National News for March 2021
- 360 Coverage Pros Launches Tax Preparer Professional Liability Program
- Distracted Driving Behaviors Increased During Pandemic. Are Bosses to Blame?
- Supreme Court Could Use TransUnion ‘Terrorist List’ Case to Curb Class Actions
- Tech Firms Under More Scrutiny and Unhappy with Their D&O Insurance
- It’s Time to Rewrite The Rules That Make U.S. Roads So Deadly: Viewpoint
- Gen Xers Pass Boomers in Wealth; Inequality on Basis of Race Persists
- 2020’s P/C Insurance Industry Results and What They Mean for 2021
- RPS, AXIS Insurance Launch Coverage for Home-Based Businesses
- Regulators, Watchdog at Odds With Insurance Actuaries Over Withdrawn Documents
- Global Insurers Paid $89 Billion for Natural, Manmade Disasters in 2020: Swiss Re
- Insurance Technology: Marble Opens Up Wallet; AXA Funds Idelic’s Analytics; Markel Backs Counterpart Platform
- Despite Soy Rally, Farmers Bet on Corn Backed by High Crop Insurance Guarantee
- Boeing Directors Seek Dismissal of Investors’ Lawsuit Over 737 MAX Safety
- Supreme Court Grapples With Investor Class Actions in Goldman Sachs Securities Case
- Number of Independent Agencies Dips a Bit: Future One Study
- Private Equity Firm Odyssey Partners With Management to Acquire SIAA
- Allstate’s Sale of New York Unit to Wilton Re to Complete Exit from Life, Annuity Business
- Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks
- FEMA Knows About Trying to Build Back Better Infrastructure
- Analysts Affirm CNA Ratings As Insurer Continues Probe of Cyber Attack
- Software Developers Launching Type of Insurance Cover for Cryptocurrencies
- Photographer Wins Copyright Claim Over Warhol Art
- Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer
- People Moves: Kinsale’s Secor to Hamilton’s New U.S. Unit; Marsh Names Quintal, McLellan Financial Lines Leaders
- Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves
- Bail Bond Insurance Industry Spends to Defend Profitable Business Against Critics
- Insurtech Funding News: $118M for Pie; $30M for Snapsheet
- Supreme Court Rejects Ford Stance in Product Liability Venue Dispute
- When Lights Go Out as They Did in Texas, Insurance Coverage Could Turn On
- White House to Require Software Firms to Disclose Breaches to Government Customers
- Participate in Insurance Journal’s Young Agent Survey Today
- National Weather Service Upgrades Forecast Model
- SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters
- Facebook, Google CEOs Suggest How to Reform Internet Immunity Law
- Treasury Secretary Yellen Says ‘Systemic’ Tag May Not be Right for Asset Managers
- Insurer CNA Reports It Has Been Hit by ‘Sophisticated’ Cyber Attack
- Insurtech Root Hit With Shareholder Lawsuit Alleging Negligence, Omissions in IPO Filing
- Insurance Broker Acrisure Raises $3.45 Billion
- Industry Loss Reserves Redundant by $28 Billion: Assured Research
- AstraZeneca to Publish Full COVID-19 Vaccine Clinical Trial Results on Efficacy
- Boston Scientific Settles States’ Surgical Mesh Device Marketing Claims for $189M
- Helicopter Crash Exposes Deadly Loophole for Aerial Sightseeing
- The Hartford Rejects Chubb’s $23 Billion Buyout Offer
- U.S. Oversight Board Questions AstraZeneca’s COVID-19 Vaccine Data
- Swiss Cyber Security Firm Says It Accessed Servers of a SolarWinds Hacking Group
- The Inflation Specter Looms for Property/Casualty Insurers
- Allianz Partners Adds Epidemic Coverage to Travel Insurance Products
- Supreme Court Nixes Facebook Bid to Curtail $15B Class Action Over User Tracking
- Insurance Technology: InsurTech NY Winners; $3M in GloveBox; Hippo’s Claims Partners; AXIS-Elpha Cyber Service
- Biden Administration Warns Firms to Quit Aiding Nord Stream 2 Pipeline
- Apple Says It Will Appeal $309M Jury Verdict Over Patent Infringement
- Scientists Say Advanced Nuclear Reactors Not Safer Than Conventional Plants
- Amwins Launches Alarm Contractors Program
- Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’
- Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
- Safety Agency Has 23 Active Tesla Crash Investigations
- Seresto Defends Flea, Tick Collars for Dogs As Safe Amid Calls for Recall
- Lawmakers Look to Spruce Up Gig Work Rather Than Replace It
- Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion
- Securities, Commodities, Insurance Regulators Face Climate Issues
- Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg
- Employment Practices Insurance in Age of COVID, Vaccines, Shutdowns and Hard Market
- Amazon Begins Offering Its Virtual Health, Pharmacy Services to Other Businesses
- Assessing Delegated Underwriting Authorities, MGAs: AM Best Explains
- Swiss Re Corporate Solutions, Coalition Sign Multiyear Cyber Coverage Agreement
- Analysis: SEC’s Crackdown on Climate Risk Disclosure Easier Said Than Done
- Next Insurance Targets Businesses That Sell and Buy on Amazon
- Reuters Exclusive: Safety Regulators Reviewed Concerns Over GM Steering Sensor
- AM Best Plans to Assess MGAs, Other Delegated Authority Entities
- Cyber Insurance Firm Coalition Raises $175M; Plans Commercial Lines Expansion
- Passengers Recall COVID Deaths, Confusion, Quarantine Aboard Cruise Ships
- People Moves: Institutes’ Horowitz; Rizzuto from Travelers to IAT; BHSI Adds AIG’s Freid; Ryan Re Leaders
- Female Firefighters Turn to Courts to Fight Gender Discrimination
- Ryan Specialty Group Prepares for IPO
- Purdue Pharma Bankruptcy Plan Proposes Public Trusts to Settle Opioid Lawsuits
- Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer
- Marsh & McLennan Drops &
- Some States Still Weigh Mandating Business Interruption Coverage
- Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals
- Ride-Hailing Firms Uber, Lyft to Share Background Data on Deactivated Drivers
- Surveillance Camera Hack Exposes Hospitals, Businesses, Schools
- A U.S. Storm that Will Break Insurance Records – and Other February Storms, Quakes
- How Everybody Ends Up Paying for Climate Crisis
- Investor Suit Alleges Tesla CEO Musk’s Tweets Violate SEC Pact
- OSHA to Review COVID-19 Workplace Safety Enforcement Under Trump
- Internet Law Protects Video Platform From Church’s Bias Claim, Court Rules
- Ransom-Seeking Hackers Are Exploiting Flaws in Microsoft Email Software
- $245M Insurtech Funding Wrap-Up: Corvus, AgentSync, Cowbell Cyber, WeLab, Hi Marley
- P/C Insurers Improved Profitability in Year of Coronavirus: AM Best
- Purdue Pharma’s Sacklers Increase Opioid Settlement Offer to $4.3B: Reuters
- Insurance Safety Institute Finds Adaptive Cruise Control Raises Fatal Crash Risk
- Transactional Risk Insurance Hits Record High Despite Pandemic: Marsh
- CRC, Pan-American to Offer Workers’ Comp to Trucking Industry
- Google Hires Deloitte’s Walsh to Lead North American Insurance Business
- BI Innovation Coming Soon: Low-Limit Policies from Insurtech Thimble
- Hacked Firms Face ‘Frankenstein’ of State-Based Cyber Notification Laws
- Nordstrom Suit Tests Whether Civil Unrest Is Single Insurance Occurrence or Multiple
- New Beazley Offering Targets D&O Exposures of Special Purpose Acquisition Companies
- Reuters: Feinberg to Oversee Boeing 737 $500M Victim Compensation Fund
- Progressive Insurance Marketing Chief Charney to Retire in 2022
- 21-Year AIG Veteran Tatulli Joins Berkshire Hathaway Specialty Executive Lines
- Generali Global Assistance Names Poletaev as North American Marketing Officer
- Insurance Sales Prospecting Insurtech, Agency MVP, Raises $3.5M, Adds Execs
- Total Pandemic Losses for P/C Insurers Will Take Years to Determine: Fitch
- China’s Microsoft Hack, Russia’s SolarWinds Attack Threaten to Overwhelm U.S.
- E&O-Cyber Incidents Worsened in 2020: Aon
- As States Ease Mask Rules, Essential Workers Worry About Safety and Jobs
- Worldwide Broker Network Names Beecher Carlson’s Collins as CEO
- One80 Makes Cannabis Buy-in with Cannasure Insurance Services Acquisition
- Swiss Re Corporate Solutions to Change Legal Structure for North America
- Workers’ Compensation Remained Outlier as Commercial Prices Continued Rising in Q4
- Auto Insurance Shopping Stabilizes, State-Level Competition Intensifies: J.D. Power
- EEOC Probes Facebook for ‘Systemic’ Racial Bias in Employment Practices: Reuters
- Insurers, Abuse Victims Blast Boy Scouts Reorganization Plan
- Fitch Sees 2020’s Personal Auto Insurer Profits as Unsustainable
- Demand for Travel Insurance Takes Off As More Destinations Require Coverage
- White House Warns of Hack of Microsoft’s Outlook Email Program
- The 2021 Insurance Landscape for Surgeons in the Wake of COVID-19
- Sierra Specialty Launches Nationwide Agribusiness Program
- Hacks of Microsoft Outlook Email Program Continue Despite Patch
- Judge Permits Suit Alleging Geico Overcharged Drivers During Pandemic
- EverQuote’s Gumennik Moves to Policygenius to Lead Marketing
- Engineers Grade U.S. Infrastructure C- as Biden, Congress Prepare to Debate Fix
- Some Insurers Strengthening Virus Exclusion Language in Policies After COVID Cases
- Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities
- Survey Finds Insurance Agency Employees Now Prefer Mix of At-Home, In-Office Work
- FEMA Buys More Flood Reinsurance; Decision Near on Insurance Rate Change Plan
- Volante Combines Ransomware, Cybersecurity in CyberLockout Coverage
- Update: CoStar Group Withdraws Bid to Buy CoreLogic
- CoreLogic Tells CoStar Its Buyout Offer Needs Improvement
- Brandon to Succeed Hicks as CEO at Alleghany at Year End
- Brit Combines Ambridge and BGSU to Create U.S. MGA
- Home Insurance Agency Hippo to Go Public in $5B SPAC
- Internet Firms’ Liability Protection Under Fire. 26 Words and What’s at Stake
- Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance
- Startup Auto Insurer Root Reports $363M Loss in 2020; Will Spend to Grow in 2021
- Update – Aon’s $30B Bid for Willis Towers Watson Faces EU Antitrust Warning: Reuters
- Boy Scouts Reorganization Plan Calls for $300M Fund for Sex Abuse Victims
- Next Insurance to Acquire Affinity Agency AP Intego
- Banks Seeking New Protections in Wake of Citigroup’s $900M Mistake
- Alphabet-Backed Startup Insurer Oscar Health Raises $1.2 Billion in IPO
- Hiscox Cites Loss on COVID, BI Dispute ‘Brand Damage’; Will Alter Liability, Cyber Books
- Many Meatpackers, Other Food Workers Still Waiting for Vaccines
- Democratic House Chairs Urge N95 Mask Requirement for Meatpacking Plant Workers
- PLUS Offers Cyber Liability Insurance Designation
- Florida’s TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance
- Google to Offer Cyber Insurance From Allianz, Munich Re to Cloud Users
- Supreme Court Justices Question Patent Tribunal’s Constitutionality
- U.S. Conducting Probe of 1.9M Toyota RAV4s Over Fire Risk
- Many States Lack Flood Risk Disclosure Laws for Homebuyers
- GEICO Drives Up Berkshire 2020 Underwriting Profit
- Top Workplace Discrimination Complaints of 2020: Retaliation #1
- Court Up’holds’ Insurers’ Denial of $6M Crime Claim for Phishing Loss
- Crash Victims’ Families Seek Boeing CEO Testimony; Lawmakers Seek FAA Records
- House Votes to Extend Civil, Labor Rights to LGBTQ Americans; Fate in Senate Uncertain
- Investor Suit Alleges Chemours Directors Misled About Firm’s Financials, Liabilities
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