The insured losses from Hurricane Isaias are shaping up to be less than feared.
The European Union is providing a new backstop to a war risk insurance program.
- Insurance Executive Killed His Wife, Daughter, Then Himself, NJ Township Police Say
- ‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected
- AI’s Water Strain Includes Surging Demand From Electricity Use
- Friend of Suspected FBI Data Thief: ‘Crazy’ Teen Warned Not to Hack Bureau
- Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules
- Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk
- NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge
- Eastern States’ Grocers Shut Online Systems After Cyberattack
- Retiree Helps Track Down Pennsylvania’s Abandoned Oil Wells
- Contractor Faces $255K Fine for 20-Year-Old Worker’s Death in Trench Collapse
- MEMIC Group to Send $17 Million Dividend to Employers
- AI Insiders Voice Alarms to NYC Council as Local Governments Take Up Safety Concerns
- Napa Wildfire Study Eyes Funding Prevention, Improving Insurance Availability
- Edison Drops on Willful Misconduct Allegations in Eaton Fire Case
- Las Vegas Business Owner Pleads Guilty in Staged Armed Robbery Fraud Scheme
- Homebuyers in Wildfire-Prone Areas Get Better Mortgage Deals Online
- PG&E Warns of Possible Weekend Power Shutoffs Amid Windy California Weather
- Will California’s New Smoke Claims Law Create a Recovery Bottleneck?
- Florida Supreme Court Approves Board Certification in Insurance Law
- ‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected
- Rider Dies, Others Hurt on Six Flags Roller Coaster in Georgia
- Supervisor’s Punching of Employees Enough for Tort Suit, NC Appeals Court Says
- Hurricane Isaias Reaches Cat 3 Status as Insurers, Adjusters, Property Owners Prepare
- PVC Pipes Swept Away by Helene Still Dominate Cleanup of NC River
- Etude Launches E&S Carrier with $100M Surplus
- SpaceX Plan to Launch 456 Starships a Year in Texas Under Review
- Texas Reports Homeowners and Auto Rate Decreases
- San Antonio Car Dealerships to Pay $430K In Sex Discrimination Lawsuit
- US Oil Producers Ramp Down Gulf Output 25% on Storm Isaias
- Texas Agency Sues to Stop Release of Data Center Records, Citing Terrorist Risk
- Etude Launches E&S Carrier with $100M Surplus
- RT FLEX Expands Across Property, Casualty, Construction, and Executive and Professional Liability Lines
- Trump’s Executive Order on Dyed Diesel Provides Little Relief for Farmers and Truckers
- Michigan Attorney General Sues State’s Blue Cross Health Insurer
- Ohio Contractor Sued for for Alleged Incomplete Home Improvements
- People Moves: Severino Joins Alliant’s Midwest Benefits Team; Doubtless Names Wiley as Regional President for North America
National News
- AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns
- CVS Settles Justice Department Case Over Opioid Prescriptions for $315M
- The Hartford Completes Deal for Equitable’s Employee Benefits Book
- AI’s Water Strain Includes Surging Demand From Electricity Use
- Friend of Suspected FBI Data Thief: ‘Crazy’ Teen Warned Not to Hack Bureau
- Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say
- Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk
- Tesla Faces Probe Over Claim of Robotaxis Speeding in School Zones
- Orbital Data Centers Risk Becoming Military Targets in Space
- FAA Tells US Airlines to Exercise Caution in Saudi Arabia Flights, Citing Safety Risks
East News
- NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge
- Eastern States’ Grocers Shut Online Systems After Cyberattack
- Retiree Helps Track Down Pennsylvania’s Abandoned Oil Wells
- Contractor Faces $255K Fine for 20-Year-Old Worker’s Death in Trench Collapse
- MEMIC Group to Send $17 Million Dividend to Employers
- AI Insiders Voice Alarms to NYC Council as Local Governments Take Up Safety Concerns
Midwest News
- Etude Launches E&S Carrier with $100M Surplus
- RT FLEX Expands Across Property, Casualty, Construction, and Executive and Professional Liability Lines
- Trump’s Executive Order on Dyed Diesel Provides Little Relief for Farmers and Truckers
- Michigan Attorney General Sues State’s Blue Cross Health Insurer
- Ohio Contractor Sued for for Alleged Incomplete Home Improvements
- People Moves: Severino Joins Alliant’s Midwest Benefits Team; Doubtless Names Wiley as Regional President for North America
Because smoke claims are typically high after wildfires, the new law will add to the already considerable workload.
Texas / South Central News
- Etude Launches E&S Carrier with $100M Surplus
- SpaceX Plan to Launch 456 Starships a Year in Texas Under Review
- Texas Reports Homeowners and Auto Rate Decreases
- San Antonio Car Dealerships to Pay $430K In Sex Discrimination Lawsuit
- US Oil Producers Ramp Down Gulf Output 25% on Storm Isaias
- Texas Agency Sues to Stop Release of Data Center Records, Citing Terrorist Risk
Southeast News
- Florida Supreme Court Approves Board Certification in Insurance Law
- ‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected
- Rider Dies, Others Hurt on Six Flags Roller Coaster in Georgia
- Supervisor’s Punching of Employees Enough for Tort Suit, NC Appeals Court Says
- Hurricane Isaias Reaches Cat 3 Status as Insurers, Adjusters, Property Owners Prepare
- PVC Pipes Swept Away by Helene Still Dominate Cleanup of NC River
ASOS said an “unauthorized party” impersonated a trusted contact.
West News
- Napa Wildfire Study Eyes Funding Prevention, Improving Insurance Availability
- Edison Drops on Willful Misconduct Allegations in Eaton Fire Case
- Las Vegas Business Owner Pleads Guilty in Staged Armed Robbery Fraud Scheme
- Homebuyers in Wildfire-Prone Areas Get Better Mortgage Deals Online
- PG&E Warns of Possible Weekend Power Shutoffs Amid Windy California Weather
- Will California’s New Smoke Claims Law Create a Recovery Bottleneck?
International & Reinsurance News
- EU Backs Ukraine War Risk Insurance as Market Rebounds
- Hackers Heat French Supermarket Fridges, Sparking Fires and Spoiling Food
- Iran Escalates Attacks on Ships, Threatening Oil Export Recovery
- Bulgaria Points to Russia as Drones Hit More Cargo Ships
- Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say
- FAA Tells US Airlines to Exercise Caution in Saudi Arabia Flights, Citing Safety Risks
Insurance Journal Blogs and Columns
- The Part of the Underwriting Workflow Where a $300,000 Mistake Hides
- What Operationally Consistent Client Service Actually Looks Like
- AI & Futurecasting: Preparing Work, Not Just Workers
- Turning MGA Growth into Staying Power
- How Certificate Automation Changes the Account Manager Workday
- The Agentic Agency: Changing How Agency Work Gets Done
Sponsored Newswire
- XPT Specialty Deploys Suite of AI Tools Across Wholesale Operation; Widens Market Access for Retail Agents on SME Accounts
- Quandri Launches AI Workflows, Expanding Beyond Renewals to Run Full P&C Agency Operations
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 |
|---|---|---|---|
| American Coastal Insurance Corporation | ACIC | $10.63 | +4.94% |
| Hagerty, Inc. | HGTY | $14.99 | +2.95% |
| Erie Indemnity Company | ERIE | $230.84 | +2.57% |
| Heritage Insurance Holdings, Inc. | HRTG | $36.21 | +2.35% |
| Universal Insurance Holdings, Inc. | UVE | $47.08 | +1.64% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Global Indemnity Group, LLC | GBLI | $23.45 | -3.58% |
| Presurance Holdings, Inc. | PRHI | $8.00 | -1.60% |
| AMERISAFE, Inc. | AMSF | $24.65 | -1.24% |
| Kingstone Companies, Inc. | KINS | $18.56 | -1.09% |
| Lemonade, Inc. | LMND | $44.71 | -0.97% |