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January 13, 2021
 
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National

 

Study: Masks, Distancing, Testing Shown As Effective As Vaccines on College Campuses

The combined effectiveness of three COVID-prevention strategies on college campuses--mask-wearing, social distancing, and routine...
 

COVID-19 Highlights Need for Protections for Millions of Homeworkers

The dramatic global shift to remote working during COVID-19 lockdowns has underscored an urgent need for greater protections for...
 

U.S. Warns of Sanctions on European Firms and Insurers Over Russia's Nord Stream

The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline...
 

U.S. Automated Vehicles Testing Program Expands to 52 Participants

The federal government's program working with states and developers of automated vehicles has grown from a pilot operation to one with 52...
 

Core Specialty Partners, Lancer Launch Excess Transportation Program

Core Specialty Insurance Holdings and its subsidiaries have partnered with Lancer Management Co. to provide excess liability limits for...
 

Insurance Broker Aon Drops Trump Organization

Insurance broker Aon has ended its business relationship with the Trump Organization, Insurance Journal has learned. The Trump...
 

Workers' Comp Expansion for COVID-19 Led to Narrow Benefit in 6 States

While at least 17 states have passed laws or issued orders that expanded access to workers' compensation benefits for employees who contract...
 

The Dos and Don'ts of Digital Transformation A Guide for Insurance

One year ago, as insurers looked toward the start of a new decade, the industry was beginning to hit its digital stride....
 
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East

 

Maine Fishing Boat Owner Says Its Not at Fault for Sinking

The owner of a Maine boat carrying four fishermen that sank off Cape Cod last fall has asked a court to declare it is not at fault. The...
 

W.R. Berkley Sells Manhattan Real Estate Investment Property

W.R. Berkley Corp. sold off one of its real estate investments - a New York City office complex - at the end of 2020. The sale generated...
 

USG Insurance Services Promotes Faust to Senior VP, Canonsburg Branch Manager

USG Insurance Services Inc., a national wholesaler and managing general agency, has promoted Becca Faust to senior vice president and...
 
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Midwest

 

Cohen Promoted to Divisional Group President in Great American's P/C Group

Great American Insurance Group, based in Cincinnati, Ohio, promoted Jason M. Cohen to divisional group president within its Property &...
 

Wisconsin Man Charged with 18th Drunk Driving Offense

A 73-year-old Green Bay, Wisconsin, man has been charged with his 18th drunken driving offense, after a crash on Jan. 8 that took out...
 

New Duck Boat Tours Planned for Missouri Lake Where 17 Drowned

A new company said it is planning to bring tours featuring "unsinkable" amphibious boats back to a Missouri lake where 17 people drowned...
 
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Southeast

 

Fitch: Florida Homeowners' Insurers Performance Deterioration Continues

Florida homeowners' insurance specialists are reporting continued performance deterioration and a decline in capitalization levels,...
 

Delivery Driver Killed in Drywall Accident at Florida Home Depot

A delivery driver was killed Sunday night when a load of construction materials fell on him at a Home Depot store in Florida, police...
 

'Zombie Law' Cited in Court Fight Over Mississippi Marijuana

Attorneys trying to block a Mississippi medical marijuana program say the state is using a "zombie law" about old congressional districts...
 

Exceptional Risk Advisors Acquires International Specialty of North Carolina

Exceptional Risk Advisors, a Lloyd's of London coverholder, has acquired assets of International Specialty Insurance Services....
 

Ebner Retires from North Carolina-Based McGriff

McGriff's Tommy Ebner, leader of the company's oil and gas practice, and former president and CEO of McGriff, Seibels & Williams, Inc.,...
 
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Understanding Business Income
 
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South Central

 

Hickman Joins AUI's Brokerage Division, Energy Practice in Dallas

Appalachian Underwriters Inc. (AUI) has added Dustin Hickman to its brokerage department as a casualty broker in Dallas. Hickman joins...
 

FEMA: NW Arkansas Preliminary Flood Insurance Rate Maps Ready to View

FEMA has made available for review Preliminary Flood Insurance Rate Maps (FIRMs) for certain municipalities and unincorporated areas in...
 

Army Corps Proposes $2B in Improvements South Louisiana Levees

A federal agency is proposing $2 billion in improvements to the levee system that protects against hurricane flooding along portions of...
 

Texas Hospitality Sector Hardest Hit in Pandemic; State Has $1B Budget Hole

The coronavirus pandemic has created a nearly $1 billion deficit in the Texas state budget as the nation's energy hub remains hampered by...
 
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West

 

Washington Atmospheric River Brings Threat of Floods, Landslides

The Pacific Northwest is bracing for flooding and landslides, while the mountains will see heavy snow and possible avalanches on...
 

Former Washington Police Chief Getting $125K Settlement

A former Washington state police chief who was fired last year is expected to collect a $125,000 settlement. Michael Campos was fired in...
 

Washington Bill to Ban Insurers from Using Credit Scores Heads to Senate

Washington Insurance Commissioner Mike Kreidler's bill to prohibit insurers from including information from consumer credit histories in...
 

Former NFL Player Suing AIG Over California Burglary

Former NFL player Antonio Gates and his wife, Sasha Gates, are suing their homeowners insurer, AIG Property Casualty Co., accusing them...
 
More West News »
 
 

International

 

Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships

LONDON - Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that...
 

COVID-19 Highlights Need for Protections for Millions of Homeworkers

The dramatic global shift to remote working during COVID-19 lockdowns has underscored an urgent need for greater protections for...
 

British Airways Faces Major UK Class-Action Lawsuit After 2018 Data Breach

British Airways Plc faces the largest privacy class-action lawsuit in UK history over its 2018 customer data breach. More than 16,000...
 

Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions

Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord...
 

Howden Group Invests $84M to Support Its Treaty Reinsurance MGA, Tamesis DUAL

Howden Group Holdings announced an investment of $84 million in support of Tamesis DUAL Ltd., the reinsurance division of DUAL Group, the...
 

RenaissanceRe Creates Environmental, Social and Governance (ESG) Strategic Areas

RenaissanceRe Holdings Ltd. has announced three strategic focus areas as part of its Environmental, Social and Governance (ESG) strategy:...
 

Canopius Re Receives License in Bermuda to Operate as Class 4 Reinsurer

Canopius announces its Bermuda-based reinsurance company Canopius Reinsurance Ltd. has been granted a Class 4 reinsurer license by the...
 
More International News »
 
 
 
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Business Income Insurance Demystified
 
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Insurance Journal Blogs and Columns

 

One Catastrophic Failure to Manage Risks

Wednesday, January 6, 2021, was a historic day in the US. It could have been historic because the US Congress was voting to certify an...
 
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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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7 Ways Insurers Should Use Technology to Augment Their Teams

For the Insurance industry, digital transformation has shifted from the 3 - 5 year plan to the 6 month plan. That transformation...
 
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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...
 
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New HBR Report: Carrier CEO Survey Results on Insurtech, Broker Incentives and More

It has never been more evident that traditional paradigms no longer serve the insurance industry or its customers. To understand...
 
More research and webinars »
 
 

Insurance Journal TV

 
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ICS20 Soundbite: Capacity, Vaping Among Issues in Cannabis Industry Going Forward

Norman Ives, a wholesale insurance broker at Worldwide Facilities LLC specializing in custom...
 
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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...
 
Watch more videos at InsuranceJournal.tv »
 
 

Reader Comments

 

More Capitol Hill Rioters Face Firings Back at Work

Posted: Tue Jan 12 -- An estimated 200,000. people attended the rally in D.C. An estimated 1,000 people broke into the Capitol building. 199,000. people were... Craig Winston Cornell
 

Ethics and Insurance Fraud

Posted: Thu Jan 7 -- A well meaning opinion. But the evidence does not connect ethical behavior and success. In fact, our business is filled with people who... Craig Winston Cornell
 

Biden's Choice for Labor Secretary — Boston's Mayor Walsh— Signals Pro-Worker Policy

Posted: Fri Jan 8 -- Trump is gone, Planet. Get a new Hate Target. And did you ever notice that American unions have almost disappeared in the private sector... Craig Winston Cornell
 

Earth Draws Closer to Climate Change Tipping Points After Another Year of Record Heat

Posted: Fri Jan 8 -- History will show that the very people who said they "believed" in climate change could never agree on the right tactics to confront it.... Craig Winston Cornell
 

South Dakota Gov. Orders Legal Challenge to Recreational Pot Measure

Posted: Mon Jan 11 -- Just one more reason (the other being banking regulations) why marijuana needs to be removed as a Schedule I drug on the federal level. Rosenblatt
 
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