Insurance Journal

Today's Headlines

October 26, 2021
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National

Commercial Liability Insurers Face Growing Number of False Claims Act Cases

A growing number of False Claims Act investigations combined with recent court decisions that found insurers liable for the cost of...

Analysts Say U.S. Labor Shortage Could Last a While

Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and as the earnings season...

Safety Head Criticizes Tesla Over Its Release of New Self-Driving Software

The head of the U.S. National Transportation Safety Board on Monday criticized electric carmaker Tesla Inc.'s decision to provide new...

Aromatherapy Spray From India Linked to U.S. Deaths Being Recalled

U.S. health officials may have solved the mystery of how four people in different states came down with a serious tropical disease even...

AIG Announces Senior Leadership Changes; Readies for Life & Retirement Unit Spinoff

Insurer American International Group announced senior leadership changes that it says strengthen the organization to deliver on its main...

People Moves: Garrison Heads Navigators Wholesale; Trochey Joins Ascot; AXA Environmental Adds 3; Allianz Names Houlihan

The Hartford Names Garrison Head Of Navigators Wholesale The Hartford has named Michael Garrison as head of Wholesale for Navigators, a...

Agency Partnerships: The Breakthrough Force in Distribution

Agency partnerships and networks continue to grow in strength and numbers as independent agencies, large and small, look to these groups...

Employees Saying Adios To Carriers, Brokers Requiring Work In Office

During a session of an insurance industry webinar titled "State of the Insurance Marketplace," the war for talent was...
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East

Insurer Responsible for Damages After Massachusetts Officer Injured During Training

Driving a truck too fast and injuring a fellow officer during a firearms training is not within the scope of employment duties for a...

Pounding Rain Raises Flash Flood Threat in New York, New England

The powerful storm battering the U.S. Northeast will inundate New York City with lashing rain and possible flash floods through Tuesday...

People Moves: New Hires at MEMIC Group, GCG Financial, NFP

The MEMIC Group Hires Pennsylvania's Beswick, Delaware's Grandrino Cindy Beswick of Pennsylvania and Angela Grandrino of Delaware have...
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Midwest

OSHA Launches Program To Protect Midwest Workers From Exposure to Hazardous Materials

To reduce employee exposure to health hazards and encourage companies to make workplace safety and health a priority, the U.S. Department...

Indiana Farm Bureau Offers $10K Reward for Information Related to Series of Barn Arsons

A reward is being offered as investigators try to find whoever has set at least a dozen barn fires at northern Indiana farms this year....

Allegations of Bias Against Kansas Law Enforcement Rarely Yield Sanctions

Kansas law enforcement agencies have received hundreds of complaints of bias over the past 10 years, but records available to the public...
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Insurance Jobs

Property Claims Adjuster - DH Adjusting - Greater Los Angeles Area, CA

Regional Marketing Director – Business Development - Deans & Homer - California

Regional Account Manager - Northwest - Temporary Accommodations - Location: Based in Seattle or Portland (travel expectations 50% - 60%)

Experienced Non Standard Auto Insurance Claims Adjuster (Remote Position) - American Freedom Insurance Company - Remote

Business Development Executive - Rhode Island (REMOTE) - Main Street America Insurance - Rhode Island (Remote)

Southeast

More 'Missing' Rolexes Turn Up; Owner Charged with Fraud

North Carolina authorities announced Monday that a Raleigh man has been charged with falsely claiming that two Rolex watches had been...

People Moves: Villages, AXA Add Names

Villages Names New People The Villages Insurance Partners has added two new people to its team of personal line risk consultants. Mary...
More Southeast News »

South Central

TWIA Policies Expected to Grow by 5.2% in 2022

The Texas Windstorm Insurance Association expects policies in-force to increase by 5.2% in 2022, according to preliminary budget...

Texas Furniture Manufacturing Company Faces $247K in Fines for Exposing Employees to Amputation Hazards

The U.S. Department of Labor's Occupational Safety and Health Administration said it has given MooreCo Inc., a Temple, Texas furniture...
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West

IMA Acquires Parker, Smith & Feek in Washington

IMA Financial Group is acquiring Washington-based Parker, Smith & Feek to expand its brokerage services in the Pacific Northwest, Alaska...

Small Earthquake Confirmed in Southern California

A small earthquake near downtown Los Angeles on Sunday morning was felt widely across Southern California, the U.S. Geological Survey...

California City Pays $500K to Stroke Victim Arrested for DUI

A Southern California city will pay $500,000 to settle a lawsuit by a woman arrested for driving under the influence when she was...

Hippo in California Hires Hiscox's Hanson to Expand Claims Operations

This article originally appeared in Carrier Management. Digital home insurer Hippo hired a former Hiscox executive to be its first chief...

California Announces Workers' Comp Temporary Total Disability Rates for 2022

California's Division of Workers' Compensation announced that the 2022 minimum and maximum temporary total disability rates will increase...
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International & Reinsurance

Insurance Industry Can Expect Global Average Annual Disaster Claims of $106B: AIR

The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a 40% chance of...

Global Commercial Insurance Rates Rise 15% in Q3 as Moderation Continues: Marsh

Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded in the...

Reinsurance Price Increases Support Improving Outlook for Sector: Fitch

Reinsurers' plans to continue raising premium rates during the January 2022 renewals are likely to contribute to stronger profitability...

UK Financial Regulator Raises No Objection to Bain's Acquisition of Insurer LV=

Britain's financial watchdog said on Tuesday it won't stop insurer LV= from proceeding with the disputed sale of its pensions and life...

Australian Publisher Urges Government to Compel Facebook to Negotiate Content Deal

SYDNEY - A small Australian publisher is calling for the government to enforce a new law to compel Facebook Inc to negotiate a content...

Southern Ontario Storms in September Cause Insured Damages of C$105M

Storms that hit southern Ontario on Sept. 7 and Sept. 22 caused C$105 million (US$84.9 million) in insured damage, according to the...

Parametric Insurer CCRIF Strengthens Belize Warning Systems for Extreme Weather

Parametric catastrophe insurer CCRIF continues to strengthen Belize's early warning systems for rainfall and climate forecasting with a...
More International & Reinsurance News »
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Insurance Journal Blogs and Columns

A Hard Rain's a-Gonna Fall

The torrential rain buffeting northern California and the Pacific Northwest is the result of two converging phenomena: an atmospheric...
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Research and Webinars

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Achieving more scalable growth and improving your employee experience

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
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Understanding the uninsured: Five opportunities for promising growth.

The protection gap is found anywhere your customer is exposed to a risk that they could insure against but do not. This is a...
research

The MGA's Guide to Producer Licensing and Compliance through Technology

MGAs face regulatory challenges from all directions and insurance laws vary by state, making the management of producer...
research

State of the Market - Second and Third Quarter, 2021

It goes without saying, the last two years have not been easy. We have experienced some of the hardest market conditions most of...
research

Discover Your Opportunity to Enhance Policyholder Experience

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals. Insurance providers need a...
More research and webinars »

Insurance Journal TV

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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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EP.25: These Women Are Fighting Cyber Crime and Cybersecurity's Gender Divide

Growing ransomware attacks aren't the only issue concerning the cybersecurity industry today,...
Watch more videos at InsuranceJournal.tv »
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