Ransomware Has Been ‘Game Changer’ for Cyber Insurance
Insureds without good cyber hygiene will be at mercy of the market.
Treasury Begins Inquiry Into Climate Risks in Insurance
Secretary Yellen says properly assessing climate-related financial risk is essential.
- $480M Gift From Insurance Leader Ryan, Wife Is Northwestern University’s Largest Ever
- Former New York Insurance Broker Sentenced to Prison for $1M Fraud Scheme
- Private Flood Insurance Market Small But May Grow With New NFIP Rating: AM Best
- Florida’s Citizens Warns of Exposure Risk as Policy Count Grows
- Biden Cybersecurity Officials Support Breach Incident Reporting Mandate
- JPMorgan to Pay $15.7M to Settle Spoofing Class Action
- Former New York Insurance Broker Sentenced to Prison for $1M Fraud Scheme
- After Northeast Flooding, Insurance Woes Swamp Residents
- New York’s Bolton Street Programs Rebrands, Implements New Technologies
- ‘Things Are Dire’: $16B Bay Flood Plan for Worst New Jersey Storms
- Two Men Hurt in Fall from Balcony at Maryland Home
- People Moves: Promotions at IAT Insurance Group, RT Specialty
- California Enacts Nation’s First Law Regulating Warehouse Labor Quotas
- Report: California Independent Medical Review Volume Declined Through 1st Half of 2021
- California Commissioner Orders FAIR Plan to Offer Increased Coverage
- Projections on Drought-Stricken Colorado River More Dire
- Suspected Arson Wildfire Forces Evacuations in Northern California
- Bill Would Change Maritime Liability Rules After California Boat Fire
- Feds Analyzing Fractured Gas Pipeline in Arizona Explosion
- Georgia Man Beaten by Police Officers During Traffic Stop Sues for Damages
- Southern Baptist Agrees to Fund Third-Party Investigation into Handling of Sexual Abuse Allegations
- Florida’s Citizens Warns of Exposure Risk as Policy Count Grows
- Relation Acquires South Carolina-Based Perry
- Mississippi Public Universities Cannot Require COVID-19 Vaccine
- Contractor Killed at Alabama Steel Mill
- Report: More than 456.5K Claims Filed in Texas After Winter Storm
- Louisiana’s Seafood Industry Struggling After Ida
- Dallas Trucking Company Sued for Disability Discrimination
- Lawsuit: Ida Power Outages in Louisiana Due to ‘Gum and Super Glue’ at Utility
- People Moves: Biggs Joins Oklahoma Workers’ Comp Commission; Alliant Adds Soto, Hargrave in Texas; ICT Hires Johnson
- Fort Worth Masonry Company Cited Again for Fall Hazards: Fined $216K
- Judge Clears Kansas City COVID Business Interruption Claim for Trial
- Judge Dismisses Some Suits Against Ohio State Over Sex Abuse by Doc
- South Dakota Court Rules Pierre Not Liable for Injuries Caused by Trainee
- People Moves: HDI Global USA Adds Sapia; AAU Hires Dettmann; Malkin Joins Alliant in Chicago
- 3 South Dakota Family Members Sentenced for Defrauding Farmers
- Ex-Official Sent to Prison for Stealing $2M From Illinois City
National News
- Biden Cybersecurity Officials Support Breach Incident Reporting Mandate
- Q&A: New Director Criswell Prepares FEMA for a Hot, Chaotic Future
- Biden Multi-Agency Plan Seeks to Address Extreme Heat Stress
- $480M Gift From Insurance Leader Ryan, Wife Is Northwestern University’s Largest Ever
- U.S. Road Travel Up 11.5% in July
- JPMorgan to Pay $15.7M to Settle Spoofing Class Action
East News
- Former New York Insurance Broker Sentenced to Prison for $1M Fraud Scheme
- After Northeast Flooding, Insurance Woes Swamp Residents
- New York’s Bolton Street Programs Rebrands, Implements New Technologies
- ‘Things Are Dire’: $16B Bay Flood Plan for Worst New Jersey Storms
- Two Men Hurt in Fall from Balcony at Maryland Home
- People Moves: Promotions at IAT Insurance Group, RT Specialty
Midwest News
- Judge Clears Kansas City COVID Business Interruption Claim for Trial
- Judge Dismisses Some Suits Against Ohio State Over Sex Abuse by Doc
- South Dakota Court Rules Pierre Not Liable for Injuries Caused by Trainee
- People Moves: HDI Global USA Adds Sapia; AAU Hires Dettmann; Malkin Joins Alliant in Chicago
- 3 South Dakota Family Members Sentenced for Defrauding Farmers
- Ex-Official Sent to Prison for Stealing $2M From Illinois City
Higher Rebuilding Prices Boost Hurricane Ida’s Costs
Commercial insurers expect physical damage, business interruption, supply chain claims.
Texas / South Central News
- Report: More than 456.5K Claims Filed in Texas After Winter Storm
- Louisiana’s Seafood Industry Struggling After Ida
- Dallas Trucking Company Sued for Disability Discrimination
- Lawsuit: Ida Power Outages in Louisiana Due to ‘Gum and Super Glue’ at Utility
- People Moves: Biggs Joins Oklahoma Workers’ Comp Commission; Alliant Adds Soto, Hargrave in Texas; ICT Hires Johnson
- Fort Worth Masonry Company Cited Again for Fall Hazards: Fined $216K
Southeast News
- Georgia Man Beaten by Police Officers During Traffic Stop Sues for Damages
- Southern Baptist Agrees to Fund Third-Party Investigation into Handling of Sexual Abuse Allegations
- Florida’s Citizens Warns of Exposure Risk as Policy Count Grows
- Relation Acquires South Carolina-Based Perry
- Mississippi Public Universities Cannot Require COVID-19 Vaccine
- Contractor Killed at Alabama Steel Mill
Ida's Impact Greater on Regional Insurers, State's Insurer
Moody’s says regional carriers and Louisiana’s insurer of last resort to be hit.
West News
- California Enacts Nation’s First Law Regulating Warehouse Labor Quotas
- Report: California Independent Medical Review Volume Declined Through 1st Half of 2021
- California Commissioner Orders FAIR Plan to Offer Increased Coverage
- Projections on Drought-Stricken Colorado River More Dire
- Suspected Arson Wildfire Forces Evacuations in Northern California
- Bill Would Change Maritime Liability Rules After California Boat Fire
- Feds Analyzing Fractured Gas Pipeline in Arizona Explosion
International & Reinsurance News
- Global Reinsurers Could Be Greatly Underestimating Exposure to Climate Risk: S&P
- 50 Companies Worldwide Are Highly Exposed to Physical Climate Risks, Say Investors
- Mediobanca Boosts Stake in Generali as Battle Over Leadership Heats Up
- Hong Kong Tycoon Richard Li’s Insurer FWD Makes U.S. IPO Filing Public
- Evergrande’s Problems Prompt China’s Banks, Insurers to Pull Back on New Credit
- Insured Price Tag for Canada’s Summer Storms and Wildfires Nears C$200M
- Flood Modeler JBA Collaborates With South African Broker, Reinsurance Solutions
- People Moves: Insurer Aviva Names Montague, Cummings to Exec Committee; Wood to Launch Captive Operation for Price Forbes Bermuda; Wagstaff Is CEO of LMG
Insurance Journal Blogs and Columns
- It’s Not Just about Rates. It’s about Valuable Service
- 4 Things You Didn’t Know about Surety
- Climate Risk is Shaping Insurance – Here’s How
- Serving small specialty: The role of a service center
Sponsored Newswire
- Apollo Adopts RMS ExposureIQ to Understand Risk Exposure Faster
- Business Owners Have a New Workers Compensation Resource
Quote of Note
"The widening global protection gap is a huge opportunity for insurers to fulfill their mandate as risk absorbers and improve societal resilience. In times of crisis, households need risk protection. Insurance is a key tool to help households reduce their financial vulnerability in disruptive environments."
More QuotesJerome Jean Haegeli, group chief economist, Swiss Re
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Unico American Corporation | UNAM | $3.69 | +4.83% |
| Global Indemnity Group, LLC | GBLI | $27.69 | +2.36% |
| Kinsale Capital Group, Inc. | KNSL | $169.17 | +1.96% |
| AMERISAFE, Inc. | AMSF | $56.18 | +1.92% |
| Kingstone Companies, Inc. | KINS | $6.82 | +1.79% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $5.75 | -6.50% |
| FG Financial Group, Inc. | FGF | $5.13 | -4.11% |
| Metromile, Inc. | MILE | $3.88 | -2.27% |
| Trupanion, Inc. | TRUP | $84.92 | -2.21% |
| Lemonade, Inc. | LMND | $69.72 | -2.15% |
