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Today's Headlines

 
March 29, 2022
 
Today's Headline Sponsor: Risk Placement Services
 
 
 
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Hackers Gonna Hack
 
Be prepared with insights from the Cyber Market Outlook.
 
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National

 

FDA Green Lights 2nd Booster of Pfizer/BioNTech, Moderna COVID Shots for Older Americans

The U.S. Food and Drug Administration on Tuesday authorized a second booster dose of the two most commonly used COVID-19 vaccines for...
 

NHTSA to Review if Pony.ai Complied With Crash Reporting Order

The National Highway Traffic Safety Administration (NHTSA) on Tuesday said it will review whether startup technology firm Pony.ai...
 

Consumer Group Demands Probe After Reports of Alleged Bias at State Farm

A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after...
 

Supreme Court Agrees to Hear Fair Use Copyright Claim Over Warhol's Paintings

In a case that could help clarify when and how artists can make use of the work of others, the U.S. Supreme Court on Monday agreed to...
 

Johnson & Johnson to Suspend Supply of Personal Care Products to Russia

Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that have limited their...
 

AIG's Life and Retirement Unit Files for IPO

The holding company of U.S. insurer American International Group Inc.'s life and retirement business, SAFG Retirement Services Inc.,...
 

Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re

Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property...
 

Stop the Deluge: Why Leaders Should Rethink Project Management

After much deliberation and seemingly endless back-and-forth, strategic goals and objectives for the year are now set....
 
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East

 

No Doctor's in the House. Johns Hopkins Engineers Building Robot Surgeon.

In a high-tech lab on Johns Hopkins University's Homewood campus in Baltimore, engineers have been building a robot that may be able to...
 

Judge Dismisses Case Over High-Frequency Trading Led by Providence, Boston Pension

A federal judge on Monday dismissed long-running litigation accusing seven U.S. stock exchanges of defrauding ordinary investors by...
 

New Hampshire Seeks Insurer for Voluntary Family Medical Leave Plan

New Hampshire is looking for a commercial insurance carrier to fully insure and administer the Granite State Paid Family and Medical...
 

Trucker in Maine Fatal Crash Says Other Vehicle, Not Netflix, Distracted Him

PORTLAND, Maine (AP) --A trucker was streaming Netflix when his tractor-trailer struck a car, killing a retired couple in Maine,...
 
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Midwest

 

Chicago Officials Approve $1.7 Million Settlement in Civil Rights Suit

The Chicago City Council has voted to pay nearly $1.7 million to five people, including a Black woman who said police dragged her from a...
 

People Moves: POWERS Promotes Pair; TigerRisk Adds Tuttle in Minnesota

POWERS Insurance & Risk Management Promotes Kate Murphy and Shari Smith at VIAA POWERS Insurance & Risk Management recently promoted Kate...
 

Ohio Court: Coverage Owed for Contamination That Ruined Product

Contamination that ruined more than $1 million worth of glass containers manufactured by a policyholder's customer counts as damage that...
 
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Insurance Rocks!
 
Thank you to all the insurance champions who shared experience and advise to those considering a career in the field.
 
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Southeast

 

Lexington Insurance Pulling Out of Florida, Other Markets for High-End Homes

Lexington Insurance, an AIG company, is pulling out of the Florida homeowners market, leaving an estimated 8,000 affluent customers...
 

Georgia Commissioner Directs Insurers to Pay Full Amount of Taxes on Totaled Vehicles

Georgia's insurance commissioner has issued a directive to auto insurers to include the full amount of sales tax when settling a...
 

Alabama Wildfire Chars 600 Acres; No Injuries Reported

A wildfire that began over the weekend has consumed more than 600 acres of woods southeast of Birmingham, threatening homes but not...
 
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South Central

 

Louisiana Dept. of Insurance to Hold Tornado Resource Center

The Louisiana Department of Insurance (LDI) announced it has established an open-door insurance resource center in Arabi to assist those...
 

South Texas Wildfire Destroys 3 Homes; Blaze Only 10% Contained

A wildfire has burned more an 1,000 acres in South Texas forcing some people to evacuate, destroying three homes and knocking out power...
 

NTSB: Car Carrying Oklahoma Teens Made Rolling Stop Before Fatal Crash

A small, four-seat, car carrying six Oklahoma teenagers reportedly failed to come to a full stop before entering an intersection where it...
 

NFP Acquires Texas' Achilles & Associates

NFP has acquired Achilles & Associates, an Austin, Texas-based P&C broker that provides customized commercial P&C, personal lines P&C,...
 
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West

 

Residents Return Home After Fleeing Colorado Wildfire

Nearly 20,000 people who were forced to flee a wildfire in northern Colorado were back home Monday after firefighters were able to stop...
 

Fears of Another Avalanche Prompt Alaska Evacuation Order

Some residents living near an Anchorage suburb were ordered to evacuate Sunday over fears of another avalanche after a slide last week...
 

ExxonMobil Refinery Fire in Montana Under Investigation

The cause of an explosion and fire at an ExxonMobil refinery in southern Montana is under investigation, company officials said Sunday....
 

People Moves: Island Insurance Adds Law Offices of Cary T. Tanaka

Island Insurance Cos. announced that The Law Offices of Cary T. Tanaka has joined the company as its newly created staff counsel. In...
 
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International & Reinsurance

 

Russian Tankers Are Going Dark, Raising Concerns of Sanctions Evasion

Russian tankers carrying oil chemicals and oil products are increasingly concealing their movements, a phenomenon that some maritime...
 

Russian Airlines Could Be Frozen Out of Aircraft Leasing Market After Ukraine War

Russian airlines could be frozen out of the aircraft leasing market well beyond the Ukraine conflict, one of the industry's biggest...
 

Lloyd's CEO Neal Hospitalized After Serious Bike Accident

Lloyd's CEO John Neal was involved in a collision with a car while riding his bike on Saturday, March 26, Lloyd's said in a statement....
 

Irish Lessors Terminate All Russian Airline Leases

All Irish lessors terminated their Russian airline leases by Monday's European Union sanctions deadline and have so far had limited...
 

Orsted Sells 50% of British Wind Farm to French Consortium That Includes AXA

Denmark's Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world's biggest...
 

Hannover Re Opens Access to Insurtech Innovation Platform, 'hr | equarium'

Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance...
 

People Moves: WTW Promotes Richardson to Europe Leader for Ins. Consulting & Tech; Miller Launches French Cargo Team; Tamesis DUAL Hires Argenta's Toth as Dir. of U/W

This edition of International People Moves details appointments at the brokers Willis Towers Watson (WTW) and Miller, along with the MGA...
 
More International & Reinsurance News »
 
 

Insurance Jobs

 

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

 

Commercial Transportation Underwriting Manager - JM Wilson - Kalamazoo, MI

 

Group Health - Disability Claims Examiner / Adjuster - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Loss Control Specialist - Nationwide Insurance - New England States

 

Agency Marketing Services Specialist - Breckenridge Insurance - Remote

 
 
 

Insurance Journal Blogs and Columns

 

That's A Hard No

That's a hard no. I like that phrase. Simple. Direct. Expresses exactly what I mean. Sometimes it's just no. No negotiation. No...
 
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Research and Webinars

 
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Why E&S is a Huge Opportunity for Independent Agents

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...
 
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Three Keys to Differentiating Your Brokerage

In an increasingly crowded and commoditized market, brokers are faced with minimal customer loyalty and look to differentiate...
 
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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....
 
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3 Success Stories of Agency Growth - Implement these Strategies in 2022

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
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What will you do with all the time you get back?

Wasting time on repetitive producer management tasks is limiting your ability to grow quickly. Read this whitepaper from...
 
More research and webinars »
 
 

Insurance Journal TV

 
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Sign up Today for The InsurTech Summit 2022!

We're back and excited to bring to you another group of industry professionals ready to tackle...
 
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EP. 44: Legal Expert Warning Obscure Law Could Cause Problems if Cannabis is Legalized

If Congress ever gets around to legalizing cannabis, the process of revoking federal...
 
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