Plaintiffs said the Texas Windstorm Insurance Assoc. fraudulently reduced claim estimates.
The agreement is one of the largest data breach settlement amounts.
- Nuclear Verdicts Go Boom, Increase 40.7% in 2025
- Auto and Home Insurance Consumers Getting Used to Using AI: JD Power
- Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
- Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
- World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’
- Florida, Hit by Obamacare Drop-Off, Feels the Squeeze of Health Care Costs
- DOJ to Challenge Dismissal of Harvard Civil Rights Suit
- Delaware Helps Firms Pay for Insurance, Trade Shows, Travel to Grow Exports
- NY City Mayor Mamdani Assembles Executive Panel to Smooth Ties With Business
- Owner of Home on Fire Stole First Responder’s Rescue Truck: Police
- Northeast Including New York City Facing Flood Risks From Thunderstorms Today
- Judge Dismisses Musk’s X Suit Against New York Law on Hate-Speech, Disinformation
- LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds
- Western Wildland Firefighters Warned About Supplement for Smoke Exposure
- Mercury Insurance Founder Joseph Dies at Age 104
- Hawaii Insurance Division Issues Memo to Insurers for Lala Claims
- People Moves: Ellis Joins Alliant Denver Employee Benefits Team
- California Lawmakers to Oppose Limits on Insurance Fire Claims
- Florida AG Rejects Meta Settlement but Takes $1.2M From Deloitte Over DEI
- Florida, Hit by Obamacare Drop-Off, Feels the Squeeze of Health Care Costs
- Tropical Storm Dolly Forms in the Atlantic, Not Named After Dolly Parton
- Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit
- The Villages Health Agrees to Pay $542M for Medicare Advantage Overbilling
- Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
- Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
- First US Phosphate Plant in Decades Planned Amid Global Conflict
- Wildfire Burns Structures in North Central Texas
- Permian Basin Set to Become Top US Gas Producer, Citi Says
- Meta to Pay Texas $1 Billon in Child Safety Case
- SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
- New Illinois Law Requires Insurance for High-Speed E-Bikes
- Inszone Acquires Michigan’s Aviza Insurance Agency
- Marketing Firm Sued for Refusing to Hire Pregnant Woman
- Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit with Mini Mart
- Some Gary, Indiana Residents Still Without Power Weeks After Storms
- Freestone Acquires Illinois-Based 360 Benefits
National News
- Analysis: Meta’s Social Media Settlement Leaves Its Money Machine Unscathed
- Court Approves Bank of America’s $72.5 Million Settlement With Epstein Accusers
- Police Reports Undercount Cellphone Use Before Crashes: Study
- Auto and Home Insurance Consumers Getting Used to Using AI: JD Power
- Kalshi Weather Odds Are Coming to a Weather App Near You
- OpenAI, Anthropic Urge Cyber Defense Action as AI Models Improve
- US Widens Lettuce-Related Cyclosporiasis Probe to 20 States
East News
- DOJ to Challenge Dismissal of Harvard Civil Rights Suit
- Delaware Helps Firms Pay for Insurance, Trade Shows, Travel to Grow Exports
- NY City Mayor Mamdani Assembles Executive Panel to Smooth Ties With Business
- Owner of Home on Fire Stole First Responder’s Rescue Truck: Police
- Northeast Including New York City Facing Flood Risks From Thunderstorms Today
- Judge Dismisses Musk’s X Suit Against New York Law on Hate-Speech, Disinformation
Midwest News
- New Illinois Law Requires Insurance for High-Speed E-Bikes
- Inszone Acquires Michigan’s Aviza Insurance Agency
- Marketing Firm Sued for Refusing to Hire Pregnant Woman
- Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit with Mini Mart
- Some Gary, Indiana Residents Still Without Power Weeks After Storms
- Freestone Acquires Illinois-Based 360 Benefits
Munich Re has reclaimed its position from Swiss Re as the largest global reinsurer, said AM Best.
Texas / South Central News
- Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
- First US Phosphate Plant in Decades Planned Amid Global Conflict
- Wildfire Burns Structures in North Central Texas
- Permian Basin Set to Become Top US Gas Producer, Citi Says
- Meta to Pay Texas $1 Billon in Child Safety Case
- SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
Southeast News
- Florida AG Rejects Meta Settlement but Takes $1.2M From Deloitte Over DEI
- Florida, Hit by Obamacare Drop-Off, Feels the Squeeze of Health Care Costs
- Tropical Storm Dolly Forms in the Atlantic, Not Named After Dolly Parton
- Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit
- The Villages Health Agrees to Pay $542M for Medicare Advantage Overbilling
- Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds
- Western Wildland Firefighters Warned About Supplement for Smoke Exposure
- Mercury Insurance Founder Joseph Dies at Age 104
- Hawaii Insurance Division Issues Memo to Insurers for Lala Claims
- People Moves: Ellis Joins Alliant Denver Employee Benefits Team
- California Lawmakers to Oppose Limits on Insurance Fire Claims
International & Reinsurance News
- Kalshi Weather Odds Are Coming to a Weather App Near You
- Meta Settlement Opens New Front in Global Fight Over Social Media Harm
- Researchers Discover Additional Backdoors in Chinese-Made Zbtlink Routers
- Romania Probes Cause of Black Sea Cargo Ship Sinking
- War in Iran Continues to Drive Interest in Renewables
- China Flexes its Auto-Safety Chops With Huge Recall of Tesla, Other Cars
Insurance Journal Blogs and Columns
- Why Every Commercial-Lines Agency Needs AI Risk Fluency
- How Ben Williams Insurance Group went from paper and pen to instant answers
- Restaurant Risk Management: Addressing Emerging Hospitality Exposures and Coverage Challenges
- The Implementation Gap: Why Good Technology Fails Inside Good Brokerages
- Why 400+ Loss Run Formats and 5 Years in Production Make Insurance AI Actually Work
- Severe Convective Storms Demand Closer Attention
Quote of Note
"Certainly, claims — with all of their moving parts in all of the lines of business — still present compliance challenges."
More Quotes Kathy Donovan, lead researcher for Wolters Kluwer, on P/C insurers' top market conducts mistakes.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $6.74 | +6.40% |
| Erie Indemnity Company | ERIE | $259.44 | +0.84% |
| Ryan Specialty Holdings, Inc. | RYAN | $43.50 | +0.55% |
| Lemonade, Inc. | LMND | $53.93 | +0.54% |
| Slide Insurance Holdings, Inc. | SLDE | $23.46 | +0.47% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $55.05 | -5.40% |
| TWFG, Inc. | TWFG | $29.26 | -5.31% |
| Mercury General Corporation | MCY | $102.64 | -2.31% |
| The Progressive Corporation | PGR | $217.65 | -2.18% |
| Brown & Brown, Inc. | BRO | $71.39 | -1.91% |