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.
- State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing
- Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss
- Complaints About Florida Insurers Have More Than Doubled in 5 Years, or Have They?
- Ohio High School Lacrosse Player Dies From Injuries Suffered During Game
- ‘Don’t Get in My Way,’ the New Acting Head of FEMA Warns Staff
- Captives to Remain Viable as Market Softens: RIMS Panel
- Capital One to Pay $425 Million to Settle Claims Over Savings Accounts
- Maine Lawmakers Thwart Move to Allow Mennonites to Self-Insure
- People Moves: Castillo to Head Protecdiv’s Construction; Snyder Joins Mass. Workers’ Comp Council
- 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
- Judge Scraps LA Sparks Player’s WNBA Suit; 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?
- Storms, Tornadoes Hit Kentucky and St. Louis as More Weather Approaches
- Severe Weather Leaves at Least 27 Dead, Including 18 in Kentucky
- 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
- Fire Destroys Mansion on a Former Louisiana Sugar Plantation
- 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
- Storms, Tornadoes Hit Kentucky and St. Louis as More Weather Approaches
- 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
National News
- Despite Backlash From Trump, DEI Hasn’t Disappeared at US Companies
- Q1 Shows ‘Clear’ Signs of Commercial P/C Softening, Says CIAB
- Captives to Remain Viable as Market Softens: RIMS Panel
- Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers
- Sedgwick: Number of Recalled Products in US Rose 25% in First Quarter
- EPA to Rollback Limits on ‘Forever Chemicals’ in Drinking Water
- Managing Safety in Workers’ Comp
East News
- Capital One to Pay $425 Million to Settle Claims Over Savings Accounts
- Maine Lawmakers Thwart Move to Allow Mennonites to Self-Insure
- People Moves: Castillo to Head Protecdiv’s Construction; Snyder Joins Mass. Workers’ Comp Council
- 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
Midwest News
- Storms, Tornadoes Hit Kentucky and St. Louis as More Weather Approaches
- 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
Marsh is asking a judge to stop its rival from stealing air and space insurance clients.
Texas / South Central News
- Fire Destroys Mansion on a Former Louisiana Sugar Plantation
- 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
Southeast News
- Complaints About Florida Insurers Have More Than Doubled in 5 Years, or Have They?
- Storms, Tornadoes Hit Kentucky and St. Louis as More Weather Approaches
- Severe Weather Leaves at Least 27 Dead, Including 18 in Kentucky
- 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
Lloyd's CUO said the oversight of delegated underwriting authorities is to make sure they do not drag down the market.
West News
- Judge Scraps LA Sparks Player’s WNBA Suit; 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
- UK Legal Aid Hack Includes ‘Significant Amount’ of Personal Data
- M&S’ Slow Recovery From Cyberattack Puts it at Risk of Lasting Damage
- Estonia Says Russia Detained Tanker in Baltic Sea
- EnergyAustralia Apologizes to Customers After Greenwashing Case
- UK’s Anglian Water Fined £1.4 Million Over Drinking Water Failures
- Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers
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
Quote of Note
"We may intervene and take further actions where firms do not appear to be meeting our expectations and treating their customers fairly."
More Quotes Financial Conduct Authority (FCA), which has taken eight insurers to court over business interruption policy wordings.
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% |