The next 12 months will tell the story, according to a new report from AM Best.
Allstate’s Large Language Intelligent Ecosystem is the next step of its strategy.
- Brown & Brown EVP and Retail Head Steps Down With $2.5M Severance Pay
- Lindberg’s Right-Hand Man Sentenced to Two Years After Cooperating With Prosecutors
- UnitedHealth Investor Suit Alleges Security, Governance Lapses
- US Climate Prediction Center Sees 69% Chance of Historic El Niño
- Hacking Group Claims Mass Data Theft From Shell, Philips, GE, Fiserv, Others
- AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says
- Harvard Wins Dismissal of US Suit Over Campus Antisemitism
- NJ School Board Not Liable for Boy’s Shooting at Football Game With No Metal Detector
- Safety Agency Reports on 2025 Blast at Pennsylvania Steel Plant That Killed 2
- Aon’s NFP Buys Cannabis Business From Frontier Risk
- Report Says Firefighting Tactics at Maine Lumber Mill Inadvertently Aided Deadly Blast
- Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children
- California Advances Bill to Expand Antitrust Enforcement Law
- People Moves: IMA Appoints Schwartz New Leader for Washington Market
- Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
- Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
- Inszone Insurance Acquires Two Fong’s in California
- Edison Judge Balks at Holding Utility Liable for LA Wildfire
- Lindberg’s Right-Hand Man Sentenced to Two Years After Cooperating With Prosecutors
- Thoma Bravo to Take Accelerant Private in $4 Billion Deal
- WV Fire Commission Has Failed to Make Plan to Address High Fire Death Rate
- Atlanta Airport Taps Munis for $1.1 Billion Mega Bond Sale
- People: Rivera Named President of FSLA at Convention
- Brown & Brown EVP and Retail Head Steps Down With $2.5M Severance Pay
- Legal Battles Expected Over Corpus Christi’s Water Rate Referendum
- Dallas-Based Bus Companies Settle Allegations of PPP Loan Violations for $3.9M
- People Moves: IMA Expands Private Equity and M&A Practice
- Texas Trial Lawyers, Once a Democratic Force, Regain Clout in GOP
- Officials Urge Gulf Coast Beachgoers to Beware of Deadly Bacterial Infections
- Delta-8 Among Products Banned as Texas THC Suit Continues
- Midwest States Grapple With Recovery From Latest Severe Storms
- Kansas Woman Sentenced to Probation for Insurance Fraud
- People Moves: Lockton Names Knop as Yacht Practice Leader
- Sunstar Acquires Minnesota’s RJR Faribo Insurance Agency
- Washington University in St. Louis Sued for Retaliation
- Marsh McLennan Agency Acquires Iowa’s Accel Holdings
National News
- Almost All Top US Companies Had Board Diversity Rules. Now Most Are Gone
- Hacking Group Claims Mass Data Theft From Shell, Philips, GE, Fiserv, Others
- Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says
- US Climate Prediction Center Sees 69% Chance of Historic El Niño
- Cargo Thefts Drop in Q2 but Losses More Than Double
- Markets/Coverages: AIG Starts Parametric Cloud Outage Solution
- EEOC Says Nike Complied With Subpoena, Drops Lawsuit
- Thoma Bravo to Take Accelerant Private in $4 Billion Deal
East News
- Harvard Wins Dismissal of US Suit Over Campus Antisemitism
- NJ School Board Not Liable for Boy’s Shooting at Football Game With No Metal Detector
- Safety Agency Reports on 2025 Blast at Pennsylvania Steel Plant That Killed 2
- Aon’s NFP Buys Cannabis Business From Frontier Risk
- Report Says Firefighting Tactics at Maine Lumber Mill Inadvertently Aided Deadly Blast
- Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children
Midwest News
- Midwest States Grapple With Recovery From Latest Severe Storms
- Kansas Woman Sentenced to Probation for Insurance Fraud
- People Moves: Lockton Names Knop as Yacht Practice Leader
- Sunstar Acquires Minnesota’s RJR Faribo Insurance Agency
- Washington University in St. Louis Sued for Retaliation
- Marsh McLennan Agency Acquires Iowa’s Accel Holdings
Illinois leaders have pushed lawmakers to give the department more authority.
Texas / South Central News
- Legal Battles Expected Over Corpus Christi’s Water Rate Referendum
- Dallas-Based Bus Companies Settle Allegations of PPP Loan Violations for $3.9M
- People Moves: IMA Expands Private Equity and M&A Practice
- Texas Trial Lawyers, Once a Democratic Force, Regain Clout in GOP
- Officials Urge Gulf Coast Beachgoers to Beware of Deadly Bacterial Infections
- Delta-8 Among Products Banned as Texas THC Suit Continues
Southeast News
- Seven People Charged in $100M Workers’ Compensation Fraud Operation in Florida
- Lindberg’s Right-Hand Man Sentenced to Two Years After Cooperating With Prosecutors
- Thoma Bravo to Take Accelerant Private in $4 Billion Deal
- WV Fire Commission Has Failed to Make Plan to Address High Fire Death Rate
- Atlanta Airport Taps Munis for $1.1 Billion Mega Bond Sale
- People: Rivera Named President of FSLA at Convention
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- Hawaii Faces Rare Hurricane Strike as Storms Batter Indiana
- California Advances Bill to Expand Antitrust Enforcement Law
- People Moves: IMA Appoints Schwartz New Leader for Washington Market
- Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
- Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
- Inszone Insurance Acquires Two Fong’s in California
International & Reinsurance News
- Hacking Group Claims Mass Data Theft From Shell, Philips, GE, Fiserv, Others
- Two Slicks Appear in Gulf as Huge Oil Spill off Oman Threatens Disaster
- Crypto Firm Trezor Says Data Breach Exposed Thousands of Clients
- Germany Evacuates Nearly 2,000 People as Wildfire Spreads in the West
- France Evacuates 525 People as New Wildfire Hits Pine Woods in Southwest
- UK’s Aviva CEO Says Profit Target Is Safe Despite Fires in UK, Canada
Insurance Journal Blogs and Columns
- How Small Agencies Can Win in Commercial Lines Quoting
- Inside the Risk & Insurance Education Alliance’s Workforce Strategy: What We Learned About Leading a Remote Team
- Why Brokerages Are Adding Workflow Layers Without Replacing Their AMS
- Stay in Your Lane – Part 1
- 7 Ways to Put AI to Work in Your Agency (Without a Tech Team)
- 5 Strategic Tradeoffs MGAs Are Navigating
Sponsored Newswire
- First Cap Property Insurance Solutions Continues Expanding California Homeowners Insurance
- eMaxx Broadens Access to Excess Variable Cost Captive Insurance Program through eMaxx Reciprocal Insurance Exchange
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 |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $5.37 | +28.97% |
| American Integrity Insurance Group, Inc. | AII | $24.00 | +4.76% |
| Neptune Insurance Holdings Inc. | NP | $32.07 | +4.22% |
| Root, Inc. | ROOT | $49.83 | +3.23% |
| Slide Insurance Holdings, Inc. | SLDE | $21.59 | +3.01% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| AMERISAFE, Inc. | AMSF | $27.20 | -2.40% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $58.98 | -1.91% |
| Erie Indemnity Company | ERIE | $255.83 | -0.91% |
| Arthur J. Gallagher & Co. | AJG | $253.49 | -0.77% |
| Kingstone Companies, Inc. | KINS | $19.47 | -0.76% |