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Today's Headlines

 
June 3, 2022
 
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National

 

Colorado St. Hurricane Team Now Forecasts 'Well Above-Average' Hurricane Season

A day after hurricane season began on June 1, the hurricane research team at Colorado State University upped its forecast of the Atlantic...
 

Amazon Accused of Obstructing House Probe of Deadly Tornado

Amazon.com Inc. is obstructing a congressional investigation of a deadly December tornado by failing to provide documents about emergency...
 

Federal Investigators to Review FDA Response to Baby Formula Recall

Federal investigators have launched a review into whether the U.S. Food and Drug Administration properly inspected Abbott Laboratories'...
 

Jury Sides With Johnny Depp in Libel Case, Awards Him $10M

A jury sided Wednesday with Johnny Depp in his libel lawsuit against ex-wife Amber Heard, awarding the "Pirates of the Caribbean" actor...
 

LexisNexis Acquires Home Inspection Tech Firm Flyreel

LexisNexis Risk Solutions has acquired Flyreel, a Denver-based property technology firm that uses artificial intelligence (AI) and...
 

Climate Change Lawsuits Are Exploding Globally, but Court Wins Are Few

A year ago, a Dutch judge ordered Shell to slash its emissions harder and faster than planned. Victorious campaigners and lawyers...
 

Where In The World Is My Carrier Management Newsletter?

"Hey, I used to get the Carrier Management Daily Headlines newsletter. I wonder what happened to that." If you found...
 
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East

 

Vermont Captive Insurance Law Changes Include Green Light on Parametric Contracts

Governor Phil Scott recently signed legislation (H.515) into law modernizing Vermont's captive insurance statutes, including giving...
 

New Jersey Residents Still Waiting for Hurricane Ida Aid 9 Months Later

New Jersey resident Shashuna Atwater is still living with the awful smell of sewage that inundated her basement when the remnants of...
 

Starkweather & Shepley Acquires Connecticut's Ferman Group

Rhode Island-based Starkweather & Shepley Insurance Brokerage (S&S) reports it has acquired Ferman Group, an East Hartford, Connecticut...
 

Baltimore Sues 'Ghost Gun' Kits Maker as State Ban Begins

The city of Baltimore filed a lawsuit against one of the largest manufacturers of "ghost gun" kits in the United States on Wednesday, the...
 
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Midwest

 

Wisconsin Construction Company to Settle $140,000 EEOC Suit

A Waukesha, Wisconsin construction and commercial real estate renovation company will pay $140,000 and furnish other relief to settle a...
 

Ex-Ohio Insurance Agent Arrested for Defrauding Customers

A former Ohio insurance agent was arrested June 2 on federal charges alleging he defrauded dozens of victims in the Cincinnati and Dayton...
 

AM Best Revises Outlook to Positive for Wisconsin's West Bend Mutual

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term...
 
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Insurance Jobs

 

Personal Lines Umbrella Underwriter - Carrier - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Surplus Lines Tax Filings / Compliance - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Business Development Manager - Intact Insurance Specialty Solutions - Atlanta, GA, Chicago, IL, or Remote

 

Commercial Lines Underwriter II - Frederick Mutual Insurance Company - Frederick Maryland

 

Underwriting Assistant - Frederick Mutual Insurance Company - Frederick Maryland

 
 
 

Southeast

 

RoofClaim.com Fires Up Florida Insurers with Roof Financing Plan

RoofClaim.com, a name that has caused heartburn in the Florida insurance industry in recent years, announced that it is now offering...
 

Tennessee Supreme Court Hears Coal-Ash Workers' Arguments

Tennessee Supreme Court justices fired numerous questions Wednesday at a company that is challenging lawsuits alleging its workers were...
 

7.9% Average Rate Increase for North Carolina Homeowners Kicks in This Week

Starting this week, North Carolina homeowners will see insurance premiums rise by an average of almost 8% for new and renewing policies,...
 

Pro Golfer Killed in Florida Car Accident

Professional golfer Bart Bryant, who once beat Tiger Woods by six shots to collect the biggest paycheck of his career, was killed when a...
 

Parasailing Death in Florida Keys Raises Questions about Captain Cutting Line

A woman from Illinois was killed and two young children were injured when a sudden storm prompted a boat captain to cut loose their...
 
More Southeast News »
 
 

South Central

 

Texas Division of Workers' Comp Seeks Comments on Designated Doctor Rules

The Texas Department of Insurance, Division of Workers' Compensation (DWC) informed workers' comp system participants this week of...
 

Oklahoma Court: Tort Reform Law Allows Lawsuit Against Employer

Jerry Harwood couldn't collect workers' compensation benefits after he was paralyzed when he was struck by a car while trying to cross US...
 
More South Central News »
 
 

West

 

GM's Cruise Wins First California Permit To Carry Paying Riders In Driverless Cars

General Motors Co.'s GM.N Cruise on Thursday became the first company to secure a permit to charge for self-driving car rides in San...
 

Hawaii Youth File Lawsuit over Transportation Climate Harms

Fourteen Hawaii children and teenagers filed a lawsuit Wednesday, alleging the state is violating the state constitution by operating a...
 

California Highway Patrol Settlement for $4M Over Slaying-Suicide

The California Highway Patrol has agreed to pay nearly $4 million to settle a lawsuit that said the agency was responsible for an officer...
 
More West News »
 
 

International & Reinsurance

 

How to Insure the World's Most Expensive Car? Hint: Like a Piece of Art

On May 5, a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe sold for $142 million during an auction at the Mercedes-Benz Museum in Stuttgart,...
 

Allianz to Retain 49.9% Stake in Russian Operations After Sale to Interholding

The insurer Allianz said on Friday it would sell a majority stake in its Russian operations to the owner of a Russian insurer as it...
 

EU Gives Final Nod to Sanctions Targeting Russia's Oil, Insurance, Sberbank

BRUSSELS - The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much...
 

Australia Faces Growing Risk of Foot-and-Mouth Disease as Indonesia Outbreak Spreads

The risk of foot-and-mouth disease reaching Australian shores has escalated as an outbreak sweeps through cattle herds in Indonesia. More...
 

American Chamber of Commerce Voices Concerns About EU Plan for Foreign Subsidies

Proposed EU legislation targeting foreign state-backed buyers of European companies prompted by fears of a Chinese buying spree may be...
 

Owners of Cars With Emissions 'Defeat Devices' Can Claim Damages: EU Court Adviser

BRUSSELS - Owners of vehicles equipped with so-called defeat devices have a right to compensation from the vehicle manufacturer, an...
 

People Moves: NFP Appoints Markel's Horsman as Head of Canadian National Broking; Insurer Openly Expands Reinsurance Division, Hiring Landi From Everest Re

This edition of International People Moves details appointments at the broker NFP and homeowners' insurer, Openly. A summary of these new...
 
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Insurance Journal Blogs and Columns

 

The Guide for Improving Your Ease of Doing Business

This post is part of a series sponsored by AgentSync. The Guide for Improving Your Ease of Doing Business addresses the age-old insurance...
 
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Research and Webinars

 
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A Data-Driven Guide to Improving Workplace Safety

Data and analytics not only help develop preventative safety measures, but predictive safety measures as well. See how leading...
 
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Future-Proof Best Practices for Workforce and Safety Training

When it comes to safety and compliance a comprehensive training program is a must. We have gathered data across industries to...
 
research

Reducing Commercial Auto Risk Exposure for Incomplete Trucks via Accurate Data & Automation

It's likely that 65% of commercial trucks on your books are undervalued. Fortunately, insurtech can easily fix this by combining...
 
research

Three Visions for Empowering Independent Agents

During the pandemic, Cake & Arrow conducted qualitative research with hundreds of gig workers and small business owners to...
 
research

The High Price of "Business As Usual" in the Insurance Industry

AgentSync's Guide to the Price of "Business as Usual" in the Insurance Industry When an insurance organization considers adding...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 48: Growing Cannabis Lounge Buzz Across U.S. Cities Calling to Insurers

Several insurance professionals who specialize in cannabis are getting more calls about...
 
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EP. 37: Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive

As the InsurTech industry approaches the next wave of innovation, experts say this could mean...
 
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