Insurance Journal
 
 

Today's Headlines

 
December 2, 2020
 
Today's Headline Sponsor: SIAA
 
 
 
adv
 
The Original. The Biggest. The Best.
 
Join us and experience the next level of success.
With more ways to earn income and grow, find out why 13% of independent agencies have partnered with SIAA.
 
EARN MORE
 
SIAA
 
 
 
 

National

 

Health Workers, Nursing Homes Should Get First COVID Vaccines, Says CDC

A panel of advisers to the U.S. Centers for Disease Control and Prevention (CDC) on Tuesday voted 13 to 1 to recommend that healthcare...
 

Former Tesla Employee Settles Over Theft of Trade Secrets, False Claims to Media

A former Tesla Inc. factory employee will pay Elon Musk's electric car maker $400,000 after it accused him of tipping reporters about...
 

Supreme Court Justices Tackle Company Liability for Human Rights Abuses

U.S. Supreme Court justices on Tuesday appeared wary of barring lawsuits against American companies over alleged human rights abuses...
 

Trumps Want Court to Approve Arbitration for Marketing Fraud Lawsuit

A lawyer for Donald Trump on Tuesday urged a federal appeals court to halt a lawsuit accusing the U.S. president of exploiting his family...
 

China Renews OK of Oceanwide's Stalled $2.7 Billion Purchase of Genworth

U.S.-based Genworth Financial Inc. reported that Chinese officials have renewed their approval of China Oceanwide Holdings Group's...
 

Crum & Forster Acquires Aspen's Food and Beverage Product Recall Business

Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen's U.S. food and beverage product recall insurance...
 

Lockton Adds 3 Managing Directors from Aon to Its Transaction Liability Practice

Global insurance broker Lockton reports that three transaction liability advisors from Aon -- Joshua Halpern, Gaurav Sud and Eric Ziff --...
 

What Will the Senior Living Market Look Like for Insurers Post-Pandemic?

Property/casualty insurance for senior living facilities has taken a hit this year. The insurance market has been hardening for the last...
 

Zurich North America Grapples With Pandemic Office Reopening Plans

In fall 2016, Zurich North America moved its operations into a spectacular new 783,000-square-foot complex. Today, it is...
 
More National News »
 
 
 
Advertisement
 
adv
 
Win $250+ When You Partner with Foresight as a Founding Broker!
 
Now through December 15th, every policy bound effective 1/1/2021 with Foresight gets you one ticket into our Grand Prize Raffle for one of three amazing prizes.
 
Enter Now
 
 
 

East

 

Pennsylvania Governor Strikes Down Bill That Would Have Limited COVID-19 Lawsuits

Pennsylvania Governor Tom Wolf has vetoed a bill that would have expanded liability protection against COVID-19-related lawsuits for...
 

Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S.

Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. "Hold on to your...
 

The Liberty Company Insurance Brokers Adds Borkowski, Caparo Insurance Team

The Liberty Company Insurance Brokers has announced that Steve Borkowski and Caparo Insurance of Conshohocken, Penn., have joined the...
 
More East News »
 
 
 
Advertisement
 
adv
 
Online Insurance Shopping, Reimagined
 
225+ Personal Lines Carriers Available
Capture Interest in Additional LOBs, Mobile-First
 
Request a Demo
 
 
 

Midwest

 

Report: Despite Less Driving, Auto Fatalities Have Risen in Wisconsin

Auto fatalities are up in Wisconsin despite there being fewer people on the road due to the coronavirus pandemic, a report released on...
 

Alera Group Acquires Michigan Insurance Agency, Lighthouse Group

Alera Group, an insurance firm headquartered in Deerfield, Mich., has acquired Lighthouse Group, an independent insurance agency with...
 

Michigan Funeral Home Settles LGBT Employment Discrimination Suit for $250K

A Detroit, Mich.-area funeral home has agreed to pay $250,000 to settle a lawsuit that led to a groundbreaking decision that protects...
 
More Midwest News »
 
 
 
adv
 
Professional Liability Insurance
 
Atlas offers solutions for small-to-mid-sized Professional Liability risks. Visit the Atlas website for more information, www.atlas.us.com.
 
Click for Details!
 
Atlas General Insurance Services, LLC
 
 
 
 

Southeast

 

Mississippi Woman Awarded $2.6M in Med Mal Suit Over Child's Brain Injuries

A jury in Mississippi has returned a $2.6 million verdict to a woman who sued a doctor saying his inaction caused her child to have brain...
 

Application Process for Georgia Medical Marijuana Producers Now Open

Georgia has opened the application process for businesses that want to manufacture cannabis oil for medical use in the state. The General...
 

Marsh & McLennan Acquires Heritage Insurance Service of Kentucky

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Heritage Insurance Service, Inc., an...
 
More Southeast News »
 
 
 
adv
 
Last Chance (Deadline is Friday)
 
Insurance Journal's Charity Issue will highlight industry volunteer efforts. Send us photos of your firm helping the community for a chance to be featured in IJ magazine.
 
Share Your Story
 
Insurance Journal
 
 
 
 

South Central

 

Texas County Shuts Down Bars as COVID Hospitalizations Surge

A Central Texas county has closed its bars after area hospitalizations for COVID-19 exceeded a state mandated limit. Meanwhile in...
 

Louisiana Begins Clearing Hurricane-Driven Sediment from Channel so Ships Can Pass

Port officials have begun clearing a shipping channel in Louisiana after sediments pushed into the waterway by hurricanes made the water...
 

Louisiana Court: 'Collectibility' Can't Be Used to Limit Legal Malpractice Damage Amounts

Are a plaintiff's damages in a legal malpractice case limited to the amount they could have collected in a judgement in the underlying...
 
More South Central News »
 
 
 
adv
 
Our Agents Were a Bright Spot in 2020
 
Thank you for doing so much to make a safer, stronger Texas and for giving us every reason to look forward to a healthy and prosperous 2021.
 
Learn More
 
Texas Mutual Insurance Company
 
 
 
 

West

 

California Will Provide $500M in Virus Aid for Small Businesses

California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak...
 

California Wants Hospitals to Test All Workers for Virus

California has asked hospitals to ramp up their coronavirus testing amid a surge of new cases, urging them to test health care workers at...
 

Hawaii Gets Through 2020 Hurricane Season Sans Major Impact

The 2020 hurricane season set records with the number of storms in Atlantic Ocean regions, but Hawaii escaped largely unscathed in the...
 

TWFG Insurance Acquires Penguin Insurance Services in California

TWFG Insurance has acquired Penguin Insurance Services in Milpitas, Calif. Terms of the deal were not disclosed. Penguin is a network of...
 
More West News »
 
 
 
adv
 
California Vacant Package Program
 
15% commission! Up to $15M available for property and GL on a monoline basis for all vacant risks. In-house delegated authority by an 'A' rated carrier.
 
Learn More
 
FTP of California
 
 
 
 

International

 

UK-Based Reinsurer Conduit Holdings' Stock Rises After $1.1B London IPO

Reinsurer Conduit Holdings Ltd. rose as it started trading in London after a 826 million-pound ($1.1 billion) initial public offering,...
 

Allianz to Buy General Insurance Business of Australia's Westpac for $534M

Allianz announced it has agreed to purchase the general insurance business of Westpac Banking Corp., the Australian banking group for a...
 

Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC

Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all of its...
 

China Renews OK of Oceanwide's Stalled $2.7 Billion Purchase of Genworth

U.S.-based Genworth Financial Inc. reported that Chinese officials have renewed their approval of China Oceanwide Holdings Group's...
 

New Independent London Broker, Ballantyne Brokers Ltd., Opens for Business

Ballantyne Brokers Ltd., an independent London broker, announced it has started business. Founded by veteran London market brokers, Ross...
 

Hub International Acquires Quebec-Based Seymour Alper

Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction...
 

Sri Lanka Evacuates 75,000 from East Coast on Threat of Cyclone Burevi

COLOMBO - Sri Lanka evacuated 75,000 people from homes on the east coast, where Tropical Cyclone Burevi, packing winds of 80 kph to 90...
 

AXIS Re Hires Willis Re's Bangs as Head of Japan

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of Japan. Bangs...
 
More International News »
 
 
 
adv
 
Business Income Insurance Demystified
 
Business income coverage is arguably one of the most important coverages your commercial clients should have. Get THE book on the subject.
 
Get the Book
 
Insurance Journal's Academy of Insurance
 
 
 
 
 
 
 
More Sponsor Content »
 
Submit your article. Find out how. »
 
 

Research and Webinars

 
adv

Your Guide to Insuring High Net Worth Individuals

High net worth individuals and their families --- those with liquid assets of more than $1 million -- have an extensive variety...
 
adv

Key Insights from 2020 Auto Insurance Consumer Shopping Study

Boost retention by reaching out at the right time with the right message. Auto insurance consumers are shopping more than ever...
 
adv

Seismic Changes Ahead for D&O Insurance Segment

AM Best expects that the Directors and Officers (D&O) segment will soon undergo radical changes based on an examination of...
 
adv

Three Ways to Thrive as an Insurance Agent in a Hard Market

The hard market is here and shows no signs of slowing down. While this period of the insurance cycle is often known as being the...
 
More research and webinars »
 
 

Insurance Journal TV

 
adv

EP. 2: Forget the Stars, Insurers are Shooting for the Cloud

Recent research shows that more insurers are taking advantage of cloud technology for data...
 
adv

EP. 14: What an Election Green Wave in Five States Means for the Industry, Insurers

Elections Part II Nov. 3 came and went, and while there's some still contentious feelings...
 
Watch more videos at InsuranceJournal.tv »
 
 

Reader Comments

 

Starbucks Barista Who Declined to Wear Gay Pride T-Shirt Sues Over Firing

Posted: Wed Nov 25 -- I hope Fresse wins big against Starbucks. This definitely was illegal religious discrimination under federal civil rights law. Paul
 

Road Rage Lawsuit Has Implications for Police Shootings: Opinion

Posted: Wed Nov 25 -- If those working for the police department don't understand the concept of reasonable use of deadly force for the purpose of self defense,... Oh Goody
 

Insurers Winning Most, But Not All, Covid-19 Business Interruption Lawsuits

Posted: Mon Nov 30 -- Insurers must be held accountable TO THE CONTRACT LANGUAGE ! Full stop ! That means that most, if not all of the BI claims triggered by the... Barry Rabkin
 

Trials Delayed, Cases Pile Up as Too Few Jurors Show Up Amid Coronavirus

Posted: Mon Nov 30 -- I live in the DFW area, Dallas County. When called for jury duty, the central jury room usually has close to 1000 people on a Monday. I... TxLady
 

Insurers Looking Into Rise in Lawsuits Against Firms Over Lack of Diversity

Posted: Tue Dec 1 -- It's sad that at this point it's doubtless that the clueless, racist members of the right will moan and wail about this, likely refusing to... Jon
 
Go To Popular Comments »
 
 
 
Contact us | Subscribe | Send to a Friend
 
This email was sent to [email protected].
 
Don't want this anymore? Update your subscription or unsubscribe from all lists.
 
Insurance Journal
3570 Camino del Rio North, Suite 100
San Diego, CA 92108
(800) 897-9965
Insurance Journal | Claims Journal | MyNewMarkets | Academy Of Insurance | Carrier Management