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Today's Headlines

 
January 6, 2021
 
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National

 

REUTERS REPORT-Regulators Ignored Workers' COVID-19 Safety Complaints Amid Deadly Outbreaks

Miguel Cabezola, a driver for United Parcel Service Inc. in Tucson, Arizona, complained on March 27 to U.S. workplace safety regulators,...
 

COVID-19 Business Interruption Rulings, Most Favoring Insurers, Moving to Appeals

A wave of litigation over business-interruption losses caused by COVID-19 shutdown orders has started splashing into the appellate...
 

FEMA Buys $1.153 Billion of Reinsurance for Flood Insurance Program for 2021

The Federal Emergency Management Agency (FEMA) has once again procured private sector reinsurance from more than 30 carriers for the...
 

FCC Appears Unlikely to Act on Trump Bid to Change Social Media Liability

The prospects of Federal Communications Commission Chairman Ajit Pai taking action on an effort to narrow social media companies' legal...
 

Insurer Centene to Buy Magellan for $2.2 Billion to Expand Its Mental Health Services

Health insurer Centene Corp. said on Monday it has agreed to buy Magellan Health Inc. in a $2.2 billion deal including debt, looking to...
 

How Kindness & Giving Prevailed in a Year Fraught with Challenges

This year has been unusually challenging, to say the least. We've been thrust into a virtual life of Zoom work meetings, virtual school,...
 

Lloyd's Perspective on the U.S. Property Insurance Environment

While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd's market who were in the process of...
 

20 Editor's Picks for 2020 (Slideshow): AI, Social Inflation, Talent and More

In a year where news about COVID-19 dominated the headlines, Carrier Management published feature content in line with...
 
More National News »
 
 
 
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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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East

 

Seven Charged with Felonies in Vandalism to Federal Buildings in Philadelphia

Seven people are facing felony charges after at least two federal buildings in Philadelphia were vandalized on New Year's Eve and the...
 

Union Mutual Insurance Company Hires Lambert as VP of IT, Operations

The board of directors for Union Mutual Insurance Company voted at their December meeting to appoint Philip Lambert to be the company's...
 

Markel Corporation Hires Gandy as Managing Director for Talent, Diversity and Inclusion

Markel Corporation has hired Trevor Gandy as managing director for Talent, Diversity and Inclusion, effective January 1, 2021. In this...
 
More East News »
 
 
 
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Midwest

 

Charles Taylor Acquires Wisconsin TPA, Insurance Management Firm Aegis

Charles Taylor, a technology products and services to the global insurance market, has acquired Aegis Corp. (Aegis), a Wisconsin-based...
 

Cincinnati's Core Specialty Makes Key Appointments in Property Division

Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc. has filled several key roles within its Property Division, led by Alison...
 

White Named Communications Director for Wisconsin Insurance Agents Group

The Professional Insurance Agents of Wisconsin (PIAW) has hired Natalie White as the association's new communications director. White...
 

Michigan Governor Vetoes Bill to Let 1-Time DUI Offenders Clear Record

Michigan Gov. Gretchen Whitmer refused to sign a bill that would have let one-time drunken drivers ask a judge to set aside their...
 
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Southeast

 

Commentary: Florida Adoption of Federal Judgment Standard a Win for Insurers

The way liability claims are litigated in Florida will dramatically change, possibly shifting the balance of power in pre-trial...
 

Mississippi Disaster Request Approved for Hurricane Zeta

The Trump administration has approved Gov. Tate Reeves' request for federal help following Hurricane Zeta. President Donald Trump...
 

North Carolina CEO Sues Over 'Faulty' Windows, Doors in $16M Home

The CEO of a marketing and technology company has gone to court over what he says are faulty custom-made steel-and-glass windows and...
 
More Southeast News »
 
 

South Central

 

Global Risk Solutions Acquires Texas Energy Loss Specialist, R Winkler & Co.

Claims adjusting and environmental risk management solutions provider, Global Risk Solutions Inc., has acquired specialist energy sector...
 

Craig to Lead Sky Skyward Specialty's New Healthcare Professional Liability Unit

Houston-based specialty property/casualty insurance holding company, Skyward Specialty Insurance Group Inc., has named professional...
 

Hurricane Delta Disaster Declaration in Louisiana Expanded

Two Louisiana parishes have been added to the federal disaster declaration for Hurricane Delta. Survivors in Allen and Iberia parishes...
 
More South Central News »
 
 
 
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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

 

Insurance Office of America Acquires Enterprise Risk Strategies in Colorado

Insurance Office of America has acquired Enterprise Risk Strategies LLC in Denver, Colo. Terms of the deal were not disclosed. Enterprise...
 

New Rules for Idaho Potato Field Quarantines

U.S. officials have released a new plan involving methods to deal with a microscopic pest in southeastern Idaho that threatens the...
 

Investors Sue Parent Company Behind Alaska Gold Mine

The company behind a proposed copper and gold mine in Alaska faces lawsuits from investors claiming it misled shareholders who have seen...
 

Platinum Specialty Underwriters Acquires IPC in Nevada

Platinum Specialty Underwriters has acquired International Property & Casualty Insurance Brokers of Nevada Inc. IPC will continue to...
 
More West News »
 
 

International

 

January Renewals Saw Some of Sharpest Price Hikes in Recent Years: Howden

Lower investment yields, adverse catastrophe loss development, higher loss cost trends, concerns over climate change, and, of course, the...
 

Peruvian Health Minister Points to 'Controversy' over Pfizer Vaccine Liability Waiver

LIMA - Peru's health minister said on Tuesday that "controversy" had arisen over a liability waiver in the country's negotiations to...
 

British Columbia's New COVID-19 Restrictions Disrupt Construction Projects

CALGARY, Alberta - Restrictions imposed by British Columbia to fight the spread of COVID-19 infections after the holiday break have...
 

Final Insured Losses for Australian Bushfires of 2019/2020 Estimated at A$1.866B

Insured losses for the Australian bushfires of 2019/2020 rose to A$1.866 billion (US$1.441 billion), according to estimates issued by...
 

Marsh Launches UK & Ireland Sharing Economy & Mobility (SE&M) Industry Group

Marsh, the insurance broker and risk adviser, has launched a dedicated Sharing Economy & Mobility (SE&M) industry group in the UK &...
 

TigerRisk Names Ridpath a Partner in Casualty Practice

Broker/adviser TigerRisk announced it has appointed Glyn Ridpath a partner in the company's fast-growing Casualty Practice. Based in...
 
More International News »
 
 
 
adv
 
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
 
 
 
 

Insurance Journal Blogs and Columns

 

You Can Do More Than Survive. You Can Thrive.

This post is part of a series sponsored by ITC (Insurance Technologies Corporation). Independent agents specializing in personal lines...
 
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Research and Webinars

 
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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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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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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...
 
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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

 

Introducing the 2020 Insurance Fraud Hall of Shame

Posted: Wed Dec 30 -- #1 and not even on the list. Hospitals putting the China virus as the cause of death to collect more money and defraud the US tax payer. Jack
 

Drugmakers Plan to Raise Prices in New Year: Reuters, 3 Axis Advisors

Posted: Mon Jan 4 -- Now that they know Biden is in office, they will clean house and we will go back to the old system where the USA will subsidize the rest of... Agency
 

How U.S. Government Will Handle COVID-19 Vaccine Injury Claims Is Largely a Secret

Posted: Wed Dec 30 -- Any PROOF there are "serious side effects" to the vaccine, Craig? Rosenblatt
 

Amazon, Berkshire, JPMorgan Closing Down Joint Healthcare Venture

Posted: Tue Jan 5 -- This is actually quite amazing. 3 of the largest and most respected big corporations in the world decided to attack one of the big problems... Craig Winston Cornell
 

Florida Court Upholds Policyholder Right to Assign Benefits

Posted: Tue Jan 5 -- These types of cases (AOB, inflated attorney's fees, unauthorized work repairs before inspections) have to start trending insurance... Tiger88
 
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