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Today's Headlines

 
May 7, 2021
 
Today's Headline Sponsor: Berkshire Hathaway Specialty Insurance (BHSI)
 
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National

 

If Covid-19 Vaccine Patents Are Waived, Legal Options For Drug Firms Are Limited

A potential World Trade Organization waiver of patent and trade secret protections for Covid-19 vaccines would leave pharmaceutical...
 

Pfizer-BioNTech Seek FDA Full Approval for Authorized COVID-19 Vaccine

Pfizer Inc. and German partner BioNTech SA said on Friday they have started an application process with the U.S. Food and Drug...
 

U.S. Court Allows Movie Chain's COVID Business Interruption Suit Against FM Global

A federal judge in Sherman, Texas on Wednesday ruled against insurer FM Global that sought to dismiss a $500 million COVID-19...
 

AIG Reports Strong First Quarter

American International Group (AIG) reported strong underwriting and investment results in in its General Insurance and its Life and...
 

CDC Issues Guidelines for Trial Cruises With Volunteer Passengers

Cruise lines can soon begin trial voyages in U.S. waters with volunteer passengers helping test whether the ships can sail safely during...
 

Amwins, Loadsure to Offer Per-Load Cargo Insurance to Freight Industry

Loadsure has formed a partnership with managing general agency Amwins Specialty Logistics Underwriters (ASLU) to offer pay-as-you-go,...
 

NOAA: Hot is the New U.S. Climate Normal

It's hot, get used to it. That might be the clearest takeaway from a message out from the National Oceanic and Atmospheric Administration...
 

In a Hard Market, Agents Must Meet the Excess E&O Challenge Head On

Brokers are caught between a rock and a hard place when it comes to arranging excess E&O cover for their professional clients. This is...
 

Six Tech Levers Driving Digital Transformation in the New Normal

With new variants of the virus emerging, it may seem a bit premature to anticipate the end of the COVID-19 pandemic, but...
 
More National News »
 
 

Insurance Jobs

 

Accounting & Financial Reporting Manager - Premier Careers, Inc. - Davenport, IA

 

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

 

Commercial Lines Underwriter - Insurance Company - REMOTE - Work At Home Vintage Experts - Remote

 

Investigative Researcher - PolicyFind - Remote

 
 
 

East

 

Pennsylvania Takes Next Step to Start Carbon Emissions Caps in 2022

Pennsylvania Governor Tom Wolf's administration on Tuesday solidified its intention to begin imposing a price on greenhouse gas emissions...
 

New Hampshire Bill Would Make Employers Pay for Any Required COVID-19 Test

Employers who require COVID-19 tests for applicants or workers would be required to pay for them under a bill heard by a New Hampshire...
 

Alera Group Acquires Employee Benefits Division of Lamb Insurance Services

Alera Group, an independent, national insurance and wealth management firm, has acquired the employee benefits division of Lamb Insurance...
 
More East News »
 
 
 
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Midwest

 

Outlooks to Revised to Positive for Ohio's Grange Insurance, Subsidiaries

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and a...
 

Right-Wing Institute Ordered to Pay $2.4M to Ohio Man Hurt at Rally

A federal judge in Ohio has ordered a right-wing think tank led by white nationalist Richard Spencer to pay $2.4 million to an Ohio man...
 

Wisconsin Trademark Suit Against American Girl Doll Maker Resolved

A lawsuit filed by a Chicago astronomer who alleged the Wisconsin-based maker of American Girl dolls stole her likeness and name to...
 

Wisconsin County to Get $1.5M in Flood Mitigation Funds from FEMA

Jefferson County, Wisconsin, has been has been awarded $1,530,596 in Pre-Disaster Mitigation (PDM) funds from the Federal Emergency...
 
More Midwest News »
 
 
 
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Southeast

 

4 People Killed When Plane Crashes into Mississippi Home

A small plane crashed into a house in Mississippi late Tuesday, killing a man inside as well as a toddler and two adults from Texas who...
 

After the Deluge, Southeast Cleans Up Debris from Rain, Twisters

A deluge that dumped more than 7 inches of rain in a few hours and spawned at least three tornadoes eased Wednesday but left homeowners...
 

Officials: 15 Cows Killed by Lightning Strike in Alabama

Fifteen cows were killed when lightning struck a family farm in Alabama as severe weather moved through the area, according to an...
 

Positive Physicians Insurance Co. Expands Med Mal Coverage into Florida, Georgia

Positive Physicians Insurance Co. has been approved by the Florida and Georgia departments of insurance to offer medical malpractice...
 
More Southeast News »
 
 
 
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History of Professional Lines Insurance
 
This book is your chance to sit down at a relaxing dinner with Larry Goanos and listen to him, and about 400 of his peers, friends, and rivals spin a few yarns.
 
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South Central

 

2 Injured in Hydrogen Fluoride Leak at Marathon's Galveston Bay Refinery

Marathon Petroleum Corp. is investigating what caused a toxic chemical release that injured two workers on May 4 at a Texas City oil...
 

NTSB: Lack of Monitoring Aggravated $900K Louisiana Shipyard Fire

A 2020 fire at a Louisiana shipyard in April 2020 that caused $900,000 in damage was able to start and spread without notice because no...
 

People Moves: Janes Joins Woodruff Sawyer in Texas; Hamel Named Sr. VP, Sales at AMERISAFE

Woodruff Sawyer San Francisco-based insurance broker and consulting firm Woodruff Sawyer has added Jon Janes to its Management Liability...
 

Texas Requiring Email for All Insurance Licensed Entities, Including Agents

The Texas Department of Insurance (TDI) has adopted a rule that requires individuals, agencies, and companies regulated by TDI to...
 
More South Central News »
 
 

West

 

Fire Damages 40 Units at Southern California Apartment Building

A fire that erupted at a Southern California apartment building damaged 40 units, killed pets and injured a firefighter, authorities...
 

Businesses Challenge Virus Restrictions in Suit Against Oregon Governor

A group of businesses has filed a lawsuit against Oregon Gov. Kate Brown over her recent extension of Oregon's state of emergency because...
 

Family Seeks $1M After Man Died in Custody in Washington

The son of a man who died while in Bellingham police custody has filed a precursor to a lawsuit with the city over his father's death....
 

Arthur J. Gallagher Acquires Koff & Associates in California

Arthur J. Gallagher & Co. has acquired Berkeley, Calif.-based Kaneko & Krammer Corp. Catherine Kaneko, Georg Krammer and their team will...
 

California Contractor Arrested in Nearly $1M Workers' Comp Scheme

Carolyn Plaza of Fresno, Calif., self-surrendered on May 6 after a warrant for her arrest was issued on six felony counts of insurance...
 
More West News »
 
 

International & Reinsurance

 

China Insurtech Waterdrop Raises $360M in New York IPO: Reuters

Chinese online insurance technology firm Waterdrop Inc. has raised $360 million by pricing its shares at $12 a piece in its New York...
 

EU Summit to Discuss Vaccine Patent Waiver Proposed by U.S.

BRUSSELS - European Union leaders said Thursday that in the wake of the U.S. backing patent waivers for COVID-19 vaccine technology, the...
 

London Court Will Reconsider $6.9B Suit Against BHP Over 2015 Brazil Dam Collapse

LONDON - London's Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining...
 

People Moves: Howden Adds Wijaya from Willis; LSM's Simon Joins Brit; Lockton Re Hires Acrisure Re's Shaw

Independent broker Howden Specialty has appointed Surya Wijaya to its Natural Resources division in Asia Pacific, adding to its...
 

Aon Forms EMEA Advisory Board to Grow M&A Practice

Aon announced the formation of its EMEA M&A and Transaction Solutions Advisory Board to support the growth of its Mergers & Acquisition...
 
More International & Reinsurance 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
 
Academy of Insurance
 
 
 
 

Insurance Journal Blogs and Columns

 

Business Income and the Supposed Ambiguity of "...Direct Physical Loss of or Damage To..."

We thank friend of the Academy, Christopher J. Boggs for this guest post. Courts are being asked to decide whether the phrase, "direct...
 
More Blogs »
 
 

Research and Webinars

 
research

Guide to Insuring Emerging Risks Facing Nonprofits

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

OSHA Top 10 for Brokers

Brokers, help your insureds avoid the most frequently cited violations. OSHA citations. They're rampant, they hide in plain...
 
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...
 
research

Digital Handshake, Ready to Go Automation and More, with Steve Anderson

Watch Now On Demand: As an independent agent, navigating through the insurance industry can be frustrating, especially in an...
 
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...
 
More research and webinars »
 
 

Insurance Journal TV

 
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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...
 
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EP. 13: The Really, Really Big One: The Likelihood of a 1-in-100 Year Cyber Catastrophe

More than a year into what some have called a 1-in-100 year pandemic with COVID-19, many may...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

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

 

Florida Legislature Passes Major Changes to Auto, Property Insurance Markets

Posted: Fri Apr 30 -- Left out of the discussion is the hundreds of millions of dollars in fraud that will potentially be cut when No Fault is dropped. Lawyers... Mark
 

Workers Refusing Covid Vaccine Could Lose Their Jobs

Posted: Wed May 5 -- "I believe that it’s illegal to mandate a vaccine when it is under Emergency Use Authorization from the FDA,” one friend wrote." The... John Dough
 

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

Posted: Wed May 5 -- even if vaccine injuries are very rare, coercing people into taking it is so unethical as some people will be severely injured who may have... ben
 

Commentary: Proposed Florida PIP Repeal a Bad Deal for Consumers, Industry

Posted: Fri Apr 30 -- Florida is the exception in how their auto insurance laws are structured. That would be fine, except it obviously isn't working and no... CO_yeti
 

Ohio Bill Would Ban Drivers from Holding Phones, Devices

Posted: Wed May 5 -- A. The law will have little impact on observed behavior. B. Senate President Matt Huffman builds a strawman argument about the law... John Dough
 
Go To Popular Comments »
 
 
 
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