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Today's Headlines

 
August 18, 2021
 
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National

 

Classic Car Specialist Hagerty to Become Public Company in SPAC Deal

Classic car insurance specialist Hagerty is planning to go public in a deal with special purpose acquisition company Aldel Financial Inc....
 

SEC Working to Require Corporate America to Disclose Workforce Data

The U.S. Securities and Exchange Commission (SEC) is headed for a scuffle with corporate America over how much information public...
 

Sacklers: Purdue's 'Moral Responsibility' to Pay for Opioid Crisis Tied to Liability Shield

A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a "moral responsibility" to help abate...
 

Ratings Changes for P/C Insurers Up Moderately, Says AM Best

The number of credit rating upgrades and downgrades in the U.S. property/casualty (P/C) insurance industry increased in the first half of...
 

CDC Creating New Real-Time Disease Forecasting Center

The U.S. Centers for Disease Control and Prevention said on Wednesday it is creating a new disease forecasting center to improve the...
 

T-Mobile Says Hackers Stole 7.8 Million Current Customers' Personal Data

T-Mobile US Inc. said on Wednesday an ongoing investigation into a cyberattack on its systems revealed that some personal data of about...
 

Hacking, But Make It Ethical: How 'The Good Guys' Are Boosting Cybersecurity

Sometimes, real life can be like the movies. At least, that's according to two ethical hackers in this episode of The Insuring Cyber...
 

An Alternative View: Crediting Credit Scores

While InsurTechs like Loop and Buckle are trying to reshape the future of insurance without using credit scores to...
 
More National News »
 
 
 
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Featured Events

 
Insurance AI and Innovative Tech USA 2021

Insurance AI and Innovative Tech USA 2021

September 14 / Virtual
 
IIABAZ 2021 Convention & Trade Show

IIABAZ 2021 Convention & Trade Show

September 21 / Glendale AZ
 
 
 

East

 

Connecticut Insurance Department Releases National Survey on Climate Risk

Connecticut is continuing to engage with the insurance industry on climate change and its implications with its latest release of a...
 

Virus Concerns Again Force Cancellation of New Jersey Marathon

Concerns about COVID-19 have prompted the cancellation of one of New Jersey's premier road races for the second year in a row. The New...
 

New York Let Childhood Sex Abuse Victims Sue; 9,000 Went to Court

For two years, New York temporarily set aside its usual time limit on civil lawsuits in order to allow victims of childhood sexual abuse...
 
More East News »
 
 
 
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Midwest

 

1 Mayor Sentenced, 1 Pleads Guilty in Illinois Town's Insurance Procurement Case

On Aug. 13, the former mayor of a southwest Illinois town became the second area mayor to plead guilty to lying to federal agents...
 

Dozens of Homes Evacuated as Minnesota Wildfire Spreads

Dozens of residences have been evacuated as a wildfire in northeastern Minnesota continues to spread, according to the U.S. Forest...
 

Settlement Reached on PIP Coverage for Michigan Car Accident Victims

Michigan insurance regulators and the state's personal injury protection (PIP) medical coverage program have reached an agreement...
 
More Midwest News »
 
 
 
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Southeast

 

University Opposes State's Attempt to Trademark 'Team Kentucky'

The University of Kentucky is opposing a move by the state to trademark the phrase "Team Kentucky" for use on clothing products. The...
 

EEOC Sues Florida Applebee's Franchise for Race and Sexual Orientation Discrimination

Neighborhood Restaurant Partners Florida, LLC, doing business as Applebee's, violated federal law by subjecting an employee to race and...
 

People Moves: ClearPath Promotes Mudd; Beecher Carlson Adds O'Reggio

ClearPath ClearPath Mutual Insurance Company has promoted Jo Jo Mudd to Underwriting Manager. Mudd joined the company in 2010 when it was...
 
More Southeast News »
 
 
 
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South Central

 

Astros Settle Case of Girl Hurt by Foul Ball, Attorney Says

The Houston Astros have agreed to a settlement with the family of a 2-year-old girl struck by a foul ball during a 2019 Astros game at...
 

Oklahoma 'Green Rush' Fueled by Colorado Pot Entrepreneurs, Low Barriers to Entry

Chip Baker surveyed a vast field on the outskirts of an old hay farm an hour east of Oklahoma City, his ponytail waving in the thick,...
 
More South Central News »
 
 
 
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West

 

J. Morey Acquires Aihara & Associates in California

The J. Morey Company Inc. Insurance Agents & Brokers acquired Aihara & Associates Insurance Services Inc. in Los Angeles, Calif. Terms of...
 

Wildfires Advancing Through Northern California

Northern California wildfires that incinerated two mountain communities continued marching through the Sierra Nevada while a utility...
 

California Judge Tosses School Board Member's $87M Suit

A federal judge has thrown out an $87 million lawsuit that a San Francisco school board member filed against the district and her...
 

Judge Allows Discrimination Lawsuit to Proceed Against University of Idaho

A federal judge says a discrimination lawsuit filed against the University of Idaho by a UI College of Law professor can move forward....
 
More West News »
 
 

Insurance Jobs

 

Sr. Claims Examiner - Stillwater Insurance Company - Remote

 

Commercial Auto Underwriter - Maryland Auto Insurance - Baltimore, MD

 

Controller/Financial Manager - Maryland Auto Insurance - Remote, Baltimore, MD

 

Assistant Client Manager - Bremer Insurance Agency - St. Paul-Minneapolis, MN

 

Commercial Insurance Advisor - Bremer Insurance Agency - St. Paul-Minneapolis, MN and Bismarck, ND

 
 
 

International & Reinsurance

 

Catastrophe Bond Market Breaks New Record with $8.5 Billion of Securities Issued

Catastrophe bonds broke a record during the first half of the year with about $8.5 billion of new securities issued, according to a...
 

Groundbreaking Climate Court Victories Face Problems with Enforcement

Marjan Minnesma cheered along with her fellow climate activists in May when a judge ordered Royal Dutch Shell Plc to drastically slash...
 

Global Fast Fashion Brands Helping to Drive Pollution of African Rivers: Report

JOHANNESBURG - Global fast fashion brands are helping drive pollution that has dyed African rivers blue or turned their waters as...
 

Amazon Enters India Wealth Management with Investment in Smallcase Technologies

Amazon.com Inc. has made its maiden investment in India's wealth management sector, participating in a $40 million round by fintech...
 

OneAdvent's Financial Lines MGA Secures Capacity from Active Re

OneAdvent, the London-based managing general agency platform, has secured additional capacity for its financial lines MGA from Barbadian...
 

Insurtech Blue Marble Launches Weather-Index Crop Insurance for Pakistani Farmers

Blue Marble, a London-based insurtech that offers affordable insurance protection for low-income families and small businesses in...
 

Swiss Re Hires CNA's Stephenson to Lead Casualty; Richards Named CEO UK & Ireland

Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become country...
 

People Moves: Africa Specialty Risks Names Bheenick as Mauritius Managing Director; WTW's Whyte Joins Miller for APAC Expansion

Africa Specialty Risks Names Bheenick Managing Director in Mauritius Africa Specialty Risks (ASR), the pan-African focused reinsurance...
 

Firefighters Struggle to Control Blazes Fueled by Heatwaves in France and Spain

Firefighters are struggling to control blazes in France's Gulf of Saint Tropez and in the Spanish province of Avila, another...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
research

The Challenges of Insurance for the Cannabis Industry

For brokers to successfully tap into cannabis-related business opportunities and ensure their clients have the right coverage, a...
 
research

Addressing Professional Liability Risks for CPA Firms

With today's expanding technology and issues surrounding audits, cybersecurity, regulatory & tax reform challenges as well...
 
research

Rethink Your Agency Operations – 5 Levers for More Business Growth & Profitability

ReSource Pro offers five in-demand solutions for more unique business growth and profitability: Growth Solutions Policy...
 
research

Beyond Survival: Key Strategies to Thrive as an Independent Agent

We surveyed and interviewed independent agents from across the United States to understand the hurdles they face, the...
 
research

What's Next for the P&C Industry in 2021?

The 2021 P&C Market Outlook Executive Summary provides agents with a valuable breakdown of the price predictions for...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 30: Product Liability Lawsuits Worth Watching in Cannabis

"There are plaintiff's attorneys out there that are actively trolling for cases involving...
 
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EP. 20: Hacking, But Make It Ethical: How 'The Good Guys' Are Boosting Cybersecurity

Sometimes, real life can be like the movies. At least, that's according to two ethical hackers...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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