After Billions in Insured Losses, 2024 Hurricane Season Ends
Total estimated losses from five landfall hurricanes could reach near $70 billion.
Allstate Sues Hyundai, Kia Over Claims From Defective Cars
The subrogation suit aims to get back costs paid for damages from car fires.
- T-Mobile Engineers Spotted Hackers Running Commands on Routers
- Failure to Produce Proof of Purchase Dooms Insurer’s Product Liability Case
- FEMA Drops Hammer on Fort Myers Beach After Improper Rebuilding in Flood Area
- Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years
- Bullets in UnitedHealthcare CEO Death Inscribed With ‘Depose,’ ‘Delay’
- Ransomware Gangs’ Merciless Attacks Bleed Small Companies Dry
- Failure to Produce Proof of Purchase Dooms Insurer’s Product Liability Case
- Baltimore First Responders Rush to Contain Fire in City’s Wood Refuse Area
- Massachusetts Cites Burger King, Settles With Popeyes Over Labor Law Charges
- Healthcare Staffing Agencies Denied Overtime Wages, Misclassified Employees
- How Vermont Community Helped One Family Recover After Floods Took Everything
- Former State Employee Pleads Guilty to Insurance Fraud and Felony Theft
- Fraud Ringleader in Washington Sentenced, Ordered to Pay $7.1M in Restitution
- Raw Milk Recall in California Expands After Tests Detect More Bird Flu Virus
- Strong Northern California Quake Triggered Brief Tsunami Warning
- Claim Frequency in California Workers’ Comp Higher in L.A. Area, Study Shows
- Arizona DOI Forms Council to Address Availability and Affordability in Wildland
- Californians Pay Billions for Power Companies’ Wildfire Prevention Efforts. Are They Cost-Effective?
- Don’t Touch Fla. Reforms, Panelists Implore, but Maybe Tax Breaks for Elevated Homes
- After 23 Years as CEO, Craft Moves to Producer Role at Palomar as Williford Takes Helm
- Georgia Parents and Teen Indicted in Fatal Drunk Driving Crash
- Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years
- Alabama Singer/Public Adjuster Ordered to Wear Ankle Monitor, Stay Home
- Summit Expands Workers’ Comp Coverage to Illinois
- Texas Tire Distributor Faces $288K Fine After Forklift Operator’s Death
- Texas Senate to Pursue Ban on THC Products in 2025
- GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business
- Texas DWC Seeks Public Comment on Telemedicine Rule Proposal
- Texas Power Grid Operator Says State Is Better Prepared for Extreme Cold
- Texas-Based Upland Expands Into Product Recall
- Missouri to See Reduction in Workers’ Comp Rates in 2025
- Summit Expands Workers’ Comp Coverage to Illinois
- AM Best Revises Outlook to Positive for CNA
- Illinois Roofing Contractor Cited Eighth Time for Safety Violations
- People Moves: Benekiva Makes Key Leadership Appointments
- Minnesota Company Fined $730K After Worker Drowns Removing Lake Weed
National News
- Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re
- Ransomware Gangs’ Merciless Attacks Bleed Small Companies Dry
- ‘Large Number’ of Americans’ Metadata Stolen by Chinese Hackers, Says Official
- Viewpoint: What’s on Tap for Insurance Digital Marketing in 2025?
- Goldman Sachs Quits Global Climate Coalition for Banks
- Boeing Plea Deal Over Fatal 737 Crashes Rejected by Judge
- Trump Names David Sacks as White House AI and Crypto Czar
East News
- Failure to Produce Proof of Purchase Dooms Insurer’s Product Liability Case
- Baltimore First Responders Rush to Contain Fire in City’s Wood Refuse Area
- Massachusetts Cites Burger King, Settles With Popeyes Over Labor Law Charges
- Healthcare Staffing Agencies Denied Overtime Wages, Misclassified Employees
- How Vermont Community Helped One Family Recover After Floods Took Everything
- Former State Employee Pleads Guilty to Insurance Fraud and Felony Theft
Midwest News
- Missouri to See Reduction in Workers’ Comp Rates in 2025
- Summit Expands Workers’ Comp Coverage to Illinois
- AM Best Revises Outlook to Positive for CNA
- Illinois Roofing Contractor Cited Eighth Time for Safety Violations
- People Moves: Benekiva Makes Key Leadership Appointments
- Minnesota Company Fined $730K After Worker Drowns Removing Lake Weed
Outlook for US Commercial Insurance Segment ‘Stable’
Commercial insurers overall reported favorable underwriting results through Q3 2024, AM Best said.
Texas / South Central News
- Texas Tire Distributor Faces $288K Fine After Forklift Operator’s Death
- Texas Senate to Pursue Ban on THC Products in 2025
- GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business
- Texas DWC Seeks Public Comment on Telemedicine Rule Proposal
- Texas Power Grid Operator Says State Is Better Prepared for Extreme Cold
- Texas-Based Upland Expands Into Product Recall
Southeast News
- Don’t Touch Fla. Reforms, Panelists Implore, but Maybe Tax Breaks for Elevated Homes
- After 23 Years as CEO, Craft Moves to Producer Role at Palomar as Williford Takes Helm
- Georgia Parents and Teen Indicted in Fatal Drunk Driving Crash
- Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years
- Alabama Singer/Public Adjuster Ordered to Wear Ankle Monitor, Stay Home
- Summit Expands Workers’ Comp Coverage to Illinois
Global Insurance Rates ‘Plateauing;’ Nat Cat Losses Delay Softening
Global non-life premiums are expected to hit a growth level of 4.3% in 2024.
West News
- Fraud Ringleader in Washington Sentenced, Ordered to Pay $7.1M in Restitution
- Raw Milk Recall in California Expands After Tests Detect More Bird Flu Virus
- Strong Northern California Quake Triggered Brief Tsunami Warning
- Claim Frequency in California Workers’ Comp Higher in L.A. Area, Study Shows
- Arizona DOI Forms Council to Address Availability and Affordability in Wildland
- Californians Pay Billions for Power Companies’ Wildfire Prevention Efforts. Are They Cost-Effective?
International & Reinsurance News
- Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line
- Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re
- Aviva CEO Amanda Blanc Conquers Detractors and Direct Line
- Ransomware Gangs’ Merciless Attacks Bleed Small Companies Dry
- China Aims to Boost Foreign Investment in Property Insurance Market
- UK Issues Red Warning as Storm Darragh Brings Hurricane-Strength Winds
- Antares Announces Leadership Team for New Commercial Division
Insurance Journal Blogs and Columns
- 3 Reasons for Property Insurance Professionals to Attend INTRConnect 2025
- Exploring the Best Aggregators in Insurance and Agency Partnerships
- Regulatory Roundup: California’s Flood Mitigation Initiative, Workers’ Comp Insurance Fraud, Over $300,000 in Compliance Fines
- Profits Versus Christmas Cheer—A Good-Business Lesson
- Selectsys Max: The Future of Web-Based Insurance Management for MGAs and Wholesalers
- Expenses Needed To Start an Insurance Agency
Sponsored Newswire
More Sponsored NewswiresQuote of Note
"The legal battle over who will ultimately share in paying for losses associated with the pandemic is far from over."
More QuotesA.M. Best in Commercial Lines Outlook 2021
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kinsale Capital Group, Inc. | KNSL | $524.22 | +5.10% |
| Trupanion, Inc. | TRUP | $53.46 | +3.62% |
| Lemonade, Inc. | LMND | $47.03 | +2.22% |
| Root, Inc. | ROOT | $97.68 | +2.06% |
| Palomar Holdings, Inc. | PLMR | $110.45 | +1.87% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| AMERISAFE, Inc. | AMSF | $55.04 | -6.46% |
| Heritage Insurance Holdings, Inc. | HRTG | $12.10 | -3.74% |
| Universal Insurance Holdings, Inc. | UVE | $21.87 | -3.44% |
| Erie Indemnity Company | ERIE | $411.87 | -2.95% |
| Kingstone Companies, Inc. | KINS | $16.44 | -2.84% |
