DOJ filed motions to dismiss separate appeals of rulings by two judges.
2024 was the 7th straight year of double-digit growth for U.S. excess and surplus lines.
- JD Power: Customers Look to Alternatives as Home Insurance Premiums Rise
- Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia
- Citizens No Longer Winning Most Arbitration Cases. They’re Settling for Next to Nil
- Tesla Settles Another Fatal Crash Lawsuit Ahead of Jury Trial
- Microsoft Seizes 340 Websites Linked to Growing Phishing Subscription Service
- Moms Turn in Sons Charged With $50,000 in Vandalism at Florida School
- New York Executives Blast State Over Regulatory ‘Black Hole’
- Storage Facility Employee Dies in Golf Cart Rollover
- New York Financial Firm Invests $37.4 Million in New Jersey MGA Leap
- New York Unveils Rules to Ban Addictive Social Media Feeds for Kids
- Will Boar’s Head Virginia Plant Tied to Deadly Listeria Outbreak Reopen?
- Trump Administration to Award Contract for Research on Vaccines and Autism to RPI
- People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Industry Verticals
- Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California
- Workers’ Comp Rate Increase Proposed in Washington
- Orion180 Launches Homeowners Product in California That Includes High-Risk Zones
- Tornadoes Destroyed Several Homes in Southeastern Utah
- California Lawmakers Pass Bill to Boost Oil Production
- Georgia Man Charged Again in Selling Fake Workers’ Comp Insurance Certificates
- Moms Turn in Sons Charged With $50,000 in Vandalism at Florida School
- Authorities Examining Why Concrete Mixer Turned On, Killing Alabama Worker
- Citizens No Longer Winning Most Arbitration Cases. They’re Settling for Next to Nil
- People Moves: CRC Group Names Paris CRO, USG Adds Smith as Broker
- Fire and Explosion at North Carolina Manufacturing Site Under Investigation
- Jefferson Parish’s Improved Flood Rating to Bring Cost Savings for Residents
- Texas Drops Suit Against Doctor Accused of Illegal Care for Transgender Youth
- Camp Mystic Parents Pushed for Camp Safety Laws But Their Pain Remains
- Arkansas Pain Management Clinic and Hospital Settle Retaliation Lawsuit
- School Bus Carrying Oklahoma Softball Team Crashes, Injuring 7
- Skyward Specialty Names Zitzmann President of Inland Marine, Transactional Property
- Illinois Man Admits to Starting Fire at a Gas Station
- Michigan Auto Parts Manufacturer Sued for Discrimination
- EPA Settles Alleged Lead-Based Paint Violations With St. Louis Companies
- World Acquires Indiana’s Dunway and Hoosier
- Six States to Receive Federal Disaster Aid From Summer Floods
- People Moves: World Insurance Associates Adds Posey as Lead of Market Relationships
National News
- Update: SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits
- People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer
- Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop
- Tesla Settles Another Fatal Crash Lawsuit Ahead of Jury Trial
- Microsoft Seizes 340 Websites Linked to Growing Phishing Subscription Service
- Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia
- SEC Poised to Review IPO Bar on Mandatory Shareholder Arbitration
- JD Power: Customers Look to Alternatives as Home Insurance Premiums Rise
East News
- New York Executives Blast State Over Regulatory ‘Black Hole’
- Storage Facility Employee Dies in Golf Cart Rollover
- New York Financial Firm Invests $37.4 Million in New Jersey MGA Leap
- New York Unveils Rules to Ban Addictive Social Media Feeds for Kids
- Will Boar’s Head Virginia Plant Tied to Deadly Listeria Outbreak Reopen?
- Trump Administration to Award Contract for Research on Vaccines and Autism to RPI
Midwest News
- Illinois Man Admits to Starting Fire at a Gas Station
- Michigan Auto Parts Manufacturer Sued for Discrimination
- EPA Settles Alleged Lead-Based Paint Violations With St. Louis Companies
- World Acquires Indiana’s Dunway and Hoosier
- Six States to Receive Federal Disaster Aid From Summer Floods
- People Moves: World Insurance Associates Adds Posey as Lead of Market Relationships
Pressure may be mounting on Florida’s Citizens Property Insurance to reduce its use of state-agency arbitration for claims disputes.
Texas / South Central News
- Jefferson Parish’s Improved Flood Rating to Bring Cost Savings for Residents
- Texas Drops Suit Against Doctor Accused of Illegal Care for Transgender Youth
- Camp Mystic Parents Pushed for Camp Safety Laws But Their Pain Remains
- Arkansas Pain Management Clinic and Hospital Settle Retaliation Lawsuit
- School Bus Carrying Oklahoma Softball Team Crashes, Injuring 7
- Skyward Specialty Names Zitzmann President of Inland Marine, Transactional Property
Southeast News
- Georgia Man Charged Again in Selling Fake Workers’ Comp Insurance Certificates
- Moms Turn in Sons Charged With $50,000 in Vandalism at Florida School
- Authorities Examining Why Concrete Mixer Turned On, Killing Alabama Worker
- Citizens No Longer Winning Most Arbitration Cases. They’re Settling for Next to Nil
- People Moves: CRC Group Names Paris CRO, USG Adds Smith as Broker
- Fire and Explosion at North Carolina Manufacturing Site Under Investigation
Berkshire Hathaway Insurance Group and Lloyd’s round out the top five, said S&P.
West News
- People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Industry Verticals
- Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California
- Workers’ Comp Rate Increase Proposed in Washington
- Orion180 Launches Homeowners Product in California That Includes High-Risk Zones
- Tornadoes Destroyed Several Homes in Southeastern Utah
- California Lawmakers Pass Bill to Boost Oil Production
International & Reinsurance News
- Climate Change Led to At Least 16,500 Heat Deaths in Europe This Summer
- Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia
- Jaguar Land Rover Cyberattack Fallout Spreads to Suppliers
- ChatGPT Was Used ‘to Help Scammers Do Their Thing’ at Asia Fraud Compound
- Most Corporate Climate Transition Plans Aren’t Credible, Study Finds
- Business Moves: Intermediary Specialist Risk Group Buys UK Broker Champion Insurance; Broker Clear Group Acquires UK Fire Safety Specialist Delco Safety
- People Moves: Arch Insurance Taps AXA XL’s Martins as Head of Executive Assurance for France; DUAL Europe Announces Key Cyber Appointments
Insurance Journal Blogs and Columns
- How a High-M&A Insurance Agency Reduces Complexity at Scale
- Why Your Tech Stack Matters More Than Ever During CAT Season
- Advice From a Surety Underwriter to the Owner of a Start-Up Construction Company
- California’s new take on wildfire loss models, and what this means for property insurers
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Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Hagerty, Inc. | HGTY | $13.02 | +4.92% |
| American Integrity Insurance Group, Inc. | AII | $21.11 | +2.98% |
| Universal Insurance Holdings, Inc. | UVE | $25.30 | +2.60% |
| TWFG, Inc. | TWFG | $25.07 | +2.37% |
| W. R. Berkley Corporation | WRB | $73.11 | +2.37% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Slide Insurance Holdings, Inc. | SLDE | $12.74 | -9.52% |
| Tiptree Inc. | TIPT | $22.83 | -5.66% |
| Root, Inc. | ROOT | $95.29 | -3.35% |
| Lemonade, Inc. | LMND | $55.81 | -2.60% |
| Global Indemnity Group, LLC | GBLI | $29.73 | -0.92% |