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January 12, 2021
 
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National

 

Covid-19 Vaccine Distribution Risks and Insurance: Q&A With Allianz Specialists

As COVID-19 vaccine distribution rolls out across the country, insurers of the pharmaceutical industry are in a position to share their...
 

ReSource Pro Acquires 2 Insurance Consulting Firms: Strategy Meets Action, Nolan

Insurance operations, analytics and process services firm ReSource Pro said it has acquired two strategic advisory and management...
 

More Capitol Hill Rioters Face Firings Back at Work

A printing company in Maryland saw the photo on Twitter Wednesday night: an employee roaming the halls of the U.S. Capitol with a company...
 

Levy to Retire as CEO of Munich Re US; Winter to Succeed Him

Steven Levy, the longtime president and CEO of Munich Re US, plans to retire on April 1. Munich Re executive Marcus Winter will replace...
 

Digital E&S Broker Pathpoint Offers Multiple Cyber Quotes to Retail Agents

Pathpoint, a digital excess and surplus lines insurance broker, said it is offering a new capability to independent retail agents: access...
 

Courts Allow COVID-19 Claims by Insureds With Policy Endorsements for Diseases

While insurers continue to win four out of five cases in early rounds, in the past month two property owners with policies that contained...
 

Workers' Comp Expansion for COVID-19 Led to Narrow Benefit in 6 States

While at least 17 states have passed laws or issued orders that expanded access to workers' compensation benefits for employees who contract...
 

CM Exclusive: Google's Insurance Strategy Could Be a Game Changer

The announcement that Dr. Henna Karna, formerly global chief data officer at insurer AXA XL, had been retained by Google...
 
More National News »
 
 
 
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East

 

Maine Salmon Product Company Denies Claims in Lawsuit

A Maine-based smoked salmon producer is defending itself against claims that its products are not sustainably produced. A New York...
 

IAT Insurance Group Hires Buffalano as Vice President in New Jersey Office

IAT Insurance Group, a provider of specialty property/casualty and surety products, has hired Joe Buffalano as vice president of...
 

High Street Insurance Partners Acquires Maryland's Day, Deadrick & Marshall

Lower-middle-market private equity firm Huron Capital's full-service insurance brokerage platform, High Street Insurance Partners, has...
 
More East News »
 
 
 
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Midwest

 

Legislation Aims to Strengthen North Dakota Seat Belt Law

A bipartisan group of lawmakers want to tighten North Dakota's seat belt law to allow police to pull over anyone they see driving...
 

World Insurance Associates Acquires Two Rivers Insurance in Iowa

World Insurance Associates LLC (WIA) has acquired Two Rivers Insurance Company Inc. (TRIC) of Burlington, Iowa. TRIC includes Two Rivers...
 

Clifford to Lead Risk Placement Services' Workers' Comp Programs in Michigan

Risk Placement Services (RPS), the E&S wholesale broker, managing general agency and program administrator, has appointed Joe Clifford to...
 

Hillebrandt Named Principal at Illinois' Pinnacle Actuarial Resources

Pinnacle Actuarial Resources Inc. (Pinnacle), a Bloomington, Ill.-based actuarial consulting firm, has named Aaron Hillebrandt a...
 
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Southeast

 

Zero Fire Deaths in 2020 in Savannah, Georgia for First Time in a Decade

Authorities in Georgia's oldest city say they saw no deaths from fires in 2020, the first time that's happened in a decade. The Savannah...
 

Rhodes Risk Advisors Acquires Atlanta-Based McEver & Tribble

Rhodes Risk Advisors, an independent insurance firm, has acquired McEver & Tribble, an independent insurance agency also based in...
 

Reliance Partners of Tennessee Promotes Shelton

Reliance Partners, a privately-held commercial insurance agency for the transportation and logistics industry, has promoted Missi Shelton...
 

North Carolina College Restores Women's Sports After Lawsuit Threat

East Carolina University is restoring two of its women's teams cut last spring for budget problems compounded by the COVID-19 pandemic,...
 
More Southeast News »
 
 
 
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South Central

 

Agent Standards Among Texas Windstorm Insurer's Legislative Proposals

In its recently published report to the legislature, the windstorm insurer of last resort for properties along the Texas coast has...
 

Tornado in Houston Suburb Damages Apartment Complex, Displaces 100s

A tornado swept through a portion of a city in suburban Houston, displacing about 500 people from a damaged apartment complex, officials...
 
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Business Income Insurance Demystified
 
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West

 

Crest Insurance Group Acquires Gates in Arizona

Crest Insurance Group LLC of Tucson Arizona has acquired Gates Insurance Inc. President Michael Gates and his staff have been serving...
 

High Street Acquires Partners Premier in Oregon

Private equity firm Huron Capital announced today that its insurance brokerage platform, High Street Insurance Partners, has acquired...
 

Liability Bill in Montana Would Limit Virus Litigation

A Montana Senate committee is considering a bill that would provide liability protection for businesses and health care providers against...
 

California Insurance Agents Arraigned in $687K Grand Theft Scheme

Licensed insurance agents Robert Farmer, 65, of Camarillo, Calif., and Marion Urcan, 67, of Agoura Hills, Calif., were arraigned this...
 
More West News »
 
 

International

 

Indonesian Divers Recover Sriwijaya Air's Flight Recorder

Indonesian Navy divers retrieved one of the black boxes of the Sriwijaya Air Boeing Co. jet that plunged into the Java Sea shortly after...
 

UK Supreme Court to Provide Judgment on Business Interruption Appeal on Jan. 15

The UK Supreme Court will on Friday hand down a judgment in a test case pitting the country's markets regulator against insurers over how...
 

UK Businesses Face Miles of Red Tape with New Brexit Border Rules

While the mile-long lines of trucks have dissipated at ports, UK businesses are waking up to less visible forms of friction at the border...
 

Arthur J. Gallagher & Co. to Acquire UK Broker The Bollington Wilson Group

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has signed an agreement to acquire 100% of...
 

Willis Towers Watson Launches Suite of Cyber Risk Management Assessments

Insurance broker Willis Towers Watson has introduced two new cyber risk assessment services - the Workforce Cyber Culture Assessment...
 

Hamilton's Lloyd's Operations Hires Ormes from Chubb, Mognetti from Acappella

Hamilton Insurance Group Ltd. announced two senior appointments in its Lloyd's operations, Hamilton Managing Agency Ltd. - Trevor Ormes...
 
More International News »
 
 
 
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Understanding Business Income
 
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Insurance Journal Blogs and Columns

 

One Catastrophic Failure to Manage Risks

Wednesday, January 6, 2021, was a historic day in the US. It could have been historic because the US Congress was voting to certify an...
 
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Research and Webinars

 
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7 Ways Insurers Should Use Technology to Augment Their Teams

For the Insurance industry, digital transformation has shifted from the 3 - 5 year plan to the 6 month plan. That transformation...
 
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Three Ways to Thrive as an Insurance Agent in a Hard Market

The hard market is here and shows no signs of slowing down. While this period of the insurance cycle is often known as being the...
 
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Seismic Changes Ahead for D&O Insurance Segment

AM Best expects that the Directors and Officers (D&O) segment will soon undergo radical changes based on an examination of...
 
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How are Insurtechs and Technology Influencing Distribution Strategies?

It has never been more evident that traditional paradigms no longer serve the insurance industry or its customers. To understand...
 
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

 

Ethics and Insurance Fraud

Posted: Thu Jan 7 -- A well meaning opinion. But the evidence does not connect ethical behavior and success. In fact, our business is filled with people who... Craig Winston Cornell
 

Biden's Choice for Labor Secretary — Boston's Mayor Walsh— Signals Pro-Worker Policy

Posted: Fri Jan 8 -- Trump is gone, Planet. Get a new Hate Target. And did you ever notice that American unions have almost disappeared in the private sector... Craig Winston Cornell
 

Earth Draws Closer to Climate Change Tipping Points After Another Year of Record Heat

Posted: Fri Jan 8 -- History will show that the very people who said they "believed" in climate change could never agree on the right tactics to confront it.... Craig Winston Cornell
 

1 in 100,000 Had Severe Allergic Reaction to COVID Shot: CDC

Posted: Thu Jan 7 -- Anyone who has argued they have significant safety concerns about the C19 vaccine have any evidence refuting this analysis that "it is a... Rosenblatt
 

South Dakota Gov. Orders Legal Challenge to Recreational Pot Measure

Posted: Mon Jan 11 -- Just one more reason (the other being banking regulations) why marijuana needs to be removed as a Schedule I drug on the federal level. Rosenblatt
 
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