The recent outage at Amazon Web Services again raised questions about systemic loss.
The renewal rights of Everest’s retail commercial business total about $2 billion.
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Jamaica Catastrophe Bond Has Now Triggered, Government Says
- Black Vultures Spreading North, Attacking and Killing Cattle
- AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B
- Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates
- Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar
- Connecticut Approves Workers’ Compensation Cost Decrease for 2026
- Bank Sells Tompkins Agencies to A. J. Gallagher for $223 Million
- ‘I Thought I Had Died,’ Testifies Teacher Shot by 6-Year-Old Student
- MMA Buys Collector Auto and Motorsports Agency
- Judge Dismisses Texas Challenge to New York Abortion Shield Law
- Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt
- LP Expands into Oregon With Acquisition of Mountain West
- Nation’s Largest Fleet of Police Cybertrucks to Patrol Vegas
- San Francisco Mayor Proposes Denser Housing to Tackle Affordability Crisis
- NTSB Agrees With Requiring Inspections of 2,000 Learjets After Arizona Crash
- California Attorney General Charges Eight in Bay Area Auto-Theft Ring
- Washington Commissioner Issued $828K in Fines for Insurance Violations
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research
- Black Vultures Spreading North, Attacking and Killing Cattle
- WV OIC Accepting Input on American Modern’s 47% Auto Rate Increase Request
- North Carolina Public Adjuster Charged With Embezzling $130,000 Insurance Payment
- Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs
- Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research
- Lawsuit Seeks to Overturn Dallas Ordinances, Including LGBTQ+ Protections
- Wildfire Forces Rural Community in Southern Texas to Evacuate
- People Moves: Texas State Office of Risk Management Names Hays as Executive Director
- Texas Backs Permian Gas-Fired Power Plant With $1.1B Loan as AI Demand Soars
- EverPeak Launches Workers’ Comp in Arkansas
- ReSource Pro Acquires Indiana-Based Supportive Insurance Services
- Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later
- People Moves: Encova Insurance Names Webber and Rao as VPs
- North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit
- Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes
- Michigan Acquires Shipwreck Artifact in Unusual Settlement Agreement
National News
- Hackers and Crime Rings Are Teaming Up to Steal Cargo, Cyber Firm Says
- 6 in 10 Construction Workers Report Anxiety, Depression in Past Year
- A Toy Maker Takes His Case Against Trump’s Tariffs to the Supreme Court
- PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion
- Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar
- NAIC Announces Johnston Interim CEO as Anderson Departs
- People Moves: H.W. Kaufman Group Promotes 16 Across Executive and North American Teams; Howden US Names Dallal EVP, Financial Lines
- Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
East News
- Connecticut Approves Workers’ Compensation Cost Decrease for 2026
- Bank Sells Tompkins Agencies to A. J. Gallagher for $223 Million
- ‘I Thought I Had Died,’ Testifies Teacher Shot by 6-Year-Old Student
- MMA Buys Collector Auto and Motorsports Agency
- Judge Dismisses Texas Challenge to New York Abortion Shield Law
- Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt
Midwest News
- ReSource Pro Acquires Indiana-Based Supportive Insurance Services
- Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later
- People Moves: Encova Insurance Names Webber and Rao as VPs
- North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit
- Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes
- Michigan Acquires Shipwreck Artifact in Unusual Settlement Agreement
The Category 5 hurricane made landfall last week in southwestern Jamaica, the nation's first major hurricane since 1988.
Texas / South Central News
- Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research
- Lawsuit Seeks to Overturn Dallas Ordinances, Including LGBTQ+ Protections
- Wildfire Forces Rural Community in Southern Texas to Evacuate
- People Moves: Texas State Office of Risk Management Names Hays as Executive Director
- Texas Backs Permian Gas-Fired Power Plant With $1.1B Loan as AI Demand Soars
- EverPeak Launches Workers’ Comp in Arkansas
Southeast News
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research
- Black Vultures Spreading North, Attacking and Killing Cattle
- WV OIC Accepting Input on American Modern’s 47% Auto Rate Increase Request
- North Carolina Public Adjuster Charged With Embezzling $130,000 Insurance Payment
- Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs
A rise in privacy litigation has motivated some insurers to take another look at the risk.
West News
- LP Expands into Oregon With Acquisition of Mountain West
- Nation’s Largest Fleet of Police Cybertrucks to Patrol Vegas
- San Francisco Mayor Proposes Denser Housing to Tackle Affordability Crisis
- NTSB Agrees With Requiring Inspections of 2,000 Learjets After Arizona Crash
- California Attorney General Charges Eight in Bay Area Auto-Theft Ring
- Washington Commissioner Issued $828K in Fines for Insurance Violations
International & Reinsurance News
- Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates
- Jamaica Catastrophe Bond Has Now Triggered, Government Says
- Two New Suspects Handed Preliminary Charges in Louvre Jewels Heist, Prosecutor Says
- Vietnam Flood Deaths Rise as New Storm Tracks Toward Coast
- Markets/Coverages: AXA XL Offers Cyber Solution for Europe, APAC Construction Firms
- Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion
Insurance Journal Blogs and Columns
- Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes
- How to Use Content Marketing to Grow Your Insurance Agency
- Applied Acquires Cytora: Supercharging the Digital Roundtrip of Insurance with AI
- Why Ethics CE Matters: Strengthening Professional Standards in Insurance
- A Lost Art: The Submission Letter
Sponsored Newswire
- PGM Solutions Expands Home Factors with New Roof and Electrical Insights to Strengthen Carrier Risk Models
- Expert Underwriter Secures Critical Wildfire Coverage for High-Risk California Warehouse, Saving Key Account
Quote of Note
"Insurance carriers are paying more attention to underwriting and selecting accounts they want to do business with and being very competitive on those."
More Quotes Brian F. Cooper, managing director, National Construction Practice, for Gallagher Construction Services in San Francisco.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Ryan Specialty Holdings, Inc. | RYAN | $54.80 | +8.13% |
| Root, Inc. | ROOT | $80.52 | +4.02% |
| Kingsway Financial Services Inc. | KFS | $14.24 | +2.30% |
| Donegal Group Inc. | DGIC.A | $18.75 | +2.01% |
| Markel Group Inc. | MKL | $1,974.53 | +1.86% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Employers Holdings, Inc. | EIG | $38.13 | -6.38% |
| Erie Indemnity Company | ERIE | $292.64 | -5.49% |
| Arthur J. Gallagher & Co. | AJG | $249.49 | -4.79% |
| Neptune Insurance Holdings Inc. | NP | $25.68 | -3.06% |
| Universal Insurance Holdings, Inc. | UVE | $30.82 | -1.88% |