News for February 2021
- California Agriculture Company Owner, Daughter Sentenced in $2.5M Workers’ Comp Scheme
- Damage to West Virginia Power Grids from Winter Storm Delays Power Restoration
- Illinois Bill Would Move Workers’ Comp Fraud Probes to Insurance Department
- Family of West Virginia Gov to Pay $270K in Suit Over Mine Discharges
- Southern Exposure: Cold Wreaks Havoc on States with Aging Waterworks
- Nebraska County to Pay $120K to Settle 911 Wrongful Death Lawsuit
- Judge Strikes Down Parts of Michigan Towing Law
- Ryan Specialty Group Expands Executive Team; Turner Becomes President
- Brown & Brown Brings Its Wholesale Units Under Bridge Specialty Brand
- Washington State Pushing Measure to Create Office of Cybersecurity
- Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital
- U.S. Fines Boeing $6.6 Million Over Safety Pact Noncompliance, Enforcement Cases
- U.S. to Urge Barriers, Elevation to Fight New Jersey Back Bay Flooding
- Biden Extends Unemployment Insurance for Workers Fearing COVID Risk
- Virginia Lawmakers Advance Consumer Data Protection Act
- Ascot Promotes Thompson to CEO, Bermuda, as Berger Retires
- Conner Strong & Buckelew Names Jampana as Senior VP, Chief Information Officer
- One80 Intermediaries Acquires New York’s Edward E. Hall and Company
- Beazley Forms Digital Business Unit to Transform Tech Strategy, Led by Fantozzi
- D&O-Focused MGA, Rising Edge, to Launch in 1st Half
- Senator Says Microsoft Failed to Fix Cloud Software Issue Used by SolarWinds Hackers
- AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round
- EU Seeks More Protection from Climate Risks by Increasing Resilience, Insurance Cover
- Canadian Insurtech Farmers Edge Raises $100 Million in IPO
- UK Insurer RSA Reports 15% Hike in 2020 Operating Profit
- Irish Insurer FBD More Than Doubles Money Set Aside for Lockdown-Related Claims
- Texas Marine Services Firm to Pay $125K to Settle Disability Discrimination Suit
- Texas Mom Seeks to Raise Fire Safety Awareness after 4 Die in Frigid Home
- Judge Dismisses Georgia Lawsuit by Transgender Fire Chief Over Technicality
- SIU Adds Kiernan to Marine Brokerage Team in Georgia
- Poms & Associates Adds Roque and Evaniuck in California
- Insurance Employment Impresses With Insurers Adding 20K Jobs During Pandemic
- Opponents Ask Supreme Court to Halt Harvard’s Use of Race in Admissions
- PPIB in California Names Etter President
- Risk Management (or Lack Thereof) and Texas’ Deep Freeze Energy Failures
- Auto Insurers Slam Nevada Pandemic Lawsuits
- After Texas Power Failures, South Carolina Gov Wants Winter Storm Review of Grid
- South Dakota AG’s Cellphone Use Before Deadly Crash Questioned
- Flood Risk in Iowa, Nebraska Appears Low with Gradual Snow Melt
- North Dakota House Passes Bill That Would Legalize Recreational Marijuana
- Legacy Specialist Enstar Provides $2.3B Adverse Development Cover for AXA XL
- Chubb’s Digital Blink Targets Consumer Sales via Partner, Affinity Companies
- Munich Re’s 2020 Profit Drops 55% on COVID-19-Related Reinsurance Claims of $4.1B
- Déjà Vu: P/C Insurance Challenges for 2021 Look Much Like 2020’s, Says AM Best
- Nevada Lawsuits Filed Against Auto Insurers over Rates in Pandemic
- Federal Aviation Safety Oversight Remains Weak, Vulnerable, Says Watchdog
- Airline to Pay $3.2M After Woman Dies at Oregon Airport
- Most of Texas Deep Freeze $90 Billion in Losses Avoidable, Modeler Says
- World Insurance Associates Acquires New Jersey’s Szerlip & Company
- Glatfelter Insurance Appoints Murray as President of Claims Management Business
- Crawford & Company Appoints Pageau as VP, Managing Director in New England Region
- Zurich North America Names Aviva’s Kundi as Canada Chief Risk Officer
- Appeal Over Dictionary Use Denied in University of Virginia Lacrosse Slaying
- Kenya Seeks More Crop Insurance to Cover Small Farms from Climate Change Risks
- Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit
- Texas Lawmakers Told Insurers Want ‘Seat at Table’ As Power Blackout Probe Begins
- AXA Reports 18% Drop in Net Income During 2020 with COVID Claims of $1.8 Billion
- UK Prime Minister Warns Climate Change Is Threat to World Security
- Joseph Schauer Named President, CEO at Ohio Agency, Schauer Group
- Aviva Pushes Back Deadline for Final Offers for Polish Operations: Sources
- Texas’ Upland Capital Group Launches Excess Transportation Liability Program
- Kentucky High School Athletic Association Sued Over Coronavirus Policy
- Texas Insurance Exec, Harrison, Honored by Big ‘I’ with Woodworth Memorial Award
- 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
- Fatal Crash in Florida Keys Cuts Power, Shuts Down 3 Schools
- Bill to Limit COVID-19 Lawsuits Approved in Missouri Senate
- Truck/Train Collision in Texas Results in Large Explosion, Fire
- Deadly Power Outages Lead to Board Resignations at Texas Grid Operator
- California Woman Sentenced in $135K Staged Collision Ring
- Washington Court Upholds Authority to Pursue Charges in Workplace Death
- Fire Victim Trust Sues California Utility Executives for Causing Wildfires
- Personal Info Posted Online After North Carolina County Ransomware Attack
- Water Woes Expected to Last Several More Days in Mississippi After Freeze
- 15 Insurers Stop Doing Business with Nord Stream 2 Pipeline to Avoid Sanctions: Reuters
- Missouri Auto Parts Manufacturer Cited in Worker’s Coronavirus Death
- Michigan Aerospace Parts Provider to Pay $60K to Settle Age Discrimination Suit
- Michigan’s Kapnick Insurance Adds Tubergen as VP, Transportation Leader
- Judge Advances Multidistrict COVID Business Interruption Case Against Society Insurance
- California Governor Wants Vaccines for Central Valley Farmworkers
- Nevada Ski Resort Sued for Negligence After Fatal Avalanche
- Construction Worker Hurt in Accident at New Jersey College
- Massive SolarWinds Hack Prompts Calls for U.S. Law Requiring Cyber Breach Reporting
- Suspect Arrested in June 21 Fatal Shooting in Connecticut Hotel
- New Members Appointed to New York State Insurance Advisory Board
- Allianz Global Corporate & Specialty Promotes Fioretti in New York
- French Privacy Watchdog Probes Massive Leak of Sensitive Health Data
- Finland’s Sampo Steps Up Move to Become Pure Insurance Group, Cutting Nordea Stake
- EPIC Realigns Leadership With O’Neil as President; Creates New Regional Lineup
- Furtschegger Appointed Global Head of Entertainment Line of Business at AGCS
- AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential
- Italy’s Top Insurer Generali to Invest €3.5B in COVID-Hit European Countries
- Plans to Reform UK Insurance Capital Rules Not Part of ‘Deregulatory Agenda’: Minister
- Willis Towers Watson, Liberty Specialty Markets Launch Reputational Crisis Coverage
- Florida Legislature Weighs Options to Address Rising Homeowners Insurance Costs
- Minick Retiring from Texas Workplace Injury Benefit Risk Managing Firm, PartnerSource
- 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
- Smith Joins Palomar Insurance in Georgia
- Worker Injuries Rise as Oklahoma Pork Plant Speeds Up Slaughtering
- $1B Class-Action Suit Filed Against Texas Wholesale Electricity Provider, Griddy
- California School Employee Arraigned for Workers’ Comp Fraud After Virus Diagnosis
- California Commissioner Wants Rate Transparency Rules for Wildfire Risk
- Wyoming Department of Insurance Giving Online Licensing Exams
- Black North Carolina Firefighters File Discrimination Suit
- Iowa’s UFG, Topsail Re Agree on Program Management Sharing Plan
- Applied Underwriters’ Centauri Insurance Acquires Gulfstream Renewals
- North Dakota Bill Aimed at Curbing Catalytic Converter Thefts
- $1.3B Defamation Lawsuit Filed Against Minnesota’s ‘MyPillow Guy’
- Digital Wholesaler Pathpoint Adds Contractor Liability Markets
- Aspen’s Bonds Joins CRC as Chief Officer for Property Programs
- UK, EU to Create Financial Services Cooperation Forum for Market Access Talks
- More Insurer Partnerships, Tech Investments, Divestitures to Come in 2021, Says Bain
- Northwest Alaska City Declares Disaster Following Power Outage
- California Lawmakers Introduce Proposal to Ban Fracking by 2027
- Settlement Reached in California Suit Alleging Franco Sexual Misconduct
- Lloyd’s Survey Results Show More Inclusive Culture, but Improvement Still Needed
- Nine Injured, Two Seriously, in Explosion at New York City Residence
- Facebook Employee Called Inflated Ad Metrics ‘Deeply Wrong’
- Teen Sought in Fatal Bowling Alley Shooting Near Philadelphia Turns Himself In
- High Street Insurance Partners Acquires New York’s Badge Agency
- MAPFRE Insurance Hires Sjolin as Vice President of Business Development
- Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions
- Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine
- BHSI Appoints MSIG’s Neumann as Head of Casualty in Germany
- UK’s Aviva to Sell French Business for $3.9 Billion, Continuing Core-Market Strategy
- U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield
- Unstable Construction Crane Spurs Evacuations in Downtown Atlanta
- Arch to Back Coalition Cyber Insurance Programs with Long-Term Capacity
- Texas Ranchers Scrambled to Keep Animals Alive in Extreme Cold
- Family of Woman Killed in New Orleans Float Accident Sues Carnival Krewe
- Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid
- Mother of 11-Year-Old Who Died in Texas Freeze Sues Power Companies for $100M
- The Liberty Company in California Adds Chubb’s Darling
- Deep Freeze Causes Problems Across the South; Broken Water Mains Plague Cities
- South Carolina County Rebuilds Network After Denying Hacker Ransom Demand
- Oklahoma Injection Wells Closed or Reduced After 4.2 Magnitude Quake
- Indiana Governor Signs COVID-19 Liability Shield Legislation
- Sioux Falls Settles Negligence Lawsuit Filed After Child’s Drowning
- Former Iowa Insurance Agent Charged with Fraud, Money Laundering
- Southeast Missouri Barn Fire Kills 10 Horses at Riding Academy
- Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses
- Parts Fall from Colorado Sky in Boeing 777 Scare
- Drought Could Increase Fire Threat in Wyoming, Officials Say
- Cyberattack Strikes Pandemic-Besigned Navajo Nation Hospital
- Washington Port Commissioner Faces Suit over Helicopter Crash
- QBE Reports Full-Year 2020 Loss of $1.5 Billion; No Final Dividend Declared
- Third Point Re Announces Appointments to SiriusPoint Leadership Team
- Bills That Help First Responders Hit by COVID-19 Advance in Virginia
- Risk Strategies Promotes Hoffman, Smith to Managing Directors
- Big I Advantage Promotes Juratovic to Assistant Vice President for E&O
- Ensurise Merges with Insurance Brokerage Operations of Howard Eales
- Debris Could Threaten Operations in Space – as Well as Earthbound Activities
- Fight Brewing over Insurer-Backed California Bill That Includes Autobody Shops
- Bursting Pipes, Sagging Roofs Strain Texas Adjusters, Contractors
- About 1,000 EU Finance Firms, Such as Insurers, Eye Post-Brexit Outposts in UK
- Airlines Urged to Ground 777 Jets After United Falling Debris Incident
- Uber’s UK Court Loss Likely to Trigger More Complaints from Gig Workers Across Europe
- Israeli Insurtech Earnix Reaches $1 Billion Valuation After Financing Round
- Insurer Wins Covid-19 Business Interruption Case Filed by New Orleans Restaurant
- 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
- Miami Business Owners Accused of Evading $300K in Workers’ Comp Premiums
- World Insurance Associates Acquires LCL Insurance of North Carolina
- Insurance Losses From Texas Storm May Set First Quarter Record: A.M. Best
- California Bill Would Mandate Minimum Insurance Coverage at Rehabs
- Freezing Winter Storm Paralyzes Deep South; Thousands Without Power
- Anchorage Building Getting $41M Upgrade After Quake
- Washington Insurance Commissioner-Backed Bill to Ban Use of Credit Scores Amended
- Zurich Insurance Appoints De Nil as CEO of Nordics
- Policygenius Hires Shepherd as Chief Financial Officer
- Sovereign Claims Appoints Humphreys, Conolly to its Executive Team
- Lloyd’s Expects to Reopen Underwriting Room in April or May
- Viewpoint: Biometric Information Privacy Statutes Could Be a Minefield for Insurers
- AM Best Upgrades E&S Outlook; Praises Resiliency, Clear Terms Amid Pandemic
- Fitch Sees ‘Modest’ Homeowners Insurance Underwriting Loss for 2020
- UK to Set Up Green Finance Hubs to Encourage Banks, Insurers to Invest in Renewables
- Insurers Expect ‘Hundreds of Thousands’ of Claims from Texas Storm
- UK Court Rules Uber Drivers Should Be Classed as Workers, in Blow to Business Model
- SPAC Backed by AmTrust Executives Files for $300M IPO
- Caribbean Agricultural Workers Keep Fighting for Compensation from Pesticide Exposure
- Swiss Re Reports Larger-Than-Expected Annual Loss of US$878 Million
- Specialty Lines MGA Ensurance Completes New Capacity Deal with AXA
- Officials: ‘Freak Storm’ Caused Deadly North Carolina Tornado
- North Carolina Offering Altered Road Test for Teen Drivers to Receive Licenses
- Crum & Forster Adds Quaranta, Borovski to East, Southeast eRisk Teams
- Allianz’ 2020 Operating Profit Drops 9.3% in First Decline Since 2011
- Citing Bias, Black Franchise Owner, Ex-MLBer, Sues McDonald’s
- Why Industry Must Take Measurable Steps to Increase Diversity
- Oklahoma Legislation Would Require Tornado Safety Information in Hotels
- $23.9M Returned to Missouri Insurance Consumers in 2020
- OSHA: Missouri Plumbing Contractor Fined $299.5K for Trench Safety Violations
- Winter Storm Uri to Generate Billions in Insured Losses: Moody’s
- AIG Hikes Rates Up to 45%; Reports Interest in Life/Retirement Unit Sale
- U.S. Financial Services Leaders Support Principles for Low-Carbon Transition
- California Commissioner Wants More Group Discounts for Lower-Income Drivers
- Cannabis Broker Spotlight: Lockton’s Devey Helps Clients Battle ‘Insurance Fatigue’
- Police Arrest 11 in Atlanta Area Pharmacy Burglaries
- HSB Launches Workplace Violence Insurance for Small Businesses
- Several Homes Damaged by Tornado in Georgia
- EF3 Tornado Rips Across North Carolina Community, Levels Homes, Kills 3
- Kansas Bill Would Change Method for Filling Insurance Commissioner Post
- Texas Leaders Failed to Heed Warnings About Vulnerability of Power Grid, Experts Say
- Global Insurance M&A Activity Expected to Soar in 2021
- Brown & Brown Promotes Florida-Based Nester to CIO
- Global Risk Partners Agrees to Acquire Marsh’s UK Networks Business
- Boeing Issues Global Safety Warning to Pilots in Wake of Indonesian 737 Crash
- Union Mutual of Vermont Companies Hires Hanus as Marketing Representative
- Captain Pleads Not Guilty to Manslaughter in California Dive Boat Fire
- Risk Placement Services Hires Harvey as Executive VP in Its Brokerage Division
- Earthquake Warning System Rolling Out in Oregon, Washington
- 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
- France to Boost Cyber Security Defenses After Attacks
- Collapse of Stack at ArcelorMittal South Africa’s Steel Plant Kills 3
- HDI Global Resets International Strategy for Liability Line, Expands Management Team
- Australia Regulator Raises Antitrust Concerns over $30B Aon-Willis Towers Watson Deal
- Minnesota Business Owners Ruined by Protests Plead for Rebuilding Help
- Palomar Teams Up with Austin’s Technical Risk Underwriters on Builder’s Risk
- Newfront Insurance in California Adds AmTrust Surety’s Spruill-Iqbal
- Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan
- Future of the Insurance Industry and Who Owns It: 3 Scenarios From Verisk’s Anquillare
- 100 Animals Killed in Fire at Indianapolis Pet Store
- NTSB Will Investigate Deadly 130 Vehicle-Plus Crash in Texas
- NTIS Transportation Insurance Services in California Moves to Las Vegas
- In Texas’s Black-Swan Blackout, Everything Went Wrong at Once
- Internet of Things Devices Increase Risk of Cyber Attacks on Industrial Sector: Lloyd’s
- Texas Ag Industry, Food Supply at Risk from Severe Weather, Official Says
- Rinehart Named VP, Human Resources, at Missouri’s Columbia Insurance Group
- Michigan Insurance Agent Accused of Embezzling $17K From Clients
- Diversity in Insurance Industry Calls For Including Different Mindsets and Experiences
- New York Court Finds Insurer Not Responsible for Theater’s COVID-19 Losses
- Montana Governor Lifts Mask Mandate, Virus Liability Protections in Place
- Family of Black Man Killed by Los Angeles Deputies Seeks $35M
- University of Colorado Reports Cyberattack on System
- Judge Denies Citibank Bid to Recoup Some of Mistaken $893M Payments to Revlon Lenders
- Officer Charged in Crash Into House in Philadelphia Suspended, to be Fired
- AHT Insurance Partner Schermerhorn Elected as Chairman of TechAssure Association
- New York Attorney General Sues Amazon Over COVID-19 Shortfalls
- Spain Prepares Labor Laws that Could Force Food Delivery Apps to Employ Gig Workers
- Corporate Filings Reveal Pay Gap for Female Executives Narrows But Persists
- Ex-UniCredit CEO Teams Up with France’s Richest Man to Form SPAC for Financial Deals
- UK Highlights Rising Political Risk in New Business Guidance on Hong Kong
- Swiss Re Corporate Solutions Appoints Neon’s Dougall as Global Head Casualty
- As Metal Prices Rise, Atlanta Sees Theft of Catalytic Converters
- Explosion at Florida Sanitation Complex Destroys 5 Garbage Trucks
- Miami Insurance Agent Arrested in Identity Theft Fraud Scheme
- $4.5M Settlement Offered in Police Shooting of Alton Sterling in Louisiana
- Indiana COVID-19 Lawsuit Shield Legislation Sent to Governor
- Brence Named Shareholder at Swingle Collins & Associates in Dallas
- AIG Sees ‘Continued Progress’ Despite P/C Underwriting Loss of $171 Million in Q4
- IVANS Survey Finds Agencies and Insurers Seek Greater Connectivity
- The Liberty Company Adds Ruggles in California
- Uber Urges EU to Recognize Gig Business Model as UK Court Is Set to Rule
- QBE Custom Property Coverage Form Targets Mid-Size Company Risks
- Monahan Returns to Appalachian Underwriters in Florida as P&C Senior Broker
- 150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels
- Citrus Crop Losses Expected in Texas After Deep Freeze
- Done Deal: Bold Penguin Is Now a Subsidiary of American Family
- Freeze Slams Texas; Power Could Be Out for Days
- Storm System Spawns Tornado in Florida, Several Homes Damaged
- Man Who Broke Ankle on Obstacle Course on Michigan Farm Wins Appeal
- New Year, New Threats? Cyber Pros Say Attacks Will Continue to Increase in 2021
- Officials in Small Iowa Town Charged with Embezzlement, Other Felonies
- South Central Region Shut Down by Winter Storm
- Historic Atlanta Krispy Kreme Owned by Shaq Damaged by Fire
- Applied Underwriters Acquires Oklahoma Property and Casualty Insurance
- Ex-Medical Manager in Indiana Awarded $3.6M in Whistleblower Case
- UK Judge Rules Newspaper Violated Duchess Meghan’s Privacy in Publishing Letter
- Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits
- Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance
- Most Oregonians Applying for Disaster Aid After 2020 Wildfires Denied
- USI Insurance Services Acquires Inland Insurance in Washington
- Progressive to Buy Transportation Insurer Protective for $338 Million
- Ice Storm Leaves Thousands Without Power in Mid-Atlantic
- With Crashes Down, Massachusetts Lawmakers Want Lower Car Insurance Rates
- Core Assurance Partners Names Brandau as President, Russell as Vice President
- AXA XL Names O’Malley as U.S. Country Manager
- Fire at Indian Firecracker Factory Kills at Least 12, Police Report
- Zaffino to Succeed Duperreault as CEO of AIG March 1
- Brown Reappointed as Texas Workers’ Compensation Commissioner
- Viewpoint: Post-Pandemic: Will Employers or Workers Have Upper Hand?
- California Commissioner Names Morales Diversity Task Force Leader
- California Mother, Son Arrested for Fraud Involving Aston Martin
- Lloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom
- Newfront in California Adds Gallagher’s Pedisich
- GM Settles With California Over Ignition Switch Statements for $5.75M
- Microsoft Exec Calls SolarWinds Hack ‘Largest, Most Sophisticated Attack’ Ever
- Former School Bus Employee Arrested in $50K Florida Insurance Fraud Scheme
- Ullico, Hagerty to Offer Collector & Classic Car Coverage to Union Members
- Insurors of Tennessee Promotes Layman, Smith
- UK High Court Allows Suit Against Shell by Nigerian Farmers, Fishermen Over Oil Spills
- UK Supreme Court to Rule This Week on Workers’ Rights for Uber Drivers
- New Chubb Crime Coverage Protects Firms from Employee Theft, Outside Criminals
- Louisiana’s Democratic Governor Balks at Biden’s Oil, Gas Policy
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