Class-actions filed by a customer and an employee each seek $5 million in damages.
Watch out, insurance industry. A well-known cybercrime group appears to have pivoted.
- Weeks Later, Erie and Philadelphia Insurance Still Working to Restore Networks
- Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers
- US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
- Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
- DeSantis Signs Law Giving Condo Owners Some Relief, But Questions Remain
- College Team Physicians Wary of Greater Liability Risk With Athletes Making Money
- MIT Sued by Student, Instructor Claiming Campus Antisemitism
- Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam
- Tesla Sued Over Model S Crash That Killed Three in New Jersey
- Pennsylvania Senior Citizens Warned of Financial Scam
- People Moves: MAPFRE USA Names Pasko; Roosevelt Road Appoints Cook
- DC Sues 4 Drivers With 1,000 Outstanding Traffic Violations
- Judge Says California FAIR Plan Violating Law, Industry Also Fighting Consumer Group Suit
- Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application
- HEMIC to Act as a Servicing Facility for Hawaii Hurricane Relief Fund
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
- Colorado Dance Hall Operator to Pay $100K in Sexual Harassment and Retaliation Suit
- Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
- Florida Citizens Moves to Have Commercial Claims Disputes Decided by DOAH
- A Shrinking FEMA Puts Lake Town’s Rebuilding Plans in Limbo
- Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft
- US Declares Power Emergency in Southeast on Heat Wave
- First Tropical Storm of 2025 Season Weakens in Atlantic
- Inszone Acquires Texas’ Osterts and Associates
- SpaceX Polluted Border Area, Mexican President Sheinbaum Says
- Texas THC Industry Welcomes More Regulations With Ban Off the Table
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Louisiana Attorney General Sues CVS for Deceptive Practices
- Scientists Crush and Analyze Hailstones in First-of-its-Kind Study
- Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance
- Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud
- Telemarketing Firm to Pay $85K Over Discrimination at Ohio Location
- First Financial to Acquire Westfield Bancorp From Ohio Farmers
- Ryan Transactional Risk Launches Environmental Practice Product
- People Moves: Holmes Murphy Announces New Shareholders
National News
- US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
- Microsoft Sued by Authors Over Use of Books in AI Training
- Viewpoint: Cyber Is a Product for Everyone, so Let’s Start Acting Like it
- Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB
- Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States
- Meta Fends Off Authors’ Copyright Lawsuit Over AI
East News
- MIT Sued by Student, Instructor Claiming Campus Antisemitism
- Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam
- Tesla Sued Over Model S Crash That Killed Three in New Jersey
- Pennsylvania Senior Citizens Warned of Financial Scam
- People Moves: MAPFRE USA Names Pasko; Roosevelt Road Appoints Cook
- DC Sues 4 Drivers With 1,000 Outstanding Traffic Violations
Midwest News
- Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance
- Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud
- Telemarketing Firm to Pay $85K Over Discrimination at Ohio Location
- First Financial to Acquire Westfield Bancorp From Ohio Farmers
- Ryan Transactional Risk Launches Environmental Practice Product
- People Moves: Holmes Murphy Announces New Shareholders
The state-run insurer has decided to no longer include adjusters as co-payees on insurance claims payouts
Texas / South Central News
- Inszone Acquires Texas’ Osterts and Associates
- SpaceX Polluted Border Area, Mexican President Sheinbaum Says
- Texas THC Industry Welcomes More Regulations With Ban Off the Table
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Louisiana Attorney General Sues CVS for Deceptive Practices
- Scientists Crush and Analyze Hailstones in First-of-its-Kind Study
Southeast News
- Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
- Florida Citizens Moves to Have Commercial Claims Disputes Decided by DOAH
- A Shrinking FEMA Puts Lake Town’s Rebuilding Plans in Limbo
- Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft
- US Declares Power Emergency in Southeast on Heat Wave
- First Tropical Storm of 2025 Season Weakens in Atlantic
The deadly plane crash will shock waves through the aviation insurance industry.
West News
- Judge Says California FAIR Plan Violating Law, Industry Also Fighting Consumer Group Suit
- USC Basketball Star Alijah Arenas Recounts Tesla Cybertruck Crash
- Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application
- HEMIC to Act as a Servicing Facility for Hawaii Hurricane Relief Fund
- Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
- Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
International & Reinsurance News
- Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report
- Cyberattack on UK Health Firm Contributed to Patient Death
- France Orders Extra 800,000 Cars off Road Over Takata Airbag Scandal
- EU Revamps Regulations for Expanding Space Market
- Heat Wave Threatens Power Output and Wildfires Across Europe
- Billionaire Richard Li’s FWD Group Seeks to Raise $442 Million in Hong Kong IPO
- People Moves: Covéa Group Names Petit CEO as Derez Becomes Chairman; Howden UK & Ireland Appoints Kennedy to Succeed Shuker as CEO
Insurance Journal Blogs and Columns
- Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance
- Move Over Mainframes: What Modern Hierarchy Management Looks Like and Why It Matters
- Leading MGA Goes Live on Expert Insured
- Translating the real meaning of risk in Cotality’s 2025 Hurricane Risk Report
- Tariffs and P&C Insurance: Potential Impacts and Innovative Solutions for Continued Profitability
- Speed Is King: Using Hierarchies to Accelerate Onboarding and Scale Efficiently
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Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Donegal Group Inc. | DGIC.A | $19.52 | +0.88% |
| ProAssurance Corporation | PRA | $22.85 | -0.22% |
| Hagerty, Inc. | HGTY | $10.04 | -0.30% |
| HCI Group, Inc. | HCI | $148.62 | -0.50% |
| NI Holdings, Inc. | NODK | $12.82 | -0.77% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $122.33 | -8.74% |
| Lemonade, Inc. | LMND | $41.10 | -8.52% |
| Goosehead Insurance, Inc | GSHD | $96.80 | -6.40% |
| Palomar Holdings, Inc. | PLMR | $151.26 | -5.47% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $56.22 | -4.37% |