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Today's Headlines

 
February 1, 2022
 
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National

 

Insurers Could Get Lower Rates on Liquidity with Bills in States

Many in the insurance industry may think of the Federal Home Loan Bank as an agency that facilitates affordable mortgages for homes. The...
 

U.S. Offers States $1.15B to Clean Up Abandoned Oil and Gas Wells

The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part...
 

13 States Agree U.S. Law Does Not Bar Mexico's $10B Suit Against U.S. Gun Makers

Thirteen U.S. states and two Latin America and Caribbean nations on Monday threw their support behind a lawsuit from Mexico that accuses...
 

Tesla to Recall Vehicles That May Disobey Stop Signs

Tesla Inc. will recall 53,822 U.S. vehicles with the company's Full Self-Driving (Beta) software that may allow some models to conduct...
 

Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines

Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised...
 

Insurance Product Provides Cloud Downtime Cover Instantly

Parametrix Insurance, a provider of parametric cloud downtime insurance, and ComTech-Leavitt Insurance Services, a member of insurance...
 

It's Raining Data: How Insurers Can Change With the Climate

As the effects of climate change make themselves increasingly apparent in our world, businesses and individuals alike...
 
More National News »
 
 

Insurance Jobs

 

Commercial Lines Rater / Rating Technician - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Agency Bookkeeper - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Sales Representative/ Insurance Carrier - National General Insurance [An Allstate Company] - IA, KY, KS, MN & UT - Remote/Work from Home

 

Insurance Underwriter - New Energy Risk - San Francisco Bay Area

 

Small Business Account Manager - Plastridge Insurance - Delray Beach, FL/Remote/Hybrid available

 
 
 

East

 

Maryland Coalition Wants End to Truck-Towing Companies Charging Huge Fees

A Maryland coalition of insurance interests and trucking firms is hoping a House bill will put the brakes on towing companies that haul...
 

Investigators to Review 'Entire History' of Pittsburgh Bridge That Collapsed

Federal investigators on Saturday vowed to put a collapsed bridge in a Pittsburgh park "under a microscope" as they examine evidence,...
 

Man Injured in 2019 New Hampshire Motorcycle Crash Sues Massachusetts Registry

A Massachusetts man severely injured in a 2019 crash in New Hampshire that killed seven members of his motorcycle club has filed a...
 

Vermont State Police Releases List of 11 Internal Investigations

The latest summary of internal investigations against Vermont State Police troopers listed 11 cases that led to the resignation of two...
 
More East News »
 
 
 

Midwest

 

Wallace & Turner Acquires Ohio-Based Guarantee

Wallace & Turner, Inc. has acquired Guarantee Insurance Agency, effective January 1, 2022. Founded in 1907, Guarantee Insurance Agency...
 

Michigan Farm's Beef Found to Contain Toxic Chemicals

Beef produced at a small Michigan farm was found to contain toxic "forever chemicals" after the cattle were fed crops grown with...
 

Minnesota Groups Unite in Recreational Marijuana Opposition

Several businesses, trade groups and social organizations announced the formation of a coalition on Monday opposing legalization of...
 

Nebraska Says Trash Truck Caused $200,000 Damage to Capitol

State officials say a Lincoln trash truck caused more than $200,000 damage to a limestone wall at the Nebraska State Capitol. The Lincoln...
 
More Midwest News »
 
 

Southeast

 

Florida Farm Bureau Action Plan Says it Will Stop Writing New HO Policies

Another Florida property insurer is taking major steps to cut its losses, including suspending the writing of new homeowner policies...
 

North Carolina Fertilizer Plant Fire Forces Thousands to Evacuate

An explosion and fire at a North Carolina fertilizer plant has forced thousands of nearby residents to evacuate, as officials warned that...
 

Florida Senate Approves Bill That Would Limit Claims Histories to Three Years

Florida property/casualty insurers would have to produce claims histories that go back only three years instead of five when requested by...
 

Three Charged in North Carolina in Insurance Fraud Schemes

A North Carolina man has been charged with fraud after he allegedly won an $8,000 roofing contract by presenting a fake certificate of...
 
More Southeast News »
 
 

South Central

 

Louisiana Commissioner: Insurers Have Paid or Reserved $10.5 Billion in Ida Claims

Insurers have paid or reserved $10.5 billion on all types of Hurricane Ida-related claims in Louisiana through the end of 2021, Insurance...
 

Arkansas Lawmakers Clear Way For Agencies to Enforce Vaccine Requirement

Arkansas lawmakers on Jan. 28 cleared the way for state-run health care facilities to require employees to get the COVID-19 vaccine after...
 

4.5 Earthquake Hits Northern Oklahoma

A 4.5 magnitude earthquake struck northern Oklahoma at 11:10 a.m. CST Jan. 31 about seven kilometers northwest of Medford, the United...
 
More South Central News »
 
 
 
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West

 

Magnitude 4.1 Earthquake Confirmed in California

A magnitude 4.1 earthquake rattled an inland region of San Diego County on Sunday morning, the U.S. Geological Survey confirmed. The...
 

MyShake Earthquake Warning App Available in Washington

A new earthquake-warning app is available for Washington state. The state said there are already two warning systems in place, but the...
 

Tesla's Musk Tweets Off on California Regulator Lara Over Car Insurance

Tesla founder and CEO Elon Musk thinks California Insurance Commissioner Ricardo Lara is responsible for high auto insurance rates in the...
 

California Auto Insurance Fraud Investigation Results in Charges for Couple

Edwin Saghian, 51, of Tarzana, California, was arraigned on Monday at the Fresno County Superior Court on five felony counts of insurance...
 
More West News »
 
 

International & Reinsurance

 

'Disturbing' Culture of Sexual Harassment, Racism, Bullying Found at Rio Tinto: Report

A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21...
 

Greenlight Re Innovations Gets 'In-Principle' Nod to Launch Lloyd's Syndicate

Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received "in-principle" approval...
 

Cyber MGA Resilience Forms Captive Insurer in Bermuda

Cyber insurance and security provider Resilience Cyber Insurance Solutions has created a captive reinsurance company. Through the...
 

MGA Aqueous Secures New Professional Indemnity Capacity From Great American Int'l

Aqueous Underwriting has secured increased capacity under plans to expand its foothold across the UK professional indemnity insurance...
 

Arthur J. Gallagher & Co. Acquires UK Broker Devitt Insurance Services Ltd.

Arthur J. Gallagher & Co. announced the acquisition of Romford, Essex-based Devitt Insurance Services Ltd. in the United Kingdom. Terms...
 

Chaucer Forms Renewable Power Team in Move to Expand Energy Division

Specialty re/insurance group Chaucer announced the creation of a dedicated team for Renewable Power as part of plans to broaden its...
 

Chile Insurtech Startup Betterfly Plans Overseas Expansion After $125M Funding Round

Chilean insurance-tech startup Betterfly plans to expand overseas after its latest funding round swelled its valuation to $1 billion. The...
 

Twitter Files Lawsuit Against German Rule for Online Reporting

Twitter has taken legal action against a rule, coming into force in Germany from Tuesday, that obliges social media firms to block or...
 

People Moves: Chubb Hires Global Aerospace's Abbott; Brit Names Chaganty as Chief Data Officer; WTW Taps Marsh's Gardner for GB Renewable Energy & Power Team

This edition of International People Moves details appointments at Chubb Global Markets, Brit Ltd. and Willis Towers Watson. A summary of...
 
More International & Reinsurance News »
 
 
 
 
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Insurance Journal Blogs and Columns

 

3 Reasons Insurance Professionals Should Read "Pay Up"

There is definitely one thing that you could accurately accuse me of, being behind in my reading. There is a bookshelf across from my...
 
More Blogs »
 
 

Research and Webinars

 
research

The Ultimate Tax Savings Guide For Insurance Agents

Tax season is here, and as an insurance agent, there are many unique tax strategies available that will help you maximize your...
 
research

The Connected Insurance Agent Advantage

Discover how agents can use modern communication tools to personalize their experience at scale. As the face of insurance...
 
research

Risk Management Checklist: Are you helping your clients navigate their critical areas of risk?

Use this tool to keep track of all the areas of risk your clients might be exposed to and ensure you're helping cover them all....
 
research

2021 Warranty Survey Report

The Warranty Survey report takes a deeper dive into data, such as: Who is most likely to have purchased an extended warranty in...
 
research

Small Business Safety and Health Handbook

Small business owners want to ensure their workers go home safe and healthy at the end of the day. However, small businesses...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 40: EPL Challenges for Cannabis Include High Turnover

Employment practices liability is tough across pretty much all industries. As cannabis...
 
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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...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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