Insurance Journal

Today's Headlines

June 11, 2021
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National

FBI Chief Wray Warns Cyber-Attacked Firms Not to Pay Ransoms

Companies and organizations that are victims of ransomware attacks shouldn't pay hackers to unlock their data and should quickly contact...

Following Pandemic, Cyber Vaccines Needed to Protect Digital Economy: Viewpoint

A surge in cyber attacks and ransomware hacks since the start of pandemic lockdowns is alarming for a world of finance moving headlong...

EPA to Revisit Health Standards for Harmful Soot From Industrial Plants, Cars

The U.S. Environmental Protection Agency (EPA) said on Thursday it would re-examine health standards for harmful soot that the previous...

NFL Offering $1 Million for Research Into Opioid Alternatives Including Cannabis

The NFL says it plans to fund research into alternative pain medications to opioids, including potential studies on whether cannabis can...

Video Game Firm Electronic Arts Reports Data Breach

Electronic Arts Inc. is investigating a recent data breach, where some of its game source code and related tools were stolen, the video...

The Ups and Downs of Insuring Tribal Cannabis

There are numerous hurdles that cannabis businesses must get over to get properly insured - price, availability, exclusions, marijuana...

How Liability Immunity for Vaccinations Affects Healthcare

When the race was on in earnest to develop and deploy an effective COVID-19 vaccination, much was made about the fact that pharmaceutical...
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Understanding Today's Flood Risks, Upcoming NFIP Changes from Risk Rating 2.0

Flooding is the costliest — and the most common — natural disaster to significantly impact communities across the United States, The PEW...
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Crash Alert: Why It's Time for More Auto Insurance Rebates

Two insurance research analysts are warning about dangerous trends shaping up on America's roadways and asking auto...
More National News »
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Featured Events

The Future of Insurance USA 2021

The Future of Insurance USA 2021

June 22 / virtual

East

Proposed Bill Allowing Rider for Pandemic BI Coverage Moves Forward in New Jersey

A New Jersey bill that would allow business interruption insurers in the state to add a rider for virus and pandemic coverage is moving...

Connecticut Officer Resigns and Receives Payout After Fatal Traffic Stop

A former Connecticut police officer, who shot and killed an 18-year-old motorist during a traffic stop, received a $100,000 payout from...

Maryland Newspaper Gunman Weighed 'Timothy McVeigh-Style' Attack

The man who killed five people at a Maryland newspaper told a state psychiatrist he wanted to destroy a building "Timothy McVeigh-style"...
More East News »
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Midwest

Judge Rules in Utility's Favor in Suit over Deadly Indiana Explosion

A judge has ruled in favor of a utility in a lawsuit filed over a 2017 natural gas explosion in southwestern Indiana that killed two...

Worker Dead After Becoming Stuck in Iowa Cattle Farm Manure Tank

A man died after becoming stuck in a manure tank on an eastern Iowa cattle farm, authorities said. The death occurred on June 8 at a farm...

Indiana Cop Was Speeding Before Hitting, Killing Pregnant Woman: Lawsuit

An Indianapolis police officer was speeding and made an illegal lane change just before his patrol car struck and killed a pregnant woman...
More Midwest News »
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Insurance Journal

Southeast

Newly-Enacted Florida Property Insurance Reform Bill Said to Be Already Working

Florida Gov. Ron DeSantis on Friday officially signed into law reform legislation on property insurance and roofing contractor practices,...

Alabama City, Police Officer Seek Delay in Wrongful Death Lawsuit

The city of Huntsville is again siding with a police officer convicted of murder and asking a federal court to delay action on a wrongful...

Drought Conditions Declared for 6 South Carolina Counties

A dry spring has led a committee to declare that six counties in northeast South Carolina are in the first level of drought. The South...

Now Available: Insurance Journal's Focus on Florida Special Edition

Check out Insurance Journal's recent special edition on Florida including a special report on new legislation to help Floridians who are...

U.S. Drug Enforcer Testimony Cites 'Systemic Failure' in Monitoring by Opioid Distributors

A retired high-ranking official with the Drug Enforcement Administration has testified that three large opioid distributors had a...

South Carolina High Court Nixes Felony 'Step-Down' Provisions in Auto Insurance

A South Carolina Supreme Court opinion published last week nullifies auto insurance policy provisions that "step down" the maximum payout...
More Southeast News »

Insurance Jobs

Customer Service Representative - Quilty, Dwyer & Larkin - Kingston, NY

Senior Accountant - Incline Insurance Group - Bee Cave, Texas

Commercial Account Manager - Transportation Heavy Accounts - SWZ Insurance - Fort Worth, TX

Sales Executive - Alacrity Solutions - Remote

Commercial Auto Underwriting Manager - Topa Insurance Company - Remote

South Central

AM Best Removes Ratings of Louisiana's Gray Casualty & Surety from Under Review

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the...

178 Unvaccinated Employees Suspended at Houston Hospital

A Houston hospital has suspended 178 employees for two weeks without pay for not complying with demands that they be vaccinated against...

Texas Healthcare Providers to Pay More than $1M in False Claims Case

Three separate Texas healthcare providers will pay a collective $1,056,340.50 to resolve liability under the False Claims Act for the...

Texas Grape Growers Sue over Damage from Cotton Herbicide

Wine grape growers in Texas and surrounding states have filed a lawsuit against drug maker Bayer-Monsanto and chemical giant BASF for the...
More South Central News »

West

Crest Acquires SJS Insurance in Arizona

Crest Insurance has acquired SJS Insurance LLC in Arizona. Owner and CEO Jason Sheahan, and Chad Suter, owner and president, as well as...

Settlement in Longtime Contamination Suit Reached Between Montana Residents, ARCO

A civil lawsuit between Montana residents and an oil company that dragged on for more than a decade has ended quietly after a judge...

Road Work Started Wildfire in Arizona Mining Town, Sheriff Says

A May 27 wildfire that destroyed or damaged 24 homes and threatened many other structures in the remote mining town of Bagdad was caused...

Controversial California Workplace Mask Rule Withdrawn

California's workplace regulators have withdrawn a controversial pending mask regulation while they consider a rule that more closely...

Large Part of Resort in Southern Oregon Destroyed in Fire

A fire has destroyed much of a resort on the Rogue River in Southern Oregon, authorities said. The Rural Metro fire department in...
More West News »

International & Reinsurance

We Can Work It Out: Negotiations Likely on COVID-19 Reinsurance Losses

Catastrophe excess of loss reinsurance contracts "never anticipated an event like a pandemic," but cedents can still expect compromises...

Keystone XL Oil Pipeline Is Terminated After Years of Climate Activism

TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that became a...

Brazil Judge Orders Vale to Pay Damages to Families of Victims of 2019 Mining Disaster

BRASILIA - A regional labor judge has ordered Brazilian miner Vale SA to pay 1 million reais ($197,240) in compensation to each of the...

May's Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption

U.S. insurers face a multi-billion-dollar payout from May's convective storms, which spawned extensive hail, tornado, wind and flood...

People Moves: Peak Capital's Manning to Miller; Carpenter's Jones to Lockton Re, and Aon's Mula to McGill and Partners

This wrap-up of international People Moves details recent appointments at three brokers: Miller, Lockton Re and McGill and Partners. A...

Deloitte Sued for Allegedly Failing to Find 'Irregularities' in Audits of Singapore Oil Trader

A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm...
More International & Reinsurance News »

Research and Webinars

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Discover how to address the emerging risks challenging your nonprofit clients

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

Businesses choose to work with brokerage firms that make them smarter, protect them from risk, and generally, make life easier....
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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...
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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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Mold: Dangerous, destructive and costly to your policyholders

Indoor mold is potentially dangerous and destructive – you don't want it in your home or business! Mold is found everywhere...
More research and webinars »

Insurance Journal TV

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EP. 15: Experts Call Colonial Pipeline Attack a Wake-Up Call, Say Bigger Attacks Could Be Ahead

Cyber experts are saying that the Colonial Pipeline attack, in which ransomware took down...
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Florida Insurance Commissioner Optimistic About Property Reforms

It was a busy legislative session for the Florida Office of Insurance Regulation, with...
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