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.
- Update: Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa
- Allstate More Than Triples Q3 Net Income to $3.7 Billion
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US
- Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth
- Jamaica Catastrophe Bond Has Now Triggered, Government Says
- Jury Awards $10 Million to Virginia Teacher Shot by 6-Year Old Student
- Landlord Gets Another Chance to Hold Broker Liable for Failed Lead Paint Disclosure
- Connecticut Collects $95M in Insurance Industry Fees, Fines and Taxes
- Bristol Myers Reaches $239 Million Settlement Over Psoriasis, MS Drugs
- People Moves: NFP Names Roberts; Falvey Appoints Blubaugh
- Charlie Javice Accuses JPMorgan of ‘Hypocrisy’ on Legal Bills
- Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments
- People Moves: Mutual of Enumclaw Hires New Executives; King & Neel Appoints Itami and King to Leadership
- Wildfire Victims Ask Gov. Newsom to Call for Insurance Commissioner’s Resignation
- 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
- Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth
- Explosion at Mississippi Chemical Plant Causes Ammonia Leak, Evacuations
- Former Injury Lawyer and SC House Member Indicted on Charges of Defrauding Clients
- Engine Detached From UPS Plane Before Fatal Kentucky Crash
- 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
- Louisiana Farm Bureau to Benefit From Demutualization, AM Best Says
- Texas Asks Court to Halt Kenvue Tylenol Marketing, Dividend
- Americans Are Moving Out of Flood-Prone Neighborhoods
- TWIA Board Votes on 2026 Operating Budget
- People Moves: Texas Mutual Names Sangal as COO
- Texas Voters Approve $20B Investment in Water Supply
- Chicago Jury is Picked in Boeing Trial Over Payouts Related to Ethiopia Crash
- AM Best Revises Outlook to Positive for Michigan Millers Mutual
- 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
National News
- Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth
- Boeing Avoids US Criminal Charge in 737 Max Jet Crash Case
- Consumers Are the Front Line in Fighting Insurance Fraud
- People Moves: MMA Appoints Balentine as President of National Business Insurance
- Allstate More Than Triples Q3 Net Income to $3.7 Billion
- MMA Sues Former Specialty Marine Head Over Move to Howden US
East News
- Jury Awards $10 Million to Virginia Teacher Shot by 6-Year Old Student
- Landlord Gets Another Chance to Hold Broker Liable for Failed Lead Paint Disclosure
- Connecticut Collects $95M in Insurance Industry Fees, Fines and Taxes
- Bristol Myers Reaches $239 Million Settlement Over Psoriasis, MS Drugs
- People Moves: NFP Names Roberts; Falvey Appoints Blubaugh
- Charlie Javice Accuses JPMorgan of ‘Hypocrisy’ on Legal Bills
Midwest News
- Chicago Jury is Picked in Boeing Trial Over Payouts Related to Ethiopia Crash
- AM Best Revises Outlook to Positive for Michigan Millers Mutual
- 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
The Category 5 hurricane made landfall last week in southwestern Jamaica, the nation's first major hurricane since 1988.
Texas / South Central News
- Louisiana Farm Bureau to Benefit From Demutualization, AM Best Says
- Texas Asks Court to Halt Kenvue Tylenol Marketing, Dividend
- Americans Are Moving Out of Flood-Prone Neighborhoods
- TWIA Board Votes on 2026 Operating Budget
- People Moves: Texas Mutual Names Sangal as COO
- Texas Voters Approve $20B Investment in Water Supply
Southeast News
- Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth
- Explosion at Mississippi Chemical Plant Causes Ammonia Leak, Evacuations
- Former Injury Lawyer and SC House Member Indicted on Charges of Defrauding Clients
- Engine Detached From UPS Plane Before Fatal Kentucky Crash
- 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
A rise in privacy litigation has motivated some insurers to take another look at the risk.
West News
- Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments
- People Moves: Mutual of Enumclaw Hires New Executives; King & Neel Appoints Itami and King to Leadership
- Wildfire Victims Ask Gov. Newsom to Call for Insurance Commissioner’s Resignation
- 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
International & Reinsurance News
- Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth
- Jamaica Catastrophe Bond Headed for Full Payout After Hurricane, World Bank Says
- Bain Capital Private Credit Executive Brushes off Systemic Concerns, Eyes Asia Growth
- Irish Regulator Fines Coinbase Europe 21.5 Million Euros Over Monitoring Failures
- Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa
- Markets/Coverages: Fidelis Launches Construction Consortium to Cover AI Data Centers
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
Quote of Note
If your insurance company is going to increase your premium, you have a right to know why. … This is pretty basic information you should expect from your insurance company, but we hear from hundreds of consumers every year who cannot get a clear, understandable answer on why they're being charged more.
More Quotes Mike Kreidler, Washington Insurance Commissioner
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Palomar Holdings, Inc. | PLMR | $128.06 | +8.72% |
| Hagerty, Inc. | HGTY | $12.43 | +6.51% |
| Neptune Insurance Holdings Inc. | NP | $26.86 | +6.21% |
| Heritage Insurance Holdings, Inc. | HRTG | $29.54 | +6.07% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $47.48 | +3.99% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kingsway Financial Services Inc. | KFS | $13.02 | -10.82% |
| Trupanion, Inc. | TRUP | $38.58 | -8.34% |
| HCI Group, Inc. | HCI | $181.40 | -6.98% |
| Root, Inc. | ROOT | $79.08 | -2.38% |
| Hippo Holdings Inc. | HIPO | $33.87 | -2.11% |