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March 5, 2021
 
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National

 

Some Insurers Strengthening Virus Exclusion Language in Policies After COVID Cases

U.S. insurers are strengthening language in policies that cover business losses to protect them from future claims related to the...
 

Engineers Grade U.S. Infrastructure C- as Biden, Congress Prepare to Debate Fix

America's infrastructure has scored near-failing grades for its deteriorating roads, public transit and storm water systems due to years...
 

Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities

The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the...
 

Survey Finds Insurance Agency Employees Now Prefer Mix of At-Home, In-Office Work

Insurance agency managers may need to reassess the future of the five-day-a-week office after the pandemic is over as nearly two-thirds...
 

EverQuote's Gumennik Moves to Policygenius to Lead Marketing

Maya Gumennik, a former EverQuote and Tripadvisor executive, has joined digital personal lines insurance broker Policygenius as the...
 

Volante Combines Ransomware, Cybersecurity in CyberLockout Coverage

Volante Global, an international managing general agent (MGA) platform, has launched a cyber ransomware product Cyber Lockout that...
 

FEMA Buys More Flood Reinsurance; Decision Near on Insurance Rate Change Plan

The federal government has bought additional reinsurance to cover losses of the National Flood Insurance Program. On Feb. 23, the Federal...
 

Update: CoStar Group Withdraws Bid to Buy CoreLogic

Commercial real estate information provider CoStar Group said it had withdrawn its bid to buy CoreLogic after the U.S. property analytics...
 
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Top Business Risks for 2021: Pandemic-Related Business Interruption, Cyber

There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders...
 
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Emerging Damage: The Case of Melamine

Emerging risks evolve through three phases: emerging interest, emerging damage and emerging litigation. During the...
 
More National News »
 
 

Insurance Jobs

 

Customer Service Representative II - Stillwater Insurance Group - Remote

 

Service Operations Manager - Hub International Northwest - Bothell, WA

 

Commercial Lines Customer Service Rep - Orange, CA in the office

 

Regional VP of Sales - Employee Benefits - Hub International Northwest - Bothell, WA

 

Underwriter - ALPS Corporation - Missoula, Montana

 
 
 

East

 

Powerful Gusts Responsible for Bizarre Injury in Maine

A woman was critically injured when a tree knocked down by powerful gusts fell on the vehicle, driving a tree limb through the windshield...
 

Hub International Limited Acquires Assets of Pennsylvania's Incentive Systems

Hub International Limited (Hub), a full-service global insurance broker, has acquired the assets of Incentive Systems Inc. (ISI). Terms...
 

World Insurance Associates Acquires C. Walter Searle Insurance Agency

World Insurance Associates LLC (WIA) has acquired C. Walter Searle Insurance Agency LLC of Nutley, New Jersey, on February 1, 2021. Terms...
 
More East News »
 
 
 
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Midwest

 

Patriot Enters Ohio with Addition of Strategic Benefits of Cincinnati

Patriot Growth Insurance Services LLC (Patriot) has added Strategic Benefits of Cincinnati (SBC) to the Patriot platform. SBC is a...
 

Heading into Spring Flooding Season, Missouri River Remains Low

This year is shaping up to be drier than normal throughout the Missouri River basin, and the risk of flooding is generally below normal...
 

Ohio Food Production Plant Faces $136.5K in Penalties for Safety Violations

A Lima, Ohio-based food production facility has been hit with citations and $136,532 in proposed penalties after worker suffers partial...
 

Former Iowa Insurance Agent Faces Fraud Charges

A former Red Oak, Iowa, insurance agent is facing felony charges related to alleged insurance fraud. The Iowa Insurance Division said...
 
More Midwest News »
 
 
 
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Southeast

 

Demotech: Investor Interest in Florida Will Diminish Without Legislative Action

As the first insurer rating agency to review and rate independent, regional and specialty insurers, we have a unique understanding of...
 

Weeks After Storms, Water Crisis Continues in Mississippi

Frustrations are mounting in Mississippi's largest city, more than two weeks since winter storms and freezing weather ravaged the city's...
 

Report: Bias 'Deeply Entrenched' in North Carolina Police Force

Racial bias is "deeply entrenched" within a North Carolina police department where officers feel comfortable making blatantly racist...
 
More Southeast News »
 
 

South Central

 

FEMA: 87% of Federal Flood Claims from Hurricane Laura Closed in Louisiana

The majority of National Flood Insurance Program claims in Louisiana stemming from Hurricane Laura, which hit the state in August 2020,...
 

Higginbotham Enters Louisiana in Partnership with Insurance Broker, Knotts

Fort Worth, Texas-based independent insurance and financial services firm, Higginbotham, has partnered with Mike Knotts, an insurance...
 

CEO of Texas Power Grid Fired After Deadly February Blackouts

Texas' power grid manager was fired on March 3 amid growing calls for his ouster following February's deadly blackouts that left millions...
 

Judge: Exxon Mobil Must Pay $14.25M Penalty in Pollution Case

A federal judge has ordered Exxon Mobil to pay a $14.25 million civil penalty in an 11-year-old lawsuit alleging it violated the Clean...
 
More South Central News »
 
 

West

 

Cal/OSHA Cites Multiple Employers for COVID-19 Violations

Cal/OSHA has cited multiple employers for not protecting workers from COVID-19 following inspections in various industries throughout the...
 

Oregon Suit for $4.5M Filed Against Doctor Known for Dance Videos

A lawsuit alleges an Oregon Health & Science University doctor known for dancing in his scrubs on social media sexually harassed a...
 

Metromile in California Names Ro from AAA General Counsel

San Francisco, Calif.-based Metromile Inc. has named Junna Ro general counsel. Ro oversees a team of legal, regulatory and compliance...
 

Companies Sued in Nevada Over Alleged Toxic Baby Food Products

Four baby food makers have been accused in Nevada state court of producing baby food tainted with toxic metals and harming at least seven...
 

Cargo Train Derails in California Desert; No Injuries Reported

A freight train derailed in the Southern California desert on Wednesday, sending more than 40 rail cars crashing into the sand,...
 
More West News »
 
 

International & Reinsurance

 

Greensill Downfall Began with Firing of Insurance Manager at Sydney Unit of Tokio Marine

The debacle that led to the unraveling of Lex Greensill's trade-finance empire began with the firing of a manager at a Sydney unit of...
 

Upstream Mine Tailings Dams Pose Higher Risks of Instability: Study

The most widespread type of dam used to store mine waste is nearly twice as unstable as the average tailings facility, a global study...
 

UK and EU on Track to Agree on Financial Services Cooperation - but Trust Must Be Built

Britain and the European Union are on course to agree a deal on regulatory cooperation in financial services this month, but the UK's...
 

French Retailer Sued over Amazon Deforestation Linked to Cattle Raising

PARIS - Environmental groups and indigenous activists from the Amazon region filed a lawsuit Wednesday in a French court alleging that...
 

Insurer Aviva Seeks New London Headquarters to Cut Post-Pandemic Office Footprint

Aviva Plc is searching for a new City of London headquarters as the UK insurer prepares to slash its office footprint. The firm started...
 

UK Broker, Specialist Risk Group, Acquires MGA CLS Risk Solutions

Specialist Risk Group (SRG), a London-based insurance broker, has agreed to acquire CLS Risk Solutions (CLS RS), subject to regulatory...
 

CNA's Cyber Risk Services Program, CNA CyberPrep, Launched in Canada

CNA announced that CNA CyberPrep, a proactive cyber risk services program, has been launched in Canada. Already available to CNA's...
 
More International & Reinsurance News »
 
 
 
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Research and Webinars

 
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Broker Success Checklist

P&C brokers, are you helping your clients navigate their critical areas of risk? Businesses choose to work with brokers that...
 
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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...
 
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Independent Agents: How Insurtech Can Solve Common Pain Points

Historically, it's been difficult for independent agents to profitably place commercial lines, but insurtech is quickly changing...
 
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Occupational Hazards in Renewable Energy: Helping Your Clients Improve On-the-Job Safety

Now that the 2020 election is behind us, it is predicted that we'll likely see even greater growth in renewables with the Biden...
 
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2021 In View: What to Expect as the Industry Transitions to the New Realities of a Post-COVID-19 World

As the insurance industry rebounds from a tumultuous 2020, we will see swift changes across a number of critical areas. In this...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 19: Cannabis SPACs Are Hot, but Insuring Them is Pricey and Complex

Business news has been ablaze with cannabis SPACs. Special purpose acquisition corporations,...
 
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Diversity, Resilience, Innovation: Altmaier's NAIC Priorities for 2021

Florida insurance chief David Altmaier has a busy year ahead, and it won't just include...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Call Center Agent Looking for Advice

Posted: Thu Mar 4 -- The call center routine can become a grind. I would suggest that you look at independent agency opportunities in and around your area and... BMacAttack
 
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Reader Comments

 

Most of Texas Deep Freeze $90 Billion in Losses Avoidable, Modeler Says

Posted: Fri Feb 26 -- Sadly, the picture painted by this article begs the question if subrogation will be pursued against ERCOT in this matter. If they made the... homeboycartel
 

Biden Extends Unemployment Insurance for Workers Fearing COVID Risk

Posted: Fri Feb 26 -- Must be winter. Snowflakes are falling. Get your but into the office to work. Otherwise you'll really be eligible to collect unemployment. MightyQuinn
 

Florida Lawmakers Unveil $100M Plan to Tackle Climate Change, Sea Rise

Posted: Mon Mar 1 -- Well, we had it going in the right direction FL but, the progressives will find you, hunt you down and force you to spend $100 million for a... Tiger88
 

Climate Change Activists 'Welcome' AIG CEO Zaffino; EU Urges More Insurance

Posted: Thu Mar 4 -- Please prove this statement: "Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic." Do you mean... Tiger88
 

Mass. Court Says Injured Worker Can't Charge Insurer for Medical Marijuana Expenses

Posted: Mon Mar 1 -- While I personally believe if a doctor prescribes you medical marijuana (legal in your home state) as a result of a W/C injury, you should... Rosenblatt
 
Go To Popular Comments »
 
 
 
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