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May 4, 2021
 
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National

 

Rare Covid-19 Vaccine and Treatment Injury Victims Look to U.S. Fund

High school senior Emma Burkey received her "one and done" Johnson & Johnson coronavirus vaccine on March 20, and within two weeks was in...
 

Insurance, Tech Stocks Outpacing Insurtechs in 2021: HSCM Index

Stock prices of 18 U.S. insurtechs that went public in the last decade soared as a group in 2020. But so far in 2021, large non-insurance...
 

Employers, Insurers See Virtual First-Care Medical Visits Becoming Routine

Make telemedicine your first choice for most doctor visits. That's the message some U.S. employers and insurers are sending with a new...
 

Gig Firms Know How to Fight to Save Their Business Model

Uber, Lyft and other gig-economy companies face a new challenge from the Biden administration to their use of contract workers, but as...
 

Introducing Rebranded EverSports & Entertainment From Everest Insurance

Everest Insurance announced that its sports, leisure and entertainment division, previously known as Specialty Insurance Group (SIG ),...
 

Core Specialty, DUAL to Offer Primary, Excess Professional Liability Coverage

Core Specialty Insurance Holdings, Inc. and its subsidiaries has formed an underwriting arrangement with DUAL Commercial, LLC to provide...
 

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...
 

How Increasing M&As Will Reshape P/C Insurance

At the outset of the coronavirus pandemic last year, some insurance industry analysts predicted that the crisis and its...
 
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East

 

Federal Grant to Bolster Merrimack River Against Floods, Pollution

A $250,000 federal grant aims to protect the Merrimack River, which provides drinking water to over 600,000 people. The grant will...
 

AM Best Upgrades Union Mutual Rating to Excellent with Stable Outlook

AM Best has upgraded the financial strength rating to A (excellent) from A- (excellent) and the long-term issuer credit ratings to "a"...
 

People Moves: Towne's Skinner, RT Specialty's Reynolds Promoted; Buckle Hires Two

Towne Financial Services Group Promotes Skinner to President, CEO Towne Financial Services Group (TFSG) has promoted Brian K. Skinner to...
 
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Midwest

 

Hub Acquires Assets of Illinois' Cooper & Allison Insurance and Russel J. Kobel

Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of Cooper & Allison Insurance Agency LLC...
 

S.D. Neurosurgeon, 2 Companies Settle Kickback, Fraud Allegations for $4.4M

A South Dakota-based former Sanford Health neurosurgeon and two medical device distributorships that he owns will pay $4.4 million to...
 

Cooper to Chief HR Officer at Oswald Cos.; Powers Now Assistant Controller at Rockford Mutual

Oswald Companies Oswald Companies in Cleveland, Ohio, has appointed Deborah Cooper to the position of chief human resources officer....
 
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Southeast

 

Storms Spawn Tornadoes Across Southeast, Damage Reported in Mississippi

Multiple tornadoes were reported across Mississippi on Sunday, destroying homes and uprooting trees before the storm system moved into...
 

Crews Battle Large Warehouse Fire at Georgia Wood Pellet Plant

Firefighters in coastal Georgia are battling a large fire that ignited inside a warehouse filled with wood pellets. The blaze erupted...
 

Storm That Damaged 32 Homes in Tennessee Was Tornado

The National Weather Services said a violent storm that damaged more than 30 homes in Tennessee last week was an EF-1 tornado, The Paris...
 

Liberty Company Insurance Brokers Partners with Darr Schackow Insurance of Florida

The Liberty Company Insurance Brokers has partnered with Gainesville, Fla-based Darr Schackow Insurance. DSI's 55 employees and four...
 
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South Central

 

Texas Motorcyclist Crash Deaths Up by 17% in 2020

Despite less traffic on the road in 2020 and a 2% reduction in motorcycle crashes, there was a 17% increase in Texas motorcycle...
 

Texas Mutual to Distribute $330M in Policyholder Dividends

Workers' compensation insurer, Texas Mutual Insurance Co., will distribute $330 million in policyholder dividends in June, the company...
 

Louisiana State Roadways Finally Cleared of 2020 Hurricane Debris

Eight months after Hurricane Laura devastated southwest Louisiana, the state transportation department has finished removing storm debris...
 
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West

 

ShakeAlert Earthquake Warning System Goes Live in Washington

Washington residents will have new tool to help keep them safe when an earthquake strikes on Tuesday when the ShakeAlert Earthquake Early...
 

Driver in California Crash That Killed 9 Was Drunk, Report Shows

The driver of an SUV involved in a central California crash that killed nine, including seven children, was drunk and didn't have a...
 

Phone Scammers Using Wyoming Information Breach as Advantage

Telephone scammers are trying to take advantage of an accidental Wyoming Department of Health data release affecting over a quarter of...
 
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International & Reinsurance

 

European Commission Delays Aon-Willis Decision Until August

The European Commission competition panel has moved its decision date for the Aon-Willis Towers Watson merger by five business days from...
 

Beat Capital Launches Tegron Specialty for D&O; Names Navigators' Shore CEO

LONDON - Beat Capital Partners Ltd. , along with industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that...
 

Nurse Shortage Is Latest Obstacle for Tokyo Olympic Games

TOKYO - Some nurses in Japan are incensed at a request from Tokyo Olympic organizers to have 500 of them dispatched to help out with the...
 

S&P Forecasts Global Islamic Financial Industry Growth

The $2.2 trillion global Islamic finance industry is expected to grow 10%-12% over 2021-2022 due to increased Islamic bond issuance and a...
 

Swiss Economy in Position to Bounce Back Strongly: KOF Institute

ZURICH - The Swiss economy will bounce back strongly from its pandemic slowdown, the KOF institute said on Friday, as its forward-looking...
 

India's Choice Group Launches Digital Insurance Marketplace ISMOS

India's Choice Group has launched an insurance aggregator platform called ISMOS that will offer life, health and general insurance....
 
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Insurance Jobs

 

Accounting & Financial Reporting Manager - Premier Careers, Inc. - Davenport, IA

 

Personal Lines Customer Service Representative (CSR) or Account Manager - REMOTE - Work At Home Vintage Experts - Remote

 

Commercial Lines Underwriter - Insurance Company - REMOTE - Work At Home Vintage Experts - Remote

 
 
 

Insurance Journal Blogs and Columns

 

The Personal Touch: The Agent-Client Connection in a Digital World

This post is part of a series sponsored by ITC (Insurance Technologies Corporation). I like to say that I want to have a person in my...
 
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Research and Webinars

 
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COVID-19 Impact: Guide to Insuring Emerging Risks Facing Nonprofits

Discover forward-thinking approaches to address the emerging risks challenging your nonprofit clients and prospects. Nonprofits...
 
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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...
 
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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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Learn how insurtech is solving common issues for independent agents.

Historically, it's been difficult for independent agents to profitably place commercial lines, but insurtech is quickly changing...
 
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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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Insurance Journal TV

 
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EP. 22: If The 'Vape Crisis' in Cannabis Taught Us One Thing, It's That It's Never Too Soon to Think About Long-Tail Risks

Aside from the vape crisis that never rose to the level of a true crisis for the cannabis...
 
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EP. 12: Social Engineering Risks Rising, but Cyber Coverage Still Lacks

The COVID-19 pandemic has upended the work environment in many ways, and cyber experts say one...
 
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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
 

What's the best Cluster/Agent Network to Join (Florida)

Posted: Fri Apr 23 -- hello Josh i read your post today. did you find anyone to work with ? i'm now in the same boat . after deep studying the industry . im still... brunol
 
Go To Forums »
 
 

Reader Comments

 

Florida Legislature Passes Major Changes to Auto, Property Insurance Markets

Posted: Fri Apr 30 -- Left out of the discussion is the hundreds of millions of dollars in fraud that will potentially be cut when No Fault is dropped. Lawyers... Mark
 

Explosion at Gender Reveal Party Rocks Several New Hampshire Towns

Posted: Tue Apr 27 -- Obviously another example of NOT being the sharpest knives in the drawer. As we say in the South, "Bless their hearts." I'm all for having a... Placement GURU
 

GEICO Must Pay $2.7M After Failing to Accept $30K Offer: Georgia Supreme Court

Posted: Tue Apr 27 -- I agree it's absurd for the court to state the carrier should've known the unlicensed driver didn't have electricity or furniture in their... Rosenblatt
 

Commentary: Proposed Florida PIP Repeal a Bad Deal for Consumers, Industry

Posted: Thu Apr 29 -- If the top insurance lobbyist in the state says it's bad...then you know it's a good thing for people. The reality is that driving is NOT a... Simon
 

Senators File Bill to Mandate Driver Monitoring Systems

Posted: Tue Apr 27 -- More Government overreach. Mind your own business. MC
 
Go To Popular Comments »
 
 
 
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