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Today's Headlines

 
March 23, 2022
 
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National

 

The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway

Last week, information services firm Verisk said it had taken steps that align with one investor's call for the firm to commit to being a...
 

Authentication Firm Okta Says Up to 366 Customers Potentially Hit by Hack

Shares in Okta Inc fell 9% on Wednesday after the U.S. digital authentication firm said hundreds of its customers may have been affected...
 

Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy...
 

U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule

U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use...
 

GameStop Sued by BCG Over $30 Million Bill to Fix Company

GameStop Corp.'s stockholders may be enjoying the biggest rally of the year, but not everyone is happy. Boston Consulting Group claims it...
 

Judge Reinstates Trump Independent Contractor Rule Withdrawn by Biden

A federal judge in Texas has nixed the Biden Department of Labor's withdrawal of a Trump administration rule governing whether a worker...
 

How Car, Home Inflation Is Driving Up Loss Costs for Insurers

The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5%...
 

Talent Officers Speak Their Minds

Seven talent officers recently spoke to Carrier Management about what's special about their jobs. Here, we captured some...
 
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East

 

Long-Running Love Canal Suits Get May Court Date

Long-pending lawsuits stemming from toxic waste contamination in Niagara Falls' notorious Love Canal neighborhood have a new court date...
 

New York Medical Malpractice Insurer EmPRO to Enter New Jersey

New York medical malpractice insurer EmPRO Insurance Co., a subsidiary of Physicians' Reciprocal Insurers, said it is expanding into New...
 

Virginia Governor Signs 'Squatted Truck' Ban Into Law

Virginia's governor signed into law Monday a ban on squatted trucks just weeks after a crash that left a 27-year-old man dead. The...
 

ProSight Specialty Rebrands as Coaction

New Jersey-based ProSight Global, Inc., a privately-owned specialty property/casualty insurance company, has announced that it is...
 
More East News »
 
 
 
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Midwest

 

Arthur J. Gallagher & Co. Acquires Missouri's Commercial Insurance Underwriters

Arthur J. Gallagher & Co. announced the acquisition of Springfield, Missouri-based Commercial Insurance Underwriters, Inc. (CIU). Terms...
 

Detroit Reaches $7.5 Million Settlement in Wrongful Conviction Suit

The city of Detroit has reached a $7.5 million settlement with a man who entered prison as a teenager and spent eight years there before...
 

People Moves: Root Names Bateman as CFO

Root, Inc. has Rob Bateman as its new chief financial officer, effective April 11. Bateman joins Columbus, Ohio-based Root as CFO with...
 
More Midwest News »
 
 
 
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Climate Change Catastrophe Report
 
In 2021, 14.5 million homes were impacted by natural catastrophe events. In this vodcast, CoreLogic shares what this means for insurers. Is this the new normal?
 
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Southeast

 

Two South Florida Construction Workers Crushed by Concrete Wall

Two construction workers in Boynton Beach were killed Tuesday when a concrete wall they were installing fell and crushed them. One local...
 

Jury Finds U of Miami Did Not Discriminate Against Lower-Paid Woman Prof

The University of Miami did not discriminate against a professor, despite paying her far less than a male professor in the same...
 
More Southeast News »
 
 
 
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South Central

 

Crews Make Progress in Containing Texas Wildfire

Firefighting crews were making progress containing a massive Texas wildfire that was blamed for last week's death of a deputy, officials...
 

13-Year Old Behind Wheel of West Texas Crash That Killed 9 People

Authorities investigating a fiery head-on crash in West Texas don't know why a 13-year-old boy was driving while his father sat in the...
 

New Orleans Tornado Leaves 1 Dead, Causes Damage to Lower Ninth Ward

A tornado reached east New Orleans Tuesday evening, leaving at least one person dead and causing significant damage to the Lower Ninth...
 
More South Central News »
 
 
 
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West

 

California Lawmaker's Bill to 'Restore Ethics and Transparency' at Department of Insurance Passes Committee

The Assembly Judiciary Committee on Tuesday unanimously approved a bill aimed at the California Department of Insurance that its author...
 

People Moves: IMA Adds Roberts; Alliant in Washington Names Brueske Vice President

IMA Financial Group Inc. named Stacy Roberts national energy practice director. Roberts will integrate and direct IMA's energy practice,...
 

Freight Train Derails in California Sending 13 Rail Cars and Locomotives off Tracks

A Union Pacific freight train carrying lumber derailed in Southern California on Monday, sending 13 rail cars and three locomotives off...
 
More West News »
 
 
 
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International & Reinsurance

 

Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy...
 

Russia Offers to Compensate Foreign Lessors of Commandeered Jets

Russia offered to compensate owners of jets commandeered by the country, a bid to smooth relations with leasing companies that stand to...
 

European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules

European lawmakers have agreed to force roughly 28,000 foreign subsidiaries to comply with the bloc's ESG rules, marking a blow to...
 

Update: One of Two Flight Recorders Located From China Eastern Plane Crash

The cockpit voice recorder from the China Eastern Airlines Corp. aircraft that crashed on Monday has been found and sent for analysis....
 

Acrisure Acquires MGA Platform Volante Global From Markel's Nephila

Acrisure, the Grand Rapids, Mich.-based financial services and insurance brokerage firm, announced it is acquiring Volante Global, a...
 

People Moves: TigerRisk Hires Aon's Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden's Powell as Chief Commercial Officer

This edition of International People Moves details appointments at TigerRisk Partners, HDI Global, and BMS. A summary of these new hires...
 
More International & Reinsurance News »
 
 

Insurance Jobs

 

Personal Lines Representative - United Insurance Partners - United Insurance Partners - CA - Remote

 

Underwriter - Professional Liability - Negley Associates - Remote

 

Senior Underwriter Programs- Professional Liability - Negley Associates - Remote

 

Excess Lines Underwriter - WH Greene & Associates Inc - East Aurora, NY

 

Director, Underwriting Operations - InsuraMatch - Travelers - Wall Township, NJ or Orlando, FL or Boston, MA

 
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

A Personal Claim Story - Part 1

I've been thinking about writing this and kind of going back and forth about how to do it or whether to do it. Since I can't be...
 
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Research and Webinars

 
research

It's Shaping Up to Be the Best E&S Lines Market in U.S. History

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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Automate Away the Tedious Parts of Producer Management

Wasting time on repetitive producer management tasks is limiting your ability to grow quickly. Read this whitepaper from...
 
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Real Stories of Success from Agents Making Change

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
research

The New Era of Work: How Benefit Providers Can Evolve to Meet Employee Expectations

In a new report, Beyond Burnout—Redefining a New Era in the Work Place, Cake & Arrow gets to the heart of how people's...
 
research

Three Keys to Differentiating Your Brokerage

In an increasingly crowded and commoditized market, brokers are faced with minimal customer loyalty and look to differentiate...
 
More research and webinars »
 
 

Insurance Journal TV

 
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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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EP. 33: War in Ukraine Renews Questions Around Likelihood, Insurability of Cyber War

Since Russia launched a full-scale military invasion of Ukraine on February 24, questions have...
 
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