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Today's Headlines

 
July 9, 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

 

Sweeping Biden Executive Order Aims to Promote Competition in Multiple Industries

President Joe Biden will sign a sweeping executive order designed to promote competition across American industries, calling on...
 

Check's in the Mail? Insureds Seek Claims Payments Options

Insurance companies focused on the customer experience may want to reconsider how they are delivering claims payments. Data from a...
 

Biden Order Targets Occupational Licensing, Noncompetes, Worker Data Sharing

President Joe Biden plans to sign an executive order that will reduce the ability of employers to prevent workers from going to rival...
 

Vendor Data Breach Exposed Morgan Stanley's Corporate Client Data

Morgan Stanley has disclosed that personal data of some of its corporate clients was stolen in January in a data breach that involved a...
 

P/C Agency Mergers Rise 10% in First Half of 2021: OPTIS Partners

There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020....
 

Employers, Employees Navigate Back to Office, Work from Home Plans

Last year, companies around the U.S. scrambled to figure out how to shut down their offices and set up their employees for remote work as...
 

Hearing Set on Boy Scouts $850M Settlement Agreement

A bankruptcy judge has set a July 29 hearing on the proposed $850 million settlement agreement the Boy Scouts of America have with...
 

People Moves: FM Global Sets CEO Succession; Berkley Fire & Marine and ArgoPro Name Presidents; Next Insurance Adds M&A Chief

FM Global Appoints Roberts as President, Succeeding Lawson Global commercial property insurer FM Global announced that Executive Vice...
 

AXA Partners, Club Med Launch Travel Insurance Program

Club Med and AXA Partners have signed an agreement to offer an insurance policy designed to cover unforeseen events that travelers may...
 

10 Phrases Confident Leaders Use

Communication is a key leadership skill. To lead others effectively, excellent communication is paramount. It not only...
 
More National News »
 
 
 
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Mortgage Guaranty Insurer For Sale
 
Domiciled in Arizona, widely licensed in 48 states & the District of Columbia. Only a small book of New York business remaining with strong loss reserve.
 
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PMI Insurance Co.
 
 
 
 

East

 

Ex-Liberty University Exec Files Lawsuit Alleging Racial Discrimination

A former NFL player hired last year to help lead diversity initiatives at Liberty University is suing the school, alleging racial...
 

AM Best Assigns Credit Ratings to Spinnaker Specialty Insurance Company

AM Best has assigned a financial strength rating of A- (excellent) and a long-term issuer credit rating of "a-" (excellent) to Spinnaker...
 

Massachusetts Man Sentenced to Prison for Workers' Compensation Fraud Scheme

A Massachusetts man has been sentenced to prison for a fraud scheme to evade payroll taxes and workers' compensation requirements in the...
 

How East States Are Preparing as Tropical Storm Elsa Makes Its Way Northeast

Tropical Storm Elsa made landfall in Florida yesterday and is moving to the Northeast at 20 miles per hour, with the National Hurricane...
 
More East News »
 
 

Insurance Jobs

 

Commercial Lines Compliance / Surplus Lines Tax Filings – REMOTE - Work At Home Vintage Experts - Remote / Nationwide

 

Reinsurance Specialist - Department of Financial Services - NYC, NY

 

Insurance Agency Bookkeeper - Work At Home Vintage Experts - Remote

 

Statutory Consultant - SS&C Technologies, Inc. - Remote

 

Insurance Sales Representative - Brightway Insurance - Jacksonville, Florida (remote applicants in Florida and Georgia may be considered)

 
 
 

Midwest

 

BMS Re Acquires Trean Intermediaries in Minnesota

BMS Re has acquired Trean Intermediaries, a Wayzata, Minn.-based independent reinsurance broker and services company. BMS Re has acquired...
 

Teen on Life Support After Deadly Iowa Adventure Park Incident

A teenager injured in an accident on an Iowa amusement ride that killed his younger brother remained on life support Wednesday as he...
 

Settlement Reached in Missouri Waffle House Shooting

The family of a man who was fatally shot by a security guard during a New Year's Day 2018 melee at a Columbia, Mo., Waffle House has...
 

Missouri Lawsuit: Former Sheriff Stole Drugs, Assaulted Plaintiff

A woman has alleged in a civil rights lawsuit that a former northwest Missouri sheriff gave her drugs and sexually assaulted her. The St....
 
More Midwest News »
 
 

Southeast

 

Columbia County, Georgia Fire Ruled Arson

A recent fire In Columbia County, Georgia has been ruled arson, according to Insurance and Safety Fire Commissioner John F. King's Fire...
 

Tropical Storm Elsa Leaves One Dead in Florida, Several Injured at Georgia Navy Base

Tropical Storm Elsa was carving a destructive and soaking path up the East Coast after killing at least one person in Florida and...
 

Surfside Condo Collapse Rescue Workers Transition to Recovery Phase

A somber moment of silence marked the end of the two-week search for survivors of a Florida condominium collapse, as rescue workers stood...
 
More Southeast News »
 
 

South Central

 

Air Force Mostly at Fault in Deadly 2017 Texas Church Attack, Judge Says

A federal judge has ruled that the U.S. Air Force is mostly responsible for a former serviceman killing more than two dozen people at a...
 

Texas Surplus Lines Premiums Reached $947.48M in June

Texas recorded $947.48 million in surplus lines premium, representing a 24.5% increase in premiums over June 2020, the Surplus Lines...
 
More South Central News »
 
 

West

 

California Seeing More Wildfires So Far Than in Disastrous 2020

The number of wildfires and amount of land burned in parched California so far this year greatly exceed totals for the same period in the...
 

County in Washington Ordered to Pay $900K to Worker Over Retaliation

A federal jury has ordered King County to pay about $900,000 to a Black senior Metro transit worker who said he was retaliated against...
 

Obsidian Acquires Western Home Insurance in California

Obsidian Insurance Holdings Inc. has acquired Western Home Insurance Co. from Western National Mutual Insurance Co. The acquisition...
 

California Insurance Company Pressing for its 'Day in Court'

U.S. District Court Judge William B. Shubb granted the motion by the California Department of Insurance to dismiss the lawsuit filed by...
 
More West News »
 
 

International & Reinsurance

 

EU Approves Aon-Willis Towers Watson Merger, but Other Roadblocks Remain

The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30...
 

Allianz' Investment Arm Plans to Cut Holdings in Coal Businesses

Allianz Global Investors plans to curtail investments in certain coal businesses by the end of the year. The 598 billion-euro ($707...
 

Lloyds Bank Fined $125M for Inaccurate Communications over Home Insurance Renewals

Lloyds Banking Group Plc's insurance unit was fined 90.7 million pounds ($125 million) by the UK Financial Conduct Authority for failing...
 

Consilium Unveils Delegated Underwriting Authority Services for Re/Insurance Market

Consilium, the London-based insurance and reinsurance broker, part of the Aventum Group, has unveiled "Exponential," a new global...
 

Guy Carpenter Launches Suite of Climate Advisory and Modeling Services

Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the launch of a suite of climate advisory and modeling...
 

People Moves: LoPiccolo Takes on Client Engagement at AXIS Re; WTW's Layton Joins Lockton Re; Futers Returns to RMS in UK

In today's International People Moves, appointments are detailed from AXIS Re, Lockton Re and catastrophe modeling company RMS. A summary...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

Florida Rejects PIP Reform Again

It might be shocking, but not only do I work for the fine people who publish Insurance Journal, but I read Insurance Journal. I'm...
 
More Blogs »
 
 

Research and Webinars

 
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Discover how data and analytics can uncover maximum carrier commissions potential.

Data and analytics are transforming the insurance industry, and independent agencies have the perfect opportunity to transform...
 
research

Risk Management Checklist

Businesses choose to work with brokerage firms that make them smarter, protect them from risk, and generally, make life easier....
 
research

Harvard Business Review Analytic Services on the Future of Customer Experience in Insurance

This compelling report by Harvard Business Review Analytic Services on the Future of Customer Experience in Insurance addresses...
 
research

Beyond Survival: Key Strategies to Thrive as an Independent Agent

We surveyed and interviewed independent agents from across the United States to understand the hurdles they face, the...
 
research

The Challenges of Insurance for the Cannabis Industry

For brokers to successfully tap into cannabis-related business opportunities and ensure their clients have the right coverage, a...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 27: These Cannabis Questions Must Be Answered in Final Six Months of 2021

At the half-way mark in 2021 as we emerge from the pandemic, one has to wonder what the rest...
 
adv

EP. 17: Leading by Example: How Insurers Can Manage Cyber Risk Within Their Own Operations

Insurers often advise clients on cyber resilience, however, many in the industry overlook...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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