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Today's Headlines

 
February 2, 2022
 
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National

 

How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers

Self-driving vehicle companies from Tesla Inc. to General Motors Co.'s Cruise are racing to start making money with their technology,...
 

Chubb Net Income Drops in Q4, More Than Doubles for Year

Chubb reported fourth quarter 2021 net income of $2.1 billion, a decrease of 11.5% compared to the same period the prior year....
 

Sweeping Class Action Accuses NFL Teams of Racial Bias Against Blacks

The recently fired head coach of the Miami Dolphins has filed a scathing lawsuit accusing the National Football League of past and...
 

Metromile Shareholders Approve Acquisition by Lemonade

Metromile said its stockholders have approved its acquisition by digital insurer Lemonade. The transaction is expected to close in the...
 

Use of Fertilizer Behind Explosions, Fires Declines Due to High Risks

The nitrogen fertilizer causing a stir over imminent danger of explosion in North Carolina has been fading from the U.S. market exactly...
 

Insurance Technology: C&F Pet Insurance Adds Health Tool; Frederick Mutual Adds Digital Document Protection

Petriage, a pet health technology company, has developed a veterinary platform it calls a "teletriage symptom analysis tool" that informs...
 

People Moves: Great American P&C Names Thompson President; Philadelphia Insurance Promotes Ricca, Rosencrans, Flowers

Great American Insurance Group announced that David L. Thompson Jr. has been named president and chief operating officer of Great...
 

Despite Mitigation, Cyber Attacks, Rate Hikes to Continue in 2022

As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a...
 

Is It Time to Sell the Building? Financial, Risk Officers Struggle With Culture, Talent Issues

Even though representatives of Lloyd's of London prepared the world for the news last year, last week's headlines...
 
More National News »
 
 

Insurance Jobs

 

Commercial Lines Rater / Rating Technician - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Agency Bookkeeper - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Sales Representative/ Insurance Carrier - National General Insurance [An Allstate Company] - IA, KY, KS, MN & UT - Remote/Work from Home

 

Insurance Underwriter - New Energy Risk - San Francisco Bay Area

 

Small Business Account Manager - Plastridge Insurance - Delray Beach, FL/Remote/Hybrid available

 
 
 

East

 

Family's Wrongful Death Suit Alleges Disability, Rights Violations by Delaware City, Police

The family of a Delaware man who was fatally shot by local police two years ago while he was armed with a knife has sued the city and...
 

Rhode Island Bus Service Says Data Breach Affected 22,000

A data breach at the state agency that operates Rhode Island's public bus service compromised the personal information of about 22,000...
 

World Insurance Associates Buys Connecticut's Summer & Summer

New Jersey-based broker World Insurance Associates reports it has acquired Sumner & Sumner, Inc., an Insurance agency in Willimantic,...
 
More East News »
 
 
 
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Midwest

 

AM Best Assigns Michigan's Universal & Fire Casualty Excellent Rating

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to Universal...
 

Missouri Man Pleads Guilty in Arson, Insurance Fraud Scheme

A Kansas City-area man has pleaded guilty to an arson and insurance fraud scheme that allegedly destroyed three houses from 2013 to 2019....
 

Former U. of Michigan Students' Lawsuit Accuses Ex-Professor of Sexual Misconduct

Students of a former University of Michigan lecturer recounted stories of alleged sexual assault, psychological torture and university...
 
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Southeast

 

Florida Senate Committee Approves Actual-Cash-Value Roof Bill

It came later than some had expected, but Florida's Senate Banking and Insurance Committee on Wednesday passed a much-anticipated bill...
 

People: Century Risk Brings Benefits Veteran on Board

Century Risk Advisors, an independent insurance and risk management firm based in Boca Raton, announced it has named Jose Gonzalez...
 
More Southeast News »
 
 

South Central

 

Winter Storm Likely to Bring Heavy Ice to Texas

A major winter storm was expected to affect a huge swath of the United States beginning Feb. 1, with heavy snow starting in the Rockies...
 

Louisiana Department of Insurance Fines Auto Insurer $350,000 Over Improper Activity

Auto insurer Lyndon Southern Insurance Company has paid a maximum $350,000 fine after the Louisiana Department of Insurance performed a...
 

Jencap Group Acquires Texas' Delta General Agency

Jencap Group LLC has acquired the assets of Delta General Agency Corporation, a full-service specialty wholesale brokerage and managing...
 
More South Central News »
 
 
 
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West

 

Hub Acquires Assets of Kornerstone in California

HUB International Ltd. acquired the assets of Kornerstone Inc. in Chico, California. Eric Blofsky, pesident, and the Kornerstone team...
 

BTIS Launches Expanded Workers' Comp Coverage in California, Arizona, Colorado, Oregon, Nevada, Texas

Builders & Tradesmen's Insurance Services Inc. announced access to an expanded workers' compensation coverage option, which is now...
 

California Universal Health Care Bill Fails to Pass

A bill that would have created the nation's only government-funded universal health care system died in the California Assembly on Monday...
 

Washington Commissioner Adopts 3-Year Credit Scoring Ban, Proposes Transparency Rule

Washington Insurance Commissioner Mike Kreidler has adopted his rule banning insurers from using credit information to set auto,...
 

Commercial Farm Coverage Now Available Through California FAIR Plan

The California FAIR Plan on Tuesday began offering basic property insurance for farmers unable to obtain coverage from traditional...
 
More West News »
 
 

International & Reinsurance

 

Climate Change Litigation: Why Better Disclosure Is Vital as Cases Rise

With the effects of climate change becoming more palpable, a rise in climate litigation cases could have significant financial and...
 

Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh

Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second...
 

UK Banks Face Surge in Equal Pay Claims After Landmark Ruling Against BNP Paribas

Stacey Macken fought more than eight years for equal pay. Her victory over BNP Paribas SA this week at a London court may encourage a...
 

Credit Suisse Faces $45.5 Million Claim in Swiss Money-Laundering Trial

Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse in a money-laundering...
 

Toyota Settles Lawsuit That Blamed Employee's Suicide on Overwork, Harassment

TOKYO (AP) - Toyota has settled a lawsuit that blamed overwork and harassment for the suicide of one of its employees. Toyota Motor Corp....
 

Swiss Re Corporate Solutions Promotes 2 in Engineering & Construction; Chubb Names Houghton Head of Distrib., UK & Ireland; Marsh Hires AXA XL's Latham to Lead ART, UK&I

This edition of International People Moves details appointments at Swiss Re Corporate Solutions, Chubb and Marsh. A summary of these new...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

3 Reasons Insurance Professionals Should Read "Pay Up"

There is definitely one thing that you could accurately accuse me of, being behind in my reading. There is a bookshelf across from my...
 

5 Tech Tools for the Digital Insurance Professional: An Ebook

This post is part of a series sponsored by AgentSync. Having tech tools that make collaboration easy and efficient, and that reduce...
 
More Blogs »
 
 

Research and Webinars

 
research

The Ultimate Tax Savings Guide For Insurance Agents

Tax season is here, and as an insurance agent, there are many unique tax strategies available that will help you maximize your...
 
research

Three Keys to Differentiating Your Brokerage

In an increasingly crowded and commoditized market, brokers are faced with minimal customer loyalty and look to differentiate...
 
research

Risk Management Checklist: Are you helping your clients navigate their critical areas of risk?

Use this tool to keep track of all the areas of risk your clients might be exposed to and ensure you're helping cover them all....
 
research

4 Agents Share Success Moving Out of Their Comfort Zones

Independent agents and dedicated agents looking to transition to an independent career have a lot to contemplate when...
 
research

2021 Warranty Survey Report

The Warranty Survey report takes a deeper dive into data, such as: Who is most likely to have purchased an extended warranty in...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 40: EPL Challenges for Cannabis Include High Turnover

Employment practices liability is tough across pretty much all industries. As cannabis...
 
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EP. 39: Expert Says Cannabis Insurance Rates for Cyber, EPL, Property to Rise in 2022

A survey of 200-plus cannabis insurance-focused professionals at one of the largest brokers in...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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