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Today's Headlines

 
January 5, 2022
 
Today's Headline Sponsor: NSM Insurance Group
 
 
 
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National

 

COVID-Cautious Supreme Court Preparing to Rule on Biden Vaccine Mandates

The U.S. Supreme Court, which has restricted its own operations during the COVID-19 pandemic, is preparing to decide whether to block...
 

Boy Scouts Fail to Gain Enough Support From Victims for $2.7B Sex Abuse Settlement

The Boy Scouts of America fell short of winning the support it sought from sex-abuse victims for a near $2.7 billion settlement that...
 

Renaissance Alliance Acquires New Jersey, California Agency Networks

Insurance agency network Renaissance Alliance has acquired two other agency networks, one in New Jersey and another in California....
 

Are 5G Telecoms a Threat to Airline Safety?

U.S. telecom companies and airlines have been fighting for weeks over the potential impact of 5G wireless services on aircraft, in stark...
 

Acrisure Acquires Wholesaler Appalachian Underwriters

Financial services distribution firm Acrisure has acquired Appalachian Underwriters, a national managing general agency and third-party...
 

People Moves: Amwins Names Baig, McNatt as Brokerage Presidents; TigerRisk Adds Lockton's Cheney

Specialty broker Amwins announced the appointments of Sam Baig and Jeff McNatt as presidents of Amwins Brokerage, effective immediately....
 

Despite Mitigation Efforts, Cyber Attacks and Rate Hikes to Continue in 2022

As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to...
 

Sponsored: AM Best Upgrades Financial Strength Rating of Atlantic Casualty Insurance Company to A+ Superior

OLDWICK - JANUARY 05, 2022 - AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to ...
 

Ask In Person or By Phone: Ditch Email If You Need Help at Work, Researchers Say

According to new Cornell University research, asking in person for help maximizes one's chance of getting a "yes." If...
 
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Insurance Jobs

 

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Employee Benefits Agency / Broker - Account Manager or Customer Service Rep - Work At Home Vintage Experts - Remote

 

Sales Manager - National Real Estate Insurance Group - Kansas City, MO metro area

 

Training Specialist - National Real Estate Insurance Group - Kansas City, MO metro area

 

Private Client Services Account Manager - CAL Insurance & Associates, Inc. - Remote or San Francisco, CA

 
 
 

East

 

Philadelphia Rowhouse Fire Kills 13; Smoke Detectors Not Working, Fire Official Says

In what's being called one of the deadliest residential fires in recent Philadelphia history, a blaze at a rowhouse killed 13 people...
 

Hochul Wants Revisions on Insurance Disclosure Law; Signs PBM License Bill

New York Gov. Kathy Hochul this week signed into law an insurance disclosure bill that many insurance agents had staunchly opposed, but...
 

MountainOne Acquires Cross Insurance Branch in Pittsfield, Massachusetts

MountainOne Insurance Agency, based in northwestern Massachusetts, has acquired the Cross Insurance agency branch in nearby Pittsfield....
 

I-95 in Virginia Finally Opened After Hundreds Stranded in Snow

Road crews were finally able to clear snow and accidents enough to clear what some officials called an "unprecedented" number of stranded...
 

New York Governor Appoints Three to Court That Hears Comp Appeals

New York Gov. Kathy Hochul has appointed three judges to fill vacancies on the state's intermediate appellate court that hears workers'...
 

Arbella Insurance Signs NFL Patriots Rookie QB Jones as Pitchman

New England Patriots quarterback Mac Jones is the new pitchman for Massachusetts-based Arbella Insurance Group. The regional...
 
More East News »
 
 
 
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Midwest

 

World Insurance Associates Acquires Kansas' Safety Consulting

World Insurance Associates has acquired Safety Consulting, Inc. of Topeka, Kansas. Founded in 1971, Safety Consulting, provides loss...
 

Former University of Evansville Basketball Coach Sues School for $75K

Former University of Evansville basketball coach Walter McCarty is suing the school, saying it owes him more than $75,000 under the terms...
 

Illinois Insurer Insolvency Office Hit by $6.8 Million Cyber Attack

The Illinois Office of the Special Deputy Receiver (OSD) was hit by a cyberattack last summer, resulting in millions of dollars in losses...
 
More Midwest News »
 
 

Southeast

 

Premium Finance Companies Can Extend Payment Deadlines After Kentucky Tornadoes

Premium finance companies are permitted to extend due dates for premiums and other charges in the wake of tornadoes that ripped through...
 

COVID Spike Forcing Florida Hospital's Maternity Ward to Close, For Now

A South Florida hospital has temporarily closed its maternity ward due to staff-shortages related to recent outbreaks of COVID-19....
 

Hilb Group Buys Interest in Tennessee-based Churchill Agency

The Hilb Group announced it has acquired membership interest in the Churchill Agency, based in Brentwood, Tennessee. The Hilb Group is a...
 

People Moves: Cook to Head Sales at Global Risk

Insurance industry veteran Kenneth Cook has been named senior vice president of sales and client relations at Miami-based Global Risk...
 
More Southeast News »
 
 

South Central

 

New Orleans Wharf Fire Under Investigation

Dozens of firefighters and a fire boat battled a large wharf fire in New Orleans on Jan. 3. Fire officials say a large part of the wharf...
 

Jonesboro, Louisiana Fire Chief, Sheriff's Deputy Arrested for Insurance Fraud

A Jonesboro, Louisiana fire chief and a Jackson Parish sheriff's deputy have been arrested for insurance fraud over an alleged fraudulent...
 
More South Central News »
 
 

West

 

Nevada to Join $26 Billion Nationwide Opioid Settlement

Nevada has agreed to back a proposed nationwide settlement worth up to $26 billion resolving lawsuits against three large drug...
 

Destructive Winds Flipped Airplanes, Trucks Near Anchorage

Destructive winds battered an area just north of Anchorage, Alaska, on Monday, flipping small airplanes and semitrailers, forcing schools...
 

Investigators Narrow Search for Origin of Massive Colorado Wildfire

Investigators looking for the cause of the Colorado wildfire that destroyed nearly 1,000 homes have narrowed their search to a sparsely...
 

New Insurance Laws for 2022 Sponsored by California Commissioner

California Insurance Commissioner Ricardo Lara and the California Department of Insurance released a list of laws taking effect this year...
 
More West News »
 
 

International & Reinsurance

 

Many Reinsurance Buyers Are 'Frustrated' With Multiple Years of Price Rises

Frustration is now setting in for reinsurance buyers subjected to multiple years of price rises, especially those cedents that have...
 

2021 Ranked as Fifth Hottest Year by EU Climate Change Service

The year 2021 ended as the fifth hottest in records maintained by the European Union's Copernicus Climate Change Service that go back to...
 

Mercedes-Benz Owners Warned of Fire Risk but Parts Are Unavailable to Fix Problem

Daimler's Mercedes-Benz has informed owners of its luxury cars of a technical defect that could spark a fire, the company said on...
 

French Court Allows Class Action Against Sanofi Over Its Epilepsy Drug Depakine

A French court ruled that families of children who suffered side effects from the epilepsy medicine Depakine can join in a class-action...
 

Optio Buys Warranty & Indemnity Specialist MGA Brockwell Capital

Optio Group, a London-based specialty MGA focused on emerging insurance risks, announced it has acquired Brockwell Capital Ltd., a...
 

Canada's Western Financial Group Buys Ontario Insurance Brokerage Wiesner Insurance

Canadian insurance broker Western Financial Group has acquired Wiesner Insurance Inc., a high-end full-service insurance brokerage...
 

Robertson Named CEO of Canopius, Succeeding Watson Who Continues as Chairman

Canopius Group, the London-based global specialty re/insurer, announced that Neil Robertson has been appointed group chief executive...
 

People Moves: Aon's Heinicke to Lead Casualty for WTW in Bermuda; KPMG UK Promotes Jones as Head of Insurance Practice; Howden's King to Miller in Singapore

This edition of International People Moves details appointments at Willis Towers Watson, KPMG and Miller. A summary of these new hires...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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The MGA's Guide to Producer Licensing and Compliance through Technology

MGAs face regulatory challenges from all directions and insurance laws vary by state, making the management of producer...
 
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Achieving more scalable growth and improving your employee experience

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
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Discover Your Opportunity to Enhance Policyholder Experience

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals.  Playing a role in your...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 39: Expert Says Cannabis Insurance Rates for Cyber, EPL, Property to Rise in 2022

A survey of 200-plus cannabis insurance-focused professionals at one of the largest brokers in...
 
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EP. 28: Looking in the Rearview Mirror: Cyber Lessons Learned from 2021

The year is coming to an end and cyber insurers as well as their clients may be reflecting on...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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