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Today's Headlines

 
August 20, 2021
 
Today's Headline Sponsor: Berkshire Hathaway Specialty Insurance (BHSI)
 
Sponsored by: Berkshire Hathaway Specialty Insurance. Claims is Our Product. Click here for more information.
 
 

National

 

With Federal Legalization Expected, Cannabis Insurers Quietly Get Ready to Roll

Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as...
 

Digital Auto Insurer Root Will Add Independent Agents to Its Distribution

Digital auto insurer Root saw its loss ratio spike in the 2021 second quarter as higher costs for repairs, used vehicles and miles driven...
 

Judge Grants Conditional Approval for Boy Scouts Sex Abuse Bankruptcy Plan

The Boy Scouts of America has received a green light from a judge to proceed with its $850 million reorganization plan to exit bankruptcy...
 

Tech Giants Are 'Too Big to Fail' Because They Host Insurers, Banks on Cloud Platforms

More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial...
 

'Best Agency to Work For' Nominations Open: Submit Now

Is your independent insurance agency a Best Place to Work? If so, why not nominate your agency as a "Best Agency to Work For" in 2021? To...
 

Early COVID-19 Vaccinations Prevented 140,000 Deaths: Study

A new study by Indiana University and RAND Corp. assessed the impact of COVID-19 vaccinations and found that 139,393 deaths were...
 

State, Federal Regulatory Enforcement a Focus as Cyber Crime Grows

As ransomware attacks are on the rise and cyber risks continue to mount, experts say there has been "a paradigm shift in cybersecurity...
 

Catastrophe Bond Market Breaks New Record with $8.5 Billion of Securities Issued

Catastrophe bonds broke a record during the first half of the year with about $8.5 billion of new securities issued, according to a report...
 

Opioids are the Next Tobacco. Are Antibiotics the Next Opioids?

The fact pattern is familiar. Drug companies market a legal and regulated drug, resulting in significant...
 
More National News »
 
 
 
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Latest EPLI Trends
 
Discover the 5 trending EPLI claims and how you can help your clients prevent them.
 
Learn Now
 
AmTrust Financial
 
 
 
 

Featured Events

 
Insurance AI and Innovative Tech USA 2021

Insurance AI and Innovative Tech USA 2021

September 14 / Virtual
 
IIABAZ 2021 Convention & Trade Show

IIABAZ 2021 Convention & Trade Show

September 21 / Glendale AZ
 
 
 

East

 

Maine Enacts Law That Will Ban Use of 'Forever Chemicals' in All Products by 2030

Maine last month enacted a law that makes it the first U.S. state to ban the use of PFAS, or per- and polyfluoroalkyl substances, in...
 

Tropical Storm Henri Could Strike New York, New England as Hurricane Starting Sunday

Tropical Storm Henri is set to grow into a hurricane before slamming the U.S. Northeast anywhere from Long Island to Massachusetts,...
 

Six Maryland Law Enforcement Officers Facing Fraud-Related Charges

Six Maryland law enforcement officers are facing federal indictment for charges related to schemes to defraud financial institutions and...
 
More East News »
 
 
 
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IJ's Top 100 Independent P/C Agencies
 
A special thanks to Smart Choice for making
this report available to you free of charge.
 
See List Now
 
Insurance Journal
 
 
 
 

Midwest

 

New University of Iowa Utilities Contractor Fined After Worker's Fall

A contractor that recently took over management of the University of Iowa utility system has been cited for safety violations after a...
 

Kansas City Police to Pay $200K in Settlement With Demonstrator

A man who suffered a compound fracture to his leg when he was hit by a tear gas canister during racial injustice protests last summer has...
 

Some Rural Midwest Bankers Concerned About Drought's Impact on Business

The economy continues to grow in rural parts of 10 Plains and Western states, according to a new monthly survey of bankers in the region,...
 
More Midwest News »
 
 

Insurance Jobs

 

Associate Research Professional - Alabama Center for Insurance Information and Research (ACIIR) - Alabama Center for Insurance Information and Research - Tuscaloosa, AL

 

Claims Director - Citizens Inc - Austin, TX

 

Client Engagement Manager - Praedicat - New York, NY

 

Personal Lines (Assistant) Account Manager - Hill & Usher, LLC - Phoenix, AZ

 

Sr. Claims Examiner - Stillwater Insurance Company - Remote

 
 
 

Southeast

 

People Moves: CSRisks Promotes Sedliak; Pinnacle Adds Linton in Tennessee

CSRisks Capitol Special Risks, a division of Specialty Program Group, LLC, announced that Amanda Sedliak will succeed Dorothea Westin as...
 

Florida-Based King Insurance Acquires Robert Blakeley

King Insurance, a full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits...
 

Fourth Person Charged over Failed South Carolina Nuclear Plant Project

A fourth business executive faces criminal charges stemming from a federal investigation into a failed multibillion-dollar project to...
 
More Southeast News »
 
 

South Central

 

Louisiana's Orleans Parish to Pay $2M to Exonerated Man in Settlement

Local prosecutors have reached a $2 million settlement with a New Orleans man who spent 23 years in prison before being cleared on...
 

Effective Sept. 1 All Auto Insurers in Texas Must File Rates with Actuarial Support

A bill that becomes effective in Texas repeals a section of the state's insurance code that allows certain auto insurers to file rates...
 

Texas Summarizes Workers' Comp Bills Passed in 2021

Several bills passed in the Texas Legislature this year impact the state's workers' compensation insurance system. Below, the Texas...
 
More South Central News »
 
 

West

 

Nevada Senator Wants Ideas to Address Wildfire Smoke

Sen. Catherine Cortez Masto is urging firefighters, scientists, teachers and moms to help form new strategies to deal with increasingly...
 

California Wildfire Season Setting a Record, More Damage Expected

Smoke from California's wildfires choked people on the East Coast. Flames wiped out a Gold Rush-era town. The acreage burned would dwarf...
 

Lawsuit Filed in Wyoming Says Mixup Kept Family at Gunpoint

Yellowstone National Park rangers and Wyoming sheriff's deputies seeking a murder suspect held a vacationing family at gunpoint for an...
 

California Commissioner Issues Non-Renewal Moratorium to Aid Policyholders Affected by Wildfires

California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies from...
 
More West News »
 
 

International & Reinsurance

 

Tech Giants Are 'Too Big to Fail' Because They Host Insurers, Banks on Cloud Platforms

More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial...
 

Climate Activists Plan 2 Weeks of Protest in City of London

Environmental activists who caused days of traffic chaos in London two years ago said on Wednesday [Aug. 18] they would start a fortnight...
 

Mining Giants Face Reckoning About Sexual Harassment as BHP Fires 48 Workers

Women still face a threat to their safety at remote mine sites across the globe. It's a challenge the industry is grappling with after...
 

Russia's Nord Stream Pipeline 99% Complete, but Insurance Needed Before Gas Flows

A controversial Russian pipeline to Europe can deliver its first batches of natural gas to Germany this year, according to Gazprom PJSC....
 

AM Best Assigns 'B++' (Good) Credit Rating to Bermuda-Based ASR Re Ltd.

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of "bbb+" (Good) to Bermuda-based ASR...
 

Mosaic and DXC Technology Launch Technology Platform for Specialty Insurance

Mosaic Insurance and DXC Technology announced the launch of an insurance technology platform that increases the speed at which specialty...
 

Willis Towers Watson Promotes Mead to Canadian Property/Casualty Broking Leader

Insurance broker Willis Towers Watson announced that Kate Mead is the new head of its Canadian property/casualty broking team. Previously...
 

People Moves: Former Willis Re CTO Joins Placement Platform Supercede; Sedgwick Hires Cordingley for Event Response in Australia, Cooper for Asia Biz Development

Reinsurance Placement Platform Supercede Hires Former Willis Re CTO Supercede, the London-based global reinsurance placement platform,...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
research

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...
 
research

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...
 
research

State of the Market - Second and Third Quarter, 2021

It goes without saying, the last two years have not been easy. We have experienced some of the hardest market conditions most of...
 
research

Addressing Professional Liability Risks for CPA Firms

With today's expanding technology and issues surrounding audits, cybersecurity, regulatory & tax reform challenges as well...
 
research

2021 Agency Guide to Get More Leads

Do you want to learn how to generate and convert more leads for your insurance agency? Your agency needs a prospecting strategy...
 
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...
 
adv

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...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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