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Today's Headlines

 
September 6, 2022
 
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National

 

Hot Spots for Hot Cars: Colorado Leads U.S. in Vehicle Theft Rate, California in Overall Thefts

Texas, California, Florida, Illinois, and Colorado are all places where your car is most likely to be gone in 60 seconds. Vehicle thefts...
 

Asset Manager Lombard Odier Adds ESG Screens After 'Shocking' Cyber Report

Lombard Odier Investment Managers said the "shocking" results of an analysis into cybersecurity risks lurking in portfolio companies have...
 

U.S. P/C Records $6.3 Billion First-Half Underwriting Loss: AM Best

Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a $6.3 billion net...
 

Bayer to Pay $40 Million Over Whistle-Blower's Bribe Claims

Bayer AG agreed to pay $40 million to resolve US lawsuits linked to allegations that company officials bribed hospitals and physicians to...
 

Howden Re and TigerRisk to Create Largest Global MGA

Howden Re and TigerRisk Partners have announced the creation of a new group, Howden Tiger SabRE, comprising the existing global MGA and...
 

Fire a Growing Risk to Shipping Because of Lithium-ion Batteries, Allianz Says

Fire has always been a peril for shipping, but the advent of lithium-ion batteries has elevated the risk to the point that it now is the...
 

Sponsored: XPT Unifies Binding and Brokerage Division

September 6, 2022 — XPT announced today the launch of the binding and brokerage division unifying Western Security Surplus, Sierra Specialty, and LP Risk to one consolidated brand, XPT Specialty ...
 

Beyond the Desktop: 3D Printing with Concrete

Much has been written about concerns related to use of 3D printing in the office or home, including potential risks associated with health,...
 

Supply Chain Challenges Driving Auto Insurers Further Into a Hard Market

A microchip shortage. Logistics industry backlogs. Supply and labor challenges. Worsening driver behavior. Social...
 
More National News »
 
 
 
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East

 

Rescinded Policies Owe No Coverage for Lead Paint Claims, Maryland High Court Rules

Insurers that rescinded general liability policies issued to landlords who misrepresented their exposure to lead paint claims owe no...
 

Motel Has No Duty to Prevent Guest's Suicide, Massachusetts Appeals Court Rules

A motel and its employees have no duty to prevent a guest's suicide even when family members warn that the guest is a suicide risk. A...
 

Offshore Wind Farm Worker Hiring and Safety Training Ramp Up

At a 131-year-old maritime academy along Buzzards Bay in Massachusetts, people who will build the nation's first commercial-scale...
 

New York Launches $6.5M Fund for 'Clean Tech' Insurance Products; Seeks Program Manager

New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program...
 
More East News »
 
 
 
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Midwest

 

KeyBank Reports Hackers of Third-Party Provider Stole Customer Data

Hackers stole personal data including Social Security numbers, addresses and account numbers of home mortgage holders at KeyBank, the...
 

Stonetrust to Write Workers' Comp Coverage in Iowa, Georgia

Stonetrust Workers' Compensation Insurance Co. will begin writing workers' compensation coverage in Iowa and Georgia effective October...
 

Indiana Court Sides With Catholic Diocese in Teacher Dismissal

The Indiana Supreme Court ruled last week that religious freedom rights protect the Roman Catholic Archdiocese of Indianapolis from being...
 

People Moves: Turek Joins Kansas Insurance Department; Insurance Office of America Announces New Chicago Team

Commissioner Vicki Schmidt names new Director of Government and Public Affairs Kansas Insurance Commissioner Vicki Schmidt has named Eric...
 
More Midwest News »
 
 
 
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Southeast

 

Debate Deepens After Florida OIR Seeks to Raise Citizens' Coverage Limit on Homes

Recent developments have sparked new debate about the role that Citizens Property Insurance Corp. should play in Florida's rapidly...
 

Emergency Declared After Flooding in Northwest Georgia

Thunderstorms and heavy rain pounded parts of northwest Georgia over the Labor Day weekend, sparking flash flooding in some areas. Local...
 

Teen Dies After Florida Keys Boating Accident that Injured 11

A boating accident in the Florida Keys left a teenager dead and 10 other people injured, according to local media. The Miami Herald...
 

People Moves: MEMIC Names Coaker Senior Underwriter in Georgia

The MEMIC Group, specialists in workforce safety, has hired John Coaker as senior production underwriter in the Southeast. Coaker, based...
 

Stonetrust to Write Workers' Comp Coverage in Iowa, Georgia

Stonetrust Workers' Compensation Insurance Co. will begin writing workers' compensation coverage in Iowa and Georgia effective October...
 
More Southeast News »
 
 
 
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South Central

 

People Moves: Jenkins Joins OGA; NavSav Names Walters CEO

Summer Jenkins Joins OGA Summer Jenkins recently joined One General Agency (OGA) as the Executive Director of Cannabis Insurance...
 

Alera Group Acquires Texas' Greenhill

Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Houston, Texas-based...
 

Texas Safellite Autoglass Location Sued for Sex Discrimination

Safelite AutoGlass, a vehicle glass repair and replacement business, violated federal law by refusing to hire a qualified applicant...
 
More South Central News »
 
 
 
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West

 

Crest Acquires Spiegler Insurance Services in California

Crest Insurance Group acquired Spiegler Insurance Services in La Jolla, California. Founder Steven H. Spiegler will play a role in the...
 

Lawsuit Filed Over Man Killed in Oregon Protests Dismissed

A judge has dismissed a lawsuit filed against the city of Portland, Oregon, the mayor and the Multnomah County district attorney by the...
 

No Indictment for Ex-Oregon Doctor Accused of Abuse, Still Faces Civil Suits

A Clackamas County grand jury has declined to indict a former suburban Portland, Oregon, doctor on criminal charges of sexual misconduct...
 

Sponsored: Round out a home's protection with a new "stand-alone" earthquake option for Independent Agents in WA & OR

MILL CREEK, WA, September 6, 2022 — Pacific International Underwriters® (PIU) is partnering with American Modern® to offer a standalone earthquake insurance policy in Washington & Oregon ...
 
More West News »
 
 
 
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IICF Charity Bowling Event is BACK!
 
Join us at the new location at Mira Mesa Lanes on Oct. 6, 2022 and support local San Diego non-profits. Such a fantastic event. Who doesn't love bowling!?
 
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International & Reinsurance

 

Global Reinsurers' Capital Levels Drop by 11% During H1, Hit by Declines in Markets

Global reinsurers' capital levels dropped by 11% in the first half of 2022 to $647 billion, hurt by market declines, though higher...
 

New UK Prime Minister Promises to 'Unshackle' City of London

Liz Truss becomes Britain's prime minister on Tuesday after a campaign in which she promised to "really unshackle" the City of London by...
 

Dutch Buildings Built on Wooden Piles Are Sinking After Drought Cuts Groundwater

Inside Amsterdam's Rijksmuseum, Rembrandt's masterpiece The Night Watch appears to be hanging straight, as do other famous works by...
 

Typhoon Hinnamnor Rips Across South Korea's Industrial Region, Killing at Least 2

A powerful typhoon tore through South Korea's southern industrial hubs on Tuesday, leaving at least two people dead, 10 missing and...
 

Cyber MGA Coalition Launches in UK Insurance Market

Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a London...
 

People Moves: BMS International Names Aon's Gillett as CEO; Aon Taps WTW's Bruce to Lead Climate Risk Consulting

This edition of International People Moves details appointments at brokers BMS and Aon. A summary of these new hires follows here. BMS...
 
More International & Reinsurance News »
 
 

Insurance Jobs

 

Marketing Sales Representative - V3 - Remote

 

Commercial Lines Customer Service Representative - Bones and Bailey - Midland, MI

 

Agency Manager Producer Owner - Arnold and Barton Insurance - Naples, Fl.

 

Commercial and Personal Lines Underwriter - MGA - Work At Home Vintage Experts - Remote

 

Commercial Lines Carrier Underwriter - Work At Home Vintage Experts - Remote

 
 
 

Insurance Journal Blogs and Columns

 

Cash Management Menu: Start with the Appetizer

This post is part of a series sponsored by InsurBanc. Selecting the right cash management products and services for your agency is like...
 
More Blogs »
 
 

Research and Webinars

 
research

Some Carriers Are Denying Coverage for Senior Living Facilities with Pull Cords. Now What?

One of the selling points for senior living facilities is the promise of easy access to assistance in an emergency. To that end,...
 
research

The Agents and Brokers Guide to D&O Policy Pricing

While general economic factors are always relevant to insurance pricing, in the current market, underwriters of D&O policies...
 
research

Small Commercial Insurance: Innovation and Where Everyone’s Headed Next

The State of the Market, Innovation and Where Everyone's Headed Next The small commercial insurance market went through a...
 
research

Ways to Build a Strong Online Reputation

In today's insurance landscape, your online reputation is critical. This guide has everything you need to grow your online...
 
research

Top Independents and Dedicated Agents Use This to Secure Coverage in Hard Markets – You Should Too

Are you an independent agent or a dedicated agent who is struggling to find carriers and coverage for your clients? This webinar...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 45: Beyond Zeros and Ones: When Cyber Attacks Become Physical

When people think of cyber attacks, they might think of things like phishing, ransomware or...
 
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EP. 55: Cannabis Investing Pro Explains Confusing Market, Offers Tips

Many of our listeners may be insurance brokers, carrier executives, claims managers, lawyers,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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