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Today's Headlines

 
July 13, 2022
 
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National

 

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Twitter Inc. sued Elon Musk over his abandoned $44 billion takeover bid, accusing the billionaire of having buyer's remorse after his...
 

Most U.S. Small Businesses Worry Recession is Coming

Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a survey released by...
 

Industry Trade Associations Oppose Potential New Cyber Claims Data-Sharing Rules

Insurance industry trade associations said they do not want "misguided provisions" related to cyber claims data sharing in the next...
 

Appeals Court Revives Roundup Weedkiller Cancer Lawsuit

A federal appeals court on Tuesday revived a lawsuit by a Georgia man claiming Bayer AG's Roundup weedkiller caused his cancer, the...
 

The Global Urgency of Building the Carbon Removal Industry

"If you build it, they will come." This famous, but paraphrased, quote from the film "Field of Dreams" is apropos of the fledging carbon...
 

Beazley: Data Exfiltration Remains Prevalent as Attack Methods Evolve

Data exfiltration, or the theft or unauthorized transfer of data from any device, is a common form of cyber crime, and specialist insurer...
 

The Booming Female-Owned Home-Based Business Market

The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing...
 

How a Tech Startup Gets Roofs Repaired Faster

When former accountant and roofing contractor Demetrius Gray talks about his personal journey to become founder of a...
 
More National News »
 
 
 
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East

 

Reuters: Behind Amazon's 13,000 Disciplinary Notices at New York Warehouse

Amazon worker Gerald Bryson had hand-counted thousands of items in his warehouse's inventory over three days when his manager showed him...
 

Agent's Plea That Landscaping Includes Tree Removal Fails

A New Jersey insurance agency has failed to convince two courts that a landscape gardening insurance policy for a long-time client was...
 

Specialty Program Group Acquires Entertainment/Sports Broker ESP in Massachusetts

New Jersey-headquartered Specialty Program Group (SPG) said it has acquired ESP Insurance Brokerage, a national insurance broker and...
 
More East News »
 
 
 
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Midwest

 

North Dakota Groups Secures Signatures to Place Pot Legalization on Ballot

A group that wants to legalize recreational marijuana in North Dakota turned in more that 25,000 signatures to the secretary of state...
 

Illinois Dog Kennel Company to Pay $60,000 to Settle EEOC Disability Suit

A dog kennel company in suburban Chicago, Illinois, Rover's Place, will pay $60,000 and furnish other relief to settle a lawsuit brought...
 
More Midwest News »
 
 
 
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The Renewal Solution
 
By the 3rd quarter of FY21 industry loss ratios were at nearly 90%. Arturo's CSO Neil Pearson and LexisNexis Dir of Home Ins Randy Ishikawa unpack the solution
 
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Southeast

 

People: Fenderson to Kinetic, NCDOI Deputy Osborne to Academia

Kinetic Names Fenderson Regional VP Kinetic, a maker of wearable technology for industrial worker safety, has named Troy Fenderson of...
 

Woman Killed When Van Accelerates into Runners at North Carolina Race

A woman was killed and at least three people were injured when a van ferrying people to a runners' race in North Carolina crashed into a...
 

BevCap Buys Dealer Risk, Expanding Captive Management Services

BevCap Management, an alternative risk and captive management firm, has acquired Florida-based Dealer Risk Services, a group captive...
 
More Southeast News »
 
 

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

 
 
 

South Central

 

Louisiana Judge: State Can't Order Insurers to Pay Ida Evacuation Expenses

A Louisiana judge ruled last week that the state's insurance commissioner's directive ordering insurers to pay policyholders' Hurricane...
 

Pregnant Texas Woman Pulled Over in HOV Lane Says Unborn Baby Counts as Passenger

When an officer pulled Brandy Bottone over for driving by herself in a high occupancy vehicle lane in Texas just days after the U.S....
 
More South Central News »
 
 

West

 

Insurance Company Poised to Drop Idaho County's Coverage

An insurance company that covers counties and other public entities in Idaho says it won't renew Canyon County's insurance policy because...
 

California Firefighters Making Gains in Yosemite Wildfire

California firefighters were gaining ground in the battle against a wildfire that poses a threat to a grove of giant sequoias and a small...
 

California Insurance Commissioner Issues Year Moratorium on Cancellations, Non-Renewals Following Wildfires

California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage for more than...
 
More West News »
 
 

International & Reinsurance

 

Court Orders 4 Ex-Tepco Execs to Pay $95B Damages Over Fukushima Disaster

The Tokyo district court on Wednesday ordered four former executives of Tokyo Electric Power Company (Tepco) to pay 13 trillion yen ($95...
 

Russia Pauses Seizure of Assets of Western Firms Exiting the Country

Note: This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Moscow's plan to...
 

The Global Urgency of Building the Carbon Removal Industry

"If you build it, they will come." This famous, but paraphrased, quote from the film "Field of Dreams" is apropos of the fledging carbon...
 

Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero

Ditching investments in fossil fuel businesses--and denying them insurance--aren't the only ways for the insurance industry to...
 

Broker NFP Forms Captive Manager in Canada

Insurance broker NFP has established a captive management firm in Canada following Alberta's establishment of a regime for captive...
 

People Moves: GCube Names Two in Underwriting; MS Amlin Adds Barnes to Marine; RiverStone Names M&A Head, Underwriter

GCube Names Shimal, Litterick to Underwriting Posts Renewable energy specialist GCube Underwriting, a member of the Tokio Marine HCC...
 

Hong Kong Securities Chief Alder Named Chair of Financial Conduct Authority

The UK Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Alder is...
 

Specialty Insurer Mosaic Opens for Business in Canada With Fraser at Helm

Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company's expansion into the Canadian...
 
More International & Reinsurance News »
 
 
 
 
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Research and Webinars

 
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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...
 
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Around the World: Insurance, Climate Change, Disclosures, and Risk

Tune in Thursday, July 14th at 10am PT / 1pm ET for an expert panel discussion hosted by Insurance Journal. Here's what 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

How Markel Insurance Uses Black Kite in Their Daily Underwriting Process

This report analyzes the top 99 insurance companies by net premiums written in order better understand their cyber posture and...
 
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...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 51: Insuring Cannabis Seeds Specialty Promises to Grow

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