Recent Insurance Industry News
National News
Consumers Are the Front Line in Fighting Insurance Fraud
The U.S. loses approximately $308.6 billion in insurance fraud, leading to each policyholder paying $900 more through annual premium increases, according to the Coalition...
Allstate More Than Triples Q3 Net Income to $3.7 Billion
MMA Sues Former Specialty Marine Head Over Move to Howden US
Root Inc. Reports Strong Growth Despite Q3 Loss
Deaths and Illnesses Reported in Listeria Outbreak Tied to Recalled Pasta Meals
People Moves: Acrisure Appoints Radelet Chief Corporate Affairs Officer; Carbon Hires Bright to Lead US Underwriting
International & Reinsurance News
Irish Regulator Fines Coinbase Europe 21.5 Million Euros Over Monitoring Failures
Ireland's central bank fined an Irish subsidiary of cryptocurrency exchange Coinbase Global 21.5 million euros ($25 million) on Thursday for breaching anti-money laundering and...
Anchored in Maritime Roots, the Cayman Islands Set Sail for Reinsurance Opportunities
Zurich Insurance Sees No Material Loss From Hurricane Melissa, CFO Says
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion
JPMorgan Analyst Sues Over Pay Gap With Male Colleague in UK
Here’s How Much Hurricane Melissa Was Worsened by Climate Change
East News
Landlord Gets Another Chance to Hold Broker Liable for Failed Lead Paint Disclosure
A federal court of appeals has revived a case over an alleged failure of insurance broke Willis of New Jersey to notify the insurer for one of its New York clients of the...
Connecticut Collects $95M in Insurance Industry Fees, Fines and Taxes
Charlie Javice Accuses JPMorgan of ‘Hypocrisy’ on Legal Bills
Pennsylvania Reelects Supreme Court Justices, Extending a Democratic Majority
Tech University Students Think Tiny Drones Inspired by Bats Could Save Lives
Man Charged With Leading $1M Vehicle Title Washing Scheme Arrested in Mexico
Midwest News
AM Best Revises Outlook to Positive for Michigan Millers Mutual
AM Besthas revised the outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of "a" (Excellent) of Michigan...
Texas / South Central News
Texas Asks Court to Halt Kenvue Tylenol Marketing, Dividend
Texas officials have asked a state court judge to temporarily block Kenvue Inc. from marketing Tylenol as safe for pregnant women, and from issuing a dividend, escalating the...
Southeast News
Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth
Fresh off its subsidiary's purchase of a builder-linked homeowners' insurance program, the Tampa-based Baldwin Group took another hit to its bottom line in the third quarter...
Americans Are Moving Out of Flood-Prone Neighborhoods
Engine Detached From UPS Plane Before Fatal Kentucky Crash
Viewpoint: The Biggest Blind Spot in Home Insurance: What’s Inside the House
Mission Launches New D&O and Other Liability Products for Small Businesses
Ga. Court: Ambulance Chasing Not a RICO Claim But Fake Immigrant Papers Might Be
West News
Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments
An Auburn, Washington woman was convicted for fraud after receiving a lifetime pension following her reported injury while working at a supply company. Lemapu Dorothy Seinafo,...
People Moves: Mutual of Enumclaw Hires New Executives; King & Neel Appoints Itami and King to Leadership
Wildfire Victims Ask Gov. Newsom to Call for Insurance Commissioner’s Resignation
Novo Car Insurance Based on Driving Behavior Launches in Arizona
Collision Engineering Program Coming to LA to Address Auto Repair Gap
Judge Rejects Deal for Funeral Home Owner Accused of Stashing 190 Bodies