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Today's Headlines

 
July 20, 2022
 
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National

 

Jury Finds Tesla 1% Negligent in Fatal Model S Crash

A Florida jury found electric car maker Tesla Inc. to be 1% negligent in the death of an 18-year-old man whose Model S sedan slammed into...
 

NEXT, Thimble Latest Insurtechs to Announce Layoffs This Year

NEXT Insurance and Thimble are the latest insurtechs to lay off part of their workforce this year, with NEXT citing challenging economic...
 

Are MGAs Winning the Insurance Talent War?

With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one...
 

Rat-Plagued Warehouse Winds Down as Family Dollar Faces Lawsuits

Six months after a Family Dollar distribution center in West Memphis, Arkansas, was fumigated and more than 1,000 rodent carcasses were...
 

Apple Sued Over Antitrust Violations Involving Apple Pay

Apple Inc. was sued on Monday in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in...
 

Creating Harmony: What Cyber, Insurance Pros Can Learn from Music

Music may not be the first thing that comes to mind when considering the cybersecurity and insurance industries, but these industries could...
 

How Nationwide Is Transforming Commercial Lines

In 2021, insurer and financial services company Nationwide reported the strongest earnings in the Fortune 100 company's...
 
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East

 

Digital Trucking MGA Koffie Raises $11M, Eyes Expansion to 10 States

A Brooklyn, New York-based managing general agency for the trucking and transportation sector has closed an $11 million Series A funding...
 

Cause of New Hampshire Resort Fire Remains Undetermined

Investigators were unable to pinpoint the cause of a fire that damaged a popular North Conway resort, New Hampshire Fire Marshal Sean...
 

Relation Insurance Acquires Maryland's Insurance, Inc.

Walnut Creek, California-headquartered Relation Insurance Services said it has acquired the assets of Maryland-based Insurance, Inc....
 

New York Jury Awards $15M to Family of Worker Who Died From Mesothelioma

The family of a construction worker who died from mesothelioma after exposure to asbestos-containing joint compound has been awarded $15...
 
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Midwest

 

North Dakota Ending Ban on Poultry Events

North Dakota animal health officials are ending a ban on poultry events that was instituted when bird flu was on the rise. However, the...
 

People Moves: Ryan Specialty Names Bodell as CIO; Core Specialty Adds 3 Underwriters in Cincinnati

Ryan Specialty Names Bradley Bodell as Chief Information Officer Ryan Specialty Holdings, Inc named Bradley Bodell as chief information...
 
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Insurance Jobs

 

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Southeast

 

MSP Recovery Scores Another Appeals Court Victory Against Auto Insurers

A Florida law firm that has made a lucrative business out of the Medicare Secondary Payer Act - and disrupted the auto insurance industry...
 

Lindberg Released from Prison After Winning New Trial in North Carolina

A North Carolina-based insurance magnate whose convictions on corruption-related counts were overturned by a federal appeals court has...
 

Driver of 18-wheeler Charged After Georgia Crash Kills Two

An Atlanta truck driver is charged with vehicular homicide after a northwest Georgia wreck left two adults dead and three children...
 

Kentucky Whistleblower Awarded $2 Million After Retaliation Over Agency's Child Cases

A jury has found in favor of a state social worker who filed a whistleblower lawsuit claiming he was mistreated by supervisors after...
 
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South Central

 

People Moves: DOXA Names Robbins to Lead Sales Force in Texas; McGriff Hires Fulbright in Houston

DOXA Insurance Holdings Names Michael Robbins to Lead Sales Force in Texas DOXA Insurance Holdings announced the appointment of Michael...
 

Wildfire Burns Homes Around North Texas Lake

A wildfire has burned several homes and prompted calls for voluntary evacuations around a lake in north Texas amid sweltering...
 
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West

 

California Social Media Addiction Bill Drops Parent Lawsuits

A first-of-its-kind proposal in the California Legislature aimed at holding social media companies responsible for harming children who...
 

6 People Killed in Montana Highway Crash During Dust Storms

A 3-year-old and two other children were among the six people killed in a pileup last week on a Montana highway during blackout...
 

NTSB: Helicopter Descended Quickly in Deadly Crash During Severe New Mexico Fire Season

Evidence indicates that a helicopter that crashed in northern New Mexico after helping fight a wildfire over the weekend descended at a...
 

Alera Group Acquires DFG 401(k) in Arizona

Alera Group acquired DFG 401(k) Advisors in Phoenix, Arizona. The firm joins Alera Group under the name BCG 401(k) Advisors through...
 
More West News »
 
 

International & Reinsurance

 

Insurers Want Safety Assurances Before Covering Ships Sailing in Ukraine Grain Corridor

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for...
 

Britain Initiates Post-Brexit 'Transformation' of Financial Services

British financial regulators will have to promote the global competitiveness of the country's financial sector, though a plan for more...
 

Nigeria to Continue $3.5 Billion Civil Claim Against Shell and Eni

Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings...
 

Climate Change Alarm Sounded as Wildfires Rage Across Europe

Emergency services battled wildfires across swathes of southern Europe amid mass evacuations on Wednesday, as warnings sounded in London...
 

Low Water Levels in Rhine River Could Have Similar Hit on German Economy as 2018

Low water levels in the Rhine river may have a similar impact on German economic output as they did in 2018, according to Berenberg. That...
 

Lost Luggage Claims Jump 30% Compared to Pre-Pandemic Levels: Mapfre

The number of travelers reporting stranded luggage this summer jumped 30% from 2019, according to Spanish insurer Mapfre SA. More bags...
 

People Moves: BHSI Enters Swiss Mkt., Names Metzger as Country Mgr.; AXA XL Promotes Shing for Casualty; Swiss Re Corporate Builds Inherent Defect Ins. Team

This edition of International People Moves details appointments from three insurers: Berkshire Hathaway Specialty Insurance (BHSI), AXA...
 
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Insurance Journal Blogs and Columns

 

Inside Out: How Exit Crime, Insider Threats Are Creating Challenges for Insurers

There has been a lot of talk about how insurance companies are increasingly falling victim to outside cyber attacks, but the risk of...
 

Event Coverage: Medicarians June 2022 in Las Vegas

This post is part of a series sponsored by AgentSync. While Medicare is often only a piece of a larger industry, for a few days it was...
 
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Research and Webinars

 
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Biometric Authentication For Dummies

In a digital world, how can you be sure that someone is who they say they are? Or that they even exist at all? This book from...
 
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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

Three Visions for Empowering Independent Agents

During the pandemic, Cake & Arrow conducted qualitative research with hundreds of gig workers and small business owners to...
 
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The Power of a Network Partnership for Independent Agents

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 52: Cannabis Business Plaintiff's Attorney on Miscues That Should Get Insurers' Attention

Michael Sampson may not have a rabid fanbase among insurers and insurance attorneys, but he's...
 
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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...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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