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February 17, 2021
 
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National

 

Diversity in Insurance Industry Calls For Including Different Mindsets and Experiences

Insurance industry leaders have renewed their focus on recruiting, hiring and promoting not just to fill a crucial talent gap with...
 

Corporate Filings Reveal Pay Gap for Female Executives Narrows But Persists

Even women who make it to the top ranks of U.S. corporations face a persistent pay gap compared with men in leadership roles, a new study...
 

AIG Sees 'Continued Progress' Despite P/C Underwriting Loss of $171 Million in Q4

American International Group's property/casualty business booked a $171 million underwriting loss in the 2020 fourth quarter, barely a...
 

IVANS Survey Finds Agencies and Insurers Seek Greater Connectivity

Both agents and insurers express strong support for agent-insurer connectivity and digital collaboration in distribution and servicing....
 

Judge Denies Citibank Bid to Recoup Some of Mistaken $893M Payments to Revlon Lenders

A federal judge on Tuesday said Citigroup Inc. is not entitled to recoup half a billion dollars of its own money that it mistakenly wired...
 

QBE Custom Property Coverage Form Targets Mid-Size Company Risks

QBE North America has launched a new modular property form designed to give underwriters and brokers the ability to tailor a program for...
 

150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels

Wearing blue hard hats, white hazmat suits and respirator masks, workers carted away bags of debris on a recent morning from a sprawling...
 

Done Deal: Bold Penguin Is Now a Subsidiary of American Family

Madison, Wisconsin-based American Family Insurance has closed the deal on acquiring the digital exchange Bold Penguin that serves small...
 

Insurers Still Committed to Cyber Market Even as Risks Mount

It could go down as one of the most significant cyber attacks yet. Russian hackers breached a number of U.S. government agencies and dozens...
 

Breaking the Mold: Sompo GRS and Its CEO

The recipe for building a billion-dollar-premium commercial insurance operation from nothing in four years involves...
 
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East

 

New York Court Finds Insurer Not Responsible for Theater's COVID-19 Losses

The Supreme Court of the state of New York, Nassau County, has dismissed a movie theater's claims that its insurer is responsible for...
 

New York Attorney General Sues Amazon Over COVID-19 Shortfalls

New York Attorney General Letitia James sued Amazon.com Inc on Tuesday over its handling of worker safety issues around the COVID-19...
 

Officer Charged in Crash Into House in Philadelphia Suspended, to be Fired

The police commissioner of Philadelphia has suspended with intent to dismiss an off-duty police officer accused of driving under the...
 

AHT Insurance Partner Schermerhorn Elected as Chairman of TechAssure Association

AHT Insurance, a Baldwin Risk Partner, has announced that Partner Brian Schermerhorn was recently elected as chairman of TechAssure...
 

150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels

Wearing blue hard hats, white hazmat suits and respirator masks, workers carted away bags of debris on a recent morning from a sprawling...
 
More East News »
 
 
 
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Midwest

 

Michigan Insurance Agent Accused of Embezzling $17K From Clients

A Muskegon insurance agent has been charged with fraud and embezzling more than $17,000 of his clients' money, Michigan Attorney General...
 

Indiana COVID-19 Lawsuit Shield Legislation Sent to Governor

A bill giving Indiana businesses and others broad protections from lawsuits by people blaming them for contracting COVID-19 has been...
 

Rinehart Named VP, Human Resources, at Missouri's Columbia Insurance Group

Columbia Insurance Group, headquartered in Columbia, Missouri, has appointed Julie Rinehart as vice president - Human Resources. Rinehart...
 
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Southeast

 

Miami Insurance Agent Arrested in Identity Theft Fraud Scheme

A Miami insurance agent has been arrested for allegedly stealing personal account information to file false insurance applications and...
 

As Metal Prices Rise, Atlanta Sees Theft of Catalytic Converters

Soaring prices for precious metals contained in some auto components is driving a rash of thefts in coastal Georgia. The Brunswick News...
 

Explosion at Florida Sanitation Complex Destroys 5 Garbage Trucks

An explosion and fire destroyed five garbage trucks and damaged two others at a sanitation complex in the Florida Panhandle. The flames...
 

Monahan Returns to Appalachian Underwriters in Florida as P&C Senior Broker

Appalachian Underwriters, Inc. (AUI) has appointed Kimberly Monahan to its Brokerage Department as a property and casualty broker....
 
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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.
 
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South Central

 

Brence Named Shareholder at Swingle Collins & Associates in Dallas

Dallas-based Swingle Collins & Associates has named Collin Brence as the agency's newest shareholder. Brence is the youngest individual...
 

Texas Ag Industry, Food Supply at Risk from Severe Weather, Official Says

Farmers and ranchers across Texas are seeing devastating effects from the cold weather on livestock, feed and agriculture products,...
 

$4.5M Settlement Offered in Police Shooting of Alton Sterling in Louisiana

After a $5 million proposed settlement fell through, officials in a Louisiana parish are now offering $4.5 million to settle the civil...
 

Freeze Slams Texas; Power Could Be Out for Days

The deep freeze that has forced the shutdown of U.S. refineries, oil wells and meat plants, disrupted shipments of soybeans and corn, and...
 

Citrus Crop Losses Expected in Texas After Deep Freeze

The historic cold snap that has frozen Texas this week with brutal winter weather and brought snow all the way to beaches along the Gulf...
 
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West

 

University of Colorado Reports Cyberattack on System

The University of Colorado has reported a cyberattack on its software that likely exposed employee, student, health and research records,...
 

Family of Black Man Killed by Los Angeles Deputies Seeks $35M

The family of a Black man who was shot and killed by sheriff's deputies last year after they tried to detain him for allegedly riding a...
 

The Liberty Company Adds Ruggles in California

The Liberty Company Insurance Brokers has added Mark Ruggles. Ruggles will be based in Northern California. He has more than 30 years in...
 

Montana Governor Lifts Mask Mandate, Virus Liability Protections in Place

Montana's statewide mask mandate that had been in place since July was lifted by Gov. Greg Gianforte. But some cities and counties are...
 
More West News »
 
 

International

 

Uber Urges EU to Recognize Gig Business Model as UK Court Is Set to Rule

Uber on Monday called on EU regulators to recognize the value of independent contracts in job creation as they consider new rules to...
 

UK Highlights Rising Political Risk in New Business Guidance on Hong Kong

The UK highlighted increasing political risks in its latest guidance on conducting business in Hong Kong, pointedly dropping references...
 

Ex-UniCredit CEO Teams Up with France's Richest Man to Form SPAC for Financial Deals

PARIS - Former UniCredit boss Jean-Pierre Mustier is teaming up with France's richest man Bernard Arnault to launch a special purpose...
 

Spain Prepares Labor Laws that Could Force Food Delivery Apps to Employ Gig Workers

The Spanish government is preparing strict labor law changes that could mean food-delivery platforms have to formally employ the couriers...
 

Swiss Re Corporate Solutions Appoints Neon's Dougall as Global Head Casualty

Swiss Re Corporate Solutions has appointed Andrew Dougall as global head casualty, effective Feb. 22, 2021. In this leadership role,...
 
More International News »
 
 
 
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Understanding Business Income
 
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
 
 
 
 

Research and Webinars

 
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Broker Success Checklist

P&C brokers, are you helping your clients navigate their critical areas of risk? Businesses choose to work with brokers that...
 
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The SEO Guidebook for Insurance Agents

Have you thought about how your insurance agency can be found online? Consumers have been turning to the internet to shop for...
 
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3 Ways to Jumpstart Your Agency Growth

Surviving as an independent agent is no longer the name of the game. Modern agencies want to grow their business more than...
 
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Guide to Administering Your Own Premium Financing Program

Agencies arranging financing to insureds through premium finance companies can increase their top and bottom lines by offering...
 
More research and webinars »
 
 

Insurance Journal TV

 
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'Rising Star' Navigates Insurance Marketing

Continuing our February Insurance Careers Month series, we catch up with a bright young...
 
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Diversity, Resilience, Innovation: Altmaier's NAIC Priorities for 2021

Florida insurance chief David Altmaier has a busy year ahead, and it won't just include...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

How can a new agent obtain appointments?

Posted: Wed Feb 10 -- If you're just starting your transition or comparing aggregators, word of advice, review the contracts. "You own the book" has multiple... jdwebb
 
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Reader Comments

 

Texas Bill Would Mandate Business Interruption Cover for Pandemic Losses

Posted: Wed Feb 10 -- Good luck buying insurance in Texas is this passes. Every carrier is amending their forms to include a communicable disease exclusion if... Oh Goody
 

Kin Insurance Launches Landlord Insurance in Florida Market

Posted: Fri Feb 12 -- LFG!!! JR
 

Florida Consumers 'Flabbergasted' by Property Insurance Rate Hikes

Posted: Fri Feb 12 -- $400 mortgage payment... What!? Huh?
 

Texas Woman Faces Charges After Dog Attacks 3-Year-Old Girl

Posted: Thu Feb 11 -- Sounds like the owner of the dog should be put down too! She should never be allowed to own another dog in her life. Bill
 

Minneapolis Diner Owners Seek $4.5M Suit over Property Damaged in Protests

Posted: Thu Feb 11 -- They need to sue every person in public office that could have done something to avoid these tragedies. Beginning with the mayor. Peplexed
 
Go To Popular Comments »
 
 
 
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