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Today's Headlines

 
February 2, 2021
 
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National

 

Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals

Cyber criminals shifted away from stealing individual consumers' information in 2020 to focus on bigger, more profitable attacks on...
 

As Insurers Exit Coal Underwriting, They May Find It's Good for Stock Valuations

As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is the most...
 

What NFL's Game Plan Can Teach America About Handling COVID-19

With just days to go before the Super Bowl, the Centers for Disease Control and Prevention (CDC) is cheerleading the National Football...
 

Uber Vet Invests $50M in Metromile as Insurer Readies Reverse Merger to Become Public

Auto insurer Metromile has attracted $50 million in new investment from a former Uber executive even as it has obtained regulatory...
 

House Committee to Probe Tyson, Smithfield, OSHA Over Covid Outbreaks

A Democratic-led House panel is launching a probe into coronavirus outbreaks at meatpacking plants and whether the Occupational Safety...
 

Tesla Agrees to Recall 135K Vehicles Over Touchscreen Display Complaints

Tesla Inc. has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety...
 

How the Emerging Gig Economy is Changing Auto Insurance, Surplus Lines

Automobile insurance looks very different today than it did a generation ago. The means by which people (and goods) travel via motor...
 

Carriers Will Gain Plenty in 2021 by Tackling Their Tech Challenges

As we headed into 2020, and prior to the impact that resulted from the pandemic, many carriers had made investments to...
 
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East

 

Massachusetts Appeals Court Finds Landowner Not Responsible for Tenant's Dog

Victor Creatini says he was taking a bike ride with his dog on a leash beside him when a pit bull ran into the street and attacked his...
 

The Hilb Group Acquires New York's Rampart Brokerage Corporation & Afilliates

The Hilb Group LLC (THG) has completed its 100th acquisition by acquiring New York-based Rampart Brokerage Corporation & Affiliates...
 

CRC Group Acquires Assets of Washington D.C.'s Federal Employee Defense Services

CRC Group, a national wholesale distributor of specialty insurance products, has acquired the assets of Washington D.C.-based Federal...
 
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Midwest

 

High Street Insurance Partners Acquires Vested Risk Strategies in Michigan

High Street Insurance Partners (HSIP), a full-service insurance brokerage platform of the private equity firm, Huron Capital, has...
 

Homeowners Insurer, Openly, Expands Into Wisconsin

Openly, based in Boston, is now offering its homeowners insurance products and services in Wisconsin. More than 500 independent agents...
 

Irwin Named Chief Strategy Officer at Wisconsin's Understory

Understory, a Madison, Wisconsin-based provider of insurance products and services focused on climate change, has appointed Neil Irwin as...
 
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Southeast

 

Newly-Formed K2-Backed Exchange to Offer Coverage for Mobile Homeowners in Florida

Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American...
 

North Carolina Tops 1K Captive Insurers in 7 Years

The North Carolina Department of Insurance has approved or licensed more than 1,000 risk-bearing captive entities (including conditional...
 

Georgia Law Blocks Families of Nursing Home Residents from Suing Over COVID Deaths

A suburban Atlanta nursing home where 22 people died from COVID-19 has been faulted by state inspectors for failing to control...
 
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South Central

 

Texas' Cudd Well Control Providing Energy Expertise to Worldwide Facilities

Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, is partnering with The...
 

Over $115M in Federal Flood Insurance Paid in Louisiana for 2020 Hurricanes

As of Feb. 1, the National Flood Insurance Program (NFIP) has paid out more than $115 million in flood claims in Louisiana in response to...
 
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West

 

NTSB Looking at Nevada Highway Truck Crash That Killed 5

Federal investigators said they'll focus on the crash of a box truck that killed five bicyclists on a stretch of Nevada highway in...
 

20 Workers at Alaska Seafood Company Contract COVID-19

Multiple crew members on a seafood factory trawler in the Aleutian Islands in Alaska have tested positive for COVID-19, joining a growing...
 

CompWest Adds McNamara to Southern California Team

CompWest Insurance has added Liz McNamara as a business development consultant in Southern California. McNamara most recently was a...
 

Colorado Law on Police Officer Liability Being Tested by Notorious Video Incident

A new Colorado law allowing individual police officers to be sued will soon get a big test. Four Black girls who were mistakenly detained...
 
More West News »
 
 

International

 

As Insurers Exit Coal Underwriting, They May Find It's Good for Stock Valuations

As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is the most...
 

Repair Your Damaged Reputations, AM Best Tells UK Insurers

While most of the COVID-related problems that plagued UK commercial property insurers will abate after the March anniversary of...
 

Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts

Climate change is causing oceans to rise quicker than scientists' most pessimistic forecasts, resulting in earlier flood risks to coastal...
 

Sampo Should Sell Holding in Lender Nordea to Focus on Insurance: Activist Investor

Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus on its...
 

Hub International Buys Canada's John Galon Insurance Services and Galon Management

Hub International Ltd., the Chicago-based insurance broker, announced it has acquired John Galon Insurance Services Ltd. and Galon...
 

Fagan to Step Down as Chief Executive of Catalina Holdings, Succeeded by Hemphill

Catalina Holdings (Bermuda) Ltd., the legacy re/insurance acquisition specialist, announced that Chris Fagan, co-founder, is stepping...
 
More International News »
 
 
 
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Research and Webinars

 
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How to Grow Your Agency While Increasing Efficiency

Join Us Wednesday, Feb. 17th, 10 am PT, 1pm ET In today's marketplace, increasing your number of clients, policies sold, and...
 
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Broker Success Checklist

P&C brokers, are you helping your clients navigate their critical areas of risk? Businesses choose to work with brokers that...
 
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2021 In View: What to Expect as the Industry Transitions to the New Realities of a Post-COVID-19 World

As the insurance industry rebounds from a tumultuous 2020, we will see swift changes across a number of critical areas. In this...
 
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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...
 
More research and webinars »
 
 

Insurance Journal TV

 
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ICS20 Soundbite: Capacity, Vaping Among Issues in Cannabis Industry Going Forward

Norman Ives, a wholesale insurance broker at Worldwide Facilities LLC specializing in custom...
 
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EP. 2: Forget the Stars, Insurers are Shooting for the Cloud

Recent research shows that more insurers are taking advantage of cloud technology for data...
 
Watch more videos at InsuranceJournal.tv »
 
 

Reader Comments

 

U.S. Issues Mask Mandate on Public Transportation

Posted: Mon Feb 1 -- Glad to see Biden implemented his mask mandate that Republican's argued he should've done while Trump was still President ¯\_(ツ)_/¯ Rosenblatt
 

Texas Governor Vows to Fight President Biden's Energy, Climate Agenda

Posted: Fri Jan 29 -- "Abbott acknowledged that in Texas, there is “either zero or close to zero” federal lands where drilling is done." We are going to stand... CalDude
 

What Biden's First Year Might Mean for Job Creation

Posted: Wed Jan 27 -- *Comments have been closed for this article* (I totally stole that from someone here, but can't remember who. Sorry I can't attribute this... Rosenblatt
 

OSHA Issues COVID-19 Workplace Safety Guidance

Posted: Mon Feb 1 -- This sentence summed up the article well: "Much of the guidelines released Friday are similar to ones from the Trump administration".... TR714
 

The Results Are In: How NFL QBs/Insurance Salesmen Mahomes, Rodgers, Mayfield Rate

Posted: Tue Jan 26 -- Still, Nationwide and Peyton Manning rule the (air)waves. And sorry but Liberty Mutual needs to fire their agency for the most uniformly... reality bites
 
Go To Popular Comments »
 
 
 
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