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Today's Headlines

 
April 12, 2021
 
Today's Headline Sponsor: Philadelphia Insurance Companies
 
 
 
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National

 

Aon Offers Concessions to Gain EU Antitrust Approval for $30B Willis Bid

BRUSSELS - Insurance broker Aon has offered concessions to gain EU antitrust approval for its $30 billion bid for rival Willis Towers...
 

U.S. P/C Insurers Report 2020 Underwriting Profits Despite Costs of COVID-19: Fitch

Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a...
 

$1B Insurance Price Tag for U.S. Severe Weather in March (and Other Global Events): Aon

Multiple U.S. severe weather outbreaks, including tornadoes, hail, and flooding, resulted in losses of more than $1 billion for public...
 

U.S. Raises Average Number of Named Storms for Atlantic Hurricane Season

The U.S. National Oceanic and Atmospheric Administration (NOAA) has changed the number of storms that constitute an average Atlantic...
 

Amwins Forms National Employee Benefits General Agency

Three general agencies specializing in employee benefits - LISI, BrokerNet USA and Amwins Group Benefits Small Business - have come...
 

Hathaway to Lead RT Specialty Transportation; Beecher Named President at Interstate

Doug Hathaway has been appointed as head of RT Specialty's National Transportation Practice as well as its commercial transport program:...
 

IRS Urges Participants in 'Abusive' Micro-Captives to Get Out Now

Internal Revenue Service officials are again urging participants in "abusive" micro-captive insurance arrangements to exit these...
 
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How to Increase Flood Insurance Take-Up Using Behavioral Economics Insights

Proper application of behavioral economics can improve take-up of flood insurance and narrow the protection gap. Sounds...
 
More National News »
 
 
 
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East

 

Pennsylvania Construction Firm Accused of Stealing $20M from Workers

A major Pennsylvania construction contractor was charged Thursday with stealing tens of millions of dollars from its own workers by...
 

Rhode Island Governor Signs Climate Change Bill Into Law

A wide-ranging climate bill that requires Rhode Island to reach net-zero greenhouse gas emissions by 2050 was signed into law Saturday by...
 

High Street Insurance Partners Expands in Northeast with Three Acquisitions

Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage...
 
More East News »
 
 
 
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Midwest

 

Cincinnati to Pay $6M to Settle Suit Over Death of Student Who Called 911

Cincinnati, Ohio, has agreed to settle a wrongful death lawsuit brought by the family of a 16-year-old student who died three years ago...
 

People Moves: Great American Promotes Markey; MJ Insurance Adds Gross

Great American Insurance Group Great American Insurance Group in Cincinnati, Ohio, has promoted Timothy (Tim) E. Markey to divisional...
 

North Dakota Governor Declares Statewide Drought Disaster

Gov. Doug Burgum has declared a statewide drought disaster as extremely dry conditions continue to spread in North Dakota. Drought...
 
More Midwest News »
 
 

Insurance Jobs

 

Commercial Lines Account Manager - Carroll Insurance Agency - Houston, TX

 

Innovator - Frontline Insurance - Lake Mary, FL

 

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

 

Customer Service Representative/Agent - D Marcus Ins - West Kendall, FL

 

Regional Account Executive - ClassicPlan Insurance Premium Finance - Northern L.A. and Ventura Counties

 

Assistant Commercial Lines Account Manager - Riseamg - Houston, Texas

 

Commercial Account Manager - Riseamg - Houston, Texas

 
 
 

Southeast

 

Damage Reported Across Southeast from Strong Storms

A cluster of severe storms swept across the South early Saturday, leaving one person dead in Louisiana, toppling trees and power lines in...
 

Florida Lawmakers Send Legislation to Fight Sea Level Rise to Governor

Legislation hailed as some of the most robust yet to defend U.S. coasts against sea level rise is headed to Florida Gov. Ron DeSantis, a...
 

Kentucky Judge Rules Businesses Harmed by COVID Restrictions

A Kentucky judge on Friday temporarily blocked applying some of the state's pandemic-related restrictions to several restaurants and...
 

Mississippi, Secret Service Form Cybercrime Task Force

Mississippi Attorney General Lynn Fitch said last week that her office has established a partnership with the U.S. Secret Service and...
 
More Southeast News »
 
 
 
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History of Professional Lines Insurance
 
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South Central

 

Texas Surplus Lines Premiums Reach $877.51M in March

More than $877 million in surplus lines premium was recorded in Texas in March, the Surplus Lines Stamping Office of Texas (SLTX)...
 

$50M Suit Alleges Retaliation over Allegations Against Former LSU Coach

In a $50 million federal racketeering lawsuit, an associate athletic director at Louisiana State University accuses university officials...
 

Texas Grid Operator to Argue It Is Immune from Winter Storm Lawsuits

The Electric Reliability Council of Texas will argue that it has governmental immunity that protects it from the at least 35 lawsuits...
 
More South Central News »
 
 

West

 

4 Washington Students Hurt in Bus Crash Awarded $1.4M

A jury has awarded four former marching band students at the University of Washington more than $1.4 million after they were injured in a...
 

California County Agrees to Pay $3.5M in 2018 Jail Death Case

San Diego County will pay $3.5 million to settle a lawsuit brought by the family of a mentally ill man who died after deputies tried to...
 

$29.5M Award for Nevada Family in Allergic Reaction Case

A jury has awarded $29.5 million to the family of a woman who was left brain damaged after being treated for a severe allergic reaction...
 

Hawaii Study Offers Steps to Battle Climate Change

A new study from the University of Hawaii's School of Architecture has offered detailed short- and long-term design alterations that...
 

Los Angeles Paying $1.6M to Settle Suits Alleging Police Wrongdoing

Los Angeles will pay nearly $1.6 million to settle three lawsuits involving alleged wrongdoing by the city's police department, a...
 
More West News »
 
 
 
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A day you'll never forget ...
 
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International & Reinsurance

 

Aon Offers Concessions to Gain EU Antitrust Approval for $30B Willis Bid

BRUSSELS - Insurance broker Aon has offered concessions to gain EU antitrust approval for its $30 billion bid for rival Willis Towers...
 

Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes

Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country's...
 

Suez Canal Authority Still in Talks About Compensation for Grounding of Container Ship

Egypt is still in talks about compensation stemming from the operations to free the giant container ship whose stranding in the Suez...
 

$1B Insurance Price Tag for U.S. Severe Weather in March (and Other Global Events): Aon

Multiple U.S. severe weather outbreaks, including tornadoes, hail, and flooding, resulted in losses of more than $1 billion for public...
 

Chinese Insurtech Waterdrop Faces Regulatory Pushback on Planned IPO: Sources

SHANGHAI/HONG KONG - Chinese online insurance technology firm Waterdrop Inc. is receiving pushback from domestic regulators on its...
 

Watford Holdings Announces Purchase of French P/C Insurer Axeria IARD

Bermuda-headquartered Watford Holdings Ltd. has completed the purchase of Axeria IARD, a French property and casualty insurance company....
 
More International & Reinsurance News »
 
 
 
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7 New Classes Announced!
 
March webinars are now live for the Academy of Insurance. March offerings include workers' comp, E&O, and our ever-popular Master classes.
 
See Whole Lineup
 
Academy of Insurance
 
 
 
 

Research and Webinars

 
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COVID-19 Impact: Guide to Insuring Emerging Risks Facing Nonprofits

Discover forward-thinking approaches to address the emerging risks challenging your nonprofit clients and prospects. Nonprofits...
 
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Insuring Risks in Growing Renewable Energy Sector

Now that the 2020 election is behind us, it is predicted that we'll likely see even greater growth in renewables with the Biden...
 
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The SEO Guidebook for Insurance Agents

Have you thought about how your insurance agency can be found online? Consumers have been turning to the internet to shop for...
 
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How Has COVID-19 Impacted Workers' Compensation

As a retail broker, you have likely addressed some tough pandemic-related questions from your business clients – from...
 
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Getting the Most Out of Your Agency Data

To succeed and grow in a digital-first world, insurance agencies need to know and use the data in their technology. Agencies...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 21: Menu for Cannabis Insurance Buyers is an A la carte Affair

When you see the term à la carte on a menu, at, say a steakhouse, you know you'll be dropping...
 
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EP. 11: What the 'New Normal' Means for Cyber Insurers, Coverage

More than a year has passed since pandemic-related government restrictions began, causing many...
 
Watch more videos at InsuranceJournal.tv »
 
 

Reader Comments

 

Family Sues After California Man Dies in Taco Eating Contest

Posted: Wed Apr 7 -- There is (and should NEVER be) no insurance against stupidity. This man chose to entertain the attendees at a baseball game with his... BusterScruggs
 

7 Officers Fired Following Death of Black Jail Inmate in Texas

Posted: Wed Apr 7 -- Poor man was carrying less than 2 ounces of marijuana. He never should have been in jail in the first place. This would have been a mere... curious
 

1 in 3 COVID Survivors Suffers Neurological or Mental Disorders, Study Finds

Posted: Wed Apr 7 -- The Lancet, eh? The same outfit that had to retract the vaccine-autism link study. Bat Guano
 

Farmers Completes Acquisition of MetLife Auto & Home Business for $3.9 Billion

Posted: Thu Apr 8 -- This is an attempt by Farmers to work with independent agencies at a greater level, they also may be seeing the writing on the wall that... Agency
 

Amazon's Firing of 2 Critics Was lllegal, Rules National Labor Board

Posted: Tue Apr 6 -- I love that this snowflake ran company ids now getting owned by its snowflake staff. I couldn't care less, get eaten by your own, watching... Phnbkr
 
Go To Popular Comments »
 
 
 
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