The head of FEMA said states will bear half the costs for responding to natural disasters.
Testimony came from homeowners, adjusters and two of the largest U.S. insurers.
- Estonia Says Russia Detained Tanker in Baltic Sea
- Captives to Remain Viable as Market Softens: RIMS Panel
- Leaning into Uncertainty and Managing Risk
- Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk
- Christian Dior Couture Client Data Breached in Cyberattack
- Rogue Communication Devices Found in Chinese Solar Power Inverters
- Maine Lawmakers Thwart Move to Allow Mennonites to Self-Insure
- Mexican Navy Ship Hits Brooklyn Bridge, Killing Two on Crew
- Boy Swept Away as Virginia and Maryland Hit With Heavy Rains and Flooding
- Army Working to Fix Military and Traffic Controllers Communications at DC Airport
- Ex-FDNY Chief Gets 3 Years for Taking Bribes to Fast-Track Safety Inspections
- Pilot’s Lack of Oxygen Cited as Likely Factor in 2023 Private Jet Crash in Virginia
- Judge Dismisses LA Sparks Player’s WNBA Suit, But She Can Pursue Claim Against Las Vegas Aces
- Washington Roofing Company Fined $300K After Worker Falls From Roof
- Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes
- Asbestos Clinic in Montana Forced to Close to Pay for BNSF Jury Award
- California DoorDash Driver Pleads Guilty to Stealing $2.5M in Deliveries Scam
- People Moves: Delos Insurance Solutions Names Coffman CRO; Venbrook Promotes Lang
- Complaints About Florida Insurers Have More Than Doubled in 5 Years, or Have They?
- Alabama Lawmakers Approve Additional Legal Protections for Police Officers
- Florida High Court Lets Stand Ruling on Damage Estimates in Supplemental Claims
- DeSantis Signs Law Making Florida 2nd State to Ban Fluoride From Water Systems
- Judge Orders Restoration of Health Program for West Virginia Coal Miners
- Slide Secures $250M Cat Bond as Hurricane Season Looms
- Texas Stock Exchange CEO Sees State Muscling In on NYC, Delaware
- Louisiana Plant at Center of Environmental Justice Fight Halts Operations
- Texas Sweetens Pitch to CEOs, Boards With New State Protections
- Widow of Arkansas Airport Director Killed in Raid Sues ATF Over Husband’s Death
- People Moves: CRC Names New Underwriting Leaders and Senior VP
- Sweltering Heat Wave Hits US From Dakotas to Texas
- Severe Storm Batters St. Louis, Leaving At Least 4 Dead
- Severe Storms Sweep Through Midwest, Leaving Thousands Without Power
- Morton Salt Settles Ohio Discrimination Case With $75,000 Payment
- Sweltering Heat Wave Hits US From Dakotas to Texas
- Coterie Relocating Headquarters to Appleton, Wisconsin
- People Moves: Advocus Names Moore SVP of Illinois Operations
National News
- Captives to Remain Viable as Market Softens: RIMS Panel
- Sedgwick: Number of Recalled Products in US Rose 25% in First Quarter
- EPA to Rollback Limits on ‘Forever Chemicals’ in Drinking Water
- Coinbase Hackers Had Access to Customer Data Since January
- Sedgwick Experts Outline Key Workers’ Comp Claims Trends
- Christian Dior Couture Client Data Breached in Cyberattack
- Managing Safety in Workers’ Comp
East News
- Maine Lawmakers Thwart Move to Allow Mennonites to Self-Insure
- Mexican Navy Ship Hits Brooklyn Bridge, Killing Two on Crew
- Boy Swept Away as Virginia and Maryland Hit With Heavy Rains and Flooding
- Army Working to Fix Military and Traffic Controllers Communications at DC Airport
- Ex-FDNY Chief Gets 3 Years for Taking Bribes to Fast-Track Safety Inspections
- Pilot’s Lack of Oxygen Cited as Likely Factor in 2023 Private Jet Crash in Virginia
Midwest News
- Severe Storm Batters St. Louis, Leaving At Least 4 Dead
- Severe Storms Sweep Through Midwest, Leaving Thousands Without Power
- Morton Salt Settles Ohio Discrimination Case With $75,000 Payment
- Sweltering Heat Wave Hits US From Dakotas to Texas
- Coterie Relocating Headquarters to Appleton, Wisconsin
- People Moves: Advocus Names Moore SVP of Illinois Operations
Marsh is asking a judge to stop its rival from stealing air and space insurance clients.
Texas / South Central News
- Texas Stock Exchange CEO Sees State Muscling In on NYC, Delaware
- Louisiana Plant at Center of Environmental Justice Fight Halts Operations
- Texas Sweetens Pitch to CEOs, Boards With New State Protections
- Widow of Arkansas Airport Director Killed in Raid Sues ATF Over Husband’s Death
- People Moves: CRC Names New Underwriting Leaders and Senior VP
- Sweltering Heat Wave Hits US From Dakotas to Texas
Southeast News
- Complaints About Florida Insurers Have More Than Doubled in 5 Years, or Have They?
- Alabama Lawmakers Approve Additional Legal Protections for Police Officers
- Florida High Court Lets Stand Ruling on Damage Estimates in Supplemental Claims
- DeSantis Signs Law Making Florida 2nd State to Ban Fluoride From Water Systems
- Judge Orders Restoration of Health Program for West Virginia Coal Miners
- Slide Secures $250M Cat Bond as Hurricane Season Looms
Lloyd's CUO said the oversight of delegated underwriting authorities is to make sure they do not drag down the market.
West News
- Judge Dismisses LA Sparks Player’s WNBA Suit, But She Can Pursue Claim Against Las Vegas Aces
- Washington Roofing Company Fined $300K After Worker Falls From Roof
- Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes
- Asbestos Clinic in Montana Forced to Close to Pay for BNSF Jury Award
- California DoorDash Driver Pleads Guilty to Stealing $2.5M in Deliveries Scam
- People Moves: Delos Insurance Solutions Names Coffman CRO; Venbrook Promotes Lang
International & Reinsurance News
- Estonia Says Russia Detained Tanker in Baltic Sea
- UK’s Anglian Water Fined £1.4 Million Over Drinking Water Failures
- Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers
- Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk
- Estonia Says Russia Sent Jet After Attempt to Stop Sanction-Breaking Ship
- Rogue Communication Devices Found in Chinese Solar Power Inverters
Insurance Journal Blogs and Columns
- Conflagration’s role in the wildfire equation
- Tired of Waiting on Tickets? There’s a Better Way.
- Is Your Distribution Network Built to Scale?
- Insurance + APIs: How Superior Data Is Key to Distribution Channel Management
- Generative and Agentic AI in Insurance: Breaking Down the Risks and Opportunities
- Smarter Client Communication Starts Here: Transform Your Agency with EZLynx Email Content Assist
Sponsored Newswire
More Sponsored NewswiresQuote 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 |
|---|---|---|---|
| Skyward Specialty Insurance Group, Inc. | SKWD | $61.03 | +2.14% |
| NI Holdings, Inc. | NODK | $12.92 | +0.94% |
| HCI Group, Inc. | HCI | $162.75 | +0.48% |
| Goosehead Insurance, Inc | GSHD | $106.05 | +0.43% |
| Global Indemnity Group, LLC | GBLI | $30.00 | +0.39% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Heritage Insurance Holdings, Inc. | HRTG | $23.56 | -9.28% |
| Root, Inc. | ROOT | $141.20 | -6.02% |
| Lemonade, Inc. | LMND | $31.45 | -3.53% |
| Assurant, Inc. | AIZ | $196.29 | -3.04% |
| Employers Holdings, Inc. | EIG | $48.07 | -2.89% |