US Commercial Rates Up 3% on Hikes in Casualty
Marsh’s Global Insurance Market Index said composite casualty rates increased 10%.
Allstate Sues Hyundai, Kia Over Claims From Defective Cars
The subrogation suit aims to get back costs paid for damages from car fires.
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- New York Insurance Broker Caught in $38 Million Nursing Home Tax Fraud Scheme
- Famous Gulf Coast Restaurant and Owner Fined $1.5M for Mislabeling Seafood
- T-Mobile’s Network Breached as Part of Chinese Hacking Operation
- Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law
- US Faces Growing Crisis Over High Traffic Deaths, NTSB Chair Says
- Judge Weighs ‘Real Housewives of New York’ Cast Member’s Abuse Allegations
- New York Insurance Broker Caught in $38 Million Nursing Home Tax Fraud Scheme
- Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery
- Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund
- Philadelphia Eagles Seek to Extend Covid-19 Business Insurance Bid Into Overtime
- Massachusetts Police Charge Man With Intentionally Setting Brush Fires
- New York City Issues First Drought Warning in 22 Years
- More Logging Proposed to Help Curb Wildfires in Pacific Northwest
- $1M Settlement for Woman After Police Dog in California Bit into Her Scalp
- California Labor Commissioner Fines Hotel $10M for Worker Recall Law Violations
- California Department of Insurance Moves Modeling Regulation Proposal Forward
- Atmospheric River to Slam the Pacific Northwest and California
- California Wildfire Destroys 243 Structures, Cancellation Moratorium Issued
- Hurricane Helene Isn’t the Only Big Storm North Carolina Is Recovering From
- New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans
- Famous Gulf Coast Restaurant and Owner Fined $1.5M for Mislabeling Seafood
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease
- Biden Requests $98.6 Billion in Emergency Disaster Aid Funds
- AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game
- Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement
- TWIA Board Reviews 2025 Budget After $455 Million Loss from Hurricane Beryl
- Texas Medical Center Settles Racial Hiring Discrimination Case
- Inszone Acquires LIA of Texas
- Bullet Strikes Body of Southwest Plane Without Injuries at Dallas Airport
- A-G Specialty Acquires Michigan’s First Agency TPA
- People Moves: Columbia Insurance Group Names Rieth VP of E&S
- Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich
- Missouri Officers Arrested for Allegedly Searching Womens’ Phones for Nude Photos
- People Moves: Great American Insurance Group Promotes Gambrell to Divisional President, Excess Liability
- Struggling Businesses at Corner Where George Floyd Was Murdered Sue Minneapolis
National News
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- T-Mobile Caught Hackers Early, Averting Data Leak
- How Will the Antitrust Showdown Launched Under Biden Change Under Trump?
- US Faces Growing Crisis Over High Traffic Deaths, NTSB Chair Says
- Library of Congress Says an Adversary Hacked Some Emails
- Flood Adaptation Preferable to Post-Disaster Rebuilding – And Helps With Insurability
- Changing the Focus of Claims, Data When Talking About Nuclear Verdicts
East News
- Judge Weighs ‘Real Housewives of New York’ Cast Member’s Abuse Allegations
- New York Insurance Broker Caught in $38 Million Nursing Home Tax Fraud Scheme
- Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery
- Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund
- Philadelphia Eagles Seek to Extend Covid-19 Business Insurance Bid Into Overtime
- Massachusetts Police Charge Man With Intentionally Setting Brush Fires
- New York City Issues First Drought Warning in 22 Years
Midwest News
- A-G Specialty Acquires Michigan’s First Agency TPA
- People Moves: Columbia Insurance Group Names Rieth VP of E&S
- Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich
- Missouri Officers Arrested for Allegedly Searching Womens’ Phones for Nude Photos
- People Moves: Great American Insurance Group Promotes Gambrell to Divisional President, Excess Liability
- Struggling Businesses at Corner Where George Floyd Was Murdered Sue Minneapolis
‘Board Certified’ Coming Soon to Florida Insurance Lawyers?
Florida plaintiffs lawyers could have a new stamp of credibility to advertise.
Texas / South Central News
- AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game
- Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement
- TWIA Board Reviews 2025 Budget After $455 Million Loss from Hurricane Beryl
- Texas Medical Center Settles Racial Hiring Discrimination Case
- Inszone Acquires LIA of Texas
- Bullet Strikes Body of Southwest Plane Without Injuries at Dallas Airport
Southeast News
- Hurricane Helene Isn’t the Only Big Storm North Carolina Is Recovering From
- New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans
- Famous Gulf Coast Restaurant and Owner Fined $1.5M for Mislabeling Seafood
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease
- Biden Requests $98.6 Billion in Emergency Disaster Aid Funds
SCOTUS Upholds Coverage Ruling on Treated Wood
The U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover claims.
West News
- More Logging Proposed to Help Curb Wildfires in Pacific Northwest
- $1M Settlement for Woman After Police Dog in California Bit into Her Scalp
- California Labor Commissioner Fines Hotel $10M for Worker Recall Law Violations
- California Department of Insurance Moves Modeling Regulation Proposal Forward
- Atmospheric River to Slam the Pacific Northwest and California
- California Wildfire Destroys 243 Structures, Cancellation Moratorium Issued
International & Reinsurance News
- Accused of Going Too Far, UK Finance Regulator Plots Where to Go Next
- Slot Machine Operator International Game Reports Hacker Incident
- Modern Cars Are Surveillance Devices on Wheels With Major Privacy Risks: Report
- Bank of Spain Estimates Floods Cost 0.2% of GDP in 4th Quarter
- Markets/Coverages: Rokstone Launches Global Parametric Product
- Flood Adaptation Preferable to Post-Disaster Rebuilding – And Helps With Insurability
Insurance Journal Blogs and Columns
- Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip
- Upgrade Your Contractor Clients’ FastBond to a Standard Bond Program
- The Power of BPO for Carriers, MGAs, and Wholesalers: A Comprehensive Solution with Selectsys BPO
- Renaissance vs. ASNOA Insurance – Which Agency Network is Right for You?
- Is Your Distribution Network Built to Scale?
- Transforming Insurance Operations Across All Lines of Business with Underwriter Link
Quote of Note
If you've reached an exponential part of the curve where suddenly, something's accelerating, it's almost certain that we are underpricing the risk that we're taking.
More QuotesBruce Carnegie-Brown, chairman of insurance market Lloyd’s of London.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $40.14 | +16.99% |
| Root, Inc. | ROOT | $101.07 | +5.84% |
| Trupanion, Inc. | TRUP | $52.96 | +4.44% |
| Kingstone Companies, Inc. | KINS | $13.29 | +3.46% |
| Hippo Holdings Inc. | HIPO | $29.10 | +1.96% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| ProAssurance Corporation | PRA | $16.24 | -2.58% |
| Markel Group Inc. | MKL | $1,670.33 | -2.11% |
| The Allstate Corporation | ALL | $196.60 | -1.69% |
| American International Group, Inc. | AIG | $75.30 | -1.32% |
| Marsh & McLennan Companies, Inc. | MMC | $220.73 | -1.31% |
