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Today's Headlines

 
April 30, 2021
 
Today's Headline Sponsor: Berkshire Hathaway Specialty Insurance (BHSI)
 
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National

 

Watchdog Warns Withdrawal of Actuarial Principles Could Harm Consumers

U.S. regulators should strengthen their oversight of insurers to prevent potential overcharging and discrimination in selling coverage...
 

As Ransomware Criminals Get More Ruthless, Experts Call for Multi-Pronged Response

Political hand-wringing in Washington over Russia's hacking of federal agencies and interference in U.S. politics has mostly overshadowed...
 

Judge Wants NRA to Name Insurance Witnesses in Claims Against New York

A judge ordered the National Rifle Association to provide the names Lloyd's of London agents or employees who the gun rights group says...
 

Uber, Lyft, Other Gig Firms Worried About U.S. Push to Reclassify Workers as Employees

Under growing threat by a new U.S. administration insistent on reclassifying ride-hail and food delivery workers as employees with full...
 

Biden's Labor Chief Walsh Weighs Employee Status for Many Gig Workers

President Joe Biden's top labor official said most gig workers in the United States should be classified as "employees" deserving of...
 

GM Says It Has Software Fix for Electric Car Bolt's Battery Fires

Engineers at General Motors have figured out how to fix a battery problem with the Chevrolet Bolt electric hatchback that caused five of...
 

Lack of Travel Has Harmed Business Relations, Chubb Survey Finds

Business travelers are eager to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and...
 

Neptune, Transverse to Expand Flood Offering with $30M Premium Capacity Program

Neptune Flood, an AI-driven flood insurance provider, has expanded its capacity through a new program sponsored by Transverse Insurance...
 

A Sure-ty Bet: Why Agents Should Specialize in the Commercial Surety Space

Agents with clients who need license and permit bonds, miscellaneous bonds, court bonds, or any number of bonds classified as...
 
More National News »
 
 
 
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East

 

University of Hartford Wins 2021 Spencer-Rims Risk Management Challenge

During the RIMS LIVE 2021 Virtual Conference finale, RIMS CEO Mary Roth and RIMS President Ellen Dunkin announced the University of...
 

Pennsylvania Regulator Asks Insurers To Assess Pandemic's Impact in Rate Filings

The Pennsylvania Insurance Department has issued guidance for property/casualty insurers in the state to continue to assess the impact of...
 

New York Begins Probe Into Toxic Metals in Baby Food

New York's attorney general said on Thursday she has opened a probe into whether baby food contains arsenic and other toxic metals, and...
 
More East News »
 
 
 
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Midwest

 

Illinois Black, Latino Nursing Home Deaths Linked to Overcrowding

Overcrowding at some Illinois nursing homes caused a disproportionate number of preventable deaths among Black and Latino residents...
 

Committee Votes Down Missouri Bill to Block COVID-19 Lawsuits

A Missouri bill to shield businesses from coronavirus-related lawsuits has failed in committee, casting doubt on its chances of passing...
 

Milwaukee Area Water Technology Facility Faces $234K in OSHA Penalties

Federal workplace safety officials have cited a water technology company after an employee was injured when a guardrail loosened and he...
 

Wisconsin's M3 Insurance Unveils M3 Elevate for Small Businesses, Individuals

Madison, Wisconsin-based M3 Insurance (M3), an insurance broker and risk management firm with seven locations throughout Wisconsin and...
 
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Southeast

 

Duke Energy Helicopter Crashes in North Carolina; 1 Killed, 2 Injured

The pilot of a Duke Energy helicopter was killed Wednesday when the aircraft went down in a wooded area while surveying power lines,...
 

Democrat State Rep. Wilson to Run for Georgia Insurance Commissioner

A Democratic state House member announced on Wednesday that he's running for Georgia insurance commissioner, aiming to defeat appointed...
 

Aid Approved for 8 Alabama Counties from March Storms

President Joe Biden has approved federal disaster aid for eight Alabama counties where tornadoes and strong winds caused damage over two...
 

HG Holdings to Acquire National Consumer Title Insurer From Southern Fidelity

North Carolina-based HG Holdings said it has agreed to acquire 100% of the equity of Florida-based National Consumer Title Insurance Co....
 
More Southeast News »
 
 
 
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8 New Classes Announced!
 
May webinars are now live for the Academy of Insurance. May offerings include New Classes from Dr. Brenda Wells and Chris Burand plus our favorite and least favorite Commercial Property endorsements.
 
See Whole Lineup
 
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South Central

 

Texas Insured Who Paid Part of Settlement May Seek Recovery from Carrier

A woman who chipped in $100,000 toward a settlement after a car crash can sue her insurer to seek recovery of that cost, but cannot seek...
 

Louisiana 2020 Hurricane Insured Claim Costs Still Rising

Insurers have increased by 25% since the end of last year estimates of the claims costs for three hurricanes that struck Louisiana in...
 

Lawsuit Over U.S. Wage Rule Focused on Louisiana Crawfish Processors

Federal regulators are using an illegally adopted rule and unreliable research in allowing Louisiana crawfish processors to hire foreign...
 
More South Central News »
 
 

Insurance Jobs

 

Accounting & Financial Reporting Manager - Premier Careers, Inc. - Davenport, IA

 

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

 
 
 

West

 

People Moves: InterWest Names Espinosa Senior Director in California, IMA Adds Washington to Executive Leadership

InterWest Insurance Services has named Brad Espinosa senior director in its surety division. He will be based in Sacramento, Calif., and...
 

Settlement Reached in Lawsuit Against Affluent Montana Club

Dozens of Jamaican citizens recruited to work as cooks, servers and housekeepers at a Montana ski resort for the ultra-rich have reached...
 

Vegas Health Officials Link More Liver Ailments to 'Real Water' Brand

Health officials in Las Vegas reported six more cases of liver illness this week believed to be linked to a commercially marketed bottled...
 

California MGU Foresight Expands Commercial Property Offerings

San Francisco-based Foresight Risk & Insurance Services is offering new commercial property insurance lines coverages including inland...
 

Reno, Nevada, to Settle Lemmon Valley Flood Lawsuit for $4.5M

Reno, Nevada, city officials said they have reached a tentative agreement to pay $4.5 million to settle a lawsuit brought by residents...
 
More West News »
 
 

International & Reinsurance

 

UK Supreme Court Urged to Allow Privacy Class Action Against Google

Blocking a proposed British class action against Google, that alleges it secretly tracked millions of iPhone users a decade ago, risks...
 

China Continues Crackdown on Fintech Firms

BEIJING -- Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights...
 

Liberty Mutual Weighing Options, Delays Australian Coal Mine Project

MELBOURNE -- U.S. insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia, it said...
 

H.W. Kaufman Expands in Europe, Adding Amsterdam Office, London Healthcare Unit

U.S.-based specialty insurance firm H.W. Kaufman Group is expanding within Continental Europe through the opening of a new office in...
 

CFC to Launch Lloyd's Syndicate with Asta as Manager

LONDON -- Specialty insurance underwriter CFC reported that Lloyd's of London has given preliminary approval to the creation of CFC...
 

People Moves: Berkley Re UK Names Himmer; RSG Transactional Risks Adds Schiener

W.R. Berkley Corp. named Clare Himmer as president of Berkley Re UK Limited, effective September 1, 2021. In the interim, Richard...
 

EU Seeks Review of GMO Rules for Gene-Edited Crops

BRUSSELS -- The European Commission launched a review of EU rules on genetically modified organisms (GMOs) on Thursday, opening the door...
 
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

Learn how insurtech is solving common issues for independent agents.

Historically, it's been difficult for independent agents to profitably place commercial lines, but insurtech is quickly changing...
 
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5 Areas to Assess Loss Controls with Commercial Auto Clients

Loss control is one of the most underutilized services by agents and brokers in the commercial auto industry.  Understanding...
 
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The Big Easy Button for Customer Experience in Insurance

Like most industries, insurance companies are accelerating their ability to improve their customer experience to meet new...
 
research

Getting the Most Out of Your Agency Data

To succeed and grow in a digital-first world, insurance agencies need to know and use the data in their technology. Agencies...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 22: 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

 

Explosion at Gender Reveal Party Rocks Several New Hampshire Towns

Posted: Tue Apr 27 -- Obviously another example of NOT being the sharpest knives in the drawer. As we say in the South, "Bless their hearts." I'm all for having a... Placement GURU
 

GEICO Must Pay $2.7M After Failing to Accept $30K Offer: Georgia Supreme Court

Posted: Tue Apr 27 -- This story has more holes than Swiss cheese. What were Guthrie's injuries? GEICO's offer had to be based on the information they had... GenXUnderwriter
 

Judged Rules for Washington Insurance Commissioner on Credit Scoring Ban

Posted: Fri Apr 23 -- Several of the consumers with above average credit scores will receive significant rate increases. The industry needs to effectively... Observor
 

Florida Drives Toward Repeal of Motor Vehicle No-Fault Law

Posted: Mon Apr 26 -- Anyone ever look at the financial advertising spend of attorney's in Florida? Specifically around auto claims? Maybe legal reform could... David Graham
 

Lemonade Revving Up to Enter Car Insurance Market

Posted: Mon Apr 26 -- That's what they said about real estate agents, so yes Zillow and Trulia changed the market but you still need "people" to help the client.... NYAgent301
 
Go To Popular Comments »
 
 
 
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