Zurich's proposed $10.8 billion acquisition of Beazley received approval from Australia.
The flood insurance gap in the U.S. is big and it’s not getting better, said Moody's.
- Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise
- Why Are Property & Casualty Carriers So Profitable?
- Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
- Zurich Sees Data Center Boom Spurring Insurance Securitization
- Texas Supreme Court Blocks Bid to Stop SpaceX Beach Closures
- Volunteers Risked Lives to Save Survivors in Texas Plane Crash
- NYC Mayor, Other Leaders Want Ban on Horse Carriage Rides After Teen’s Death
- AM Best Revises Outlooks to Negative for Pennsylvania’s Juniata Mutual Insurance
- Dali Engineer Reaches Deferred Prosecution Deal Over 2024 Key Bridge Collapse
- Teen Dies After Being Thrown From Horse-Drawn Carriage in NYC’s Central Park
- Conn. Extends Uninsured Motorist Coverage to State’s Transportation Workers
- People Moves: Hub International Names Collins Northeast Area President
- California AG Announces $7M Settlement with Property Manager in Algorithmic Rent Scheme
- Inszone Acquires Webtec Insurance Services in Colorado
- California and US West Threatened by Wildfires Over Coming Days
- People Moves: ZestyAI Names Friend CFO and Ross SVP; Alliant Names Ackerman VP
- California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
- Zurich Files Growth Plan Under California Sustainable Insurance Strategy
- Mississippi Insurance Department Fires Examiner After Credit Union Scandal
- DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’
- North Carolina Ethics Panel Dismisses Complaint About Insurance Commissioner
- Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
- People Moves: Fortegra, Alabama DOI Put New Faces in Key Roles
- Scientists Found the Coral Reefs That Can Survive Climate Change
- Texas Supreme Court Blocks Bid to Stop SpaceX Beach Closures
- Volunteers Risked Lives to Save Survivors in Texas Plane Crash
- Louisiana Plans $1.1B Investment in New Orleans Land Bridge Restoration
- Texas State Fire Marshal’s Office Probes Deadly Residential Fire in Odessa
- Uber to Offer Robotaxis in Houston With Lucid and Nuro, Posing Challenge to Waymo
- Wastewater Leak Under Texas Church Parking Lot Causes Millions in Damage
- Court Orders Ohio Restrictions on Kids’ Use of Social Media Restored
- People Moves: Platinum Specialty Underwriters Adds McGarry, Berger to Property Program
- People Moves: Donegal & Michigan Insurance Promotes Faber to Regional VP as Veenstra Retires
- APCIA Tells Michigan Senate to Oppose Bill Mandating Auto Rate Reductions
- People Moves: Sunstar Names Hearst as EVP, National Growth and Sales Strategy
- Biofuels Are Key to Avoiding Sharp Farmland Drop, S&P Says
National News
- US Acts to Speed Up Power Grid Hook-Ups for AI Data Centers
- West Set to Sizzle This Summer While Northeast Stays Cooler
- Baby Formula Maker Nara Issues Recall After FDA, CDC Flag Botulism Cases
- Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
- IMA Latest to Sue Howden Over Alleged Employee Poaching
- Trump Administration Backtracks on Removing Ocean Sensors
- Space Startups Seek Insurance for Orbital AI Data Centers
East News
- NYC Mayor, Other Leaders Want Ban on Horse Carriage Rides After Teen’s Death
- AM Best Revises Outlooks to Negative for Pennsylvania’s Juniata Mutual Insurance
- Dali Engineer Reaches Deferred Prosecution Deal Over 2024 Key Bridge Collapse
- Teen Dies After Being Thrown From Horse-Drawn Carriage in NYC’s Central Park
- Conn. Extends Uninsured Motorist Coverage to State’s Transportation Workers
- People Moves: Hub International Names Collins Northeast Area President
Midwest News
- Court Orders Ohio Restrictions on Kids’ Use of Social Media Restored
- People Moves: Platinum Specialty Underwriters Adds McGarry, Berger to Property Program
- People Moves: Donegal & Michigan Insurance Promotes Faber to Regional VP as Veenstra Retires
- APCIA Tells Michigan Senate to Oppose Bill Mandating Auto Rate Reductions
- People Moves: Sunstar Names Hearst as EVP, National Growth and Sales Strategy
- Biofuels Are Key to Avoiding Sharp Farmland Drop, S&P Says
Grace Ocean and manager Synergy Marine said the public and private entities that have sued shouldn't recover economic losses.
Texas / South Central News
- Texas Supreme Court Blocks Bid to Stop SpaceX Beach Closures
- Volunteers Risked Lives to Save Survivors in Texas Plane Crash
- Louisiana Plans $1.1B Investment in New Orleans Land Bridge Restoration
- Texas State Fire Marshal’s Office Probes Deadly Residential Fire in Odessa
- Uber to Offer Robotaxis in Houston With Lucid and Nuro, Posing Challenge to Waymo
- Wastewater Leak Under Texas Church Parking Lot Causes Millions in Damage
Southeast News
- Mississippi Insurance Department Fires Examiner After Credit Union Scandal
- DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’
- North Carolina Ethics Panel Dismisses Complaint About Insurance Commissioner
- Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
- People Moves: Fortegra, Alabama DOI Put New Faces in Key Roles
- Scientists Found the Coral Reefs That Can Survive Climate Change
An injured employee in Georgia doesn't need to show his reason for refusing light-duty work is injury-related.
West News
- California AG Announces $7M Settlement with Property Manager in Algorithmic Rent Scheme
- Inszone Acquires Webtec Insurance Services in Colorado
- California and US West Threatened by Wildfires Over Coming Days
- People Moves: ZestyAI Names Friend CFO and Ross SVP; Alliant Names Ackerman VP
- California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
- Zurich Files Growth Plan Under California Sustainable Insurance Strategy
International & Reinsurance News
- Space Startups Seek Insurance for Orbital AI Data Centers
- Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety
- Viewpoint: Hormuz Is Reopening, but Global Shipping Won’t Return to Normal for Months
- US and Iran Delay Nuclear Talks as Lebanon Clashes Worsen
- Markets/Coverages: Chubb Leads New Lloyd’s War Risk Consortium for Hormuz Shipping
- People Moves: Arch Promotes Halgan as CEO of Global Reinsurance, Schmeiser as CEO, Global Mortgage; Sompo International Markets Names MacHale as CUO, Head of Strategy
Insurance Journal Blogs and Columns
- Beyond Auto and Home: Why Agencies Should Eye Small Commercial Insurance
- How FirstMark Insurance Group Evolved from Chasing Renewals to Anticipating Them
- How employee assistance programs drive better workers’ comp outcomes
- Mind the Gap: D&O Runoff in M&A Transactions
- Renewals Don’t Have to Be a Fire Drill
- Cut Manual Work: Insurance Operations Automation with EZLynx
Quote of Note
"We believe that COVID has resulted in a flight to quality and we are benefiting from this market dynamic."
More Quotes Peter Zaffino, AIG president and chief operating officer
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $51.99 | +7.20% |
| Presurance Holdings, Inc. | PRHI | $5.11 | +5.58% |
| Goosehead Insurance, Inc. | GSHD | $36.88 | +4.98% |
| Hippo Holdings Inc. | HIPO | $25.96 | +3.72% |
| TWFG, Inc. | TWFG | $21.67 | +3.34% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American Integrity Insurance Group, Inc. | AII | $16.76 | -4.23% |
| Global Indemnity Group, LLC | GBLI | $25.34 | -2.54% |
| Palomar Holdings, Inc. | PLMR | $111.70 | -2.38% |
| James River Group Holdings, Inc. | JRVR | $3.95 | -1.99% |
| CNA Financial Corporation | CNA | $44.52 | -1.70% |