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August 5, 2021
 
Today's Headline Sponsor: The Hanover Insurance Group
 
 
 
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National

 

Many InsurTechs Go Under Quietly While Others Ride Funding Wave

While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for the...
 

Ratings Firm Moody's to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion

Moody's Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately...
 

Kaseya Ransomware Attack Triggers Race to Hack Other Managed Services Providers

A ransomware attack in July that paralyzed as many as 1,500 organizations by compromising tech-management software from a company called...
 

Judge Says LinkedIn Must Face Lawsuit Claiming It Overcharged Advertisers

A U.S. judge said Microsoft Corp.'s LinkedIn must face a lawsuit claiming it inflated the number of people who watched video ads on the...
 

Submit Your 'Best' Tip for Sales, Marketing & Agency Management

Want to be a part of Insurance Journal's 101 Ideas issue? Submit your best tip or advice for agency owners and their staff today to be a...
 

Mexico Seeks $10 Billion in Damages in Liability Suit Against U.S. Gun Makers

Mexico sued several gun makers in a U.S. federal court on Wednesday, accusing them of reckless business practices that supply what it...
 

Atlantic Hurricane Forecast Still Calls for an Above-Average Season

Conditions remain in line for the current Atlantic hurricane season to be an above-average one, according to the mid-season update by...
 

Insuring Cyber Podcast: How Insurtechs Are Helping Insurers Bridge the Digital Divide

As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how insurtechs can step in and...
 

The Hanover Enhances Product Suites for Lawyers, Healthcare Facilities

The Hanover Insurance Group Inc. said it has enhanced its product suites for lawyers and healthcare facilities.The Hanover Lawyers...
 

7 Emerging Risks to Watch: Climate Change, Pollutants, Cyber Threats

Even the most vigilant insurers and reinsurers scanning the risk landscape for potential future liability problems are...
 
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Latest EPLI Trends
 
Discover the 5 trending EPLI claims and how you can help your clients prevent them.
 
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Featured Events

 
IASA Xchange™ and OnPOINT

IASA Xchange™ Hybrid Conference

August 29 / New Orleans, LA & Virtual
 
 
 

East

 

University of Vermont Health Network Reveals Cause of 2020 Cyberattack

A cyberattack that crippled the computer systems of a hospital network affecting six hospitals in Vermont and New York last fall happened...
 

Forecasters Confirm Nine Tornadoes in Pennsylvania, New Jersey

The National Weather Service has confirmed a ninth tornado that struck during storms last week in Pennsylvania and New Jersey....
 

New England Flash Flooding Leads to Home Rescues, Washed Out Roads

Heavy, continuous rain in parts of northern New England led to flash flooding, washed out roads and a few home rescues, authorities said....
 
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Midwest

 

People Moves: Miller Named Partner at Kapnick Insurance; Betts Joins Great American's Dempsey & Siders Insurance

Kapnick Insurance Douglas Miller is now a partner at Ann Arbor, Michigan-based Kapnick Insurance. Miller is an experienced advisory...
 

Disaster Emergency Declared for Detroit Suburbs After July Storms

Michigan Gov. Gretchen Whitmer has declared a state of emergency for three suburban Detroit cities after they requested state aide for...
 

Worker Crushed to Death in Accident at Nebraska Poultry Operation

A man has been killed at a poultry operation near the village of Lindsay in northeastern Nebraska, officials there said. Madison County...
 
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Southeast

 

Georgia Fire to 81-Year-Old Property Ruled Arson

Georgia Insurance and Safety Fire Commissioner John F. King announced that a Putnam County fire was intentionally set and has been ruled...
 

Georgia Sheriff Faces Additional Charge of Violating Civil Rights at Clayton County Jail

An Atlanta-area sheriff is facing an additional charge in a federal prosecution accusing him of violating the civil rights of people in...
 

Two Louisiana Parishes May Be Eligible for Federal Aid From Tropical Storm Damage

Farmers in two south Louisiana parishes who lost property during extreme weather in April through June may be eligible for federal aid,...
 
More Southeast News »
 
 

Insurance Jobs

 

Inside Sales Rep, Personal Lines - MAPFRE Insurance - Full time remote

 

P&C Insurance Product Analyst - MAPFRE Insurance - Webster, MA or Seattle, WA Area

 

Client Engagement Manager - Praedicat - New York, NY

 

Business Account Specialist - Quadrant Information Services - Remote (Austin, TX area required)

 

Head of Call Center - A-MAX Auto Insurance - Dallas, TX

 
 
 

South Central

 

New Agency, Emergent Insurance Solutions, Launched in Texas

Doug Phenix, founder of Texas Printers Insurance Agency (TPIA), is now leading a newly established agency, Emergent Insurance Solutions...
 

Alliant Acquires Benefit Concepts in Texas

Alliant Insurance Services acquired group and individual benefits agency, Houston-based Benefit Concepts Inc. (BCI). Founded in 1983, BCI...
 

Oklahoma City Landlords Settle Federal Sex Harassment Claims for $1.25M

Federal officials and several Oklahoma City-based landlords have reached an agreement to settle claims of sexual harassment of their...
 

2 Louisiana Parishes Designated Agriculture Natural Disaster Areas

Farmers in two south Louisiana parishes who lost property during extreme weather in April through June may be eligible for federal aid,...
 
More South Central News »
 
 

West

 

U.S. West Consumer Survey: 4-in-10 Policyholders Don't Talk to Insurer About Wildfire Risks

Most residents of the wildfire-plagued Western U.S. believe in mitigation efforts, but fewer are actually taking such steps - while more...
 

Wildfire Destroys Much of California Gold Rush Town

A wind-driven wildfire tore through a Northern California mountain town, leaving much of the downtown in ashes as crews braced for...
 

California City Paying $1M to Family of Man Killed by Police

The Southern California city of Fontana has agreed to pay $1 million to the parents of an unarmed man who police shot to death in...
 

California Workers' Comp Written Premium Down 13%, Report Shows

California workers' compensation written premium for the first quarter of 2021 was 13% below that for the first quarter of 2020,...
 

reThought in Colorado Raises $15.5M in Series A Funds

Broomfield, Colo.-based managing general agent reThought Insurance announced the completion of a $15.5 million Series A investment round...
 
More West News »
 
 

International & Reinsurance

 

While Aon and Willis Were Focused on Merger, Marsh Attracted Producer Talent

While Aon and Willis Towers Watson were trying for many months to land their merger, their competitors were able lure away some of their...
 

Ratings Firm Moody's to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion

Moody's Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately...
 

This Summer's Extreme Weather Hitting World's Wealthier Countries

As the world staggers through another summer of extreme weather, experts are noticing something different: 2021's onslaught is hitting...
 

London Is Struggling to Lure Back Workers, Says CEO of Legal & General

The head of one of the UK's largest insurers and investors warned that the City of London is struggling far more than the country's other...
 

Naspers Invests in Online Insurer Naked as Part of South African Investment Push

Naspers Ltd. is backing online insurance company Naked as part of a commitment to invest almost $100 million in tech startups in its home...
 

People Moves: Fidelis Names Mathias as Director of Underwriting, Murfet as CRO; OneGlobal Hires BMS' Bowring for Energy Casualty, Bermuda

This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal in Bermuda. A...
 

U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway

A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center in...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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What's Next for the P&C Industry in 2021?

The 2021 P&C Market Outlook Executive Summary provides agents with a valuable breakdown of the price predictions for...
 
research

Is your agency using predictive analytics to anticipate client needs?

Data and analytics are transforming the insurance industry, and independent agencies have the perfect opportunity to transform...
 
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

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

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. 19 : State, Federal Regulatory Enforcement a Focus as Cyber Crime Grows

As ransomware attacks are on the rise and cyber risks continue to mount, experts say there has...
 
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Cal/OSHA Cautions California Employers to Protect Workers from Wildfire Smoke

Cal/OSHA is cautioning California employers to be prepared to protect workers from unhealthy...
 
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