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August 13, 2021
 
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National

 

Hearings Get Underway Into Boy Scouts Bankruptcy Plan Opposed by Insurers

An attorney for the Boy Scouts of America told a Delaware judge on Thursday that the group's national board never adopted a resolution...
 

What's at Stake in Boy Scouts Bankruptcy Case

The Boy Scouts of America sought bankruptcy protection in February 2020 to halt thousands of lawsuits by men who said they were molested...
 

Pass Measures to Lower Prescription Drug Prices, Biden Urges Congress

President Joe Biden on Thursday called on U.S. lawmakers to enact legislation aimed at lowering drug prices, including allowing Medicare...
 

Arthur J. Gallagher Agrees to Buy Willis Re

Global insurance broker Arthur J. Gallagher & Co. has agreed to acquire the treaty reinsurance brokerage operations of Willis Towers...
 

Overheated, Underprotected: Climate Change Is Killing U.S. Farm Laborers

Florencio Gueta Vargas showed up for his usual shift at a hops farm in Toppenish, Washington, on Thursday, July 29. The father of six...
 

McDonald's Franchise Settles Workers' COVID-19 Lawsuit

A McDonald's Corp. franchise in Oakland, California, has agreed to take steps to protect workers from COVID-19 to settle a 2020 lawsuit...
 

UnitedHealth Pays Restitution, Fine to Settle Charges It Illegally Denied Coverage

UnitedHealth Group Inc., the largest U.S. health insurer, has settled federal and New York state charges it illegally denied coverage to...
 

DUAL to Acquire Align Financial Holdings

London-based DUAL, the underwriting arm of Howden Group Holdings, has agreed to acquire Align Financial Holdings, a specialist general...
 

Concerned Scientists Outline What U.S. Should Do to Deal with Climate Change

Six insurers have ruled out Arctic refuge drilling, according to a report out this week from the Gwich'in Steering Committee. The...
 

How Evolving Copyright Law Is Opening New Doors for Litigation

There has been a substantial uptick in litigation involving copyright infringement in the music industry thanks a groundbreaking decision...
 

How to Value an InsurTech

Next year, Chubb (tracing its roots back to the birth of the Insurance Company of North America) will turn 230 years...
 
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East

 

N.H. Insurance Department Issues Bulletin on Appointment of Insurance Producers

The New Hampshire Insurance Department (NHID) Commissioner Chris Nicolopoulos issued a bulletin reminding insurers that they must comply...
 

Massachusetts Tree Service Company Allegedly Retaliated Against Employees

The U.S. Department of Labor has obtained a consent preliminary injunction preventing a Holbrook, Massachusetts, tree service company and...
 

OneGroup Acquires Thomas Gregory Associates Insurance Brokers

Community Bank System Inc. acquired the assets of the New England-based Thomas Gregory Associates Insurance Brokers Inc. (TGA), a...
 

Liberty Insurance Brokers Partners with Budde Agency

The Liberty Company Insurance Brokers entered into a new partnership with The Budde Agency of Amityville, New York. Founded in 1936, The...
 
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Midwest

 

Alera Group Acquires Risk Consulting Partners

Deerfield, Illinois-based Alera Group acquired Risk Consulting Partners (RCP), a firm that specializes in working with private equity...
 

6 Tornadoes Confirmed in North Dakota's Red River Valley

The National Weather Service confirmed the severe thunderstorms that moved through northern parts of the Red River Valley earlier this...
 

Jury: North Dakota Hotel Not Civilly Responsible for Deadly Fight

A jury has reached a verdict in a civil case involving a Fargo hotel and a fatal fight outside its doors. Jurors decided The Hotel...
 
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Insurance Jobs

 

Account Associate (Hybrid Work Schedule) - Mackoul Risk Solutions - Island Park, NY

 

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P&C Insurance Product Analyst - MAPFRE Insurance - Webster, MA or Seattle, WA Area

 

Client Engagement Manager - Praedicat - New York, NY

 

Business Account Specialist - Quadrant Information Services - Remote (Austin, TX area required)

 
 
 

Southeast

 

People Moves: VanSickle Joins Carlton Fields; Beecher Carlson Adds Seagraves, Perron

Carlton Fields Law Firm Carlton Fields has added Erin J. VanSickle to the firm's Tallahassee office as a senior government consultant...
 

Tyson Farms Agrees to $3M Settlement for Causing 2019 Alabama Fish Kill

A $3 million settlement has been reached with Tyson Farms, Inc. over a 2019 wastewater spill that killed an estimated 175,000 fish _ one...
 

Increasing COVID-19 Vaccination Rates in Florida, Texas Could Have Saved 4,700 Lives Through July

The success of COVID-19 vaccination campaigns in many states demonstrates the real-world feasibility, and impact, of achieving high...
 
More Southeast News »
 
 

South Central

 

Increasing COVID-19 Vaccination Rates in Florida, Texas Could Have Saved 4,700 Lives Through July

The success of COVID-19 vaccination campaigns in many states demonstrates the real-world feasibility, and impact, of achieving high...
 

Texas Sees Increasing Numbers of Pedestrian and Bicyclist Deaths

Texas transportation officials say in 2020 there was a dramatic rise in the number of people killed walking and biking on roadways....
 

People Moves: Texas Agent, Padron, Named Invest Chair

Invest Invest, the classroom-to-career education program backed by the Independent Insurance Agents and Brokers of America, appointed...
 
More South Central News »
 
 

West

 

Colorado Freeway Buried by Mudslides to Open Saturday

Colorado Gov. Jared Polis says the state should be able to reopen a vital interstate highway corridor that was blocked by massive mud and...
 

Drought Devastates Washington State's Wheat Crop

The wheat harvest on Marci Green's farm doesn't usually begin until late August, but a severe drought stunted this year's crop and her...
 

California Justices Won't Limit Governor's Pandemic Powers

The California Supreme Court declined to consider reining in Gov. Gavin Newsom's emergency powers during the coronavirus pandemic,...
 

MAPFRE and AAA Form Jointly Owned Company Serving Washington, North Idaho

MAPFRE Insurance and AAA Washington entered into definitive agreements to form a jointly owned insurance company to write automobile and...
 
More West News »
 
 

International & Reinsurance

 

Arthur J. Gallagher Agrees to Buy Willis Re

Global insurance broker Arthur J. Gallagher & Co. has agreed to acquire the treaty reinsurance brokerage operations of Willis Towers...
 

Zurich Insurance CEO Backs Carbon Tax and Public-Private Cyber Partnership

Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible...
 

Global Insured Disaster Losses Reach US$42B in H1 as 2nd Highest on Record: Swiss Re

Estimated insured losses from natural catastrophes reached US$40 billion during the first half - driven by a deep winter freeze,...
 

Accenture: Systems Restored, 'No Impact' From Reported Ransomware Attack

Accenture said it has fully restored certain affected systems, after a CNBC reporter tweeted of a hacker group saying it attacked the IT...
 

China Regulators Step Up Scrutiny of Online Insurance Platforms in Widening Crackdown

China's banking and insurance watchdog is stepping up scrutiny of the nation's insurance technology platforms, widening a regulatory...
 

European Commission Clears Vienna Insurance Acquisition of Aegon's Businesses

The European Commission has granted competition law clearance for Vienna Insurance Group's proposed acquisition of Aegon's businesses in...
 

Climate Models May Have Underestimated Impact of Extreme Weather Events

As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe...
 
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Insurance Journal Blogs and Columns

 

Do's and Don'ts of Smart Contract Bidding

This post is part of a series sponsored by Old Republic Surety. As a surety bond producer at your independent agency, you are likely the...
 
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Research and Webinars

 
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The Dangers of Mold to Policyholders

Indoor mold is potentially dangerous and destructive – you don't want it in your home or business! Mold is found everywhere...
 
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What's Next for the P&C Industry in 2021?

The 2021 P&C Market Outlook Executive Summary provides agents with a valuable breakdown of the price predictions for...
 
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Rethink Your Agency Operations – 5 Levers for More Business Growth & Profitability

ReSource Pro offers five in-demand solutions for more unique business growth and profitability: Growth Solutions Policy...
 
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Addressing Professional Liability Risks for CPA Firms

With today's expanding technology and issues surrounding audits, cybersecurity, regulatory & tax reform challenges as well...
 
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Trends Impacting Your Transportation Clients

Agents and brokers dealing with transportation clients should have a solid grasp on the pandemic induced developments impacting...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 30: Product Liability Lawsuits Worth Watching in Cannabis

"There are plaintiff's attorneys out there that are actively trolling for cases involving...
 
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EP. 20: Hacking, But Make It Ethical: How 'The Good Guys' Are Boosting Cybersecurity

Sometimes, real life can be like the movies. At least, that's according to two ethical hackers...
 
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