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December 20, 2021
 
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National

 

Ruling Against Purdue's Sacklers Puts Controversial Bankruptcy Tactic in Spotlight

A federal judge's decision to unravel a settlement shielding members of the Sackler family from future opioid litigation could upend a...
 

Infrastructure Investment Package Expected to Boost Surety Market: AM Best

The recently enacted $1.2 trillion U.S. infrastructure package is expected to result in more business opportunities for surety companies...
 

EPA Releases $1 Billion to Clean Up Toxic Waste Sites in 24 States

Nearly 50 toxic waste sites around the U.S. will be cleaned up, and ongoing work at dozens of others will get a funding boost, as federal...
 

UK Brokerage Insurtech Eyes U.S. Expansion After $7.9M Capital Raise

A commercial insurance brokerage technology company that is up and running in the UK is targeting the U.S. after raising more than $7.9...
 

People Moves: Chubb Changes Commercial P/C Leadership; BHSI Promotes Meyer in Life Sciences; AIG Adds Hunter to ESG; J.D. Power Hires Ellingsworth

Chubb Bolsters Leadership in its North America Commercial P/C Businesses Chubb has changed the leadership in its North America commercial...
 

Court OKs Biden Covid Vaccine Mandate for Employers; Supreme Court Appeal Likely

A federal appeals court panel on Friday allowed President Joe Biden's COVID-19 vaccine mandate for larger private employers to move...
 

Update: After Latest Court Ruling, Must Employers Follow Biden's Vaccine Mandates?

Tens of millions of workers across the U.S. are in limbo as federal courts have issued different rulings related to President Joe Biden's...
 

MCI Lloyd’s Syndicate 1902 Offers ‘Ground-Breaking’ Infectious Disease Liability Cover

Specialist liability underwriter Medical & Commercial International (MCI) announced the launch of a ground-breaking communicable disease...
 

Why Reinsurance Prices Are Wrong--and How to Fix Them

Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently,...
 
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Insurance Jobs

 

Risk Control Consultant - United Fire Group - San Antonio, TX

 

Group Health - Disability Claims Adjuster / Examiner - Work At Home Vintage Experts - Remote

 

Field Sales Territory Manager - Foremost Insurance - Foremost Insurance by Farmers Insurance - Seattle, Washington

 

Partnership Account Manager - Semsee - New York, NY

 

Commercial Lines Underwriter - Insurance Company - Work At Home Vintage Experts - Remote

 
 
 

East

 

Two Ex-Maryland Players Reach Settlement to Football Lawsuit

Two former Maryland football players have each reached $200,000 settlements in lawsuits accusing former coach DJ Durkin of running a...
 

New York Contractor Faces $244K in Penalties for Exposing Workers to Fall Risks

Three federal safety inspections at a Suffern, New York, condominium complex confirmed a Rockland County roofing contractor repeatedly...
 

The Hilb Group Acquires Charles Newman Co., Builds on New York Presence

The Hilb Group acquired Charles Newman Co. Insurance and Employee Benefits to its portfolio, adding to The Hilb Group's growing presence...
 
More East News »
 
 

Midwest

 

McDonald's to Pay Black Store Owner $33.5 Million in Bias Suit

McDonald's will pay $33.5 million to a former baseball player who owns multiple franchises to end a lawsuit he brought against the...
 

Indiana Lawmakers Consider Vaccine Limits as COVID Surges

Some Indiana doctors and health experts warned last week that a Republican-backed proposal aimed at limiting workplace COVID-19...
 

Kansas Wildfires Kill Two

Two men have died from injuries suffered in wildfires that have burned hundreds of thousands of acres across Kansas last week,...
 
More Midwest News »
 
 
 
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AmTrust 2021 Contractor Risk Report
 
The Amtrust 2021 Contractors Risk Report provides insights into the risks artisan contractors face, along with tips to protect clients.
 
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Southeast

 

Fire Destroys Huge QVC Distribution Center in North Carolina

What was described as a "massive" fire destroyed most of a sprawling QVC distribution center in Rocky Mount, North Carolina, shutting...
 

Former Citizens President Cleared of Waterway Excavation Infraction

The former president of Florida's Citizens Property Insurance Corp. has been found not guilty by a federal jury after he was charged with...
 

Merrill Leaves CEO Spot at CoventBridge Investigations Firm

The founder and head of CoventBridge Group, a major investigations firm for the insurance industry, will be stepping down as CEO and will...
 
More Southeast News »
 
 

South Central

 

Texas Deputy Insurance Commissioner Receives Robert Dineen Award from NAIC

Texas Department of Insurance Chief Deputy Commissioner Doug Slape is a recipient of this year's Robert Dineen Award, the highest honor...
 

Fatal Texas Plane Crash Likely Clipped Treetops

A small plane appeared to have clipped treetops before crashing west of Houston, killing both people aboard, federal investigators...
 

Arkansas Flooring Manufacturer Faces $204K in Proposed Fines for Unsafe Workplace

A knot saw operator suffered a partial amputation of an index finger in June 2021 when his hand came in contact with a rotating blade...
 
More South Central News »
 
 

West

 

Vaccinated California Employees Face Workplace Restrictions

In a move criticized by business groups and hailed by labor advocates, California's workplace regulators extended the state's coronavirus...
 

Arthur J. Gallagher Acquires Bradawn Insurance Services in California

Arthur J. Gallagher & Co. acquired Escondido, California-based Bradawn Insurance Services Inc. Dawna Gray and her associates will remain...
 

Lawsuit Filed in April Custody Death of Northern California Man

The family of an Oakland man who died after police held him down filed a wrongful death lawsuit Friday, contending officers asphyxiated...
 

Southern California Edison Faces $550M in Penalties for 5 Wildfires

California regulators approved a settlement placing more than half a billion dollars in fines and penalties on the utility Southern...
 
More West News »
 
 

International & Reinsurance

 

Argo Announces Sale of ArgoGlobal SE as Group Focuses on U.S. Specialty Insurance

Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance, announced an agreement to sell its Malta...
 

Insurer Storebrand to Buy Norwegian Pensions Unit From Danske Bank for $221M

OSLO/COPENHAGEN - Insurer Storebrand has agreed to buy the Norwegian unit of Danish pension provider Danica from Danske Bank, the...
 

Record Rainfall, Floods Across Globe Generate Billions in Economic Damages: Aon

November was a wet month in many countries across the globe, with heavy rains and flooding causing billions of dollars of economic...
 

Typhoon Rai Leaves Trail of Destruction in Southeast Asia, Killing More Than 200

Severe weather disruptions hit Malaysia and the Philippines, leaving a trail of destruction among nations most vulnerable to natural...
 

Pro MGA Solutions Provides MGA Incubator Platform for Tierra Underwriting Ltd.

Global re/insurance adviser Pro Global Holdings Ltd. announced the incubation of environmentally focused managing general agent, Tierra...
 

Everest Re Extends President and CEO Andrade's Employment Agreement

Everest Re Group Ltd., the Bermuda-based re/insurer, announced the extension of President and CEO Juan C. Andrade's employment agreement...
 
More International & Reinsurance News »
 
 
 
 
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Insurance Journal Blogs and Columns

 

2022 Insurtech Gift Guide: The Ideal Technology Stack

This post is part of a series sponsored and authored by Zywave. As we near the end of 2021, it's always good to start to look forward to...
 

Amid COVID, Insurance Regulation Remains Profitable

The COVID-19 pandemic hit state budgets particularly hard in 2020, with a $24.11 billion drop in tax revenue collected from 2019's...
 
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Research and Webinars

 
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Pair your expertise with the speed your clients want and need.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
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Discover Your Opportunity to Enhance Policyholder Experience

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals.  Playing a role in your...
 
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Achieving more scalable growth and improving your employee experience

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
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Mobile Telematics: The solution to driving your business forward.

Are you still using Credit Score to assess risk? Move beyond legacy methods of assessing risk with proven insurance solutions...
 
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The MGA's Guide to Producer Licensing and Compliance through Technology

MGAs face regulatory challenges from all directions and insurance laws vary by state, making the management of producer...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 39: Expert Says Cannabis Insurance Rates for Cyber, EPL, Property to Rise in 2022

A survey of 200-plus cannabis insurance-focused professionals at one of the largest brokers in...
 
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EP. 28: Looking in the Rearview Mirror: Cyber Lessons Learned from 2021

The year is coming to an end and cyber insurers as well as their clients may be reflecting on...
 
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