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August 16, 2022
 
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National

 

Much of the Country to Bake Under 125-Degree Days in Coming Decades, Report Finds

In just 30 years, more than a quarter of the United States, including a large patch of the Upper Midwest, will face days with...
 

Q2 Commercial P/C Premiums Up 6.1%: CIAB

The second quarter 2022 marked a full five years of premium increases for across all lines of commercial insurance business, according to...
 

Applied Systems Acquires Tarmika

Applied Systems said it has acquired Tarmika, a leading commercial lines rating solution that streamlines small business insurance. This...
 

Citi Sues Revlon Over Lender Status After $900 Million Mistake

Citigroup Inc. has sued Revlon Inc. in a bid to resolve a nagging legal question that emerged after the bank mistakenly wired $900...
 

P/C Underwriting Profitability to Worsen as Inflation, Hard Market Persist: Triple-I, Milliman

The 2022 combined ratio for the property/casualty insurance industry is forecast to be 100.7, a worsening of 1.2 points relative to 2021,...
 

People Moves: Senior Roles at Ryan Specialty Underwriting Managers; Snyder Named President U.S. Insurance at Argo; Kovach Joins Concert

Ryan Specialty Appoints New Senior Leadership within Underwriting Managers Specialty Chicago-based Ryan Specialty has made appointments...
 

The Evolution of Insurance Agencies

To paraphrase Mark Twain -- reports of the demise of insurance agencies have been greatly exaggerated. The local agency has been the...
 

Captives, MGAs, MGUs Contribute to Growing Cyber Insurance Market

The hard market for cyber insurance, which is expected to continue for “some time,” and a lack of capacity has made captive insurers an...
 

Becoming Truly Digital

Becoming truly digital is going to be a long, arduous, zigzag, stop-and-go journey for all companies involved with...
 
More National News »
 
 
 
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East

 

New Jersey High Court Backs Insurer's New York Exclusion in Home Depot Injury Case

Clearly, Admiral Insurance Co. did not want to assume any risk in the New York City area. The insurance policy Admiral issued to...
 

Maryland Court Affirms Limits on Hiring Firm Liability for Contractor Negligence

The mother of a man killed on a Baltimore construction site who was barred by Maryland's workers' compensation law from suing the...
 

Massachusetts City Claims Ex-Employee Shut Down Police Website

Officials in a Boston suburb are investigating a former city employee they say shut down the police website during a pay dispute. Newton...
 

Crash Into Pennsylvania Bar During Fundraiser for Fire Victims Kills 1, Injures 17

One person was killed and another 17 people injured when a vehicle struck a crowd gathered at a Pennsylvania bar for a fundraiser for...
 
More East News »
 
 
 
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Midwest

 

South Dakota State-Licensed Medical Marijuana Store Opens This Week

Patients enrolled in South Dakota's medical marijuana program will have their first opportunity to buy cannabis from a state-licensed...
 

Packaging Manufacturer Faces $178K in Fines After Ohio Worker's Burns

A federal workplace safety investigation into how a 25-year-old manufacturing worker suffered serious arm burns in February that required...
 

Widow of Wisconsin Man who Died at Vet's Home Sues State, Others

The widow if a man who died at a Wisconsin veterans nursing home is suing the state as well as some of the facility's employees who she...
 
More Midwest News »
 
 
 
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Southeast

 

ER Docs Are Independent Contractors, But Hospital Still Controls, Florida Court Finds

As in many business and commercial liability disputes, it's all about the wording of the contract, a Florida appeals court decided in a...
 

FBI: Firm Chaired by Former Florida House Speaker Billed County for Hurricane Cleanup

A Florida company with a former House speaker as a top executive allegedly charged local government millions of dollars for Hurricane...
 

Kentucky Governor Says FEMA Denying Too Many Requests for Assistance

Gov. Andy Beshear complained Thursday that the Federal Emergency Management Agency is denying too many requests for assistance in...
 

Insurance for Georgia Saltmarshes? Research is Underway

Conservationists and academics are researching ways to insure sensitive salt marshes in Georgia against degradation and loss, perhaps...
 
More Southeast News »
 
 

Insurance Jobs

 

Bowling Center Insurance Sales Agent (no joke!) Illinois/Wisconsin - Western Bowling Proprietors Insurance - Illinois or Wisconsin

 

Insurance Sales Representatives - Lakeview Household Insurance Solutions - Remote

 

Product Manager/ Senior Product Manager - WCF Insurance - Sandy, Utah

 
 
 

South Central

 

Pair of Texas Companies Earn Safety Awards

The Texas Department of Insurance, Division of Workers' Compensation (DWC) renewed two Texas companies' Lone Star Safety Awards for their...
 

Weston's Texas, Louisiana Policies to be Canceled September 7

Weston Property & Casualty Insurance Co. policies in Texas and Louisiana will be canceled on September 7 after the Florida-based insurer...
 
More South Central News »
 
 

West

 

Oregon House Candidate Sues Massage Parlor for $450K

A Democratic candidate for the Oregon House of Representatives is suing the owner of a massage parlor in Woodburn, Oregon, after he says...
 

Cal/OSHA Issues Heat Warning to Protect Outdoor Workers

Cal/OSHA sent out heat warning for employers this week reminding them they are required to protect outdoor workers from heat illness...
 

Two Radiation Incidents Investigated at Oregon Hospital

The U.S. Nuclear Regulatory Commission has issued two "event notifications" for incidents involving Salem Hospital's radiation oncology...
 

California Insurance Commissioner Orders Moratorium on Cancellations, Non-Renewals Following Wildfires

California Insurance Commissioner Ricardo Lara has ordered insurers to preserve residential insurance coverage for 8,500 affected homes...
 
More West News »
 
 

International & Reinsurance

 

Rhine River Water Level Hits New Low, Forcing Some Barges to Halt Transport

The Rhine River's water level at a key waypoint hit a new low, risking the transit of fuel and other goods as Europe's climate crisis...
 

IRB Brasil Re Weighs New Share Offering After Warnings About Capital Adequacy

IRB Brasil Resseguros SA on Monday said it is considering a new capital increase to reinforce its financial structure, after market...
 

Brazil Fines Vale $16.9M for Lack of Reliable Details About Collapsed Tailings Dam

Vale SA was fined 86.3 million real ($16.9 million) for not giving Brazil's mining regulator accurate information on the conditions at a...
 

Jensten Group Buys UK-Based Broker J. Bennett & Son

The Jensten Group, the London-based independent insurance broking group, has acquired J. Bennett & Son Insurance Brokers, based in High...
 

Financial Services Companies Urged to Hire More Working-Class Managers

Financial services companies should set "stretching targets" for appointing people from working class backgrounds to senior positions, a...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

It's Not You. It's Me.

I had a conversation the other day with a friend. He had apologized to someone at work about something that wasn't really his fault. At...
 

How Different is Lemonade?

Remember when Lemonade made a big splash, telling us that they were going to shake the whole insurance world and disrupt everything?...
 

AgentSync CTO and Co-founder Jenn Knight Talks Startups, Scaling, and SaaS at Collision 2022

This post is part of a series sponsored by AgentSync. Collision, one of the world's largest technology conferences, wrapped up its annual...
 
More Blogs »
 
 

Research and Webinars

 
research

The Very Real Costs of Doing "Business As Usual"

AgentSync's Guide to the Price of "Business as Usual" in the Insurance Industry When an insurance organization considers adding...
 
research

Online Face Verification in Insurance: 5 Ways To Enable Digital Transformation

How can insurance companies use online face verification as part of their digital transformation strategies? Download our report...
 
research

A Data-Driven Guide to Improving Workplace Safety

Data and analytics not only help develop preventative safety measures, but predictive safety measures as well. See how leading...
 
research

Future-Proof Best Practices for Workforce and Safety Training

When it comes to safety and compliance a comprehensive training program is a must. We have gathered data across industries to...
 
research

Biometric Authentication Explained

In a digital world, how can you be sure that someone is who they say they are? Or that they even exist at all? This book from...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 54: Economic Headwinds, Glut May Not Spare Booming Cannabis Insurance Business

Inflation and a superheated job market may be the nation's prevailing economic concerns, but a...
 
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EP. 43: How Should Insurers Be Thinking About Digital Privacy Post-Roe v. Wade?

The U.S. Supreme Court's June overturning of the 1973 Roe v. Wade decision protecting women's...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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