Insurance Journal
 
 

Today's Headlines

 
February 9, 2021
 
Today's Headline Sponsor: Victor Insurance Managers Inc.
 
 
 
adv
 
Work Smarter with V2
 
Quote, bind & issue policies online in minutes, tailor coverages to meet your client's needs, manage policies online, download policy documents and more!
 
Get Started
 
Victor Insurance Managers Inc.
 
 
 
 

National

 

P/C Insurers' Net Income for 9 Months Fell 27% on Effects of Catastrophes

In the first nine months of 2020, net income for the U.S. property/casualty insurance industry dropped 27.5% to $35.1 billion and net...
 

It Could Have Been Worse. An Update on COVID-19 Impact on Workers' Compensation.

While it obviously presented challenges, 2020 is looking like it may not have been such a bad year for workers' compensation insurers and...
 

Metromile to Begin New Life as Public Company as Reverse Merger Closes Today

Digital pay-per-mile auto insurer Metromile will officially become a public company tomorrow as the deal to be merged with a special...
 

Rate Hikes Boost CNA in Q4

CNA Financial Corp. benefited significantly from rate hikes and premium growth in Q4, reporting more than $387 million in net income...
 

New Cowbell Cyber Partner Program Connects Insureds with Risk Management Services

Cowbell Cyber, an AI-powered cyber insurance provider for small to mid-sized businesses (SMBs), has launched Cowbell Connect, its partner...
 

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

Misuse of climate models could pose a growing risk to financial markets by giving investors a false sense of certainty over how the...
 

Broker Robinhood Sued by Parents Over Trader Son's Suicide

The family of a 20-year-old stock trader who committed suicide sued the broker Robinhood for his death, citing its "misleading...
 

Professional Liability Underwriters Feeling Pressure From COVID: AM Best

The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many...
 

For Insurers, Digital Ecosystems Are Now Vital Economic Tools

It is clear that traditional end-to-end business models are breaking down in every industry, including insurance. In the...
 
More National News »
 
 
 
adv
 
Their investment coverage. Your service.
 
REInsurePro's program lets you take care of residential property investors in a way that's exactly right for both of you. Comprehensive coverage, competitive rates.
 
Become an Agent
 
REInsurePro
 
 
 
 

East

 

Second Major Snowstorm in a Week Blankets Northeast

A major snowstorm pushed through the Northeastern United States on Sunday, less than a week after a storm dumped more than two feet on...
 

Vermont Police Say Snowmobile Fire Ignites Covered Bridge

A fire that started in a snowmobile spread to a 111-year-old covered bridge, collapsing the structure into the Missisquoi River in the...
 

New York Man Pleads Guilty to Insurance Fraud Following Hit-and-Run Accident

A New York man has pleaded guilty to insurance fraud after being involved in a hit-and-run incident with a parked car in Hoboken, New...
 
More East News »
 
 
 
Advertisement
 
adv
 
Find more commercial success
 
Centralize commercial submission workflows, obtain product and appetite guidance, and improve commercial outcomes with EZLynx Submission Center.
 
GET THE TOOLS
 
 
 

Midwest

 

NFP Acquires Michigan's Colburn Risk Holdings

Insurance broker and consultant NFP acquired Michigan-based property/casualty insurance broker Colburn Risk Holdings LLC (ColburnColburn)...
 

Fischer Appointed President of Core Specialty's Ag Reinsurance Division

Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc. and its subsidiaries (Core Specialty) hired William (Bill) R. Fischer to...
 

Cannon Used at Michigan Baby Shower Explodes, Killing Man

A Michigan man who was fatally injured when a cannon exploded in a backyard during a baby shower was within 15 feet of the device when...
 
More Midwest News »
 
 
 
adv
 
Agile. Agent-centric. Innovative.
 
Delivering exceptional insurance solutions in a dynamic world.
 
Hanover.com
 
The Hanover Insurance Group
 
 
 
 

Southeast

 

Mississippi Medical Marijuana Regulations to Take Effect in July

Regulations for a medical marijuana program in Mississippi will be in place by a July 1 deadline, members of the state Board of Health...
 

EPA Seeks to Test More Atlanta Properties for Lead

The U.S. Environmental Protection Agency is asking residents in parts of some west Atlanta neighborhoods for permission to test their...
 

Georgia County Invests $1.9M in Fire Fighting Efforts to Cut Insurance Rates

A southeast Georgia county will spend $1.9 million to buy three fire trucks and three water tankers, part of a strategy to increase fire...
 

Lamb Insurance Services Adds Penley as Director of Sales for the Carolinas

Lamb Insurance Services (Lamb) has appointed Doug Penley as the director of Sales. Penley is responsible for all aspects of sales and...
 
More Southeast News »
 
 
 
adv
 
Grow Your Agency & Increase Efficiency
 
Join this webinar to learn how the right strategies and technologies can boost your ROI and create deeper connections with your audience at scale.
 
Reserve Your Seat
 
Agency Revolution
 
 
 
 

South Central

 

Caldwell, Mowbray Named to Leadership Posts at Louisiana Insurance Dept.

James "David" Caldwell, Jr. has been appointed executive counsel and Rebecca Mowbray has been named deputy commissioner of Public Affairs...
 

$32M Project on Louisiana Coast Aimed at Storm Mitigation

Construction has begun on a $32 million project to bring back hundreds of acres of marsh to a part of southwest Louisiana where storms,...
 
More South Central News »
 
 
 
adv
 
ANYTHING BUT BASIC
 
Giving you more than you expect is what sets us apart. Discover the LUBA Difference.
 
Learn More
 
LUBA Workers' Comp
 
 
 
 

West

 

New Mexico Lawmakers Propose Cap on Damages in Police Accountability Bill

A bill that would strip police officers of immunity from civil rights lawsuits in state court is being rewritten to cap potential damage...
 

Remote Workers Heading to Wyoming Amid Pandemic

Ty Lunsford left Casper in 1998 - seeking, as he says, "bright lights, big city." He was raised here, and moved out of his parents' house...
 

WCF Insurance in Utah Names Lyon President

The WCF Insurance board of directors has named Matt Lyon president of the Utah-based firm. Lyon will retain his position as chief...
 

California to Establish Home And Community Hardening Standards for Insurance

California Insurance Commissioner Ricardo Lara on Monday announced a new partnership between the California Department of Insurance and...
 
More West News »
 
 
 
adv
 
$2.8 Million Allstate Agency for Sale
 
Owner financing and office space available.
 
See more.
 
Insurance Journal
 
 
 
 

International

 

Aon-Willis Towers Watson Merger on Track to Complete in 1st Half

The merger of Aon with Willis Towers Watson is on course to close in the first half of 2021, said John Haley, Willis Towers Watson's...
 

N. Zealand Stock Exchange Cyber Attack also Targeted Insurers, Banks, Financial Firms

More than 100 banks, exchanges, insurers and other financial firms worldwide were targets of the same type of cyber attack that crippled...
 

Rescuers Search for Workers Trapped at Hydropower Site in Flood-Hit North India

Rescue workers continue to battle mountains of slush and debris at a hydropower construction site in north India that was damaged by...
 

Polish Game Maker CD Projek Hit by Cyber Attack

CD Projekt has been hit by a cyber attack, which compromised some of its internal systems including the source code to its flagship...
 

UK Insurtech Zego Partners with Irish Mobility Startup Brite to Offer Electric Fleet Cover

Irish mobility startup Brite has partnered with London-based mobility insurance provider Zego to expand its fleet offering of e-mopeds,...
 

Learning Technologies Group Buys Diversity & Inclusion Specialist PDT Global in UK

Learning Technologies Group plc (LTG), the London-based provider of services and software for digital learning and talent management, has...
 

Third Point Re Hires 3 Senior Leaders Ahead of Anticipated Merger with Sirius

Third Point Reinsurance Ltd., a Bermuda-based specialty reinsurer, announced it has made three senior hires to strengthen its existing...
 

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

Misuse of climate models could pose a growing risk to financial markets by giving investors a false sense of certainty over how the...
 
More International News »
 
 
 
adv
 
Business Income Insurance Demystified
 
Business income coverage is arguably one of the most important coverages your commercial clients should have. Get THE book on the subject.
 
Get the Book
 
Insurance Journal's Academy of Insurance
 
 
 
 
 
 
 
More Sponsor Content »
 
Submit your article. Find out how. »
 
 

Research and Webinars

 
adv

How to Grow Your Agency with Digital Marketing

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

Broker Success Checklist

P&C brokers, are you helping your clients navigate their critical areas of risk? Businesses choose to work with brokers that...
 
adv

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...
 
adv

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

 
adv

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

Norman Ives, a wholesale insurance broker at Worldwide Facilities LLC specializing in custom...
 
adv

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

 

Florida Condo Association Sues Resident for Feeding Stray Cat

Posted: Wed Feb 3 -- Wow ! There has to be at least ten different ways this could have been handled that would be condo friendly, animal friendly, elderly... Questionning
 

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

Posted: Tue Feb 2 -- Didn't know Underwriters are now Stock Analyst. SMH. Wonder if Stockholders want underwriters to just focus on stock price and not actually... TX Agent
 

SEC Sues Giuliani Associates Parnas, Correia Alleging Fraud Over Insurance Startup

Posted: Thu Feb 4 -- Sorched earth reporting by Bloomberg. To bad IJ amplified the misinformation associating the former mayor to the essence of the story. John
 

Workers Refusing Unsafe Work May Be Able to Get Unemployment Insurance

Posted: Wed Feb 3 -- This is a tough one. Who gets to decide what's unsafe? We're not really 100% sure that 6 feet is the right distance are we? Does one or two... SWFL Agent
 

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

Posted: Tue Feb 2 -- Missing from the facts was the fact the Police claimed they met the description of suspects- yet the description was for a Motorcyclist -... Jack Straw
 
Go To Popular Comments »
 
 
 
Contact us | Subscribe | Send to a Friend
 
This email was sent to [email protected].
 
Don't want this anymore? Update your subscription or unsubscribe from all lists.
 
Insurance Journal
3570 Camino del Rio North, Suite 100
San Diego, CA 92108
(800) 897-9965
Insurance Journal | Claims Journal | MyNewMarkets | Academy Of Insurance | Carrier Management