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June 14, 2022
 
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National

 

Keeping Up With Demand for Cybersecurity Professionals

The pressure was on. Someone, somewhere, was attacking computer systems so customers couldn't reach certain websites. In a windowless...
 

Deutsche Bank Investors Can Sue in U.S. Over Epstein, Russian Oligarch Ties

A U.S. judge on Monday said shareholders can sue Deutsche Bank for allegedly hiding shortfalls in its internal controls while doing...
 

Medical Professional Liability Insurance Market Improves but Still Unprofitable

The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined...
 

Oracle Corp. Women Stumble in Pay Bias Suit While Google Cuts a Deal

Women at Oracle Corp. suing over alleged pay disparities took a big step backward, while more than 15,000 female workers at Google...
 

Sterling Jewelers Reaches $125 Million Settlement in Long-Running Sex Bias Case

Sterling Jewelers Inc. agreed to pay $125 million to roughly 68,000 female retail sales workers who sued the company 14 years ago...
 

Binance U.S. Exchange Sued by Crypto Investor Over Stablecoin Collapse

Binance U.S. and its CEO were sued on Monday by a U.S. investor who alleges the cryptocurrency exchange falsely marketed Terra USD as a...
 

Markets/Coverages: BTIS and RLI Cater to Home-Based Businesses; Cover Genius Targets Midsize Retailers with Warranty App

BTIS Partners With RLI to Offer Nationwide Home-Based Business Insurance Managing general agent Builders & Tradesmen's Insurance Services...
 

A Paradigm Shift, from ‘Buying Insurance’ to ‘Selling Risk’

Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a...
 

Emerging Risks Gun Liability Subpar Building Codes And More

In this edition of Risk Alerts: the shifting gun liability landscape, outdated building codes, and the possibility of a...
 
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East

 

New York Faces Skeptics As It Tries to Get Gunmakers to Adopt Microstamping

New York is the second state to enact a law intended to force firearms manufacturers to adopt microstamping, a technology in which guns...
 

Small Business Digital Agency Coterie Enters New York; Now in All States

Coterie Insurance, a small business insurtech, announced its expansion into New York State. With the addition of New York, Coterie...
 

Officials Investigating Another Construction Worker Death in Boston

One person died in a construction accident in Boston last Thursday morning and a second person was taken to the hospital, police said....
 

Franchise Model Britely Insurance to Acquire Empire State Brokerage

Florida-based Britely Insurance reports it has agreed to acquire the assets of Empire State Brokerage Services, a Plainview, New York...
 
More East News »
 
 
 
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Midwest

 

South Dakota Hotel Owners Sued by Relative Over Social Media Post

The owners of Rapid City, South Dakota hotel are facing a lawsuit over a social media post by one of them that promised to ban Native...
 

Storms Damage Kansas State University Sorority House

Strong winds and storms forced crowds who gathered in a rural Kansas field for a symphony performance to evacuate and damaged a sorority...
 

Omaha National Opens New Headquarters

Omaha National Group, Inc. announced the opening of its new headquarters in Omaha, Nebraska, at 9110 West Dodge Road. The redesigned...
 
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Southeast

 

Florida Plaintiffs Claim Victory After Dropping Suit to Block SB 76's Solicitation Ban

When the Florida Legislature approved Senate Bill 76 last year, with its restrictions on homeowner solicitation by roofing contractors,...
 

Three Teens Arrested in Fire That Burned 3 Historic Homes in Georgia

Police charged three boys with arson in fires that destroyed three historic homes in an Atlanta suburb over the weekend. Two 14-year-olds...
 

Nashville Airport Plans to Spend $1.4 Billion on Expansion

Nashville International Airport officials have announced a plan for $1.4 billion in improvements by late 2028. A news release from the...
 

1971 Georgia Thiokol Plant Explosion That Killed 29 Now Largely Forgotten

A half-century ago, an explosion ripped through a Georgia factory that made flares for use by the Army in the Vietnam War, killing 29...
 
More Southeast News »
 
 
 
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South Central

 

5th Circuit Allows Insurer to Recoup Payment for Damage to Docking Facility

A doctrine that prevents parties from seeking reimbursement for intangible economic losses caused by maritime negligence doesn't prevent...
 

Louisiana Dept. of Insurance Amending 5 Regulations

The Louisiana Department of Insurance (LDI) said in the last two weeks it intends to amend at least five regulations. The LDI seems to...
 
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West

 

$1.5M Settlement for Washington Police Chief Who Displayed Nazi Insignia

A suburban Seattle, Washington, city will pay more than $1.5 million to settle a dispute with a former assistant police chief who was...
 

Forecasters Issue Flood Watch for Columbia River in Washington

Unusually heavy rain and a melting snowpack have pushed the Columbia River to near flood stage from Vancouver to Longview, according to...
 

Safety Board Says Broken Rail Probably Caused Arizona Train Derailment

A broken rail was the probable cause of a fiery freight train derailment and subsequent bridge collapse in Arizona nearly two years ago,...
 

Arizona Wildfire Growing, Forces Evacuations

Evacuations are in effect in parts of northern Arizona as a wildfire about 6 miles north of Flagstaff steadily grew Sunday, authorities...
 
More West News »
 
 

Insurance Jobs

 

Commercial Producer - Partner Insurance Advisors, Inc. - Fairfax, VA

 

Personal Lines Insurance Agent - San Diego, CA (Hybrid or in-office) - B.H. Gold Insurance Agency - San Diego, CA

 

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

 

Surplus Lines Tax Filings / Compliance - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Business Development Manager - Intact Insurance Specialty Solutions - Atlanta, GA, Chicago, IL, or Remote

 
 
 

International & Reinsurance

 

Russia's Sakhalin 1 Oil Operations Disrupted by Western Sanctions on Insurance: ONGC

Operations at Russia's Sakhalin 1 oil project will continue to face disruptions for "a couple of months" as Western sanctions have hit...
 

Many Business Leaders Feel Unprepared for Growing Geopolitical Risks, Inflation

Many business leaders feel unprepared for growing geopolitical risks and inflation, according to a report published by Beazley. "Across...
 

India's LIC Loses $17 Billion in Market Value After IPO

An eye-popping $17 billion wipeout in market value has made Life Insurance Corp. of India one of the biggest wealth destroyers among...
 

Berkshire Hathaway Specialty Insurance Introduces D&O Insurance Policy in France

Berkshire Hathaway Specialty Insurance (BHSI) announced it has introduced a proprietary directors & officers insurance policy in France....
 

People Moves: McMurdo to Succeed Blanc as SCOR's CEO of Reinsurance; HDI Global Promotes Hullin to Lead Industrial Lines Division After Wohlthat Retires

This edition of International People Moves details appointments at SCOR and HDI Global. A summary of these new hires follows here....
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

2 Hurricane Season Tips

June 1 marks the beginning of the most insurance-y time of the year. It's the beginning of the annual Atlantic Hurricane Season. Oh yes....
 
More Blogs »
 
 

Research and Webinars

 
research

Behind the Scenes of the Fastest Home & Auto Rollout in Modern Insurance History

Branch Insurance expanded into 14 states in just 1 year. Tune in live on June 22 at 10am Pacific for a behind-the-scenes look at...
 
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

It's Shaping Up to Be the Best E&S Lines Market in U.S. History

It's shaping up to be the best E&S lines market in U.S. history. Are you realizing the benefits? In this whitepaper, we'll...
 
research

Bird's-Eye View: How Property Insurers Are Using Aerial Data

"They got planes in the air, and we had pictures the next day... before we could even get claim adjusters in there." - Tier 1...
 
research

Navigating a Sea of Uncertainty: 5 Reasons to Select a Cargo Policy

Port accumulation and trans-shipment delays. Extreme weather events. Fires at sea. These are just a few interconnected yet...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 48: Growing Cannabis Lounge Buzz Across U.S. Cities Calling to Insurers

Several insurance professionals who specialize in cannabis are getting more calls about...
 
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EP. 37: Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive

As the InsurTech industry approaches the next wave of innovation, experts say this could mean...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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