiting for needed repairs?...
 
More National News »
 
 
 
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East

 

Federal Judge Upholds New York Law Allowing Lawsuits Against Gun Industry

A federal judge on Wednesday threw out a lawsuit by a group of gun manufacturers, distributors and retailers challenging the...
 

New York Opens New Window for Adult Sex Abuse Survivors to Sue

Adult sexual assault survivors who missed legal deadlines to sue their abusers would get a second chance to file lawsuits under a bill...
 

Delaware Governor Carney Vetoes Bill to Legalize Recreational Marijuana

Delaware Gov. John Carney on Tuesday vetoed a bill to legalize possession of up to one ounce of marijuana by adults for recreational use,...
 

Massive Blaze Damages Newly Renovated Newport Hotel

NEWPORT, R.I. --Three firefighters were injured battling a major fire at a recently renovated hotel in Newport, Rhode Island, fire...
 
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

 

Iowa Lawmakers Approve Deer Hunting With Semi-Automatic Rifles

Deer hunters would be able to use semi-automatic rifles during a newly created antlerless season in January under a bill approved by...
 

Indiana Investigating Slag Pit Explosion

The state of Indiana is investigating a slag pit explosion at a northwestern Indiana steel mill, it said Tuesday. The explosion Sunday in...
 

Woman Suing Browns Quarterback Watson: New Contract "A Big Screw You"

One of the women accusing Cleveland Browns quarterback Deshaun Watson of sexual misconduct while she gave him a massage said she felt...
 
More Midwest News »
 
 

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

 

King Cruises to Victory over Trump Pick in Georgia Insurance Commissioner Primary

Georgia's incumbent insurance commissioner easily survived a Republican primary challenge from a candidate endorsed by former President...
 

Miami-Dade to Pay $4 Million in Police Chase Crash That Injured Baby

Miami-Dade County has agreed to pay a record $4 million for the care of a girl whose spinal cord was severed in a crash with a police...
 

Teva, Allergan Reach $161.5 M Opioid Settlement with West Virginia

Teva Pharmaceutical Industries TEVA and AbbVie's Allergan unit reached a settlement worth $161.5 million to resolve claims the companies...
 

Florida Legislature Wraps Early with Insurance Fund, Roof and Condo Bills

By Wednesday morning, it was all over except for the speeches. The five-day special session on the insurance crisis turned into just...
 
More Southeast News »
 
 
 
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South Central

 

Two More Louisiana Defendants Sentenced in Operation Sideswipe

United States Attorney Duane A. Evans announced on May 25, 2022 that Doniesha Gibson (Gibson) age 31, of New Orleans, Louisiana and Erica...
 

Inszone Acquires Texas' Caleb Insurance and Financial Services

Inszone Insurance Services, a full-service insurance brokerage firm which provides a broad array of property & casualty insurance, along...
 
More South Central News »
 
 

West

 

Report: California Workers' Comp Written Premium for 2021 Down 2%

California written premium for 2021 was 2% below 2020 and 14% below 2019, a new report shows. The Workers' Compensation Insurance Rating...
 

Attorney Paying Former Las Vegas Mogul Steve Wynn Defamation Claim

Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against a...
 

UCLA to Pay Nearly $700M in Doctor Abuse Lawsuits

The University of California system announced Tuesday it will pay nearly $375 million to more than 300 women who said they were sexually...
 

California Moves Toward Allowing Lawsuits Over Illegal Guns

Spurred by Tuesday's deadly elementary school shooting in Texas, California senators approved giving people the power to sue those who...
 
More West News »
 
 

International & Reinsurance

 

Brickell Pulls Plug on Acquisition of Randall & Quilter; R&Q Plans Fundraise

Property/casualty speciality insurer Randall & Quilter Investment Holdings Ltd. announced its planned acquisition by Brickell PC...
 

Risky Ship-to-Ship Transfers Keep Russian Oil Moving to China

A logistically risky and costly transfer of crude between tankers at sea highlights the steps at least one Chinese buyer is willing to...
 

Mexico Prepared to Sue U.S. Mining Firm Vulcan Over 'Ecological Catastrophe': President

Mexico will go to local and international courts if there is no agreement with U.S. firm Vulcan Materials over its mining activity in the...
 

Volkswagen to Settle UK 'Dieselgate' Class Action for $242 Million

Volkswagen settled its UK class action lawsuit for £193 million ($242 million) with more than 90,000 drivers impacted by the emissions...
 

Iran Building Collapse Kills at Least 14 People

TEHRAN, Iran (AP) - Rescuers dug through debris Tuesday of a building collapse in southwestern Iran that killed at least 14 people,...
 

Howden Gets Regulatory Nod to Raise Stake in Howden India to 100%

Howden, the international insurance broker, announced it has obtained approval from the Insurance Regulatory and Development Authority of...
 

People Moves: Oneglobal Appoints IRB's Oka as CEO Reinsurance Brazil; Chubb Names 3 Senior Leaders for Financial Lines in UK, Ireland, S. Africa, Global Markets

Oneglobal Appoints IRB's Oka as CEO Reinsurance Brazil Oneglobal Broking announced the appointment of Adriano Oka as CEO Reinsurance...
 
More International & Reinsurance News »
 
 
 
 
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Research and Webinars

 
research

The New Era of Work: How Benefit Providers Can Evolve to Meet Employee Expectations

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

There's a Microchip Shortage. What Now?

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