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Today's Headlines

 
October 22, 2021
 
Today's Headline Sponsor: Berkshire Hathaway Specialty Insurance (BHSI)
 
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National

 

Top Regulators' Roadmap Addresses Climate Change as Threat to U.S. Financial Stability

Climate change is an "emerging threat" to U.S. financial stability that regulators should address in their everyday work, a top U.S....
 

NFL to Offer to Changes to 'Race-Norming' Testing Formula Used in Dementia Claims

The NFL is set to propose changes to the $1 billion concussion settlement this week after an outcry over test score adjustments known as...
 

U.S. Urges Global Intellectual Property Waiver for COVID-19 Vaccines

The White House on Thursday called on all World Trade Organization members to support an intellectual property waiver for COVID-19...
 

Insurance Technology: Guidewire Guides Insurers to Insurtechs; Rhino, Cover Genius Offer Embedded Renters Insurance

Guidewire Guides Insurers to Insurtechs Guidewire Software has launched a program designed to connect its property/casualty insurance...
 

Months Before Bankruptcy Move, J&J Offered $4B to Settle Talcum Claims

Months before putting one of its units into bankruptcy, Johnson & Johnson offered $4 billion to settle with victims of its talc-based...
 

Activist Investor Starboard Takes New Stake in Willis, Saying Broker Undervalued

Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance...
 

California Releases Climate Draft Plan, Axis Accelerates Retreat from Coal

Insurer Axis Capital Holdings Ltd. announced new a policy restricting insurance and investments in coal, tar sands oil, and Arctic oil...
 

In Changing Housing Market, Home Insurers Struggle with Customer Loyalty: Study

Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of...
 

How The Hartford is Using IoT To Transform Commercial Insurance

Traditional insurance products focus on risk transfer. Insurers compete based on their ability to use historical loss...
 
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East

 

Multiple Delaware Residents Indicted for Insurance Fraud

Late last month in New Castle County, Delaware, a grand jury indicted multiple residents for insurance fraud. The indictments stem from...
 

People Moves: New Hire at Willis, Chamness Elected to Norfolk & Dedham Boards

Willis Towers Watson Hires Latham to Mid-Atlantic FINEX Commercial Team Willis Towers Watson, a global advisory, broking and solutions...
 

The Hilb Group Acquires Massachusetts' Forrest Insurance Agency

The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout...
 
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Midwest

 

Ohio, Illinois Manufacturing Companies Sued for Disability Discrimination

Grief Inc., an international manufacturing company based in Delaware, Ohio, and American Flange, its wholly-owned subsidiary operating in...
 

Missouri Officials: Teacher Information Data Breach to Cost $50M Outline

Help for roughly 100,000 teachers whose Social Security numbers were made vulnerable in a massive state data breach could cost Missouri...
 

North Dakota Aerospace School Halts Flights After Student Dies in Crash

The University of North Dakota's aerospace school has cancelled all flight activities after a student pilot from Chicago died in a plane...
 
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Southeast

 

Florida Litigated Claims Dropped 9% in September

The Florida Legislature's recent efforts to curtail assignments-of-benefits abuse and excessive claims litigation may be having an...
 

Lawsuits Decry Lead Levels in Mississippi Capital's Water

Two lawsuits claim that hundreds of children have been exposed to dangerous lead levels through the drinking water in Mississippi's...
 

Canal Expands to Larger HQ in South Carolina

After adding 85 employees in the last three years, trucking insurer Canal Insurance will move to a new headquarters in downtown...
 

NCCI Launches Workers' Comp Learning Academy for Carriers

The National Council on Compensation Insurance has launched a workers' compensation learning academy for member carriers. "NCCI...
 

Nashville Clamps Restrictions on Party Buses After Accident

The party bus needs to slow down, Nashville officials decided this week. Nashville's Metro Council voted 33-3 to approve new regulations...
 
More Southeast News »
 
 

Insurance Jobs

 

Property Claims Adjuster - DH Adjusting - Greater Los Angeles Area, CA

 

Regional Marketing Director – Business Development - Deans & Homer - California

 

Regional Account Manager - Northwest - Temporary Accommodations - Location: Based in Seattle or Portland (travel expectations 50% - 60%)

 

Experienced Non Standard Auto Insurance Claims Adjuster (Remote Position) - American Freedom Insurance Company - Remote

 

Business Development Executive - Rhode Island (REMOTE) - Main Street America Insurance - Rhode Island (Remote)

 
 
 

South Central

 

Louisiana Mayor: 300-400 Buildings Condemned From Hurricane Laura Damage

A Louisiana mayor says 300 to 400 commercial buildings damaged last year by Hurricane Laura are being condemned or marked for demolition....
 

Texas Workers' Compensation Saw Telemedicine Services Skyrocket During Pandemic

Utilization of telemedicine services in the Texas workers' compensation rose dramatically during the height of the COVID-19 pandemic,...
 

Texas Regulators OK Rule Requiring Power Companies to Better Prepare for Winter

Texas utility regulators on Oct. 21 approved a rule requiring power companies to better prepare for winter weather -- based on...
 
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West

 

Climate Change Makes Drought Recovery Tougher in Western U.S.

Californians rejoiced this week when big drops of water started falling from the sky for the first time in any measurable way since the...
 

Parents of Unrestrained Girl Killed on Ride Sue Colorado Theme Park

On her family's first trip since the pandemic began, 6-year-old Wongel Estifanos got on a vertical drop ride at a Colorado amusement park...
 

The Liberty Company Insurance Brokers Forms MGA Aura Risk in California

The Liberty Company Insurance Brokers formed a new managing general agency, Aura Risk Management, providing program administration and a...
 

California Insurance Commissioner Lays Out Priorities for CPCU Crowd

Access to affordable healthcare for all, ensuring greater diversity in the insurance industry, and finding more creative solutions to...
 

U.S. Approves Fire Retardant That Could Be 'Game-Changer' in Fighting Wildfires

U.S. officials on this week approved a long-lasting fire retardant that could significantly aid in fighting increasingly destructive...
 
More West News »
 
 

International & Reinsurance

 

Bermuda's Tax Advantage for Re/Insurers to Be Cut With 15% Global Minimum Tax: Fitch

Bermuda's advantageous tax status for the re/insurance industry will be reduced at the margin with the expected passage of the recent...
 

Worsening Off-Season Floods in Venice Trigger Fears About Climate Change Impact

VENICE, Italy (AP) - After Venice suffered the second-worst flood in its history in November 2019, it was inundated with four more...
 

Fintech Paytm Gets Regulatory Nod for India's Biggest Ever IPO: Source

NEW DELHI - Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock market listing...
 

Employers in Qatar to Be Required to Provide Health Insurance for Expatriates

DOHA - Employers in Qatar will be required to provide health insurance coverage for expatriates and their families under a new law issued...
 

Guy Carpenter Launches Global Insurtech Center of Excellence

Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center of...
 

Aon and Cybereason Form Alliance to Help Protect Clients From Cyber Attacks

Insurance broker Aon and cyber security specialist Cybereason announced an alliance to help protect clients from sophisticated cyber...
 

Mosaic Offers $600M of Capacity for War, Terrorism and Political Violence Risks

Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The...
 

FM Global Promotes Johnson and Dempsey in EMEA Roles; Beazley Names Hiscox's Wilson Head of Open Market, London; Rokstone Taps Pickard as D&F Property U/W

This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone. A summary of these...
 

Activist Investor Starboard Takes New Stake in Willis, Saying Broker Undervalued

Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance...
 
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Research and Webinars

 
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State of the Market - Second and Third Quarter, 2021

It goes without saying, the last two years have not been easy. We have experienced some of the hardest market conditions most of...
 
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Achieving more scalable growth and improving your employee experience

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
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Your Involvement Makes a Difference During Disaster

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals. Insurance providers need a...
 
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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...
 
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Tapping Into the Growing Home Based Business Market

The world has changed. Work has changed. Growing numbers of people are stepping away from corporate America and setting up home...
 
More research and webinars »
 
 

Insurance Journal TV

 
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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...
 
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EP.25: These Women Are Fighting Cyber Crime and Cybersecurity's Gender Divide

Growing ransomware attacks aren't the only issue concerning the cybersecurity industry today,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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