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Today's Headlines

 
November 29, 2021
 
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National

 

Memo Cites Lessons from Ransomware Payments by CNA, JBS and Colonial Pipeline

In March 2021, CNA Financial Corp., one of the country's largest insurance companies, suffered a ransomware attack from a cybercriminal...
 

U.S. Unlikely to Impose Further Restrictions Due to Omicron COVID Variant, Says Fauci

The United States is unlikely to impose further restrictions amid the anticipated arrival of the Omicron COVID-19 variant, the nation's...
 

Allstate Inks $232M Deal to Sell Most of Campus in Illinois

The Allstate Corp. announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook,...
 

Collecting $26M Award From White Nationalists May Be Challenging

Nine people who sued white nationalist leaders and organizations over the violence at a deadly rally in Charlottesville in 2017 won a $26...
 

Travelers Weigh Canceling, Delaying Trips as Countries Tighten Rules on Omicron Fears

SYDNEY/SINGAPORE - Some would-be travelers are considering canceling or delaying trip plans in response to fresh curbs prompted by the...
 

Insurtech Startup Kettle Raises $25M to Expand Wildfire Reinsurance Protection

Kettle, the San Francisco-based reinsurance startup that uses artificial intelligence to better protect people from the growing wildfire...
 

USDA: New Insurance Policy Will Help Farmers Who Sell Locally

The U.S. Department of Agriculture (USDA) is rolling out a new insurance option specifically for agricultural producers with small farms...
 

Sponsored: How Insurers Can Better Prepare for Wildfire

Nine of the 20 largest wildfires in California have occurred since 2020, including four so far in 2021. Five of the 19 largest wildfires in Oregon and three ...
 

Underwriting Management: The Core System You've Been Missing

When we say "core systems" in our industry, we are typically referring to the critical software applications that are...
 
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East

 

Fire Causes Estimated $50K in Damage at Delaware Restaurant

Fire officials in Delaware are investigating a fire that damaged a restaurant in Newark. The Delaware State Fire Marshal's Office is...
 

Massachusetts Lawmakers Weigh New Regulations for Autocycles

Proposed regulations of autocycles will be on the schedule when Massachusetts state lawmakers hold a virtual public hearing Tuesday. An...
 

Maryland Attorney General Sues Monsanto, Alleges Harm to Natural Resources

Maryland's attorney general filed a lawsuit Tuesday against chemical company Monsanto and two spinoffs, alleging that chemicals Monsanto...
 
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New Cyber Liability Report
 
Get the latest report on social engineering scams, malware, web application attacks, denial of service, and botnets from AmTrust Financial.
 
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Midwest

 

Marijuana Testing Lab Sues Michigan Over Major Product Recall

A marijuana testing lab filed a lawsuit against Michigan regulators after a major product recall and allegations of unreliable...
 

Illinois Hospital to Pay $150,000 Over Disability Discrimination Lawsuit

The former owner of West Suburban Medical Center, an Oak Park, Illinois hospital will pay $150,000 to settle a disability discrimination...
 

NFL Owner to Pay $750 Million over Rams' St. Louis Departure

The NFL and Rams owner Stan Kroenke will pay $790 million to settle a lawsuit filed by St. Louis interests over the team's relocation to...
 

Wisconsin Insurance Commissioner Stepping Down

Wisconsin Insurance Commissioner Mark Afable is stepping down next month, Gov. Tony Evers said. Evers appointed Afable to the post in...
 
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Insurance Jobs

 

Director of Product Innovation and Delivery - Arbitration Forums, Inc. - Remote or Tampa, FL

 

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

 

Commercial Auto Claims Adjuster - American Claims Management - Remote

 

Sales/Marketing Professional - Atlantic Mutual Insurance - Ft. Lauderdale, Florida

 

Sales & Marketing Coordinator - Wells Media Group - Remote - Central Time Zone

 
 
 

Southeast

 

When Is Employer Immune from Tort Claims? Florida High Court Could Review

One of the largest utility companies in Florida may, after all, be shielded from tort claims by the grand bargain of workers'...
 

Florida Appeals Court Dismisses Lawyer's Complaint Against CFO in Rubin Saga

Florida's top financial and insurance regulator may have landed in the middle of a political mess, but he and other state officials were...
 

Florida Lawmaker Holds Town Hall Meetings on Insurance Crisis

In a sign that Florida's property insurance problems continue to be a hot-button issue, a Florida state representative will hold town...
 

Alabama DOI Relaxing Rate Filing Requirements on Flood Insurance

In an effort to increase the number of flood insurance policies in the state, the Alabama Department of Insurance is relaxing...
 

Florida Bill Would Extend COVID Liability Protection for Health Workers

A Florida Senate committee has drafted a bill that would extend health care providers' COVID-19 liability protection for another 14...
 

Universal Raises $100M for Future Growth

Universal Holdings, parent company of Universal Property and Casualty Insurance Co., Florida's largest private P&C carrier, announced it...
 
More Southeast News »
 
 

South Central

 

Oklahoma High Court Rules National American Off Hook in Earthquake Lawsuits

The Oklahoma Supreme Court ruled last week that an earth-movement exclusion precludes insurance coverage for an oil and gas company...
 

Ship Master Spent 50 Hours Sleepless Before Crash off Louisiana

An oil tanker hit an offshore oil platform at night off Louisiana because its Turkish operating company didn't give the ship's master...
 
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West

 

California Turning Down Most Fracking Permits Ahead of 2024 Ban

California regulators haven't approved permits for the controversial oil and gas extraction process known as fracking since February,...
 

Toxic Cables to be Removed from Lake Tahoe Under Settlement with AT&T's Pac Bell

AT&T's Pac Bell subsidiary has settled a lawsuit conservationists filed under a U.S. law more typically cited in Superfund cases,...
 

Lawsuit Says Dairy Company is Misrepresenting Hawaii Links

A food distributor in Hawaii has filed a federal lawsuit against a dairy company because milk from the mainland is allegedly being sold...
 

Organized Fraud Ring in California Sentenced for 15 Staged Collisions

Los Angeles, California residents Victor Valle-Diaz, 55, Eduardo Retana, 25, and Ausencio Gomez, 46, were sentenced to serve in state...
 

People Moves: Lemonade Names Burgess Chief Claims Officer; Newfront in California Adds Naranjo

Lemonade named Sean Burgess chief claims officer. Burgess will oversee the company's key claims functions across the U.S. and EU. Burgess...
 
More West News »
 
 

International & Reinsurance

 

Activist Group Calls on Insurers to Sue Oil Companies for Climate Damages

FRANKFURT - A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related damages,...
 

As COVID Spread, European P/C Insurers Took Hits but Remained Resilient: AM Best

European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory...
 

Travelers Weigh Canceling, Delaying Trips as Countries Tighten Rules on Omicron Fears

SYDNEY/SINGAPORE - Some would-be travelers are considering canceling or delaying trip plans in response to fresh curbs prompted by the...
 

Definity Financial's CEO Plots Acquisitions After Insurer's Canadian IPO

Definity Financial Corp., the 150-year-old insurer that held its initial public offering [on Nov. 17], will look to use its newfound...
 

Moody's Analytics Launches Asset-Liability Management Tool for Insurance Investment

Moody's Analytics has launched an asset-liability management (ALM) solution for insurance companies called of RiskIntegrity™...
 

Chubb Promotes Rayan and Edey for Consumer Lines Distribution and Financial Lines, Respectively; Hiscox Hires Hartford's Pearsall as Line U/W for D&O

This edition of International People Moves, covers two promotions at Chubb and a new hire at Hiscox. A summary of these appointments...
 

Flood-Stricken British Columbia Weighs Cost of Climate-Proofing Infrastructure

CALGARY, Alberta - Flood-stricken British Columbia is considering major upgrades to its highway network to make it more resilient to...
 
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Insurance Journal Blogs and Columns

 

Unusual Weather We're Having, Ain't It?

A scene in The Wizard of Oz finds Dorothy, the Cowardly Lion and Scarecrow in a poppy meadow with snow coming down. The Cowardly Lion...
 
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Research and Webinars

 
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Business critical coverage for silent cyber exposure.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
research

Understanding the uninsured: Five opportunities for promising growth.

The protection gap is found anywhere your customer is exposed to a risk that they could insure against but do not. This is a...
 
research

AmTrust 2021 Contractor Risk Report

The AmTrust 2021 Contractor Risk Report provides insights into the unique risks artisan contractors face, along with tips to...
 
research

Influence Restoration Services for Better Results

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals. Insurance providers need a...
 
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Tapping Into the Growing Home Based Business Market

The world has changed. Work has changed. Growing numbers of people are stepping away from corporate America and setting up home...
 
More research and webinars »
 
 

Insurance Journal TV

 
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People, Products, Relationships & More: Amwins' President James Drinkwater

People, products, relationships, and clients. Those are the areas that Amwins Group focuses on...
 
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Lexington's Levinson on Why E&S Is More Relevant Now Than Ever

When Lou Levinson became president and CEO of Lexington Insurance in late 2018, he knew the...
 
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