As rates soften and premium growth moderates, AM Best revised its outlook.
The deal will create one of the largest independent agency platforms in the U.S.
- Baldwin Group to Buy CAC Group for About $1B in Cash and Stock
- In Alabama, Shot Employee Gets No Workers’ Comp and No Employer’s Liability
- Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think
- State Farm Sued Over Policies Backed by Distressed Insurer PHL
- Landlords Hit With $21.5M Verdict for Hiring Sex Offender Who Set Tenants on Fire
- Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge
- Landlords Hit With $21.5M Verdict for Hiring Sex Offender Who Set Tenants on Fire
- Why Maine Opposes New Limits on Truck Driver’s Licenses for Legal Immigrants
- People Moves: Former Vermont Captive Regulator Bigglestone Joins SRS
- Luigi Mangione’s Arrest Videos Played at Hearings Over Insurance Executive’s Killing
- ‘Amazon Now’ to Deliver Essentials, Groceries in 30 Minutes in Seattle, Philadelphia
- Starbucks to Pay $38.9 Million to Settle NYC Probe Over Worker Schedules
- Four Convicted of Collision Fraud Involving a Rideshare Driver in California
- Report Asks Washington Lawmakers to Require Insurers to Better Track Wildfire Risk
- ‘Amazon Now’ to Deliver Essentials, Groceries in 30 Minutes in Seattle, Philadelphia
- Marsh McLennan Agency Acquires Three Brokerages in Hawaii
- Mobile App Maker to Pay $1.4M for Violating California’s Privacy Law
- San Francisco Sues Kraft, Coca-Cola Over Ultra-Processed Foods
- Victims’ Families to Sue for Wrongful Death Over UPS Cargo Jet Crash
- Flood Quotes Aims to Make it Easier for Agents to Compare Premiums and Bind Policies
- People Moves: Simplifai, Providing AI for Claims, Names New Board Members
- Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say
- In Alabama, Shot Employee Gets No Workers’ Comp and No Employer’s Liability
- Two Killed, 10 Displaced in Savannah Apartment Complex Fire
- Uber Teams with Avride to Offer Robotaxi Rides in Dallas in Latest Expansion
- Texas Lawmakers Criticize Local Leaders for Rejecting Flood Warning System Funding
- People Moves: Brown & Riding Names McKeon to Underwriting & Selection Accounts
- Louisiana Department of Insurance Holds Pop-Up Office in Lake Charles
- Texas Adds ID Restrictions on Vehicle Registrations, Renewals
- Shein Faces Texas Probe Over Alleged Violations of Labor Laws and Product Safety
- Lawsuit Alleges USA Gymnastics and SafeSport Failed to Stop Sexual Abuse at Iowa Academy
- Kansas Saves Elders About $5M from Financial Exploitation with New Legislation
- Illinois Attorney General Announces $120M Settlement With Monsanto
- RSUM Rebrands NAPL as Ryan Financial Lines
- CME Data Center Bolsters Backup Cooling After 10-Hour Outage
- Missouri AG Secures $60K Restitution Judgment in Roofing Fraud Case
National News
- Baldwin Group to Buy CAC Group for About $1B in Cash and Stock
- Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think
- Tech Industry Drive to Block State AI Laws Hits Wall in Congress
- People Moves: Former Vermont Captive Regulator Bigglestone Joins SRS
- State Farm Sued Over Policies Backed by Distressed Insurer PHL
- People Moves: Demex Promotes Anderson to CEO, Coleman to President; Fumarola Coalition’s Chief Product Officer; Everest Names Habayeb CFO
- Rivian to Recall Nearly 35,000 Delivery Vans Over Seat Belt Issue
East News
- Landlords Hit With $21.5M Verdict for Hiring Sex Offender Who Set Tenants on Fire
- Why Maine Opposes New Limits on Truck Driver’s Licenses for Legal Immigrants
- People Moves: Former Vermont Captive Regulator Bigglestone Joins SRS
- Luigi Mangione’s Arrest Videos Played at Hearings Over Insurance Executive’s Killing
- ‘Amazon Now’ to Deliver Essentials, Groceries in 30 Minutes in Seattle, Philadelphia
- Starbucks to Pay $38.9 Million to Settle NYC Probe Over Worker Schedules
Midwest News
- Lawsuit Alleges USA Gymnastics and SafeSport Failed to Stop Sexual Abuse at Iowa Academy
- Kansas Saves Elders About $5M from Financial Exploitation with New Legislation
- Illinois Attorney General Announces $120M Settlement With Monsanto
- RSUM Rebrands NAPL as Ryan Financial Lines
- CME Data Center Bolsters Backup Cooling After 10-Hour Outage
- Missouri AG Secures $60K Restitution Judgment in Roofing Fraud Case
North Carolina is rewarding homeowners and their insurer for installing “super roofs.”
Texas / South Central News
- Uber Teams with Avride to Offer Robotaxi Rides in Dallas in Latest Expansion
- Texas Lawmakers Criticize Local Leaders for Rejecting Flood Warning System Funding
- People Moves: Brown & Riding Names McKeon to Underwriting & Selection Accounts
- Louisiana Department of Insurance Holds Pop-Up Office in Lake Charles
- Texas Adds ID Restrictions on Vehicle Registrations, Renewals
- Shein Faces Texas Probe Over Alleged Violations of Labor Laws and Product Safety
Southeast News
- Victims’ Families to Sue for Wrongful Death Over UPS Cargo Jet Crash
- Flood Quotes Aims to Make it Easier for Agents to Compare Premiums and Bind Policies
- People Moves: Simplifai, Providing AI for Claims, Names New Board Members
- Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say
- In Alabama, Shot Employee Gets No Workers’ Comp and No Employer’s Liability
- Two Killed, 10 Displaced in Savannah Apartment Complex Fire
Insurance rates are surging after Ukrainian attacks on vessels with links to Moscow.
West News
- Four Convicted of Collision Fraud Involving a Rideshare Driver in California
- Report Asks Washington Lawmakers to Require Insurers to Better Track Wildfire Risk
- ‘Amazon Now’ to Deliver Essentials, Groceries in 30 Minutes in Seattle, Philadelphia
- Marsh McLennan Agency Acquires Three Brokerages in Hawaii
- Mobile App Maker to Pay $1.4M for Violating California’s Privacy Law
- San Francisco Sues Kraft, Coca-Cola Over Ultra-Processed Foods
International & Reinsurance News
- Airline Pilots Hide Mental Health Struggles to Keep Flying
- Black Sea War Risk Insurance Soars 250% After Ship Attacks
- Bank of England Sees Rising Financial Risks From AI and Lending
- Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think
- Asurion Agrees to Buy CVC-Backed UK Warranty Provider D&G
- Japan’s Asahi Aims to Restore Logistics by February Following Cyberattack
- EU Vets Assess Barcelona Swine Fever Outbreak as Cases Rise to Nine
Insurance Journal Blogs and Columns
- Unlocking the Future Workforce in High School: The Impact of Emerging Talent Programs and Local Industry Engagement
- The EZLynx Solutions Insurance Agents Love Most
- AI + Human BPO: The New Model for Insurance Process Automation
- A Message from Rob Bourne, New General Manager of EZLynx
- Protecting Drivers and Getting the Truth on Tape – What’s Brewing Podcast (Season 2 | Episode 17)
- Designing for Impact: How Evidence-Based Instructional Design Ensures Measurable Learning in Insurance and Risk Education
Sponsored Newswire
- Alta Risk Earns Top Score for DUAE Performance Assessment
- Strategic Underwriter Bridges Gap for Broker, Securing Critical Coverage for Complex Industrial Risk
Quote of Note
"What NotPetya really laid bare was this idea that if you're selling a half-baked cyber coverage grant inside of some other policy, you're playing with fire. And if you're an insured, you're not buying a product that's fit for purpose."
More Quotes Conan Ward, president of MGA/MGU Operations at QOMPLX.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $77.53 | +4.77% |
| Root, Inc. | ROOT | $81.50 | +3.24% |
| James River Group Holdings, Inc. | JRVR | $5.89 | +2.97% |
| Global Indemnity Group, LLC | GBLI | $28.28 | +2.91% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $18.98 | +2.48% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Hippo Holdings Inc. | HIPO | $32.75 | -2.36% |
| Kinsale Capital Group, Inc. | KNSL | $381.26 | -1.32% |
| Trupanion, Inc. | TRUP | $35.08 | -0.79% |
| Heritage Insurance Holdings, Inc. | HRTG | $28.62 | -0.69% |
| Arthur J. Gallagher & Co. | AJG | $248.52 | -0.69% |