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Today's Headlines

 
August 25, 2021
 
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National

 

'Be Honest': New Transportation Safety Chief Warns Robot-Car Claims Erode Public Trust

The nation's new chief accident investigator wants to send a message: growing public confusion over automated driving systems in the U.S....
 

Insurance Is on Agenda at Today's White House Cyber Summit With Tech Leaders

The White House is hosting an event on Wednesday that will bring together the largest U.S. technology companies for a discussion about...
 

FDA's COVID Vaccine Approval Makes Challenges to Mandates Tougher to Win

Formal U.S approval of the Pfizer Inc /BioNTech SE COVID-19 vaccine will make it nearly impossible to successfully challenge mandates by...
 

Guidewire Acquires Property Risk Data Firm HazardHub

Insurance technology firm Guidewire Software said it has acquired HazardHub, an insurtech provider of property risk data to the...
 

Startup Raises $60M to Flag Infrastructure Damage, Injuries Before They Happen

Startup Urbint, which promises its software can identify utility and telecommunications industry failures, damages, and worker injuries...
 

People Moves: Insurtech Joyn Adds Schoberth; Chubb's Lubin Joins Crum & Forster; TransRe Promotes O'Gwen; AXA XL's Klimczak Moves to U.S.

Insurtech Joyn Adds Schoberth as Chief Distribution Officer Insurance technology company Joyn Insurance announced the addition of Uwe...
 

Agency Partnership News Wrap-Up: Smart Choice, United Valley Insurance Services, Valley Insurance Agency Alliance, Keystone Insurers Group

Smart Choice Agents Program Smart Choice Agents Program, an agency network with over 8,700 independent agents and 100 carrier partners,...
 

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 report...
 

One Year In: How Insurers Did on AM Best Innovation Assessments

In early March 2020, AM Best released Scoring and Assessing Innovation, our formalized criteria for measuring a...
 
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East

 

New York Man Charged in $9M Fraud Conspiracy

A Brooklyn, New York, man was charged for conspiring to defraud the IRS, Acting U.S. Attorney Rachael A. Honig announced. Aleksander...
 

Cleanup Begins in Soggy Northeast as Henri Plods Back to Sea

Residents across the waterlogged Northeast began clearing mud and tearing out sodden carpets Monday after deluges dropped by Tropical...
 

Brown & Brown of Massachusetts to Acquire Berkshire Insurance Group

Berkshire Hills Bancorp Inc. and Brown & Brown Inc. announced the execution of a definitive agreement for the sale of the assets and...
 
More East News »
 
 
 
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Midwest

 

Illinois Gives Pie Approval to Acquire Western Select

Pie Carrier Holdings has received regulatory approval from the Illinois Department of Insurance to acquire Western Select Insurance Co....
 

Lawsuit: Teens Sexually Assaulted in Illinois School Team Hazing

The parents of two teenage boys filed a federal lawsuit Monday alleging their sons were sexually assaulted in a hazing tradition by older...
 

Ohio Coaster Dropped Metal Plate, Injuring Woman

A piece of metal that flew off the world's second-tallest roller coaster and hit a woman in the head while she stood in line came from...
 
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IJ's Top 100 Independent P/C Agencies
 
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Southeast

 

Biden Orders Disaster Declaration After Tennessee Flooding

President Joe Biden has approved a major disaster declaration sought by Tennessee after record rainfall caused devastating floods that...
 

People Moves: Chubb Names Georgia-Based Booker, Meyer to EVP Roles; Skipper Joins Palomar; The Villages Adds Dooley

Chubb Chubb announced leadership appointments within its North America Property business unit and in its wholesale excess and surplus...
 

Georgia Officers to Train to Draw Blood From Drivers Suspected of DUI

A new grant will be used to train Georgia law enforcement officers to draw blood from drivers suspected of driving under the influence of...
 

Mississippi City Will Require Security Cameras Outside Businesses

A Mississippi city will require many businesses and shopping centers to install video cameras to help law enforcement officers identify...
 
More Southeast News »
 
 

Insurance Jobs

 

Assistant Product Manager - R&D/Actuarial - Mercury Insurance - Los Angeles, CA

 

Associate Research Professional - Alabama Center for Insurance Information and Research (ACIIR) - Alabama Center for Insurance Information and Research - Tuscaloosa, AL

 

Claims Director - Citizens Inc - Austin, TX

 

Client Engagement Manager - Praedicat - New York, NY

 

Personal Lines (Assistant) Account Manager - Hill & Usher, LLC - Phoenix, AZ

 
 
 

South Central

 

People Moves: Incline in Texas Makes Series of Hires, Promotion

Incline P&C Group in Austin, Texas, made several new hires and a promotion within the company. Sheel J. Patel will join as chief...
 

Massive 2016 Flood Still Defines South Louisiana Parish

Jennifer Carnevale's yard can hold 23 inches of water before her house floods. She knows because her family has seen the water cross that...
 

Texas Coastal Windstorm Insurance Coalition Celebrates 50 Years

The Coastal Windstorm Insurance Coalition in Texas is celebrating its 50th anniversary this year. Established originally as the Windstorm...
 
More South Central News »
 
 
 
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West

 

Alera Group Acquires Sage Benefit Advisors in Colorado

Alera Group has acquired Sage Benefit Advisors in Colorado. Terms of the deal were not disclosed. Sage is a l health insurance agency...
 

California College Data Breach Exposes Student Requests for Vaccine Exemptions

Personal information from students at a California college who requested a religious exemption from the COVID-19 vaccine has been posted...
 

Firefighter Dies While Working Oregon Wildfire, Officials Say

A firefighter died this week while battling a wildfire southeast of Eugene, Oregon, officials said. Bryan Cutchen, Oakridge city...
 

Washington Man Who Faked Job Injury Pleads Guilty in Workers' Comp Scam

A Thurston County, Wash., man who reportedly tried to pass off a barroom brawl injury as a workplace accident has pleaded guilty to...
 

M4 Earthquake Confirmed in Southeastern California

An earthquake with a preliminary magnitude of 4.0 shook an agricultural area of southeastern California early Monday, the U.S. Geological...
 
More West News »
 
 

International & Reinsurance

 

UK Insurers Warned They Could Face Reguatory Action Over Car, Home Policies

LONDON - Insurers in Britain that are not ready to implement tougher "value for money" rules on car and home policies could face...
 

South Africa's State Insurer to Raise Premiums to Cover Riot-Related Reinsurance Costs

JOHANNESBURG - South Africa's only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs...
 

Insurer Lessons From UK Court Ruling on Business Interruption: Put Customers First

COVID-19 has led to the disruption of millions of businesses around the UK, particularly for SMEs who have been beset by an average of...
 

China's Cities Aren't Prepared for Extreme Weather Caused by Climate Change

Climate change is making China's annual summer floods worse, and cities housing millions of people aren't prepared to handle the damage....
 

EY Fined $4.8M by UK Accounting Watchdog over Audit of Transport Firm Stagecoach

Britain's accounting watchdog said on Wednesday it has fined Ernst & Young LLP 3.5 million pounds ($4.80 million) over the audit of...
 

Insurtech ELEMENT and MGA Parametrix Launch Cloud Outage Insurance in Europe

ELEMENT, the Berlin-based insurtech, announced a partnership with managing general agent, Parametrix Insurance, launching parametric...
 

People Moves: Howden Names Willis' Everling as CEO Netherlands, Corporate; Carpenter's Christian to BMS Re; Aon Reins Hires TigerRisk's Jackson in U.S.

This edition of International/Reinsurance People Moves details appointments at three brokers: Howden, BMS Re and Aon with roles in the...
 

Reinsurance Prices Expected to Harden at Jan. 2022 Renewals - with Less Momentum

Global reinsurers' underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes...
 
More International & Reinsurance News »
 
 
 
 
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Insurance Journal Blogs and Columns

 

Protect your Financial Institutions Clients with Coordinated Coverage

This post is part of a series sponsored by The Hanover Insurance Group. Asset managers and depository institutions have a wide variety of...
 
More Blogs »
 
 

Research and Webinars

 
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...
 
research

2021 Agency Guide to Get More Leads

Do you want to learn how to generate and convert more leads for your insurance agency? Your agency needs a prospecting strategy...
 
research

Getting in Sync with Your Commercial Haulers

Agents and brokers dealing with transportation clients should have a solid grasp on the pandemic induced developments impacting...
 
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...
 
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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