The lawsuit is against another group of former employees for breach of employee contracts.
Property-Liability booked underwriting income of $2.9 billion compared with $495 million.
- Progressive’s $950M in Florida Regurgitation to Mostly Be Credits in Renewals
- Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Jamaica Catastrophe Bond Has Now Triggered, Government Says
- UK’s Reeves to Meet Insurance CEOs in Pre-Budget Growth Pitch
- Allstate More Than Triples Q3 Net Income to $3.7 Billion
- Charlie Javice Accuses JPMorgan of ‘Hypocrisy’ on Legal Bills
- Pennsylvania Reelects Supreme Court Justices, Extending a Democratic Majority
- Tech University Students Think Tiny Drones Inspired by Bats Could Save Lives
- Man Charged With Leading $1M Vehicle Title Washing Scheme Arrested in Mexico
- New York State Report Calls Weather Consequences ‘Dire and Growing’
- Insurer Balks at Covering Sex Trafficking Judgment Against Hotel
- Novo Car Insurance Based on Driving Behavior Launches in Arizona
- Collision Engineering Program Coming to LA to Address Auto Repair Gap
- Judge Rejects Deal for Funeral Home Owner Accused of Stashing 190 Bodies
- People Moves: Ausink Joins Alliant’s Seattle Benefits Team
- Sling TV Settles With California AG for $530K for Privacy Act Violations
- Arthur J. Gallagher Acquires Surescape Insurance Services in Colorado
- Viewpoint: The Biggest Blind Spot in Home Insurance: What’s Inside the House
- Mission Launches New D&O and Other Liability Products for Small Businesses
- Ga. Court: Ambulance Chasing Not a RICO Claim But Fake Immigrant Papers Might Be
- 7 Dead After UPS Plane Crashes on Takeoff in Louisville, Kentucky
- Florida-Based HCI’s Insurtech Raises $168M in Initial Public Offering
- Heavyweight Class-Action Lawyer Stan Chesley Dies
- Texas Voters Approve $20B Investment in Water Supply
- Manufacturer WNA Earns TDI Lone Star Safety Award
- Louisiana Bar Association Selects ORLSI as Lawyers Malpractice Insurance Provider
- Texas Courier Service to Pay $800K in Workers’ Comp Fraud Case
- Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research
- Lawsuit Seeks to Overturn Dallas Ordinances, Including LGBTQ+ Protections
- Heavyweight Class-Action Lawyer Stan Chesley Dies
- Two Men Charged with Terrorism Plot at LGBTQ+ Bars in Detroit Suburb
- Fired Indiana University Student Newspaper Adviser Claims Free Speech Violation
- Michigan Regulators to Start Enforcing 2020 Industrial Farm Pollution Law
- ReSource Pro Acquires Indiana-Based Supportive Insurance Services
- Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later
National News
- Allstate More Than Triples Q3 Net Income to $3.7 Billion
- MMA Sues Former Specialty Marine Head Over Move to Howden US
- Root Inc. Reports Strong Growth Despite Q3 Loss
- Truckers Seek Detours Around Rising Costs and Litigation
- Deaths and Illnesses Reported in Listeria Outbreak Tied to Recalled Pasta Meals
- People Moves: Acrisure Appoints Radelet Chief Corporate Affairs Officer; Carbon Hires Bright to Lead US Underwriting
- FAA to Detail Flight Cut Plan at Major Airports on Friday
East News
- Charlie Javice Accuses JPMorgan of ‘Hypocrisy’ on Legal Bills
- Pennsylvania Reelects Supreme Court Justices, Extending a Democratic Majority
- Tech University Students Think Tiny Drones Inspired by Bats Could Save Lives
- Man Charged With Leading $1M Vehicle Title Washing Scheme Arrested in Mexico
- New York State Report Calls Weather Consequences ‘Dire and Growing’
- Insurer Balks at Covering Sex Trafficking Judgment Against Hotel
Midwest News
- Iowa Contractor Arrested for Insurance Fraud
- Coalition Acquires MDR Provider Wirespeed
- Heavyweight Class-Action Lawyer Stan Chesley Dies
- Two Men Charged with Terrorism Plot at LGBTQ+ Bars in Detroit Suburb
- Fired Indiana University Student Newspaper Adviser Claims Free Speech Violation
- Michigan Regulators to Start Enforcing 2020 Industrial Farm Pollution Law
The Category 5 hurricane made landfall last week in southwestern Jamaica, the nation's first major hurricane since 1988.
Texas / South Central News
- TWIA Board Votes on 2026 Operating Budget
- People Moves: Texas Mutual Names Sangal as COO
- Texas Voters Approve $20B Investment in Water Supply
- Manufacturer WNA Earns TDI Lone Star Safety Award
- Louisiana Bar Association Selects ORLSI as Lawyers Malpractice Insurance Provider
- Texas Courier Service to Pay $800K in Workers’ Comp Fraud Case
Southeast News
- Americans Moving Out of Flood-Prone Neighborhoods With Miami Leading the Pack
- Viewpoint: The Biggest Blind Spot in Home Insurance: What’s Inside the House
- Mission Launches New D&O and Other Liability Products for Small Businesses
- Ga. Court: Ambulance Chasing Not a RICO Claim But Fake Immigrant Papers Might Be
- 7 Dead After UPS Plane Crashes on Takeoff in Louisville, Kentucky
- Florida-Based HCI’s Insurtech Raises $168M in Initial Public Offering
A rise in privacy litigation has motivated some insurers to take another look at the risk.
West News
- Novo Car Insurance Based on Driving Behavior Launches in Arizona
- Collision Engineering Program Coming to LA to Address Auto Repair Gap
- Judge Rejects Deal for Funeral Home Owner Accused of Stashing 190 Bodies
- People Moves: Ausink Joins Alliant’s Seattle Benefits Team
- Sling TV Settles With California AG for $530K for Privacy Act Violations
- Arthur J. Gallagher Acquires Surescape Insurance Services in Colorado
International & Reinsurance News
- Anchored in Maritime Roots, the Cayman Islands Set Sail for Reinsurance Opportunities
- Zurich Insurance Sees No Material Loss From Hurricane Melissa, CFO Says
- KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion
- JPMorgan Analyst Sues Over Pay Gap With Male Colleague in UK
- Here’s How Much Hurricane Melissa Was Worsened by Climate Change
- M&S First-Half Profit Hammered by Impact of Cyber Hack
Insurance Journal Blogs and Columns
- Highlights from Applied Net 2025: Transforming Agencies with EZLynx Innovations
- Taking Your Construction Company to the Next Level
- 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
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
"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 |
|---|---|---|---|
| Lemonade, Inc. | LMND | $78.73 | +34.21% |
| United Fire Group, Inc. | UFCS | $35.44 | +14.69% |
| Root, Inc. | ROOT | $88.82 | +12.17% |
| Trupanion, Inc. | TRUP | $42.49 | +7.87% |
| Hippo Holdings Inc. | HIPO | $37.85 | +5.46% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American International Group, Inc. | AIG | $76.32 | -5.44% |
| Enact Holdings, Inc. | ACT | $35.93 | -1.51% |
| Brown & Brown, Inc. | BRO | $77.84 | -1.46% |
| Arthur J. Gallagher & Co. | AJG | $248.05 | -1.45% |
| HCI Group, Inc. | HCI | $203.61 | -1.23% |