Insurance Journal
 
 

Today's Headlines

 
October 26, 2020
 
Today's Headline Sponsor: Wholesale & Specialty Insurance Association (WSIA)
 
 
 
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
 
 
 
 

National

 

Business Interruption Cyber Risks Demand More Insurer Attention as 5G Dawns

Business interruption cyber risks demand more attention from insurers as globalization continues to worsen their impact, a panel of...
 

Amazon Injuries Could Spark Higher Workers' Comp Rates for Fulfillment Centers

Injuries in Amazon.com Inc. warehouses could damage more than just the company's reputation. They could start to hurt the e-commerce...
 

Insureds After COVID Premium Cuts Must Ask State Regulator First, Judge Rules

A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a small business customer because of...
 

Scientists Identify Nuclear Plants Facing Highest Risks From Earthquakes

The U.S. nuclear power reactors facing the highest risks of a meltdown from earthquakes are not in tremor-prone California, but states...
 

Remote Workforce to Double in 2021 Due to Improved Productivity: CIO Survey

The percentage of workers around the world that is permanently working from home is expected to double in 2021 as productivity has...
 

McDonald's Seeks Dismissal of Racial Bias Claims by Black Former Franchise Owners

McDonald's Corp. on Friday urged a U.S. judge to dismiss a lawsuit by dozens of Black former franchise owners who accused the fast-food...
 

W.R. Berkley Says Rate Increases Averaging 14.5% Contributed to Solid 3Q Results

W.R. Berkley Corp.'s 2020 third-quarter financial results landed on the strong side despite a dip in net income and more COVID-19 losses,...
 

Hotel Sector Falls on Tough Times as Insurance Rates Rise

The hotel industry was one of the first industries affected when COVID-19 forced the travel industry into standstill, and many predict it...
 

Business Interruption Cyber Risks Demand More Insurer Attention: ITC Global Discussion

Business interruption cyber risks demand more attention from insurers as globalization continues to worsen their impact,...
 
More National News »
 
 
 
Advertisement
 
adv.
 
 
 
Learn More
 
 
 

East

 

Virginia State Officials Lay Out Plan to Address Rising Seas

Virginia state officials have laid out a plan to protect the state's coastal communities from sea-level rise that could inundate land and...
 

Rhode Island Fines, Closes Four Bars Over Alleged COVID Violations

Rhode Island has fined and temporarily shut down four more bars over alleged violations of state rules meant to control the spread of the...
 

Connecticut AG Wants Reimbursements for Poor Response to Power Outage

Connecticut's attorney general asked regulators Wednesday to order reimbursements for utility customers who lost food and medicine during...
 
More East News »
 
 
 
Advertisement
 
adv
 
We've studied risk for over 30 years
 
Our Advanced Risk Analytics prepared your business improving decisions and business outcomes. See how RMS helps customers outperform.
 
Start Today
 
 
 

Midwest

 

Insureds After COVID Premium Cuts Must Ask State Regulator First, Judge Rules

A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a small business customer because of...
 

Zurich North America Connects Its Attorneys With Pro Bono Needs in Illinois

Insurer Zurich North America is collaborating with the digital legal company Paladin to connect Zurich's attorneys with pro bono service...
 

Gunn Named Illinois Young Agent of the Year

Nick Gunn of Groveland, Ill., has named Young Agent of the Year by the Independent Insurance Agents of Illinois (IIA of IL). Gunn was...
 

Black Man Shot by Iowa Police Settles Suit for $400K

A Black man who was shot by police outside an Iowa nightclub five years ago and alleged he was singled out because of his race has agreed...
 
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

 

Scientists Identify Nuclear Plants Facing Highest Risks From Earthquakes

The U.S. nuclear power reactors facing the highest risks of a meltdown from earthquakes are not in tremor-prone California, but states...
 

Graceland Expansion Lawsuit Against City of Memphis Dismissed

A federal judge has dismissed a lawsuit filed by Elvis Presley Enterprises against the city of Memphis over a delay in approval for...
 

Blaze Rips Through North Georgia Lumber Business

A massive fire that started Thursday at a north Georgia lumber facility was expected to take days to burn itself out. North Georgia...
 

Scott Benefit Services Expands Senior Living Practice in Southeast

Scott Benefit Services, a division of Scott Insurance, will expand its Senior Living Practice into additional markets in the Southeast...
 
More Southeast News »
 
 

South Central

 

AccuRisk Solutions, Convex Expand Occupational Insurance Options for Texas Nonsubscribers

AccuRisk Solutions has teamed up with Convex Group Limited (Convex) to offer occupational accident and employer's liability coverage to...
 

Texas' Fairly Group Offering COVID-19 Insurance for College Sports Programs

Amarillo, Texas-based Fairly Group and its sister-company OccuNet have unveiled an insurance product that covers medical expenses for...
 

3.2-Magnitude Quake Shakes Area on Oklahoma-Kansas Border

A magnitude 3.2 earthquake shook an area on the Kansas-Oklahoma line on Oct. 22, the U.S. Geological Survey reported. The tremor struck...
 
More South Central News »
 
 

West

 

Amazon Injuries Could Spark Higher Workers' Comp Rates for Fulfillment Centers

Injuries in Amazon.com Inc. warehouses could damage more than just the company's reputation. They could start to hurt the e-commerce...
 

Power Outages in California as Winds Boost Fire Danger

Large swaths of California had no electricity Monday as utilities tried to prevent the chance of their equipment sparking wildfires while...
 

Oregon Contractor Fined for Multiple Job Safety Violations

Oregon OSHA has fined a general contractor in Roseburg more than $38,000 for multiple serious job safety violations, including repeatedly...
 

Some Alaskans Beyond Danger Received Tsunami Warning

Some Alaska residents received tsunami warnings on their cellphones following an earthquake earlier this week, including customers in the...
 

Wrongful Death Suit Filed in California Over Woman Who Died After Ingesting Marijuana

The law firm CaseyGerry has filed a lawsuit in San Diego Superior Court on behalf of the parents of Le'Sharia Bre'Aun Steele, a 28-year...
 

Report: Few Virus Cases in Working Age Californians Result in Comp Claims

Only one-in-14 COVID-19 cases involving working-age Californians from May through September of 2020 has been claimed as a job injury,...
 
More West News »
 
 
 
adv
 
California Dwelling Fire (DP-1 & DP-3)
 
We offer Dwelling Fire coverage for Owner-Occupied, Tenant-Occupied, Seasonal, and Vacant Properties.
 
Learn More
 
Pacific Specialty Insurance Company
 
 
 
 

International

 

More Companies Turn to Captives as Rates Rise, Terms & Conditions Tighten

Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic,...
 

BP Evacuates Staff from 4 Gulf of Mexico Oil Platforms as Tropical Storm Zeta Intensifies

BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities as Tropical Storm Zeta...
 

Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content

Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and illegal...
 

Investors Shrug Off U.S. Concerns as China's Ant Group Nears $34.4 Billion IPO

Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion from the world's...
 

Canada's Brookfield Business Partners to Buy Remainder of Insurer Genworth for $1.2B

Genworth MI Canada said on Monday real estate service provider Brookfield Business Partners will buy the remaining 43% stake it does not...
 

Mining Giants BHP, Vale Accused of Colluding to Cut Payouts to Victims of Dam Collapse

Brazilian federal prosecutors have accused mining giants BHP and Vale of colluding with a lawyer to reduce compensation for victims of a...
 

Australia's Westpac Takes A$1.2B Charge Against Q2 Earnings for Laundering, Refunds

Westpac Banking Corp. has taken a A$1.2 billion ($871 million) charge against second-half earnings to cover a record money-laundering...
 

Coverys European Holdings Acquires Bridge Insurance Broker in Italy

Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of...
 
More International News »
 
 
 
adv
 
Business Income Insurance Demystified
 
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
 
 
 
 
 
 
 
More Sponsor Content »
 
Submit your article. Find out how. »
 
 

Insurance Journal Blogs and Columns

 

ISO Business Auto Form and Endorsement Revisions

Effective November 1, 2020, Insurance Services Office (ISO) is introducing 19 new endorsements for its business auto program. Many of...
 
More Blogs »
 
 

Research and Webinars

 
adv

Expert Roundtable: Why going digital is more than a buzz word

Featuring Agency Revolution, First Choice Agents Alliance & United Western Ins. Brokers: Modernizing to provide a client...
 
adv

Discover All the Inherent Risks of a High Net Worth Individual

High net worth individuals and their families --- those with liquid assets of more than $1 million -- have an extensive variety...
 
adv

OSHA Top 10 eBook

Brokers, help your insureds avoid the most frequently cited violations. OSHA citations. They're rampant, they hide in plain...
 
adv

Risk Management Checklist for P&C Brokerages

Businesses choose to work with companies that make them smarter, protect them from risk, and generally, make life easier. Does...
 
More research and webinars »
 
 

Insurance Journal TV

 
adv

EP. 11: Where Are All the Cannabis Lawsuits?

Remember the infamous McDonald's hot coffee lawsuit from the 1990s? If blazing java on a...
 
adv

Increasing Diversity All About Dollars... And Sense

George Woods, a senior exec with Guy Carpenter, is an intriguing guest. He's knowledgeable...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Aggregators

Posted: Mon Oct 26 -- We've been with ASNOA for ~6 years and have been very happy with them. Mikerob7
 

How can a new agent obtain appointments?

Posted: Mon Oct 26 -- Joining an aggregator such as ASNOA is a good option. You do give up some of your commissions but in turn, you're receiving many more... Mikerob7
 

Workers comp ghost policy

Posted: Mon Oct 26 -- BTIS & NCCI are the only options I've seen for a ghost policy Mikerob7
 
Go To Forums »
 
 

Reader Comments

 

Election Security: Retailers Board Up Stores Amid Fears Over More Civil Unrest

Posted: Wed Oct 21 -- RIOTS....IT'S RIOTS! Jack
 

California Pledges to Protect Homeowners from Insurer Withdrawals Due to Wildfires

Posted: Tue Oct 20 -- The commissioner can take three actions to improve the market. The first action is to allow markets to properly price the market quickly so... Observor
 

CDC Issues 'Strong Recommendation' for Mask-Wearing by All in Travel Settings

Posted: Tue Oct 20 -- I don't see why a NATIONAL health issue should not have a consistent NATIONAL response. It takes leadership to make the hard decisions, even... Caldude
 

Insurer to Appeal Restaurants' Win in North Carolina COVID Business Interruption Case

Posted: Fri Oct 23 -- A bad decision from a local trial court judge running for re-election. If you read the decision, you can see commentary from the judge that... Bill
 

Applied Underwriters Sues California Over 'Bad Faith' Insurer Conservatorship Plan

Posted: Wed Oct 21 -- This case is interesting although I do not know the details beyond the article. It appears that the company is financially sound and the... Observor
 
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