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Today's Headlines

 
November 19, 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

 

Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount

LONDON - Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in...
 

New U.S. Rule Requires Banks to Promptly Report Cyber Incidents

U.S. banking regulators on Thursday finalized a rule that directs banks to report any major cybersecurity incidents to the government...
 

State Farm and Generali Join Investors in Computer Vision Startup Nexar

State Farm and Generali joined the $53 million financing round for Nexar, an artificial intelligence computer vision startup based in New...
 

Staying Focused on Surplus Lines: Amwins' President Drinkwater

It's an interesting time in the surplus lines industry with insurance rates increasing and capacity being limited in some classes of...
 

Insuring Cannabis Summit: Brokers Advise on EPLI, Exclusions, Lounges, Labs

This is part of a series of articles from Insurance Journal's annual Insuring Cannabis Summit on Oct. 14. You can find more articles from...
 

NAIC Report Outlines Ways to Address Climate-Related Risks

The National Association of Insurance Commissioners released the report calling out measures to adapt to and deal with the risks posted...
 

Surfing for The Next Agency E&O

Errors & omissions claims against agencies related to the COVID-19 pandemic have not materialized as feared a year ago. Overall, E&O...
 

More Entry Points, More Risk: The Tech Industry's Underwriting Challenge

The challenges faced by underwriters have grown immensely in recent years. For underwriters working specifically within...
 
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East

 

Damp Jersey Shore Town Ponders a Fix for 'Sunny Day' Floods

An elite but often-underwater beach town at the Jersey Shore is looking for its own solutions to back bay flooding, deciding it can't...
 

Women Sue Yale Over Fentanyl Switch-Up at Fertility Clinic

Seven women who say they suffered excruciating pain after a nurse stole fentanyl for her personal use and replaced it with saline sued...
 

Kaplansky Insurance Acquires Massachusetts' Judith M. Flynn Agency

Kaplansky Insurance acquired Judith M. Flynn Insurance Agency Inc., located in Dorchester, Massachusetts. This deal serves as Kaplansky's...
 
More East News »
 
 
 
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Midwest

 

Victims of Indianapolis FedEx Shooting Seeking $2.1 Million From City

Three members of the Sikh community affected by a mass shooting at an Indianapolis FedEx facility in April are seeking compensation from...
 

BRP Group to Acquire Missouri's Brush Creek Partners

BRP Group, Inc., through an indirect subsidiary, has entered into an agreement to acquire substantially all the assets of Brush Creek,...
 

Proposed Ohio Law Would Expand Medical Marijuana Capacity

The amount of marijuana grown for Ohio's medical marijuana program would expand and the number of dispensaries able to sell it would be...
 

Vertafore Acquires Ohio-Based Insurtech AgencyZoom

Vertafore, a provider of insurance technology, has acquired Columbus, Ohio-based inusrtech AgencyZoom, a cloud-based sales automation...
 
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Insurance Jobs

 

Group Health - Disability Claims Adjuster / Examiner - Work At Home Vintage Experts - Remote

 

Commercial Auto Claims Adjuster - American Claims Management - Remote

 

Sales/Marketing Professional - Atlantic Mutual Insurance - Ft. Lauderdale, Florida

 

Sales & Marketing Coordinator - Wells Media Group - Remote - Central Time Zone

 

Data Analytics Engineer - Palomar - Remote

 
 
 

Southeast

 

Florida Supreme Court Suspends Witness-Coaching Attorney for 91 Days

The Florida Supreme Court has suspended a workers' compensation defense lawyer for 91 days after he was caught coaching a deposition...
 

Down Then Up: Florida Litigated Claims Climbed a Bit in October

After two months of significant declines, litigated claims for Florida's largest property and casualty insurers rose 5% in October, a...
 

Alabama DOI to Hold Hearing on Merger of ProAssurance and Noetic

The Alabama Department of Insurance will hold a public hearing Dec. 6 on the proposed merger of Birmingham-based ProAssurance Specialty...
 

Kentucky Contractors' Self-Insurers' Fund Returns $27M Dividend

The Kentucky Associated General Contractors' Self-Insurers' Fund will make a $27 million dividend payment to members next spring, the...
 
More Southeast News »
 
 

South Central

 

Texas Crane Company to Pay $24,000 to Worker Who Refused to Violate Law

A federal whistleblower investigation led the U.S. Department of Labor's Occupational Safety and Health Administration to order a Houston...
 

Live Nation, Apple, Travis Scott Face $2 Billion Over Astroworld Crush

A Texas trial attorney has filed a $2 billion lawsuit following the Astroworld music festival crush that killed 10 people and left...
 
More South Central News »
 
 

West

 

California Couple's $86M Award in Monsanto Pesticide Case Stands

California's highest court rejected has a challenge by Monsanto Co.'s to $86.2 million in damages to a couple who developed cancer after...
 

Lawsuit Says Baldwin Had No Reason to Fire in New Mexico Movie Set Shooting

A lawsuit alleges that Alec Baldwin recklessly fired a gun when it wasn't called for in the script when he shot and killed...
 

Son of Black Man Killed by California Police Settles Lawsuit for $1.3M

The child of a Black man who was fatally shot by Southern California police in 2018 - and whose death spurred lawmakers to enact a state...
 

$5M Settlement in Arizona Suit over Man's Death During Arrest

Phoenix, Arizona officials agreed to pay $5 million to settle a lawsuit over the January 2017 death of a Black man during an arrest...
 
More West News »
 
 

International & Reinsurance

 

Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount

LONDON - Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in...
 

Russia Missile Test Creates New Belt of Space Junk, Escalating Threat to Satellites

The Russian missile test that shattered a dead satellite this week highlights a growing threat of space debris just as companies such as...
 

Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re

TORONTO - Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising C$2.1 billion ($1.6...
 

Australia's Corporate Regulator Sues MLC Life for Causing Financial Harm of $13M

Australia's corporate regulator said on Friday it was suing MLC Life Insurance for causing financial harm of A$17.5 million ($12.73...
 

Brit Completes $380M Loss Portfolio Transfer With Legacy Specialist RiverStone

Brit Ltd. announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International. The agreement is for...
 

Swiss Re and China Tech Giant Baidu Partner to Advance Autonomous Driving Industry

Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re. The...
 

People Moves: Hiscox Hires Starr's Buchanan as Casualty Dir.; Sharpe, Griffiths to Inver Re's Exec Team; Plumptre, Fox Join Blenheim Underwriting's Political Risk Team

This edition of International People Moves details appointments at insurer Hiscox, the reinsurance broker Inver Re, and the Lloyd's...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

How to Get Your First Bond, Part 1

This post is part of a series sponsored by Old Republic Surety. Congratulations! Your construction client has won the bid for a new...
 

Producer License Verification Three Ways

This post is part of a series sponsored by AgentSync. When a producer writes business or receives a commissions payout, the first thing...
 
More Blogs »
 
 

Research and Webinars

 
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Business critical coverage for silent cyber exposure.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
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How to optimize your office spaces and reduce costs

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
research

AmTrust 2021 Contractor Risk Report

The AmTrust 2021 Contractor Risk Report provides insights into the unique risks artisan contractors face, along with tips to...
 
research

6 Ways to Launch a Winning Digital Experience

Technology innovation has been shaping the way clients and staff expect businesses to behave for years, but it's important now...
 
research

Mobile Telematics: The solution to driving your business forward.

Are you still using Credit Score to assess risk? Move beyond legacy methods of assessing risk with proven insurance solutions...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 36: California Law Opens up Foods and Cosmetics for CBD, but it Could Create Heavy Regs

When California Gov. Gavin Newsom signed AB 45 into law in October, there was a lot of...
 
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EP.35: Will Cannabis Legalization, or Safe Banking Pass This Year?

It's part of just about every cannabis conversation: "Hey, it looks like we're close to seeing...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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