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.
- What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
- Catastrophe Bonds Absorb ‘Black Swan’ Event Dealt by Melissa
- Fire Destroys Miami Heat Coach’s $6.5M Home in Coral Gables
- Bipartisan Legislation Introduced to Retroactively Restore NFIP
- Onex CEO Sees Potential for More Insurance Deals After AIG Win
- MIT Grad Brothers Fraud Jury Unable to Reach a Verdict
- Cornell Strikes Deal With White House to Restore Funding
- New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect
- Vermont Christian School Challenges State’s Education Funding as Discriminatory
- Four Indicted for Roles in New Jersey Home Invasion, Auto Theft Ring
- 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
- Crews Work to Fix Alaska Native Villages Devastated by Floods
- California Gets $3.2M Settlement From Software Company for Breached Student Data
- People Moves: Wong Named WCIRB Chief Information Officer
- 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
- As in Florida, Georgia Saw Big Jump in Lawsuits Ahead of Major Litigation Limits
- Fire Destroys Miami Heat Coach’s $6.5M Home in Coral Gables
- Coal Miners With Black Lung Say Government Cuts Are Suffocating the Working Man
- 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
- Texas Sues Roblox Over Alleged Exposure of Children to Sexually Explicit Content
- Texas Workers’ Compensation System Reports $12M Loss in 2024, Report Finds
- 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
- Snow Set to Wallop Chicago as Cold Blast Aims for East Coast
- Missouri DCI Tells Insurers to Halt Condo Policy Cancellations
- 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
National News
- Register: Risky Future AI Tools for MGAs ‘Demo Day’ on Nov. 12
- Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares
- What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
- Bipartisan Legislation Introduced to Retroactively Restore NFIP
- Flight Delays, Cancellations Accelerate as Air Traffic Controller Shortages Surge
- Onex CEO Sees Potential for More Insurance Deals After AIG Win
- MIT Grad Brothers Fraud Jury Unable to Reach a Verdict
East News
- Cornell Strikes Deal With White House to Restore Funding
- New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect
- Vermont Christian School Challenges State’s Education Funding as Discriminatory
- Four Indicted for Roles in New Jersey Home Invasion, Auto Theft Ring
- 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
Midwest News
- Snow Set to Wallop Chicago as Cold Blast Aims for East Coast
- Missouri DCI Tells Insurers to Halt Condo Policy Cancellations
- 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
The Category 5 hurricane made landfall last week in southwestern Jamaica, the nation's first major hurricane since 1988.
Texas / South Central News
- Texas Sues Roblox Over Alleged Exposure of Children to Sexually Explicit Content
- Texas Workers’ Compensation System Reports $12M Loss in 2024, Report Finds
- 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
Southeast News
- As in Florida, Georgia Saw Big Jump in Lawsuits Ahead of Major Litigation Limits
- Fire Destroys Miami Heat Coach’s $6.5M Home in Coral Gables
- Coal Miners With Black Lung Say Government Cuts Are Suffocating the Working Man
- 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
A rise in privacy litigation has motivated some insurers to take another look at the risk.
West News
- Crews Work to Fix Alaska Native Villages Devastated by Floods
- California Gets $3.2M Settlement From Software Company for Breached Student Data
- People Moves: Wong Named WCIRB Chief Information Officer
- 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
International & Reinsurance News
- Catastrophe Bonds Absorb ‘Black Swan’ Event Dealt by Melissa
- Japan Firms Win Big Benefits From Spending on Climate Resilience, CDP Says
- New Zealand Firefighters Say Tongariro Wildfire Is Coming Under Control
- Update: EU Warship Secures Tanker Crew Following Somali Pirate Attack
- Typhoon Set to Swing Toward Taiwan After Ripping Philippines
- People Moves: IUA Names Convex’s Butt as Chair as McDonald’s 2-Year Term Ends
Insurance Journal Blogs and Columns
- How EZLynx is Empowering the Next Generation of Insurance with AI
- 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
Quote of Note
"Insurance carriers are paying more attention to underwriting and selecting accounts they want to do business with and being very competitive on those."
More Quotes Brian F. Cooper, managing director, National Construction Practice, for Gallagher Construction Services in San Francisco.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $90.86 | +14.90% |
| Lemonade, Inc. | LMND | $78.87 | +5.13% |
| Hagerty, Inc. | HGTY | $12.94 | +4.10% |
| HCI Group, Inc. | HCI | $188.60 | +3.97% |
| Tiptree Inc. | TIPT | $19.10 | +3.86% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Erie Indemnity Company | ERIE | $277.63 | -2.53% |
| Heritage Insurance Holdings, Inc. | HRTG | $28.91 | -2.13% |
| Kinsale Capital Group, Inc. | KNSL | $391.07 | -1.79% |
| Ryan Specialty Holdings, Inc. | RYAN | $57.13 | -1.60% |
| American Coastal Insurance Corporation | ACIC | $11.97 | -1.40% |