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December 21, 2021
 
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National

 

Tornadoes Have Pushed Insurers' Weather Claims Above $105B for 2021

Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry's 2021 bill for...
 

Medical Boards Under Pressure to Discipline Doctors Pushing False Covid-19 Claims

They have decried COVID-19 as a hoax, promoted unproven treatments and pushed bogus claims about the vaccine, including that the shots...
 

Regulators Warn of Climate Change, Stablecoins as Systemic Financial Risks

Climate change, the rapid growth of "stablecoins" and financial innovations that led to frenzied trading of GameStop Corp shares early...
 

Private Equity Firm Kelso Invests in ReSource Pro, Takes Majority Interest

Private equity firm Kelso & Co. has completed an investment in property/casualty insurance processing and services firm ReSource Pro,...
 

Ransomware Attacks Not High-Profile or Front Page News But Still Happening Frequently

In the months since President Joe Biden warned Russia's Vladimir Putin that he needed to crack down on ransomware gangs in his country,...
 

National African American Insurance Association Charters 3 New Chapters

The National African American Insurance Association (NAAIA) announced the chartering of three new chapters: Arkansas, Colorado and Los...
 

Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day

The resilience of America's critical infrastructure networks has been tested over the last year by a number of serious disasters - both...
 

Sponsored: Wrapping up Hurricane Season: Ida, Katrina, and the Importance of Adequate Loss Modeling

With the 2021 hurricane season coming to an end, insurers and government agencies are beginning to take stock of what occurred and how damages stacked up compared to previous years ...
 

Video: 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...
 
More National 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

 
 
 

East

 

Man Charged with Arson in Fire That Destroyed House, Damaged Three Others

A Maryland man has been arrested on arson charges stemming from a house fire that injured two firefighters, authorities said. John Edward...
 

Connecticut Governor Signs Sweeping Order on Climate Change, Pollution

Connecticut Governor Ned Lamont signed a sweeping executive order aimed at reducing pollution and addressing climate change Thursday, a...
 

Two Rhode Island Contractors Face $75K in Penalties for Worksite Cave-In Risks

A federal inspection at a Warwick, Rhode Island, excavation found two area contractors ignoring cave-in risks and placing their workers...
 
More East News »
 
 

Midwest

 

Indiana Bank Settles Housing Loan Discrimination Suit

An Indiana-based bank has agreed to direct more housing loans to majority-Black neighborhoods in settling a federal discrimination...
 

Ohio Car Dealership to Pay $390K over Age Discrimination Suit

Davis Automotive Group, Inc., doing business as BMW Cleveland, an automobile dealership located in Solon, Ohio, will pay $390,000 and...
 

Title Insurer Stewart Acquires Midwest, Florida Title Firms

Stewart Information Services Corp. reported it has acquired firms in the Midwest and Florida as it continues to gain scale. Stewart has...
 
More Midwest News »
 
 

Southeast

 

New Kid on Block Will Use Tech, Rapid Repair Networks to Survive Florida Market

When the Florida insurance world heard that a newly formed homeowners' insurance carrier was stepping into the troubled Florida waters,...
 

Insurer Can Keep Using its Own Repair Contractor, Florida Appeals Court Finds

For the fourth time this year, a Florida appeals court has decided in favor of People's Trust Insurance Co., requiring homeowners to let...
 

Georgia Man Wanted for Deliberately Damaging Roof During Inspection

Solicitation by roofers may be a problem in many states, but in Georgia, authorities are now searching for a man who offered to inspect a...
 

Florida Man Sentenced for Starting Fires Behind Tampa Publix

A Florida man has been sentenced to five years in prison for setting fires behind the same Tampa Bay-area grocery store three days in a...
 
More Southeast News »
 
 

South Central

 

Officials: Astroworld Victims Died from Compression Asphyxia

The 10 people who lost their lives in a massive crowd surge at the Astroworld music festival in Houston died from compression asphyxia,...
 

Fire Truck Tire Explosion Kills Louisiana Firefighter

A northwest Louisiana firefighter died Saturday after a tire he was maintaining on a fire truck exploded. The South Bossier Parish Fire...
 
More South Central News »
 
 

West

 

A Month After Washington Floods, Slow Return to Normal

Over a month has passed since flooding inundated northwest Washington's Whatcom County that caused some $50 million in damage. As Roger...
 

California Attorney Suing Walmart for Illegal Disposal of Hazardous Waste

California Attorney General Rob Bonta filed a statewide lawsuit against Walmart for the illegal disposal of hazardous waste. Bonta was...
 

AM Best Revised Outlooks to Positive for Aspire General in California

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer...
 

California DOI: Insurers Non-Renewed Fewer Homeowners in 2020, FAIR Plan Policies Increased

The number of California homeowners non-renewed by insurers fell by 10%statewide in 2020 compared with the previous year, as mandatory...
 
More West News »
 
 

International & Reinsurance

 

Global M&A Activity Shatters Records, Topping $5 Trillion in 2021

LONDON/HONG KONG - Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water...
 

UK Businesses Brace for Great British Resignation in 2022

UK businesses were hit by rising numbers of staff leaving their jobs voluntarily during 2021, with many employers facing the prospect of...
 

FWD Group Withdraws U.S. IPO Plan, Pivoting Instead to Hong Kong

FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China tightens...
 

Nephila Capital's New Syndicate 2358 Funded by Lloyd's-Sponsored Investment Vehicle

Nephila, the Bermuda-based insurance-linked securities manager, has funded its newly launched Syndicate 2358, with capital provided...
 

COVID-19 to Cut UK Life Expectancy by 9 Months: RBC Analysts

The coronavirus pandemic is seen cutting life expectancy in the UK by nine months, Royal Bank of Canada analysts said, helping to reverse...
 

French Mining Group Eramet Identifies Potential $50.8M Financial Fraud

PARIS - Eramet has identified a potential 45 million euro ($50.8 million) financial fraud within its group treasury operations, the...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

Fairness Testing: The Insurance Industry Needs to Align on Best Practices

This post is part of a series sponsored by TransUnion. Social and regulatory attention has been using fairness and equity as a lens to...
 

3 Ways Insurance Distribution Licensing Software Makes Life Easier for MGAs and MGUs

This post is part of a series sponsored by AgentSync. Investing in technology can be daunting. The thought of setting up an entirely new...
 
More Blogs »
 
 

Research and Webinars

 
research

Business critical coverage for silent cyber exposure.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
research

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...
 
research

Mobile Telematics: The solution to driving your business forward.

Are you still using Credit Score to assess risk? Move beyond legacy methods of assessing risk with proven insurance solutions...
 
research

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...
 
research

How to improve your employee experience in the hybrid workplace

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 39: Expert Says Cannabis Insurance Rates for Cyber, EPL, Property to Rise in 2022

A survey of 200-plus cannabis insurance-focused professionals at one of the largest brokers in...
 
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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...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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