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Today's Headlines

 
February 16, 2021
 
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National

 

Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits

Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery...
 

Progressive to Buy Transportation Insurer Protective for $338 Million

The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its...
 

Zaffino to Succeed Duperreault as CEO of AIG March 1

American International Group (AIG) has officially named Peter S. Zaffino as chief executive officer, succeeding Brian Duperreault, AIG's...
 

Lloyd's Construction Specialists Say They Are Ready For U.S. Infrastructure Boom

Construction insurance specialists at Lloyd's of London are hoping to see more U.S. business from increased government investment in...
 

Microsoft Exec Calls SolarWinds Hack 'Largest, Most Sophisticated Attack' Ever

A hacking campaign that used a U.S. tech company as a springboard to compromise a raft of U.S. government agencies is "the largest and...
 

Viewpoint: Post-Pandemic: Will Employers or Workers Have Upper Hand?

It's been a year now since we came under the relentless domination of the coronavirus. After all this time, the picture isn't pleasant....
 

AXA XL Names O'Malley as U.S. Country Manager

AXA XL has appointed Matthew V. O'Malley as U.S. Country manager. In October 2020, AXA XL launched a new operating model which included a...
 

Ullico, Hagerty to Offer Collector & Classic Car Coverage to Union Members

Ullico has partnered with The Hagerty Group to offer Hagerty's insurance for classic, collector and enthusiast vehicles. Per the...
 

Insurers Still Committed to Cyber Market Even as Risks Mount

It could go down as one of the most significant cyber attacks yet. Russian hackers breached a number of U.S. government agencies and dozens...
 

Actuary to Actuary: How to Help Combat Racism in the Workplace

As actuaries and other professionals in the property/casualty insurance industry start to better understand racism, many...
 
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East

 

Ice Storm Leaves Thousands Without Power in Mid-Atlantic

Ice and freezing rain from a winter storm moving through the mid-Atlantic region knocked down trees and power lines and left tens of...
 

With Crashes Down, Massachusetts Lawmakers Want Lower Car Insurance Rates

Lawmakers and the attorney general's office want a state agency to force car insurance providers to lower rates for Massachusetts...
 

Core Assurance Partners Names Brandau as President, Russell as Vice President

Core Assurance Partners Inc. has named Zack Brandau as the organization's president and Will Russell as vice president. Brandau will...
 
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Midwest

 

Ex-Medical Manager in Indiana Awarded $3.6M in Whistleblower Case

An Indianapolis-based medical supply company's former manager has won $3.6 million in a settlement of her whistleblower lawsuit accusing...
 

Man Who Broke Ankle on Obstacle Course on Michigan Farm Wins Appeal

A man who broke an ankle on an obstacle course at a pumpkin patch will get his foot inside a courthouse again. A judge wrongly dismissed...
 

Officials in Small Iowa Town Charged with Embezzlement, Other Felonies

The mayor, police chief and current and former city clerk of a small Iowa town have been charged with a string of felonies and...
 
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Southeast

 

Storm System Spawns Tornado in Florida, Several Homes Damaged

A tornado in Florida's Tampa Bay region peeled off rooftops, snapped trees and roused residents from bed early Sunday morning. The...
 

Historic Atlanta Krispy Kreme Owned by Shaq Damaged by Fire

A historic Krispy Kreme Doughnuts store in Atlanta owned by basketball star Shaquille O'Neal that dates back to the mid-1960s was...
 

Insurors of Tennessee Promotes Layman, Smith

Insurors of Tennessee has promoted Jim Layman to general counsel and appointed Daniel Smith as chief operating officer. The two will...
 

Former School Bus Employee Arrested in $50K Florida Insurance Fraud Scheme

A former Miami-Dade County school bus driver was arrested for allegedly filing numerous fraudulent insurance claims and collecting...
 
More Southeast News »
 
 
 
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South Central

 

Applied Underwriters Acquires Oklahoma Property and Casualty Insurance

Applied Underwriters' affiliate, North American Casualty Co., has completed its acquisition of Oklahoma City-based Oklahoma Property and...
 

South Central Region Shut Down by Winter Storm

A winter storm dropped snow and ice and sent temperatures plunging across the southern Plains, prompting a power emergency in Texas a day...
 

Brown Reappointed as Texas Workers' Compensation Commissioner

Cassie Brown has been reappointed by Gov. Greg Abbott as Commissioner of Workers' Compensation at the Texas Department of Insurance (TDI)...
 
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West

 

GM Settles With California Over Ignition Switch Statements for $5.75M

General Motors Co. agreed to a $5.75 million settlement to resolve allegations it made false statements to California's largest pension...
 

USI Insurance Services Acquires Inland Insurance in Washington

USI Insurance Services has acquired Spokane, Wash.-based Inland Insurance Inc. Terms of the deal were not disclosed. Inland Insurance is...
 

Most Oregonians Applying for Disaster Aid After 2020 Wildfires Denied

More than 24,000 Oregonians applied for federal disaster assistance after the catastrophic 2020 wildfires and about 57% of them were...
 

California Mother, Son Arrested for Fraud Involving Aston Martin

Ahmad Haris Tajyar, 45, and his mother, Malalay Tajyar, 70, both of Porter Ranch, Calif., were arrested on one felony count of insurance...
 

California Commissioner Names Morales Diversity Task Force Leader

California Insurance Commissioner Ricardo Lara has named Mark Morales to lead the California Department of Insurance's Diversity Task...
 

Newfront in California Adds Gallagher's Pedisich

San Francisco, Calif.-based Newfront Insurance has added Nick Pedisich as a principal and commercial insurance broker. He joins Newfront...
 
More West News »
 
 
 
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$2.8 Million Allstate Agency for Sale
 
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International

 

Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance

Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros...
 

UK Judge Rules Newspaper Violated Duchess Meghan's Privacy in Publishing Letter

LONDON -- A newspaper invaded the Duchess of Sussex's privacy by publishing personal letter to her estranged father, a British judge...
 

Fire at Indian Firecracker Factory Kills at Least 12, Police Report

At least 12 people were killed in a fire at a firecracker factory in the southern Indian state of Tamil Nadu last Friday, police said....
 

UK High Court Allows Suit Against Shell by Nigerian Farmers, Fishermen Over Oil Spills

The UK Supreme Court on Friday allowed a group of 42,500 Nigerian farmers and fishermen to sue Royal Dutch Shell (RDS) in English courts...
 

UK Supreme Court to Rule This Week on Workers' Rights for Uber Drivers

LONDON -- Britain's Supreme Court will announce a decision on Feb. 19 in a case regarding workers' rights at taxi app Uber that could...
 
More International News »
 
 
 
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Business Income Insurance Demystified
 
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Research and Webinars

 
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Getting the Most Out of Your Agency Data

To succeed and grow in a digital-first world, insurance agencies need to know and use the data in their technology. Agencies...
 
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Guide to Administering Your Own Premium Financing Program

Agencies arranging financing to insureds through premium finance companies can increase their top and bottom lines by offering...
 
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The SEO Guidebook for Insurance Agents

Have you thought about how your insurance agency can be found online? Consumers have been turning to the internet to shop for...
 
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3 Ways to Jumpstart Your Agency Growth

Surviving as an independent agent is no longer the name of the game. Modern agencies want to grow their business more than...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 7: New Year, New Threats? Cyber Pros Say Attacks Will Continue to Increase in 2021

Although a new year is underway, many cyber professionals are saying the threat environment...
 
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EP. 17: USC's Cannabis Industry Club is All Business - Mostly

It turns out that business-focused cannabis clubs on college campuses are a thing. And they...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

How can a new agent obtain appointments?

Posted: Wed Feb 10 -- If you're just starting your transition or comparing aggregators, word of advice, review the contracts. "You own the book" has multiple... jdwebb
 
Go To Forums »
 
 

Reader Comments

 

Texas Bill Would Mandate Business Interruption Cover for Pandemic Losses

Posted: Wed Feb 10 -- Good luck buying insurance in Texas is this passes. Every carrier is amending their forms to include a communicable disease exclusion if... Oh Goody
 

Kin Insurance Launches Landlord Insurance in Florida Market

Posted: Fri Feb 12 -- LFG!!! JR
 

Florida Consumers 'Flabbergasted' by Property Insurance Rate Hikes

Posted: Fri Feb 12 -- $400 mortgage payment... What!? Huh?
 

Cannon Used at Michigan Baby Shower Explodes, Killing Man

Posted: Tue Feb 9 -- 1. My condolences to the family of the man killed. 2. Holding a party in the time of Covid ? 3. Seriously, what is the point of a gender... glassflower
 

Climate Models Are Not Designed for Use by Financial Markets, Scientists Warn

Posted: Tue Feb 9 -- Been saying this for years. Yell at the top of your lungs that the sky is falling, sumbody gotta pay for it. Here we are! Jack
 
Go To Popular Comments »
 
 
 
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