AM Best warned the event could have a longer tail as threat actors may wait to act.
The latest in a slew of security incidents is the largest to hit the digital-asset industry.
- Binance Estimates $6.3 Billion Hacked in Crypto’s Biggest-Ever Heist
- Japan’s Cyberattack Surge Tests Its Push to Strengthen Defenses
- Miami Beach Buildings Sinking at Different Rates, Due to Construction, Study Finds
- Yellow Furball Mascot Liberty Biberty Sparks ‘Beautiful’ Protest. Seriously?
- More Florida Insurers Announce Rate Cuts for Auto, Homeowners, Condo Units
- GM to Pay $220M to Settle Privacy Claims Over Sale of Driver Data to Insurers
- New York State Bans ‘Unsafe’ Chatbots for Kids as States Push AI Regulation Limits
- Pennsylvania Law Addresses Flood Risk Disclosure by Home Sellers
- NY Project Tests Whether Larger Batteries Can Safely Power Residential Buildings
- Father and Son Charged With Running ‘Chop-Shop,’ Selling Stolen Cars, Insurance Fraud
- Columbia University Opens Claims for $16 Million Data Breach Settlement
- Town Appeals Denial of Insurance for $11M Judgment Over Political Closing of Quarry
- Colorado’s Glaciers Thinned Dramatically Due to Record Low Snow And Heat This Year
- Lyft to Pay $1.8 Million to Settle California Privacy Allegations
- Nippon Dynawave Faces $77,800 in Fines After Worker Falls into Hot Pulp Sinkhole
- Screwworm Reaches Arizona for First Time as Outbreak Spreads
- California Braces for Floods as Atmospheric River Threatens
- LA Wildfire Smoke Exposed 7 Million to Dangerous Toxic Metals
- King Tides Inundate Streets and Flood Homes and Businesses on Both US Coasts
- Miami Beach Buildings Sinking at Different Rates, Due to Construction, Study Finds
- Fire Briefly Triggers Emergency at SC Lab on Former Nuclear Weapons Site
- Florida Property-Tax Ballot Measure Threatens to Defund the Police
- Florida Men Charged With Creating Sham Insurance Now Face Federal Indictment
- WV AG Says He’s Investigating Environmental Groups Over ‘Deceptive’ Acts
- Trump to End Restrictions on Methane From Oil and Gas Drilling
- Rainier Partners Acquires Texas MGA Platform Apex
- Screwworm Reaches Arizona for First Time as Outbreak Spreads
- Texas Volunteer Firefighter Charged With Arson
- Border Crossing Opens With Tighter Checks for Screwworm
- Marine Life Declined in Gulf of Mexico After BP Oil Spill, Study Finds
- EPA Response to 2023 Ohio Train Derailment Will be Investigated
- AM Best Upgrades Credit Ratings of Kansas’ Upland Mutual
- Midwest Gasoline Supplies Hit Lowest On Record As Election Nears
- People Moves: Big I of Illinois Names Leming as President
- DOJ Recovers $604K in Back Wages from Indiana Auto Parts Manufacturer
- People Moves: CM Vantage Appoints Finnegan as Managing Director, Casualty; Alliant Adds Sprangler to Midwest Benefits Team
National News
- GM to Pay $220M to Settle Privacy Claims Over Sale of Driver Data to Insurers
- Record Binance Hack Shows No Crypto Firm Is Too Big to Breach
- Hippo Continues to Diversify Portfolio in Q3 With Casualty, Commercial
- Bayer Wins Roundup Weedkiller Cancer Trial While Awaiting Settlement Ruling
- Zillow to Pay $212.5 Million to Settle Class Action Over Failed Venture
- Trump Administration Sued Over Rollback of Corporate Ownership Reporting Rules
- Study: 75% of Ex-NFL Players Who Died Between 2008 and 2023 Had CTE
- Markets & Coverages: Aon and SAGE to Use AI to More Precisely Price Crop Insurance
East News
- New York State Bans ‘Unsafe’ Chatbots for Kids as States Push AI Regulation Limits
- Pennsylvania Law Addresses Flood Risk Disclosure by Home Sellers
- NY Project Tests Whether Larger Batteries Can Safely Power Residential Buildings
- Father and Son Charged With Running ‘Chop-Shop,’ Selling Stolen Cars, Insurance Fraud
- Columbia University Opens Claims for $16 Million Data Breach Settlement
- Town Appeals Denial of Insurance for $11M Judgment Over Political Closing of Quarry
Midwest News
- EPA Response to 2023 Ohio Train Derailment Will be Investigated
- AM Best Upgrades Credit Ratings of Kansas’ Upland Mutual
- Midwest Gasoline Supplies Hit Lowest On Record As Election Nears
- People Moves: Big I of Illinois Names Leming as President
- DOJ Recovers $604K in Back Wages from Indiana Auto Parts Manufacturer
- People Moves: CM Vantage Appoints Finnegan as Managing Director, Casualty; Alliant Adds Sprangler to Midwest Benefits Team
Truckers say their insurance bills have been climbing, straining their balance sheets.
Texas / South Central News
- Louisiana Man Arrested for Auto Insurance Fraud
- Trump to End Restrictions on Methane From Oil and Gas Drilling
- Rainier Partners Acquires Texas MGA Platform Apex
- Screwworm Reaches Arizona for First Time as Outbreak Spreads
- Texas Volunteer Firefighter Charged With Arson
- Border Crossing Opens With Tighter Checks for Screwworm
Southeast News
- King Tides Inundate Streets and Flood Homes and Businesses on Both US Coasts
- Miami Beach Buildings Sinking at Different Rates, Due to Construction, Study Finds
- Fire Briefly Triggers Emergency at SC Lab on Former Nuclear Weapons Site
- Florida Property-Tax Ballot Measure Threatens to Defund the Police
- Florida Men Charged With Creating Sham Insurance Now Face Federal Indictment
- WV AG Says He’s Investigating Environmental Groups Over ‘Deceptive’ Acts
Some of South Korea’s major financial investment companies suffered widespread hacking.
West News
- Colorado’s Glaciers Thinned Dramatically Due to Record Low Snow And Heat This Year
- Lyft to Pay $1.8 Million to Settle California Privacy Allegations
- Nippon Dynawave Faces $77,800 in Fines After Worker Falls into Hot Pulp Sinkhole
- Screwworm Reaches Arizona for First Time as Outbreak Spreads
- California Braces for Floods as Atmospheric River Threatens
- LA Wildfire Smoke Exposed 7 Million to Dangerous Toxic Metals
International & Reinsurance News
- Binance Estimates $6.3 Billion Hacked in Crypto’s Biggest-Ever Heist
- Greek Container Ship Sinks After Drone Attack off Bulgaria
- Japan’s Cyberattack Surge Tests Its Push to Strengthen Defenses
- HSBC Seeks to Hedge Data Center Debt With Credit Risk Insurance
- Barclays Turns to Insurers to Hedge Billions of Data Center Debt
- Who Was to Blame for Hong Kong’s Deadly 2025 Fire?
- Greek PM Calls for Global Maritime Truce After Greek Ship Sunk in Drone Attack
- Canada’s Biggest Banks Move to Limit AI Agents, Citing Risk
Insurance Journal Blogs and Columns
- Trucordia streamlined insurance workflows to give staff time back
- Evaluating Commercial Replacement Cost Estimates: Beyond the Numbers Finale
- Why the Operation That Worked at $50M Breaks at $150M
- Evaluating Commercial Replacement Cost Estimates: Beyond the Numbers Part 2
- The Last Manual Frontier: Why Claims Automation Stalls at the Supplement
- How AI is Changing Insurance Document Research
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 |
|---|---|---|---|
| Ategrity Specialty Insurance Company Holdings | ASIC | $24.40 | +5.08% |
| Heritage Insurance Holdings, Inc. | HRTG | $36.14 | +4.06% |
| Universal Insurance Holdings, Inc. | UVE | $47.56 | +3.44% |
| Orion180 Insurance Group Inc. | OIG | $9.84 | +3.25% |
| Root, Inc. | ROOT | $53.73 | +3.13% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| AMERISAFE, Inc. | AMSF | $23.09 | -8.74% |
| Employers Holdings, Inc. | EIG | $49.08 | -4.53% |
| Neptune Insurance Holdings Inc. | NP | $28.81 | -2.27% |
| Hippo Holdings Inc. | HIPO | $37.16 | -1.46% |
| TWFG, Inc. | TWFG | $27.15 | -0.48% |