Insurance Journal
 
 

Today's Headlines

 
December 28, 2021
 
 

National

 

Businesses Can Expect to Spend $13.5 Billion on Repairs Due to Flooding in 2022

A new report estimates that U.S. businesses could spend about $13.5 billion in 2022 to repair or replace flood-damaged commercial...
 

Despite Slow Going, P/C Insurers Still Love Advanced Analytics. Except Maybe Telematics.

Although property/casualty insurance carrier executives and technical professionals remain bullish on the prospect that advanced...
 

Employers and Employees: How to Avoid a Burnout Crisis

In a more typical time, burnout is an exception. In the era of COVID, it almost feels like the norm. According to Jennifer Moss,...
 

Complaints of Hyundai-Kia Engine Fires Trigger Safety Probe

U.S. auto safety regulators have stepped up a series of investigations into engine fires that have plagued Hyundai and Kia vehicles for...
 

Aon Offers Last Mile Delivery Insurance Program in Partnership With CarrierHQ

Global insurance broker Aon and CarrierHQ, an Indianapolis-based portal for transportation fleets that offers insurance programs and...
 

Study Finds Pandemic Lockdowns Only Work for a Limited Time

As the world struggles to contain the spread of COVID-19, many countries grapple with the possibility of imposing more lockdown measures,...
 

This Year's 10 Worst Climate Disasters Cost $170 Billion: Study

Ten of this year's most destructive weather events cost a combined $170 billion in damages, according to a new study. Hurricane Ida, a...
 

Underwriting Wildfire Risk

The 2021 California wildfire season continued the worrying trend of more extreme fires than the historical norm. As of...
 
More National News »
 
 

Insurance Jobs

 

Personal Lines Account Manager - Licensed Agent - B.H. Gold Insurance Agency - San Diego, CA + remote

 

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

 
 
 

East

 

Man Gets Prison Term After Pleading Guilty to New Hampshire Diner Fire

A man has been sentenced to three to six years in state prison after pleading guilty to setting fire to a New Hampshire diner in July....
 

Boy Dies in Maryland Fire That Damaged 16 Apartments

A seven-year-old boy who was critically injured in an apartment fire in a Baltimore neighborhood has died, authorities said Sunday. The...
 

Germanna Community College Launches First High School Cybersecurity Class

The 10 students in Stephen Tate's cybersecurity fundamentals class are unwitting multitaskers. In addition to preparing to pass the...
 
More East News »
 
 

Midwest

 

Western Kansas Ranches Face Long Recovery after Wildfires

Ranchers in western Kansas have begun to recover from the deadly wildfires that torched their land earlier this month, but they...
 

NWS Says December Storm Spawned 8 Tornadoes Across Wisconsin

The National Weather Service has confirmed a rare December wind storm spawned eight tornadoes across west-central Wisconsin. .The Dec. 15...
 

Nebraska Food Company, Insurer Sue for $423K over Spoiled Bacon Shipment

A Nebraska food company and its insurer want a warehouse company to pay them more then $400,000 because a shipment of bacon was destroyed...
 
More Midwest News »
 
 

Southeast

 

$9,000 an Hour for Comp Attorney Fee Has Tongues Wagging in Florida

Few things in Florida workers' compensation have been a bigger issue over the last decade than claimants' attorneys' fees. Despite two...
 

Florida Mastermind Sentenced After Security First Audit Uncovers Fraud Ring

A Florida claims adjuster that authorities called the mastermind behind an extensive property insurance fraud scheme has been sentenced...
 

Gallagher Acquires Five Points in Tennessee

Arthur J. Gallagher & Co. has acquired Franklin, Tennessee-based Five Points Benefits Solutions, an employee benefits provider, the...
 
More Southeast News »
 
 

South Central

 

Neighbors Sue Exxon Over Homes Damaged by Texas Refinery Fire

Exxon Mobil Corp. said on Monday its Baytown, Texas, refinery continued to operate at reduced rates following a fire on Dec. 23, and the...
 

Family Sues Oil company After Fatal Louisiana Tank Explosion

Relatives of a 14-year-old girl who died when an oil storage tank exploded in February have sued the company that operated the tank. The...
 
More South Central News »
 
 
 
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West

 

Major Storm Dumped Snow, Closed Mountain Routes in California

A major Christmas weekend storm caused whiteout conditions and closed key highways amid blowing snow in mountains of Northern California...
 

Uber Driver Charged with Raping Passenger During Las Vegas Ride

An Uber driver is charged with raping a female passenger who police said fell asleep before waking up as she was attacked during a ride...
 

New Mexico Should Brace For Worsening Drought, Forecasters Say

The last three months have been very dry in New Mexico and it's only going to get worse. That's the word from forecasters with the...
 

Earthquake Confirmed in Submerged Volcano South of Hawaii

A magnitude-4.9 earthquake struck a submerged volcano south of Hawaii's Big Island last week, the Hawaiian Volcano Observatory confirmed....
 
More West News »
 
 

International & Reinsurance

 

Brazil's Dams Monitored for Risk of Bursting After Heavy Rains Kill at Least 18

Ten water dams are being monitored for risk of bursting in Brazil after heavy rains in the country's northeast killed at least 18 people...
 

Vienna Insurance Agrees to Share Ownership of Hungary Unit to Save Aegon Deal

Vienna Insurance Group AG agreed to share ownership of its Hungarian operations with a state investment fund after months of...
 

Global Shipping Industry Faces Growing Pressure to Cut Greenhouse Gas Emissions

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping...
 

Sunken Ship's Captain and 1st Officer Sentenced to 20 Months in Mauritian Prison

The captain and first officer of a dry bulk carrier, which triggered the biggest environmental disaster in Mauritius, have been sentenced...
 

Record Snowfall Disrupts Train, Air Travel in Western Japan

A powerful storm rammed western Japan with record snowfall, disrupting flights, train travel and leaving hundreds without power. Snowfall...
 

Bird Flu Kills Thousands of Migratory Cranes in Israel; No Human Transmission Reported

An outbreak of avian flu has killed more than 5,000 migratory cranes in Israel, prompting authorities to declare a popular nature reserve...
 
More International & Reinsurance News »
 
 

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

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...
 
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...
 
research

Agent Involvement Makes a Difference During Disaster

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals.  Playing a role in your...
 
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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