Insurers Have Not Embraced Cryptocurrency Craze
Weak regulation, volatile prices make insurers reluctant to underwrite.
What 2020’s P/C Industry Results Mean for 2021
How industry weathered catastrophe losses and COVID.
- Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best
- Ex-Allianz CFO Wemmer Plans to Form SPAC to Target Insurance Deals
- People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US
- Impact of Brexit on City of London Is Worse than Expected: Study
- Risk of COVID-19 Exposure on Airlines Drops when Middle Seats Are Empty: Study
- OSHA Prepares to Issue Emergency Regulations to Protect Workers from COVID-19
- New York City Begins $1.5B Project to Protect Manhattan from Floods
- Massachusetts Regulators Seek to Revoke Robinhood’s License; Brokerage Sues
- Connecticut Reminds Insurers to Avoid Discriminatory Practices with Big Data
- N.J. Supreme Court Upholds Order to Reimburse Workers’ Comp Claimant for Marijuana
- The Hilb Group Acquires Select Book of Business in New Jersey, New York
- Hub International Acquires Massachusetts’ IBG Financial Partners
- Institute Analyzes Impact of California Medical Provider Network Option for Workers
- California Toughens PG&E Wildfire Safety Oversight
- California Legislature Votes Down Fracking Ban
- California Siblings Arraigned in $1.4M Workers’ Comp Scheme
- California Targets Urgent Projects as Wildfire Season Looms
- People Moves: Sierra Specialty Adds Dith in California; McHugh Joins Lockton in Seattle; Mathis to CWCI
- Tennessee Insurance Dept. Receives NAIC Accreditation
- Mississippi Supreme Court Hears Arguments on Marijuana Program
- Mississippi Seeks Federal Disaster Aid After Winter Storms
- The Hilb Group Acquires McCartha, Cobb & Associates of South Carolina
- Understanding Florida’s Sweeping New Immunity Law for COVID-19 Claims
- Florida to Close Wastewater Reservoir With Leak History
- NICB Supporting Texas Bill Aimed at Curbing Catalytic Converter Thefts
- South Texas Officials Worried About Flooding Due to Border Levee Breaches
- Texas Energy Companies Against Berkshire Hathaway’s $8B Backup Power Plan
- Louisiana Accuses Alabama Agency, Owner of Fraudulent Marketing, Submissions
- After the Storm: Disaster Plans and Backups a Must for Public Entities
- 12 Missing After Ship Capsizes Off Coast of Louisiana
- Wisconsin Supreme Court Rules Governor Can’t Limit Business Capacity
- Abry Partners Acquires Michigan’s High Street Insurance Partners
- Deaths in Vehicle Crashes Up 38% in South Dakota in 2020
- Michigan Workplace Virus Rules, Office Restrictions Extended for 6 Months
- Detroit Police Sued by Man Mistaken for Shoplifter by Recognition Technology
- People Moves: Riddle Joining Ohio Mutual; Schauer Group Adds Guyer; Burnett Joins AF Group
National News
- Auto Insurers Lead 2020 U.S. Property/Casualty Impairments: AM Best
- Risk of COVID-19 Exposure on Airlines Drops when Middle Seats Are Empty: Study
- Russian Spy Agency SVR Responsible for SolarWinds Hack: White House
- Many Climate Scientists Moving from Fieldwork to Jobs in Financial Services
- Zywave Acquires Risk Management Solutions Provider, Enquiron
- Corvus, Skyward Specialty to Offer Cyber Coverage for Cargo Risks
- People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US
East News
- New York City Begins $1.5B Project to Protect Manhattan from Floods
- Massachusetts Regulators Seek to Revoke Robinhood’s License; Brokerage Sues
- Connecticut Reminds Insurers to Avoid Discriminatory Practices with Big Data
- N.J. Supreme Court Upholds Order to Reimburse Workers’ Comp Claimant for Marijuana
- The Hilb Group Acquires Select Book of Business in New Jersey, New York
- Hub International Acquires Massachusetts’ IBG Financial Partners
Midwest News
- Wisconsin Supreme Court Rules Governor Can’t Limit Business Capacity
- Abry Partners Acquires Michigan’s High Street Insurance Partners
- Deaths in Vehicle Crashes Up 38% in South Dakota in 2020
- Michigan Workplace Virus Rules, Office Restrictions Extended for 6 Months
- Detroit Police Sued by Man Mistaken for Shoplifter by Recognition Technology
- People Moves: Riddle Joining Ohio Mutual; Schauer Group Adds Guyer; Burnett Joins AF Group
Tech Firms Unhappy with Their D&O Insurance
Marsh found 45% rate their D&O as adequate compared to 84% in 2020.
Texas / South Central News
- NICB Supporting Texas Bill Aimed at Curbing Catalytic Converter Thefts
- South Texas Officials Worried About Flooding Due to Border Levee Breaches
- Texas Energy Companies Against Berkshire Hathaway’s $8B Backup Power Plan
- Louisiana Accuses Alabama Agency, Owner of Fraudulent Marketing, Submissions
- After the Storm: Disaster Plans and Backups a Must for Public Entities
- 12 Missing After Ship Capsizes Off Coast of Louisiana
Southeast News
- Tennessee Insurance Dept. Receives NAIC Accreditation
- Mississippi Supreme Court Hears Arguments on Marijuana Program
- Mississippi Seeks Federal Disaster Aid After Winter Storms
- The Hilb Group Acquires McCartha, Cobb & Associates of South Carolina
- Understanding Florida’s Sweeping New Immunity Law for COVID-19 Claims
- Florida to Close Wastewater Reservoir With Leak History
Telecommuting and Workers’ Comp
Risk mitigation strategies are needed for remote employees.
West News
- Institute Analyzes Impact of California Medical Provider Network Option for Workers
- California Toughens PG&E Wildfire Safety Oversight
- California Legislature Votes Down Fracking Ban
- California Siblings Arraigned in $1.4M Workers’ Comp Scheme
- California Targets Urgent Projects as Wildfire Season Looms
- People Moves: Sierra Specialty Adds Dith in California; McHugh Joins Lockton in Seattle; Mathis to CWCI
International & Reinsurance News
- Impact of Brexit on City of London Is Worse than Expected: Study
- Ex-Allianz CFO Wemmer Plans to Form SPAC to Target Insurance Deals
- Many Climate Scientists Moving from Fieldwork to Jobs in Financial Services
- UK Space Industry Aims to Remove Dangerous Space Junk from Orbit
- Willis Towers Watson Launches ‘Radar Workbench’ for Commercial Underwriters
- Praedicat Launches Risk Scenario Platform to Widen Cross-Line Clash Analysis
Insurance Journal Blogs and Columns
- Why Character Is So Important for Underwriting Surety Bonds
- Leveraging carrier technology to support small business customers
- Bricks Without Straw?
- Investing in the Cannabis Industry: No Longer a Pipe Dream
