The next 12 months will tell the story, according to a new report from AM Best.
Allstate’s Large Language Intelligent Ecosystem is the next step of its strategy.
- Brown & Brown EVP and Retail Head Steps Down With $2.5M Severance Pay
- Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children
- AI Data Center Boom Is ‘Maxing Out’ P&C Insurers, AIG CEO Says
- Iran Battles Oil Spill Near Key Persian Gulf Island of Qeshm
- Rhine River Shipping Stalls as Water Level Hits Record Low
- Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
- Report Says Firefighting Tactics at Maine Lumber Mill Inadvertently Aided Deadly Blast
- Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children
- Amynta Group Buys Virginia-Based Southern States Underwriters MGU
- Massachusetts High Court Says Mag Mutual Must Defend Doctor Accused of Stalking
- Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire
- OSHA Fines Maine Pulp Mill $700K for Chemical Release That Killed 2 Workers
- Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
- Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
- Inszone Insurance Acquires Two Fong’s in California
- Edison Judge Balks at Holding Utility Liable for LA Wildfire
- Montana Auditor Suspends Producer License of Bail Bondsman Accused of Exploitation
- Oregon Scam Targeting Spanish-Speaking Injured Workers May Include Fake Judges
- Thoma Bravo to Take Accelerant Private in $4 Billion Deal
- WV Fire Commission Has Failed to Make Plan to Address High Fire Death Rate
- Atlanta Airport Taps Munis for $1.1 Billion Mega Bond Sale
- People: Rivera Named President of FSLA at Convention
- Brown & Brown EVP and Retail Head Steps Down With $2.5M Severance Pay
- Oakbridge Teams Up with Valentine Agency in Memphis
- Georgia Woman Says She Was Misdiagnosed, Had Hysterectomy Due to Labeling Error
- People Moves: IMA Expands Private Equity and M&A Practice
- Texas Trial Lawyers, Once a Democratic Force, Regain Clout in GOP
- Officials Urge Gulf Coast Beachgoers to Beware of Deadly Bacterial Infections
- Delta-8 Among Products Banned as Texas THC Suit Continues
- Judge Approves $106M Settlement Over Hard Rock Hotel Collapse in New Orleans
- Texas Judge Strikes Down Law Regulating Firearm Suppressors and Some Guns
- People Moves: Lockton Names Knop as Yacht Practice Leader
- Sunstar Acquires Minnesota’s RJR Faribo Insurance Agency
- Washington University in St. Louis Sued for Retaliation
- Marsh McLennan Agency Acquires Iowa’s Accel Holdings
- Severe Thunderstorms Across US Midwest Trigger Flood Warnings
- Remains of 56 Bodies Found at Chicago Funeral Home, License Suspended
National News
- AI Data Center Boom Is ‘Maxing Out’ P&C Insurers, AIG CEO Says
- Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
- Viewpoint: Storm Resilience Must Account for the Assets That Do Not Stay Put
- UnitedHealth Investor Suit Alleges Security, Governance Lapses
- Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk?
- AI’s Volatile Power Demand Is Damaging Its Own Data Centers
- Insurtech Root, The Zebra Partner on Auto Insurance
- AI Giants Are Quiet on Climate in Sign of Post-ESG Wall Street
East News
- Report Says Firefighting Tactics at Maine Lumber Mill Inadvertently Aided Deadly Blast
- Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children
- Amynta Group Buys Virginia-Based Southern States Underwriters MGU
- Massachusetts High Court Says Mag Mutual Must Defend Doctor Accused of Stalking
- Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire
- OSHA Fines Maine Pulp Mill $700K for Chemical Release That Killed 2 Workers
Midwest News
- People Moves: Lockton Names Knop as Yacht Practice Leader
- Sunstar Acquires Minnesota’s RJR Faribo Insurance Agency
- Washington University in St. Louis Sued for Retaliation
- Marsh McLennan Agency Acquires Iowa’s Accel Holdings
- Severe Thunderstorms Across US Midwest Trigger Flood Warnings
- Remains of 56 Bodies Found at Chicago Funeral Home, License Suspended
Illinois leaders have pushed lawmakers to give the department more authority.
Texas / South Central News
- People Moves: IMA Expands Private Equity and M&A Practice
- Texas Trial Lawyers, Once a Democratic Force, Regain Clout in GOP
- Officials Urge Gulf Coast Beachgoers to Beware of Deadly Bacterial Infections
- Delta-8 Among Products Banned as Texas THC Suit Continues
- Judge Approves $106M Settlement Over Hard Rock Hotel Collapse in New Orleans
- Texas Judge Strikes Down Law Regulating Firearm Suppressors and Some Guns
Southeast News
- Thoma Bravo to Take Accelerant Private in $4 Billion Deal
- WV Fire Commission Has Failed to Make Plan to Address High Fire Death Rate
- Atlanta Airport Taps Munis for $1.1 Billion Mega Bond Sale
- People: Rivera Named President of FSLA at Convention
- Brown & Brown EVP and Retail Head Steps Down With $2.5M Severance Pay
- Oakbridge Teams Up with Valentine Agency in Memphis
- Georgia Woman Says She Was Misdiagnosed, Had Hysterectomy Due to Labeling Error
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
- Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
- Inszone Insurance Acquires Two Fong’s in California
- Edison Judge Balks at Holding Utility Liable for LA Wildfire
- Montana Auditor Suspends Producer License of Bail Bondsman Accused of Exploitation
- Oregon Scam Targeting Spanish-Speaking Injured Workers May Include Fake Judges
International & Reinsurance News
- Russia Eyeing Sabotage, Other Attacks in Europe, Officials Warn
- Iran Battles Oil Spill Near Key Persian Gulf Island of Qeshm
- Low Rhine River Levels Disrupt German Industry
- Australia Sets ‘World-Leading’ Minimum Pay, Insurance Rules for Gig Delivery Workers
- Update: UK Risk Firm Ambrey Working to Salvage Ship Spewing Oil off Omani Coast
- Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk?
- Heatwaves Could Cost France €10 Billion-€15 Billion, Environment Minister Says
Insurance Journal Blogs and Columns
- Inside the Risk & Insurance Education Alliance’s Workforce Strategy: What We Learned About Leading a Remote Team
- Why Brokerages Are Adding Workflow Layers Without Replacing Their AMS
- Stay in Your Lane – Part 1
- 7 Ways to Put AI to Work in Your Agency (Without a Tech Team)
- 5 Strategic Tradeoffs MGAs Are Navigating
- Workflow Debt: The Hidden Barrier to Scaling Specialty Insurance
Sponsored Newswire
- First Cap Property Insurance Solutions Continues Expanding California Homeowners Insurance
- eMaxx Broadens Access to Excess Variable Cost Captive Insurance Program through eMaxx Reciprocal Insurance Exchange
Quote of Note
We've been wondering when the metaphorical dam's going to break, and the product liabilities are going to come out of the woodwork. I feel like we're starting to see the cracks in the foundation happening now, in respect of the product recalls.
More Quotes Insuring Cannabis panelist Jodi Green, an attorney at Miller Nash LLP.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American Integrity Insurance Group, Inc. | AII | $22.91 | +13.47% |
| Kingstone Companies, Inc. | KINS | $19.62 | +2.88% |
| James River Group Holdings, Inc. | JRVR | $4.31 | +2.74% |
| Heritage Insurance Holdings, Inc. | HRTG | $32.96 | +2.42% |
| Ryan Specialty Holdings, Inc. | RYAN | $42.87 | +1.66% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $4.16 | -9.37% |
| Root, Inc. | ROOT | $48.27 | -6.44% |
| Palomar Holdings, Inc. | PLMR | $127.54 | -3.15% |
| TWFG, Inc. | TWFG | $26.66 | -2.88% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $60.13 | -2.48% |