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Today's Headlines

 
December 7, 2021
 
Today's Headline Sponsor: First Nonprofit
 
 
 
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National

 

Heading Into 2022, P/C Insurers Face 'Massive' Political Risks, Economic Uncertainty

Property/casualty insurers head into 2022 facing "massive" political risks, an expert with the Insurance Information Institute said on...
 

Wholesale Brokers Look to Continue Offering Value While Addressing Talent Gap

The wholesale insurance market continues to grow premiums while providing value to retail agents and important options to their...
 

Sackler Family Denies Scheme to Abuse Bankruptcy System and Avoid Liability

Members of the Sackler family on Monday said billions of dollars they collected from Purdue Pharma before the company filed for Chapter...
 

Regulator Warns Banks That Ransomware Attacks Are Rising

A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it...
 

People Moves: Sartain Heads Marsh Specialty; AXA XL Adds 2 Underwriters to E&S Team

Sartain Named Marsh Specialty Leader for U.S. and Canada Insurance broker Marsh announced the appointment of Michelle Sartain as head of...
 

Uncovering Opportunities in the Shifting Landscape Emerging from COVID-19

As I write this, in the fall of 2021, it's now clear that we are going to be living and working with COVID-19 for the indeterminant...
 

Sponsored: Charles Taylor Accelerates Growth Course in the US as it Launches New Business Lines, Acquisitions and Attracts Top Tier Talent

NEW YORK, NEW YORK – DECEMBER 7, 2021 – Charles Taylor Adjusting and Technical Services, a leading global loss adjusting business, today ...
 

U.S. Trucking Sector Struggles with Rising Rates, Driver Shortage

U.S. commercial auto insurers continue to face disruptions on their road to profitability due to inflation and the spotty post-pandemic...
 

Why Founders Leave InsurTechs

Ron Glozman has always been a problem-solver, a good skill to have as a tech visionary creating companies that automate...
 
More National News »
 
 
 
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East

 

New York City Expands Its First-In-Nation Vaccination Mandate Program

New York City is expanding its "Key to NYC" program, the first-in-nation vaccination mandate for workers and customers at indoor dining,...
 

$71.5M Compensation Fund For Past Patients of Former Gynecologist Hadden

Columbia University Irving Medical Center (CUIMC) and New York-Presbyterian Hospital (NYP) have reached an agreement with 79 women who...
 

People Moves: New Hires at Appalachian Underwriters, Jimcor Agency

Appalachian Underwriters Hires Tobin as Northeast Marketing Representative Appalachian Underwriters Inc. (AUI) hired a new marketing...
 
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Midwest

 

Parents of Indiana Girl Sue City After She Drowns in Pool

The parents of a 5-year-old girl who drowned last summer in a southwest Indiana city's swimming pool are suing the city and the child's...
 

People Moves: Branch Names Brizard CBO; Hagerty Adds Ignoto

Branch Names Brian Brizard Chief Business Officer Branch, a full-stack insurance company, has hired Brian Brizard as chief business...
 

Minnesota Winter Storm Causes Hundreds of Car Crashes, No Fatalities

Snowfall reached nearly 1 foot on Sunday, Dec. 5 in some parts of northern Minnesota. The Minnesota State Patrol reported hundreds of car...
 

Wisconsin Condominium Evacuated Due to Structural Issues

A six-story condominium building that was the subject of resident complaints dating back to June 2020 has been evacuated in a Milwaukee...
 
More Midwest News »
 
 
 
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The Podcast for Independent Agents
 
Dr. Brenda Wells talks with Joan Woodward (Founder and President of the Travelers Institute) in Episode 3: Turning Economic and Social Change into Opportunity.
 
Play Episode 3 Now
 
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Southeast

 

Snowbirds Could Feel Chill: Citizens Revives Idea of Surcharge on 2nd Homes

Citizens Property Insurance Corp. officials have spoken extensively about the need to depopulate the insurer's rolls and reduce its...
 

Funeral Directors Accused of Taking Insurance Funds But Not Cremating Remains

Funeral home directors in two Southern states have been accused of taking money from insurance policies and grieving families, but...
 

Rates for Florida's Citizens Insurance to Start Climbing Feb. 1

Florida's Citizens Property Insurance Corp. is reminding agents and policyholders that rates for most commercial and residential policies...
 

People Moves: Kentucky's Big I; Berkshire's Life Sciences

Big I of Kentucky, the association of independent insurance agents in the state, has elected Kevin Desmond as chairman. Desmond, who is...
 

People Moves: Sedgwick Pooling; Synapse Gets Energy

Memphis-based Sedgwick, the national claims management and benefits firm, announced it had elevated two longtime officers to new...
 

Renaissance Adds Another Florida Insurance Agency

Hillcrest Insurance Agency in Mount Dora, Florida, is now part of the Renaissance Alliance, a network of independent agencies. Hillcrest...
 
More Southeast News »
 
 

Insurance Jobs

 

Faculty Position - Tenure Track/Pre-Tenure Track/Non-Tenure Track - Gallaudet University, School of Civic Leadership, Business & Social Change - Washington D.C.

 

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

 
 
 

South Central

 

Hub Acquires Texas-Based Cameron Investment Company

Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired Cameron Investment Company, Inc.,...
 

Texas Windstorm Insurance Association Committee Recommends Willis Re for Reinsurance Broker

The Texas Windstorm Insurance Association's Actuarial & Underwriting Committee met on December 6 to review best and final offers from...
 
More South Central News »
 
 
 
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A proud tradition of partnership.
 
Texas Mutual is grateful to the dedicated agents across the state who work hard to help their clients and serve as valued partners for our company.
 
Our Thanks Message
 
Texas Mutual Insurance Company
 
 
 
 

West

 

Study: No Intentional Racial Bias in Washington Patrol Traffic Stops

A study from Washington State University found no intentional racial bias in traffic stops by the Washington State Patrol, however it...
 

Evacuation Orders Lifted for Central Colorado Wildfire

Firefighters made progress containing a 15-acre wildfire in a central Colorado mountain community as authorities lifted evacuation orders...
 

California Man Arraigned on 14 Counts of Insurance Fraud in 'Paper Collision' Scheme

Farrukh Hussain, 37, of Eastvale, California, was arraigned on 14 felony counts of insurance fraud after allegedly stealing consumers'...
 
More West News »
 
 

International & Reinsurance

 

Property Catastrophe Reinsurance Renewal Rates to Rise by More Than 10%: Fitch

Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in...
 

Ransomware Operators Expected to Become More Aggressive: Canada Spy Agency

Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to become increasingly...
 

Hong Kong's AIA Group Sells Nearly $10 Billion of Coal Investments

AIA Group Ltd. has sold off almost $10 billion of investments in coal mining and coal-fired power businesses as pressure grows on...
 

Ireland Braces for 'Weather Bomb' With Violent Winds and Rain From Storm Barra

Ireland braced for a so-called weather bomb, with Storm Barra's violent winds and rain slamming the country Tuesday and Wednesday. The...
 

Verisk's Sequel Launches Hub to Simplify Product Distribution, Delegated Authority Biz

Insurance software specialist, Sequel, a Verisk business, announced its latest initiative, Sequel Hub, which is described as a flexible...
 

AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners

Allianz Global Corporate & Specialty (AGCS), Allianz' entity for large-scale corporate and specialty risks, announced the launch of an...
 

People Moves: Norgrove to Succeed Egan as RSA CEO, UK & International; Marsh Promotes 3 Senior Leaders for Financial and Professional Specialty

This edition of International People Moves details appointments at RSA UK & International and Marsh. A summary of these new hires follows...
 
More International & Reinsurance News »
 
 
 
 
 
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Research and Webinars

 
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Real-time cyber quoting from anywhere.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
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AmTrust 2021 Contractor Risk Report

The AmTrust 2021 Contractor Risk Report provides insights into the unique risks artisan contractors face, along with tips to...
 
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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...
 
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The MGA's Guide to Producer Licensing and Compliance through Technology

MGAs face regulatory challenges from all directions and insurance laws vary by state, making the management of producer...
 
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Mobile Telematics: The solution to driving your business forward.

Are you still using Credit Score to assess risk? Move beyond legacy methods of assessing risk with proven insurance solutions...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 28: Looking in the Rearview Mirror: Cyber Lessons Learned from 2021

The year is coming to an end and cyber insurers as well as their clients may be reflecting on...
 
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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...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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