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Today's Headlines

 
July 19, 2021
 
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National

 

J&J Considers Placing Talcum Powder Liabilities Into Bankruptcy: Reuters

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that...
 

Kin Insurance Sees Shark Tank SPAC Deal as Way to 'Pour Gas on' Expansion

Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through...
 

U.S. Fights Cyber Attacks by Blacklisting, Sanctioning Russian Tech Firms

The United States on Friday took a new stab at Russia's cybersecurity industry, restricting trade with four information technology firms...
 

S&P Warns of Cyber Risk's Impact on Insurers' Credit Ratings

Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a report from S&P Global Ratings. Overall, S&P said...
 

Two Firms Merging to Capitalize on Embedded Insurance Demand

Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and other e-commerce...
 

Facebook Hits Back Against Biden Team Blaming It for Vaccine Misinformation

U.S. Surgeon General Vivek Murthy stood by federal guidance that those fully vaccinated against COVID-19 no longer needed to wear masks,...
 
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Workers' Compensation Lessons Learned from COVID-19

The COVID-19 pandemic has taught us tough lessons. We have learned the strengths and limitations of globalization, our public health...
 
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Getting Behind the Firewall: How Munich Re, Allianz Underwrite Cyber Risk for Google Cloud Users

The best cyber underwriting information often is the least accessible. A thorough assessment of information security...
 
More National News »
 
 
 
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East

 

Survivors of Maryland Newspaper Shooting, Victims' Relatives Sue

The families of five Maryland newspaper employees killed in a mass shooting in 2018 and most of the surviving employees who were in the...
 

Rhode Island Governor Vetoes Auto Body Insurance Claims Legislation

Rhode Island Governor Dan McKee has vetoed legislation regarding auto body insurance claims that he said would ultimately burden...
 

Small Delaware Town Triples Police Liability Insurance

A small Delaware town has opted to triple its police department's liability insurance, noting a rise in civil rights lawsuits. The Dewey...
 

The Hilb Group Builds Virginia Presence with Six July Acquisitions

The Hilb Group (THG) is building its presence in its home state with six acquisitions of Virginia-based agencies so far this month. The...
 
More East News »
 
 
 
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Midwest

 

26 Tornadoes Swept Iowa on July 14, Preliminary Data Shows

Preliminary data shows more than two dozen tornadoes tore across Iowa on July 14, according to the National Weather Service. The service...
 

Captain, 2 Others Charged in Deadly 2018 Missouri Duck Boat Sinking

A local prosecutor on July 16 charged a boat captain and two other employees over 17 deaths in July 2018 when a tourist duck boat sank on...
 

Wisconsin Jury: Walmart Must Pay Over $125M in Disability Discrimination Case

A Wisconsin jury said Walmart must pay more than $125 million after finding against the company in a federal disability discrimination...
 

New Case Linked to Illness Outbreak at Kansas Splash Park

Health officials have identified another person infected with the bacteria that may have caused an outbreak of illness at a splash park...
 
More Midwest News »
 
 

Insurance Jobs

 

Licensed Insurance Account Manager - Angela Adams Consulting Services, Inc. - Remote - Work from home

 

Commercial Lines Compliance / Surplus Lines Tax Filings – REMOTE - Work At Home Vintage Experts - Remote / Nationwide

 

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Reinsurance Specialist - Department of Financial Services - NYC, NY

 

Statutory Consultant - SS&C Technologies, Inc. - Remote

 
 
 

Southeast

 

Rescue Efforts Fell Short for Gulfstream Insurance

Plagued by worsening financial issues and under pressure from credit rating agencies, Gulfstream Property and Casualty Insurance Co....
 

U.S. Appeals Court Sides With CDC Over Florida on COVID Rules for Cruise Ships

A U.S. appeals court late Saturday in a 2-1 ruling put on hold a lower-court decision that said the U.S. Centers for Disease Control and...
 

Witness Says Suspended Georgia Insurance Commissioner Used Arson Money to Buy Campaign Signs

Suspended Georgia Insurance Commissioner Jim Beck improperly took money from the private insurer he led and used it to buy campaign signs...
 
More Southeast News »
 
 
 
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South Central

 

Chemical Leak at Texas Water Park Sends 29 to Hospital

A chemical leak at a Houston-area water park left dozens suffering from minor skin irritation and respiratory issues on July 17,...
 

Lake Charles Mayor Seeks More Hurricane Aid from Washington

The mayor of a southwest Louisiana city recovering from back-to-back blows from Hurricanes Laura and Delta is in Washington hoping to...
 

People Moves: IIAT Elects Officers, Directors; Pettiette Joins Louisiana's Dwight W. Andrus Insurance

IIAT The Independent Insurance Agents of Texas (IIAT) elected Gaylon Brown of TexCap Insurance in Dallas to serve as chair for 2021-2022...
 
More South Central News »
 
 

West

 

Takeaways from Our Conversation on The Impact of California Wildfires on Cannabis Insurance

The California wildfire season is shaping up to be an ugly one, with a worsening drought and soaring temperatures in the Western U.S....
 

Oregon Wildfire Burns More than 476 Square Miles

Erratic winds and dry lightning added to the dangers for crews battling the nation's largest wildfire over the weekend in parched Oregon...
 

17 More Arraigned in $822K California Auto Insurance Fraud Ring

Another 17 defendants were arraigned for their alleged involvement in an organized auto insurance fraud ring in California in which...
 

People Moves: Pinnacol Names Johnson Chief Human Resources Officer; CIBA CEO Marino Stepping Down with Rheel Named New CEO

Pinnacol Assurance named Timothy A. Johnson chief human resources officer and vice president of employee services. He replaces Barbara...
 
More West News »
 
 

International & Reinsurance

 

S. African Riot Insurer to Shoulder Bulk of Claims After Days of Violent Civil Unrest

As calm begins to return to South Africa following days of violent riots that caused billions of rand in damage, questions are being...
 

Number of Women on Boards of UK's Top Financial Firms Rises to 32%: Report

The proportion of women on the board at 200 of Britain's top financial firms has risen to nearly a third in the five years since the...
 

Liberty Mutual Looks to Acquire Malaysian P/C Insurer AmGeneral

Boston-based Liberty Mutual Insurance said it will be applying for regulatory approval to acquire Malaysian property/casualty insurer...
 

Death Toll from European Floods Rises Above 180

The death toll from flooding in Western Europe climbed above 180 on Sunday after rescue workers dug deeper into debris left by receding...
 

China Plans to Sell Controlling Stake of Revamped Anbang (Now Called Dajia) for $5.2B

Two Chinese state investors plan to sell a combined 98.78% of their stakes in Dajia Insurance Group, the revamped entity of embattled...
 

Zego, Supported by Swiss Re, Teams Up with bp to Insure Electric Vehicles in London

Commercial motor insurer Zego, with support from Swiss Re, has teamed up with bp, an integrated energy company, to provide professional...
 

TransRe Reorganizes Global Underwriting Structure, Promoting Key Leaders

TransRe has reorganized its global underwriting structure and promoted key leaders in the areas of Regional Markets, North America,...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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Alternate Routes: The Pandemic, the Global Supply Chain, and Transportation Insurance

Agents and brokers dealing with transportation clients should have a solid grasp on the pandemic induced developments impacting...
 
research

The Challenges of Insurance for the Cannabis Industry

For brokers to successfully tap into cannabis-related business opportunities and ensure their clients have the right coverage, a...
 
research

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

Discover policyholder risks from indoor mold.

Indoor mold is potentially dangerous and destructive – you don't want it in your home or business! Mold is found everywhere...
 
research

Addressing Professional Liability Risks for CPA Firms

With today's expanding technology and issues surrounding audits, cybersecurity, regulatory & tax reform challenges as well...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 18: What Insurers Should Know as Ransomware Takes Center Stage

Cyber criminals aren't just stealing passwords and data. They're stealing the spotlight. Amid...
 
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EP. 27: These Cannabis Questions Must Be Answered in Final Six Months of 2021

At the half-way mark in 2021 as we emerge from the pandemic, one has to wonder what the rest...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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