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October 7, 2020
 
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National

 

How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More

The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims trends and...
 

Supreme Court Hears Google's Appeal of Oracle's $8 Billion Copyright Claim

The U.S. Supreme Court appeared divided on Wednesday as it considered whether to protect Alphabet Inc.'s Google from a long-running...
 

House Antitrust Panel Blasts Big 4 Internet Firms for Abuses; Seeks Reforms, Separations

A U.S. House of Representatives panel looking into abuses of market power by four big technology companies found they used "killer...
 

SEC Warns GE of Possible Securities Violations in Its Insurance Accounting

General Electric said on Tuesday it has received a notice from U.S. Securities and Exchange Commission staff, warning that the company...
 

Progressive CEO Says Move Into Life Insurance Possible: 'More to Come'

Progressive Corp. could soon expand its horizons into life insurance. "We actually are considering that," Chief Executive Officer Tricia...
 

Markel Consolidates Property Catastrophe Reinsurance Business Under Nephila

Markel Corp. said it is creating one center for all of its global property catastrophe (CAT) reinsurance business by closing its Markel...
 

AXIS Insurance Adds 4 Senior Underwriters to Management Liability Team

Specialty insurer AXIS Insurance has hired four experienced underwriters to its U.S. Management Liability team. Christina Segreti, Drew...
 

An InsurTech CEO's Take on Ransomware Attacks

It almost goes without saying at this point: Ransomware attacks are on the rise. Ransomware attacks grew by nearly 50...
 
More National News »
 
 
 
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Featured Events

 
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ACORD Industry First

October 20 / virtual
 
 
 

East

 

Metal Recycler Fined $2.7M for Improper Disposal of Waste

A metal recycler has been fined nearly $3 million for improperly disposing of hazardous waste on its site, the New Hampshire attorney...
 

Seaplane Crashes Into New York City Pier, Killing One and Injuring Two

A single-engine seaplane skipped twice on the water of Long Island Sound while landing and crashed on top of a concrete pier in Queens,...
 

Hub International Limited Acquires Assets of Maryland's Bernstein Insurance

Global insurance brokerage Hub International Limited has acquired the assets of Bernstein Insurance LLC. Terms of the transaction were...
 
More East News »
 
 
 
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Midwest

 

Lawsuit: Omaha Police Used Excessive Force at Protests

A lawsuit accuses Omaha police of using excessive force when they responded to protests against police brutality and racial injustice in...
 

Michigan Company Faces $115K Fine Over Concerns Tied to Chemical Use

A western Michigan company faces a $115,000 fine as part of a proposed consent order with the state over safety concerns tied to the use...
 

Children of Deceased Tyson Worker in Iowa Allege Lax COVID-19 Safety

The children of a Tyson Foods worker who died of the coronavirus in April have filed a lawsuit claiming his plant took few safety...
 
More Midwest News »
 
 
 
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Southeast

 

North Carolina Sets Oct. 31 Continuing Education Deadline After COVID Delay

All licensed insurance producers and adjusters operating in North Carolina with a continuing education compliance period that ended in...
 

Supreme Court Allows Lawsuits Against Fired Kentucky Clerk Kim Davis' to Move Forward

The Supreme Court is leaving in place a decision that allowed a lawsuit to move forward against a Kentucky clerk who was jailed in 2015...
 

The MEMIC Group Appoints Nash as Underwriter for Carolinas

Sealy Nash of Charlotte, N.C. has been appointed as a senior production underwriter at The MEMIC Group, a specialty workers' compensation...
 
More Southeast News »
 
 
 
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South Central

 

Category 3 Hurricane Delta Hits Mexico; Expected to Strengthen, Then Move to U.S.

Updated Oct 7., 2020, 6:58 AM-- Hurricane Delta weakened to a Category 3 storm just before slamming into the coast of Mexico, but remains...
 

HIIG in Houston Hires Rollins as Director of Underwriting, Property

Houston International Insurance Group Ltd. (HIIG) has hired Jason Rollins to join its Commercial Property group as director of...
 

U.S. Offshore Energy Firms Prep for Massive Hurricane

Oil and gas workers withdrew en masse from U.S. offshore production facilities and onshore refineries began preparations on Wednesday as...
 

3 Dead, 1 Hurt in Partial Collapse of Houston High-Rise Under Construction

Three workers were killed on Oct. 5 when a stairwell collapsed inside a high-rise building under construction in Houston, according to...
 
More South Central News »
 
 
 
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West

 

Montana Climate Project Will Install Remote Weather Stations

University of Montana researchers recently received a $21 million government contract, bringing more support and longevity to what has...
 

Bender in California Names Abouelezz Business Development Manager

Sacramento, Calif.-based Bender Insurance Solutions has named Ramy Abouelezz business development manager. Abouelezz will drive organic...
 

Newfront Adds California-Based Brokers in Ag, Service and Manufacturing

Newfront Insurance has added a team of insurance brokers who were formerly part of Paramount Insurance in Fresno, Calif. The move...
 

NFP Acquires Santa Maria & Co. in California

NFP has acquired Santa Maria & Co. in Walnut Creek, Calif. Craig Santa Maria, a principal and cofounder of the firm, will join NFP as a...
 
More West News »
 
 

International

 

How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More

The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims trends and...
 

Hackers-for-Hire Group Targets Officials, Activists, Executives in Middle East

Saudi diplomats, Sikh separatists and Indian business executives have been among those targeted by a group of hired hackers, according to...
 

EU Sources Say Brexit Deal with Britain on Social Benefits 'Closer': Reuters

Britain and the EU are closer to agreement on reciprocal social security rights for their citizens after Brexit, two diplomatic sources...
 

Category 3 Hurricane Delta Hits Mexico; Expected to Strengthen, Then Move to U.S.

Updated Oct 7., 2020, 6:58 AM-- Hurricane Delta weakened to a Category 3 storm just before slamming into the coast of Mexico, but remains...
 

EU Climate Service Says September Was World's Warmest on Record

Last month was the world's hottest September on record, with unusually high temperatures recorded off Siberia, in the Middle East, and in...
 

Howden's Acquisition of A-Plan Group to Create One of UK's Largest Brokers

The international insurance broking group Howden recently announced that it has agreed to acquire A-Plan Group, one of the UK's largest...
 

German Lawmakers Agree to Corporate Accounting Reforms After Wirecard Scandal

Germany's coalition parties have agreed a package of reforms to financial and accounting rules aimed at avoiding another Wirecard...
 
More International News »
 
 
 
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Insurance Journal Blogs and Columns

 

4 Facts I Learned Watching the Strems Trial

One of the unexpected consequences of the COVID-19 pandemic is that I found myself able to watch a live courtroom proceeding from the...
 
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Research and Webinars

 
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OSHA Top 10 eBook

Brokers, help your insureds avoid the most frequently cited violations. OSHA citations. They're rampant, they hide in plain...
 
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Key Insights from 2020 Auto Insurance Consumer Shopping Study

Boost retention by reaching out at the right time with the right message. Auto insurance consumers are shopping more than ever...
 
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Discover All the Inherent Risks of a High Net Worth Individual

High net worth individuals and their families --- those with liquid assets of more than $1 million -- have an extensive variety...
 
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Expert Roundtable: Why going digital is more than a buzz word

Modernizing to provide a client digital experience is more important than ever. But why is an exceptional client digital...
 
More research and webinars »
 
 

Insurance Journal TV

 
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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 »
 
 

New Discussions in the Forums

 

Habitat for Humanity

Posted: Wed Sep 23 -- Hi Wayne, You've gotten one response in the forums thread on MyNewMarkets. It reads: "Anderson and Murison should be able to assist you with... KHoney
 

Workers comp ghost policy

Posted: Wed Sep 23 -- I think the ghost policy referred here means a WC policy without, and not expecting any actual employee/payroll. It is simply to meet... wariline
 
Go To Forums »
 
 

Reader Comments

 

Allstate to Cut 3,800 Jobs as Latest Step in Multi-Year Growth Plan

Posted: Thu Oct 1 -- This is terrible. For all of these massive publicly traded insurers it is a race to the bottom. Everyone wants to trim expenses to... Augustine
 

Insurers Gain Early Wins in COVID-19 Business Interruption Lawsuits

Posted: Mon Oct 5 -- It's refreshing to hear such common sense rulings, and affirm that PHYSICAL PROPERTY damage needs to have occurred for the BI to be... John V.
 

Florida Attorney Behind Thousands of Insurer Lawsuits Violated 14 Bar Rules: Judge

Posted: Wed Sep 30 -- Florida home owners are being hit with 40%-60% rate increases due in large part to the one-way attorney’s fee statute and the courts... Wayne
 

Court Approves $800 Million Settlement For Las Vegas Shooting Victims

Posted: Mon Oct 5 -- Where do I start...make insurance companies pay for something not covered. Hmmm...where does that lead. Higher premiums for ALL. Forest for... Jack
 

Georgia Extends Virus State of Emergency Until November

Posted: Mon Oct 5 -- So, Repub Gov with same party legislature gleefully supports State of Emergency, while Michigan works to politicize the other party Gov for... Caldude
 
Go To Popular Comments »
 
 
 
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