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August 30, 2021
 
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National

 

Ransomware Has Been a 'Game Changer' for Cyber Insurance

Anyone who works in cyber insurance knows that the industry is never static. It's a constantly evolving business as the risks change all...
 

Law Firms Battle Lawsuits Calling for SPAC Regulation

The legal tussle around special purpose acquisition companies (SPACs) intensified on Friday as a group of U.S. law firms hit out against...
 

Labor Force Participation Rebound Will Take Time: Research

The U.S. Federal Reserve faces a long slog if it hopes for the country's labor force participation rate to climb back to pre-pandemic...
 

Bankruptcy Judge Urges Holdout States to Settle Issues With Purdue Pharma, Sacklers

A federal bankruptcy judge on Friday urged states that oppose a settlement plan with Purdue Pharma to try to work out differences with...
 

FDA Tests for PFAS Found No Need to Avoid Processed Foods

The Food and Drug Administration released the results of the first survey of per- and polyfluoroalkyl substances (PFAS) in nationally...
 

Ida Loses Punch, Levees Hold; Louisiana Expects More Rain, Flooding

Ida lost some of its punch over southwestern Mississippi on Aug. 30 after making landfall in Louisiana as one of the most powerful...
 

Reinsurance Prices Expected to Harden at Jan. 2022 Renewals - with Less Momentum

Global reinsurers' underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes...
 

Insurers Need to Accelerate Exit From Oil & Gas Industry to Meet Climate Goals: Report

For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts to exit the oil...
 

Not Your Grandpa's MGA: Competition Heats Up in Digital Insurance

For nearly 150 years, managing general agencies have been an important sales and distribution arm of the U.S. insurance...
 
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Featured Events

 
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September 14 / Virtual
 
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October 12 / Virtual
 
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September 21 / Glendale AZ
 
 
 

East

 

New York Volunteer Firefighter Killed by Reversing Fire Truck

A volunteer with the Hartland fire company was killed on Tuesday evening when a fire truck she was helping to direct reversed into her,...
 

Pennsylvania Woman Who Coughed on Market Produce, Claimed Virus Gets Jail

A Pennsylvania woman who pleaded guilty to coughing and spitting on food at a supermarket in the early days of the coronavirus pandemic...
 

Feds Say $31M Manhattan Trip-and-Fall Scam Used Homeless People as Pawns

A racket in which corrupt lawyers and doctors generated over $20 million in lawsuit settlements by manipulating hundreds of homeless...
 
More East News »
 
 
 
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Midwest

 

New Law Impacts Missouri Insurance Producers, Insurers

A new Missouri law that went into effect on Aug. 28 revises provisions for producer license renewals and provides opportunities toward...
 

Northeastern Iowa Tornado, Storms Damage Buildings, Crops

Officials in northeastern Iowa say a tornado caused significant damage, especially in the small town of Marble Rock. KCRG-TV reports that...
 

Fines, but no Jail Time for South Dakota AG in Pedestrian Death

South Dakota Attorney General Jason Ravnsborg pleaded no contest on Aug. 26 to a pair of misdemeanor traffic charges over a crash last...
 
More Midwest News »
 
 
 
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IJ's Top 100 Independent P/C Agencies
 
A special thanks to Smart Choice for making
this report available to you free of charge.
 
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Southeast

 

Align Acquires Atlanta-Based Underwriting Manager NBIS

Align Financial Holdings, LLC ("Align"), a general agency and specialist program underwriting manager announced that it has acquired...
 

Companies Appealing Fines Following Georgia Nitrogen Leak That Killed Six

Three of four companies are appealing federal workplace safety fines following a January liquid nitrogen leak that killed six workers at...
 

Tesla Slams into Florida Highway Patrol Car on Autopilot

A Tesla driving in autopilot mode slammed into a Florida Highway Patrol cruiser on an interstate near downtown Orlando and narrowly...
 
More Southeast News »
 
 
 
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South Central

 

Analysis: As Ida Strikes, Louisiana Still Waiting for Aid a Year After Laura

A powerful Hurricane Ida struck Louisiana on Aug. 29, but an equally powerful Hurricane Laura wrecked southwest Louisiana a year ago,...
 

Ida Loses Punch, Levees Hold; Louisiana Expects More Rain, Flooding

Ida lost some of its punch over southwestern Mississippi on Aug. 30 after making landfall in Louisiana as one of the most powerful...
 

CoreLogic: Hurricane Ida Threatens 941K Homes with $220B in Rebuilding Cost

Severe wind, surge inundation and extended heavy rainfall endanger more than 941,000 homes with a reconstruction cost value of all...
 

Ida's Economic Impact Could Spread Far Beyond Gulf Coast

Hurricane Ida, with its high winds, floods and intense storm surge, not only will likely damage the energy-heavy Gulf Coast economy, its...
 

Louisiana Governor Seeks Major Disaster Declaration After Ida's Landfall

Louisiana Gov. John Bel Edwards has asked President Joe Biden for a Presidential Major Disaster Declaration due to the severe impact from...
 
More South Central News »
 
 

Insurance Jobs

 

Corporate Claims Specialist - Asbestos and Environmental - PMA Campanies - 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

 
 
 

West

 

More Sinking in Tilting San Francisco High-Rise Halts Repairs

A $100 million fix to stop a San Francisco luxury high-rise from sinking and tilting even more is on hold while engineers try to learn...
 

Nevada Jury Awards $38.8M to Family of Girl Killed by Trash Truck

A jury in Las Vegas, Nev., has awarded $38.8 million in damages to the family of an 11-year-old girl who was fatally hit by a trash truck...
 

California Agent Arrested, Charged with Theft of More than $1M

A Camarillo, California, insurance agent was arrested on Aug. 26 and charged with allegedly stealing more than $1 million from clients,...
 

Explainer: Is Hawaii's Kilauea Volcano Going to Erupt Again?

The ground at the summit of Kilauea volcano in Hawaii has been rumbling and swelling in recent days, prompting scientists to warn that...
 
More West News »
 
 
 
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International & Reinsurance

 

China's Regulator Probing Ping An Insurance's Property Investments: Reuters

SHANGHAI -- China's banking and insurance sector regulator is probing Ping An Insurance Group Co. of China Ltd.'s investments in the...
 

Chinese Regulators Seek More Control Over Internet Firms' Algorithms

Chinese regulators will exercise greater control over the algorithms used by Chinese technology firms to personalize and recommend...
 

Hong Kong's OneDegree Raises $28 Million in New Round of Funding

OneDegree, a Hong Kong-based insurance technology company, raised $28 million in a new round of funding as the startup looks to expand in...
 

Fire Damages Harry Potter 'Birthplace' Cafe in Scotland

A cafe in Scotland's capital where author J.K. Rowling wrote some of the Harry Potter books has been damaged in a fire. The Elephant...
 
More International & Reinsurance News »
 
 
 
 
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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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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

What's Next for the P&C Industry in 2021?

The 2021 P&C Market Outlook Executive Summary provides agents with a valuable breakdown of the price predictions for...
 
research

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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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...
 
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...
 
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