The next 12 months will tell the story, according to a new report from AM Best.
Allstate’s Large Language Intelligent Ecosystem is the next step of its strategy.
- Rhine River Shipping Stalls as Water Level Hits Record Low
- Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event
- HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say
- Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return?
- Inszone Insurance Acquires Two Fong’s in California
- Taylor Farms, Taco Bell Face Multiple Lawsuits Over Cyclospora Outbreak
- Massachusetts High Court Says Mag Mutual Must Defend Doctor Accused of Stalking
- Delaware Judge Orders Verisk to Proceed With $2.35 Billion AccuLynx Deal
- Tour Boat Operator Charged in Fatal Capsizing in New York Harbor
- Appeals Court Says Lobstermen’s Defamation Suit Raises First Amendment Questions
- Virginia Study on Data Centers Calls for Tighter Water Regulations
- Teva Seeks to Keep Israel Ties From Philadelphia Jury, Cites Gaza War
- Inszone Insurance Acquires Two Fong’s in California
- Edison Judge Balks at Holding Utility Liable for LA Wildfire
- Montana Auditor Suspends Producer License of Bail Bondsman Accused of Exploitation
- Oregon Scam Targeting Spanish-Speaking Injured Workers May Include Fake Judges
- Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
- Body Found in California Home Burned by Wildfire Believed Started by Chain Saw
- Lawsuit Not Allowed for Heat-Stricken Worker Despite Previous Death, NC Court Says
- Florida’s Mangrove Insurance Launches Sidecar Reinsurance Vehicle
- People Moves: Younts Named Chair of NC Industrial Commission
- Florida-Based Heritage Continues to Shed Policies as Earnings Soar
- Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
- Alabama Courthouse Workers Smelled a Rat. Court Must Decide if Insurer Defends Suit
- Officials Urge Gulf Coast Beachgoers to Beware of Deadly Bacterial Infections
- Delta-8 Among Products Banned as Texas THC Suit Continues
- Judge Approves $106M Settlement Over Hard Rock Hotel Collapse in New Orleans
- Texas Judge Strikes Down Law Regulating Firearm Suppressors and Some Guns
- Trump Calls Texas’ Data Center Opposition a ‘Mistake’
- Texas Bakery Fined $25K for Child Labor and Back Wages Violations
- Marsh McLennan Agency Acquires Iowa’s Accel Holdings
- Severe Thunderstorms Across US Midwest Trigger Flood Warnings
- Remains of 56 Bodies Found at Chicago Funeral Home, License Suspended
- Illinois Lawsuit Alleges Companies Violated Environmental Laws at Chicago Site
- Pritzker Signs Bills Giving Insurance Department Power to Overturn Rate Changes
- People Moves: Paulk Named COO of Old Republic Excess & Surplus
National News
- Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event
- FDA Urges Sanitation, Supplier Checks to Curb Fresh-Cut Produce Contamination
- Americans Just Endured the Hottest Month in 132 Years
- Taylor Farms, Taco Bell Face Multiple Lawsuits Over Cyclospora Outbreak
- Appeals Court: Social Media Companies Must Face Thousands of Addiction Lawsuits
- Renewal Changes for Most Commercial Lines Decrease in July and Q2, Says Ivans
- People Moves: O’Connor Promoted to NA Head of Pro Liability, Cyber at AIG; Canopius Appoints Kuchinski US CUO
- Kellington Returns to ACORD to Take CEO Role
East News
- Massachusetts High Court Says Mag Mutual Must Defend Doctor Accused of Stalking
- Delaware Judge Orders Verisk to Proceed With $2.35 Billion AccuLynx Deal
- Tour Boat Operator Charged in Fatal Capsizing in New York Harbor
- Appeals Court Says Lobstermen’s Defamation Suit Raises First Amendment Questions
- Virginia Study on Data Centers Calls for Tighter Water Regulations
- Teva Seeks to Keep Israel Ties From Philadelphia Jury, Cites Gaza War
Midwest News
- Marsh McLennan Agency Acquires Iowa’s Accel Holdings
- Severe Thunderstorms Across US Midwest Trigger Flood Warnings
- Remains of 56 Bodies Found at Chicago Funeral Home, License Suspended
- Illinois Lawsuit Alleges Companies Violated Environmental Laws at Chicago Site
- Pritzker Signs Bills Giving Insurance Department Power to Overturn Rate Changes
- People Moves: Paulk Named COO of Old Republic Excess & Surplus
Illinois leaders have pushed lawmakers to give the department more authority.
Texas / South Central News
- Officials Urge Gulf Coast Beachgoers to Beware of Deadly Bacterial Infections
- Delta-8 Among Products Banned as Texas THC Suit Continues
- Judge Approves $106M Settlement Over Hard Rock Hotel Collapse in New Orleans
- Texas Judge Strikes Down Law Regulating Firearm Suppressors and Some Guns
- Trump Calls Texas’ Data Center Opposition a ‘Mistake’
- Texas Bakery Fined $25K for Child Labor and Back Wages Violations
Southeast News
- Lawsuit Not Allowed for Heat-Stricken Worker Despite Previous Death, NC Court Says
- Florida’s Mangrove Insurance Launches Sidecar Reinsurance Vehicle
- People Moves: Younts Named Chair of NC Industrial Commission
- Florida-Based Heritage Continues to Shed Policies as Earnings Soar
- Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
- Alabama Courthouse Workers Smelled a Rat. Court Must Decide if Insurer Defends Suit
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- Inszone Insurance Acquires Two Fong’s in California
- Edison Judge Balks at Holding Utility Liable for LA Wildfire
- Montana Auditor Suspends Producer License of Bail Bondsman Accused of Exploitation
- Oregon Scam Targeting Spanish-Speaking Injured Workers May Include Fake Judges
- Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
- Body Found in California Home Burned by Wildfire Believed Started by Chain Saw
International & Reinsurance News
- Rhine River Shipping Stalls as Water Level Hits Record Low
- AI’s Volatile Power Demand Is Damaging Its Own Data Centers
- German Drivers Accelerate Switch to EVs Due to Middle East War
- HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say
- Four Crew Killed in Red Sea Attack While Missile Strike Reported in Gulf
- ‘Chronic’ Heat Risk in Europe Draws Warning From Swiss Re
- Typhoon Season Forecast to Be Among Most Intense Ever for Asia
Insurance Journal Blogs and Columns
- 7 Ways to Put AI to Work in Your Agency (Without a Tech Team)
- 5 Strategic Tradeoffs MGAs Are Navigating
- Workflow Debt: The Hidden Barrier to Scaling Specialty Insurance
- Lower Wildfire Premiums Shouldn’t Distract from Ongoing Risk
- 3 technology must-haves to build distribution velocity
- Why Brokerages Are Adding Workflow Layers Without Replacing Their AMS
Sponsored Newswire
- First Cap Property Insurance Solutions Continues Expanding California Homeowners Insurance
- eMaxx Broadens Access to Excess Variable Cost Captive Insurance Program through eMaxx Reciprocal Insurance Exchange
Quote of Note
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Trupanion, Inc. | TRUP | $30.51 | +4.99% |
| Hippo Holdings Inc. | HIPO | $33.39 | +2.96% |
| Erie Indemnity Company | ERIE | $256.64 | +1.70% |
| Kinsale Capital Group, Inc. | KNSL | $374.60 | +1.63% |
| Enact Holdings, Inc. | ACT | $49.12 | +1.28% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| James River Group Holdings, Inc. | JRVR | $4.20 | -7.60% |
| Root, Inc. | ROOT | $51.59 | -3.46% |
| The Allstate Corporation | ALL | $262.23 | -2.76% |
| Hagerty, Inc. | HGTY | $12.78 | -2.59% |
| Assurant, Inc. | AIZ | $281.41 | -2.02% |