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August 18, 2017
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Today's Headlines

National

5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It

Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security ...

Lawsuit Claims U.S. Delinquent in Enforcing Rear Passenger Seat Belt Law

A new lawsuit accuses the U.S. government of being too slow to implement rules requiring that rear seat vehicle passengers be warned when ...
 
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Global Insured H1 Losses from Natural, Man-Made Disasters Were $23B: Swiss Re

Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled US$23 billion, while economic ...

GOP Facing Resistance to State Bills Shielding Drivers Who Hit Protesters

Republican lawmakers in six states have pushed this year for legal protections for motorists who hit protesters blocking traffic. Fairly or ...

Industrial Insurer HDI Global Forms Excess Surplus Lines Carrier

Industrial insurer HDI Global Insurance Co. (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance Co. The new ...

Stake in Insurance Broker HUB International Could be Sold: Reuters

Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd. in a deal that could value one of the largest North ...

From MyNewMarkets.com Surplus Lines Insurance Premium Up Nationwide

A mid-year compilation of excess and surplus (E&S) insurance premium amounts by the Surplus Lines Stamping Office of Texas (SLTX) shows...
Carrier Management

Honest Self-Appraisal is Key to Leadership, Retiring Exec Says

Good leadership is essential if companies are going to successfully navigate the challenges ahead, Stephen Catlin told...
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East

Pennsylvania Selects Commissioner Miller to Lead Department of Human Services

Pennsylvania Governor Tom Wolf has selected Insurance Commissioner Teresa Miller to lead the state's Department of Human Services, ...

Lawsuit Claims Rodent Was Baked Into Sandwich at Pennsylvania Chick-fil-A

A lawsuit claims a suburban Philadelphia woman got an extra topping on her Chick-fil-A sandwich: a dead rodent. Ellen Manfalouti sued in ...

Carlton Fields Hires Silverman to New York Office

Carlton Fields has hired Alex B. Silverman to its New York office as an associate. Silverman will practice in the firm's Property and ...

New Jersey's New Day Underwriting Names Webb AVP in Construction Division

New Day Underwriting Managers, a Hamilton, N.J.-based specialty intermediary of environmental and construction-related professional ...
Midwest

New North Dakota Laws Address Producer Conduct, Customer Gifts, More

North Dakota Insurance Commissioner Jon Godfread has said that since taking office at the beginning of this year he has focused on ensuring ...

Wisconsin Officials: State Law Prevents Fire Sprinkler Rule Enforcement

Wisconsin officials say a state law prevents them from enforcing a fire sprinklers rule that fire officials say is one of the best ways to ...

Ex-Esurance Worker in South Dakota Sues Over Alleged Discrimination

A former Esurance call center worker in South Dakota is suing the insurance company alleging discrimination and harassment because he's ...
Southeast

Georgia Fines Company Behind Deadly Leak at Sperm Bank $302K

A deadly February 2017 industrial gas leak at a sperm bank in Augusta, Ga. was caused by the over-pressurization of a bulk storage tank, ...

Drug Company Deflects Blame in Lawsuit Over West Virginia Opioid Crisis

A West Virginia city's lawsuit against a drug company has led to a dispute over which is at fault in the opioid epidemic. The Charleston ...

Florida Official Pushes Back On Reports of Highway Patrol Ticket Quotas

The head of the Florida agency that oversees state's highway patrol insists troopers don't have ticket quotas. Terry Rhodes on Tuesday told ...
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South Central

Global Insured H1 Losses from Natural, Man-Made Disasters Were $23B: Swiss Re

Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled US$23 billion, while economic ...

Louisiana Governor Seeking Homeowner Flood Grant Expansion

Gov. John Bel Edwards announced he wants to broaden Louisiana's flood aid program to include homeowners whose flood insurance proceeds ...

Liotta Named Chairman of Oklahoma Workers' Compensation Commission

Gov. Mary Fallin has named Mark Liotta as chairman of the Oklahoma Workers' Compensation Commission. Liotta, a former state representative ...

Federal Appeals Court Voids Exxon Pipeline Safety Order

An appeals court has voided an order that would have required Exxon Mobil to revise its pipeline safety procedures after a 2013 oil spill ...
West

Judge Sends Suit for California Man's Helicopter Crash Death to Workers' Comp

A wrongful death lawsuit filed by the family of a man who died in an ambulance helicopter crash has been thrown out by a judge who said the ...

Los Angeles Makes Packer Cannabis Czar over Legal Pot Industry

With recreational marijuana use just months away from being legal in California, Los Angeles has appointed a so-called cannabis czar tasked ...

Boseman Named Chief Operating Officer at Brown & Riding in California

Brown & Riding has named Mike Boseman chief operating officer. Boseman is based out of the company's Los Angeles, Calif. headquarters and ...

Middle Market Growth Spells Opportunity for California's Insurance Community

The insurance community has at least two reasons to be interested in a new report on middle market companies, particularly those who are ...

Report: Written Premiums for California Comp Insurers to be Flat Through 2017

Written premiums from workers' compensation insurers in California for the year are expected to be flat at $18.1 billion compared with 2016 ...
International

Global Insured H1 Losses from Natural, Man-Made Disasters Were $23B: Swiss Re

Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled US$23 billion, while economic ...

UK-EU Post-Brexit Trade Deal 'Desirable but Not Essential': Report

A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of ...

Group Led by Yunfeng Financial to Buy MassMutual's Asia Unit for $1.7B

A group led by Yunfeng Financial Group Ltd., the company backed by billionaire Jack Ma, agreed to buy an Asian unit from Massachusetts ...

5 Suspected Terrorists Shot Dead by Police After Barcelona's Deadly Attack

Five suspected terrorists were killed by police and six civilians were injured in a confrontation in a town south of Barcelona, hours after ...

XL Catlin Taps Willis Towers Watson's Piper as UK Client & Distribution Director

XL Catlin announced the appointment of Louise Piper as UK Client and Distribution director, effective Sept. 1, 2017. In this role, Piper ...

A.M. Best América Latina Chief Resigns; Keenan Assumes Interim Role

A.M. Best announced today that Manuel Agustin Calderon de las Heras has resigned from his position as managing director of A.M. Best ...
Insurance Journal Blogs and Columns

A Response to Some Insurtech Claims

There's a popular word this year that I'm really tired of. It may not be bothering you so much, but I've read it so much that it's become ...

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Insurance Journal TV

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Consumer Advocate Worries About 'Robot Cars'

Harvey Rosenfield, founder of Consumer Watchdog and author of California's long-standing and...
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New Jersey Personal Injury Attorney on Impact of Driverless Cars

New York Governor Andrew Cuomo in May signed a budget bill into law allowing self-driving and...

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New Discussions in the Forums

NAA- scam? Amway Life? MLM organization with no residuals
Posted: Tue Aug 15 -- You have so many of your facts just flat out wrong! NAA is not a scam and the business structure is framed on Amway only you can actually... Tuttle
drywall in Ca
Posted: Fri Aug 11 -- Huge question if you are the incumbent - why are you moving this? Losses? Seriously no way to know what is a best fit unless this factor is... mightyquinn
Agency Management System
Posted: Thu Aug 10 -- I think we should help each other to avoid the mistakes of switching to a system based on a few demos....In my case I demo at least 3-4... resistencia13

Reader Comments

Workplace Is Hostile, Stressful, Grim Place for Many Americans
Posted: Thu Aug 17 -- My first commercial lines manager told us - "There's the front door. Leave if you don't like it." People in the workforce are disposable and... I Learned
Lawyer Says Blown Tire Caused Livestreamed, Deadly Crash in California
Posted: Mon Aug 14 -- So let me see if I have this right. The driver is live-streaming on Instagram while driving and the video shows her taking her hands from... mrbob
Family, Friends Mourn Three Dead in Virginia Rally Violence
Posted: Tue Aug 15 -- It is a tragedy. I'm not sure that the officers' deaths were the fault of the 'White Nationalists'. If the counter-protesters had stayed... Jax Agent
Classic Cars Worth Millions Destroyed by Fire in Illinois
Posted: Fri Aug 11 -- Shame. There goes Hagerty's loss ratio for the year. NC P&C Agent
Court Upholds Uber Forced Arbitration, Ban on Customer Lawsuits
Posted: Thu Aug 17 -- I don't see how it is reasonable for the appeals court to have upheld Uber's position on this. All of these terms and conditions are... Roger

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