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Today's Headlines

 
June 7, 2021
 
Today's Headline Sponsor: Berkshire Hathaway Specialty Insurance (BHSI)
 
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National

 

Plaintiffs Seek ISO Files on Virus Exclusion to Back Business Interruption Claims

Plaintiffs attorneys are looking deep into the weeds for evidence to support claims for business income lost because of COVID-19 public...
 

Supreme Court's Upcoming 23 Rulings to Touch on Business, Religion, Voting, Students

The Supreme Court heads into the home stretch of Justice Amy Coney Barrett's first term with a list of big-money and culturally divisive...
 

Washington Debates What to Do About Ransomware Payments, Cyber Reporting

More transparency is needed into what kind of cash payments are made after ransomware attacks, a top Democrat said, following a recent...
 

Top Aviation Safety Official to Leave FAA

The Federal Aviation Administration's (FAA) top safety official said Wednesday he will step down effective June 30. Ali Bahrami, the...
 

Safety Qualms, Slow Demand Hamper J&J Vaccine Rollout in U.S.

Safety concerns about Johnson & Johnson's COVID-19 vaccine along with overall flagging demand for vaccinations have slowed its U.S....
 

Odie Pet Insurance Agency Raises $3 Million

Odie Pet Insurance has closed on more than $3 million in new funding to accelerate its growth and invest in technology. Odie Pet...
 

People Moves: Allstate's Chauhan Heads Zurich NA Strategy; AGCS Expands Executive Team With Laufer, Pignataro

Neeren Chauhan has been named head of Strategy, Innovation & Business Development for Zurich North America. Chauhan joins Zurich after...
 

The Really, Really Big One: The Likelihood of a 1-in-100 Year Cyber Catastrophe

More than a year into what some have called a 1-in-100 year pandemic with COVID-19, many may be wondering what other unprecedented events...
 

Tough Times Continue for Medical Professional Liability Market

Despite a slight improvement in net income in 2020, U.S. medical professional liability (MPL) insurers saw their sixth consecutive year of...
 

An Alternative View: Crediting Credit Scores

While InsurTechs like Loop and Buckle are trying to reshape the future of insurance without using credit scores to...
 
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Featured Events

 
The Future of Insurance USA 2021

The Future of Insurance USA 2021

June 22 / virtual
 
 
 

East

 

Woman Impaled by Beach Umbrella in Maryland Files Negligence Lawsuit

A woman who was impaled by a beach umbrella in Maryland three years ago has sued the town and umbrella business, claiming their...
 

Connecticut Man Pleads Guilty to Setting Fire to Shakespearean Theater

A Connecticut man has pleaded guilty to setting fire to a renown Shakespearean theater and several other structures in four towns....
 

CEO of Massachusetts Insurance Agency Charged in Connection with Fraud Scheme

The president and CEO of a Taunton, Massachusetts, insurance agency has been indicted in connection with an alleged embezzlement scheme...
 
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Midwest

 

Ohio School District OKs $3M Settlement in Bullied Child's Suicide

The parents of an 8-year-old boy who killed himself after being bullied repeatedly at an Ohio school have reached a tentative $3 million...
 

Florida Surgeon's Estate Settles with Indiana City over Plane Crash Death

The estate of a Florida plastic surgeon who died in 2019 when his small plane crashed in a central Indiana farm field shortly after...
 

Indiana Cement Plant Fined $730K for Air Pollution

A central Indiana cement plant is facing more than $700,000 in fines under a settlement stemming from alleged Clean Air Act violations...
 

Earthquake Recorded in Southern South Dakota, No Damage Reported

Officials say an earthquake occurred in southern South Dakota, though no damage was reported. The United States Geological Survey said...
 
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Southeast

 

Kentucky Sues CVS Health, Accusing Chain of 'Fueling' the State's Opioid Crisis

Kentucky's attorney general last week sued CVS Health, accusing its pharmacy chain of flooding the state with prescription opioids that...
 

Alabama Beverage Firm Pays $800K to Settle Racial Discrimination Claims

A beverage distributor that operates across Alabama and played a role in the state's craft beer craze agreed to pay more than $800,000 to...
 

Florida's Altmaier Sees His State's Private Flood Insurance Market Helping Others

Florida has 90,000 private flood insurance policies in force now-- a 300% increase since passing legislation to encourage private...
 
More Southeast News »
 
 

Insurance Jobs

 

Deputy Insurance Commissioner - Legal Affairs - Office of the Insurance Commissioner - Tumwater, WA

 

Property Liability Claims Supervisor - CIS (Citycounty Insurance Services) - Tigard, Oregon (Oregon telecommuting options are available)

 

Commercial Lines Rater / Rating Technician - Insurance Company - Work At Home Vintage Experts - Remote

 

Commercial Lines Producer - George Petersen Insurance - San Rafael

 

Actuary I - MAPFRE Insurance - Remote (or near Webster, MA Campus)

 
 
 

South Central

 

Texas Records $884.75M in Surplus Lines Premiums in May

The Surplus Lines Stamping Office of Texas (SLTX) recorded a record-breaking $884.75 million in premium for May, with a total of $3.63B...
 

Brost Joins BSBD in Texas as EVP; Russell Named Oklahoma WCC Chairman, Liotta Resigning

Boyd, Shackelford, Barnett and Dixon Boyd, Shackelford, Barnett and Dixon (BSBD) based in Plano, Texas, has hired Matt Brost as executive...
 

Survivor of Louisiana Capsized Lift Boat Sues; Details Ordeal

A man who was on a lift boat that capsized eight miles (about 13 kilometers) off the Louisiana coast in April was taking a nap when the...
 
More South Central News »
 
 

West

 

Takeaways from Talk About Regulators and Cannabis Insurance

There's a shortage of carriers offering insurance to cannabis businesses in numerous states, causing these businesses to pay more for...
 

Magnitude 3.9 Earthquake Struck Communities in Oregon

People in communities near Mt. Hood, Ore., reported feeling a moderate earthquake Saturday night, the Oregoniann/Oregonlive.com reported....
 

Magnitude 5.3 Confirmed in Southern California

A moderate earthquake struck near the Salton Sea in Southern California on Saturday but there were no immediate reports of injuries or...
 

Close Calls in Colorado Spark Push for Wildfire Mitigation

As the Missionary Ridge Fire raged in 2002, the Valley Fire, a second fire, broke out and destroyed six homes within hours near the Falls...
 

Vaccinated California Workers May Have to Keep Masks on

California is set to fully reopen in less than two weeks and do away with virtually all mask and social distancing requirements for...
 
More West News »
 
 

International & Reinsurance

 

Data Recorder Recovered from Ship Carrying Chemicals Sinking Off Sri Lanka

COLOMBO, Sri Lanka (AP) - Experts recovered the data recorder of a fire-ravaged ship carrying chemicals that is slowly sinking off Sri...
 

VW Nears Claims Settlement with Former CEO over Dieselgate Scandal

BERLIN - Volkswagen on Sunday said it had reached the broad outlines of a settlement with former boss Martin Winterkorn over his role in...
 

Families of MH17-Crash Victims Prepare for Painful Phase of Dutch Trial

AMSTERDAM - Families of people who died in the 2014 downing of Malaysia Airlines flight MH17 said they were preparing to hear painful...
 

German Insurtech ELEMENT Raises $19.5M to Continue Growth

ELEMENT, the Berlin-based white-label provider of digital insurance solutions, has raised €16 million (US$19.5 million), in additional...
 

New Global Board for Corporate Sustainability Standards Gets Heavyweight Advisers

Former European Central Bank President Jean-Claude Trichet will head an advisory group on setting up a global board for...
 

People Moves: Aon's Wakefield to Gallagher Re as CEO, Succeeding Behagg; Arch's Rippert as Head of Mortgage at Aspen; Desmond Promoted at Marsh UK & Ireland

This wrap-up of international People Moves details appointments at broker Gallagher Re, Aspen Insurance Holdings' mortgage team and...
 
More International & Reinsurance News »
 
 
 
 
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Research and Webinars

 
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Discover how to address the emerging risks challenging your nonprofit clients

Discover forward-thinking approaches to address the emerging risks challenging your nonprofit clients and prospects. Nonprofits...
 
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Rethink and improve underwriting and claims processes with data.

Like most industries, insurance companies are accelerating their ability to improve their customer experience to meet new...
 
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Discover how data and analytics can uncover maximum carrier commissions potential.

Data and analytics are transforming the insurance industry, and independent agencies have the perfect opportunity to transform...
 
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Addressing Professional Liability Risks for CPA Firms

With today's expanding technology and issues surrounding audits, cybersecurity, regulatory & tax reform challenges as well...
 
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OSHA Top 10 for Brokers

Brokers, help your insureds avoid the most frequently cited violations. OSHA citations. They're rampant, they hide in plain...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 15: Experts Call Colonial Pipeline Attack a Wake-Up Call, Say Bigger Attacks Could Be Ahead

Cyber experts are saying that the Colonial Pipeline attack, in which ransomware took down...
 
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Florida Insurance Commissioner Optimistic About Property Reforms

It was a busy legislative session for the Florida Office of Insurance Regulation, with...
 
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