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Today's Headlines

 
February 22, 2022
 
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National

 

Sandy Hook Families to Focus on Gun Marketing After $73M Settlement

After agreeing to a $73 million lawsuit settlement with gun-maker Remington, the families of nine Sandy Hook Elementary School shooting...
 

Purdue's Sackler Owners Propose Up to $6 Billion Opioid Settlement

The Sackler family owners of Purdue Pharma LP have proposed a new and larger settlement worth up to $6 billion to resolve allegations...
 

Meta's Facebook to Pay $90 Million to Settle Privacy Lawsuit Over User Tracking

Facebook agreed to pay $90 million to settle a decade-old privacy lawsuit accusing it of tracking users' internet activity even after...
 

Only 3% of Employees Want to Return Full-Time to Their Offices: Survey

Just 3% of white collar workers want to return to the office five days a week, according to a poll by management consultancy Advanced...
 

COVID Underscores Lack of Whistleblower Protections

Originally posted on Stateline, an initiative of The Pew Charitable Trusts. Inside a partially completed Amazon warehouse here, workers...
 

Paying More for Experienced Hires? Be Prepared for Pay Equity Challenges

After a year when insurers couldn't hire new staff as quickly as people left their jobs, carriers are paying up to...
 
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Featured Events

 
Future of Insurance USA 2022

Future of Insurance USA 2022

June 14 / Chicago, IL
 
 
 

East

 

Massachusetts Hospital Settles for $14.6M Over Billing for Overlapping Surgeries

Massachusetts General Hospital will pay $14.6 million to settle a lawsuit that alleged overbilling for double-booked surgeries that were...
 

Maine Eyes Additional Funding to Fight 'Forever Chemicals'

Maine lawmakers are going to consider more funding to fight "forever chemicals" as more farms discover contamination. Perfluoroalkyl and...
 

Officials Quarantine New York Site After Bird Flu Detected

A highly pathogenic avian influenza has been detected in a non-commercial backyard flock of birds on Long Island in New York, federal...
 

People Moves: Johnston, Skiba Join Irwin Siegel; MEMIC Adds Newton, Cosey; O'Neill Joins McGriff

Irwin Siegel Adds to Executive Management Team Rock Hill, New York-based program manager Irwin Siegel Agency (ISA) announced two...
 
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Midwest

 

Fundamental Underwriters Expands Commercial Trucking Product Into Three More States

Fundamental Underwriters, a specialty managing general underwriter, announced today that it would expand its mid-market commercial...
 

Homeowners of America Expands Into Missouri

Homeowners of America, a property and casualty insurance provider and subsidiary of Porch Group, Inc., has launched service in Missouri...
 

Jury Sides With Dubuque, Iowa Firefighter in Harassment Lawsuit

A Dubuque firefighter who sued the city for sexual harassment and gender discrimination has been awarded $575,000 in damages. Jami Boss...
 

Bird Flu Found at Fourth Indiana Turkey Farm

Avian influenza has been detected in a fourth commercial poultry flock in southern Indiana, state officials said Feb. 19. Laboratory...
 
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Southeast

 

New Lending Rules Could Stifle Loans, Insurance for Florida Condos that Need Repairs

Just as some insurers have tightened requirements for underwriting high-rise condominiums in the wake of the Champlain Towers collapse in...
 

Miami Lawyer and Former Teacher Hospitalized after Copter Crash on Miami Beach

Two people, including a Miami attorney, are recovering in a hospital after a helicopter they were in crashed Saturday into the water just...
 

Proposal Aims to Raise Level of New Roads, Homes in Miami Area

Miami-Dade officials are set to consider new county requirements that would raise the minimum building level to 6 feet as sea levels rise...
 

Brown & Brown Going Tech Route with Everbridge Early Warning Systems

Florida-based Brown & Brown, one of the largest independent insurance brokers in the U.S., this year will begin offering customers...
 

Alabama House Could Vote Today to End Permit Requirement for Concealed Guns

The Alabama House of Representatives could vote as soon as today on legislation to do away with the requirement for a person to get a...
 

People Moves: Groenheide to New Paradigm in Florida

Matt Groenheide, previously with GuideOne Insurance, HDI Global and Zurich, has joined New Paradigm as senior vice president and director...
 
More Southeast News »
 
 

Insurance Jobs

 

Senior Program Underwriter - VGM Group, Inc. - Waterloo, Iowa

 

Underwriter - VGM Group, Inc. - Waterloo, Iowa

 

Personal Lines Insurance Account Manager - B.H. Gold Insurance Agency - San Diego, CA - plus remote option

 

Part Time Account Executive - IDR Specialty - Wexford, PA

 

Medical Claims Examiers - International Medical Group - Remote

 
 
 

South Central

 

Louisiana Department of Insurance Issues Regulatory Actions Against Four Agents

The Louisiana Department of Insurance (LDI) has issued a series of regulatory actions, including cease-and-desist orders, license...
 

Fundamental Underwriters Expands Commercial Trucking Product Into Three More States

Fundamental Underwriters, a specialty managing general underwriter, announced today that it would expand its mid-market commercial...
 

Three in Louisiana's Camp Minden Explosion Case Owe $140K to $34.8 Million Restitution

Three of the men who pleaded guilty in connection with what a prosecutor called the nation's worst dumping of explosives still owe...
 

Popular Tulsa, Oklahoma Restaurant, Music Venue Burns

A popular Tulsa barbecue restaurant that also served as a music venue has burned, fire officials said. BurnCo Barbecue was reported on...
 
More South Central News »
 
 
 
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West

 

Foresight in California Expands Workers' Comp Class Codes for Agribusiness, Construction, Manufacturing

San Francisco, California-based Foresight, a workers' compensation insurtech focused on the middle market, announced the expansion to...
 

California Becomes First State to Adopt 'Endemic' Virus Policy

California became the first state to formally shift to an "endemic" approach to the coronavirus with Gov. Gavin Newsom's announcement of...
 

Lawsuit: Faulty Equipment Killed California Firefighters

The families of two California firefighters killed in a 2020 blaze are suing several makers of life-saving equipment for negligence,...
 

Downtown Los Angeles Commercial Building Damaged by Fire

An intense fire burned a downtown Los Angeles commercial building early Friday. More than 100 firefighters were brought in to battle the...
 
More West News »
 
 

International & Reinsurance

 

UK to Ease Solvency II Insurance Capital Rules to Unlock 'Billions of Pounds'

Britain will unlock "tens of billions of pounds" of insurance sector capital that should boost the economy through infrastructure...
 

Porsches and Lamborghinis Lost at Sea in Cargo-Ship Fire Could Cost $155 Million

The cargo ship that caught fire last week carrying about 4,000 Volkswagen AG vehicles could cost the automaker at least $155 million,...
 

EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna Insurance

Hungary was ordered by the European Union to cancel its decision to block the sale of Dutch insurer's Aegon NV's local unit to Vienna...
 

Prospective Investors in Giant LIC IPO Worried About Gov't Control of Insurer: Sources

Prospective investors in Life Insurance Corp. of India's (LIC) $8 billion IPO are seeking assurances from company management that it will...
 

Allianz Fires 2 Asset Managers Who Ran Group of Collapsed Investment Funds

Allianz ALVG.DE has dismissed two asset managers who oversaw a group of investment funds that collapsed after racking up massive losses...
 

Chinese Authorities Tell Banks, State-Owned Firms to Report Exposure to Ma's Ant Group

Chinese authorities told the nation's biggest state-owned firms and banks to start a fresh round of checks on their financial exposure...
 

People Moves: Insurtech BOXX Canada Hires Beazley's Baker as President; Williams Takes Role of M.D., Hiscox Guernsey; AXA XL Names Wells U/W, Marine - UK & Lloyd's

This edition of International People Moves details appointments at insurtech BOXX Insurance, Hiscox and AXA XL. A summary of these new...
 

Update: Ship Carrying Porsches, Audis and Bentleys Catches Fire Near Azores

The Felicity Ace, a massive cargo ship carrying thousands of Volkswagen Group vehicles, caught fire near the Azores islands in the...
 
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Insurance Journal Blogs and Columns

 

Market Your Agency to Build a Profitable Book of Surety Bond Business

This post is part of a series sponsored by Old Republic Surety. Do you want to build a book of surety business at your agency, but you're...
 
More Blogs »
 
 

Research and Webinars

 
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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...
 
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Real Stories of Success from Agents Making Change

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
research

Three Keys to Differentiating Your Brokerage

In an increasingly crowded and commoditized market, brokers are faced with minimal customer loyalty and look to differentiate...
 
research

Travelers Ins. Adopts Personalization Strategy to Support the Agent-Policyholder Relationship

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....
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 42: Cannabis Supply Chain Risks Worth Tripping Over

Everyone knows about supply chain management nowadays thanks to the pandemic, with shelves...
 
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EP. 31: More Than a Conversation: Cyber, Insurance Pros Say Building Diversity Means Taking Action

The cybersecurity and insurance industries have been talking about prioritizing diversity,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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