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Today's Headlines

 
November 16, 2021
 
Today's Headline Sponsor: SIAA (Strategic Insurance Agency Alliance)
 
 
 
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National

 

Hedge Funds Turn Lawsuit Bets Into a $39 Billion Industry

Hedge funds, private equity and sovereign wealth funds are piling billions into the outcome of high stakes court cases at a faster rate...
 

9/11 Victim Fund Director Feinberg to Help Mediate in Talcum Fight

The lawyer who oversaw payments to victims of the Sept. 11 terrorist attacks has agreed to mediate part of the fight between Johnson &...
 

Former Coach, ESPN Commentator Gruden Sues NFL Over Leak of Emails

Former Las Vegas Raiders coach Jon Gruden has sued Commissioner Roger Goodell and the National Football League, alleging that a...
 

Want Wearable Tech With That Workers' Comp Policy? Kinetic Teams With Nationwide.

New York-based safety technology firm Kinetic has formed an underwriting partnership with Nationwide's E&S/Specialty division. Acting as...
 

Cargo Theft Cases Down in Q3 Compared to Highs of 2020: CargoNet

There were 359 supply chain theft and fraud incidents across the United States and Canada in the third quarter of 2021, according to...
 

Will Forever Chemicals, PFAS, Lead to Never-Ending Lawsuits?

Claims and regulatory actions involving per- and poly- fluoroalkyl substances (PFAS) are continuing to evolve at a rapid pace across the...
 

Experts Say Cyber Risks Present 'Significant' Threat for Small Businesses

The idea that cyber criminals only target large companies with a wide footprint and more assets is "profoundly wrong," experts say, as...
 

New ISO Homeowners Policy Form Update

The Insurance Services Office (ISO) has unveiled an update to its homeowners’ program. It’s the first update in 11 years, which is a...
 

Better Agency Onboarding, Licensing Key to Digital Transformation

Digital may be the frontline in the battle between traditional insurers and InsurTech disrupters. But back-office...
 
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East

 

Liberty University Responds to Ex-Spokesman's Suit, Seeks Gag Order

Liberty University is responding to a former spokesman's lawsuit alleging he was fired in retaliation for raising concerns about the...
 

Rochester Mayor Declares Emergency Amid Gun Violence Spike

Police in Rochester, New York, are investigating a string of fatal shootings that came just hours after Mayor Lovely Warren declared a...
 

Rare November Tornadoes Hit Connecticut, Rhode Island

Three tornadoes that hit Rhode Island and southeast Connecticut this weekend were the first since at least 1950 to strike the area in...
 

People Moves: New Hires at XPT, InsurBanc, Distinguished Programs

XPT Hires Bewick as Senior Vice President in Massachusetts XPT, a national specialty insurance wholesale distribution company, hired...
 
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Midwest

 

Jury Awards $42 million to South Dakota Woman Injured at Work

A Pennington County jury has awarded $42 million to a Rapid City woman after she was denied medical benefits from her previous employer...
 

Michigan Governor: Drivers to See More Savings Under Auto Insurance Reform Law

Michigan Gov. Gretchen Whitmer announced that drivers should save on average between 25-62% on the PIP medical portion of their auto...
 

7.7% Workers' Comp Decrease Recommended in Missouri

The Missouri Department of Commerce and Insurance is recommending a 7.7 percent decrease in workers' compensation insurance loss costs...
 

Pharmacies Defend Actions as Ohio Opioid Trial Nears Its End

Lawyers for pharmacy chains including CVS and Walgreens on Monday argued they were not to blame for the U.S. opioid epidemic, as jurors...
 
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Southeast

 

People Moves: Barner, Johnson to Builders

Builders Insurance Group, an Atlanta-based provider of workers' compensation, liability and property insurance for businesses, has...
 

Georgia Man Wanted for Submitting Fake Police Report on Insurance Claim

Georgia authorities are on the lookout for a man who they say submitted false insurance claims for $42,000 in personal property that was...
 

Brown & Brown Acquires Another Agency in Florida

Brown & Brown, a national insurance brokerage firm, has acquired Heacock Insurance, a fifth-generation agency based in Central Florida....
 
More Southeast News »
 
 
 
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South Central

 

Infrastructure Package Could Deliver Louisiana Billions in Repairs, Coastal Storm Risk Management

Members of Congress are still bickering over the wisdom of passing a $1 trillion infrastructure package, but Louisiana lawmakers and...
 

Man Charged With Arson in Austin Synagogue Fire

An 18-year-old man has been arrested and charged with arson for a fire at an Austin synagogue, officials said. Franklin Barrett Sechriest...
 

9-Year-Old Boy Dies From Astroworld Festival Crush

A 9-year-old Dallas boy has become the youngest person to die from injuries sustained during a crowd surge at the Astroworld music...
 

New History Project Documents New Orleans Mid-Century Black Insurance Companies

New Orleans resident Raynard Sanders can detail the many ways Black businesses and culture thrived under the canopy of oak trees along...
 
More South Central News »
 
 
 
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West

 

Washington State Blames Drug Distributors in $95 Billion Opioid Trial

Washington state's attorney general on Monday argued in court that three large drug distributors' excessive shipments of pain pills...
 

SullivanCurtisMonroe Acquires Stan Burns in California

SullivanCurtisMonroe acquired Stan Burns Insurance Services in Long Beach, California. Terms of the deal were not disclosed. Stan Burns...
 

People Moves: Topa in California Names Lay Director of Programs; Newfront Adds Pierce

Lay will be responsible for managing Topa Insurance's program partners and overseeing the program business profitability. Lay has...
 
More West News »
 
 
 
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Together, We Make a Difference
 
Insurance Journal's Charity Issue highlights volunteer efforts throughout the insurance industry.
Send us photos of your firm supporting the community so we can spread the goodness.
 
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International & Reinsurance

 

Canadian Storms Force Shut Down of Trans Mountain Oil Pipeline

OTTAWA/CALGARY, Alberta - Canada's Trans Mountain oil pipeline has been shut down temporarily because of rainstorms pounding parts of the...
 

Working From Home Could Hurt Women's Careers: Bank of England's Mann

Women who work mostly from home risk seeing their careers suffer now that significant numbers of workers are returning to the office...
 

Markel Corp. Puts Retrocessional ILS Fund Manager Into Run-Off

Markel Corp. announced it is winding down Lodgepine Capital Management Ltd., its retrocessional insurance linked securities (ILS) fund...
 

SoftBank-Backed Fintech Raises $761M in India IPO. Now Comes the Hard Part.

Yashish Dahiya's PB Fintech Ltd. climbed 23% on its first day of trading after raising $761 million in an IPO. Now comes the hard part....
 

Shipowners Make Payments to Free Vessels Detained by Indonesian Navy: Sources

SINGAPORE - More than a dozen shipowners have made payments of about $300,000 apiece to release vessels detained by the Indonesian navy,...
 

Swiss Re CEO Mumenthaler Appointed Chairman of Geneva Association

The Geneva Association announced that Christian Mumenthaler, CEO of Swiss Re, was appointed the new chairman of the organization....
 

People Moves: WTW Names Aon's Wegbrans as Head of Broking; EmergIn Risk Hires Occam's Paraskeva; Aon's Norris to Gallagher Re as Cyber ILS Broker

This edition of International People Moves details appointments at Willis Towers Watson; Ryan Specialty's MGU, EmergIn Risk; and...
 
More International & Reinsurance News »
 
 

Insurance Jobs

 

Group Health - Disability Claims Adjuster / Examiner - Work At Home Vintage Experts - Remote

 

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Sales & Marketing Coordinator - Wells Media Group - Remote - Central Time Zone

 

Data Analytics Engineer - Palomar - Remote

 
 
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

Gone Phishing: There's No Vacation for Data Security in the Insurance Industry

This post is part of a series sponsored by AgentSync. The summer months can bring some much-needed time off for many in the insurance...
 
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Research and Webinars

 
research

Pair your expertise with the speed your clients want and need.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
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Mobile Telematics: The solution to driving your business forward.

Are you still using Credit Score to assess risk? Move beyond legacy methods of assessing risk with proven insurance solutions...
 
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Tapping Into the Growing Home Based Business Market

The world has changed. Work has changed. Growing numbers of people are stepping away from corporate America and setting up home...
 
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Influence Restoration Services for Better Results

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals. Insurance providers need a...
 
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6 Ways to Launch a Winning Digital Experience

Technology innovation has been shaping the way clients and staff expect businesses to behave for years, but it's important now...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 36: California Law Opens up Foods and Cosmetics for CBD, but it Could Create Heavy Regs

When California Gov. Gavin Newsom signed AB 45 into law in October, there was a lot of...
 
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EP.35: Will Cannabis Legalization, or Safe Banking Pass This Year?

It's part of just about every cannabis conversation: "Hey, it looks like we're close to seeing...
 
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