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Today's Headlines

 
May 14, 2021
 
Today's Headline Sponsor: Amwins Brokerage
 
 
 
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National

 

Cyber Ransom Payments Set a Bad Precedent But Happen Often

The U.S. government's fight to choke off ransom payments collected by hackers hit a major snag Thursday, following news that Colonial...
 

Biden EPA Relaunches Website With Climate Change Indicators

After years of delays during the Trump administration, the EPA released its new climate indicators, which show Americans are already...
 

SEC Plans New Workforce Data Disclosure Rule

The U.S. Securities and Exchange Commission (SEC) plans to propose a rule requiring that public companies disclose a range of workforce...
 

Cryptocurrency Crime Declines But 'DeFi' Fraud Soars: CipherTrace

Losses from cryptocurrency theft, hacks and fraud fell sharply in the first four months of the year, but crime in the booming...
 

People Moves: National Flood Names Erickson CEO; Aon Adds 3 in Healthcare; State Auto CFO to Retire; Barg Joins Ascot Claims

National Flood Services announced the appointment of Lindsey Erickson as its chief executive officer. Erickson replaces interim CEO...
 

Zywave Buys Workers' Comp Software Firm Modgic

Insurance technology provider Zywave has acquired Modgic, an Oregon-based provider of workers' compensation and experience modification...
 

Neptune to Offer Flood Insurance to Small Business Administration Borrowers

Neptune Flood, an AI-driven flood insurance company, has launched sbaflood.com designed for SBA borrowers to obtain commercial flood...
 

How Agents Can Help Construction Businesses Get Back on Track

Construction business owners experienced declines in their revenues, project completions, new bids and workforce, as the pandemic took hold...
 

Executive Profile: Sompo GRS CEO Disrupting Comfort Zones

When the leader of Sompo International's Global Risk Solutions business describes a key stop on his path to the C-suite,...
 
More National News »
 
 
 
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Featured Events

 
Commercial Lines Innovation USA

Commercial Lines Innovation USA

May 18 / Virtual
 
The Future of Insurance USA 2021

The Future of Insurance USA 2021

June 22 / virtual
 
 
 

East

 

New York to Set Workplace Safety Standards for Airborne Diseases

State regulators in New York will soon draft rules that will require employers to protect workers from airborne infectious disease. A new...
 

High Street Insurance Partners Acquires Paladin, Richardi-Demola Insurance Agencies

High Street Insurance Partners (HSIP), a full-service insurance brokerage platform, has acquired New Jersey-based Paladin Insurance...
 

Massachusetts Health Boards Overwhelmed, Unready to Protect Workers

With federal regulators missing from the field and state leaders scrambling to manage the COVID-19 crisis, Massachusetts' 351 overtaxed...
 
More East News »
 
 
 
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Midwest

 

Nebraska Medical Marijuana Legalization Bill Meets Resistance

A bill to legalize and tightly regulate medical marijuana hit a wall of resistance in the Nebraska Legislature on May 12, even though...
 

Worker Overcome by Fumes in Iowa Plant Rescued

A hazardous materials team rescued a worker who was overcome by fumes on May 12 inside a suburban Des Moines, Iowa, food packaging...
 

Fire Causes Major Damage at North Dakota Strip Mall

A fire on May 11 caused extensive damage at a strip mall in Fargo. The three-alarm fire broke out in Bodyworks Physical Therapy in the...
 
More Midwest News »
 
 
 
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Southeast

 

Data Expert: Distributors Increased Drug Potency in West Virginia

A data expert testifying at a landmark opioid trial in West Virginia said Tuesday that the potency of prescription drugs sent to local...
 

EPA Says Water OK to Drink in Miss. Capitol City as Treatment System Struggles

Environmental Protection Agency officials met with Jackson leaders Tuesday to discuss severe issues with the water system in...
 

New Florida Law Seeks to Protect State from Sea Level Rise

Florida - one of the most vulnerable places in the world to sea level rise - will spend hundreds of millions of dollars over the next few...
 

Tortoise Movers Sue Florida Commission for $500K for Moving Too Fast to Revoke License

Two men who relocate gopher tortoises are suing Florida's wildlife commission, saying they should be awarded at least $500,000 in damages...
 
More Southeast News »
 
 
 
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8 New Classes Announced!
 
May webinars are now live for the Academy of Insurance. May offerings include New Classes from Dr. Brenda Wells and Chris Burand plus our favorite and least favorite Commercial Property endorsements.
 
See Whole Lineup
 
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South Central

 

New Oklahoma Workers' Comp Fraud Law Goes in Effect Nov. 1

Oklahoma Gov. Kevin Stitt on May 7 signed into law legislation creating new penalties for workers' compensation fraud. The legislative...
 

Texas Passes Restrictive Abortion Bill That Expands Exposure to Lawsuits

Legislation that would ban abortions after as early as six weeks -- before many women know they are pregnant -- and let virtually any...
 

Tornado in New Orleans Rips Off Roofs, Knocks Out Power

A tornado ripped off roofs, knocked down utility poles and cut off power to thousands in New Orleans early on May 12, but no serious...
 
More South Central News »
 
 

Insurance Jobs

 

Managing Attorney - Security First Managers, LLC - Ormond Beach, FL

 

Staff Attorney - Security First Managers, LLC - Ormond Beach, FL

 

Insurance Agency Bookkeeper - Work At Home Vintage Experts - Remote

 

Personal Lines Customer Service Representative (CSR) or Account Manager - Work At Home Vintage Experts - Remote

 

P&C LICENSED CUSTOMER SUCCESS REPRESENTATIVE FOR INSURTECH STARTUP - Thimble - Fully Remote in USA

 
 
 

West

 

California Crash, Arrest Draw More Scrutiny of Tesla Autopilot

Safety regulators are sending a team to California to investigate a fatal freeway crash involving a Tesla, just after authorities near...
 

People Moves: Lockton Pacific Adds Burbach and Szot in San Francisco, Denham in L.A.

Lockton's Pacific region has added Jordan Burbach, Daniel Denham and Andrew Szot. They will help private equity firms looking for...
 

California Commissioner Calls on Insurers to Do More to Boost Wildfire Prep

California Insurance Commissioner Ricardo Lara called for property insurers in the state to step up and do more to help residents and...
 

Report: California Workers' Comp Written Premium Down in 2020

Written premium for 2020 was 13% below the previous year, and was at the lowest since 2012, a new report out on Thursday shows. The...
 
More West News »
 
 

International & Reinsurance

 

Britain's Financial Services Sector 'Not Optimistic' About Getting Access to EU Markets

Britain's financial services sector won't get access to the European Union's markets for the foreseeable future following Brexit,...
 

Danish Lawmakers Eye New Probe of 1990 Ferry Disaster, with Insurance Focus

COPENHAGEN, Denmark - Danish lawmakers agreed Wednesday to set up a task force to look into a 1990 ferry fire that killed 159 people,...
 

UK Supports Global Deal to Stop Cross-Border Financing of Coal Projects

Britain wants to broker a global agreement to stop the cross-border financing of coal projects when it hosts a major climate conference...
 

Ireland's Health Service Operator Hit by 'Significant' Ransomware Attack

DUBLIN - Ireland's health service operator shut down all its IT systems on Friday to protect them from a "significant" ransomware attack,...
 

DarkSide Hacking Group Blamed for Ransomware Attack on Toshiba Unit

PARIS - Toshiba Tec France Imaging System said on Friday that DarkSide, the hacking group blamed for crippling a major U.S. pipeline...
 

Japan Post's Insurance Unit to Buy Back About $4 Billion of Shares

Japan Post Holdings Co.'s insurance unit plans to buy back up to 29% of its shares for about 439.8 billion yen ($4 billion) as its parent...
 

People Moves: Marsh's Daudt to Oneglobal; MS Amlin's Boreham to Africa Specialty Risks; Zurich's Jadav to AXA XL; RFIB's Hallett to SiriusPoint

This wrap-up of international People Moves details recent appointments at Oneglobal Broking, Africa Specialty Risks, AXA XL and...
 
More International & Reinsurance News »
 
 
 
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Insurance Journal Blogs and Columns

 

Homeowners' Form and Endorsement Changes Coming in ISO's 2022 Multistate Filing

Insurance Services Office (ISO) has released to Big I's Virtual University the upcoming Homeowners' multi-state filing tentatively...
 
More Blogs »
 
 

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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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...
 
research

The Big Easy Button for Customer Experience in Insurance

Like most industries, insurance companies are accelerating their ability to improve their customer experience to meet new...
 
research

Commercial auto loss results have worsened in recent years

Video and telematics technology can be a significant benefit to your clients. Understanding the true value of technology...
 
research

5 Areas to Assess Loss Controls with Commercial Auto Clients

Loss control is one of the most underutilized services by agents and brokers in the commercial auto industry.  Understanding...
 
More research and webinars »
 
 

Insurance Journal TV

 
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Hyper-Personalized Insurance

If you're interested in hearing from a fresh startup insurtech that is all about distribution...
 
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EP. 23: Tribal Cannabis Insurance is a Difficult, but Promising Space

Tribal cannabis could turn out to be a space that expands on par with casino businesses on...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Mortality Coverage - NM

Posted: Thu May 13 -- Hello. I'm looking for mortality coverage for a client that breeds reptiles and sells them to pet stores. Any ideas? KHoney
 

Question On Agency Salary Survey

Posted: Tue May 4 -- Hi all, I just downloaded the Agency Salary Survey yesterday and was curious if anyone knew, does the average compensation shown include... Camaroon83
 
Go To Forums »
 
 

Reader Comments

 

Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom: Bloomberg

Posted: Thu May 13 -- Way to go Colonial! Now the crooks will be even more emboldened to keep doing this again and again. Do not EVER pay, ever! There are other... Mark
 

$2,300 Phone Call. $1,000 Cab Ride. Purdue Runs Up $400M Bankruptcy Tab.

Posted: Wed May 12 -- And they wonder why lawyers and consultants are so fondly referred to as "scumbags" and "bloodsuckers." This is nothing more than a... Mr. Integrity
 

Texas Fetal "Heartbeat" Bill Expands Lawsuit Liabilities Well Beyond Patient, Provider

Posted: Mon May 10 -- Texas - where the men are men and the women are chattel Caldude
 

Blind Teen Alleges Rhode Island Eatery Violated Her Rights

Posted: Wed May 12 -- I know you can't ask people what their disability is which requires them to have a service dog, but it should be pretty plain for everyone... Rosenblatt
 

'Vaccine Passport' Apps Gaining Traction in Airports, Live Events

Posted: Fri May 7 -- The choice is very simple: If one doesn't want to be be tracked on these apps, one doesn't go to airports or venues. You DON'T have to fly.... Placement GURU
 
Go To Popular Comments »
 
 
 
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