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September 3, 2021
 
Today's Headline Sponsor: Risk Placement Services (RPS)
 
 
 
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National

 

AM Best Assigns 'Excellent' Ratings to Insurtech Next Insurance

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to startup...
 

Review: In Netflix Drama 'Worth,' Feinberg Grapples With Personal Losses of 9/11

"What is life worth?" asks Washington lawyer Kenneth J. Feinberg (Michael Keaton) in the opening scenes of the based-on-a-true-story...
 

Biden Administration Seeks Views on Climate Risks in Insurance, Financial Markets

In a season of daunting wildfires and flooding, the Biden administration is taking an initial step to assess how climate change could...
 

Judge Says Apple Must Face Siri Privacy Lawsuit

A federal judge on Thursday said Apple Inc. must face nearly all of a proposed class action lawsuit claiming that its voice-activated...
 

AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25 Billion

Insurance industry insured losses to onshore property resulting from Hurricane Ida's winds and storm surge will range from $17 billion to...
 

Amazon's Solution to Delivery Driver Shortage: Recruit Pot Smokers

Amazon.com Inc. has a solution for a potentially crippling shortage of delivery drivers: Recruit pot smokers. The company is advising its...
 

What's an Employer to Do If Workers Avoid COVID Vaccine?

What can employers do if workers avoid COVID-19 vaccines? They can require vaccination and fire employees who don't comply, or take other...
 

How Homeowners Insurers Can Prepare for the Cannabis Era

Talk about a growth market. Since Colorado and Washington became the first to pass state laws designed to legalize certain sale and...
 

Are InsurTechs Losing The Talent War Its Debatable

A group of actuaries recently polled about whether people working for InsurTech startups were more talented than those...
 
More National News »
 
 
 
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Featured Events

 
Insurance AI and Innovative Tech USA 2021

Insurance AI and Innovative Tech USA 2021

September 14 / Virtual
 
 
 

East

 

Alleged Sex Assault on Virginia School Band Trip Prompts Legal Split

The full panel of 15 appellate judges in Richmond has narrowly upheld a former northern Virginia high school student's appeal to have her...
 

One Dead, One Unaccounted for After Maryland Apartment Complex Floods

The National Weather Service tentatively confirmed the touchdown of a tornado in Maryland's Anne Arundel County early Wednesday afternoon...
 

Death Toll Rises After Ida's Remnants Hit Northeast

The remnants of Hurricane Ida dumped historic rain over New York City, with at least nine deaths linked to flooding in the region, as it...
 
More East News »
 
 
 
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Midwest

 

USDA: New Insurance Option Available to 'Conservation-Minded' Corn Farmers

Conservation-minded corn farmers who "split apply" nitrogen will soon have another option for insurance coverage, the U.S. Department of...
 

Ohio Steel Mill Faces $222.4K in OSHA Penalties for Amputation Hazards

An automotive steel manufacturer in Ohio faces more than $222,000 in proposed penalties for continuing to expose workers to amputations,...
 

Michigan Dairy Processor Sued for Disability Discrimination

Federal employment officials charged a dairy processor for allegedly firing an employee rather than accommodate her disability at a...
 
More Midwest News »
 
 

Insurance Jobs

 

Corporate Claims Specialist - Asbestos and Environmental - PMA Companies - Remote

 

Personal Lines CSR or Account Manager - Work At Home Vintage Experts - Remote

 

Director of Life Company - Missouri Farm Bureau Insurance - Jefferson City, Missouri

 

Commercial Lines CSR or Account Manager - Work At Home Vintage Experts - Remote

 

Assistant Product Manager - R&D/Actuarial - Mercury Insurance - Los Angeles, CA

 
 
 

Southeast

 

Florida Workers' Comp Rates Set to Decrease, Again

Florida workers' compensation rates are set to decline again as the National Council on Compensation Insurance (NCCI) has proposed a...
 

South Carolina Court Declines to Revisit Case Over Plan to Build Homes on Sand Spit

South Carolina's highest court said Wednesday that it won't revisit a dispute between developers and environmentalists over a plan to...
 

Two Alabama Electric Company Employees Killed While Working on Storm Restoration

Two electric company employees contracted to work with Alabama Power were killed while working on storm restoration, according to the...
 

Insurance Industry Will Withstand Ida's Losses in Louisiana, Neighboring States: Analysts

Though estimates of Hurricane Ida's impact on the insurance industry vary, both AM Best and S&P Global Ratings say losses will be...
 
More Southeast News »
 
 
 
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South Central

 

AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25 Billion

Insurance industry insured losses to onshore property resulting from Hurricane Ida's winds and storm surge will range from $17 billion to...
 

Inmates at Arkansas Jail Unaware They Were Given Anti-Parasite Drug to Treat COVID-19

inmates at a northwest Arkansas jail said they weren't told a medication they were given to treat COVID-19 was actually an anti-parasite...
 

Black Slick Seen in Water Near Gulf Oil Rig After Ida

Photos show what appears to be a miles-long oil slick near an offshore rig in the Gulf of Mexico after Hurricane Ida, according to aerial...
 

Insurance Industry Will Withstand Ida's Losses in Louisiana, Neighboring States: Analysts

Though estimates of Hurricane Ida's impact on the insurance industry vary, both AM Best and S&P Global Ratings say losses will be...
 
More South Central News »
 
 

West

 

Arizona High Court Rejects Major Part of Suit Against CVS

An Arizona Supreme Court ruling rejects a major part of a Tucson hospital's lawsuit accusing a pharmacy chain of negligence and seeking...
 

Police Chief in Hawaii Sued for Racial Discrimination

A police captain on the Hawaii island of Kauai has filed a lawsuit alleging his police chief discriminated against him for being Japanese...
 

Takeaways from Our 'What Makes a Good Cannabis Broker?' Conversation

A broker hands an underwriter an application for a cannabis operation. No red flags so far, but then the underwriter takes a look for...
 

Alliant Acquires Biggs Insurance Services in Washington

Alliant Insurance Services acquired Vancouver, Wash.-based Biggs Insurance Services. Terms of the deal weren't disclosed. Biggs and its...
 
More West News »
 
 

International & Reinsurance

 

Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp

High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit...
 

India's Data-Sharing System Promises to Open Finance to Millions

India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and...
 

Facebook's WhatsApp to Appeal Ireland's €225 Million Data Privacy Fine

Ireland hit Facebook's WhatsApp with a record 225 million euro ($266 million) fine on Thursday following an inquiry into the messaging...
 

Willis Towers Watson Revamps Global Leadership

Global insurance broker Willis Towers Watson, which ended merger talks with rival Aon in July, announced a new global leadership team to...
 

Enstar Completes Purchase of Controlling Interest in Enhanzed Re From Hillhouse

A unit of global insurer Enstar Group Limited has completed the repurchase of the entire 27.7% interest in Enhanzed Reinsurance Ltd....
 

Reinsurer SCOR Restructures Group Leadership Team

SCOR announced changes to its group executive committee, which aim to facilitate the reinsurer's next phase of strategic development....
 

People Moves: AXA XL's Coletti Heads Swiss Re's New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup's Modin Pres., Mt. Logan Re

This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

Climate Risk is Shaping Insurance - Here's How

This post is part of a series sponsored by CoreLogic. The New Paradigm of Climate-Conscious Insurance As climate change alters the...
 
More Blogs »
 
 

Research and Webinars

 
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Achieve Rapid Agency Growth and Exceptional Client Experience with Data & Automation

Join us Wed. Sept. 22nd, 10 am PST, 1pm EST to learn how your agency can achieve rapid growth. Whitney Norcup, COO of Columbia...
 
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2021 Agency Guide to Get More Leads

Do you want to learn how to generate and convert more leads for your insurance agency? Your agency needs a prospecting strategy...
 
research

Beyond Survival: Key Strategies to Thrive as an Independent Agent

We surveyed and interviewed independent agents from across the United States to understand the hurdles they face, the...
 
research

Rethink Your Agency Operations – 5 Levers for More Business Growth & Profitability

ReSource Pro offers five in-demand solutions for more unique business growth and profitability: Growth Solutions Policy...
 
research

Your Response to Disasters is the Key to Customer Retention and Referrals

Listen Now to this Podcast: Your response to a client's disaster is the key to customer satisfaction, retention, and referrals....
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 31: What Makes a Good Cannabis Broker? Horror Stories from The Experts

Here's a doozy: A broker hands an underwriter an application for a cannabis operation. No red...
 
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EP. 21: Pushing Boundaries: Are NFTs the Next Frontier for the Fine Art Market?

As anyone who works in insurance knows, technology is powerful enough to transform any...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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