Class-actions filed by a customer and an employee each seek $5 million in damages.
Watch out, insurance industry. A well-known cybercrime group appears to have pivoted.
- Weeks Later, Erie and Philadelphia Insurance Still Working to Restore Networks
- US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
- Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
- Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers
- DeSantis Signs Law Giving Condo Owners Some Relief, But Questions Remain
- Tesla Sued Over Model S Crash That Killed Three in New Jersey
- MIT Sued by Student, Instructor Claiming Campus Antisemitism
- Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam
- Tesla Sued Over Model S Crash That Killed Three in New Jersey
- Pennsylvania Senior Citizens Warned of Financial Scam
- People Moves: MAPFRE USA Names Pasko; Roosevelt Road Appoints Cook
- DC Sues 4 Drivers With 1,000 Outstanding Traffic Violations
- Judge Says California FAIR Plan Violating Law, Industry Also Fighting Consumer Group Suit
- USC Basketball Star Alijah Arenas Recounts Tesla Cybertruck Crash
- Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application
- HEMIC to Act as a Servicing Facility for Hawaii Hurricane Relief Fund
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
- Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
- Florida Citizens Moves to Have Commercial Claims Disputes Decided by DOAH
- A Shrinking FEMA Puts Lake Town’s Rebuilding Plans in Limbo
- Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft
- US Declares Power Emergency in Southeast on Heat Wave
- First Tropical Storm of 2025 Season Weakens in Atlantic
- Inszone Acquires Texas’ Osterts and Associates
- SpaceX Polluted Border Area, Mexican President Sheinbaum Says
- Texas THC Industry Welcomes More Regulations With Ban Off the Table
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Louisiana Attorney General Sues CVS for Deceptive Practices
- Scientists Crush and Analyze Hailstones in First-of-its-Kind Study
- Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance
- Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud
- Telemarketing Firm to Pay $85K Over Discrimination at Ohio Location
- First Financial to Acquire Westfield Bancorp From Ohio Farmers
- Ryan Transactional Risk Launches Environmental Practice Product
- People Moves: Holmes Murphy Announces New Shareholders
National News
- US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
- Microsoft Sued by Authors Over Use of Books in AI Training
- Viewpoint: Cyber Is a Product for Everyone, so Let’s Start Acting Like it
- Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB
- Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States
- Meta Fends Off Authors’ Copyright Lawsuit Over AI
East News
- MIT Sued by Student, Instructor Claiming Campus Antisemitism
- Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam
- Tesla Sued Over Model S Crash That Killed Three in New Jersey
- Pennsylvania Senior Citizens Warned of Financial Scam
- People Moves: MAPFRE USA Names Pasko; Roosevelt Road Appoints Cook
- DC Sues 4 Drivers With 1,000 Outstanding Traffic Violations
Midwest News
- Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance
- Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud
- Telemarketing Firm to Pay $85K Over Discrimination at Ohio Location
- First Financial to Acquire Westfield Bancorp From Ohio Farmers
- Ryan Transactional Risk Launches Environmental Practice Product
- People Moves: Holmes Murphy Announces New Shareholders
The state-run insurer has decided to no longer include adjusters as co-payees on insurance claims payouts
Texas / South Central News
- Inszone Acquires Texas’ Osterts and Associates
- SpaceX Polluted Border Area, Mexican President Sheinbaum Says
- Texas THC Industry Welcomes More Regulations With Ban Off the Table
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Louisiana Attorney General Sues CVS for Deceptive Practices
- Scientists Crush and Analyze Hailstones in First-of-its-Kind Study
Southeast News
- Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
- Florida Citizens Moves to Have Commercial Claims Disputes Decided by DOAH
- A Shrinking FEMA Puts Lake Town’s Rebuilding Plans in Limbo
- Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft
- US Declares Power Emergency in Southeast on Heat Wave
- First Tropical Storm of 2025 Season Weakens in Atlantic
The deadly plane crash will shock waves through the aviation insurance industry.
West News
- Judge Says California FAIR Plan Violates Law; Industry Fights Consumer Group Suit
- USC Basketball Star Alijah Arenas Recounts Tesla Cybertruck Crash
- Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application
- HEMIC to Act as a Servicing Facility for Hawaii Hurricane Relief Fund
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
International & Reinsurance News
- Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report
- Cyberattack on UK Health Firm Contributed to Patient Death
- France Orders Extra 800,000 Cars off Road Over Takata Airbag Scandal
- EU Revamps Regulations for Expanding Space Market
- Heat Wave Threatens Power Output and Wildfires Across Europe
- Billionaire Richard Li’s FWD Group Seeks to Raise $442 Million in Hong Kong IPO
- People Moves: Covéa Group Names Petit CEO as Derez Becomes Chairman; Howden UK & Ireland Appoints Kennedy to Succeed Shuker as CEO
Insurance Journal Blogs and Columns
- Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance
- Move Over Mainframes: What Modern Hierarchy Management Looks Like and Why It Matters
- Leading MGA Goes Live on Expert Insured
- Translating the real meaning of risk in Cotality’s 2025 Hurricane Risk Report
- Tariffs and P&C Insurance: Potential Impacts and Innovative Solutions for Continued Profitability
- Speed Is King: Using Hierarchies to Accelerate Onboarding and Scale Efficiently
Sponsored Newswire
More Sponsored NewswiresQuote of Note
Ransomware has become a scourge on nearly every facet of our lives, and it's a prime example of the vulnerabilities that are emerging as our digital and our physical infrastructure increasingly converge.
More Quotes Jen Easterly, director of the Cybersecurity and Infrastructure Security Agency.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Donegal Group Inc. | DGIC.A | $19.52 | +0.88% |
| ProAssurance Corporation | PRA | $22.85 | -0.22% |
| Hagerty, Inc. | HGTY | $10.04 | -0.30% |
| HCI Group, Inc. | HCI | $148.62 | -0.50% |
| NI Holdings, Inc. | NODK | $12.82 | -0.77% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $122.33 | -8.74% |
| Lemonade, Inc. | LMND | $41.10 | -8.52% |
| Goosehead Insurance, Inc | GSHD | $96.80 | -6.40% |
| Palomar Holdings, Inc. | PLMR | $151.26 | -5.47% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $56.22 | -4.37% |