Insurance Journal
 
 

Today's Headlines

 
June 29, 2021
 
Today's Headline Sponsor: Smart Choice
 
 
 
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Clusters vs Aggregators vs Networks
 
The words are used interchangeably in the insurance industry, but are they really the same thing? No! Here's what you need to know.
 
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National

 

Wall Street, Tech Firms Fear SEC Climate Disclosure Will Trigger Lawsuits

The U.S. Securities and Exchange Commission may make corporations reveal more about climate risks in key regulatory filings, a push that...
 

Drug Industry Faces First High-Stakes Opioid Jury Trial

Jurors on New York's Long Island are set to determine whether a group of opioid makers and drug distributors created a public health...
 

How Technology Can Be Used to Lessen the Damage from Natural Disasters

In 2020 alone, more than 10.3 million acres were burned by wildfires across the United States, a level three times higher than the...
 

COVID-19 Vaccines Promise Long Lasting Immunity: Washington University Research

The first two COVID-19 vaccines authorized for emergency use by the Food and Drug Administration (FDA) employed a technology that had...
 

Digital E&S Broker Pathpoint Raises $30 Million

Pathpoint, a digital excess and surplus lines insurance brokerage, reported that it has raised $30 million in funding. Investors include...
 

Royal Caribbean Cruises Requiring Travel Insurance for Unvaccinated Passengers

Royal Caribbean, which has restarted its cruises, said it is requiring that unvaccinated guests age 12 and older sailing from Florida...
 
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NCCI: Workers' Comp Segment Remained Strong During 2020 Pandemic

Because of job losses and shrinking payrolls during the pandemic recession, the workers' compensation industry's net written premium dropped...
 
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InsurTech Lessons: Take 3

Back when Carrier Management first interviewed InsurTech Founder Scott Walchek about his company...
 
More National News »
 
 
 
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Mortgage Guaranty Insurer For Sale
 
Domiciled in Arizona, widely licensed in 48 states & the District of Columbia. Only a small book of New York business remaining with strong loss reserve.
 
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PMI Insurance Co.
 
 
 
 

East

 

Drug Industry Faces First High-Stakes Opioid Jury Trial

Jurors on New York's Long Island are set to determine whether a group of opioid makers and drug distributors created a public health...
 

Penn. Manufacturing Company, Owner Sued for Firing Worker Over Safety Concerns

The U.S. Department of Labor has filed suit against a Pennsylvania paper products manufacturing company and its owner after they fired a...
 

Rhode Island Senate Approves Legalizing Marijuana for Adults

The Rhode Island Senate approved legalizing recreational marijuana use for adults, marking the first time either chamber of the state...
 

People Moves: Integris Group's Votta, Risk Strategies' Pincus, VFBMIC's Brown Promoted

Integris Group Promotes Votta to Vice President of Actuarial Services Integris Group, formerly named CMIC, a member-owned medical...
 
More East News »
 
 
 
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Personal Umbrella Specialists
 
Personal Umbrella as low as $198. Price varies by state, excludes taxes and fees. LIC #0323106. 800 W. Colorado Blvd, Los Angeles, CA 90041.
 
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Anderson & Murison, Inc.
 
 
 
 

Midwest

 

Heavy Rains Causing Missouri Rivers to Rise, More Rain Possible

Missouri's rivers are rising, and with heavy rain possible through most of the week, parts of the state are under flood warnings and...
 

Missouri County to Pay $280K to Journalists Tear-Gassed in Ferguson

Three journalists with Al Jazeera who were tear-gassed during a protest in Ferguson, Missouri, after Michael Brown's death in 2014 have...
 

South Dakota Lawmakers, Cities Making Their Own Marijuana Plans

As South Dakota anticipates a state Supreme Court decision on whether recreational marijuana will become legal in July, state lawmakers...
 

Ex-Player Sues Chicago Blackhawks; Alleges Sexual Assault by Assistant

An unidentified former Chicago Blackhawks player says in a lawsuit against the team that a then-assistant coach sexually assaulted him in...
 

Severe Storms, Flooding in Michigan; Tornadoes in Indiana

Residents in the Detroit area were cleaning up June 27 after flooding in the area overloaded sewer systems, damaged homes and knocked out...
 
More Midwest News »
 
 
 
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Southeast

 

Florida Legislature Sends No-Fault Auto Insurance Repeal Bill to Governor

The Florida legislature has sent an auto insurance measure (Senate Bill 54) to Gov. Ron DeSantis, who must now decide whether to sign or...
 

E-Cigarette Maker Juul to Pay $40M to Settle North Carolina Suit Over Youth Marketing

E-cigarette maker Juul Labs Inc. has agreed to pay $40 million to North Carolina to settle a lawsuit by the state accusing it of...
 

Deaths Toll from Florida Condo Collapse Rises; Investigation Into Cause Continues

Search-and-rescue teams pulled two more bodies from the concrete and steel rubble of a partially collapsed Florida condominium tower on...
 

Danny Is No Longer a Tropical Storm as It Moves Over Georgia

The National Hurricane Center has withdrawn yesterday's tropical storm warning. Tropical Storm Danny has weakened as it travels inland...
 
More Southeast News »
 
 

Insurance Jobs

 

Statutory Consultant - SS&C Technologies, Inc. - Remote

 

Insurance Sales Representative - Brightway Insurance - Jacksonville, Florida (remote applicants in Florida and Georgia may be considered)

 

Commercial Insurance Sales Executive or Producer Trainee - Landscape Contractors Insurance Services, Inc. - California

 

Personal Lines Umbrella Underwriter - Insurance Company - Work At Home Vintage Experts - Remote

 

Social Media Manager - AdjusterTV - Remote

 
 
 

South Central

 

Louisiana Lawmakers Eyeing Hurricanes Tackle Water System Upgrades

Spurred by recent hurricanes and a rare winter storm that demonstrated the frailty of Louisiana's public water supply, lawmakers have set...
 

Louisiana State Police Cling to Crash Theory in Black Man's Fatal Arrest

More than a year and a half after Louisiana state troopers were captured on body camera video brutalizing Black motorist Ronald Greene...
 
More South Central News »
 
 

West

 

California Workers' Comp Insurer Losses and Expenses $12B for 2020

The Workers' Compensation Insurance Rating Bureau of California has released its latest report on workers' comp losses and expenses for...
 

Wildfire Resilience Efforts Are Improving: Triple-I Panelists

Panelists convened by the Insurance Information Institute and ResilientH20 Partners agreed that resilience is building due to...
 

Wildfire Risk Creeping Higher in Montana Parks

The risk of wildfires is growing with more warm, dry weather in Yellowstone and Grand Teton national parks. The fire danger in...
 

Washington Dry-Cleaner Owner Accused of Faking Injury in Workers' Comp Case

The owner-operator of an Olympia, Wash., dry cleaning business faces a felony charge alleging he stole workers' compensation benefits by...
 
More West News »
 
 

International & Reinsurance

 

Central London Could Lose as Many as 835,000 Jobs to Remote Working: Report

Central London could lose as many as 835,000 jobs in the aftermath of the COVID-19 pandemic, with employees in service industries...
 

EU to Update Workplace Safety Rules, Reflecting Shift to Home Working During COVID

BRUSSELS - The European Commission plans to update its rules on worker safety to reflect the shift millions employees made to working...
 

EU Permits Free Flow of Data with UK to Avoid Violations of Its Strict Privacy Rules

The European Union gave its formal blessing to a decision guaranteeing the free flow of data between the bloc and the UK. The European...
 

BHSI Introduces D&O Liability and Professional Indemnity Policies in Ireland

Berkshire Hathaway Specialty Insurance (BHSI) announced it has added to its customized suite of directors & officers (D&O) liability and...
 

Swiss Re's iptiQ and German Real Estate Platform Launch Digital Loss-of-Rent Cover

Swiss Re's iptiQ and ImmoScout24, Germany's leading online real estate platform, are launching a loss-of-rent insurance product, which...
 

Wilson to Succeed Stovin as President of Markel International

Markel Corp. announced that Simon Wilson will become the next president of Markel International, a wholly owned subsidiary. He will...
 

People Moves: Swiss Re's Render to Peak Re; Aon's Denbigh to TigerRisk's Retro Unit; Price Forbes' Fox to Oneglobal

The following international People Moves provides details of appointments at reinsurer Peak Re and two brokers, TigerRisk and Oneglobal....
 
More International & Reinsurance News »
 
 

Research and Webinars

 
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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...
 
research

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...
 
research

Commercial auto loss results have worsened in recent years

Video and telematics technology can be a significant benefit to your clients. Understanding the true value of technology...
 
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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...
 
research

Rethink and improve underwriting and claims processes with data.

This compelling report by Harvard Business Review Analytic Services on the Future of Customer Experience in Insurance addresses...
 
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...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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