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Insurance News

  • The Results Are In: How NFL QBs/Insurance Salesmen Mahomes, Rodgers, Mayfield Rate

    News – Insurance Journal Jan 25, 2021 | 14:20 pm

    Last week, Insurance Journal polled football fans, asking them to compare three NFL quarterbacks who also appear in insurance TV ads. The poll asked readers to rate Green Bay Packers future Hall-of-Famer QB Aaron Rodgers who sells for State Farm;[…]

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  • Teen Accused of Stealing Nearly $1M from Georgia Supermarket

    News – Insurance Journal Jan 25, 2021 | 12:58 pm

    A suburban Atlanta teenager has been arrested on charges that he defrauded a supermarket where he worked of nearly $1 million over a two-week period. The Atlanta Journal-Constitution reports 19-year-old Tre Brown was arrested Jan. 14 by Gwinnett County police[…]

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  • Former Kentucky Mine Safety Director Pleads Guilty to Dust Monitor Tampering

    News – Insurance Journal Jan 25, 2021 | 12:45 pm

    A safety director at a Kentucky coal mine has pleaded guilty to a federal charge of rigging dust monitoring in underground mines. Steve DeMoss pleaded guilty earlier this month in federal court in Owensboro. He was one of nine former[…]

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  • Keeping Up with Changes in Florida’s Growing Private Flood Market

    News – Insurance Journal Jan 25, 2021 | 12:35 pm

    Flooding is America’s number one natural disaster and as the highest “at risk” state in the country, Florida is the epicenter for all things flood insurance. Since 1968, when procuring flood insurance, agents and homeowners have had virtually one option:[…]

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  • Nebraska Supreme Court Says Suit Against MUD in Omaha Fire Can Proceed

    News – Insurance Journal Jan 25, 2021 | 12:34 pm

    The Nebraska Supreme Court is allowing a lawsuit to continue against an Omaha natural gas utility for a 2016 fire that destroyed part of the downtown Omaha’s Old Market. The ruling affirms the finding of a lower court that rejected[…]

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  • Insurance Industry Veterans Launch Upland Capital Group in Dallas

    News – Insurance Journal Jan 25, 2021 | 12:31 pm

    Upland Capital Group (Upland), a Dallas-based specialty insurance business led by long-time insurance and investment executives has opened for business. Upland is funded through an equity investment of up to $200 million from Newlight Partners LP (Newlight), a growth equity[…]

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  • IMA Adds Maier as VP in Houston Energy Practice

    News – Insurance Journal Jan 25, 2021 | 12:28 pm

    Insurance brokerage firm, IMA Inc., has hired veteran underwriting professional Conrad Maier as vice president in the company’s Houston-based energy practice. Maier is the first dedicated producer in Houston, marking the next stage of IMA’s aggressive expansion plan in the[…]

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  • Unions File OSHA Complaint Over No Mask Mandate at Iowa Capitol

    News – Insurance Journal Jan 25, 2021 | 12:27 pm

    A labor union representing state workers has filed a complaint with the state Occupational Safety and Health Administration, arguing that a lack of a mask mandate at the Iowa Capitol threatens the safety of everyone who enters the building. Iowa[…]

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  • Heinz Joins Lockton from Aon as Partner in Transaction Liability Practice

    News – Insurance Journal Jan 25, 2021 | 12:25 pm

    Kansas City, Mo.-based Lockton has added Matt Heinz as a partner in its Transaction Liability practice. Heinz will co-lead the group with partners Josh Halpern, Eric Ziff and Gaurav Sud, who joined Lockton last year as the firm sought to[…]

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  • Insurance Journal’s 2021 Agency Salary Survey Open

    News – Insurance Journal Jan 25, 2021 | 12:24 pm

    Insurance Journal is once again seeking independent agency owners, principals, producers, CSRs — the entire agency — to participate in its annual independent insurance agency salary survey for publication in Insurance Journal magazine. The survey takes about 15 minutes to[…]

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  • Wrongful Death Suit Filed Against NRA, Gunmaker, Shooter Over Synagogue Attack

    News – Insurance Journal Jan 25, 2021 | 11:06 am

    The son of a couple killed in a Pittsburgh synagogue attack that killed 11 worshippers is suing the National Rifle Association, arguing the group’s inflammatory rhetoric led to the violence. Marc Simon, the son of Sylvan and Bernice Simon, filed[…]

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  • New York Court: Uber Drivers Are Employees Eligible for Unemployment Insurance

    News – Insurance Journal Jan 25, 2021 | 10:57 am

    The New York Supreme Court, Appellate Division, Third Judicial Department held at the end of December that Uber drivers can be considered employees eligible for benefits such as unemployment insurance. The finding upheld two previous April 2019 decisions by the[…]

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  • Man Pleads Guilty to Deaths of 36 in California Warehouse Fire

    News – Insurance Journal Jan 25, 2021 | 10:44 am

    The master tenant of a San Francisco Bay Area warehouse where 36 people perished when a fire ignited during a 2016 dance party pleaded guilty Friday to the deaths, avoiding a second trial after the first ended in a hung[…]

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  • DuPont, Chemours Reach Pact Over Liability for ‘Forever Chemicals’ PFAs Pollution

    News – Insurance Journal Jan 25, 2021 | 10:40 am

    The Dupont Co. and its spinoff business Chemours have agreed to resolve legal disputes over environmental liabilities for pollution related to man-made chemicals associated with an increased risk of cancer and other health problems. The binding memorandum of understanding announced[…]

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  • S. Africa Insurer Santam Begins Processing 4,000 Business Interruption Claims

    News – Insurance Journal Jan 25, 2021 | 10:03 am

    JOHANNESBURG— South African insurer Santam Ltd. said on Monday it will start processing business interruption claims for all commercial policies that were affected by a coronavirus-led lockdown in April beyond those of its hospitality and leisure division. It will cover[…]

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  • MyFloodInsurance.com Expands Flood Tool to Real Estate Agents, Homebuyers

    News – Insurance Journal Jan 25, 2021 | 10:00 am

    MyFloodInsurance.com has been expanded to allow for real estate agents and homebuyers to receive instant flood insurance quotes from multiple flood insurance companies, as well as the National Flood Insurance Program (NFIP). The My Flood Insurance widget can be added[…]

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  • Fire on Prudence Island Destroys Three Homes

    News – Insurance Journal Jan 25, 2021 | 09:28 am

    Three homes were destroyed and two others were damaged in a Thursday night fire on Prudence Island, Rhode Island, fire officials said. Firefighters from Portsmouth and several nearby communities responded to the fire around 11 p.m., according to The Newport[…]

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  • Pennsylvania Water Customer in Arrears Burned Workers with Acid

    News – Insurance Journal Jan 25, 2021 | 09:25 am

    A Pennsylvania woman who didn’t pay her water bill has been charged with felonies including the use of weapons of mass destruction after she burned three municipal workers with acidic drain cleaner as they tried to restore her service, authorities[…]

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  • Libor Remains a Big Problem, But At Least It’s Getting Smaller

    News – Insurance Journal Jan 25, 2021 | 08:53 am

    Untangling the vast global derivatives industry from Libor just got a bit easier. The London interbank offered rate is hardwired into swaps and other contracts worth hundreds of trillions of dollars, but it’s slated to disappear in the not-too-distant future.[…]

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  • Foley’s SPAC in $7.3B Deal to Take Blackstone’s Benefits Firm Alight Public

    News – Insurance Journal Jan 25, 2021 | 08:33 am

    A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group, public in a deal valued at $7.3 billion, the companies said on Monday.[…]

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