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Today's Headlines

 
October 27, 2021
 
Today's Headline Sponsor: SIAA (Strategic Insurance Agency Alliance)
 
 
 
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National

 

Global $10.5B Insurtech Funding Train Leaving Many Startups Behind, WTW Advises

While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a...
 

Insuring Cannabis Summit: Capacity Still a Centerpiece of Concern

There is little surprise when a conversation about cannabis and insurance turns to the subject of capacity. "Really when it comes to...
 

Chubb Sees Profit Jump 58% on Premium Growth, Underwriting Income

Global insurer Chubb's third quarter net income soared more than 58 percent year-over-year, as premium gains continued their double-digit...
 

Unvaccinated Pilots Costing It Millions in Paid Leave, United Airlines Tells Judge

United Airlines Inc. told a federal judge the company is spending millions on paid leave for unvaccinated pilots because their colleagues...
 

Global Commercial Insurance Rates Rise 15% in Q3 as Moderation Continues: Marsh

Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded in the...
 

Are Public, Private Partnerships the Answer to Cybersecurity's Risk Management Problem?

The Biden Administration is increasingly prioritizing growing ransomware threats as a risk management problem, according to guests on the...
 

Insurance Industry Told to Expect Global Average Annual Disaster Loss of $106B: AIR

The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a 40% chance of...
 

Sponsored: Climate Risk is Shaping Insurance – Here's How

As climate change alters the atmosphere and increases the frequency and severity of natural catastrophes ...
 

'Attribution Science' May Help Plaintiffs Push Climate Suits Ahead

Although a U.S. Supreme Court decision put an end to climate lawsuits alleging violations of the federal common law of...
 
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Featured Events

 
IASA Exchange Lite

IASA Exchange Lite

December 15 / Virtual
 
 
 

East

 

Connecticut Seeks Disaster Declaration for Flooding Caused by Ida

Connecticut Governor Ned Lamont has submitted a request for a major disaster declaration to the Biden administration, seeking federal...
 

Ex-Liberty University Spokesman Says He Was Fired for Raising Concerns

A former spokesperson for Liberty University is suing the evangelical Virginia school after being fired, alleging in a lawsuit that his...
 

Risk Strategies Acquires New Jersey's Corrigan Johnston Risk Advisors

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an...
 
More East News »
 
 
 
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Midwest

 

People Moves: J.M. Wilson Adds Hotrum; Omaha National Names Four to Board of Directors

J.M. Wilson hires Hotrum as assistant brokerage underwriter J.M. Wilson has hired Amy Hotrum as assistant brokerage underwriter in their...
 

Study: Indiana Workers' Comp Average Medical Claims Higher than Most States

A recently published study from the Workers Compensation Research Institute found that the average medical payment for Indiana workers'...
 

Arthur J. Gallagher Acquires Illinois' The VanDyke Group

Arthur J. Gallagher & Co. has acquired Homer Glen, Illinois-based The VanDyke Group, Inc. Terms of the transaction were not disclosed....
 
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Southeast

 

Carolina Investigation Busts Contractors for Tax Evasion, False Insurance Certificates

For three years, undercover investigators watched as construction company owners in South Carolina met with a check-cashing company in...
 

AM Best Downgrades Outlook for Journey Insurance

AM Best credit rating agency has given Florida-based Journey Insurance Co. a financial strength rating of "excellent," but downgraded the...
 

Residents in 8 Mississippi Counties Can Now Try for FEMA aid for Ida

Mississippi's governor says residents in eight counties can now apply for federal help with Hurricane Ida expenses, and 19 counties can...
 

We Insure Opens Florida Agency with Real Estate Connection

Jacksonville-based We Insure Inc., an insurance franchise company, announced a new operation in Lecanto, Florida, north of Tampa. We...
 

Georgia Court Says No Double Dip on Auto Policies After Accident

The injured party in an automobile collision cannot double-dip on insurance coverage simply because she calls the payment from the other...
 
More Southeast News »
 
 

Insurance Jobs

 

Property Claims Adjuster - DH Adjusting - Greater Los Angeles Area, CA

 

Regional Marketing Director – Business Development - Deans & Homer - California

 

Regional Account Manager - Northwest - Temporary Accommodations - Location: Based in Seattle or Portland (travel expectations 50% - 60%)

 

Experienced Non Standard Auto Insurance Claims Adjuster (Remote Position) - American Freedom Insurance Company - Remote

 

Business Development Executive - Rhode Island (REMOTE) - Main Street America Insurance - Rhode Island (Remote)

 
 
 

South Central

 

Severe Storm Brings Tornado Watch to Texas, Louisiana

A severe storm generated thunderstorms and reports of tornados across southeastern Texas into Louisiana late morning Wednesday, Oct. 27....
 
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West

 

Pair of Earthquakes Confirmed on California's Central Coast

A pair of earthquakes rattled California's central coast late Monday afternoon, the U.S. Geological Survey confirmed. A magnitude 4.7...
 

Big Tech Data Centers Generate Concern Over Scarce Western Water

Conflicts over water are as old as history itself, but the massive Google data centers on the edge of this Oregon town on the Columbia...
 

Takeaways from Our Conversation on Federal Legalization

It's part of just about every cannabis conversation: "Hey, it looks like we're close to seeing cannabis legalized. Is this the year?"...
 

California Labor Commissioner Cites Grocer $1.1M for COVID Sick Leave Practices

The California Labor Commissioner's Office cited Bodega Latina (dba El Super grocery stores) in Southern California $1,164,500 for...
 
More West News »
 
 

International & Reinsurance

 

As Strikes, Riots and Civil Commotion Risks Increase, Insurers Respond With Exclusions

Insurers traditionally have offered protection against strikes, riots and civil commotion (SRCC) at no extra cost, but the increased...
 

Ping An Insurance Profit Falls 31.2% as Returns, Premiums Shrink

SHANGHAI/BEIJING -- Ping An Insurance Group Co of China Ltd., the country's largest insurer by market value, posted a 31.2% fall in...
 

Aston Lark Acquires Birmingham Broker Bainbridge Collins

London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid...
 

Repairing Mexico City's Collapsed Metro Could Cost $40M: Grupo Carso

MEXICO CITY - Mexican billionaire Carlos Slim's Grupo Carso said the cost of repairing a collapsed section of a Mexico City metro rail...
 

Global Minimum Tax Proposal Could Create Double Taxation for Some Insurers: AM Best

Given the accounting differences for global insurance companies in different jurisdictions, a new global minimum tax on certain...
 

UK-Based Broker KGJ Insurance Is Latest Acquisition for NFP

NFP, a New York City-based insurance broker and consultant, has acquired UK-based KGJ Insurance Services Group Ltd. KGJ is a commercial...
 
More International & Reinsurance News »
 
 
 
 
 
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Insurance Journal Blogs and Columns

 

How the Cost of a Contract Bond Is Determined

This post is part of a series sponsored by Old Republic Surety. The business of surety and fidelity bonding represents a growing segment...
 
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Research and Webinars

 
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6 Ways to Launch a Winning Digital Experience

Technology innovation has been shaping the way clients and staff expect businesses to behave for years, but it's important now...
 
research

Tapping Into the Growing Home Based Business Market

The world has changed. Work has changed. Growing numbers of people are stepping away from corporate America and setting up home...
 
research

Understanding the uninsured: Five opportunities for promising growth.

The protection gap is found anywhere your customer is exposed to a risk that they could insure against but do not. This is a...
 
research

Your Involvement Makes a Difference During Disaster

Your response to a client's disaster is the key to customer satisfaction, retention, and referrals. Insurance providers need a...
 
research

Achieving more scalable growth and improving your employee experience

Discover how your company can attract and retain top talent and manage growth with technology that simplifies office space...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP.35: Will Cannabis Legalization, or Safe Banking Pass This Year?

It's part of just about every cannabis conversation: "Hey, it looks like we're close to seeing...
 
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EP.25: These Women Are Fighting Cyber Crime and Cybersecurity's Gender Divide

Growing ransomware attacks aren't the only issue concerning the cybersecurity industry today,...
 
Watch more videos at InsuranceJournal.tv »
 
 
 
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