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Today's Headlines

 
April 19, 2021
 
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National

 

P/C Insurers Need to Hike Key Commercial Rates Even More: A.M. Best

The environment for many of the U.S. property/casualty (P/C) insurers lines remains competitive despite the need for rate increases for...
 

Cyber Attacks on the Rise for Businesses, Pushing Many to the Brink: Hiscox

The proportion of businesses targeted by cyber criminals in the past year increased from 38% to 43%, with over a quarter of those...
 

Telehealth Care Could Lead to More Follow-Up Visits

Even before the pandemic, people with minor urgent health needs had started to turn to companies that offer on-demand video chats with...
 

Pandemic-Delayed Trials Over Drugmakers' Marketing of Opioids to Begin

Four drugmakers, including Johnson & Johnson and Teva Pharmaceutical Industries Ltd., will go to trial on Monday over claims they helped...
 

FDA Halts Vaccine Manufacturing at Plant Where Doses Were Wasted

The U.S. Food and Drug Administration has asked Emergent BioSolutions Inc. to halt producing new materials for COVID-19 vaccines until...
 

Transportation Insurer Lancer to Merge Into Core Specialty

Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate...
 

Proximity Protect Brokerage Targets Coworking, Flex Space Industry

Workspace management software company Proximity Space Inc. has launched Proximity Protect, a specialty, nationwide insurance brokerage...
 

Emerging Pandemic Risks From Covid, Cyber, Civil Unrest, Mergers, and More... Part 1

Insurance Journal examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market...
 

Intelligent Automation in Loss Reserving: Why Actuaries Need Help From Robot Analysts

Among the many things that have changed how the actuarial field functions is an underlying movement to automate. By...
 
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Featured Events

 
Fundamentals of Claim Settlement and Court Procedures in Canada

Fundamentals of Claim Settlement and Court Procedures in Canada

April 28 / Online Webinar
 
 
 

East

 

No Charges in New York Fatal Crash Involving Sleeping Deputy

A sheriff's deputy who fell asleep at the wheel of a patrol vehicle near the Vermont border and slammed into another car head-on, killing...
 

Liberty University Sues Jerry Falwell Jr., Seeking Millions in Damages

Liberty University has filed a civil lawsuit against its former leader, Jerry Falwell Jr., seeking tens of millions in damages after the...
 

New Jersey Governor Proposes New Gun Control, Safety Measures

New Jersey would mandate safety courses in order to get a gun permit, require lockboxes for out-of-use firearms and change state law to...
 
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Midwest

 

Michigan Company Fined $15M for Safety Violations at Hydro Projects

A federal agency has assessed a $15 million civil penalty against a company for safety violations at three Michigan hydroelectric...
 

Missouri City Settles Part in Suit over Black Inmate's Death for $500K

A southeastern Missouri city has agreed to pay $500,000 to settle its part in a lawsuit brought by the family of a Black man who died in...
 

Thieves Targeting Catalytic Converters in Milwaukee

Thieves in Milwaukee are targeting catalytic converters on people's cars. As of April 11, thieves had stolen 497 car parts, up 19% from...
 

Officials Warn of Possible Legionnaires' Disease Exposure at Missouri Hotel

State and local health officials are warning of a potential for Legionnaires' disease exposure at a hotel in Missouri. Two people were...
 

People Moves: Burkhart to Lead Michigan Big 'I'; J.M. Wilson Promotes 3, Adds VanderMaiden

Big 'I' of Michigan Jared Burkhart will be the next CEO of Big "I" Michigan (MAIA), the association announced. Burkhart joins the Big "I"...
 
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Southeast

 

North Carolina Dwelling Rates to Increase by 7.6%; Mobile Home Request in Dispute

The North Carolina Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau on its proposed 18.7% dwelling...
 

Floor Collapses During Huge Party Near University of Georgia

At least 25 people were hurt when a floor collapsed during a massive party at a two-story house near the University of Georgia. Athens...
 

3 House Fires in Savannah, Georgia Linked to Arsons

Three houses that burned in Savannah earlier this month are believed to have been set on fire by burglars. Georgia Insurance Commissioner...
 

People Moves: INSUREtrust Hires Ye, Yarbrough; Engle Martin Picks Stewart as COO; Oakbridge Adds Mahler as VP of Technology

INSUREtrust Hires Le, Yarbrough Atlanta-based INSUREtrust has hired Beveryly Le as an account manager. She will be responsible for...
 
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Insurance Jobs

 

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

 

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

 

Innovator - Frontline Insurance - Lake Mary, FL

 

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

 

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

 
 
 

South Central

 

Two Die in Tesla Crash in Texas

Two men died after a Tesla vehicle, which was believed to be operating without anyone in the driver's seat, crashed into a tree on...
 

Texas House OKs Bill Allowing Carrying of Handguns in Public Without Permit

Texas handgun owners would no longer need a license or training to carry their weapon in public under a bill that cleared a major vote...
 

Search for Crew Members Missing from Capsized Lift Boat in Gulf Continues

For a sixth day, rescue crews returned April 18 to a capsized lift boat in the Gulf of Mexico off Louisiana, looking for nine crew...
 

Another Earthquake Reported Near Louisiana-Texas Border

A second earthquake has sent some shock waves to parts of north Louisiana near the Texas border. A 3.1 magnitude earthquake was...
 
More South Central News »
 
 
 
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8 New Classes Announced!
 
April webinars are now live for the Academy of Insurance. April offerings include CGL Master Class and The Who, What, Why, and How of 21st Century Insurance Professional Onboarding.
 
See Whole Lineup
 
Academy of Insurance
 
 
 
 

West

 

Wright National, Zurich Expand Flood Coverage into California

Wright National Flood Insurance Services LLC and Zurich Insurance are now offering Zurich's Residential Private Flood Insurance in...
 

Possible Water Crisis for Ag Operations on Oregon-California Border

Hundreds of farmers who rely on a massive irrigation project that spans the Oregon-California border learned Wednesday they will get a...
 

Colorado Woman with Dementia Arrested Over Petty Theft Sues

A 73-year-old woman with dementia is suing a Colorado city and members of its police department after she suffered a dislocated shoulder...
 

California Siblings Arraigned in $1.4M Workers' Comp Scheme

California farm labor company owners and siblings Elias Perez, 40, of Greenfield, and Alejandra Perez, 37, of Soledad, were arraigned on...
 
More West News »
 
 
 
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New Private Flood Option in California
 
Wright National Flood Insurance Services LLC has introduced Zurich Residential Private Flood - an admitted residential program - in California.
 
Find Out More
 
Wright National Flood Insurance Services LLC
 
 
 
 

International & Reinsurance

 

Cyber Attacks on the Rise for Businesses, Pushing Many to the Brink: Hiscox

The proportion of businesses targeted by cyber criminals in the past year increased from 38% to 43%, with over a quarter of those...
 

Wildfire on Cape Town's Table Mountain Rages Out of Control

More than 250 firefighters in Cape Town are battling a massive blaze that broke out on the slopes of the city's Table Mountain on Sunday...
 

Helix Underwriting to Write Excess Casualty, Forming Agency Agreement with Watford

Helix Underwriting Partners Ltd., the Bermuda-based managing general agency, has expanded its agency platform into the excess casualty...
 

China's Ant Eyes Options to Divest Founder's Stake as Beijing Pressure Grows: Sources

HONG KONG - Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control,...
 

Arthur J. Gallagher Invests in Broker ACE via Partnership with Dubai's MIG Group

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has agreed to a strategic partnership with MIG...
 

China Launches 1st Class-Action Lawsuit as Regulators Vow to Fight Accounting Fraud

SHANGHAI - China launched the country's first class-action lawsuit against a listed company on Friday, targeting Kangmei Pharmaceutical...
 

SCOR Reports 4.3% Increase in Reinsurance Prices During April Renewals

French reinsurer SCOR said it benefited strongly from continued improvements in pricing and terms and conditions, during the April 1,...
 

Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million

Arch Capital Group Ltd. estimated a range of pretax catastrophe losses of $180 million to $190 million for the first quarter across its...
 

Guy Carpenter Names Co-Heads of Cyber, Hiring Swiss Re's Cordonnier, Promoting Davis

Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the appointment of Anthony Cordonnier as managing...
 
More International & Reinsurance News »
 
 
 
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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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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...
 
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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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Learn how insurtech is solving common issues for independent agents.

Historically, it's been difficult for independent agents to profitably place commercial lines, but insurtech is quickly changing...
 
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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

 

U.S. Recommends Pausing Use of J&J COVID Vaccine over Rare Blood Clots

Posted: Tue Apr 13 -- I'm glad J&J is being paused for further investigation, but let's just keep in mind: 4,000,000 J&J doses administered 6 people have this... Rosenblatt
 

White House Rushes to Strengthen Security of U.S. Power Grid as Hacking Threats Grow

Posted: Thu Apr 15 -- Meanwhile, back in Texas the power grid gets hacked by … winter. John Dough
 

Church Official Warns of Financial Flood from Clergy Sex Abuse Claims

Posted: Tue Apr 13 -- They have the gall to fundraise from their parishioners? Why doesn't the Vatican pay for this? Had I been one of this flock in the first... curious
 

California Legislature Votes Down Fracking Ban

Posted: Fri Apr 16 -- “There is a large stain on California’s climate record, and that is oil,” Wiener said during a committee hearing". The only stain on... Retired Underwriter
 

Chubb CEO Greenberg Reiterates Call for Litigation Reform

Posted: Wed Apr 14 -- Some view a lawsuit or chance of a big settlement as the last frontier. They don't care about where the funds are derived from. knowall
 
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