Directors of Failed SVB Can Tap D&O Insurance
A judge said current and former officials can use $210 million in D&O coverage.
Fla. Courts Flooded by Suits Before Tort-Reform Signed
The number of Florida lawsuits filed across the state has shattered previous records.
- State Farm Stops Taking New Applications for Business, Personal Lines P/C in California
- Two Killed in Small Plane Crash at South Florida Airport, the Second This Year
- Fired Root CMO Accused of Stealing Millions Spends ‘Lavishly’; Judge Appoints Receiver
- Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine
- College Baseball Player Killed While Dismantling Unapproved Dugout
- USI Awarded Over $2M by Federal Jury in Case Against Former Employees
- New York City Enacts Law Banning Discrimination Based on Weight, Height
- Families of 4 Killed on Farm Settle Wrongful Death Suit
- College Baseball Player Killed While Dismantling Unapproved Dugout
- Report Alleges Workers’ Compensation Abuse in New York Correctional Unit
- Rhode Island AG Sues Manufacturers of Forever Chemicals
- Eastman Chemical Resins to Pay $2.4M for Environmental Violations in Pennsylvania
- Judge in Montana Case Says Fire Retardant Drops Polluting Streams But Allows Use to Continue
- California Unlikely to Run Short of Electricity This Summer Thanks to Storms, New Power Sources
- State Farm Stops Taking New Applications for Business, Personal Lines P/C in California
- Inszone Acquires Specialty Contractors Insurance Services California
- California Department of Insurance Bans Sender of Misleading Wildfire Mailers
- California Commissioner Issues Decision on Workers’ Comp Regulatory Filing
- Hurricane Season Tempered by El Nino, but Climate Change Could Make it Worse
- South Carolina Firefighter Dies in Apartment Blaze
- Lightning May Not Have Struck at All: Georgia Man Wanted for False Insurance Claims
- Police Departments Now Offering Steering-Wheel Locks for Vulnerable Kias, Hyundais
- Two Killed in Small Plane Crash at South Florida Airport, the Second This Year
- Kin, Slide Say They’ve Completed Reinsurance Programs Ahead of June 1 Renewal
- Inspectors in McClenney Moseley ‘Fraud’ Scheme Sue for Unpaid Bonuses and Overtime
- Louisiana Parishes Top List of Riskiest US Housing Markets
- New Orleans TV Station Airs MMA Partner’s Admissions During Staff Meeting
- Fatal Blaze at Texas Refinery to Result in Lawsuits Against Oil Refiner Marathon
- 2 Killed in Severe Storms North of Houston
- Texas Cotton Farmers Seek Improvements to Crop Insurance
- Police Departments Now Offering Steering-Wheel Locks for Vulnerable Kias, Hyundais
- Illinois Video Game Parlor Operator to Pay $92K Over Pay Discrimination Suit
- Davenport, Iowa Officials: No Fatalities After Partial Building Collapse
- Midwest States Consider Relaxing Child Labor Laws to Address Worker Shortages
- Illinois Catholic Clergy Abuse Report Could Prompt Lawsuits, Changes to State Law
- Indiana Food Distributor Agrees to $709K Settlement Over Sex Discrimination Lawsuit
National News
- Purdue Pharma Can Protect Sackler Owners in Opioid Bankruptcy, Court Rules
- Product Recalls Hit Four-Year High in First Quarter 2023: Sedgwick
- Jury Says Google Owes Sonos $32.5M in Smart-Speaker Patent Case
- Tipster On Ericsson Won SEC’s Largest Ever $279M Whistleblower Award
- People Moves: The Hartford Promotes Within Group Benefits, Small Commercial, Personal Sales
- State Farm Stops Taking New Applications for Business, Personal Lines P/C in California
- Risks on Stage: New World, New Life in Entertainment Business
East News
- New York City Enacts Law Banning Discrimination Based on Weight, Height
- Families of 4 Killed on Farm Settle Wrongful Death Suit
- College Baseball Player Killed While Dismantling Unapproved Dugout
- Report Alleges Workers’ Compensation Abuse in New York Correctional Unit
- Rhode Island AG Sues Manufacturers of Forever Chemicals
- Eastman Chemical Resins to Pay $2.4M for Environmental Violations in Pennsylvania
Midwest News
- Police Departments Now Offering Steering-Wheel Locks for Vulnerable Kias, Hyundais
- Illinois Video Game Parlor Operator to Pay $92K Over Pay Discrimination Suit
- Davenport, Iowa Officials: No Fatalities After Partial Building Collapse
- Midwest States Consider Relaxing Child Labor Laws to Address Worker Shortages
- Illinois Catholic Clergy Abuse Report Could Prompt Lawsuits, Changes to State Law
- Indiana Food Distributor Agrees to $709K Settlement Over Sex Discrimination Lawsuit
USI Awarded Over $2M in Case Against Former Employees
A federal judge awarded damages to be paid by three former aviation group execs.
Texas / South Central News
- Inspectors in McClenney Moseley ‘Fraud’ Scheme Sue for Unpaid Bonuses and Overtime
- Louisiana Parishes Top List of Riskiest US Housing Markets
- New Orleans TV Station Airs MMA Partner’s Admissions During Staff Meeting
- Fatal Blaze at Texas Refinery to Result in Lawsuits Against Oil Refiner Marathon
- 2 Killed in Severe Storms North of Houston
- Texas Cotton Farmers Seek Improvements to Crop Insurance
Southeast News
- Hurricane Season Tempered by El Nino, but Climate Change Could Make it Worse
- South Carolina Firefighter Dies in Apartment Blaze
- Lightning May Not Have Struck at All: Georgia Man Wanted for False Insurance Claims
- Police Departments Now Offering Steering-Wheel Locks for Vulnerable Kias, Hyundais
- Two Killed in Small Plane Crash at South Florida Airport, the Second This Year
- Kin, Slide Say They’ve Completed Reinsurance Programs Ahead of June 1 Renewal
U.S. P/C Industry Posts Record Q1 Underwriting Loss: S&P
The U.S. P/C industry posted a net underwriting loss of $7.34 billion.
West News
- Judge in Montana Case Says Fire Retardant Drops Polluting Streams But Allows Use to Continue
- California Unlikely to Run Short of Electricity This Summer Thanks to Storms, New Power Sources
- State Farm Stops Taking New Applications for Business, Personal Lines P/C in California
- Inszone Acquires Specialty Contractors Insurance Services California
- California Department of Insurance Bans Sender of Misleading Wildfire Mailers
- California Commissioner Issues Decision on Workers’ Comp Regulatory Filing
International & Reinsurance News
- Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine
- Taiwan Rushes to Prevent China From Cutting Internet, Phones
- Germany’s Talanx Buys Liberty Mutual’s Latin American Business for 1.38 Billion Euros
- Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions
- Verisk Buys London-Based Morning Data, an End-to-End-Processing Supplier
- People Moves: Hiscox Appoints Bloomer as Chair, Succeeding Childs; SCOR Names de Varenne as Group CFO and Deputy CEO
Insurance Journal Blogs and Columns
- How Disasters and Inflation Fueled Insurance Loss Ratios in 2022
- The Startling Cost of Technical Debt in Insurance
- 2 Firearm Situations. Maybe They’re Covered.
- How the Unfair Trade Practices Act Could Impact Your Insurance Business
- Cleaning Up Financial Reporting
- Surprising Truths About Mergers and Acquisitions in Insurance
Sponsored Newswire
More Sponsored NewswiresQuote of Note
"This is the first firming market I have seen since I joined the insurance industry, so it certainly looks a lot different than it did when I started."
More QuotesSteve Moughamian, Risk Placement Services (RPS), Lexington, Ky.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kinsale Capital Group, Inc. | KNSL | $307.21 | +1.69% |
| Root, Inc. | ROOT | $4.48 | +1.36% |
| Selective Insurance Group, Inc. | SIGI | $99.69 | +1.18% |
| Erie Indemnity Company | ERIE | $219.00 | +1.17% |
| Markel Group Inc. | MKL | $1328.65 | +1.12% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Reliance Global Group, Inc. | RELI | $4.28 | -8.55% |
| Kingsway Financial Services Inc. | KFS | $8.13 | -2.75% |
| Ryan Specialty Holdings, Inc. | RYAN | $40.22 | -2.47% |
| Hagerty, Inc. | HGTY | $8.77 | -2.34% |
| Hippo Holdings Inc. | HIPO | $16.09 | -2.13% |
