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December 14, 2020
 
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National

 

Trump EEOC Rule Aims to Slow Workplace Discrimination Lawsuits

The leader of the U.S. workplace anti-discrimination agency is pursuing a policy shift that could slow litigation against companies long...
 

Trump Administration Seeks Medical Privacy Changes

Urged on by hospitals, doctors and patients, U.S. health officials are proposing changes to medical privacy rules that could ease...
 

Impact of Coronavirus on U.S. Economy Could Be $3-$5 Trillion Over 2 Years: USC Study

The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. real gross domestic product (GDP)...
 

Insuring Cannabis Summit: Capacity, Vaping Among Issues in Industry Going Forward

Editor's note: This is part of a series of articles based on panels and presentations during Insurance Journal's 2020 Insuring Cannabis...
 

Flight Attendants Say United Airlines Quarantine Protocols Are Unsafe

United Airlines is telling some flight attendants whose colleagues test positive for COVID-19 to keep flying and monitor for symptoms,...
 

Supreme Court Agrees to Hear Goldman Stock Price Class Action

The U.S. Supreme Court on Friday agreed to hear Goldman Sachs Group Inc.'s appeal in a securities fraud case that could redefine the...
 

Hagerty Names 2 to Top Roles to Drive Global Automotive Lifestyle Brand

Hagerty, the specialty and classic auto insurance managing general agency, sees itself as more than an insurance provider. The company...
 

Bipartisan COVID Relief Plan Expected to Put State Aid, Liability Shield in Separate Bill

Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi discussed developments on federal funding, including pandemic relief,...
 

Frequency of Cyber Events Targeting Businesses Increasing: Travelers

Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers' Cyber Risk Index said their firm...
 

Rise and (Help Others) Shine

What wakes you up every morning? Your alarm clock? The neighbor's (or your) barking dog? Sunrise through your window? A...
 
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East

 

Holding a Phone While Driving Will Soon Be Illegal in Virginia

It will soon be illegal in Virginia to hold a phone while driving. WAVY-TV reported that the new state law takes effect in January....
 

AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies

AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings...
 

Vermont's Union Mutual Insurance Company Promotes Pryce to VP of Claims

The board of directors for Union Mutual Insurance Company voted at their December meeting to promote Jeff Pryce to the role of vice...
 
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Midwest

 

Minnesota Bar Owner Faces Federal Arson, Insurance Fraud Charges

The owner of a historic St. Cloud, Minn., bar has been indicted on federal arson and wire fraud charges for allegedly setting fire to the...
 

Body of One Missing Worker in Ohio Power Plant Collapse Recovered

Crews recovered the body of one of two workers missing since a power plant being demolished in southern Ohio collapsed early Dec. 9. The...
 

Kansas Fitness Studio Sues State Over COVID-19 Restrictions, Losses

A Wichita fitness studio's owner and his business are suing Kansas for compensation for being forced to shut down and reopen with...
 
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Southeast

 

South Carolina Renews Wind Pool Territory Expansion

A temporary order extending the area where South Carolina's residual property insurance market provides insurance has been renewed for...
 

Court Nixes Ruling Granting Workers' Comp Benefits to Family of Slain Alabama Worker

A Jefferson County court erred when it ruled the city of Birmingham should have to pay benefits to relatives of a city worker who was...
 

Kentucky Begins Easing Virus Restrictions on Businesses

Kentucky Gov. Andy Beshear announced Thursday that the state's restaurants, bars, gyms and other businesses will be able to return to...
 

Georgia to Test 800 Schools for Lead in Drinking Water

Georgia is moving forward with plans to test for lead in drinking water at schools and child care facilities. The state Board of...
 
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South Central

 

Deadline for Hurricane Insurance Filings Set by Louisiana Law

Louisiana Insurance Commissioner Jim Donelon says people who need to file proof of loss documents for insurance claims involving property...
 

Texas AG's Office: Whistleblower Firings Were not Retaliation

Texas Attorney General Ken Paxton's office told a state district court that it was not retaliating when it fired former top Paxton aides...
 

Texas to Get Federal Disaster Assistance for Hurricane Laura Recovery

Federal disaster assistance has been made available to the state of Texas to supplement state, tribal and local recovery efforts in the...
 
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West

 

Washington Gym Defying Virus Orders Fined Nearly $10K a Day

The state has levied a large fine against a Graham gym that is defying Washington Gov. Jay Inslee's orders meant to slow the spread of...
 

Analysts Say Cat Models Would Encourage Wildfire Mitigation Measures

Predictive modelers told California regulators on Thursday that the state's antiquated rules for calculating wildfire risk when setting...
 

Cruise Rolling out Fully Autonomous Cars in San Francisco

General Motors' self-driving car company is sending vehicles without anybody behind the wheel in San Francisco as it navigates its way...
 

California Wildfire Survivors Urged to Call FEMA Helpline by Dec. 16

People with losses due to the California wildfires in Fresno, Los Angeles, Madera, Mendocino, Napa, San Bernardino, San Diego, Shasta,...
 

California Workers' Comp Public Self-Insured Med-Only Claims Drop

Initial data on fiscal year 2019/2020 public self-insured claims experience in the California workers' compensation system show claim...
 
More West News »
 
 

International

 

With Economic Damages of $9B, Hurricanes Eta and Iota Topped Off Record Year: Aon

Hurricanes Eta and Iota in November topped off the 2020 Atlantic hurricane season when a record of 12 named storms made landfall in the...
 

Tortuous Brexit Trade Talks Get New Breath of Life but Next Few Days Are Critical

BRUSSELS/LONDON - European Union Brexit negotiator Michel Barnier said on Monday that sealing a trade pact with Britain was still...
 

UK Insurer Aviva to Sell Vietnamese Business to Canada's ManuLife

British insurer Aviva PLC is selling its Vietnamese business to Canadian insurer ManuLife Financial Corp, it said on Monday, as it pushes...
 

Mastercard Loses $18.6B Class Action Court Ruling in UK

Inc. faces the prospect of a 14 billion-pound ($18.6 billion) UK class action -- the largest of its kind -- after losing another battle...
 

Aon Acquires India's Anviti Insurance Brokers

Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm in India....
 

AmTrust International Hires Kiernan and Stroulger as Underwriters in London

AmTrust International, the UK and International arm of New York-based insurer AmTrust Financial Services, Inc., announced two key senior...
 
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Business Income Insurance Demystified
 
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Insurance Journal Blogs and Columns

 

2020: A Year of Natural Hazard in Review

What happened in 2020? 2020, without a doubt, has been a shock for everyone. Despite dealing with the ramifications of a global pandemic,...
 
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Research and Webinars

 
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Real world examples of the modern insurance agency

Let's face it—the distribution channel has treated carriers, agents, and customers well in the past, but the digital world we...
 
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Seismic Changes Ahead for D&O Insurance Segment

AM Best expects that the Directors and Officers (D&O) segment will soon undergo radical changes based on an examination of...
 
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How the Best Agencies Stand Out

Independent agencies today face an increasingly commoditized market, with new competitors constantly on the rise, and technology...
 
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Three Ways to Thrive as an Insurance Agent in a Hard Market

The hard market is here and shows no signs of slowing down. While this period of the insurance cycle is often known as being the...
 
More research and webinars »
 
 

Insurance Journal TV

 
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ICS20 Soundbite: Capacity, Vaping Among Issues in Cannabis Industry Going Forward

Norman Ives, a wholesale insurance broker at Worldwide Facilities LLC specializing in custom...
 
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EP. 2: Forget the Stars, Insurers are Shooting for the Cloud

Recent research shows that more insurers are taking advantage of cloud technology for data...
 
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Reader Comments

 

30 Major League Baseball Teams Sue insurers Over Lost Revenue Due to Coronavirus

Posted: Mon Dec 7 -- I don't think the broad public understands the damage that will occur to our economy and way of life if courts determine that business... CL PM
 

Zurich and Farmers Agree to Buy MetLife's U.S. P/C Business for $3.94 Billion

Posted: Fri Dec 11 -- You take two pieces of bread and jamming it together and you still have no meat....Farmers was a disaster after the AIG PL purchase. I guess... Sandwich
 

Workers With Second Jobs May Be Factor in Nursing Home COVID Risk: Study

Posted: Thu Dec 10 -- Two jobs is necessary when they pay $15 or less to take care of our elderly. Caldude
 

Free Shots, Cash Bonus, Firing. Employers Weigh How to Get Employees Vaccinated

Posted: Fri Dec 11 -- Another way to read the headline is Good, Bad, Worst. Other than health officials, who are now delegating with unbelievable and... Mr. Integrity
 

L.A. Restaurants Win Court Battle Over Virus Closures

Posted: Thu Dec 10 -- I'm not sure why this same logic is not used to challenge and overturn the Governor's EO, since I highly doubt that moron has the mental... Mr. Integrity
 
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