Monthly Archives: <span>September 2020</span>

Ex-Director Files Whistleblower Suit Against University of New Mexico

The University of New Mexico retaliated against the director of Africana Studies for demanding that his program be elevated to a department and later removed him when the program got state funding for the change, according to a whistleblower lawsuit. …

Agents Warned of ‘Creative’ Attorneys and COVID-19 Lawsuits

Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants start looking around for other sources of reimbursement …

First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak

The New York State Department of Financial Services (DFS) filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information. The charges are the first to be filed under DFS’ cybersecurity regulation, Part 500 …

The Role Insurance Plays in Civil Rights Settlements Against Law Enforcement

Municipalities, their insurers and risk pools should be heeding the current public re-examination of police and prosecutorial actions taking place across the country, according to an insurance policyholder attorney who works on civil rights cases. Attorney Alexander Brown sees the …

Owners Find Insurance Inadequate to Cover Demolition of Buildings Destroyed by Riots

Some commercial property owners whose businesses were torched by rioters are learning that they don’t have enough insurance to clear away the debris. Many property owners in the Minneapolis-St. Paul area purchased policies that limit payouts for demolition costs to …

People & Places

National Insurer Chubb announced the appointment of John Fielding as senior vice president, general counsel, Global Government and Industry Affairs. In this role, Fielding will provide legal, regulatory and policy guidance and advice to Chubb’s state, federal and international government …

Business Moves

National Carlyle, Alera Group New York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Ill.-based Alera Group, the property and casualty, employee benefits insurance broker that is a privately-held company and backed by Genstar Capital and …

Welcome to Insurance Journal’s annual Top 20 Agency Partnerships report. This report is ranked by total property/casualty revenue for 2019.

Today’s Agency Partnerships are numerous and offer value and benefits to their members, including independence, growth opportunities, access to markets, profit sharing, perpetuation planning, relationships, technology, staff support, agency errors and omissions coverage, and much more. Agency Partnerships are very …

Break Your Marketing Paralysis

Insurance organizations have had three reactions to the pandemic with their marketing communications programs. In my book, only one of them is acceptable. One reaction is comprehensive corporate paralysis. I can imagine the narrative on the April 1 video conference: …

Lack of Connection

The coronavirus pandemic has taken its toll on just about everyone in today’s workforce, but younger employees may be facing the greatest burden when it comes to stress. Gen Z employees – those born starting in 1995 – were three …