The recent outage at Amazon Web Services again raised questions about systemic loss.
The renewal rights of Everest’s retail commercial business total about $2 billion.
- Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case
- France Makes New Arrests in Louvre Heist; Jewels Still Not Found
- Adjuster Countersues Heritage Over ’60 Minutes’ Response While DFS Probe Stalls
- Satellite Data Reveals Hurricane Melissa Damage in Jamaica
- Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
- Jamaica Catastrophe Bondholders Now Face Full-Trigger Event
- Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt
- Boston Weighs Clampdown on Driverless Taxis in Threat to Waymo
- Five Correctional Department Employees Charged With Workers’ Compensation Fraud
- AM Best Keeps Credit Ratings of NASW Insurance Co. Under Review
- Trial Starts in $40M Lawsuit by Teacher Shot by 6-Year-Old Student
- Congress Shielded Gun Firms From Lawsuits. Some Blue States Eye Loophole
- California Attorney General Charges Eight in Bay Area Auto-Theft Ring
- Washington Commissioner Issued $828K in Fines for Insurance Violations
- Washington Supreme Court Restores $185M Monsanto Chemical Leak Verdict
- FBI Searched California Real Estate Firm Linked to Bad Bank Loans, Lawsuit
- People Moves: Aspire Promotes Alam to Chief Financial Officer
- ‘Catastrophic’ Hack Underscores Public Defender Security Gaps
- North Carolina Public Adjuster Charged With Embezzling $130,000 Insurance Payment
- Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs
- Shaq Hacked: Shaquille O’Neal’s Custom Range Rover Stolen in Transport
- Adjuster Countersues Heritage Over ’60 Minutes’ Response While DFS Probe Stalls
- Monkeys Escape From Overturned Truck on Mississippi Highway
- Federal Judge in Mississippi Admits Staff Used AI to Draft Inaccurate Order
- Wildfire Forces Rural Community in Southern Texas to Evacuate
- People Moves: Texas State Office of Risk Management Names Hays as Executive Director
- Texas Backs Permian Gas-Fired Power Plant With $1.1B Loan as AI Demand Soars
- EverPeak Launches Workers’ Comp in Arkansas
- Fermi Orders Four Big Nuclear Reactors in Texas
- Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care
- North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit
- Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes
- Michigan Acquires Shipwreck Artifact in Unusual Settlement Agreement
- GM to Cut EV, Battery Production and 1,200 Jobs at Michigan Plant
- South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices
- People Moves: Alliant Names Lapinski to Employee Benefits Group
National News
- Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
- Deal for Nuclear Reactors Raises Safety Concerns
- Universal Music Settles Lawsuit With AI Startup Udio
- Aon’s Q3 Organic Growth of 7% Outperforms Expectations
- People Moves: Tiesi Joins Canopius as US Head of Financial Lines
- Don’t Forget the Front Line: Why Insurers Need to Research the Agent Experience
- Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets
- Viewpoint: The Government Action Exclusion
East News
- Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt
- Boston Weighs Clampdown on Driverless Taxis in Threat to Waymo
- Five Correctional Department Employees Charged With Workers’ Compensation Fraud
- AM Best Keeps Credit Ratings of NASW Insurance Co. Under Review
- Trial Starts in $40M Lawsuit by Teacher Shot by 6-Year-Old Student
- Congress Shielded Gun Firms From Lawsuits. Some Blue States Eye Loophole
Midwest News
- North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit
- Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes
- Michigan Acquires Shipwreck Artifact in Unusual Settlement Agreement
- GM to Cut EV, Battery Production and 1,200 Jobs at Michigan Plant
- South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices
- People Moves: Alliant Names Lapinski to Employee Benefits Group
Robbers on Oct 20 broke into the Louvre and stole objects worth about 88 million euros ($102 million).
Texas / South Central News
- Wildfire Forces Rural Community in Southern Texas to Evacuate
- People Moves: Texas State Office of Risk Management Names Hays as Executive Director
- Texas Backs Permian Gas-Fired Power Plant With $1.1B Loan as AI Demand Soars
- EverPeak Launches Workers’ Comp in Arkansas
- Fermi Orders Four Big Nuclear Reactors in Texas
- Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care
Southeast News
- North Carolina Public Adjuster Charged With Embezzling $130,000 Insurance Payment
- Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs
- Shaq Hacked: Shaquille O’Neal’s Custom Range Rover Stolen in Transport
- Adjuster Countersues Heritage Over ’60 Minutes’ Response While DFS Probe Stalls
- Monkeys Escape From Overturned Truck on Mississippi Highway
- Federal Judge in Mississippi Admits Staff Used AI to Draft Inaccurate Order
The rise of catastrophe bonds may now be eroding the market share of reinsurers.
West News
- California Attorney General Charges Eight in Bay Area Auto-Theft Ring
- Washington Commissioner Issued $828K in Fines for Insurance Violations
- Washington Supreme Court Restores $185M Monsanto Chemical Leak Verdict
- FBI Searched California Real Estate Firm Linked to Bad Bank Loans, Lawsuit
- People Moves: Aspire Promotes Alam to Chief Financial Officer
- ‘Catastrophic’ Hack Underscores Public Defender Security Gaps
International & Reinsurance News
- Satellite Data Reveals Hurricane Melissa Damage in Jamaica
- The Fidelis Partnership Launches 2nd Lloyd’s Syndicate, Backed by PE Firm Blackstone
- France Makes New Arrests in Louvre Heist; Jewels Still Not Found
- Aon’s Q3 Organic Growth of 7% Outperforms Expectations
- Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe
- Hot Weather Is Killing More Than Half a Million People a Year
- Tech Update: WCL Launches Digital Treaty Placement Platform in Bermuda
Insurance Journal Blogs and Columns
- Detroit to Pay Nearly $6M in Death Connected to Bus Driver with Many Crashes
- How to Use Content Marketing to Grow Your Insurance Agency
- Applied Acquires Cytora: Supercharging the Digital Roundtrip of Insurance with AI
- Why Ethics CE Matters: Strengthening Professional Standards in Insurance
- A Lost Art: The Submission Letter
- Death and Insurance (Not Taxes), Part 2
Sponsored Newswire
- PGM Solutions Expands Home Factors with New Roof and Electrical Insights to Strengthen Carrier Risk Models
- Expert Underwriter Secures Critical Wildfire Coverage for High-Risk California Warehouse, Saving Key Account
Quote of Note
If the court doesn't reconsider, then in California, it's hard to believe we'll be able to switch our model to full-time employment quickly.
More Quotes Uber Chief Executive Officer Dara Khosrowshahi
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Markel Group Inc. | MKL | $1,938.38 | +6.14% |
| Neptune Insurance Holdings Inc. | NP | $26.49 | +4.83% |
| Hagerty, Inc. | HGTY | $11.19 | +4.38% |
| Erie Indemnity Company | ERIE | $309.64 | +2.57% |
| Old Republic International Corporation | ORI | $39.32 | +2.40% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Trupanion, Inc. | TRUP | $40.48 | -2.88% |
| Lemonade, Inc. | LMND | $59.01 | -2.80% |
| Kingsway Financial Services Inc. | KFS | $13.92 | -2.66% |
| Goosehead Insurance, Inc | GSHD | $67.96 | -2.26% |
| American Coastal Insurance Corporation | ACIC | $11.73 | -1.51% |