Recent Insurance Industry News
National News
Majority of Small Business Are Underinsured as Other Expenses Prioritized
New small business owners are more likely to have proper business insurance than those that have been operating longer. Even so, a majority of small businesses remain...
Q2 Global Commercial Insurance Rates Keep Dropping, Except for US Casualty
Deja Vu as Berkley Bashes Delegated Underwriters During Quarterly Call
Federal Judge Casts Doubt on 69,000 Cases Alleging J&J Talc Caused Cancer
FDA Says It’s Investigating Another Cyclospora Parasite Outbreak
Meta Employees’ Lawsuit Shows That if AI Fires You, Proving it Is the Hard Part
International & Reinsurance News
War Risk Insurance Costs Surge for Southern Red Sea Voyages After Houthi Attacks
The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen's Iran-aligned Houthis attacked at least one tanker...
Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan
Q2 Global Commercial Insurance Rates Keep Dropping, Except for US Casualty
Hacker Breaches South Korean Database of Nearly All Diplomats
Wildfires Force France to Evacuate Tourists From Campsites
Tech Update: Gallagher Enhances Digital Insurance Platform for Aviation Clients
East News
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal
Safety Insurance Group Inc,, a property/casualty insurer in Massachusetts and New England, has agreed to be acquired by Spain's Mapfre S.A. in an all-cash transaction valued at...
NYC Says Source of Legionnaires’ Disease Has Been Eliminated
Root Expands Its Telematics Car Insurance to New Jersey, Its 37th State
Man Tied to $100 Million NJ Deli Scam Gets 21 Months in Prison
Uber, Lyft Win Court Block on NYC Law Requiring Notice Before Firing Drivers
New York Law Enforcers Learn Best Practices for Battling Auto Insurance Fraud
Midwest News
Eight Sentenced in $1.2M Travel Insurance Fraud Scheme
Eight people have been sentenced to prison for their roles in a $1.2 million travel insurance fraud kickback scheme, the U.S. Attorney's Office, Southern District of Indiana...
Cyclosporiasis Cases in Michigan Climb to Over 7,000, State Health Officials Say
People Moves: Grange Names Conte Chief Distribution Officer; McCabe to Succeed Wilcox as EVP and COO, Personal Lines, at Encova
Families of Men Switched at Birth Sue North Dakota Hospital
Cyclosporiasis Cases in Michigan Climb Above 6,000, State Health Officials Say
People Moves: MacLean Named VP, Head of Surety at Frankenmuth
Texas / South Central News
People Moves: Brown & Riding Names Kane to National Casualty Practice
Brown & Riding to announced that Abe Kane has joined its National Casualty Practice.
With over 20 years of industry experience, Kane specializes in casualty solutions for...
Southeast News
Florida Appeals Court Strikes Jury’s $335,000 Award in Universal Plumbing Claim
One of Florida's largest property insurers won a major victory Wednesday from an appeals court, which found that a jury's $335,000 award in a claims dispute over plumbing...
Stored Pool Chemicals Led to Corroded Sprinklers Before Plant Fire, Report Finds
Mexican Man Killed After ICE Encounter in Florida Was on Vacation, Officials Say
Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show
WVU Health Leadership Failed to Address Painkiller Thefts as Opioids Spread
Google Expands in Miami After Its Billionaire Founders Buy Homes
West News
Coverwatch in California Raises $4.5M for Its AI-Native Service
Coverwatch has raised a $4.5 million pre-seed round to help accelerate product development and expand the team at the San Francisco-based firm. The round was led by CoFound and...
People Moves: UCA Promotes Eusebio to VP of Operations
Luxury Homes Are Raising Risks for California FAIR Plan
Hybrids Boom as EVs Fall Out of Favor Even in California
Report: Arizona Vehicle Thefts Continued to Decline in First Half of Year
People Moves: Mutual of Enumclaw Appoints Roddy as CFO; Vouch Expands Its Leadership Team