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Today's Headlines

 
June 22, 2021
 
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National

 

Regulator Objects But Court Clears Bid for $200M From Liquidated Insurer's Owners

Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint group of insurance...
 

SEC Looking Into Whether Firms Failed to Disclose Effects of SolarWinds Cyber Breach

The U.S. Securities and Exchange Commission (SEC) has opened a probe into last year's SolarWinds cyber breach, focusing on whether some...
 

Ryan Specialty Group Registers with SEC for IPO up to $100M

The Chicago-based specialty wholesale brokerage Ryan Specialty Group has filed with the Securities and Exchange Commission (SEC) for a...
 

Supreme Court Adds Check on Patent Tribunal Judges, Giving Director Review Power

The U.S. Supreme Court on Monday allowed a U.S. Patent and Trademark Office tribunal that has gained a reputation for canceling patents...
 

Assessing Options for Managing the Risks and Insuring Communicable Diseases

Within weeks, it had all changed. As a pandemic spread and took root in an unprepared world, many organizations were finding out that...
 

Beazley Introduces Digital Map to Navigate Telehealth Regulatory Landscape

Specialist insurer Beazley is now offering the telehealth sector a new tool designed to help navigate the complex digital health...
 

People Moves: Liberty Mutual Appoints Key Executives; Langwell Announces Retirement

Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments. "Today's...
 

Fitch: Rising D&O Premiums, Rate Hikes Not Enough to Reverse Loss Trend

Record premiums haven't been enough to reverse U.S. directors and officers (D&O) insurers' underwriting losses, and the sector will...
 

Cyber Underwriting Changes: Is It Too Little, Too Late?

With primary rate changes approaching 50 percent and underwriting questions about network controls becoming more and...
 
More National News »
 
 
 
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Featured Events

 
Underwriting Europe 2021

Underwriting Europe 2021

June 28 / Virtual
 
InsureTech Connect

InsureTech Connect

October 4 / Las Vegas, NV
 
 
 

East

 

Judge Rules in Favor of New Hampshire Hotel Group in Insurance Dispute

A judge has ruled in favor of a group of hotels whose owners sued their insurance carriers over lost business during the coronavirus...
 

ShoreOne Insurance Managers Announces Entry into New Jersey

ShoreOne Insurance Managers Inc. is launching its admitted, residential homeowners policy with full flood insurance protection in New...
 

People Moves: Merchants' Lasante Promoted; New Hires at AAU, Ascot

Merchants Insurance Group Promotes Lasante in New England Office Merchants Insurance Group has promoted Regional Underwriting Manager...
 
More East News »
 
 
 
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Midwest

 

Seeking More Money, Cities Opt Out of Indiana's Suits Against Opioid Makers

Several Indiana cities have opted out of the state's pending lawsuits against opioid manufacturers and distributors, reasoning that they...
 

Illinois Casualty Gets AM Best Ratings Upgrade

AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term...
 

Severe Storms, Tornadoes Cause Damage in Iowa, Missouri, Ohio

A tornado damaged several buildings and knocked down power lines and trees in eastern Iowa Sunday night; a tornado near the Ohio-Indiana...
 
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Southeast

 

Tennessee Mining Company Accused of Firing Employee Over Safety Complaints

Federal regulators have brought a complaint against a zinc mining company, claiming that an employee in Tennessee was illegally fired for...
 

North Carolina Looks to Protect Outer Banks Highway from Storms, Sea Level Rise

A task force has been formed with the aim of saving the main highway on North Carolina's Outer Banks from storms, erosion and sea level...
 

Georgia Fire Marshal Report on Warehouse Fire Cites Pellet Stacks, Low Water Pressure

The size of wood pellet stacks and low water pressure may have contributed to a spectacular blaze that burned for days in May at a...
 
More Southeast News »
 
 
 
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South Central

 

Mercury Launches Usage-Based Car Insurance App Oklahoma

Mercury Insurance has made its usage-based insurance app, MercuryGO, available to drivers in Oklahoma. The app acts as a virtual driving...
 

Oklahoma City Doc Pays $325K to Settle Civil Penalty Claims

An Oklahoma City physician has paid more than $300,000 to settle civil penalty claims related drug abuse prevention and control laws, the...
 

Louisiana Gov.: $176M Now Available from FEMA for Laura, Delta Aid

Louisiana parishes recovering from two hurricanes that struck last year are now in line to get a total of more than $176 million from the...
 
More South Central News »
 
 
 
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West

 

Regulator Objects But Court Clears Bid for $200M From Liquidated Insurer's Owners

Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint group of insurance...
 

Firefighters in California Working to Contain Large Wildfire

California's weather moderated after a long siege of extreme heat but firefighters still faced the difficult task of trying to contain a...
 

City in New Mexico Suing Companies Over Lighting on Problem-Plagued Bus Route

New Mexico's largest city has sued companies involved in the design and construction of a rapid transit system over light fixtures that...
 

People Moves: Island Insurance Promotes Tonaki to VP in Claims; PCF in Utah Names Stradling VP of Finance

Island Insurance Co. has promoted Toby Tonaki to vice president, claims. Tonaki will continue to oversee the claims division's casualty...
 
More West News »
 
 

Insurance Jobs

 

Social Media Manager - AdjusterTV - Remote

 

Chief Deputy Insurance Commissioner - Office of Insurance Commissioner - Tumwater, WA

 

Customer Service Representative - Quilty, Dwyer & Larkin - Kingston, NY

 

Senior Accountant - Incline Insurance Group - Austin, Texas

 

Commercial Account Manager - Transportation Heavy Accounts - SWZ Insurance - Fort Worth, TX

 
 
 

International & Reinsurance

 

Europe's Insurers Expect Robust M&A Activity and Strong Earnings in 2021: Moody's

Europe's insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along...
 

Budweiser Insurance, Eh? Beer Maker Taps Into Canadians' Love for BBQs

The "king of beers"--Budweiser-- is venturing into the Canadian insurance industry with the launch of Budweiser Insurance. The major...
 

Generali Agrees to Buy AXA's Malaysian P/C and Life Insurance Units

MILAN/PARIS/KUALA LUMPUR - Italy's top insurer Generali has agreed to buy AXA's insurance assets in Malaysia and take full ownership of a...
 

Accenture Invests in Swiss Digital Payments Company Imburse

Accenture has invested in Imburse, a cloud-based, payments-as-a-service enterprise platform that simplifies the way businesses access the...
 

BHSI Launches Energy & Technical Lines Casualty Products in UK with Dedicated Team

Berkshire Hathaway Specialty Insurance (BHSI) announced it has launched Energy and Technical Lines Casualty products in the UK and...
 

AXA Partners with Hong Kong Broadband Network to Offer Homeowners Insurance

Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an "All-in-One Home Kit," complete with fiber broadband service and...
 

People Moves: Howden Australia Hires 3 from Marsh; Strategic Risk Solutions Appoints Schons in Luxembourg; Quinn Promoted at Liberty Specialty

These international People Moves include recent appointments at Howden Australia, which hired three people from Marsh; a new hire at...
 
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Research and Webinars

 
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Discover how to address the emerging risks challenging your nonprofit clients

Discover forward-thinking approaches to address the emerging risks challenging your nonprofit clients and prospects. Nonprofits...
 
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Discover ways to help your commercial auto clients control losses

Loss control is one of the most underutilized services by agents and brokers in the commercial auto industry.  Understanding...
 
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Mold: Dangerous, destructive and costly to your policyholders

Indoor mold is potentially dangerous and destructive – you don't want it in your home or business! Mold is found everywhere...
 
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OSHA Top 10 for Brokers

Brokers, help your insureds avoid the most frequently cited violations. OSHA citations. They're rampant, they hide in plain...
 
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Addressing Professional Liability Risks for CPA Firms

With today's expanding technology and issues surrounding audits, cybersecurity, regulatory & tax reform challenges as well...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 26: Higher Sales Were Great, but Now Auditable Policies Are Surprising Cannabis Companies

Ever get a surprise bill in the mail? One where you suddenly owe more money than you thought...
 
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EP. 16: How Insurtechs Are Helping Insurers Bridge the Digital Divide

As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been...
 
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