Insurance Journal
 
 

Today's Headlines

 
May 12, 2021
 
Today's Headline Sponsor: Victor Insurance Managers Inc.
 
 
 
adv
 
Quote A&E Professional liability Online
 
Architects, engineers and consultants professional liability is now available on V². Quote, bind and issue small firm policies online in minutes.
 
Get Quote Online
 
Victor Insurance Managers Inc.
 
 
 
 

National

 

Aon, Willis Towers Watson to Sell WTW Assets to Gallagher for $3.57 Billion

Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health...
 

$2,300 Phone Call. $1,000 Cab Ride. Purdue Runs Up $400M Bankruptcy Tab.

One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab ride to and from the...
 

Workers' Compensation Numbers Indicate Strong Performance During 2020 Pandemic

Because of job losses and shrinking payrolls during the pandemic recession, the workers' compensation industry's net written premium...
 

Starr's Greenberg Initiates Group Letter Urging Biden to Speed Global Vaccination Effort

A group of 16 international business and policy leaders today published an open letter to U.S. President Joseph R. Biden calling on him...
 

eMaxx Platform Eases Insurer Entry Into Captive Market

Commercial managing general agent eMaxx has expanded its turnkey platform for insurance companies to make it easier for them to enter the...
 

First Indemnity to Offer Excess Professional Liability Coverage for Law Firms

First Indemnity Insurance Group, a specialty insurance agency providing professional liability products for lawyers and law firms, has...
 

They're Back! Actuarial Society, Under Pressure, Reinstates Ratemaking Rules

Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty Actuarial...
 

Insurer American National Group Exploring Options Including Possible Sale -Reuters

U.S. insurer American National Group Inc. is exploring options that could include a sale of the company, people familiar with the matter...
 

Insurance Industry Adds Nearly 20K Jobs During Pandemic

Levels of employment for the insurance industry are "holding up much stronger than the overall economy," the leader of...
 
More National News »
 
 
 
adv
 
Garages, Towing, Auto Recyclers + More
 
Reduced rates for garages, auto services, towing, auto parts recyclers. Full package coverage. Unique exposures OK. All size accounts.
 
Get contracted!
 
Arrowhead General Insurance Agency, Inc.
 
 
 
 

Featured Events

 
Commercial Lines Innovation USA

Commercial Lines Innovation USA

May 18 / Virtual
 
 
 

East

 

Blind Teen Alleges Rhode Island Eatery Violated Her Rights

A blind Rhode Island teen and her family have filed a lawsuit with the Providence County Superior Court against a restaurant they say...
 

Maine Paper Mill That Was Site of Explosion Sues Inspection Firm

The owner of a paper mill in Maine that was the site of an explosion last year has filed a lawsuit against a company that was responsible...
 

Kaplansky Insurance Acquires Massachusetts' John P. Riley Insurance

Kaplansky Insurance has acquired its third independent agency of 2021, John P. Riley Insurance. The purchase of the Dorchester,...
 
More East News »
 
 

Insurance Jobs

 

Insurance Agency Bookkeeper - Work At Home Vintage Experts - Remote

 

Personal Lines Customer Service Representative (CSR) or Account Manager - Work At Home Vintage Experts - Remote

 

P&C LICENSED CUSTOMER SUCCESS REPRESENTATIVE FOR INSURTECH STARTUP - Thimble - Fully Remote in USA

 

Medical Stop Loss Marketing Representative - USBenefits Insurance Services, LLC - Remote / Irvine, CA

 

Commercial Lines Account Executive - Guaranteed Rate Insurance - Remote

 
 
 

Midwest

 

People Moves: Patrick to VP at Root; Omaha National Promotes Aronson, Barnes; Hildebrandt to CEO at Assurex Global

Root Inc. Root Inc., the parent company of Root Insurance, has named Christine Patrick vice president, Investor Relations. Patrick comes...
 

Critics Say Indiana COVID-19 Liability Shield Allows Nursing Home Neglect

Advocates for nursing home residents say they worry a new Indiana law expanding COVID-19 liability protections for healthcare providers...
 

After 2 Record-Setting Years, Great Lakes Water Surge Easing

A spell of dry, mild weather is giving the Great Lakes a break after two years of high water that has shattered records and heavily...
 
More Midwest News »
 
 
 
adv
 
GROWTH. STABILITY. HISTORY.
 
Local Agents Start With A Solid Foundation.
APPLY TODAY TO BECOME AN OWNER OF A GEICO LOCAL OFFICE.
 
APPLY TODAY!
 
GEICO Local Office
 
 
 
 

Southeast

 

3 Florida Insurers to Drop Thousands of Policies, Make Moves to Stay Afloat

More than 50,000 Florida policyholders will soon be looking for a new carrier for their homeowners insurance after three Florida-based...
 

Black Ex-Officer Sues Kentucky Police Department Over Firing

A former Kentucky officer who was fired from the Lexington Police department is alleging in a lawsuit that a culture of racial...
 

South Carolina Plant Draws 17K Complaints Over 'Noxious' Odor

A South Carolina cardboard factory has found itself in the middle of a stinky situation as environmental regulators order it to lower...
 

8 Alabama Counties Approved for Federal Disaster Aid from March Storms

President Joe Biden has approved federal disaster aid for eight Alabama counties where tornadoes and strong winds caused damage over two...
 
More Southeast News »
 
 
 
adv
 
History of Professional Lines Insurance
 
With a new introduction by Hank Greenberg, this book will give you the history of professional lines insurance, as told by Larry Goanos.
 
Buy Now
 
Academy of Insurance
 
 
 
 

South Central

 

Louisiana Insurance Agent Arrested on Fraud Charges

A Louisiana insurance agent was arrested on May 10, following an investigation by Louisiana State Police into allegations of insurance...
 

SageSure, SURE to Add Coverage Options for Coastal Property in Texas

SageSure, a managing general underwriter and insurtech specializing in catastrophe-prone property markets, and SureChoice Underwriters...
 

Tesla Owner Got into Driver's Seat Before Deadly Texas Crash: NTSB

Home security camera footage shows that the owner of a Tesla got into the driver's seat of the car shortly before a deadly crash in...
 
More South Central News »
 
 
 
adv
 
Help Clients Assemble a Safe Workplace
 
As members of the Texas Association of Manufacturers, your clients can earn discounts, dividends and more.
 
Learn More
 
Texas Mutual Insurance Company
 
 
 
 

West

 

California Drought Emergency Expanded to Large Swath Of State

California Gov. Gavin Newsom this week expanded a drought emergency to a large swath of the nation's most populous state while seeking...
 

California Balcony Collapse Injuring 9 Prompts Rental Code Probe

The city of Malibu in Southern California it is investigating whether any rental codes were violated at a home where nine people were...
 

Self-Driving Car Firms Seek to Charge for Rides in San Francisco: Reuters

Alphabet Inc.'s Waymo and rival Cruise have applied for permits needed to start charging for rides and delivery using autonomous vehicles...
 

Former Amazon Employee Files Colorado Whistleblower Complaint

A former Amazon warehouse worker has filed a complaint with the Colorado Department of Labor and Employment against Amazon over its...
 

Former California Agent Convicted for Embezzling Insurance Payments

Former insurance agent Wendy Judd, 47, of Madera, Calif., pleaded guilty this week to felony grand theft after embezzling over $20,000 of...
 
More West News »
 
 

International & Reinsurance

 

Aon, Willis Towers Watson to Sell WTW Assets to Gallagher for $3.57 Billion

Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health...
 

U.S. Hailstorms that Cost Insurers Billions - and Other April Natural Disasters: Aon

Insurers face multi-billion-dollar losses from U.S. hailstorms during April, according to Aon's Global Catastrophe Recap report, which...
 

Zurich Insurance Expects Limited Exposure to Greensill Collapse

Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital, the insurer's...
 

Amazon-Backed India Insurer Startup Eyes Funding Round that Could Create $1B Value

Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according...
 

Spain Gives Delivery Firms 90 Days to Convert Gig Riders to Employees

MADRID - Food delivery companies based in Spain have three months to convert their couriers into staff workers under new rules approved...
 

People Moves: Everest Re's Grace Moves to Allianz; Williamson Adds Role as Head of Everest Reinsurance

Everest Re Group reports that Jim Williamson has assumed responsibilities as the head of the Everest Reinsurance Division effective...
 
More International & Reinsurance News »
 
 
 
adv
 
8 New Classes Announced!
 
May webinars are now live for the Academy of Insurance. May offerings include New Classes from Dr. Brenda Wells and Chris Burand plus our favorite and least favorite Commercial Property endorsements.
 
See Whole Lineup
 
Academy of Insurance
 
 
 
 

Insurance Journal Blogs and Columns

 

Business Income and the Supposed Ambiguity of "...Direct Physical Loss of or Damage To..."

We thank friend of the Academy, Christopher J. Boggs for this guest post. Courts are being asked to decide whether the phrase, "direct...
 
More Blogs »
 
 

Research and Webinars

 
research

Discover how to address the emerging risks challenging your nonprofit clients

Discover forward-thinking approaches to address the emerging risks challenging your nonprofit clients and prospects. Nonprofits...
 
research

Insurtech is rapidly changing how independent agents place commercial lines. Find out how.

Historically, it's been difficult for independent agents to profitably place commercial lines, but insurtech is quickly changing...
 
research

Data-delivered results: How analytics can improve your agency

Data and analytics are transforming the insurance industry, and independent agencies have the perfect opportunity to transform...
 
research

The Big Easy Button for Customer Experience in Insurance

Like most industries, insurance companies are accelerating their ability to improve their customer experience to meet new...
 
research

Discover ways to help your commercial auto clients control losses

Loss control is one of the most underutilized services by agents and brokers in the commercial auto industry.  Understanding...
 
More research and webinars »
 
 

Insurance Journal TV

 
adv

Hyper-Personalize Insurance

If you're interested in hearing from a fresh startup insurtech that is all about distribution...
 
adv

EP. 23: Tribal Cannabis Insurance is a Difficult, but Promising Space

Tribal cannabis could turn out to be a space that expands on par with casino businesses on...
 
Watch more videos at InsuranceJournal.tv »
 
 

New Discussions in the Forums

 

Question On Agency Salary Survey

Posted: Tue May 4 -- Hi all, I just downloaded the Agency Salary Survey yesterday and was curious if anyone knew, does the average compensation shown include... Camaroon83
 
Go To Forums »
 
 

Reader Comments

 

Workers Refusing Covid Vaccine Could Lose Their Jobs

Posted: Wed May 5 -- "I believe that it’s illegal to mandate a vaccine when it is under Emergency Use Authorization from the FDA,” one friend wrote." The... John Dough
 

'Vaccine Passport' Apps Gaining Traction in Airports, Live Events

Posted: Wed May 5 -- Is that sarcasm or a sincere comment? Rosenblatt
 

Block Britain From Cross-Border Court Pact, Says EU

Posted: Wed May 5 -- Agreed. Withdrawal doesn't come with a cafeteria plan. reality bites
 

Florida Legislature Passes Major Changes to Auto, Property Insurance Markets

Posted: Wed May 5 -- The insurer doesn't say, in all cases they hire an outside adjuster to look at the roof. Your 19 year old roof is at the end of its life in... WPE Adjuster
 

Texas Fetal "Heartbeat" Bill Expands Lawsuit Liabilities Well Beyond Patient, Provider

Posted: Mon May 10 -- Texas - where the men are men and the women are chattel Caldude
 
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