Policy Doesn’t Cover Prevention. Should Common Law?
Manufacturer wants insurer to go beyond policy language.
Supreme Court Rejects COVID Business Interruption Case
Refusal closes the door for such claims in federal courts.
- P/C Industry to Finish 2022 in the Red With Combined Ratio Over 100: S&P
- Over 20 New E&S Entrants Reshaping Marketplace: RPS
- Whole Foods Workers Lose Appeal Over ‘Black Lives Matter’ Masks
- Florida Driver Could Get $12M After Insurer Did Not Respond to Settlement Offer
- Hattersley Faults Patronis for Inaction on Florida Insurance Crisis
- Gunmakers Face New Legal Threat From Families of Mass Shooting Victims
- Rochester Diocese, Insurers Plan for January Hearing on $147M Sexual Abuse Settlement
- New York Moves to Bolster Concealed-Carry Gun Laws
- ReSource Pro Acquires Commercial Lines Technology Platform towerIQ
- People Moves: Sponic Succeeds Jacobsen at Donegal Personal Lines; Mullan Heads Human Resources for Risk Strategies; Edmonds Becomes Coaction’s Chief Actuary
- New York AG, City Sue ‘Ghost Gun’ Distributors for Fueling Gun Violence
- FEMA to Send Connecticut $1.3M for May Storm Recovery
- PCF Acquires MGA United Underwriters in Utah
- Northern California Wildfire Threatens 500 Buildings
- New Mexico Superintendent of Insurance, Insurer Group Urge Passage of Hermit’s Peak Fire Assistance Act
- Report: California Workers’ Comp Insurer Losses Were up in 2021
- Washington Man Wanted for Auto Insurance Fraud
- California Insurer’s Efforts to Keep Workers and Help During Pandemic Led to Viable New Business
- Court Orders New Trial for Insurance Exec Convicted of Bribing NC Commissioner
- Hattersley Faults Patronis for Inaction on Florida Insurance Crisis
- South Carolina Makes $2.2 Million Available for 2022 Wind Mitigation Grants
- People: Risk Strategies Names Ellison Benefits Leader
- Court Ruling Provides Ammo for Insurers in Florida AOB Cases
- Like Bonnaroo Fest in Tenn, Outdoor Venues Facing Challenges with Climate Change
- Texas-Based Injury Insurance Startup Spot Raises $33 Million
- FBI Opens Widening Investigation of Clergy Sex Abuse in New Orleans
- Oklahoma Reaches Opioid Settlement With 3 Drug Makers
- Texas Attorney General Opens Investigation Into Walmart’s Opioid Sales
- Texans ‘Turned A Blind Eye’ to QB Watson’s Actions, Lawsuit Alleges
- SURE Launches First Commercial Product for Texas Business Owners
- Hill Group Acquires Indiana’s Howe-LaGrange and Reick Agencies
- Upgrades Urged at Missouri Amtrak Crash Site, But No Action
- Family Sues Bowling Green in Ohio in Hazing Death
- Minnesota Officials Report State’s First Case of Monkeypox
- Second Amtrak Crash in Two Days Kills Three in Missouri
- Iowa City Settles Fatal Police Shooting Suit for $5M
National News
- P/C Industry to Finish 2022 in the Red With Combined Ratio Over 100: S&P
- Over 20 New E&S Entrants Reshaping Marketplace: RPS
- Survey: Broad Support for Renewables, Gap in Climate Change Awareness
- Gunmakers Face New Legal Threat From Families of Mass Shooting Victims
- Whole Foods Workers Lose Appeal Over ‘Black Lives Matter’ Masks
- More Insurers to Offer Better D&O Coverage to Businesses With Robust ESG Frameworks: Marsh
- Getting the Measure of Inflation for the (Re)insurance Industry
- US Farmers Battle Floods, Heat in Bid to Replenish Food Supplies
East News
- Rochester Diocese, Insurers Plan for January Hearing on $147M Sexual Abuse Settlement
- New York Moves to Bolster Concealed-Carry Gun Laws
- ReSource Pro Acquires Commercial Lines Technology Platform towerIQ
- People Moves: Sponic Succeeds Jacobsen at Donegal Personal Lines; Mullan Heads Human Resources for Risk Strategies; Edmonds Becomes Coaction’s Chief Actuary
- New York AG, City Sue ‘Ghost Gun’ Distributors for Fueling Gun Violence
- FEMA to Send Connecticut $1.3M for May Storm Recovery
Midwest News
- Hill Group Acquires Indiana’s Howe-LaGrange and Reick Agencies
- Upgrades Urged at Missouri Amtrak Crash Site, But No Action
- Family Sues Bowling Green in Ohio in Hazing Death
- Minnesota Officials Report State’s First Case of Monkeypox
- Second Amtrak Crash in Two Days Kills Three in Missouri
- Iowa City Settles Fatal Police Shooting Suit for $5M
State-Owned Firm to Reinsure Russian Oil Shipments
Main reinsurer of Russian ships is now the government.
Texas / South Central News
- Texas-Based Injury Insurance Startup Spot Raises $33 Million
- FBI Opens Widening Investigation of Clergy Sex Abuse in New Orleans
- Oklahoma Reaches Opioid Settlement With 3 Drug Makers
- Texas Attorney General Opens Investigation Into Walmart’s Opioid Sales
- Texans ‘Turned A Blind Eye’ to QB Watson’s Actions, Lawsuit Alleges
- SURE Launches First Commercial Product for Texas Business Owners
Southeast News
- Court Orders New Trial for Insurance Exec Convicted of Bribing NC Commissioner
- Hattersley Faults Patronis for Inaction on Florida Insurance Crisis
- South Carolina Makes $2.2 Million Available for 2022 Wind Mitigation Grants
- People: Risk Strategies Names Ellison Benefits Leader
- Court Ruling Provides Ammo for Insurers in Florida AOB Cases
- Like Bonnaroo Fest in Tenn, Outdoor Venues Facing Challenges with Climate Change
Insurers, Self-Insureds Facing $9B in Black-Lung Liabilities
Milliman reports while coal industry shrinks, liabilities balloon.
West News
- PCF Acquires MGA United Underwriters in Utah
- Northern California Wildfire Threatens 500 Buildings
- New Mexico Superintendent of Insurance, Insurer Group Urge Passage of Hermit’s Peak Fire Assistance Act
- Report: California Workers’ Comp Insurer Losses Were up in 2021
- Washington Man Wanted for Auto Insurance Fraud
- California Insurer’s Efforts to Keep Workers and Help During Pandemic Led to Viable New Business
International & Reinsurance News
- EU Antitrust Enforcers Accept Offer From Irish Insurers’ Association
- EU Seeks Agreement on Ground-Breaking Regulations for Crypto Assets
- Turkish Insurers Seek Bond Issue to Protect Capital From Soaring Inflation
- China Digital Campaign Used Social Media to Target Mining Firms: Report
- Ariel Re Sponsors 6 Bermudian Students for Summer Internship Program
- Markets/Coverages: Aon Incorporates Climate Science Into European Flood Models
- People Moves: AXA XL Promotes Dores for Int’l Financial Lines; BMS Builds Out Casualty With Hires From Tysers; WTW Taps RenRe’s Modhvadia for Structured Risk
Insurance Journal Blogs and Columns
- What High Home Prices Mean for Your Clients’ Flood Insurance Needs
- Agency Ownership: 3 Elements to Consider
- Sparks Fly at National Flood Insurance Program Reauthorization Hearing
- Making the Business Case for Upgrading Your Ease of Use
- Top Insurance Brokers Smash Data Silos with AgentSync
- Fidelity Bonds: Good for Employers and an Insurance Agency’s Bottom Line
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Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Ryan Specialty Holdings, Inc. | RYAN | $38.59 | +1.18% |
| Kingsway Financial Services Inc. | KFS | $5.66 | +0.53% |
| Brown & Brown, Inc. | BRO | $58.00 | +0.50% |
| NI Holdings, Inc. | NODK | $16.38 | +0.43% |
| Donegal Group Inc. | DGIC.A | $16.82 | +0.24% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $17.83 | -7.28% |
| Universal Insurance Holdings, Inc. | UVE | $12.72 | -2.60% |
| Mercury General Corporation | MCY | $43.51 | -2.60% |
| Palomar Holdings, Inc. | PLMR | $61.94 | -2.49% |
| W. R. Berkley Corporation | WRB | $67.39 | -2.46% |
