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August 2, 2022
 
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National

 

Gallagher Sues Alliant Again for Alleged 'Corporate Raid' of Employees

Broker Arthur J. Gallagher filed another poaching lawsuit against Alliant Insurance Services, alleging Alliant is "presently engaged in a...
 

Boy Scouts Ruling Threatens $250 Million Abuse Deal With Mormons

The Boy Scouts of America may be forced to cut $250 million from its proposal to set up a trust fund for sex abuse victims after a judge...
 

Viewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict

Plaintiffs' California dreamin' became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after an...
 

Sandy Hook Families Cast Wary Eye on New Infowars Bankruptcy

Families of Sandy Hook school shooting victims have quickly raised the alarm over the latest legal maneuver from far-right radio show...
 

Markets/Coverages: Sayata Adds CFC to Platform; Cowbell Cyber Partners With Amwins

Boston-based Sayata said it has added CFC to the Sayata platform, offering brokers full access to CFC's award-winning cyber insurance...
 

Hartford, CNA Post Drops in Q2 Net Income

Second quarter earnings at The Hartford fell to $437 million - about 51% less than the same period a year ago. Hartford said it booked a...
 

Who Needs Earthquake Coverage and Why

Natural disasters are events that create fear. When you add the flavor of how these events are reported, the fear is ratcheted up...
 

Do Truck Drivers Need CGL Coverage?

During my 17-year stint at the Big “I” national association, I received tens of thousands of coverage questions from member agents. One...
 

Viewpoint: Don't Leave a Legacy of Legacy Systems

Insurers are not typically thought of as disruptors. You know, the ones anticipating change, willing to ride the waves,...
 
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East

 

Maryland's Wage Law Can Cover Travel Required by Employer, Court Finds

Maryland's wage and hour law may extend beyond the time an employee spends at a prescribed workspace to include time spent getting to the...
 

Pennsylvania Store Chain Wawa to Pay $8M Over 2019 Payment Cards Breach

A Pennsylvania-based convenience store chain will pay $8 million to several states over a 2019 data breach that involved some 34 million...
 

Massachusetts Agent Pleads Guilty to Embezzlement; Agency Barred From Business

The chief executive officer and president of a Taunton, Massachusetts insurance agency has pleaded guilty in connection with an...
 

World Insurance Acquires New Jersey's Coverage Specialists

Insurance brokerage World Insurance Associates reports that it has acquired Coverage Specialists, Inc. of Pompton Plains, New Jersey....
 
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Midwest

 

FCA US, Formerly Chrysler Group, to Pay $300 Million for Emissions Scheme

FCA US LLC (FCA US), formerly Chrysler Group LLC, was sentence in federal court in Detroit and ordered to pay a fine of $96,145,784; and...
 

Illinois Wrong-Way Crash Kills 7, Including 5 Children

A crash involving a wrong-way car on an interstate in northern Illinois left seven people dead Sunday, including five children,...
 

Missouri Insurance Department to Assist Residents After St. Louis Flooding

Missouri Department of Commerce & Insurance announced that consumer specialists will be at Multi-Agency Resource Centers (MARC) to assist...
 
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Insurance Jobs

 

Product Manager/ Senior Product Manager - WCF Insurance - Sandy, Utah

 

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Southeast

 

Miami, Like Connecticut, Installing Smart Signs to Prevent Wrong-Way Drivers

Miami-Dade County officials, like Connecticut authorities, are investing heavily in new, flashing road signs after a spate of wrong-way...
 

Demotech Downgrades Three in Florida; AM Best, KBRA Say They're Available

Just two weeks after the Demotech financial rating firm set off a firestorm of controversy by warning that it could soon downgrade as...
 
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South Central

 

Texas Department of Workers' Comp Adopts Claim Electronic Data Interchange

The Texas Department of Insurance, Division of Workers' Compensation (DWC) adopted the Texas claim EDI release 3.1.4 standard on March 9,...
 

Louisiana Roofing Contractor Fined $249,000 for Failure to Comply With Safety Standards

A Baton Rouge, Louisiana roofing contractor - who ignored federal safety inspectors' February 2022 warnings that not complying with...
 
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West

 

2 Bodies Found Inside Vehicle in Path of Big California Wildfire

Authorities said two bodies were found inside a burned vehicle in the path of a raging Northern California wildfire that is one of...
 

Flash Flooding Closes Roads into Death Valley National Park

Roads in and out of Death Valley National Park were closed after lanes mud and debris inundated lanes during weekend flash floods in...
 

Reports: GEICO Closing All Offices in California

GEICO is closing all of its offices in California, according to reports. The company shut down all of its 38 offices in the state and...
 

California Insurance Commissioner: Mercury Steered 'Good Drivers' Toward Higher-Priced Policies

California Insurance Commissioner Ricardo Lara announced a legal action on Monday against Mercury Insurance for reportedly violating...
 

California Seeing Largest Wildfire of 2022 at 80 Square Miles

A wildfire in Northern California was burning out of control on Monday amid exacerbating conditions that pose the dangers of...
 
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International & Reinsurance

 

Floods, Storms Drive Global Insured Catastrophe Losses of US$38B in H1 2022: Swiss Re

A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number of thunderstorms in the U.S....
 

Generali Beats Forecasts With H1 Net Profit of $1.4 Billion

Italy's top insurer Assicurazioni Generali said on Tuesday it would increase prices to keep up with rising costs, and maintained its...
 

England Records Driest July Since 1935 Amid Searing Heat Wave

England had the driest July since 1935 amid a searing heat wave that pushed infrastructure to the brink and severely disrupted travel....
 

Howden's Aston Lark Ireland Acquires Sparrow Insurances

Aston Lark Ireland, the insurance broker that recently became part of Howden Broking Group, announced the acquisition of Sparrow...
 

Jensten Group Acquires UK MGA Origin UW

The Jensten Group, the London-based independent insurance broking group, has completed the acquisition of Origin UW Ltd., following...
 

UK Motor Insurer Direct Line to Raise Premiums After H1 Profit Hit

British motor insurer Direct Line is raising premiums after higher claims hit its first-half profits, as the company feels the effects of...
 
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Insurance Journal Blogs and Columns

 

The Hidden Costs of Switching Carriers at Renewal Time

This post is part of a series sponsored by IAT Insurance Group. It's no secret, insurance costs are on the rise - across coverages. And...
 
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Research and Webinars

 
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Biometric Authentication Explained

In a digital world, how can you be sure that someone is who they say they are? Or that they even exist at all? This book from...
 
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The High Price of "Business As Usual" in the Insurance Industry

AgentSync's Guide to the Price of "Business as Usual" in the Insurance Industry When an insurance organization considers adding...
 
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Future-Proof Best Practices for Workforce and Safety Training

When it comes to safety and compliance a comprehensive training program is a must. We have gathered data across industries to...
 
research

Online Face Verification in Insurance: 5 Ways To Enable Digital Transformation

How can insurance companies use online face verification as part of their digital transformation strategies? Download our report...
 
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Reducing Commercial Auto Risk Exposure for Incomplete Trucks via Accurate Data & Automation

It's likely that 65% of commercial trucks on your books are undervalued. Fortunately, insurtech can easily fix this by combining...
 
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Insurance Journal TV

 
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EP. 53: Why Most Small-to Mid-Size Cannabis Operators Shun D&O

Since cannabis insurance became a thing, directors & officers insurance has been pricey and...
 
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EP. 42: Inside Out: How Exit Crime, Insider Threats Are Creating Challenges for Insurers

There has been a lot of talk about how insurance companies are increasingly falling victim to...
 
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