Insurance Journal
 
 

Today's Headlines

 
July 5, 2022
 
 

National

 

Robots May Reduce Physical Injuries But Raise Substance Abuse, Mental Health Issues

Automation enhances industry, but it's harmful to the mental health of its human co-workers. A University of Pittsburgh study suggests...
 

Midyear Prop-Cat Reinsurance Capacity Down For First Time in Decades: Aon

For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July...
 

Rates Increases Steady in Q2: MarketScout

MarketScout said commercial property/casualty rates in the U.S. during the second quarter 2022 were about the same as the first quarter,...
 

Markets/Coverages: Physicians Mutual Unleashes Pet Insurance; Allianz Expands Cyber Capacity for Coalition

Physicians Mutual Launches Pet Insurance Physicians Mutual has launched pet insurance for dogs and cats. Physicians Mutual Pet is the...
 

Explainer: Will U.S. Supreme Court EPA Ruling Rein in Federal Regulators?

The U.S. Supreme Court on Thursday curtailed the Environmental Protection Agency's ability to restrict greenhouse gas emissions from...
 

Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data

Betterview Analytics Now Offered via OneShield Property data firm Betterview, which serves property/casualty insurance companies, is now...
 

The Balancing Act of Insurance Regulation

Insurance regulation in the United States is overly complicated, unreasonably difficult, and at times it's totally politically motivated...
 

Mental Health and Social Detriments of Health

The pandemic has led to a rise in mental health-related workers’ comp claims for first responders, according to Safety National’s...
 

How to Deal With CEOs and Other Risk Deniers

When a cognitive bias expert gave the keynote address at a Casualty Actuarial Society meeting in May, he called...
 
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Insurance Jobs

 

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

 

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

 

Agency Controller - Quantum Assurance International - Remote

 

COMPLEX GL ADJUSTER: NATIONAL CASUALTY EXPERIENCE - Gramercy Risk Management - Remote

 

Client Manager - Employee Benefits - Innovative Outsourcing - Dunwoody, Georgia, Northeast of Atlanta - Hybrid

 
 
 

Featured Events

 
The 30th Annual ICT/AFACT Property and Casualty Insurance Symposium

The 30th Annual ICT/AFACT Property and Casualty Insurance Symposium

July 20 - July 21 / Austin, TX
 
Future of Insurance Canada 2022

Future of Insurance Canada 2022

September 13 / Toronto, Canada
 
 
 

East

 

Gang Members Charged With Violent Takeover of New York Fire Mitigation Industry

FBI, Homeland Security and New York police officials have charged nine defendants including gang members with a violent racketeering and...
 

New York Overhaul of Gun Rules Expected to Draw Legal Challenges

New York lawmakers approved a sweeping overhaul Friday of the state's handgun licensing rules, seeking to preserve some limits on...
 

Lawsuits Over Sex-Assaults Advance Against Virginia School System

FALLS CHURCH, Va. -- A pair of lawsuits that for years has plagued Virginia's largest school system with allegations that it ignored...
 
More East News »
 
 

Midwest

 

Lawsuits Filed After Deadly Missouri Amtrak Crash

The first lawsuits have been filed only days after an Amtrak train collision and derailment in rural Missouri that left four people dead...
 

Marsh & McLennan Acquires Illinois' CS Insurance Strategies

Marsh & McLennan Agency LLC acquired CS Insurance Strategies, full-service insurance broker based in Chicago. CS Insurance Strategies was...
 

Family of Boy Killed in Iowa Amusement Park Accident Sues Facility

The family of an 11-year old boy who died on a water ride at an Iowa amusement park a year ago filed a wrongful death lawsuit in state...
 
More Midwest News »
 
 

Southeast

 

Insurer's Good Deed Restarts the Clock on Benefits, Carolina Appeals Court Finds

Insurers might say this one falls in the category of "no good deed goes unpunished." In a workers' compensation decision published today,...
 

Drug Distributors Prevail in $2.5 Billion West Virginia Opioid Case

Major U.S. drug distributors McKesson Corp., AmerisourceBergen Corp., and Cardinal Health Inc. are not responsible for fueling an opioid...
 

Florida Workers' Comp Admin, Second-Injury Fund Fees to Remain Steady for 2023

The surcharge for Florida's Workers' Compensation Administration Trust Fund and for the second-injury fund will remain the same for 2023...
 

Georgia Construction Company Must Remain Defendant in Wetlands Suit, Court Finds

A federal court in Georgia has refused to dismiss a construction company from a lawsuit over wetlands violations, even though the company...
 
More Southeast News »
 
 

South Central

 

Austin, Texas Officials Report At Least 90 Fires From July 4th Celebrations

The Austin, Texas fire department reported at least 90 fires the night of July 4th in spite of a fireworks ban ordered by Austin and...
 

Texas Manufacturing Company Fined $400,000 Over Worker's Injuries

A federal workplace safety investigation found that a temporary worker suffered serious injuries on Jan. 3, 2022, after being struck by a...
 

People Moves: Gray Insurance Co. Names Boudreaux as President; Beacon Hill Adds Radcliffe, Skiles

The Gray Insurance Company Names Borne "Paul" Boudreaux, III as President The Gray Insurance Company announced that Borne "Paul"...
 
More South Central News »
 
 

West

 

Arthur J. Gallagher Acquires Surety Associates of Southern California

Arthur J. Gallagher & Co. acquired La Mesa, Calif.-based Wrightman, Inc., doing business as Surety Associates of Southern California...
 

California Governor Acting to Advance Wildfire Recovery

California Gov. Gavin Newsom proclaimed states of emergency in Santa Barbara and Monterey counties on Friday to help the process of...
 

Cyber Experts Say California Lacked Safeguards for Gun Owner Data

Cybersecurity experts say the California Department of Justice apparently failed to follow basic security procedures on its website,...
 

California County Paying $8.1M for Unarmed Man's Death

San Diego County will pay $8.1 million to the family of an unarmed man who was shot in the back by a sheriff's deputy after he jumped out...
 
More West News »
 
 

International & Reinsurance

 

Shipowners That Still Transport Russian Crude Are Reaping Big Rewards

A handful of shipowners still willing to transport Russian crude are reaping big rewards on at least one route as others shun the trade....
 

Torrential Rain Brings More Flooding to Sydney, Forcing Thousands to Evacuate

Thousands of people on the outskirts of Sydney were told to leave their homes or prepare to evacuate as days of torrential rain leads to...
 

Typhoon Sinks Ship Southwest of Hong Kong, Killing at Least 12 Crewmembers

Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel snapped in...
 

What Is Causing Australia's Incessant Rain?

MELBOURNE -- Torrential rain is lashing Australia's southeast coast, forcing thousands of people from their homes because of the danger...
 

Italian Court Turns Down Request to Lift Freeze on Russian Businessman's Yacht

ROME - An Italian court has thrown out requests to unfreeze billionaire Alexey Mordashov's yacht which was seized by the police as part...
 

Stricken Bulk Carrier Remains Stranded Near Sydney as Rescue Efforts Fail for 21 Crew

Twenty-one crew members remain aboard a bulk carrier which lost power in turbulent waters near Sydney, after overnight rescue attempts...
 

Howden Buys New Zealand Broker Wallace McLean

Howden, the London-based insurance broker, announced the acquisition of Wallace McLean, which further strengthens its local expertise and...
 

 

 
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Insurance Journal Blogs and Columns

 

Bad Business

It's no secret. The leading cause of an agency errors and omissions claim continues to be "failure to procure coverage." But that's not...
 

NYC, Miami, Tampa, New Orleans Top Regions Among Storm-Surge Exposed Cities

New York, Miami, Tampa and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge...
 

Report: 72% of Gulf Coast Homes Have Roofs Susceptible to Hurricane Damage

Arturo released its inaugural report "Hurricane Exposure: The State of Gulf Homes" that analyzes more than 17 million homes across the...
 

Oregon Business Groups Sue Over Heat and Smoke Worker Protections

Some Oregon business groups are suing over the state's new job site rules mandating that employers take steps to protect workers from...
 
More Blogs »
 
 

Research and Webinars

 
research

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

The Power of a Network Partnership for Independent Agents

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks 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...
 
research

A Data-Driven Guide to Improving Workplace Safety

Data and analytics not only help develop preventative safety measures, but predictive safety measures as well. See how leading...
 
research

The Very Real Costs of Doing "Business As Usual"

AgentSync's Guide to the Price of "Business as Usual" in the Insurance Industry When an insurance organization considers adding...
 
More research and webinars »
 
 

Insurance Journal TV

 
adv

EP. 51: Insuring Cannabis Seeds Specialty Promises to Grow

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

EP. 40: Hey Siri, What's Next for AI and Robotics in Insurance?

A lot has changed in the world of automation since Apple first launched its virtual assistant,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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