Insurance Journal
 
 

Today's Headlines

 
January 4, 2022
 
Today's Headline Sponsor: Risk Placement Services (RPS)
 
 
 
adv
 
Hackers Gonna Hack
 
Be prepared with insights from the Cyber Market Outlook.
 
Learn More
 
Risk Placement Services
 
 
 
 

National

 

COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden

Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind Hurricane...
 

Verizon, AT&T Agree to 2-Week Delay in 5G Deployment

Verizon Communications and AT&T Inc. said late on Monday they had agreed to a two-week delay in deploying C-Band wireless spectrum,...
 

How to Create a Hybrid Workplace and Office Culture

Businesses figured out how to work remotely on the fly when COVID-19 rapidly disrupted their ways of working. Those planning to adopt a...
 

People Moves: Sterling Becomes RIMS President; Hughes Becomes President of Kimball Hughes PR; Hampshire Heads CPCU Leadership Council

RIMS Introduces 2022 Officers and Directors Patrick Sterling will lead RIMS, the risk management society, as president for the 2022 term....
 

Judge Orders Mediation for Purdue Pharma, Sacklers, States Over Opioid Settlement

A U.S. judge on Monday ordered mediation in the Purdue Pharma bankruptcy, calling for the company, the Sackler family members that own it...
 

2022 Holds Promise for Insurance Agents and Digital Carriers

Technology will continue to influence changes in insurance markets in 2022, especially among agents and digital carriers. So say the...
 

January Renewals 'Orderly' but Loss-Affected Programs Saw More Challenges: Carpenter

The January 1 renewals saw "ample capacity" for many lines, although reinsurers adjusted their risk appetite and pricing "for certain...
 

Future of Surety: Why the Industry Needs Knowledge Transfer and Education Now

Surety requires a highly complex and specialized form of underwriting. It is also an excellent career path for those who thrive on complex...
 

8 Substances Added to Report on Carcinogens

Eight substances have been added to the Report on Carcinogens, bringing the total list to 256 substances that are known...
 
More National News »
 
 

Insurance Jobs

 

Sales Manager - National Real Estate Insurance Group - Kansas City, MO metro area

 

Training Specialist - National Real Estate Insurance Group - Kansas City, MO metro area

 

Private Client Services Account Manager - CAL Insurance & Associates, Inc. - Remote or San Francisco, CA

 

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

 

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

 
 
 

East

 

Global Re Must Pay Litigation Costs Beyond Policy Limits, Federal Appeals Court Holds

A federal appeals court has upended case law for reinsurers in New York, declaring that policy limits don't extend to litigation costs...
 

Philadelphia, New Jersey Contractors Face Total $537K in Penalties for Safety Hazards

On May 24, 2021, inspectors with the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) observed roofing...
 

Glatfelter Insurance Group Appoints Altshuler as Chief Actuary

Glatfelter Insurance Group, an AIG company, appointed Rocklyn Altshuler as chief actuary. In his new role, Altshuler's key...
 

World Insurance Associates Acquires Pennsylvania's PLA Insurance Services

World Insurance Associates LLC (WIA) acquired PLA Insurance Services (PLA) of Harrisburg, Pennsylvania, on December 1, 2021. Terms of the...
 

Home Insurtech MGA Hippo, Topa Insurance End Their 3-Year Partnership

Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, a technology-driven managing general agency offering homeowners...
 
More East News »
 
 

Midwest

 

Nebraska Fire Kills Two Boys, Critically Injures Mom

Two boys died and their mother remained in critical condition after a weekend apartment fire in Omaha. Omaha Police said Jan. 3 that...
 

Judge Approves Partial Settlement in 2018 Fatal Shooting by Kansas City Police

A federal judge has approved a partial settlement of a lawsuit filed by the parents of a man who was shot and killed by Kansas City...
 

Judges Send Iowa Tyson Workers' Virus Lawsuit Back to State Court

A federal appeals court has ruled that Tyson Foods can't claim it was operating under the direction of the federal government when it...
 
More Midwest News »
 
 

Southeast

 

Could New Florida Appeals Court Help on Insurance Litigation?

The Florida Supreme Court's call for an additional appellate court and six - now seven - new judges in the state has met with mixed...
 

Patient Info Exposed After Data Breach at South Florida Hospital System

Hackers broke into a South Florida hospital system's computer network in October, potentially exposing patients' pesonal information,...
 

Business Moves: Gallagher, Acrisure, Liberty Acquire New Firms

Gallagher Buys PEO Insurer in Florida Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, announced that it...
 
More Southeast News »
 
 

South Central

 

Oklahoma Housing Agency to Settle Federal Race Discrimination Lawsuit for $75K

The Justice Department announced that it has obtained a settlement agreement with the Housing Authority of the Town of Lone Wolf,...
 

People Moves: ARM Adds Ingram, Rudolph as Senior ERM Consulting Actuaries; USG Promotes Capo

Actuarial Risk Management Adds David Ingram and Max Rudolph as Senior Expertise Risk Management Consulting Actuaries Texas-based...
 

Zurich Acquires Texas-Based Special Insurance Services

Zurich American Insurance Company, a subsidiary of Zurich Insurance Group, has completed the acquisition of Special Insurance Services,...
 
More South Central News »
 
 

West

 

2 Still Missing in Colorado Wildfire; Cause Under Investigation

Search teams looked for two missing people in the smoldering debris from a massive Colorado wildfire while people who escaped the flames...
 

Oregon Fire Damaged More Than 20 Businesses

Authorities say a fire early Sunday in Hillsboro, Oregon, impacted about 20 to 25 businesses. Shortly after 3 a.m., Hillsboro...
 

Unfinished Business Awaits California Lawmakers

California lawmakers are flush with money and unfinished business from last year as they returned to the state Capitol on Monday, but...
 
More West News »
 
 

International & Reinsurance

 

COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden

Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind Hurricane...
 

Cyber Insurtech Corvus Buys Lloyd's Coverholder Tarian Underwriting Ltd.

Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat...
 

European Floods in Mid-July Cost Insurers $12B, Topping Non-U.S. Events in 2021

The most significant non-U.S. loss event in 2021 was the mid-July flooding in Western Europe, according to CRESTA, the Zurich-based...
 

UK Broker Aston Lark Acquires Mainstay Insurance

Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced the acquisition of UK broker Mainstay...
 

Foxconn Unlikely to Reopen India iPhone Manufacturing Facility Until Jan 7: Official

Apple Inc supplier Foxconn is unlikely to reopen its shuttered iPhone manufacturing facility in southern India until Jan. 7, a senior...
 

China Evergrande's Investors Protest, Shouting 'Return Our Money!'

GUANGZHOU, China - Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company's offices...
 

People Moves: Mosaic Hires BHSI's Dilley to Lead Financial Institutions; BMS Re Names Guy Carpenter's Gomez as EVP, LatAm & Caribbean

This edition of International People Moves details appointments at Mosaic Insurance and BMS Re. A summary of these new hires follows...
 

Investors Demand $2.5B in Possible German Class Action Over Bayer's Monsanto Deal

Investors are demanding around 2.2 billion euros ($2.5 billion) from Bayer as part of a possible class action lawsuit in Germany over the...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

Insurance Issues in 2022 - What to Expect

Unusual loss trends in 2021 called on the property & casualty insurance industry to play its role as the economy's financial first...
 
More Blogs »
 
 

Research and Webinars

 
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

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

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...
 
More research and webinars »
 
 

Insurance Journal TV

 
adv

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...
 
adv

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 »
 
 
 
Contact us | Subscribe | Send to a Friend
 
This email was sent to newsletter@newslettercollector.com.
 
Don't want this anymore? Update your subscription or unsubscribe from all lists.
 
Insurance Journal
3570 Camino del Rio North, Suite 100
San Diego, CA 92108
(800) 897-9965
Insurance Journal | Claims Journal | MyNewMarkets | Academy Of Insurance | Carrier Management