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April 23, 2021
 
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National

 

For Some Buyers, Commercial Insurance Market Is Going to Get Better, Easier: Willis

North American buyers of commercial property/casualty insurance can expect an "ever-so-slight turn for the better" and a "less difficult...
 

Plaintiff Lawyers Accuse Bayer of 'Pay to Appeal Scheme' in Roundup Litigation

Bayer AG's strategy to get a favorable ruling in its Roundup litigation is a manufactured "pay-to-appeal scheme" that will erode the U.S....
 

CEO Swift Optimistic About The Hartford's Position as Economic Recovery Begins

The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19...
 

Pet Insurance Outshines Travel, Other Inland Marine Coverages Cut by COVID: AM Best

The U.S. inland marine insurance segment experienced a "significant downturn in profitability" in 2020, with its loss ratio deteriorating...
 

Citing China, Senators Bid to Accelerate U.S. Self-Driving Vehicle Industry

Two U.S. senators are working to attach legislation to allow automakers to deploy tens of thousands of self-driving vehicles on U.S....
 

W.R. Berkley Reports Gains for Q1

W.R. Berkley Corp. reported record quarterly underwriting income, double-digit premium growth and healthy rate increases in the first...
 

Insurity Completes Acquisition of Instec

Property/casualty insurance software firm Insurity has completed its acquisition of Instec, a cloud software maker for mid-size...
 

Emerging Pandemic Risks From Covid, Cyber, Civil Unrest, Mergers, and More... Part 2

Insurance Journal examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market...
 

Small Insurance M&A Deals Create More Value: McKinsey

McKinsey analysts believe insurers focused on large one-off deals undertaken to scale their companies and those who...
 
More National News »
 
 
 
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Featured Events

 
Fundamentals of Claim Settlement and Court Procedures in Canada

Fundamentals of Claim Settlement and Court Procedures in Canada

April 28 / Online Webinar
 
 
 

East

 

Worker Dies in Accident at Submarine Building Facility in Rhode Island

An employee at Electric Boat's facility in Rhode Island has died from injuries suffered in a workplace accident, the company said. Sean...
 

New York City Lawsuit Claims Exxon, BP, Shell Mislead Over 'Cleaner' Fuels

New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the companies are...
 

Pennsylvania Moves Closer to Allowing Lawsuits by Child Sex Abuse Victims

For the first time, prominent Republican state senators on Wednesday put their support behind legislation in Pennsylvania to change the...
 

'Suspicious' Apartment Fire in New York Displaces More Than 20 Residents

Fires at an apartment complex displaced more than 20 people on Sunday night, with authorities saying the blaze was suspicious and...
 

Alera Group Acquires New York's The Waterford Group

Alera Group, a financial services and risk management company, has acquired The Waterford Group, a Rochester, New York-based retirement...
 
More East News »
 
 
 
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Midwest

 

Kansas Jury Awards Black Ex-Firefighter $2.43M in Discrimination Case

A Black Kansas City firefighter was subjected to racial discrimination then fired in retaliation for his complaints, a federal jury found...
 

People Moves: Kirk to CEO at BroadStreet Partners; UFG Promotes Albertson

BroadStreet Partners BroadStreet Partners Inc., an insurance brokerage holding company headquartered in Columbus, Ohio, has appointed Ken...
 

1 Dead After Dozens of Vehicles Crash on Snowy Wisconsin Highway

Dozens of vehicles crashed in near whiteout conditions on a Washington County, Wisconsin, interstate, killing one person and seriously...
 
More Midwest News »
 
 

Insurance Jobs

 

Personal Lines Customer Service Representative (CSR) or Account Manager - REMOTE - Work At Home Vintage Experts - Remote

 

Commercial Lines Underwriter - Insurance Company - REMOTE - Work At Home Vintage Experts - Remote

 

Investigative Researcher - PolicyFind - Remote

 
 
 

Southeast

 

Florida House Overwhelmingly Approves Consumer Privacy Bill

The Florida House resoundingly approved a consumer privacy bill on Wednesday, giving the public an opportunity to regain ownership of the...
 

Hackers Publish Florida School District Files After $40M Ransom Unpaid

Hackers who sought $40 million in ransom from a South Florida school district that refused to pay have now published nearly 26,000 stolen...
 

People Moves: West Town Hires Roberson in North Carolina; Stephens Insurance Adds McGriff's Graham in Alabama

West Town Insurance Agency of North Carolina Hires Roberson as Producer West Town Insurance Agency, Inc. has added Amy S. Roberson, a...
 
More Southeast News »
 
 
 
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8 New Classes Announced!
 
April webinars are now live for the Academy of Insurance. April offerings include CGL Master Class and The Who, What, Why, and How of 21st Century Insurance Professional Onboarding.
 
See Whole Lineup
 
Academy of Insurance
 
 
 
 

South Central

 

NTSB: 2 of 6 Killed in Massive, Icy Texas Crash Had Exited Cars

Two of the six people killed in a massive crash involving about 130 vehicles on an icy Texas interstate in February were fatally struck...
 

Louisiana Target LSU Sex Assault, Harassment Scandals

Louisiana senators on April 21 started moving legislation prompted by the sexual misconduct scandals at Louisiana State University,...
 

People Moves: Marze to Dwight Andrus Insurance; BenefitMall Adds Mitchell, Promotes Sims

Dwight Andrus Insurance Dwight Andrus Insurance in Lafayette, Louisiana, has added Hayden Marze as a commercial lines producer. Hayden...
 

Northwest Louisiana Condominium Building Destroyed by Fire

A fire at a northwest Louisiana condominium complex has destroyed 30 units. The Shreveport Fire Department tells local news outlets that...
 
More South Central News »
 
 

West

 

Cal/OSHA Cites Company $108K in Fatal Pressure Vessel Incident

Cal/OSHA has cited Sierra Pacific Industries $108,300 for workplace safety and health violations after one of its employees was fatally...
 

Concerns Raised over Possible Flooding in Western Alaska

A heavy winter snowpack along the Kuskokwim River could make flooding likely this year in western Alaska, a federal weather official...
 

Insuring Cannabis Webinar Take Home: Carriers, Brokers Waiting on Sidelines

There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize....
 

Suit Pitting Insurers Against Washington Commissioner Getting Heard

A case pitting several insurer groups against Washington Insurance Commissioner Mike Kreidler is set to be heard on Friday morning. The...
 
More West News »
 
 

International & Reinsurance

 

Cyber Attacks and Data Loss Are Top 2 Risks Facing Directors & Officers: WTW Survey

Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices...
 

Insurer for Ever Given Container Ship Appeals Detention by Egypt After Suez Grounding

LONDON - UK Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed an...
 

Climate Change Activists Protest at Lloyd's of London, Dumping a Load of 'Coal'

Lloyd's of London was the focus of climate change activists on Friday, when a group called "Insurance Rebellion" used a dump truck to...
 

Up to 40% of Losses from Frost Damage at French Vineyards Are Uninsured

PARIS - Frost damage to French vineyards this month could reduce wine production by nearly a third compared with recent years, farm...
 

Lloyd's Receives 'AA-' from Its New Rating Agency KBRA

Kroll Bond Rating Agency (KBRA) has assigned an "AA-" insurance financial strength rating (IFSR) to Lloyd's with a stable outlook. Newly...
 

Ex-Deloitte Auditor Faces Disciplinary Action for Improper Audit of S. Africa's Steinhoff

An ex-Deloitte LLP partner is facing disciplinary action in the Netherlands for an improper audit of Steinhoff International Holdings NV...
 

AM Best Revises Outlooks to Positive for Convex Group's Subsidiaries

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term...
 
More International & Reinsurance News »
 
 
 
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Research and Webinars

 
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COVID-19 Impact: Guide to Insuring Emerging Risks Facing Nonprofits

Discover forward-thinking approaches to address the emerging risks challenging your nonprofit clients and prospects. Nonprofits...
 
research

Loss Control: Raising the Bar for Commercial Auto

Loss control is one of the most underutilized services by agents and brokers in the commercial auto industry.  Understanding...
 
research

The SEO Guidebook for Insurance Agents

Have you thought about how your insurance agency can be found online? Consumers have been turning to the internet to shop for...
 
research

How Has COVID-19 Impacted Workers' Compensation

As a retail broker, you have likely addressed some tough pandemic-related questions from your business clients – from...
 
research

How to Adopt the 'Always-On' Growth Model

Surviving as an independent agent is no longer the name of the game. Modern agencies want to grow their business more than...
 
More research and webinars »
 
 

Insurance Journal TV

 
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If The 'Vape Crisis' in Cannabis Taught Us One Thing, It's That It's Never Too Soon to Think About Long-Tail Risks

Aside from the vape crisis that never rose to the level of a true crisis for the cannabis...
 
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EP. 12: Social Engineering Risks Rising, but Cyber Coverage Still Lacks

The COVID-19 pandemic has upended the work environment in many ways, and cyber experts say one...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

What's the best Cluster/Agent Network to Join (Florida)

Posted: Fri Apr 23 -- hello Josh i read your post today. did you find anyone to work with ? i'm now in the same boat . after deep studying the industry . im still... brunol
 
Go To Forums »
 
 

Reader Comments

 

Texas House OKs Bill Allowing Carrying of Handguns in Public Without Permit

Posted: Mon Apr 19 -- "Texas handgun owners would no longer need a license or training...." If you need a license and training to operate a vehicle, you should... Rosenblatt
 

Lemonade Revving Up to Enter Car Insurance Market

Posted: Tue Apr 20 -- The irony . . . lemons and cars! I wish them all the best in this new endeavor and will be selling my remaining holdings before this launch. Mr. Integrity
 

Two Die in Tesla Crash in Texas

Posted: Mon Apr 19 -- The increased stupidity of people never ceases to amaze and sadden me. Rosenblatt
 

California Legislature Votes Down Fracking Ban

Posted: Fri Apr 16 -- “There is a large stain on California’s climate record, and that is oil,” Wiener said during a committee hearing". The only stain on... Retired Underwriter
 

Chubb CEO Greenberg Reiterates Call for Litigation Reform

Posted: Mon Apr 19 -- I've been saying what Mr. Greenberg is saying for a long time. This mass litigation is very damaging to the country as a whole, and now we... Bill Stewart, CPCU, ARM
 
Go To Popular Comments »
 
 
 
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