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July 19, 2022
 
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National

 

Meta VR Rival Claims It Was Obliterated When Facebook Took Its Name

A Meta Platforms Inc. rival claims in a federal trademark infringement lawsuit that its business has been obliterated after Facebook...
 

Personal Auto Results Slow to Recover; GEICO, Progressive to Pass State Farm

With an overall combined ratio in excess of 100 for the first time since 2017, private passenger auto joined homeowners in unprofitable...
 

SEC Approves Demotech as Nationally Recognized Statistical Rating Organization

Insurance rating agency Demotech Inc. has become the tenth organization to named a Nationally Recognized Statistical Ratings Organization...
 

Uber Settles Lawsuit Over Disabled Riders, Vows to Waive Fees

Uber Technologies Inc. will pay more than $2 million and waive wait time fees for disabled passengers to settle U.S. allegations that the...
 

U.S. Senate Democrats Plan Bill Aiming to Restore 'Net Neutrality'

Two U.S. Senate Democrats active in internet issues are working on a bill to restore landmark "net neutrality" rules that would bar...
 

Rossini, Suckerman Take New Roles Within Reshuffled AXA XL Cyber Unit

AXA XL's cyber insurance business announced the creation of two new roles and several regional underwriting management appointments....
 

People Moves: Former Lexington Exec Heads to FutureProof; Hourly.io Hires From Markel; Leisz Joins Nationwide E&S; New CIO at Ryan Specialty

San Diego-based FutureProof Technologies has hired Joseph Strickland as head of underwriting. He was previously senior vice president at...
 

Creating Harmony: What Cyber, Insurance Pros Can Learn from Music

Music may not be the first thing that comes to mind when considering the cybersecurity and insurance industries, but these industries could...
 

NEXT, Thimble Latest InsurTechs to Announce Layoffs This Year

NEXT Insurance and Thimble are the latest InsurTechs to lay off part of their workforce this year, with NEXT citing...
 
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East

 

New Jersey High Court: Default Claims Against Insurer Subject to Arbitration

A claimant seeking to recover directly from an insurer on default judgments for claims against the insurer's policyholder, must abide by...
 

Pennsylvania Increases Penalties for Repeat Drunk Drivers

Gov. Tom Wolf signed legislation Monday to increase penalties for motorists who have multiple driving-under- the influence (DUI...
 

Alex Jones Cited Free Speech Rights in Sandy Hook Hoax Lawsuit Deposition

Conspiracy theorist Alex Jones was defiant and cited free speech rights during a lawsuit deposition in April when questioned about...
 

Alera Acquires Vermont's Noyle Johnson Group

Independent agency Alera Group reports it has acquired Noyle Johnson Group, a Vermont agency with offices in Montpelier, Danville and...
 
More East News »
 
 
 
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Midwest

 

Missouri Man Sues Bass Pro for Not Honoring Lifetime Warranty on Socks

A Missouri man says in a class-action lawsuit against Bass Pro that the outdoor outfitter is refusing to honor its lifetime warranty on...
 

Wood-Dulohery to Merge with Kansas' ICI Insurance to Become Wood Insurance Center

Wood-Dulohery Insurance, Inc., with operating locations in Parsons and Pittsburg, Kansas has merged effective July 1, 2022, with...
 
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Insurance Jobs

 

Commercial Lines Carrier Underwriter - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Personal Lines New Business Processor: - Community Insurance CEnter - Oxford, Michigan

 

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

 

Commercial Wholesale Underwriter I - 100% Remote - Topa Insurance Company - Remote

 

Agency Controller - Quantum Assurance International - Remote

 
 
 

Southeast

 

Starbucks Ordered to Pay $9 Million After Florida Woman Hit in Drive-Thru Lane

Starbucks Corp. has appealed a nearly $9 million verdict rendered against it after a customer was struck by a vehicle in the...
 

$24 Million Mold Remediation Starts on Federal Courthouse in Mississippi

Work has begun to renovate a northeast Mississippi federal courthouse long plagued by mold. WTVA-TV reports interior demolition began...
 

People Moving: Matz to Producer's; Rafalko to Hylant

Matz Leaves Tower Hill for Producer's National Donald Matz Jr., the longtime president of Tower Hill Insurance Group in Florida, will...
 
More Southeast News »
 
 

South Central

 

Louisiana Guaranty Fund to Borrow $600 Million to Pay Claims

A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021's Hurricane Ida....
 

Actuarial Committee Recommends No Change in Texas Windstorm Insurance Rates

The Texas Windstorm Insurance Association's Actuarial & Underwriting Committee recommended to the board of directors that there should be...
 
More South Central News »
 
 

West

 

Settlement in Lawsuit over Autistic Utah Boy Dying in Hot Car

A wrongful death lawsuit filed after an 11-year-old autistic boy was left in a hot car while under the watch of a care facility in Utah...
 

California Insurance Commissioner Leaves Workers' Comp Benchmark Rate

California Insurance Commissioner Ricardo Lara on Tuesday adopted and issued a rate for workers' compensation insurance pure premium that...
 

Officials: Fatal Colorado Flood Caused by Quick Downpour on Burn Scar

The area in northern Colorado where a flash flood swept away a camping trailer, killing a woman and a child, received nearly an inch of...
 

Officials Suggest Pipeline Company Hid Problems After Montana Spill

U.S. prosecutors suspect a Wyoming company of potentially concealing problems with a pipeline that broke in 2015 and spilled more than...
 
More West News »
 
 

International & Reinsurance

 

UK Regulator Pushes Insurers to Cut Premiums for Fire-Risk Apartments

Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance following years of...
 

UK Regulator May Lack Bandwidth to Push Post-Brexit Competitiveness: Policymaker

The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive global...
 

New UK Finance Minister Targets Flexibility of Post-Brexit Financial Regs, Solvency II

Britain's government must focus on sound public finances and avoid further fueling inflation by pumping up demand, new finance minister...
 

Record Heatwave Scorches Europe, as Wildfires Continue to Rage in France, Spain

Britain was forecast to see temperatures hit 40C (104F) for the first time on Tuesday after logging its warmest night on record, while...
 

Tesla Sued in Germany Over Car Surveillance Cameras, Carbon Footprint Claims

Tesla Inc. was hit by a lawsuit in Germany over potential privacy concerns linked to its car surveillance cameras and claims that buying...
 

Update: UK Temperatures Hit Record High of 104°F

Temperatures in the UK rose above 40 degrees Celsius (104 degrees Fahrenheit) for the first time as a potentially deadly heat wave nears...
 

Arthur J. Gallagher & Co. Acquires Toronto's Four Corners Group Inc.

Arthur J. Gallagher & Co. announced the acquisition of Toronto-based Four Corners Group Inc. Terms of the transaction were not disclosed....
 

UK Jensten Group Acquires UK Broker Ravenhall Risk Solutions

The Jensten Group has acquired UK broker Ravenhall Risk Solutions for an undisclosed sum. The deal, which is subject to approval by the...
 
More International & Reinsurance News »
 
 
 
 
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Insurance Journal Blogs and Columns

 

5 Helpful Tips for New Surety Producers

This post is part of a series sponsored by Old Republic Surety. Many independent surety bond producers are approaching retirement age. At...
 
More Blogs »
 
 

Research and Webinars

 
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Online Face Verification in Insurance: 5 Ways To Enable Digital Transformation

How can insurance companies use online face verification as part of their digital transformation strategies? Download our report...
 
research

Current Trends and Emerging Threats for Underwriters and the Cyber Insurance Market

This report analyzes the top 99 insurance companies by net premiums written in order better understand their cyber posture and...
 
research

Around the World: Insurance, Climate Change, Disclosures, and Risk

Tune in Thursday, July 14th at 10am PT / 1pm ET for an expert panel discussion hosted by Insurance Journal. Here's what we'll...
 
research

Future-Proof Best Practices for Workforce and Safety Training

When it comes to safety and compliance a comprehensive training program is a must. We have gathered data across industries to...
 
research

Three Visions for Empowering Independent Agents

During the pandemic, Cake & Arrow conducted qualitative research with hundreds of gig workers and small business owners to...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 52: Cannabis Business Plaintiff's Attorney on Miscues That Should Get Insurers' Attention

Michael Sampson may not have a rabid fanbase among insurers and insurance attorneys, but he's...
 
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EP. 51: Insuring Cannabis Seeds Specialty Promises to Grow

The U.S. Drug Enforcement Administration declared in an April memo that cannabis seeds that...
 
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