Insurance Journal
 
 

Today's Headlines

 
March 8, 2021
 
Today's Headline Sponsor: Philadelphia Insurance Companies
 
 
 
adv
 
Let's talk agent relationships
 
Got a niche? PHLY provides protection for more than 120 niche, real-world industries. Watch to hear from our agents about how we help them help their customers.
 
Learn More
 
Philadelphia Insurance Companies
 
 
 
 

National

 

Fitch Sees 2020's Personal Auto Insurer Profits as Unsustainable

Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don't look...
 

White House Warns of Hack of Microsoft's Outlook Email Program

The White House on Sunday urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack...
 

Demand for Travel Insurance Takes Off As More Destinations Require Coverage

COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as...
 

The 2021 Insurance Landscape for Surgeons in the Wake of COVID-19

This year is looking to be one of changes and big possibilities for surgeons. While 2020 brought declines in surgical revenue and drops...
 

Sierra Specialty Launches Nationwide Agribusiness Program

Sierra Specialty has launched an agribusiness program now available in all 50 states. Sierra Specialty has sole authority to underwrite,...
 

Hacks of Microsoft Outlook Email Program Continue Despite Patch

More than 20,000 U.S. organizations have been compromised through a back door installed via recently patched flaws in Microsoft Corp.'s...
 

Judge Permits Suit Alleging Geico Overcharged Drivers During Pandemic

The auto insurer Geico Corp., a unit of Warren Buffett's Berkshire Hathaway Inc., must face a proposed class action claiming it...
 

Top Business Risks for 2021: Pandemic-Related Business Interruption, Cyber

There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders...
 

How to Fix Your Remote Onboarding Process

For many organizations, it's been a year of operating remotely. As employees and managers have worked to overcome the...
 
More National News »
 
 
 
adv
 
Some things work better together!
 
Work with WSIA members, and they'll deliver custom solutions for nonstandard risk.
 
Find a member
 
Wholesale & Specialty Insurance Association
 
 
 
 

East

 

Construction Worker Killed in Massachusetts When Garage Stairwell Collapses

One construction worker was killed and a second was critically injured in Cambridge, Massachusetts, on Wednesday morning when a section...
 

Risk Strategies Appoints Levy as Chief Operating Officer

Risk Strategies, a national specialty insurance brokerage and risk management firm, has appointed Eric Levy as chief operating officer...
 

Professional Insurance Agents of Connecticut Elects Rabbett as President

The Professional Insurance Agents of Connecticut (PIACT) elected Shannon Rabbett, of Windsor, Connecticut, as president at the...
 
More East News »
 
 
 
adv
 
State of the Market
 
Our report provides industry intelligence and expert insights on key segments of the property, casualty and professional lines insurance marketplace.
 
Read More
 
AmWINS Group, Inc.
 
 
 
 

Midwest

 

Detroit Mayor Turning Down J&J Vaccine over Others

Detroit has down 6,200 doses of the newly authorized Johnson & Johnson coronavirus vaccine, favoring shots from Pfizer and Moderna, but...
 

Illinois Specialty Insurer, RLI, Makes Leadership Promotions, Changes

Peoria, Illinois-based specialty insurer serving niche property, casualty and surety markets, RLI Corp., has promoted or named several...
 

50 People Sue City in Wisconsin Over Protest Response

Fifty people are suing a Wisconsin city over the way it handled protests last fall after authorities announced that a police officer...
 

PFAS Manufacturers Sued by Wisconsin City Over Pollution

The city of La Crosse, Wisconsin, has filed a lawsuit against a host of chemical manufacturers that produced firefighting foam linked to...
 
More Midwest News »
 
 
 
adv
 
Understanding Business Income
 
Business income coverage is arguably one of the most important coverages your commercial clients should have. Get THE book on the subject.
 
Get the Book
 
Insurance Journal's Academy of Insurance
 
 
 
 

Southeast

 

Kentucky Flooding Worst in Decades; Governor Tours Damage

Gov. Andy Beshear reiterated his promise to seek federal disaster relief on Friday while touring several flooded counties in Eastern...
 

West Virginia Loosens Virus Restrictions on Bars, Most Businesses

West Virginia Gov. Jim Justice ordered to loosen pandemic restrictions on Friday at restaurants, bars and most businesses to allow full...
 

Marsh Appoints Aon's Bryant as U.S. Public Entity Industry Practice Leader

Marsh has added Kevin Bryant to lead its National Public Entity Industry Practice. In this role, Bryant will work with state and local...
 

Coal Company Blackjewel Ordered to Clean Up Kentucky Mine Site

Bankrupt coal company Blackjewel was ordered by a federal judge last month to clean up a Kentucky mine site. In a bankruptcy court...
 
More Southeast News »
 
 
 
adv
 
7 New Classes Announced!
 
March webinars are now live for the Academy of Insurance. March offerings include workers' comp, E&O, and our ever-popular Master classes.
 
See Whole Lineup
 
Academy of Insurance
 
 
 
 

South Central

 

Appalachian Underwriters Insurance Pros in Dallas Step Up During Winter Storm

In mid-February, when a severe cold front came down from the North Pole and swept across the nation and record snowfall and low...
 

Porch Group to Acquire Texas MGA/Insurer, Homeowners of America

The Porch Group, a software platform focused on home services companies, is acquiring Irving, Texas-based managing general agent and...
 

Natural Gas Explosion Near Houston Inures Several Workers

Seven people were injured in a natural gas explosion near Houston, including one person who was flown to a hospital for treatment,...
 

Oklahoma House Passes Computer Data Privacy Act

Concerned about data privacy and data manipulation, the Oklahoma House of Representatives has passed an opt-in data privacy bill with a...
 

AccuWeather Raises Texas Damage, Loss Estimate from Winter Storm to $130B

Damage costs and economic losses from the intense winter storm that hit the country in mid-February may rise to as much as $130 billion...
 

Louisiana AG Backs $100M Deal in Freeport McMoRan Coastal Damage Suit

Attorney General Jeff Landry has said he's backing a $100 million settlement between a dozen coastal parishes and mining corporation...
 
More South Central News »
 
 

West

 

M.J. Hall & Co. Expands Admitted Cannabis Insurance Product into Arizona

M.J. Hall & Co. has introduced an admitted cannabis insurance product in Arizona. March 8 is the effective date for the Cannabis...
 

Investment Firm KKR Acquiring California's Integrated Specialty Coverages

Global investment firm KKR is acquiring a majority interest in Integrated Specialty Coverages (ISC) Carlsbad, Calif.-based multi-line...
 

Fired Arizona Aide Seeks $500K in Harassment Case

An aide who was fired by Republican state Sen. Wendy Rogers on Wednesday filed a $500,000 claim against the state for wrongful...
 

Washington Restaurant Paying $600K To Settle Suit

The Willows Inn, a nationally acclaimed restaurant on Lummi Island in Washington that has been accused of underpaying its employees, has...
 

Crest Insurance Group in Arizona Adds Hay, IBG

Crest Insurance Group LLC of Scottsdale, Ariz. has acquired IBG LLC and added Craig Hay. Terms of the deal were not disclosed. Hay will...
 

Insurance Office of America Adds Hardin in Colorado

Insurance Office of America has added Chris Hardin to its Mountain West team. Hardin joins the Denver, Colo., branch location as a...
 
More West News »
 
 

International & Reinsurance

 

Credit Suisse Knew Frozen Greensill Funds' Insurance Cover Relied on One Insurer: Report

Long before Credit Suisse Group AG was forced to wind down a $10 billion group of funds it ran with financier Lex Greensill, there were...
 

Greensill Capital Files for UK Insolvency After Losing Investor Funding, Insurance Cover

LONDON - Greensill Capital filed for insolvency on Monday, its administrators said, days after losing investor funding and insurance...
 

Irish Judges Back Guidelines for Personal Injury Awards to Cut Insurance, Legal Costs

DUBLIN - Ireland's judges voted on Saturday to adopt new guidelines for personal injury claims that aim to reduce the size of awards for...
 

Sinkholes Emerge After Croatia's Deadly Earthquake in December

MECENCANI, Croatia - After the deadly earthquake came the sinkholes. A central Croatian region about 40 kilometers (25 miles) southwest...
 

Howden Broking Buys Independent Superyacht Broker Sturge Taylor

Howden Broking announced that it has acquired independent superyacht insurance broker Sturge Taylor & Associates (STA Group). STA Group...
 

Swiss Re Forms Strategic Partnership with Satellite Operator and Flood Monitor, ICEYE

Swiss Re has entered into a strategic partnership with ICEYE, a commercial satellite operator and satellite-based flood monitoring...
 
More International & Reinsurance News »
 
 
 
adv
 
History of Professional Lines Insurance
 
This book is your chance to sit down at a relaxing dinner with Larry Goanos and listen to him, and about 400 of his peers, friends, and rivals spin a few yarns.
 
Buy from Amazon
 
Academy of Insurance
 
 
 
 

Research and Webinars

 
adv

2021 In View: What to Expect as the Industry Transitions to the New Realities of a Post-COVID-19 World

As the insurance industry rebounds from a tumultuous 2020, we will see swift changes across a number of critical areas. In this...
 
adv

Broker Success Checklist

P&C brokers, are you helping your clients navigate their critical areas of risk? Businesses choose to work with brokers that...
 
adv

How Has COVID-19 Impacted Workers' Compensation

As a retail broker, you have likely addressed some tough pandemic-related questions from your business clients – from...
 
adv

The SEO Guidebook for Insurance Agents

Have you thought about how your insurance agency can be found online? Consumers have been turning to the internet to shop for...
 
adv

Getting the Most Out of Your Agency Data

To succeed and grow in a digital-first world, insurance agencies need to know and use the data in their technology. Agencies...
 
More research and webinars »
 
 

Insurance Journal TV

 
adv

EP. 19: Cannabis SPACs Are Hot, but Insuring Them is Pricey and Complex

Business news has been ablaze with cannabis SPACs. Special purpose acquisition corporations,...
 
adv

Diversity, Resilience, Innovation: Altmaier's NAIC Priorities for 2021

Florida insurance chief David Altmaier has a busy year ahead, and it won't just include...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Call Center Agent Looking for Advice

Posted: Thu Mar 4 -- The call center routine can become a grind. I would suggest that you look at independent agency opportunities in and around your area and... BMacAttack
 
Go To Forums »
 
 

Reader Comments

 

Florida Lawmakers Unveil $100M Plan to Tackle Climate Change, Sea Rise

Posted: Mon Mar 1 -- Certainly the Florida legislature will also enact laws to ban and further development along the coast..........NOT! Placement GURU
 

Climate Change Activists 'Welcome' AIG CEO Zaffino; EU Urges More Insurance

Posted: Thu Mar 4 -- Please prove this statement: "Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic." Do you mean... Tiger88
 

Most of Texas Deep Freeze $90 Billion in Losses Avoidable, Modeler Says

Posted: Mon Mar 1 -- Agreed. Fingers are pointing at ERCOT, TPUC, and wherever else, but ultimately, the blame seems to reside at the Legislature. Quotes from an... John Dough
 

Mass. Court Says Injured Worker Can't Charge Insurer for Medical Marijuana Expenses

Posted: Mon Mar 1 -- While I personally believe if a doctor prescribes you medical marijuana (legal in your home state) as a result of a W/C injury, you should... Rosenblatt
 

Ohio Contractor Cited After 14-Year-Old Badly Injured in Fall from Roof

Posted: Wed Mar 3 -- What kind of companies allow 14 year olds to work on roofs??? Yuri Dumas
 
Go To Popular Comments »
 
 
 
Contact us | Subscribe | Send to a Friend
 
This email was sent to [email protected].
 
Don't want this anymore? Update your subscription or unsubscribe from all lists.
 
Insurance Journal
3570 Camino del Rio North, Suite 100
San Diego, CA 92108
(800) 897-9965
Insurance Journal | Claims Journal | MyNewMarkets | Academy Of Insurance | Carrier Management