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Today's Headlines

 
May 18, 2022
 
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National

 

Where's the Beef? McDonald's, Wendy's Are Sued Over Burger Sizes

Justin Chimienti thought the Big Mac he bought at McDonald's and the Bourbon Bacon Cheeseburger he bought at Wendy's would be as big and...
 

Oceans are Hotter, Higher and More Acidic, Climate Report Warns

The world's oceans grew to their warmest and most acidic levels on record last year, the World Meteorological Organization (WMO) said on...
 

Researchers to Build 'Cat 6' Hurricane Simulator with 200 mph Winds

The Category 6 hurricane's howling winds accelerate to a startling 200 mph in Miami, mercilessly pummeling a two-story wood-frame house...
 

Pimco Sued Over 'Fraternity' Culture by Minority Ex-Workers

Pacific Investment Management Co. now has both men and women suing over a "fraternity" culture that allegedly favors White males. Two...
 

Tesla Bets It Can Bring Down Insurance Costs, Make Driving Safer

For more than six weeks now, the tech and finance industry has been riveted by Elon Musk's pursuit of Twitter. The topic has sucked up...
 

Architect of Allianz Fraud Made $60 Million as He Lied to Investors, U.S. Says

The star portfolio manager at the center of a fraud at the U.S. funds unit of Allianz SE relied on the German insurer's good name to lure...
 

WFH Health Risks, Methane Leaks and 6 Other Emerging Risks

In this edition of Risk Alerts, we highlight underground coal fires, trackers being used as stalking tools, BadUSB...
 
More National News »
 
 
 
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Featured Events

 
Big I Maryland Annual Conference & Trade Show

Big I Maryland Annual Conference & Trade Show

August 21 / Flinstone, MD
 
 
 

East

 

Energy Firms Lose Challenge to Remand of Baltimore Climate Suit to State Court

Major energy firms have lost their bid for a rehearing of a ruling in a case brought by the city of Baltimore seeking to hold them...
 

New York Accuses Amazon of Discriminating Against Pregnant and Disabled Workers

The New York State Division of Human Rights has filed a complaint against Amazon.com Inc. accusing the online retailer of discriminating...
 

Maine Attorney General Plans to Sue PFAS Manufacturers

Maine Attorney General Aaron Frey said the state is preparing for a lawsuit against manufacturers of so-called forever chemicals. Frey...
 

Maryland Internship Program Trains Firefighters of Tomorrow

Three firefighters entered a building that simulated a burning third-floor apartment fire. In the training exercise, Bryan Duvall douses...
 
More East News »
 
 
 
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Midwest

 

Iowa Landlord Settles $135,000 Sexual Harassment Suit

The Justice Department announced that it has secured an agreement to resolve a lawsuit alleging that Davenport, Iowa, landlord Juan...
 

People Moves: DOXA Names Guerrero as President; Alera Group Hires Evans as SVP & Director of P/C Solutions

DOXA Insurance Holdings Names Joe Guerrero as President DOXA Insurance Holdings named Joe Guerrero as its president. Guerrero has more...
 

Ex-Central Michigan Coach Wins Appeal Over Defamation Claims Against ESPN

A Michigan court has reinstated a lawsuit by a former college gymnastics coach who claims he was defamed on Twitter by an ESPN reporter...
 
More Midwest News »
 
 
 
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A Podcast for Independent Agents
 
Episode 8: Why Agents Need to Know Their Specialized Financing Options and How Best to Leverage Them for Growth - with Mike Strakhov from Live Oak Bank
 
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Southeast

 

Asked to Rethink 41% Rate Increase, Florida Farm Bureau Did. New Request is Higher

When Florida Farm Bureau Insurance companies filed for a 41% rate increase for homeowners last December, the Florida Office of Insurance...
 

11th Circuit: Safeco Doesn't Owe in Subro Claim by Agency's E&O Carrier

A federal appellate court threw out a Florida jury verdict that would have required a Liberty Mutual unit to pay $1.6 million in damages...
 

Kentucky Coal Mine Cited for Tree Fall that Killed Worker in January

The U.S. Mine Safety and Health Administration has cited the owners of an eastern Kentucky surface mine where a worker was killed in...
 

People Moves: Longtime Alabama Agency Adds New Shareholder-Owners

Byars/Wright Insurance, an independent agency with six offices in Alabama, has named four new shareholders, officially giving the agency...
 
More Southeast News »
 
 
 
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South Central

 

Oklahoma Hospital to Pay $1.1M to Settle False Claims Act Violations

Oklahoma Heart Hospital South, LLC has paid $1,151,770.50 to settle civil claims stemming from allegations it violated the False Claims...
 

Texas Jury: American Airlines Not at Fault in Alleged Assault of Flight Attendant

Jurors in a civil lawsuit decided last week that American Airlines did not bear responsibility for an alleged sexual assault against a...
 
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West

 

Archdiocese in New Mexico Hit by Sex Abuse Settlement Agrees to Terms in Chapter 11

The Archdiocese of Santa Fe in New Mexico entered into an agreement of terms to settle its Chapter 11 reorganization case. "The Church...
 

California Business Owners Arraigned for Workers' Comp Fraud

Three California business owners were arraigned for insurance fraud this week after an investigation reportedly showed they illegally...
 

Judge Rules California's Women in Boards Law Is Unconstitutional

A Los Angeles judge has ruled that California's landmark law requiring women on corporate boards is unconstitutional. Superior Court...
 

Vaccine Objections of Workers at Hanford in Washington Tossed

A federal judge has dismissed a lawsuit brought by several hundred Hanford nuclear reservation and Pacific Northwest National Laboratory...
 
More West News »
 
 

Insurance Jobs

 

Commercial Lines Underwriter II - Frederick Mutual Insurance Company - Frederick Maryland

 

Underwriting Assistant - Frederick Mutual Insurance Company - Frederick Maryland

 

Business Development Representative (InsurTech) - DataCrest, Inc. - Remote

 

Product Analyst - Coverys - Boston, MA; East Lansing, MI; Omaha, NE or Remote

 

Insurance Broker Property and Casualty - Undisclosed - Nassau County, NY

 
 
 

International & Reinsurance

 

Rise of Remote Work to Define Future of City of London

More than 85% of UK finance workers no longer view the office as their main place of work, highlighting the challenge the industry faces...
 

Central Japan Water Leak Threatens Operations at Auto, Power Companies

A major water leak in central Japan on Wednesday disrupted supply to more than 130 businesses near the production center of Toyota Motor...
 

Probe Into China Eastern Airlines' Crash Examines Actions of Crew

Investigators looking into the crash of a China Eastern Airlines jet are examining the actions of the crew on the flight deck, with no...
 

SiriusPoint Announces Resignation of Chairman and CEO Sankaran

SiriusPoint Ltd., the Bermuda-based international specialty re/insurer, announced that Siddhartha (Sid) Sankaran, chairman and CEO, has...
 

Starr Insurance Cos. Acquires Thai Non-Life Insurer

Starr Insurance Cos. announced an agreement with FPG Insurance Holdings Ltd. (HK) and local Thai shareholders to purchase FPG Insurance...
 

Munich Re Launches Validation Service for Artificial Intelligence Systems

Munich Re is aiming to enhance acceptance of artificial intelligence (AI) with its new CertAI validation service, which provides...
 

UK Insurer Aviva May Be Able to Return More Cash to Shareholders: CEO

Aviva may be able to give more cash back to shareholders, its chief executive said on Wednesday, as the British insurer reported a 5%...
 

People Moves: AGCS Promotes Major for Claims, London & Nordics; Conduit Re CRO's Role Expands to Include Climate Initiatives; WTW Names Keville Head of FINEX GB FI

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS), Conduit Re, and Willis...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

How States Regulate or Limit MGA Non-Commission Fees: A Sample

This post is part of a series sponsored by AgentSync. Managing general agents (MGAs) are a black hole of insurance knowledge - with many...
 
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Research and Webinars

 
research

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...
 
research

Behind the Scenes of the Fastest Home & Auto Rollout in Modern Insurance History

Branch Insurance expanded into 14 states in just 1 year. Tune in live on June 22 at 10am Pacific for a behind-the-scenes look at...
 
research

Navigating a Sea of Uncertainty: 5 Reasons to Select a Cargo Policy

Port accumulation and trans-shipment delays. Extreme weather events. Fires at sea. These are just a few interconnected yet...
 
research

There's a Microchip Shortage. What Now?

Entering into another year of unpredictability in the global supply chain, the shortage of automobile semiconductor chips —...
 
research

Minimize Compliance Costs with Automation

Wasting time on repetitive producer management tasks is limiting your ability to grow quickly. Read this whitepaper from...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 37: Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive

As the InsurTech industry approaches the next wave of innovation, experts say this could mean...
 
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EP. 47: Cannabis Data Chief on Industry Growth, Opportunities

The cannabis business is big bucks. Global cannabis sales for 2022 will reach just over $35...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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