CEO Peter Zaffino said the company's intent is to “create a digital twin of our business.”
AM Best said U.S. home insurers are sticking to rate increases to keep profits going.
- Arthur J. Gallagher Completes $13.5 Billion Acquisition of AssuredPartners
- Insurance Agent Earned Town’s Trust. But Officials Say He Ran a $95M Ponzi Scheme.
- Markel Insurance Completes Sale of Reinsurance Renewal Rights to Nationwide
- Insurtech Looks to ‘Redefine’ Insurance With Autonomous AI Agents by 2026
- CVS Not Covered by Insurance for Opioid Lawsuits, Delaware Supreme Court Rules
- Judge Strikes Down Trump Guidance Against DEI at Schools and Colleges
- Insurance Agent Earned Town’s Trust. But Officials Say He Ran a $95M Ponzi Scheme.
- New York Marijuana Shops Sue State Over Mistaken Openings Too Close to Schools
- CVS Not Covered by Insurance for Opioid Lawsuits, Delaware Supreme Court Rules
- Gas Valve Failure May Have Led to Fatal US Steel Plant Explosion
- New York City Reports 4th Person Has Died After Legionnaires’ Disease Outbreak
- People Moves: Insurance Women Chapter Forms in Western Massachusetts
- Studies Tie Unrecognized Deaths, Health Problems to Hawaii And LA Wildfires
- $3.75M to Estate of Unarmed Man Fatally Shot by Oregon Police
- After Wildfire, Can Grand Canyon Mascot Be Restored?
- Renaissance Acquires Business of Evolution Partners
- Temporary Barriers Spared Alaska’s Capital From Severe Flooding, Long-Term Fix Elusive
- Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation
- Another Carrier, Vision Insurance Exchange, Sets Up Shop in Florida
- North Carolina Man Charged With More Than $1M in Travel Insurance Fraud
- People Moves: Geraci Takes Helm at FSLA, McCleary Named SVP at Alliant
- Tampa Woman Posed as Insurance Agent, Used App to Take Payments, Indictment Says
- Georgia Commissioner to Fine 22 Health Insurers $20M for Lack of Mental Health Parity
- Update: Hurricane Erin Strengthens, Threatens US East Coast With Rough Surf
- Texas Shows How Trump’s Anti-Green Moves Threaten a Red Economy
- Texas Senate Passes Bills Aimed at Improving Flood Safety
- People Moves: B&R Welcomes New Vice President to National Property Practice
- Texas Blames ESG Goals in Probe of Xcel Over 2024 Wildfires
- US Plans $750M Fly Factory in Texas to Stop a Flesh-Eating Cattle Parasite
- Texas Economy Slowing Amid Trade Policies and Immigration Crackdown
- Ugly Corn Photos on Social Media Show Risk Posed to Record US Crop
- Ohio Healthcare Facility to Settle Race Discrimination Charge
- Rockford Mutual Launches Commercial Insurance Offerings in Michigan
- Six Killed in Michigan Collision Between Truck and Van Carrying Amish Group
- Michigan Man Wins $60M in False Charges Case
- Ohio’s Roehr Insurance Partners With Higginbotham
National News
- Markel Insurance Completes Sale of Reinsurance Renewal Rights to Nationwide
- Judge Strikes Down Trump Guidance Against DEI at Schools and Colleges
- Tesla Drivers Can Pursue Class Action Over Self-Driving Claims, Judge Rules
- Coastal Communities Restoring Natural Defenses Against Storm Surges, Rising Seas
- CVS Not Covered by Insurance for Opioid Lawsuits, Delaware Supreme Court Rules
- Newsmax Settles Dominion Defamation Case for $67M; Says It Couldn’t Get Fair Trial
- W.R. Berkley Forms Professional Lines Unit, Berkley Edge; Names Secor as President
- Markets/Coverages: Ryan Expands E&O Program for Small, Medium Insurance Agents
East News
- Insurance Agent Earned Town’s Trust. But Officials Say He Ran a $95M Ponzi Scheme.
- New York Marijuana Shops Sue State Over Mistaken Openings Too Close to Schools
- CVS Not Covered by Insurance for Opioid Lawsuits, Delaware Supreme Court Rules
- Gas Valve Failure May Have Led to Fatal US Steel Plant Explosion
- New York City Reports 4th Person Has Died After Legionnaires’ Disease Outbreak
- People Moves: Insurance Women Chapter Forms in Western Massachusetts
Midwest News
- Ugly Corn Photos on Social Media Show Risk Posed to Record US Crop
- Ohio Healthcare Facility to Settle Race Discrimination Charge
- Rockford Mutual Launches Commercial Insurance Offerings in Michigan
- Six Killed in Michigan Collision Between Truck and Van Carrying Amish Group
- Michigan Man Wins $60M in False Charges Case
- Ohio’s Roehr Insurance Partners With Higginbotham
Swiss Re said total 2025 insured losses could exceed $150 billion because activity is typically higher in the second half.
Texas / South Central News
- Texas Shows How Trump’s Anti-Green Moves Threaten a Red Economy
- Texas Senate Passes Bills Aimed at Improving Flood Safety
- People Moves: B&R Welcomes New Vice President to National Property Practice
- Texas Blames ESG Goals in Probe of Xcel Over 2024 Wildfires
- US Plans $750M Fly Factory in Texas to Stop a Flesh-Eating Cattle Parasite
- Texas Economy Slowing Amid Trade Policies and Immigration Crackdown
Southeast News
- Another Carrier, Vision Insurance Exchange, Sets Up Shop in Florida
- North Carolina Man Charged With More Than $1M in Travel Insurance Fraud
- People Moves: Geraci Takes Helm at FSLA, McCleary Named SVP at Alliant
- Tampa Woman Posed as Insurance Agent, Used App to Take Payments, Indictment Says
- Georgia Commissioner to Fine 22 Health Insurers $20M for Lack of Mental Health Parity
- Update: Hurricane Erin Strengthens, Threatens US East Coast With Rough Surf
If true, state regulators may require pro-rated cash refunds or credits on renewal premiums.
West News
- Studies Tie Unrecognized Deaths, Health Problems to Hawaii And LA Wildfires
- $3.75M to Estate of Unarmed Man Fatally Shot by Oregon Police
- After Wildfire, Can Grand Canyon Mascot Be Restored?
- Renaissance Acquires Business of Evolution Partners
- Temporary Barriers Spared Alaska’s Capital From Severe Flooding, Long-Term Fix Elusive
- Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation
International & Reinsurance News
- Europe’s Wildfires Have Burned the Most Land in Nearly 20 Years
- Qantas Airways Fined $59M for Illegal Pandemic Layoffs
- Mumbai Drenched by More Rain as Highest Alert Issued for City
- Markets/Coverages: Inigo Provides Excess DIC/DIL Cover on Financial Fraud Policies
- People Moves: Howden Taps Hughes From IAG as CEO of New Zealand; BHSI Promotes Esa to Head of National Business, UK
- Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best
Insurance Journal Blogs and Columns
- California’s new take on wildfire loss models, and what this means for property insurers
- 3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
- 3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
- A Major Infrastructure Upgrade for Antarctica — Backed by Surety
- How SIU Is Saving Over 1,000 Hours a Year by Automating Their Inbox
- Why Submission Triage Is the Hidden Bottleneck in Your Underwriting Workflow
Quote of Note
"The rules are fuzzy. It's not clear what is allowed, what isn't allowed."
More Quotes Max Smeets, director of the European Cyber Conflict Research Initiative.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| TWFG, Inc. | TWFG | $29.04 | +4.20% |
| Kinsale Capital Group, Inc. | KNSL | $461.85 | +3.55% |
| CNA Financial Corporation | CNA | $48.48 | +2.69% |
| Old Republic International Corporation | ORI | $39.03 | +2.60% |
| American Coastal Insurance Corporation | ACIC | $10.91 | +2.35% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $57.20 | -4.25% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $21.53 | -2.62% |
| American Integrity Insurance Group, Inc. | AII | $18.32 | -2.35% |
| Slide Insurance Holdings, Inc. | SLDE | $14.24 | -2.06% |
| Hippo Holdings Inc. | HIPO | $31.07 | -1.74% |