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CURRENT ISSUE


WEDNESDAY, JULY 12

 * * When sex crimes take place in the workplace
   * Experts say employers lag in sexual harassment prevention training
   * Failure to respond to assaults opens employers to liability
   * 2023 Brokers Profiles: World's 10 Largest Insurance Brokers
   * Cyber insurers track privacy exposures
 * * Artificial intelligence poses risk to HR practices
   * AI technology builds momentum in claims sector
   * More buyers seek parametric wildfire cover
   * View from the top: Ramona Tanabe, Workers Compensation Research Institute
   * Broker M&A deals steady after slowdown
   Load More
 * 

 * When sex crimes take place in the workplace
 * Experts say employers lag in sexual harassment prevention training
 * Failure to respond to assaults opens employers to liability
 * 2023 Brokers Profiles: World's 10 Largest Insurance Brokers
 * Cyber insurers track privacy exposures
 * Artificial intelligence poses risk to HR practices
 * AI technology builds momentum in claims sector
 * More buyers seek parametric wildfire cover
 * View from the top: Ramona Tanabe, Workers Compensation Research Institute
 * Broker M&A deals steady after slowdown


LATEST NEWS AND INFORMATION ON BUSINESS INSURANCE, RISK MANAGEMENT, WORKERS COMP

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STUDENT MAY PURSUE LAWSUIT FOR COVID ONLINE SWITCH

For the second time this month, a federal appeals court reversed a lower court
and held that a student can pursue his breach of contract lawsuit against a
university in connection with its switch to online courses during the COVID-19
pandemic.


BERKLEY PROFIT SOARS 98.7% IN SECOND QUARTER

W.R. Berkley Corp. almost doubled its net income for the second quarter, to
$356.3 million.


APPEALS COURT REINSTATES JURY’S AWARD TO COAL COMPANY

A federal court of appeals Thursday reinstated a $7.6 million jury award to a
coal company in litigation filed against Chubb Ltd. units and approved a new
damages trial in connection with a coal hopper collapse.


CLASS-ACTION SECURITIES FILINGS UP SHARPLY IN FIRST HALF

The number of new securities class actions filed in the first half of this year
increased by 23% from the second half of 2022, according to a report released
Thursday.


PHOTO GALLERY: 2023 BREAK OUT AWARDS | NEW YORK | JUNE 26, 2023

The third of three Business Insurance Break Out Awards events took place in New
York on Monday, June 26, 2023. Honorees attended the event with colleagues and
family.


THE BI TOP 10: WEEK OF JULY 17, 2023

Liberty Mutual’s plan to reorganize its personal lines and small commercial
insurance business is garnering plenty of reader interest. Also of note: The
winners of the 2023 U.S. Insurance Awards were announced this week.

 * Most Recent
 * Most Popular
 * COVID-19 Update


 * STUDENT MAY PURSUE LAWSUIT FOR COVID ONLINE SWITCH
   
   For the second time this month, a federal appeals court reversed a lower
   court and held that a student can pursue his breach of contract lawsuit
   against a university in connection with its switch to online courses during
   the COVID-19 pandemic.
   
   2 days ago


 * CHALLENGING RISKS TEST RELATIONSHIPS OF CEDENTS AND REINSURERS
   
   Marketwide challenges have led to difficult conversations, but cedents and
   reinsurers can move forward together through collaboration and partnership.
   
   7 days ago


 * INTEGRATED RISK MANAGEMENT IS KEY TO BOOSTING PRODUCTIVITY
   
   A multitude of tech systems requires a unifying strategy to produce the best
   results for an organization’s risk management processes. Learn why with
   insights from Origami Risk.
   
   13 days ago


 * APPEALS COURT REINSTATES JURY’S AWARD TO COAL COMPANY
   
   A federal court of appeals Thursday reinstated a $7.6 million jury award to a
   coal company in litigation filed against Chubb Ltd. units and approved a new
   damages trial in connection with a coal hopper collapse.
   
   2 days ago


 * BLACK SEA SHIPPING TRAFFIC SLOWING AFTER RUSSIA, UKRAINE WARNINGS
   
   The number of ships looking to pick up grain cargoes from the Black Sea area
   has fallen 35% this week versus the previous week with growing uncertainty
   over whether commercial traffic could be hit as Russia continues to pound
   food facilities in Ukraine.
   
   2 days ago


 * WISCONSIN RENDERING PLANT CITED AFTER WORKER SUFFERS SEVERE BURNS
   
   The U.S. Occupational Safety and Health Administration cited a Wisconsin
   rendering plant after a worker was severely burned by steam and hot oil.
   
   2 days ago


 * CLASS-ACTION SECURITIES FILINGS UP SHARPLY IN FIRST HALF
   
   The number of new securities class actions filed in the first half of this
   year increased by 23% from the second half of 2022, according to a report
   released Thursday.
   
   2 days ago


 * REGULATOR DISSES OVERLY SENSITIVE INSURERS
   
   A lot of descriptors have been used to describe the insurance industry over
   the years. It’s been called conservative, gray and, of course, boring, but
   according to one Florida official the industry’s problem isn’t that it’s too
   traditional, it’s just that it’s too “woke.”
   
   2 days ago


 * OSHA ORDERS MARINE CARGO SERVICES COMPANY TO REINSTATE FIRED SEAMAN
   
   The U.S. Occupational Safety and Health Administration ordered a global
   marine cargo services company to rehire a seaman who claimed his firing was
   in retaliation for reporting workplace safety concerns.
   
   2 days ago


 * THE BI TOP 10: WEEK OF JULY 17, 2023
   
   Liberty Mutual’s plan to reorganize its personal lines and small commercial
   insurance business is garnering plenty of reader interest. Also of note: The
   winners of the 2023 U.S. Insurance Awards were announced this week.
   
   2 days ago

Load More


FROM THE ARCHIVES


 * JANUARY 1970: MUTUAL AID PACT COVERS AIRLINES DURING STRIKES
   
   Back in the 70s, when unions were stronger, 16 airlines – most of which
   disappeared long ago – used a controversial mutual aid pact to insure against
   lost revenue during strikes.


 * DECEMBER 1989: FAN DEFEATS CUBS IN COURT
   
   A young boy who was hit by a foul ball at a 1983 Cubs game finally won his
   day in court six years later. In a decision that was later upheld on appeal,
   a jury awarded the fan compensatory damages.


 * NOVEMBER 1969: ISLAND DOMICILES COME UNDER FIRE
   
   Forty years ago, a U.S. regulator urged policyholders to think twice about
   dealing with insurers in the “unregulated” Bermuda and Bahamas markets.


 * OCTOBER 2005: MARKET CLIMATE LURING STARTUPS TO BERMUDA
   
   Big losses from a trio of hurricanes – Katrina, Rita and Wilma – led to
   another round of reinsurer formations in the fall of 2005.


 * SEPTEMBER 2012: BOMB THREATS TEST CAMPUS RISK MANAGEMENT
   
   A rash of bomb threats around U.S. college campuses in 2012 put the focus on
   security and risk management.

Meet the 2023 Business Insurance Break Out Award Winners Check out the winners
of the 2023 Innovation Awards Click here to access the latest issue of Business
Insurance.


PEOPLE: COMINGS & GOINGS


 * BEN JENNINGS
   
   Company: Embroker
   Category: Insurers


 * ROBIN LANG
   
   Company: RenaissanceRe
   Category: Reinsurance

Click here for more Comings & Goings


PEOPLE: UP CLOSE


 * BEN MUNRO
   
   Toronto-based chief underwriting officer, Banyan Risk Ltd.
   
   Read Full Profile


 * DAN KOVAC
   
   San Antonio-based U.S. chief risk officer, Hiscox USA
   
   Read Full Profile

Click here for more Up Close Profiles


PEOPLE: VIEW FROM THE TOP


 * VIEW FROM THE TOP: RAMONA TANABE, WORKERS COMPENSATION RESEARCH INSTITUTE

Click here for more Views from the Top


SPONSOR INSIGHTS


 * CHALLENGING RISKS TEST RELATIONSHIPS OF CEDENTS AND REINSURERS
   
   Marketwide challenges have led to difficult conversations, but cedents and
   reinsurers can move forward together through collaboration and partnership.


 * INTEGRATED RISK MANAGEMENT IS KEY TO BOOSTING PRODUCTIVITY
   
   A multitude of tech systems requires a unifying strategy to produce the best
   results for an organization’s risk management processes. Learn why with
   insights from Origami Risk.


READERS POLL



Your response has been saved successfully.

Please select one option.


OFF BEAT


 * REGULATOR DISSES OVERLY SENSITIVE INSURERS
   
   A lot of descriptors have been used to describe the insurance industry over
   the years. It’s been called conservative, gray and, of course, boring, but
   according to one Florida official the industry’s problem isn’t that it’s too
   traditional, it’s just that it’s too “woke.”


 * WRAPPING ONE’S HEAD AROUND POSSIBLE RETALIATION
   
   When workplace retaliation can look like part of your job and part of your
   job is handling dead body parts, it’s a toss-up whether finding three heads
   on one’s desk is actually one’s job, or retaliation after complaining about
   the deplorable conditions about how donated body parts are handled.


 * IN-N-OUT SAYS OUT WITH THE MASKS
   
   California’s fast-food institution In-N-Out Burger announced that it will
   soon ban employees from wearing pandemic-era masks in five states, according
   to an internal memo leaked Friday and accessed by the Los Angeles Times.


 * SHEIN MAKES IT EXACTLY THE SAME: LAWSUIT
   
   Fast fashion and housewares website Shein is facing accusations it copied the
   exact designs of three graphic designers for items sold on its website.


 * NEW RUBBER CLOGS RUB CROCS THE WRONG WAY
   
   The makers of Crocs have filed a new trade secret lawsuit against a former
   employee who allegedly left the company to start a rival footwear company
   that markets a strikingly similar and colorful rubber clog, The Fashion Law
   blog reported.


 * JUDGE GIVES THE EMOJI CONTRACTUAL MOJO
   
   One man’s thumbs-up emoji is another’s sign-on-the-dotted-line, according to
   a judge in Saskatchewan, Canada, who ruled that an emoji can amount to a
   contractual agreement.


 * IF YOU LIKE PIÑA COLADAS, GETTING CAUGHT ON A ZOOM
   
   Allianz Partners USA’s 15th Annual Vacation Confidence Index, released
   Wednesday, has revealed that about 30% of Americans will choose to work
   remotely from a vacation destination in 2023.


 * TOP 10 OFF BEATS FROM JUNE
   
   A surge in pickleball – and injuries from playing the sport – easily scored
   the most views among June's Top 10 Off Beats.


 * NFL PLAYERS GETTING BLITZED IN OFFSEASON
   
   The National Football League relaxed marijuana rules and players are now
   lighting up en masse, according to an exclusive interview in Vanity Fair.


 * INSURER HAS THE RIGHT STUFF, BABY
   
   CSAA Insurance Group, AAA’s insurance arm, this month released the music
   video for “Make it Right” by the newly formed “Boys No More,” which the
   insurer described as “an ultimate boy band combination comprising pop culture
   icons Joey Fatone from NSYNC, Nick Lachey from 98 Degrees, Joey McIntyre of
   New Kids On The Block and Wanya Morris of Boyz II Men.”




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 * PACKAGE: ALL 2022 BI RANKINGS AND DIRECTORIES (PDFS ONLY)


 * RISK MANAGEMENT AND INSURANCE SCHOOLS RANKINGS + DIRECTORY

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