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News – Insurance Journal

Louisiana Governor Seeking $3B in Hurricane Aid From White House
Louisiana Gov. John Bel Edwards is asking President Joe Biden for $3 billion to help Louisiana with its ongoing recovery from the 2020 hurricanes, saying that he’s filed a request with the new White House similar to the unfulfilled ask …

POSTED JANUARY 28, 2021 1:38 AM
Highway Safety Advocates Urge Nebraska to Tighten Slack Seat Belt Law
Highway safety advocates are urging Nebraska lawmakers to tighten state seat belt requirements that are among the loosest in the nation. Nebraska is one of nine states that only require seat belts for front-seat passengers, according to the National Conference …

POSTED JANUARY 28, 2021 1:33 AM
Arkansas Judge Dismisses Bars’ Virus Curfew Challenge
An Arkansas judge has dismissed a lawsuit challenging the early closing time for bars and some restaurants that was temporarily imposed because of the coronavirus pandemic. The lawsuit argued Gov. Asa Hutchinson and state officials did not have authority to …

POSTED JANUARY 28, 2021 1:27 AM
Airlines Seek WHO Approval of Quarantine-Free Travel After Vaccines
The airline industry has called on the World Health Organization to rule it’s safe for people to fly without quarantining once they’ve had a coronavirus vaccine. Acknowledgement of that principle from the United Nations agency is vital to the development …

POSTED JANUARY 28, 2021 12:20 AM
California’s State Fund Launches COVID Regulations Resource Center
California’s State Compensation Insurance Fund has created a free resource center for employers, whether they are policyholders or not, to prepare their businesses for the next phases of COVID-19 reopening and help to avoid penalties from Cal/OSHA. State Fund’s resource …

POSTED JANUARY 27, 2021 9:47 PM
Washington Fruit Grower Fined $150K for Virus Violations
A Yakima, Wash., fruit grower and processor has been fined more than $150,000 by the Washington Department of Labor & Industries for violating COVID-19 workplace requirements designed to help keep workers safe on the job. This week, L&I notified Evans …

POSTED JANUARY 27, 2021 9:40 PM
South Carolina County Suffers Cyberattack Against Computer Network
A coastal South Carolina county says hackers broke into its computer network over the weekend. A statement from Georgetown County’s local government Monday said the county’s computer network “suffered a major infrastructure breach over the weekend.” Most of the county’s …

POSTED JANUARY 27, 2021 5:59 PM
Florida Introduces Bill to Protect Businesses from COVID-19 Lawsuits
Florida businesses would be protected from coronavirus lawsuits if they made a good effort to follow state-issued guidelines to prevent the spread of COVID-19 under a proposal approved Monday at its first Senate committee stop. While Republican Gov. Ron DeSantis …

POSTED JANUARY 27, 2021 5:58 PM
Purmort & Martin Insurance Agency Acquires Jeff DeJongh & Associates of Florida
Sarasota, Fla.-based Purmort & Martin Insurance Agency, a locally owned insurance agency, has acquired Jeff DeJongh and Associates to further expand its presence in the region. Located in Sarasota, Fla., Jeff DeJongh and Associates is a property and casualty insurance …

POSTED JANUARY 27, 2021 5:55 PM
Title Insurer First American to Exit P/C Insurance with Transfers to Safeco, Heritage
Title insurer First American Financial Corp. reported recently that its property/casualty insurance subsidiaries have entered into book transfer agreements with Safeco Insurance and Heritage Insurance Holdings. The agreements are the result of the initiation of a process by the company, …

POSTED JANUARY 27, 2021 5:52 PM

US Top News and Analysis

Welcome to the super cycle: Apple just had the best quarter in the history of the smartphone
Analysts saw this year's iPhone 12 models as a good candidate for a super-cycle because they sported a new design and added 5G.

POSTED JANUARY 28, 2021 2:10 AM
GameStop and AMC are dropping in overnight trading after explosive rally
The pair have been popular targets in the "Wallstreetbets" Reddit chat room where a wave of at-home traders focus on heavily shorted stocks.

POSTED JANUARY 28, 2021 1:00 AM
Elon Musk explains how self-driving robotaxis will justify Tesla's massive valuation
On Tesla's fourth quarter earnings call, CEO Elon Musk told analysts that the company's valuation makes sense if you assume cars become robotaxis.

POSTED JANUARY 28, 2021 1:22 AM
Reddit group WallStreetBets is public again after briefly going private
The community gathered an army of rookie day traders who go after heavily shorted stocks, pushing share prices higher and squeezing out hedge funds.

POSTED JANUARY 28, 2021 1:13 AM
Stock futures flat after a steep sell-off on Wall Street, Apple and Tesla fall after earnings
The market is poised to extend a sharp sell-off amid concerns about heightened speculative trading.

POSTED JANUARY 28, 2021 1:17 AM
This is Asia's top-performing economy in the Covid pandemic — it's not China
Few economies grew in 2020 when lockdown measures around the world to contain the coronavirus brought much economic activity to a halt.

POSTED JANUARY 28, 2021 3:00 AM
Dr. Fauci says Covid vaccines can be easily adapted to new variants, drugmakers working on boosters
The newly developed mRNA technology used to make the Covid vaccines makes it easy to adapt to the new strains from South Africa and the U.K., Fauci said.

POSTED JANUARY 28, 2021 3:57 AM
Facebook will stop recommending political groups permanently
Facebook CEO Mark Zuckerberg on Wednesday announced that the company will no longer recommend civic and political groups to its users.

POSTED JANUARY 27, 2021 10:30 PM
China reports a growing shortage of factory workers
The government's fourth-quarter list of 100 jobs with the greatest labor shortage showed manufacturing-related positions accounted for 36, or more than a third.

POSTED JANUARY 28, 2021 3:13 AM
Tesla shows off updated design for Model S
The new Model S starts at $79,990. Its Plaid version starts at $119,990.

POSTED JANUARY 28, 2021 1:52 AM

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Finance

Naive investors are getting dangerously caught up in a speculative bubble, all-star investor Rich Bernstein warns
Institutional Investor Hall of Famer Richard Bernstein believes amateur investors will pay a big price for getting caught up in the short squeeze craziness.

POSTED JANUARY 28, 2021 1:48 AM
GameStop and AMC are dropping in overnight trading after explosive rally
The pair have been popular targets in the "Wallstreetbets" Reddit chat room where a wave of at-home traders focus on heavily shorted stocks.

POSTED JANUARY 28, 2021 1:00 AM
Reddit group WallStreetBets is public again after briefly going private
The community gathered an army of rookie day traders who go after heavily shorted stocks, pushing share prices higher and squeezing out hedge funds.

POSTED JANUARY 28, 2021 1:13 AM
Stock futures flat after a steep sell-off on Wall Street, Apple and Tesla fall after earnings
The market is poised to extend a sharp sell-off amid concerns about heightened speculative trading.

POSTED JANUARY 28, 2021 1:17 AM
Stocks making the biggest moves after hours: Facebook, Tesla, GameStop and more
See which stocks are posting big moves after the bell on Jan. 27.

POSTED JANUARY 27, 2021 9:41 PM
Trump cut taxes for the rich. Biden wants to raise them
President Joe Biden wants to raise trillions of tax dollars from the wealthy. It's a reversal from Donald Trump's signature tax law.

POSTED JANUARY 27, 2021 9:37 PM
GameStop mania explained: How the Reddit retail trading crowd ran over Wall Street pros
"Retail investors with the help of technology acting as a union in attacking is a new phenomenon," said an investor.

POSTED JANUARY 27, 2021 11:27 PM
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on Dec. 16.

POSTED JANUARY 27, 2021 7:45 PM
Federal Reserve leaves interest rates and asset purchases unchanged, sees growth slowing
The central bank kept its foot to the floor in terms of the help it is providing for an economy that central bank officials say has slowed down.

POSTED JANUARY 27, 2021 8:59 PM
Stocks making the biggest moves midday: GameStop, AMC Entertainment, Microsoft and more
These are the stocks posting the largest moves in midday trading.

POSTED JANUARY 27, 2021 9:05 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Keener Insurance Solutions LLC confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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