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August 4, 2022
 
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National

 

Allstate 'Further Accelerating' Rate Hikes Following Q2 Loss

Allstate Corp. said it is accelerating its plan to increase auto insurance rates as it reported unprofitable results for the second...
 

Q2 Rate Increases Hold Steady: MarketScout

Personal and commercial rate increases stabilized virtually across the board in the second quarter of 2022, according to MarketScout's...
 

Sandy Hook Parents Seek to Stop InfoWars Bankruptcy Payments to Alex Jones

Parents of children killed in the 2012 Sandy Hook school massacre urged a U.S. bankruptcy judge on Wednesday not to allow the parent...
 

Equifax Says Consumer Credit Scores Changed in Computer Error

Equifax Inc. said some consumer credit scores were changed because of a computer error that has since been rectified. A server "coding...
 

Net Loss of $343 Million for Liberty Mutual in Q2

Liberty Mutual Holding Co. said it recorded a second quarter net loss of about $343 million compared with net income of nearly $770...
 

Viewpoint: Regulatory Interest in Big Data, AI More Than a Carrier Problem

The California Insurance Commissioner and the California Department of Insurance (CDI) recently issued a bulletin regarding industry bias...
 

Markets/Coverages: At-Bay Launches Misc. Pro Liability; Cover Genius Partners with Zip

At-Bay Expands Insurance Offerings With Launch of Miscellaneous Professional Liability At-Bay announced the launch of its Miscellaneous...
 

Sponsored: The Hidden Costs of Switching Carriers at Renewal Time

It's no secret, insurance costs are on the rise - across coverages. And current market trends reveal larger increases in the first quarter of 2022 ...
 

Do Truck Drivers Need CGL Coverage?

During my 17-year stint at the Big “I” national association, I received tens of thousands of coverage questions from member agents. One...
 

Why InsurTechs Should Be Scared of the Reinsurer's Veto

Cash burn is so 2020. To keep with the recent theme of calling out the obvious, it's time to talk about the next big...
 
More National News »
 
 
 
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East

 

Workers' Compensation Pays for Home Modifications. What About a New Home?

Pennsylvania's workers' compensation law authorizes modifications to a home to accommodate an injured employee's needs. It also may...
 

Safety Insurance Cites Q2 Combined Ratio, COVID Claim Court Win

Boston-based Safety Insurance touted a combined ratio of 92.1 and a win in a COVID-19 business interruption court case as highlights for...
 

New Jersey Contractor Arraigned for Worker Death at Poughkeepsie Construction Site

A New Jersey construction company and its principal have been charged with willfully violating federal workplace safety regulations at a...
 
More East News »
 
 
 
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Midwest

 

Duante Wright's Passenger Sues Minnesota Town, Officer

The woman who was in Daunte Wright's vehicle when he was fatally shot by police in a Minneapolis suburb last year is suing the city and...
 

People Moves: Canopius Group Hires Sweeper to Lead US Application Support Team; Ryan Specialty Names Blackshear Head of DEI

Canopius Group Hires Roberta Sweeper to Lead US Application Support Team Canopius Group announced that it has expanded its technology...
 

Minnesota Storms Knock Out Power to 75,000 Customers

Severe storms knocked out power to as many as 75,000 customers across Minnesota where power poles were toppled and winds gusted as high...
 
More Midwest News »
 
 

Insurance Jobs

 

Insurance Sales Representatives - Lakeview Household Insurance Solutions - Remote

 

Product Manager/ Senior Product Manager - WCF Insurance - Sandy, Utah

 

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Southeast

 

Weston Insurance Becomes Fifth Florida Insurer to Go Insolvent This Year

Weston Property & Casualty Insurance Co. is insolvent and should be placed into receivership, making it the fifth Florida property...
 

Eight Contractors Charged in Florida Workers' Comp Sting Operation

Eight Florida men have been charged with contracting without a license and failing to obtain workers' compensation insurance, after a...
 

Slow Recovery From Bama Twister Could be Harbinger for Hurricane-Prone South

There's not much in Greene County, a place that stands out even in impoverished west Alabama for its neediness. So the April tornado that...
 

Groups Providing Support for Eastern Kentucky Flood Victims

Multiple organizations are providing support to flood victims in eastern Kentucky. Gov. Andy Beshear has established the Team Eastern...
 
More Southeast News »
 
 

South Central

 

Alex Jones Admits Sandy Hook Attack was '100% Real'

Conspiracy theorist Alex Jones said Wednesday that he now understands it was irresponsible of him to declare the Sandy Hook Elementary...
 

Louisiana Insurance Guaranty Association Tabs Verisk for Streamline Claims Handling

The Louisiana Insurance Guaranty Association (LIGA) announced it is is streamlining its handling of claims for policyholders of insolvent...
 

Louisiana Insurers Have Paid $13.1 Billion on Ida Claims

Louisiana insurers have paid or reserved to pay $13.1 billion on Hurricane Ida claims through June 30, 2022, the state's department of...
 
More South Central News »
 
 

West

 

EIS Acquires California-based Enterprise Business Solutions from Lemonade

EIS, a system and digital insurance platform provider, has acquired San Francisco, California-based Metromile's Enterprise Business...
 

Utah Man Accused of Causing Wildfire by Burning Spider

A Utah man has been arrested on accusations he started a wildfire while trying to burn a spider with his lighter. Cory Allan Martin, 26,...
 

Rent-A-Center Settles California Lawsuit Alleging Overpricing

Rent-A-Center, one of the nation's largest rent-to-own companies, will pay $15.5 million to settle California's allegations that it...
 

People Moves: Hub Names Prill Regional President; GBS in Arizona Adds Maggio

Hub International Ltd. named Andy Prill to Hub's executive management team as regional president of the newly created Mountain Northwest...
 

McKinney Fire in California Growing, Still out of Control

The McKinney Fire in Northern California was still out of control on Wednesday despite cloudy, cooler conditions on Tuesday night. The...
 
More West News »
 
 

International & Reinsurance

 

China's Military Drills Force Shippers to Reroute Vessels to Avoid Taiwan Danger Zones

Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring...
 

London Insurance Sector Readies $50M Ukraine Grain Cargo Cover

The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may...
 

Global Insurtech Investment Down 50% in Q2: Gallagher Re

Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as investors...
 

Cyber Attacks Plague Taiwan After Pelosi Visit Enrages Beijing

As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing, the welcome she...
 

MGA Incubator NuVenture Launches Product Recall MGA BluNiche

NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the...
 

UK Insurer Aviva Builds Private Client Business With Azur Acquisition

UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to acquire its...
 
More International & Reinsurance News »
 
 

Research and Webinars

 
research

The Very Real Costs of Doing "Business As Usual"

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

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

The Power of a Network Partnership for Independent Agents

Increasing numbers of new agency owners, existing independents, and former captive agents are looking to join agency networks to...
 
research

Online Face Verification in Insurance: 5 Ways To Enable Digital Transformation

How can insurance companies use online face verification as part of their digital transformation strategies? Download our report...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 43: How Should Insurers Be Thinking About Digital Privacy Post-Roe v. Wade?

The U.S. Supreme Court's June overturning of the 1973 Roe v. Wade decision protecting women's...
 
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EP. 53: Why Most Small-to Mid-Size Cannabis Operators Shun D&O

Since cannabis insurance became a thing, directors & officers insurance has been pricey and...
 
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