US Personal Lines Outlook Continues to Be 'Negative'
Personal lines insurers face too many daunting challenges, said AM Best.
Insurtechs Unite to Launch InsurTech Coalition
Several insurtechs published an open letter announcing the launch of a trade association.
- US P/C Industry Turns in $32.2B Underwriting Loss After 9 Months
- Regulatory Battles In Personal Lines Ahead; Allstate May Drop Customers
- Travelers Wins CGL v. E&O Battle in Insurance Agency Defamation Case
- Florida Authorities Charge 4 in Fraudulent Roof Claims, Issue Warrant for Contractor
- Florida Family Sues Panera Bread Over Caffeinated Lemonade After Man’s Death
- New England’s Foy Insurance Group Acquired by World Insurance
- Travelers Wins CGL v. E&O Battle in Insurance Agency Defamation Case
- Visiting Nurse’s Killing at Halfway House Renews Pleas for Home Health Care Safety
- Two Charged in 40 Crimes Including Thefts of 16 Luxury Cars Worth $1 Million
- Police Officer and Utility Worker Killed in Hit-and-Run Crash at Work Site
- Patriot Growth Adds Connecticut Benefits Firm
- People Moves: DeCotis Specialty Adds Lyle and Downie to Commercial Lines Team
- Brown & Brown Acquires Automotive Business Solutions in Colorado
- Berkshire Utility Reaches $299 Million Oregon Fire Accord
- Authorities in Alaska Suspend Search After Deadly Landslide
- New Mexico Sues Meta, CEO Zuckerberg Over Child Protection Failures
- Colorado-Based Frontier Settles Suit Filed by Pilots Who Claimed Bias Over Pregnancy, Breastfeeding
- California Labor Commissioner’s Office Reaches $5.5M Wage Theft Settlement
- Florida Governor’s Budget Would Slice Premium Taxes and FIGA Assessment
- Florida Weekly Wage and Max Workers’ Comp Benefit See Biggest Jump Since 1980
- Judge Gives Early Nod to GEICO’s $5M Settlement in Georgia Class Action
- Service Workers Union Asks Feds to Oversee South Carolina’s ‘Lax’ Safety Agency
- Former Jacksonville Jaguars Financial Manager Accused of Stealing $22M from Team
- North Carolina Hog Farms Were Properly Permitted, State Appeals Court Says
- TSLA Names Officers and Directors at Annual Meeting
- 5th Circuit Largely Sides With Louisiana Sheriff`s Deputies Accused in Lawsuit of Using Excessive Force
- New Orleans Marsh Fire Blamed For Fatal Highway Crashes is Out After Burning For Weeks
- People Moves: Standard Lines Services Names Lakey as Division Leader
- Texas Prosecutor Drops Most Cases Against Austin Police Officers Over Tactics Used During 2020 Protests
- 5th Circuit Court of Appeals Clarifies Standard of Evidence for Negligence Award Against River Boat Pilots in Mississippi River Collision Case
- Son of North Dakota Senator Crashes During Police Chase, Killing Sheriff`s Deputy
- Kansas Insurance Companies to See Reduced Surplus Lines Tax Rate in 2024
- WCRI: Wisconsin’s Medical Payments per Claim Remain Stable but Highest Among 17 States
- Higginbotham Acquires Ohio’s Botson’s Insurance Group
- Auto Safety Regulators To Watch Unrecalled Takata Inflators After One Blows Apart, Injuring a Driver in Chicago
- Independent Insurance Agents of Illinois to Rebrand as Big I Illinois in 2024
National News
- US P/C Industry Turns in $32.2B Underwriting Loss After 9 Months
- Regulatory Battles In Personal Lines Ahead; Allstate May Drop Customers
- US, UK Say Russia Targeted Officials in Political Cyber Campaign
- Microsoft’s OpenAI Investment Risks Scrutiny From US, UK Regulators
- Boy Scout Abuse Claims Fund Shouldn’t Pay $21M in Lawyers’ Fees, Judge Says
- People Moves: Newbold Named President of Verisk Extreme Event Solutions; Rudnick Division Manager of FM Global’s AFM
East News
- Travelers Wins CGL v. E&O Battle in Insurance Agency Defamation Case
- Visiting Nurse’s Killing at Halfway House Renews Pleas for Home Health Care Safety
- Two Charged in 40 Crimes Including Thefts of 16 Luxury Cars Worth $1 Million
- Police Officer and Utility Worker Killed in Hit-and-Run Crash at Work Site
- Patriot Growth Adds Connecticut Benefits Firm
- People Moves: DeCotis Specialty Adds Lyle and Downie to Commercial Lines Team
Midwest News
- Son of North Dakota Senator Crashes During Police Chase, Killing Sheriff`s Deputy
- Kansas Insurance Companies to See Reduced Surplus Lines Tax Rate in 2024
- WCRI: Wisconsin’s Medical Payments per Claim Remain Stable but Highest Among 17 States
- Higginbotham Acquires Ohio’s Botson’s Insurance Group
- Auto Safety Regulators To Watch Unrecalled Takata Inflators After One Blows Apart, Injuring a Driver in Chicago
- Independent Insurance Agents of Illinois to Rebrand as Big I Illinois in 2024
Senate Committee Wants to Investigate Florida Citizens’ Loss Reserves
The U.S. Senate’s Budget Committee has begun an investigation into Florida’s Citizens Property Insurance Corp.
Texas / South Central News
- TSLA Names Officers and Directors at Annual Meeting
- 5th Circuit Largely Sides With Louisiana Sheriff`s Deputies Accused in Lawsuit of Using Excessive Force
- New Orleans Marsh Fire Blamed For Fatal Highway Crashes is Out After Burning For Weeks
- People Moves: Standard Lines Services Names Lakey as Division Leader
- Texas Prosecutor Drops Most Cases Against Austin Police Officers Over Tactics Used During 2020 Protests
- 5th Circuit Court of Appeals Clarifies Standard of Evidence for Negligence Award Against River Boat Pilots in Mississippi River Collision Case
Southeast News
- Florida Governor’s Budget Would Slice Premium Taxes and FIGA Assessment
- Florida Weekly Wage and Max Workers’ Comp Benefit See Biggest Jump Since 1980
- Judge Gives Early Nod to GEICO’s $5M Settlement in Georgia Class Action
- Service Workers Union Asks Feds to Oversee South Carolina’s ‘Lax’ Safety Agency
- Former Jacksonville Jaguars Financial Manager Accused of Stealing $22M from Team
- North Carolina Hog Farms Were Properly Permitted, State Appeals Court Says
Reinsurance Market Outlook ‘Stable’ on Improved Rates, Higher Demand
AM Best said substantial rate improvements and other factors create a stable outlook for the global reinsurance sector.
West News
- Brown & Brown Acquires Automotive Business Solutions in Colorado
- Berkshire Utility Reaches $299 Million Oregon Fire Accord
- Authorities in Alaska Suspend Search After Deadly Landslide
- New Mexico Sues Meta, CEO Zuckerberg Over Child Protection Failures
- Colorado-Based Frontier Settles Suit Filed by Pilots Who Claimed Bias Over Pregnancy, Breastfeeding
- California Labor Commissioner’s Office Reaches $5.5M Wage Theft Settlement
International & Reinsurance News
- US, UK Say Russia Targeted Officials in Political Cyber Campaign
- Vale-BHP Talks With Brazil on Mine Disaster Compensation Delayed
- Britain’s Financial Conduct Authority Must Act Faster: National Auditor Report
- Shadow-Fleet Oil Tanker Runs Aground Near Singapore
- Climate Change, El Niño Bring T-Shirt Weather in December for Northern Hemisphere
- Specialist Risk Group Acquires Lloyd’s Broker CBC Partnership
- Markets/Coverages: Howden Launches European Cyber & Tech E&O Facility
Insurance Journal Blogs and Columns
- It’s Open Enrollment Time Again! Prepare Your Clients to Make Good Choices About Benefits
- The Tools Carriers Need to Recruit for Busy Season
- 4 Other Tech Tools AgentSync Customers Love and Why
- Cybersecurity: An Ounce of Prevention is Worth a Pound of Cure
- Cybersecurity and Insurance: SOC2 Type II Audit
- Unlocking the Future: Remote Work’s Impact on the Insurance Industry
Quote of Note
Ransomware has become a scourge on nearly every facet of our lives, and it's a prime example of the vulnerabilities that are emerging as our digital and our physical infrastructure increasingly converge.
More QuotesJen Easterly, director of the Cybersecurity and Infrastructure Security Agency.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| HCI Group, Inc. | HCI | $88.05 | +2.04% |
| Kingsway Financial Services Inc. | KFS | $7.92 | +1.93% |
| Trupanion, Inc. | TRUP | $28.59 | +1.89% |
| Safety Insurance Group, Inc. | SAFT | $78.86 | +1.60% |
| Erie Indemnity Company | ERIE | $306.02 | +1.53% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Global Indemnity Group, LLC | GBLI | $28.75 | -15.34% |
| Root, Inc. | ROOT | $10.25 | -10.87% |
| Palomar Holdings, Inc. | PLMR | $60.15 | -2.76% |
| Selective Insurance Group, Inc. | SIGI | $100.48 | -2.61% |
| Doma Holdings Inc. | DOMA | $5.48 | -1.97% |
