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Today's Headlines

 
May 11, 2021
 
Today's Headline Sponsor: Safety National
 
 
 
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National

 

Ransomware Attack on Colonial Again Shows U.S. Ignores Warning After Warning

The ransomware attack that shut down the nation's biggest fuel pipeline prompted an all-too familiar question in the corridors of power...
 

Carriers Struggle To Transform Innovation Efforts Into Results: AM Best

Although COVID-19 forced many insurers to seek out innovative solutions, most companies still have room for improvement, according to...
 

Overtime, Flexibility, Automation Among Challenges in Pandemic Labor Reshuffle

If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job and family...
 

Highland Insurance Solutions Launches Admitted Builders Risk Coverage

Managing general agent Highland Insurance Solutions has launched a builders risk product available on admitted paper for construction...
 

Colonial Pipeline Ransomware Attackers Say They Seek Cash, Not Chaos

The ransomware gang accused of crippling the leading U.S. fuel pipeline operator said on Monday that it never meant to create havoc, an...
 

U.S. Offered No Advice on Whether Colonial Pipeline Should Pay Pay Ransom

The White House declined to weigh in Monday on whether companies that are hacked like Colonial Pipeline should pay ransom to their...
 

Back in Business: Insurance Pros Ready to Aid Small Business Recovery

It's been a tough road for small businesses, with a vast majority reporting they lost revenue during the past year because of the...
 

In a Hard Market, Agents Must Meet the Excess E&O Challenge Head On

Brokers are caught between a rock and a hard place when it comes to arranging excess E&O cover for their professional clients. This is...
 

Wildfire Risk Plummets With 10 Feet of Defensible Space: Study

Wildfire risk across the western United States has become a challenging issue for the insurance industry. Heightened...
 
More National News »
 
 
 
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Featured Events

 
Commercial Lines Innovation USA

Commercial Lines Innovation USA

May 18 / Virtual
 
 
 

East

 

Connecticut Utilities Face Steep Fines for Storm Failures

Connecticut regulators on Thursday proposed a $30 million fine for Eversource and a $2.1 million fine for United Illuminating for what...
 

Massachusetts Sues Marketing Firm for Role in Opioid Crisis

Massachusetts' top prosecutor on Thursday sued a global marketing company that she alleges played a role in fueling the opioid epidemic....
 

People Moves: MEMIC Names Three to Leadership Roles; USG Hires Starr

MEMIC Names Three Underwriting Territory Managers In its plan to continue profitable growth of its workers' compensation business along...
 
More East News »
 
 
 
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Midwest

 

North Dakota Workplace Death Rate Among Highest in U.S.

An annual report using data from the U.S. Bureau of Labor Statistics shows North Dakota's rate of workplace deaths remains among the...
 

Court: Parts of Black Ex-Iowa Football Players' Discrimination Lawsuit Can Proceed

A federal lawsuit brought by a group of former Iowa football players alleging staff members mistreated Black players will move forward,...
 

Minnesota Lumber Firm to Pay $100K in Disability Discrimination Suit Settlement

A Minnesota lumber company has agreed to pay $100,000 to resolve a disability discrimination lawsuit, federal authorities say. The...
 
More Midwest News »
 
 
 
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Southeast

 

Miami Construction Co. Owner Arrested in $88K Workers' Comp Fraud Scheme

A construction company owner was arrested in Florida this month for workers' compensation premium fraud and grand theft for allegedly...
 

Kentucky Gov to Relax Virus-Related Capacity Limits on Businesses, Events

Kentucky Gov. Andy Beshear on Thursday laid out the next phase for relaxing pandemic-related restrictions and said he hopes to lift any...
 

Multiple People Hurt in Boat Explosion on Georgia's Lake Lanier

Multiple people were hurt, some seriously, when a boat exploded Sunday on Lake Lanier, authorities said. Game wardens responded around...
 

People Moves: Chubb's Goldie Joins IAT; Diaz-Padron Appointed to LAAIA Board; Comer to Lead MEMIC's Southeast Region

Chubb's Goldie Joins IAT Insurance Group as SVP, Moving & Storage, Distribution Strategy IAT Insurance Group, a provider of specialty...
 
More Southeast News »
 
 
 
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8 New Classes Announced!
 
May webinars are now live for the Academy of Insurance. May offerings include New Classes from Dr. Brenda Wells and Chris Burand plus our favorite and least favorite Commercial Property endorsements.
 
See Whole Lineup
 
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South Central

 

Two Bills Relating to Auto Insurance Claims Practices Advance in Texas

The Texas House of Representatives recently advance two pieces of legislation that address claims arising out of vehicle accidents. House...
 

Nearly $748M in Texas Surplus Lines Premiums Reported in April

The Surplus Lines Stamping Office of Texas (SLTX) says recorded $747.99 million in surplus lines premium in April, an amount representing...
 

Texas Crash Deaths Among Unbuckled Motorists Rose in 2020

Texas saw a spike in the number of traffic crash fatalities of people not wearing a seat belt last year, state transportation authorities...
 
More South Central News »
 
 
 
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West

 

California Wildfire Victims See Little Payout from PG&E Settlement

A trust approved by a federal judge to help compensate victims of deadly California wildfires sparked by Pacific Gas & Electric equipment...
 

Sheriff's Employee Awarded $60K in Settlement in California Sex Harassment Suit

A San Diego sheriff's department employee who sued the county and a former assistant sheriff over sexual harassment allegations was...
 

Man Faces Arson Charges After $1M in Damage to Oregon Storage Units

A man faces arson and criminal mischief charges after a fire at a storage facility near the Salem Municipal Airport in Oregon on Monday...
 

Former California Agent Arraigned for Allegedly Stealing Insurance Payments

Formerly licensed insurance agent Danny Raymond Armenta, 48, of Clovis, Calif. was arraigned on Monday in Fresno Superior Court on...
 
More West News »
 
 
 
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International & Reinsurance

 

Britain's Financial Regulator Opens Investigation Into Greensill Collapse

Britain's Financial Conduct Authority said on Tuesday it was formally investigating the UK operations of collapsed supply chain finance...
 

UK Sees Surge in Cyber Scams Using Bogus Websites in 2020

Criminals launched more websites to trick people into giving up data, downloading malware and sending them money during 2020, taking...
 

French Court Throws Out Lawsuit for 'Agent Orange' Damage During Vietnam War

PARIS - A French court on Monday threw out a lawsuit by a French-Vietnamese woman against more than a dozen multinationals that produced...
 

Apple Faces UK Lawsuit over Claims It Overcharged 20 Million App Store Users

Apple Inc is facing a London lawsuit over claims it overcharged nearly 20 million UK customers for App Store purchases, yet another legal...
 

Canada's Riverview Insurance Solutions Merges with Sterling Capital Brokers

Riverview Insurance Solutions (RIS), the Alberta, Canada-based middle-market benefit consulting firm, announced it will merge with...
 

AXIS Re Appoints New Division Leaders

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings Ltd., announced appointments within its leadership team,...
 

Insurer UK Club Says Suez Canal Ship's Reduced Claim Is Still Too Big

CAIRO - UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made...
 
More International & Reinsurance News »
 
 
 
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Insurance Jobs

 

P&C LICENSED CUSTOMER SUCCESS REPRESENTATIVE FOR INSURTECH STARTUP - Thimble - Fully Remote in USA

 

Medical Stop Loss Marketing Representative - USBenefits Insurance Services, LLC - Remote / Irvine, CA

 

Commercial Lines Account Executive - Guaranteed Rate Insurance - Remote

 

Personal Lines Senior Account Executive - Guaranteed Rate Insurance - Remote

 

Insurance Advisor - Rivian Insurance Services - Bloomington, IL or Normal, IL

 
 
 

Insurance Journal Blogs and Columns

 

Business Income and the Supposed Ambiguity of "...Direct Physical Loss of or Damage To..."

We thank friend of the Academy, Christopher J. Boggs for this guest post. Courts are being asked to decide whether the phrase, "direct...
 
More Blogs »
 
 

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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Risk Management Checklist

Businesses choose to work with brokerage firms that make them smarter, protect them from risk, and generally, make life easier....
 
research

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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5 Areas to Assess Loss Controls with Commercial Auto Clients

Loss control is one of the most underutilized services by agents and brokers in the commercial auto industry.  Understanding...
 
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Drive higher-value outcomes for your commercial auto clients

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

Insurance Journal TV

 
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Hyper-Personalize Insurance

If you're interested in hearing from a fresh startup insurtech that is all about distribution...
 
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EP. 23: Tribal Cannabis Insurance is a Difficult, but Promising Space

Tribal cannabis could turn out to be a space that expands on par with casino businesses on...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Question On Agency Salary Survey

Posted: Tue May 4 -- Hi all, I just downloaded the Agency Salary Survey yesterday and was curious if anyone knew, does the average compensation shown include... Camaroon83
 
Go To Forums »
 
 

Reader Comments

 

Workers Refusing Covid Vaccine Could Lose Their Jobs

Posted: Wed May 5 -- "I believe that it’s illegal to mandate a vaccine when it is under Emergency Use Authorization from the FDA,” one friend wrote." The... John Dough
 

'Vaccine Passport' Apps Gaining Traction in Airports, Live Events

Posted: Wed May 5 -- even if vaccine injuries are very rare, coercing people into taking it is so unethical as some people will be severely injured who may have... ben
 

Ohio Bill Would Ban Drivers from Holding Phones, Devices

Posted: Wed May 5 -- A. The law will have little impact on observed behavior. B. Senate President Matt Huffman builds a strawman argument about the law... John Dough
 

Block Britain From Cross-Border Court Pact, Says EU

Posted: Wed May 5 -- Sometimes, the majority gets what it votes for. The citizens of the U.K. got to vote on Brexit twice, so they had more than enough time to... John Dough
 

Florida Legislature Passes Major Changes to Auto, Property Insurance Markets

Posted: Wed May 5 -- The insurer doesn't say, in all cases they hire an outside adjuster to look at the roof. Your 19 year old roof is at the end of its life in... WPE Adjuster
 
Go To Popular Comments »
 
 
 
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