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October 6, 2021
 
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National

 

Biden Administration Releases Guidance for COVID-19 Vaccine Mandate and Exemptions

With just weeks remaining before federal workers must be vaccinated against COVID-19, the federal government has outlined procedures for...
 

In Case of Child's Cancer, Bayer Wins First Roundup Jury Verdict

Bayer AG won its first trial over claims its Roundup weedkiller causes cancer after a California jury found that the herbicide was not a...
 

If Facebook Is the Problem, Is a Social Media Regulator the Fix?

Facebook whistleblower Frances Haugen told Congress on Tuesday that one option for making social media less harmful would be to create a...
 

Insurate, Workers' Compensation Insurtech, Secures $4.5M Investment

Omaha-based Insurate, a data science-based provider of workers' compensation, announced a $4.5 million seed round led by HSCM Ventures,...
 

Kansas' Fee Succeeds South Carolina's Jensen as Chair of National Big 'I' Agents

The Independent Insurance Agents & Brokers of America (the Big "I") installed Kansas' Bob Fee, president of Fee Insurance Group Inc. in...
 

Coalition Acquires Digital Commercial Agency Attune

Coalition, a San Francisco-based cyber insurance and security company, has acquired Attune, a digital agency with a platform focused on...
 

Climate Change Impact: 40% Chance of '100-Year Storms' Over 20-Year Span

While events like Hurricane Ida and a Texas winter freeze demonstrate wide-reaching impacts of climate change to all but ardent deniers,...
 

James River Unloads Rideshare Reserves To Uber Captive

Late last month, James River Group Holdings, Ltd. announced that two of its principal operating subsidiaries entered into a loss...
 

Swiss Re Estimates Hurricane Ida Could Cost Insurers $30 Billion

On an industry level, Swiss Re now estimates that total insured market losses from Hurricane Ida to be in the range of $28-30 billion,...
 

Insurance Industry Keeping Up With an Energy Market in Transition

Last year was a wild one for the energy sector. There were, of course, COVID-19 related issues. The sector also dealt with continuing...
 
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East

 

Pennsylvania Man Sentenced for Insurance Fraud After Staging Motor Vehicle Accident

A Pennsylvania man was sentenced to 180 days in the Essex County Correctional Facility as a condition of probation for committing...
 

Syracuse University Settles $3.7M Gender Pay Lawsuit

Syracuse University will pay $3.7 million to settle a lawsuit brought by five female faculty members who claimed they were paid less than...
 

FEMA Flood Insurance Update Could Mean Higher Premiums in Connecticut

Flood insurance premiums figure to increase for thousands of Connecticut residents when the federal government implements a new rate...
 
More East News »
 
 
 
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Midwest

 

Tootsie Roll Machine Cuts Off Part of Worker's Finger in Chicago Plant

A federal agency has recommended that Tootsie Roll Industries pay more than $136,000 in fines after a machine at its Chicago plant cut...
 

People Moves: Grange Insurance Executive Changes; Butzke President of PIA Wisconsin; Lowe Joins Player's Health in Minnesota

Executive Changes at Grange Insurance Grange Insurance Co. in Columbus, Ohio, named John North president of Commercial Lines and Cheryl...
 

Judge Questions Army Corps' Clean Water Act Decision on Indiana Dairy Farm; Orders Review

A federal judge has ordered the U.S. Army Corps of Engineers to review its decision that a dairy farm built in northwest Indiana to house...
 
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Southeast

 

More Cities Face Tough Choice: Rebuild in Flooded Area or Move

Like a growing number of communities across the country, the west Tennessee town of Waverly faces a difficult dilemma: Whether to rebuild...
 

Custard Adjusts Recipe, Acquires Specialty Group

Custard Companies, parent organization to Custard Insurance Adjusters, has acquired Florida-based Specialty Group Inc., an investigations...
 

10 Years On, Florida AOB Case Goes Back to Trial Court

It started out as a relatively minor automobile accident a decade ago. Now, after multiple appeals and more than a million dollars spent...
 

Florida Regulators to Hold Hearing on Comp Rate Decrease

Florida insurance regulators are set to hold two hearings in the next three weeks to examine workers' compensation rates and worker...
 
More Southeast News »
 
 
 
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7 Ways to Ruin a Work Comp Program
 
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South Central

 

Swiss Re Estimates Hurricane Ida Could Cost Insurers $30 Billion

On an industry level, Swiss Re now estimates that total insured market losses from Hurricane Ida to be in the range of $28-30 billion,...
 

Louisiana Hospital: Judge's Ivermectin Court Order Invites Lawsuits

A judge's order to give the deworming drug ivermectin to a critically ill COVID-19 patient invites more lawsuits demanding unapproved...
 

Parents Sue City After Boy's Death From Brain-Eating Amoeba in Texas

The parents of a 3-year-old boy who died after being infected with a rare brain-eating amoeba that was found at a Texas splash pad he'd...
 

Texas Records $699.8M in Surplus Lines Premiums in September

Texas surplus lines premium recorded during September totaled $699.8 million, bringing the state's year-to-date premium up to $6.88...
 
More South Central News »
 
 
 
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West

 

Inszone Acquires Yuma Foothills Insurance in Arizona

Inszone Insurance Services acquired Yuma Foothills Insurance in Yuma, Ariz. Yuma Foothills Insurance has provided insurance services to...
 

Slow Response to Report of California Oil Spill, Records Show

The U.S. Coast Guard received the first report of a possible oil spill off the Southern California coast more than 12 hours before a...
 

California Jury Awards $6.3M to Actress in State Farm Fire Suit

A federal jury in Los Angeles awarded $6.3 million to actor Shannen Doherty on Monday in a lawsuit alleging that State Farm failed to pay...
 

California Orders 3 Insurers to Give Refunds for Those Who Drove Less During Pandemic

California Insurance Commissioner Ricardo Lara on Wednesday directed three auto insurance companies to reimburse California drivers the...
 

DOXA Insurance Holdings Acquires AGIA in California

AGIA Inc. in Carpinteria, Calif., and its sister company Worldwide Rescue and Security, Inc. have been acquired by DOXA Insurance...
 
More West News »
 
 
 
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International & Reinsurance

 

Lloyd's and London's Finance District Confront a Past Steeped in Slavery

LONDON -- British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd's of London insured many of...
 

Behind the Crypto Broker Accused of Enabling Ransomware Hackers

A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the...
 

Singapore Plans to Review Cybersecurity Strategy and Laws

Singapore plans to review its strategy to further safeguard the country against cyber attacks, and may also revise its laws in this area....
 

Brazil's Vale CEO Says Dam Tragedies Were Wake Up Call on Safety, Green Policies

After two deadly dam disasters that made Vale SA a pariah of the global green movement, Brazil's largest mining company is striving to...
 

People Moves: Marsh Names Bruce as CEO, Marsh Commercial, Succeeding Gruppo

Marsh, the world's leading insurance broker and risk adviser, announced the appointment of David Bruce as CEO, Marsh Commercial. Subject...
 
More International & Reinsurance News »
 
 

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Research and Webinars

 
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Agents have the expertise. Now they have the quoting speed, too.

Businesses rely on their agents and brokers to understand the risks they face and to make recommendations on how to best protect...
 
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Reducing Workers' Compensation Risks in the Construction Industry

With increased demand for new homes and building materials, the industry faces challenges finding skilled workers to do the job....
 
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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...
 
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Rethink Your Agency Operations – 5 Levers for More Business Growth & Profitability

ReSource Pro offers five in-demand solutions for more unique business growth and profitability: Growth Solutions Policy...
 
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Getting in Sync with Your Commercial Haulers

Agents and brokers dealing with transportation clients should have a solid grasp on the pandemic induced developments impacting...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP.24: Are Public, Private Partnerships the Answer to Cybersecurity's Risk Management Problem?

The Biden Administration is increasingly prioritizing growing ransomware threats as a risk...
 
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EP. 33 Claims Data on Crime at Cannabis Operations Points Finger at Insiders

Based on its most recent claims data, one big national cannabis insurance firm found that many...
 
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