National News for February 2021
- Ryan Specialty Group Expands Executive Team; Turner Becomes President
- Brown & Brown Brings Its Wholesale Units Under Bridge Specialty Brand
- U.S. Fines Boeing $6.6 Million Over Safety Pact Noncompliance, Enforcement Cases
- Biden Extends Unemployment Insurance for Workers Fearing COVID Risk
- Senator Says Microsoft Failed to Fix Cloud Software Issue Used by SolarWinds Hackers
- Insurance Employment Impresses With Insurers Adding 20K Jobs During Pandemic
- Opponents Ask Supreme Court to Halt Harvard’s Use of Race in Admissions
- Chubb’s Digital Blink Targets Consumer Sales via Partner, Affinity Companies
- Déjà Vu: P/C Insurance Challenges for 2021 Look Much Like 2020’s, Says AM Best
- Federal Aviation Safety Oversight Remains Weak, Vulnerable, Says Watchdog
- Liberty Mutual Boosts Profit for Q4 and Year
- Insurance Technology: Hippo, Vertafore, Monte Carlo, Marble, Coterie, Buckle and More
- Workers’ Compensation and COVID: More Data on Evolving Claims
- 15 Insurers Stop Doing Business with Nord Stream 2 Pipeline to Avoid Sanctions: Reuters
- Judge Advances Multidistrict COVID Business Interruption Case Against Society Insurance
- Massive SolarWinds Hack Prompts Calls for U.S. Law Requiring Cyber Breach Reporting
- EPIC Realigns Leadership With O’Neil as President; Creates New Regional Lineup
- Willis Towers Watson, Liberty Specialty Markets Launch Reputational Crisis Coverage
- Bills to Block Mandatory Worker Vaccines Falter in the States: Stateline
- Aviation Regulator Sees Pandemic Bringing New Safety Risks
- Insurers Plan to Continue Hiking Liability Rates for Architects, Engineers: Ames Gough
- Digital Wholesaler Pathpoint Adds Contractor Liability Markets
- Aspen’s Bonds Joins CRC as Chief Officer for Property Programs
- More Insurer Partnerships, Tech Investments, Divestitures to Come in 2021, Says Bain
- Facebook Employee Called Inflated Ad Metrics ‘Deeply Wrong’
- U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield
- Arch to Back Coalition Cyber Insurance Programs with Long-Term Capacity
- Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid
- Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses
- Big I Advantage Promotes Juratovic to Assistant Vice President for E&O
- Airlines Urged to Ground 777 Jets After United Falling Debris Incident
- Risks of Business Failures ‘Remain Considerable,’ Says Fed
- Insurers Seek to Question Abuse Claimants, Lawyers in Boy Scouts Bankruptcy
- Researchers Testing If Wearable Wristwatch Can Detect COVID-19 Infection
- AM Best Upgrades E&S Outlook; Praises Resiliency, Clear Terms Amid Pandemic
- Fitch Sees ‘Modest’ Homeowners Insurance Underwriting Loss for 2020
- SPAC Backed by AmTrust Executives Files for $300M IPO
- Why Industry Must Take Measurable Steps to Increase Diversity
- AIG Hikes Rates Up to 45%; Reports Interest in Life/Retirement Unit Sale
- U.S. Financial Services Leaders Support Principles for Low-Carbon Transition
- HSB Launches Workplace Violence Insurance for Small Businesses
- Berkshire Hathaway Specialty Names 3 Regional Executives for Professional Lines
- Wife Sues Husband’s Employer Over COVID-19 Infection
- U.S. Charges 3 North Koreans in $1.3B Hacking of Banks, Sony, Others
- Many Firms Aren’t Paying OSHA Fines Levied for COVID-19 Safety Violations: Reuters
- Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan
- Future of the Insurance Industry and Who Owns It: 3 Scenarios From Verisk’s Anquillare
- Internet of Things Devices Increase Risk of Cyber Attacks on Industrial Sector: Lloyd’s
- Diversity in Insurance Industry Calls For Including Different Mindsets and Experiences
- Judge Denies Citibank Bid to Recoup Some of Mistaken $893M Payments to Revlon Lenders
- Corporate Filings Reveal Pay Gap for Female Executives Narrows But Persists
- AIG Sees ‘Continued Progress’ Despite P/C Underwriting Loss of $171 Million in Q4
- IVANS Survey Finds Agencies and Insurers Seek Greater Connectivity
- QBE Custom Property Coverage Form Targets Mid-Size Company Risks
- 150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels
- Done Deal: Bold Penguin Is Now a Subsidiary of American Family
- Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits
- Progressive to Buy Transportation Insurer Protective for $338 Million
- AXA XL Names O’Malley as U.S. Country Manager
- Zaffino to Succeed Duperreault as CEO of AIG March 1
- Viewpoint: Post-Pandemic: Will Employers or Workers Have Upper Hand?
- Lloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom
- Microsoft Exec Calls SolarWinds Hack ‘Largest, Most Sophisticated Attack’ Ever
- Ullico, Hagerty to Offer Collector & Classic Car Coverage to Union Members
- New Chubb Crime Coverage Protects Firms from Employee Theft, Outside Criminals
- Smaller Cars May Be Why Women Are More Likely to Suffer Serious Crash Injuries
- COVID-19 Infections in U.S. Nearly 3X Greater Than Reported, University Model Estimates
- Q&A With David Altmaier, President, National Association of Insurance Commissioners
- Investors Eye Windfall From Denied COVID-19 Insurance Claims
- Marsh & McLennan Hires Diversity Officer With Experience at Starbucks, NBA
- Bond Insurer MBIA Agrees to Settle Mortgage Claims Against Credit Suisse
- Amazon Sues New York Over COVID Workplace Safety, Firing Lawsuit
- SafeHerb Develops ‘Seed to Sale’ Coverage for Cannabis, Hemp Business
- Romance Scammers Are Ready to Steal More Than Hearts Around Valentine’s Day
- Nuclear Verdicts – A Case for the Insights That Technology Can Provide
- Florida Cyber Attack Raises Alarm Over Security of Water Treatment Plants
- A Snowstorm that Cost Nearly $2.2B and Other January Natural Catastrophes: Aon
- Biden Reverses Trump Stand at Supreme Court in Republican Bid to End Obamacare
- Weinstein Co. Bankruptcy Faces Appeal by 4 of His Sexual Misconduct Accusers
- Judge Questions Why Facebook May Have Overpaid in Data Privacy Settlement
- CFC Enhances E&O Policy for Design, Construction Contractors
- Ambac Financial Launches Specialty Insurance Group Everspan
- Climate, AI, Privacy, Racial Bias Among State Insurance Regulators’ 2021 Priorities
- Some Baby Foods Found to Contain High Levels of Toxic Heavy Metals
- Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims
- Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies
- Rate Hikes Boost CNA in Q4
- Metromile to Begin New Life as Public Company as Reverse Merger Closes
- P/C Insurers’ Net Income for 9 Months Fell 27% on Effects of Catastrophes
- It Could Have Been Worse. An Update on COVID-19 Impact on Workers’ Compensation.
- New Cowbell Cyber Partner Program Connects Insureds with Risk Management Services
- Climate Models Are Not Designed for Use by Financial Markets, Scientists Warn
- Broker Robinhood Sued by Parents Over Trader Son’s Suicide
- Damage From Wildfire Smoke Extends to Infrastructure, Businesses, Other Communities
- Applied Underwriters Closes on Acquisition of Centauri Insurance Companies
- Researchers Say Machine Learning Boosts Defense Against Multi-Stage Cyber Attacks
- Banks See Rise Rise in ‘Smash-and-Grab’ Thefts from Automated Teller Machines
- Senators Offer Bill to Limit Liability Shield for Social Media Firms
- McGriff Launches On-Demand Excess Liability Product for Freight Brokers
- Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg
- The Hartford Q4 Profit Dips Slightly on COVID Life Insurance Claims
- Judge Dismisses Walmart Lawsuit Over Pharmacy Liability in Opioid Crisis
- Last Chance for 2021’s Agency Salary Survey
- 3 Ways COVID-19 Will Continue to Impact Insurance Industry in 2021
- Private Equity Firms StonePoint, Insight to Buy Data Provider Corelogic
- California’s New Mini-CFPB Law Largely Parallels Its Federal Cousin
- Amazon Plans Cameras with AI in Its Delivery Vans to Improve Driver Safety
- Chubb System Tracks Absence Management, Benefits for Employers
- Sadly The One Thing 2020 Did Well Was to Heat Things up
- Workers’ Compensation Underwriters Under the Gun to Understand Pandemic Data
- SEC Sues Giuliani Associates Parnas, Correia Alleging Fraud Over Insurance Startup
- Insurance Journal’s Agency Partnership News Wrap-Up
- Allstate Reports Net Income Rose 52% for Q4
- McKinsey to Pay $573 Million to States to Settle Opioid Claims
- Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh
- RMS Updates Cyber Application Offerings, Targets ‘Silent’ Cyber Risks
- Fed Survey Shows Most Small Businesses Lost Sales Due to Pandemic
- Bayer Strikes $2 Billion Deal to Resolve Future Roundup Cancer Claims
- AXA XL Launches Builders Risk Coverages for Mass Timber Construction Projects
- Aon’s Norris Jumps to Marsh to Lead U.S. Healthcare Practice
- Insurance Verification Startup TrustLayer Raises $6.6M from BrokerTech, Ventures
- Olympic Officials Unveil Rules on Masks, Singing, Transport for COVID-19 Games
- CCC Information Services Going Public in $7 Billion Blank Check Transaction
- Chubb’s Q4 ‘Excellent’ Results Boosted by Commercial Lines Price Hikes
- Judge Permits McDonald’s Suit Against Ex-CEO Over Alleged Sexual Affairs Cover-Up
- Shareholder Lawsuit Alleges Tyson Misled About COVID-19 Protocols
- Tesla Agrees to Recall 135K Vehicles Over Touchscreen Display Complaints
- As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations
- What NFL’s Game Plan Can Teach America About Handling COVID-19
- Uber Vet Invests $50M in Metromile as Insurer Readies Reverse Merger to Become Public
- Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals
- House Committee to Probe Tyson, Smithfield, OSHA Over Covid Outbreaks
- Hub’s Chapman Takes On National Commercial Markets Director Role
- P/C Insurtech Funding Reaches $4.7B Record in 2020 – A Story in Charts
- U.S. Issues Mask Mandate on Public Transportation
- Workers Refusing Unsafe Work May Be Able to Get Unemployment Insurance
- OSHA Issues COVID-19 Workplace Safety Guidance
- Insurance Déjà Vu: Vaccines, AI, Litigation, Recession Made Headlines 10 Years Ago
- Analysis: User Pact, Section 230 Likely to Shield Robinhood, Reddit From Lawsuits
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