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December 14, 2021
 
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National

 

Are Too Many Comp Claims Being Opposed? Some Major Employers Think So

Employers may be warming up to the idea that fighting some workers' compensation claims and medical treatments can be counterproductive,...
 

AM Best Sees Tornado Losses as Manageable for Insurers

Analysts at ratings firm AM Best said they expect the insured losses from the tornadoes that devastated central and southern U.S. last...
 

'Catch-Up Care' Helps Explain Rise in Employers' Health Insurance Costs: Mercer

Health insurance costs for employers rose the most in over a decade this year as Americans resumed non-urgent procedures delayed earlier...
 

Biden Auto Safety Agency Nominee to Face Senate Committee

The U.S. Senate Commerce Committee on Thursday is set to hold a confirmation hearing on President Joe Biden's nominee to head the...
 

Chubb Agrees to Pay $800M Toward Boy Scouts Sex Abuse Claims Deal

One of the Boy Scouts of America's primary insurers, Chubb Ltd. unit Century Indemnity Company, said on Monday it will contribute $800...
 

From Wildfires to Floods, Climate Change Worsens Extreme Weather Across Globe

Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought,...
 

MCI Lloyd’s Syndicate 1902 Offers ‘Ground-Breaking’ Infectious Disease Liability Cover

Specialist liability underwriter Medical & Commercial International (MCI) announced the launch of a ground-breaking communicable disease...
 

How Insurers Created the World's Largest Aerial Imagery Program

One of the best-kept secrets about the property/casualty insurance industry is a member-centric organization that...
 
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A Solution to the MGA's Challenge
 
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East

 

Maine Roofing Contractor Found Not Guilty in Death of Worker

A jury has found that a roofing contractor in Maine is not guilty of workplace manslaughter for the 2018 death of a worker. The Portland...
 

Jury Awards $1.7M to Massachusetts Teacher Who Alleged Discrimination

A jury has found that school officials in Boston, Massachusetts, retaliated against a teacher for exercising his legal right to raise...
 

A.M. Best Affirms Ratings for The Concord Group Insurance Companies

A.M. Best has affirmed the financial strength rating (FSR) of A+ (superior) and the long-term issuer credit ratings (long-term ICR) of...
 

World Insurance Associates Acquires New Jersey's E&K Insurance Group

World Insurance Associates LLC (WIA) acquired E&K Insurance Group of Eatontown, New Jersey, on December 1, 2021. Terms of the transaction...
 
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New Cyber Liability Report
 
Get the latest report on social engineering scams, malware, web application attacks, denial of service, and botnets from AmTrust Financial.
 
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Midwest

 

Insured Loss From Tornado Outbreak Estimated at $3 Billion by KCC

The insured loss from the December 9-12 tornado outbreak that devastated parts of central U.S. has been estimated to be about $3 billion....
 

Why OSHA Is Investigating Amazon Worker Deaths at Illinois Building Hit by Tornado

EDWARDSVILLE, Ill. -- The U.S. workplace safety watchdog is investigating the circumstances around the collapse during Friday night's...
 

High Wind Watch Alert in Effect for Plains States

Weather forecasters say damaging winds are expected in parts of Nebraska, Kansas, Iowa and Missouri this week, just days after...
 
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Southeast

 

400 Adjuster Firms Licensed Under Florida's New Law

More than 400 claims-adjusting firms have been licensed in Florida in the last month, in keeping with a state law that requires that...
 

Insured Loss From Tornado Outbreak Estimated at $3 Billion by KCC

The insured loss from the December 9-12 tornado outbreak that devastated parts of central U.S. has been estimated to be about $3 billion....
 

Planning Questions Emerge at Tornado-Destroyed Kentucky Candle Plant

The Mayfield Consumer Products factory was the third-biggest employer in this corner of western Kentucky, an important economic engine...
 

New Insurer VYRD Launches to Address Challenges Faced by Florida Homeowners

VYRD, a new insurance company serving homeowners in Florida, launched as a joint venture between SiriusPoint Ltd., a specialty insurer...
 

Confie Acquires Velox Insurance to Expand in Georgia Market

Confie, a U.S. independent personal lines distributor, will acquire Velox Insurance as an affiliate to its nonstandard national brand,...
 
More Southeast News »
 
 
 
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South Central

 

Louisiana Governor Sticks with Vaccine Plan Despite Opposition

An outpouring of legislative opposition and a likely threat of litigation aren't changing Gov. John Bel Edwards' mind about requiring...
 

Ex-Oklahoma Cabinet Secretary Files $60 Million Claim over Bribery Charge

A former member of Oklahoma Gov. Kevin Stitt's cabinet has filed a claim for $60 million damages with the state attorney general's...
 

Texas Vigil Shooting Leaves 1 Dead, 13 Injured

One person was killed and at least 13 others were injured in a drive-by shooting during a candlelight vigil near Houston, a sheriff said....
 
More South Central News »
 
 
 
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West

 

California Halts Pony.Ai's Driverless Testing Permit After Accident

A California regulator on Monday said it has suspended a driverless testing permit for startup technology firm Pony.ai following an...
 

Father, Son Charged With Starting Massive California Wildfire Plead Not Guilty

A father and son charged with starting a massive California wildfire that destroyed many homes and forced tens of thousands of people to...
 

Former Montana Mine Official Pleads Guilty to Workplace Accident Coverups

A former official for a central Montana coal mine plead guilty to conspiring with others to not make required reports about workplace...
 

Catholic Archdiocese in Washington Settles Sexual Abuse Claim

Seattle's Catholic archdiocese has agreed to pay a Washington woman $725,000 as part of an early dispute resolution to her lawsuit...
 
More West News »
 
 

Insurance Jobs

 

Risk Control Consultant - United Fire Group - San Antonio, TX

 

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

 

Field Sales Territory Manager - Foremost Insurance - Foremost Insurance by Farmers Insurance - Seattle, Washington

 

Partnership Account Manager - Semsee - New York, NY

 

Commercial Lines Underwriter - Insurance Company - Work At Home Vintage Experts - Remote

 
 
 

International & Reinsurance

 

Extreme Weather in 2021 Brings Above-Average Claims to Global Insurers: Swiss Re

Extreme weather events in 2021, including a deep winter freeze, floods, severe thunderstorms, heatwaves and a major hurricane, resulted...
 

Swiss Re-Backed FWD Raises $1.4 Billion, Weighs Hong Kong IPO

Billionaire Richard Li's FWD Group Ltd. raised more than $1.4 billion in private placements with investors including an insurer backed by...
 

Specialist Risk Group Launches MGA Called MX Underwriting

Specialist Risk Group (SRG) announced the launch of MX Underwriting. Led by Lee Anderson, SRG deputy CEO, and James Gerry, MX chairman,...
 

Brit Pilots 1st Continuous Binder for Delegated Authorities, to Replace Annual Renewals

Brit Ltd. announced it has piloted the first continuous binder at Lloyd's for delegated authorities, which will go live in January 2022....
 

Canada's StoneRidge Insurance Brokers Acquires John Stark & Co.

SIB Corp., operating as StoneRidge Insurance Brokers (SIB), the Canadian provider of insurance and consulting services, has acquired John...
 

People Moves: WTW's Swift Joins London Market Group Board; Carbon Underwriting Hires Antares' Coates; Dale Underwriting Names ArgoGlobal's Turner for Property

This edition of International People Moves details appointments at the London Market Group, Carbon Underwriting and Dale Underwriting...
 
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Research and Webinars

 
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Pair your expertise with the speed your clients want and need.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
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Influence Restoration Services for Better Results

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals.  Playing a role in your...
 
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Achieving more scalable growth and improving your employee experience

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
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The MGA's Guide to Producer Licensing and Compliance through Technology

MGAs face regulatory challenges from all directions and insurance laws vary by state, making the management of producer...
 
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Tapping Into the Growing Home Based Business Market

The world has changed. Work has changed. Growing numbers of people are stepping away from corporate America and setting up home...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 28: Looking in the Rearview Mirror: Cyber Lessons Learned from 2021

The year is coming to an end and cyber insurers as well as their clients may be reflecting on...
 
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People, Products, Relationships & More: Amwins' President James Drinkwater

People, products, relationships, and clients. Those are the areas that Amwins Group focuses on...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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