Liability Reinsurance Crisis Could Be Looming

TransRe CEO Ken Brandt said liability losses from past accident years could spell trouble.

Nuclear Verdicts’ Amount, Frequency Continue to Rise

From 2013 to 2022, the U.S. Chamber said the median nuclear verdict was $21 million.

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Surgeons Can’t Escape GEICO’s Latest Fraud Lawsuit

GEICO continues its campaign against alleged auto insurance fraud actors in North Carolina.

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Global Reinsurance Sector Outlook Revised to Positive

The sector saw robust profit margins in 2023, according to AM Best.

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Insurance Top Gainers/Losers

Company Symbol Close 1 Day Chg
First Acceptance CorporationFACO$3.86up+2.93%
Global Indemnity Group, LLCGBLI$31.95up+2.27%
Trupanion, Inc.TRUP$28.42up+1.43%
NI Holdings, Inc.NODK$15.30up+0.99%
ICC Holdings, Inc.ICCH$22.32up+0.81%
Company Symbol Close 1 Day Chg
Skyward Specialty Insurance Group, Inc.SKWD$35.09down-4.33%
Heritage Insurance Holdings, Inc.HRTG$7.82down-4.05%
Hippo Holdings Inc.HIPO$17.23down-3.90%
ProAssurance CorporationPRA$12.93down-3.72%
Goosehead Insurance, IncGSHD$58.34down-3.20%
* As of June 11, 2024; Source: S&P Global Market Intelligence

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