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May 4, 2022
 
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National

 

Judge Lets Tulsa Race Massacre Reparations Lawsuit Proceed

An Oklahoma judge ruled Monday that a lawsuit seeking reparations for the 1921 Tulsa Race Massacre can proceed, bringing new hope for...
 

Juul Can't Escape Trial in Youth Vaping Marketing Suits

Juul Labs Inc. failed to block the first trial set in a flurry of more than 2,500 personal injury cases accusing the e-cigarette maker of...
 

Bayer Faces Roundup Weedkiller Trial Featuring Ex-Monsanto CEO's Testimony

Bayer AG faces a trial over its Roundup weedkiller in which the ex-chief executive officer of its Monsanto unit will testify for the...
 

Berkshire Hathaway's Buffett Talks Nuclear Risk and Tribalism

Shareholders attending Berkshire Hathaway's annual meeting on Saturday had questions about what will happen to the conglomerate when...
 

White House to Boost Support for Quantum Technology While Boosting Cybersecurity

The White House on Wednesday will announce a slate of measures to support quantum technology in the United States while laying out steps...
 

AIG Q1 Net Income Up as Underwriting Profit Soars

First quarter underwriting profit soared as AIG reported net income of $4.25 billion compared with $3.87 billion during the 2021 first...
 

On the Water: Boats & Risk

People who like the water like boats. This might be a gross misuse and the mariners among us might get offended by it, but I’m going to...
 

Tesla Insurance Turning 'Nightmare' Claims Experience Into 'Dream': Musk

Tesla is "trying to turn a nightmare into a dream with Tesla Insurance," Chief Executive Officer Elon Musk said...
 
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East

 

Woman Says Amazon.com Fired Her Because She Got 'Long Covid' - Lawsuit

NEW YORK -- A former Amazon.com Inc. employee sued the online retailer on Monday, saying it wrongly fired her and demanded she repay...
 

Death of Boston Subway Patron Blamed on Faulty Door System

A passenger door on a Boston subway car did not function properly when a man got his arm stuck in it and was dragged to his death last...
 

Jury Awards $15M in Wrongful Death of University of Virginia Lacrosse Player

A former University of Virginia lacrosse player is liable for fatally beating his girlfriend in 2010 and must pay $15 million in damages...
 

Massachusetts Settles With 5 Nursing Homes Over Patient Neglect Claims

Massachusetts Attorney General Maura Healey's office has secured settlements with five Massachusetts nursing homes to resolve allegations...
 
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Cyber Attack Response
 
Falling victim to a data breach is a costly situation for businesses. This article will focus on how to handle a cyber attack and security breachs.
 
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Midwest

 

Iowa Man Pleads Guilty to Insurance Fraud

D'Alan Thurmond, age 41, of Waterloo, Iowa pled guilty on April 25, 2022, to one count of Presenting False Information, a class "D"...
 

April Blizzards Drive Down North Dakota Oil Production

State officials officials say a pair of blizzards that smacked North Dakota in April caused a dramatic reduction in oil production. The...
 

Iowa to Pay $8M Settlement to Man Hit by Snow Plow

An Iowa state board has approved an $8 million payment to an Illinois man who was left permanently disabled when he was hit in 2019 by an...
 
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Insurance Jobs

 

Executive Underwriter – Wholesale Primary Casualty - Navigators, A Brand of The Hartford - Alpharetta, GA (Hybrid)

 

Service Operations Manager - Hub International - Seattle, WA

 

Vice President of Sales Development - Commercial Lines - Hub International - Washington or Oregon

 

Commercial Lines Account Manager - Eastern States Insurance - Waltham, Massachusetts

 

Commercial Lines Carrier Underwriter - 100% REMOTE - Work At Home Vintage Experts - Remote

 
 
 

Southeast

 

Weight-Loss Surgery Covered by Workers' Comp, Carolina Appeals Court Finds

Workers' compensation insurer Erie Insurance Group must pay for weight-loss surgery for an obese woman who was injured at her child-care...
 

Another Strems Law Firm Attorney Suspended by Florida Supreme Court

Fallout from the infamous Strems Law Firm's litigation practices in Florida continues. Two years after Coral Gables plaintiffs' attorney...
 

Social Media Valuable Tool for Forecasters, Residents in Path of Tornadoes

In the 11 years since a devastating tornado outbreak struck Tuscaloosa, Alabama, social media has evolved into a lifesaving tool during...
 

BXS Insurance Morphing to Cadence After Mississippi-Texas Bank Merger

The nation's second-largest bank-owned insurance brokerage, BXS Insurance, is changing its brand name to Cadence Insurance, the company...
 

Brown & Brown Acquires Orchid, CrossCover

Brown & Brown Insurance, an insurance brokerage firm, has completed its acquisition of Orchid Underwriters Agency, based in Vero Beach,...
 
More Southeast News »
 
 

South Central

 

Judge Lets Tulsa Race Massacre Reparations Lawsuit Proceed

An Oklahoma judge ruled Monday that a lawsuit seeking reparations for the 1921 Tulsa Race Massacre can proceed, bringing new hope for...
 

Insurtech Honeycomb to Write Policies in Texas

The Texas Office of the Commissioner of Insurance has given insurtech startup Honeycomb approval to write policies statewide. The digital...
 

Louisiana Lawmakers Seek Police Boss' Journals in Ronald Green Probe

Lawmakers investigating the deadly arrest of Black motorist Ronald Greene are preparing to hold the former head of the Louisiana State...
 
More South Central News »
 
 
 
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West

 

Report Forecasts 'Above-Normal' U.S. Wildfire Season, Worse in Drought-Plagued West

The U.S. has in store an "above-normal" wildfire season if a prediction out on Wednesday from fire weather experts holds true - "intense"...
 

Father of Boy Pepper Sprayed at Washington Protest Files Lawsuit

The father of a child who was hit with pepper spray during the 2020 Black Lives Matter protests in Seattle has filed a federal civil...
 

Jury Rules for Kardashians in California Lawsuit

A jury gave a sweeping win to the Kardashian family in former reality TV star Blac Chyna's lawsuit against them. The Los Angeles jury...
 

Insurtech Joyn Adds Coverage in Five Western U.S. States

Insurance technology company Joyn Insurance Services Inc. announced that it will offer coverage in an additional five states for...
 
More West News »
 
 

International & Reinsurance

 

EU Seeks to Target Russia's Global Oil Exports With Insurance, Services Ban

The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that could dramatically impair...
 

Pay for UK Financial Services Workers Surges at Double National Rate

Pay for financial services workers in the UK has surged at double the pace for the rest of the economy since the pandemic began, widening...
 

Western Ship Insurers Terminate Cover for Russia's Sovcomflot as Sanctions Expand

Western ship insurers are terminating cover for Russia's leading shipping company Sovcomflot as multiple sanctions start to bite,...
 

Global Supply Chain Woes Worsen, With Major Ports Facing Long Delays: Report

Global supply chain problems look to set to worsen, a new report published on Tuesday said, as China's COVID-19 lockdowns, Russia's...
 

Africa's Largest Insurer, Samlam, Partners With Allianz on $2.1 Billion Deal

Sanlam Ltd., Africa's largest insurer, agreed to form a joint venture with Germany's Allianz SE that will combine their assets on the...
 

Lessor Avolon Reports $304M Impairment Over Seized Russian Aircraft

Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10 jets...
 

AXIS Insurance International Launches Portfolio Underwriting Unit in London

AXIS Capital Holdings Ltd. has launched a portfolio underwriting unit, which targets multi-class portfolio business that is placed in the...
 

People Moves: Lim Promoted to CEO, Howden Singapore; Liberty Specialty Mkts. Hires Lim for Aviation Claims; OdysseyRe Taps Everest's Finnegan for U.S. General Casualty

This edition of International People Moves details appointments at Howden Singapore, Liberty Specialty Markets and OdysseyRe. A summary...
 
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Insurance Journal Blogs and Columns

 

Insurance 101: Agency-Level Licensing

This post is part of a series sponsored by AgentSync. Oftentimes, the administrative side including the specifics of who needs what...
 
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Research and Webinars

 
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Attaining Compliance in the Cannabis Universe

Compliance in the cannabis industry is fraught with risk across areas like licensing, equipment, testing, distribution, and...
 
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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

Beyond Burnout-Redefining a New Era in the Work Place

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

Why E&S is a Huge Opportunity for Independent Agents

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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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...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 46: You've Heard it Before, So Here it is Again: D&O is a Tough Pill for Cannabis

Directors and officers is a tough line of business, no matter what industry is footing the...
 
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EP. 35: 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...
 
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