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Today's Headlines

 
October 21, 2020
 
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National

 

Election Security: Retailers Board Up Stores Amid Fears Over More Civil Unrest

This time last year, shoppers on Chicago's Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window...
 

After Helping Shepherd Pandemic Loans, Banks Now Brace for Regulatory Risks

Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a...
 

As Employees Have Stressed Out During Pandemic, Many Employers Have Stepped Up

The coronavirus pandemic has put millions of Americans out of work. But many of those still working are fearful, distressed and stretched...
 

Getting Digital Currency Right More Important Than U.S. Being First, Says Fed's Powell

In any development of a cross-border digital currency, it is more important for the United States "to get it right than be first," U.S....
 

The Main Street America Group Rebrands, Expands Commercial Offering

The Main Street America Group, a U.S. provider of property/casualty insurance through independent agents, has unveiled a new name and...
 

Burns & Wilcox Adds Personal Lines Cyber Protection for Homes, Families, Individuals

Burns & Wilcox has launched Cyberman365, a new exclusive product line designed to mitigate personal cyber risks for individuals, families...
 

RSG Underwriting Managers Names Wuller Executive Vice President

Ryan Specialty Group (RSG) announced the appointment of Miles Wuller as executive vice president of RSG Underwriting Managers, the...
 

Conservative Culture Stymies Efforts to Diversify Insurer Executive Leadership

Attempts to diversify insurers' executive leadership are often stymied by conservative leadership and cultures, even...
 
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East

 

Target to Enhance Safety at 200 Northeast U.S. Stores in Department of Labor Settlement

The U.S. Department of Labor has executed a region wide corporate settlement agreement with Target Corp. to correct exit access and...
 

World Insurance Associates Acquires Virginia's Hampton Insurance Agency

World Insurance Associates LLC (WIA) has acquired Hampton Insurance Agency LLC of Hampton, Va., on October 1, 2020. Terms of the...
 

Insurtech Vouch Insurance Expands Coverage to New York

Vouch Insurance, a business insurance platform for startups, has expanded its coverage into New York. The expansion is an effort to bring...
 

Omaha National Expands Workers' Comp Coverage into Connecticut, Georgia

Omaha National, a workers compensation insurance provider serving small and midsize employers, has expanded its coverage into Connecticut...
 
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Midwest

 

Ohio Workers' Comp Bureau Issuing $1.3B in Second Dividend for 2020

The Ohio Bureau of Workers' Compensation will be sending more than $1.3 billion to Ohio employers over the next week to ease COVID-19's...
 

121,000 Gallon Oil Spill Reported in North Dakota

North Dakota regulators say an equipment failure at a well near Watford City led to the release of more than 121,000 gallons of oil. The...
 

1 Killed, Another Injured in Minnesota Construction Accident

One person was killed and another critically injured Friday when a construction truck boom fell near Litchfield, Minn., according to the...
 
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Southeast

 

Tennessee Governor to Extend Local Mask Executive Order

Gov. Bill Lee intends to extend an executive order that allows the majority of Tennessee's counties the option to require face coverings...
 

Drunk Driving Arrests in Alabama County Spike During Pandemic

A spike in drunk driving cases in an Alabama county has led to speculation that the stresses associated with the coronavirus pandemic may...
 

Study of Rare Cancer Cluster in North Carolina Town Inconclusive

An investigation into a cluster of rare eye cancer cases in a North Carolina town has concluded without finding any definitive answers....
 

Omaha National Expands Workers' Comp Coverage into Connecticut, Georgia

Omaha National, a workers compensation insurance provider serving small and midsize employers, has expanded its coverage into Connecticut...
 
More Southeast News »
 
 

South Central

 

More than 6,500 Still in Louisiana Shelters After Hurricanes

More than 6,500 people are still in temporary shelters after back-to-back hurricanes hit Louisiana, according to the state, but some are...
 

Dell Sued in Dallas for Violation of Equal Pay Laws

Texas-based Dell Inc. violated federal law by paying lesser wages to a female IT analyst than it paid to a male employee performing work...
 

Greenhouse Gas Storage Project Planned for Louisiana

A Louisiana company plans to create a deep underground repository to store up to 80 million tons of carbon gas now released into the air...
 
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West

 

Applied Underwriters Sues California Over 'Bad Faith' Insurer Conservatorship Plan

Workers' compensation specialist Applied Underwriters is suing California Insurance Department officials to halt a state plan its says...
 

New Mercury Insurance Programs Target California Homeowners' Wildfire Risk

Mercury Insurance has launched two new programs designed to help Californians better protect their homes and families if they live in...
 

California Could See More Fire-Prevention Power Shutoffs

Electricity may be shut off to 50,000 Northern California utility customers this week to try to prevent power lines from sparking and...
 

NTSB Faults Owners for Deadly California Dive Boat Fire, Calls for Major Safety Improvements to Small Passenger Vessels

The National Transportation Safety Board on Tuesday determined the probable cause of a 2019 California dive boat fire and sinking that...
 
More West News »
 
 

International

 

Munich Re Reports €800M of COVID-19-Related Losses During Q3

Munich Re reports approximately €800 million (US$935 million) in COVID-19-related losses in reinsurance during the third quarter. The...
 

Mexico Government Could Absorb Some Liabilities Arising from COVID-19 Vaccine

Mexico's government could absorb some liabilities arising from unexpected side effects of COVID-19 vaccines but is not considering...
 

COVID-19 Crisis Accelerates Labor Shift from Humans to Robots: WEF Survey

Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates...
 

Nearly 50% of UK Firms Less Prepared for Brexit Because of Coronavirus: Survey

About half of UK firms are less prepared for Brexit compared to last year due to the impact of the coronavirus pandemic, a sign of...
 

Brokerslink Expands Global Network with Affiliates in Central America, APAC and Africa

Global broking business, Brokerslink, has continued the expansion of its global network with three new affiliates from Africa, Central...
 

Hiscox Appoints Former Hamilton Executive Reardon as CEO of Hiscox Re & ILS

Hiscox Ltd., the international specialist insurer, announced the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to...
 

Chubb Names Forman from Swiss Re as Casualty Manager for UK and Ireland

Chubb announced the appointment ofAlex Forman as casualty manager for the United Kingdom and Ireland (UK&I). In this role, Forman will be...
 
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.
 
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Research and Webinars

 
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Connectivity is key: How to bridge the gap between carriers, agents, and customers

Let's face it—the distribution channel has treated carriers, agents, and customers well in the past, but the digital world we...
 
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Your Guide to Insuring High Net Worth Individuals

High net worth individuals and their families --- those with liquid assets of more than $1 million -- have an extensive variety...
 
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Unlocking Big Growth in Small Commercial

To say that the commercial insurance industry is experiencing a moment of massive, unprecedented transformation would be an...
 
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Cannabis: Where the Growth Opportunities Are

The cannabis industry continues to thrive in 2020, creating new products, jobs and businesses - all with insurance...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 11: Where Are All the Cannabis Lawsuits?

Remember the infamous McDonald's hot coffee lawsuit from the 1990s? If blazing java on a...
 
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Increasing Diversity All About Dollars... And Sense

George Woods, a senior exec with Guy Carpenter, is an intriguing guest. He's knowledgeable...
 
Watch more videos at InsuranceJournal.tv »
 
 

Reader Comments

 

California Pledges to Protect Homeowners from Insurer Withdrawals Due to Wildfires

Posted: Tue Oct 20 -- The commissioner can take three actions to improve the market. The first action is to allow markets to properly price the market quickly so... Observor
 

Battery Fires Make Headlines as Electric Vehicle Sales Take Off

Posted: Tue Oct 20 -- Electric Car Salesman: "You will love this car! It costs 30% more than a comparable gas-powered car. It runs on electricity from cheap... Craig Winston Cornell
 

CDC Issues 'Strong Recommendation' for Mask-Wearing by All in Travel Settings

Posted: Tue Oct 20 -- I don't see why a NATIONAL health issue should not have a consistent NATIONAL response. It takes leadership to make the hard decisions, even... Caldude
 

New York City Coronavirus Rule Violations Net $150K in Fines

Posted: Mon Oct 19 -- Never trust data used by a politician to make a point or impose control. Mr. Integrity
 

Man Accused of Tampering with Pizza Dough Held Without Bail

Posted: Tue Oct 20 -- Why would we prosecute someone for intentionally doing something that could endanger the lives of others? Clearly his liberties are being... Caldude
 
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