Businesses Unprepared for Cyberattacks
Cyber risks remain a top concern for business leaders, according to the annual Travelers Risk Index.
AM Best Tweaks State Farm Outlook to Negative
The rating agency downgraded its outlook for multiple State Farm companies due to weather losses and regulations.
- Progressive Drops Some Agents, Non-Renews 100,000 HO and DP Policies in Florida
- Commercial Auto Up Against Persistent Headwinds to Underwriting Profit
- Independent Agents Are Shopping Premiums Despite Record High Carrier Satisfaction
- Court Tosses $223.8M Verdict Against J&J in Talc Cancer Case
- Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses
- Selective Insurance CFO Wilcox Resigns; Harnett Named Interim
- Army Officer Pepper-Sprayed During Traffic Stop Seeks New Trial Against Police
- Subcontractors Working Too Close to High Voltage Power Lines Draws OSHA Action
- Injured Worker Compensated in Rhode Island Barred From Suing in Massachusetts
- Pennsylvania Borough Settles Lawsuits Over Shooting at High School for $11M
- Eli Lilly Settles New Jersey Whistleblower Allegations Over Manufacturing Practices
- Nooses Found at Construction Site Lead to Lawsuit Against Amazon, Contractors
- Washington Insurance Commissioner Issued $262K in Fines for Violations
- Lawsuits Blame Utility for Washington Fire That Killed Man and Burned Hundreds of Homes
- $650K to Settle Whistleblower Suit in New Mexico
- People Moves: Su Joins Golden Bear as General Counsel
- California Judge Rules Tesla Owners Must Arbitrate False Ad Claims Over Autopilot Feature
- Court Orders Subway Franchise Owners in California to Pay Workers Nearly $1M
- Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses
- Progressive Drops Some Agents, Non-Renews 100,000 HO and DP Policies in Florida
- Georgia Group Launches Ad Campaign Pushing Kemp’s Tort Reform
- Bill Gates-Backed Florida Startup Aims to Turn Oil-Drilling Gas into Useful Methanol
- Video Shows Officers Surrounding Bloodied Man During Florida Traffic Stop
- Alliant Names Griggs SVP of Americas Division, Based in Tennessee
- Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses
- Musk Facing Defamation Suit in Texas Over Posts That Falsely Identified Man in Protest
- Lingering Drought and Wildfires Plague Texas, Threatening Water Supplies and Agriculture
- Louisiana Citrus Farmers Seeing a Mass Influx of Salt Water
- Saltwater Intrusion Threatens Louisiana’s Citrus Industry, Farmers Seek Solutions
- Texas Investment Firm Settles Fraud Lawsuit for $2.51 Million Over Madoff Ponzi Scheme
- Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses
- 5 Died of Exposure to Chemical in Central Illinois Crash, Preliminary Autopsies Find
- Ohio Senate Passes Bill to Increase Compensation for Boy Scouts Abuse Victims
- Investigation Continues Into Deadly Illinois Crash of Truck Crash Carrying Toxic Chemical
- Chipotle Sued After Manager Allegedly Ripped off an Employee`s Hijab at Kansas Location
- Truck Crash in Illinois Kills Five and Forces an Evacuation
National News
- Commercial Auto Up Against Persistent Headwinds to Underwriting Profit
- Selective Insurance CFO Wilcox Resigns; Harnett Named Interim
- AstraZeneca to Pay $425 Million to End US Lawsuits Over Heartburn Drugs
- People Moves: Talkowski to Lead Nationwide Middle Market Commercial Lines Team; Showalter New Head of Client Experience at Hub Private Client
- NHTSA Expands Probe Into Ford Engine Failures to Include Nearly 709,000 Vehicles
- Court Tosses $223.8M Verdict Against J&J in Talc Cancer Case
- Independent Agents Are Shopping Premiums Despite Record High Carrier Satisfaction
- Consumer Product Injuries Continue to Rise After Low in 2020
East News
- Army Officer Pepper-Sprayed During Traffic Stop Seeks New Trial Against Police
- Subcontractors Working Too Close to High Voltage Power Lines Draws OSHA Action
- Injured Worker Compensated in Rhode Island Barred From Suing in Massachusetts
- Pennsylvania Borough Settles Lawsuits Over Shooting at High School for $11M
- Eli Lilly Settles New Jersey Whistleblower Allegations Over Manufacturing Practices
- Nooses Found at Construction Site Lead to Lawsuit Against Amazon, Contractors
Midwest News
- Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses
- 5 Died of Exposure to Chemical in Central Illinois Crash, Preliminary Autopsies Find
- Ohio Senate Passes Bill to Increase Compensation for Boy Scouts Abuse Victims
- Investigation Continues Into Deadly Illinois Crash of Truck Crash Carrying Toxic Chemical
- Chipotle Sued After Manager Allegedly Ripped off an Employee`s Hijab at Kansas Location
- Truck Crash in Illinois Kills Five and Forces an Evacuation
The Hartford Won’t See Auto Profit Next Year: CEO
Even after putting through rate hikes this year, The Hartford’s auto book won’t turn a profit until 2025, said CEO Christopher Swift.
Texas / South Central News
- Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses
- Musk Facing Defamation Suit in Texas Over Posts That Falsely Identified Man in Protest
- Lingering Drought and Wildfires Plague Texas, Threatening Water Supplies and Agriculture
- Louisiana Citrus Farmers Seeing a Mass Influx of Salt Water
- Saltwater Intrusion Threatens Louisiana’s Citrus Industry, Farmers Seek Solutions
- Texas Investment Firm Settles Fraud Lawsuit for $2.51 Million Over Madoff Ponzi Scheme
Southeast News
- Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses
- Progressive Drops Some Agents, Non-Renews 100,000 HO and DP Policies in Florida
- Georgia Group Launches Ad Campaign Pushing Kemp’s Tort Reform
- Bill Gates-Backed Florida Startup Aims to Turn Oil-Drilling Gas into Useful Methanol
- Video Shows Officers Surrounding Bloodied Man During Florida Traffic Stop
- Alliant Names Griggs SVP of Americas Division, Based in Tennessee
Rising Claims Costs Limit US P/C Profit in 2023
The P/C industry hasn’t “reached the inflection point between premium growth rates and claims costs.”
West News
- Washington Insurance Commissioner Issued $262K in Fines for Violations
- Lawsuits Blame Utility for Washington Fire That Killed Man and Burned Hundreds of Homes
- $650K to Settle Whistleblower Suit in New Mexico
- People Moves: Su Joins Golden Bear as General Counsel
- California Judge Rules Tesla Owners Must Arbitrate False Ad Claims Over Autopilot Feature
- Court Orders Subway Franchise Owners in California to Pay Workers Nearly $1M
International & Reinsurance News
- 4 Billion Pieces of Paper Keep Global Trade Afloat but Fraud Fuels Push to Digitize
- Viewpoint: Reflecting on 30 Years of Transformation in the Re/Insurance Sector
- September Broke Global Heat Record by ‘Gobsmackingly Bananas’ Margin: Scientist
- Hong Kong’s Typhoon-Related Insurance Claims Set to Top Record $500M in 2023
- Philippines Coast Guard Identifies Marshall Islands Oil Tanker in Fatal Collision
- Central Bank Test Lab Develops Global Bitcoin Mapping System
- Rapid Shocks in Store for Insurers in New Bank of England Stress Tests
- People Moves: Lockton Europe Taps WTW’s Rowley as Head of N. American Property; Sompo Int’l Names Faugas From AGCS as France Country Manager, Insurance
Insurance Journal Blogs and Columns
- Dually Licensed Broker-Dealers Spell More Compliance Duties for Insurance Carriers
- On Tolstoy and Insurance Troubles in the Heartland
- Fine and Punishment: The Process of Insurance Regulatory Actions
- 7 Myths About Business and Innovation During a Recession, and Why They’re Simply Hooey
- With the Rise of AI in Insurance, the Human Element is More Important Than Ever
- Why Are So Many Life Insurance Producers Seeking Securities Licenses? And what does it mean for the organizations they work with?
Quote of Note
"Stay home. ... Just stay home. That will help you and help us. Do not try to drive through this high water."
More QuotesHouston Mayor Sylvester Turner
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Skyward Specialty Insurance Group, Inc. | SKWD | $28.10 | +2.74% |
| Selective Insurance Group, Inc. | SIGI | $104.69 | +1.64% |
| AMERISAFE, Inc. | AMSF | $50.23 | +1.43% |
| United Fire Group, Inc. | UFCS | $19.49 | +0.72% |
| Kinsale Capital Group, Inc. | KNSL | $411.53 | +0.53% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Trupanion, Inc. | TRUP | $26.18 | -6.00% |
| Tiptree Inc. | TIPT | $15.70 | -5.14% |
| Doma Holdings Inc. | DOMA | $4.77 | -4.60% |
| Root, Inc. | ROOT | $8.46 | -4.19% |
| Heritage Insurance Holdings, Inc. | HRTG | $6.22 | -4.01% |
