Insurance Journal
 
 

Today's Headlines

 
March 16, 2021
 
Today's Headline Sponsor: Liberty Mutual and Safeco Insurance
 
 
 
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Grow your agency this year
 
Learn the top 10 insights and tactics from insurance agents and industry experts to help your insurance agency thrive this year and beyond.
 
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National

 

Ryan Specialty Group Files for IPO

Specialty insurance broker Ryan Specialty Group has filed a proposal with the Securities and Exchange Commission for an initial public...
 

Some States Still Weigh Mandating Business Interruption Coverage

Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies...
 

Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals

Warren Buffett's Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its...
 

Purdue Pharma Bankruptcy Plan Proposes Public Trusts to Settle Opioid Lawsuits

Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker...
 

Ride-Hailing Firms Uber, Lyft to Share Background Data on Deactivated Drivers

Uber Technologies Inc. and Lyft Inc. have created a program to share information about drivers and delivery people deactivated from their...
 

Marsh & McLennan Drops &

In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped the...
 

Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer

The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID or effectively vaccinated...
 
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Experts Expect Surge in Insurance Agency E&O Lawsuits in 2021

Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores in 2021....
 
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VC Viewpoint: The Insurance Carrier Is Back in Fashion

As money began to flow into InsurTechs back in 2014 and 2015, these companies essentially fell into two categories: You...
 
More National News »
 
 

Insurance Jobs

 

Investigative Researcher - PolicyFind - Remote

 

Client Manager, Commercial Insurance - Fred C Church - Lowell, MA or Portsmouth, NH

 

Personal Lines Customer Service – Call Center – REMOTE - Work At Home Vintage Experts - Remote

 

Commercial Lines Account Manager - Risk Transfer Insurance Agency - Orlando, FL

 

Regional Sales Manager - Countryway Insurance - Remote

 

Complex Claims Examiner - Security First Insurance - Ormond Beach, FL

 

Legal Assistant - Security First Insurance - Ormond Beach, FL

 
 
 

East

 

Maryland Senate Passes Measure to Fight Climate Change

The Maryland Senate voted Friday for a package of steps to fight climate change by planting 5 million trees over 10 years, increasing...
 

New York Suit Against EPA Over GE's Hudson River Cleanup Dismissed

A federal judge on Thursday dismissed a lawsuit from New York state against the federal Environmental Protection Agency over its 2019...
 

New Jersey Ice Cream Manufacturer Cited for Safety Hazards Leading to Amputations

Despite two severe amputation injuries in 2018 and 2020 on the same machine at a Lakewood, New Jersey, ice cream manufacturing plant, a...
 
More East News »
 
 
 
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Midwest

 

More than 10K Jobs Lost in North Dakota's Oil Patch Last Year

The coronavirus pandemic has had a significantly negative impact on North Dakota's oil and gas industry, resulting in the shedding of...
 

Topeka, Kansas, to Settle 2016 Police Crash Lawsuit for $335K

The city of Topeka, Kansas, has settled a lawsuit over a 2016 crash involving a police cruiser that left two people injured, according to...
 

Illinois Shipping Firm Cited, Fined $156K after Worker Suffers Severe Injuries

An Illinois-based container shipping company faces proposed penalties of $156,038 after an employee suffered a leg amputation and crushed...
 
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Southeast

 

Former Miami Insurance Agent Arrested, Again, For Unlicensed Activity

A former licensed insurance agent was arrested for the second time in Florida last month after allegedly selling insurance without a...
 

Florida Sheriff Accused of Violating Civil Rights through Intel Program

A federal lawsuit contends that a Florida sheriff is violating people's rights through an intelligence-based policing program that...
 

Florida Senate Weighs Legal Immunity Against COVID lawsuits

A measure that would shield businesses from COVID-related lawsuits could make it before the Florida Senate later this week, providing...
 

Alabama Orders Company to Quit Spreading Poultry Waste

Alabama authorities have ordered an out-of-state company to stop spreading poultry waste at one of its operations amid complaints about...
 
More Southeast News »
 
 
 
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7 New Classes Announced!
 
March webinars are now live for the Academy of Insurance. March offerings include workers' comp, E&O, and our ever-popular Master classes.
 
See Whole Lineup
 
Academy of Insurance
 
 
 
 

South Central

 

Who Will Pay for the Freeze and Subsequent Meltdown in Texas?

Today in Texas homes and businesses, the lights are on and clean water flows. But for one week in February, the entire state of Texas was...
 

Oklahoma House Unanimously Passes Cybercrime Bill

A bill to address a growing trend of cybercrime unanimously passed the Oklahoma House of Representatives on March 10 with a vote of 92 to...
 

Texas Medical Practice to Pay $375K in Religious Discrimination, Retaliation Case

A Texas-based medical practice that federal officials say subjected employees to religious discrimination and retaliation will pay...
 
More South Central News »
 
 
 
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West

 

Washington Ticketing Firm to Pay $9M in Restitution

Seattle, Wash., ticketing company Brown Paper Tickets has agreed to pay $9 million in restitution to an estimated 45,000 customers. The...
 

Earthquake Early Warning System Launches in Oregon

People in Oregon will be better prepared for earthquakes - particularly important in the Pacific Northwest because experts say "the big...
 

Disaster Loans Available for Drought Losses in Arizona Counties

The U.S. Small Business Administration has announced that small non-farm businesses in all 15 counties in Arizona may apply for...
 

California Workers' Compensation Institute Elects Board for 2021

Matthew Zender of AmTrust North America, who has served on the executive committee of the California Workers' Compensation Institute...
 
More West News »
 
 
 
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This book is your chance to sit down at a relaxing dinner with Larry Goanos and listen to him, and about 400 of his peers, friends, and rivals spin a few yarns.
 
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International & Reinsurance

 

Credit Suisse Investors Express Concern About Fallout from Greensill Collapse

ZURICH -- Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows over its relationship...
 

Credit Suisse Risk Officer Discovered in February Greensill's Insurance Would Expire

ZURICH - Credit Suisse's Chief Risk and Compliance Officer Lara Warner was not aware until late February that insurance related to...
 

Private Equity Firm BC Partners Nears Deal to Buy Insurance Service Company Davies

BC Partners is nearing a deal to acquire Davies in a transaction valuing the London-based insurance service company at about 1.2 billion...
 

Swiss Re Announces Net-Zero Climate Targets in Underwriting, Investments

Swiss Re announced new measures to support the transition to a net-zero economy by 2050, which encompass re/insurance underwriting, asset...
 

Hundreds of Flights Canceled During China's Worst Sandstorm in Decade

BEIJING - China's capital and a wide swath of the country's north were enveloped Monday in the worst sandstorm in a decade, leading to...
 

Insurance Industry Groups Join Forces to Help UK Career-Break Women Return to Work

Nine leading insurance industry businesses announced the creation of a program in the UK that will enable "career-break" professionals to...
 

TransRe CEO Sapnar to Step Down, Succeeded by Brandt

TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He'll stay on the job through April 30 to...
 

Miller Appoints Ex-Aon Executive Simpson as Head of Bermuda

London-based broker Miller has appointed Charlie Simpson to lead its new platform in Bermuda. Simpson, who joins as head of Bermuda, will...
 
More International & Reinsurance News »
 
 
 
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Research and Webinars

 
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Insurtech is rapidly changing how independent agents place commercial lines. Find out how.

Historically, it's been difficult for independent agents to profitably place commercial lines, but insurtech is quickly changing...
 
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How Has COVID-19 Impacted Workers' Compensation

As a retail broker, you have likely addressed some tough pandemic-related questions from your business clients – from...
 
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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...
 
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What is the Next Normal? Tips and Tools to Grow, with Steve Anderson

Watch Now On Demand: As an independent agent, navigating through the insurance industry can be frustrating, especially in an...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP.9: Memory Lane: Returning to the Early Days of Cyber Coverage

With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving an...
 
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Diversity, Resilience, Innovation: Altmaier's NAIC Priorities for 2021

Florida insurance chief David Altmaier has a busy year ahead, and it won't just include...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Call Center Agent Looking for Advice

Posted: Wed Mar 10 -- Thank you both so much for your advice. I truly appreciate it, all of your insight is incredibly valuable. Wabisabi
 
Go To Forums »
 
 

Reader Comments

 

Insurance Agents on the Front Line of Florida's Mounting Property Market Problems

Posted: Thu Mar 11 -- The "Unholy Quartet" of public adjusters, attorneys, water damage restoration contractors and roofers have absolutely and completely... Tiger88
 

Carrier Can't Subrogate Against Students Who Caused Dartmouth Dormitory Fire

Posted: Fri Mar 12 -- I think the judge got it wrong. The insurance company should have the right to subrogate if the school didn't waive the right to subrogation... Oh Goody
 

How Everybody Ends Up Paying for Climate Crisis

Posted: Mon Mar 15 -- deep freeze and global warming in the same article. Thats gov for ya. Jack
 

California Commissioner Says Insurers Overcharged Drivers During Pandemic

Posted: Thu Mar 11 -- I guess rates will now be determined by a seriously partisan commissioner, wonder how many companies will finally realize that California is... Bond
 

Arizona High Court Rules Man Can Sue for Privacy Breach

Posted: Wed Mar 10 -- Although what the Costco pharmacist did was dysfunctional, I believe Costco should be able to erect a reasonable defense and avoid a stiff... Jimbo
 
Go To Popular Comments »
 
 
 
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