AWS resolved the issues that plagued its services for about 15 hours on Oct. 20.
Robbers with disc grinders took necklaces, tiaras and earrings from the Louvre.
- Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3
- AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Best Agency to Work For – Overall Winner: Robertson Ryan Insurance
- Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot
- Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Supreme Court Declines to Revive Mumps Vaccine Antitrust Case Against Merck
- Driver Crashes Into Birthday Party Killing Woman and Injuring 8 Kids in Maryland
- New Hampshire Youth Centers Seeking Coverage for Child Abuse Claims Sue Insurer
- New York Construction Firm to Pay $1.4M to Workers for Violating Their Rights
- New York Workers’ Comp Board to Close Two Virtual-Only Locations
- Airline Emergency Landing in Utah Likely Caused by Weather Balloon Collision
- What to Know About Recovery Efforts in Alaska Following Storm
- Authorities Investigating Death of Rail Conductor Struck by Train in Montana
- Colorado’s Regulator Warns Insurers About Auto Shops Waiving Deductibles
- People Moves: Pyfrom Named Starwind Cannabis EVP of Sales and Distribution; Golden Bear Adds Witherspoon As Lawyers Professional Liability Team Lead
- Most Arizona DOI Cases Are Personal Lines And Over Claims Handling
- Liberty Mutual Signs on as Title Sponsor for Music City Bowl in Nashville
- NC Commissioner Meets With Residents After More Homes Fall into Ocean
- Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company
- Florida AG Issues Criminal Subpoenas for Roblox, Says Platform Puts Children at Risk
- North Carolina Supreme Court Lets Stand Greg Lindberg’s Civil Fraud Liability
- Homeowners Facing Big Deductibles? Mission Says it Has a Buyback Plan for That
- Plan to Pump Billions of Gallons From East Texas Appears on Hold
- Cards Against Humanity and SpaceX Reach Settlement in Texas Land Dispute
- Louisiana Judge Invalidates Permit for LNG Facility, Orders Review of Climate Impact
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- Texas Residents to Vote on $20B Package to Secure State’s Water Supply
- Amazon Delivery Firms Are Bailing Amid Rising Costs, Meager Profit
- Iowa Man Charged with Public Adjusting Without a License
- Kansas Man Sentenced for Insurance Fraud
- Plane Returns to Nebraska Airport After Cockpit Misinterpretation
- Rockford Mutual Launches Commercial Auto in Michigan
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- World Acquires Wisconsin’s Green Bay Insurance Center
National News
- Rotting Apple: Berkley Explains Property Market, Company Appetite
- Reddit Sues Perplexity, Others Over Alleged Data Scraping
- Markets/Coverages: Verisk Offers Insurers a Standardized Pet Insurance Program
- AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
- Best Agency to Work For – Overall Winner: Robertson Ryan Insurance
- US Saw Record $101 Billion in Weather Losses Through June
- Grounded Paychecks: 60,000 Air Safety Workers Tighten Belts as US Shutdown Drags
East News
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Supreme Court Declines to Revive Mumps Vaccine Antitrust Case Against Merck
- Driver Crashes Into Birthday Party Killing Woman and Injuring 8 Kids in Maryland
- New Hampshire Youth Centers Seeking Coverage for Child Abuse Claims Sue Insurer
- New York Construction Firm to Pay $1.4M to Workers for Violating Their Rights
- New York Workers’ Comp Board to Close Two Virtual-Only Locations
Midwest News
- Iowa Man Charged with Public Adjusting Without a License
- Kansas Man Sentenced for Insurance Fraud
- Plane Returns to Nebraska Airport After Cockpit Misinterpretation
- Rockford Mutual Launches Commercial Auto in Michigan
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- World Acquires Wisconsin’s Green Bay Insurance Center
A jury found the company liable to the family of a woman who died from mesothelioma.
Texas / South Central News
- Plan to Pump Billions of Gallons From East Texas Appears on Hold
- Cards Against Humanity and SpaceX Reach Settlement in Texas Land Dispute
- Louisiana Judge Invalidates Permit for LNG Facility, Orders Review of Climate Impact
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- Texas Residents to Vote on $20B Package to Secure State’s Water Supply
- Amazon Delivery Firms Are Bailing Amid Rising Costs, Meager Profit
Southeast News
- Liberty Mutual Signs on as Title Sponsor for Music City Bowl in Nashville
- NC Commissioner Meets With Residents After More Homes Fall into Ocean
- Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company
- Florida AG Issues Criminal Subpoenas for Roblox, Says Platform Puts Children at Risk
- North Carolina Supreme Court Lets Stand Greg Lindberg’s Civil Fraud Liability
- Homeowners Facing Big Deductibles? Mission Says it Has a Buyback Plan for That
The rise of catastrophe bonds may now be eroding the market share of reinsurers.
West News
- Airline Emergency Landing in Utah Likely Caused by Weather Balloon Collision
- What to Know About Recovery Efforts in Alaska Following Storm
- Authorities Investigating Death of Rail Conductor Struck by Train in Montana
- Colorado’s Regulator Warns Insurers About Auto Shops Waiving Deductibles
- People Moves: Pyfrom Named Starwind Cannabis EVP of Sales and Distribution; Golden Bear Adds Witherspoon As Lawyers Professional Liability Team Lead
- Most Arizona DOI Cases Are Personal Lines And Over Claims Handling
International & Reinsurance News
- Jaguar Land Rover Hack Cost UK Economy $2.5 Billion, Report Says
- Jewelry Stolen From Louvre Valued at 88 Million Euros, Paris Prosecutor Says
- Apple Attacks EU Crackdown in Digital Law’s Biggest Court Test
- Australia Tells AI Chatbot Companies to Detail Child Protection Steps
- Baidu to Bring Robotaxis Without Steering Wheels to Switzerland
- Britain Will Make it Easier to Fine Water Firms for Pollution
- People Moves: Zurich’s BOXX Insurance Names Key Appointments in Distribution, Underwriting, Claims; HDI Global Appoints Smart to Lead Global Bloodstock & Equine
Insurance Journal Blogs and Columns
- Why Ethics CE Matters: Strengthening Professional Standards in Insurance
- A Lost Art: The Submission Letter
- Death and Insurance (Not Taxes), Part 2
- World Acquires Indiana’s ACB
- External Threat: Protecting Your Property when the Fire Starts Outside
- Economic Uncertainty and Annuities Go Hand and Hand
Quote of Note
"In 2008, you could have probably sat the whole of the London M&A insurance community round a meeting room table. Now there are more than 300 people in that market."
More Quotes Adrian Furlonge, partner at M&A insurance broker Helmsley Wynne Furlonge.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American Integrity Insurance Group, Inc. | AII | $22.94 | +2.46% |
| Heritage Insurance Holdings, Inc. | HRTG | $23.38 | +2.23% |
| HCI Group, Inc. | HCI | $200.98 | +2.06% |
| Arthur J. Gallagher & Co. | AJG | $283.04 | +1.44% |
| Hippo Holdings Inc. | HIPO | $35.37 | +1.32% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| TWFG, Inc. | TWFG | $25.48 | -4.21% |
| Selective Insurance Group, Inc. | SIGI | $81.18 | -3.33% |
| Palomar Holdings, Inc. | PLMR | $113.08 | -1.96% |
| Global Indemnity Group, LLC | GBLI | $28.57 | -1.67% |
| Root, Inc. | ROOT | $78.05 | -1.66% |