Insurance Journal Magazine: 2020

Insurance Journal
January 1, 1970 Issue

National Articles from January 1, 1970

Top Business Risks
MMA Alleges Broker Patriot Poached 11 Surety Team Members
Acrisure Goes After Former Owners of Businesses It Acquired for Leaving to Compete
Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event

AI to Double Data Center Power, Water Use by 2030, UN Researchers Say
Renewals for Most Commercial Lines Decrease in May, Says Ivans
Roof Costs Soar Even as Claims Decline: Verisk
Survey Highlights Growing Interconnected Risks, Protection Gaps
Reinsurers Bring Strong Risk Appetite to Florida’s June Renewals: Guy Carpenter
Environmental Brokers Busier Following Washington Chemical Plant Blast
Intersecting Risks and the Future of Construction Insurance
Evolving Risk Landscape for Nonprofits Reinforces Need for More Than Insurance Partner
Umbrella Traps: Errors That Create Trouble in the Layers
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
Why Are Property & Casualty Carriers So Profitable?
Directors and Officers Insurance Policy Proceeds as Estate Assets in Bankruptcy
What to Know About Cyber-Enabled Fraud and How Insurance Can Help
Time Is the Best Indicator of Recruiting Success
Why AI Will Redefine Independent Agency Performance
My New Markets
People
Business Moves
Declarations

West Articles from January 1, 1970

Colorado Governor Signs Law Aimed at Lowering Homeowners Insurance Costs
Report Calls for Transparency, Modernization of Washington Fire Scoring Bureau

South Articles from January 1, 1970

Artist Suing FIFA Over Destruction of Dallas Whale Mural
Small Plane Crash Near Austin Caused by Inflight Breakup, Report Finds

Southeast Articles from January 1, 1970

Georgia Brokers and Agents Sound the Alarm After Court Ruling Expands Liability for Them

Midwest Articles from January 1, 1970

Ohio State to Pay $100M Settlement in Sexual Abuse Case
Ohio Man Sentenced for Causing $860K in Computer Fraud Losses

East Articles from January 1, 1970

NY Lawmakers Agree to Governor’s Auto Insurance Reforms
After Complaint, GEICO to Modify Cancellation Process That Uses AI

West Articles from January 1, 1970

California Governor Issues Executive Order to Prep Workers, Businesses for AI Disruption
Report: California Independent Medical Review Overturns 10.2% of Treatment Requests
Washington Commissioner Issued $167K in Fines in 2Q

South Articles from January 1, 1970

New Law Requires Oklahoma Rate Filings to Undergo Review Process
Louisiana Officials Agree to $4.8M Settlement in Death of Black Motorist
Oklahoma Manufacturer to Pay $4.2M Over COVID Mandate

Southeast Articles from January 1, 1970

Three New HO Carriers and an Improving Condo Market in Florida, Reports Show
Florida Governor Signs Bill Dropping Building Permit Requirements for Work Valued at $7,500 or Less

Midwest Articles from January 1, 1970

Illinois Man Receives $300K Settlement from Dog Attack
Man Wrongly Convicted of Killing Michigan Hunters Agrees to $5M Settlement
AM Best Revises Outlooks to Stable for Missouri Valley Mutual

East Articles from January 1, 1970

NY Hopes Captives Can Lower Affordable Housing Insurance Costs

Insurance JournalJanuary 1, 1970 Issue

Top Business Risks

MMA Alleges Broker Patriot Poached 11 Surety Team Members

Acrisure Goes After Former Owners of Businesses It Acquired for Leaving to Compete

Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event

AI to Double Data Center Power, Water Use by 2030, UN Researchers Say

Renewals for Most Commercial Lines Decrease in May, Says Ivans

Roof Costs Soar Even as Claims Decline: Verisk

Survey Highlights Growing Interconnected Risks, Protection Gaps

Reinsurers Bring Strong Risk Appetite to Florida’s June Renewals: Guy Carpenter

Environmental Brokers Busier Following Washington Chemical Plant Blast

Intersecting Risks and the Future of Construction Insurance

Evolving Risk Landscape for Nonprofits Reinforces Need for More Than Insurance Partner

Umbrella Traps: Errors That Create Trouble in the Layers

The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’

Why Are Property & Casualty Carriers So Profitable?

Directors and Officers Insurance Policy Proceeds as Estate Assets in Bankruptcy

What to Know About Cyber-Enabled Fraud and How Insurance Can Help

Time Is the Best Indicator of Recruiting Success

Why AI Will Redefine Independent Agency Performance

My New Markets

People

Business Moves

Declarations

Colorado Governor Signs Law Aimed at Lowering Homeowners Insurance Costs

Report Calls for Transparency, Modernization of Washington Fire Scoring Bureau

Artist Suing FIFA Over Destruction of Dallas Whale Mural

Small Plane Crash Near Austin Caused by Inflight Breakup, Report Finds

Georgia Brokers and Agents Sound the Alarm After Court Ruling Expands Liability for Them

Ohio State to Pay $100M Settlement in Sexual Abuse Case

Ohio Man Sentenced for Causing $860K in Computer Fraud Losses

NY Lawmakers Agree to Governor’s Auto Insurance Reforms

After Complaint, GEICO to Modify Cancellation Process That Uses AI

California Governor Issues Executive Order to Prep Workers, Businesses for AI Disruption

Report: California Independent Medical Review Overturns 10.2% of Treatment Requests

Washington Commissioner Issued $167K in Fines in 2Q

New Law Requires Oklahoma Rate Filings to Undergo Review Process

Louisiana Officials Agree to $4.8M Settlement in Death of Black Motorist

Oklahoma Manufacturer to Pay $4.2M Over COVID Mandate

Three New HO Carriers and an Improving Condo Market in Florida, Reports Show

Florida Governor Signs Bill Dropping Building Permit Requirements for Work Valued at $7,500 or Less

Illinois Man Receives $300K Settlement from Dog Attack

Man Wrongly Convicted of Killing Michigan Hunters Agrees to $5M Settlement

AM Best Revises Outlooks to Stable for Missouri Valley Mutual

NY Hopes Captives Can Lower Affordable Housing Insurance Costs

Insurance Journal
January 1, 1970 Issue