The lawsuit is against another group of former employees for breach of employee contracts.
The renewal rights of Everest’s retail commercial business total about $2 billion.
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Jamaica Catastrophe Bond Has Now Triggered, Government Says
- Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US
- Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa
- Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case
- UBS Warns of Systemic Risk From Weak US Insurance Regulation
- Insurer Balks at Covering Sex Trafficking Judgment Against Hotel
- Meatpacker JBS to Pay $1.1 Million to Settle New York Climate Suit
- Advocates Want Public Involvement When Nursing Homes Change Ownership
- Afore Begins Virginia Expansion With Acquisition of Norfolk’s Salzberg Agency
- People Moves: Starkweather & Shepley Welcomes Leamy
- Connecticut Approves Workers’ Compensation Cost Decrease for 2026
- Arthur J. Gallagher Acquires Surescape Insurance Services in Colorado
- California Labor Commish Fines Costco, Others $868K for Misclassifying Drivers
- Viewpoint: California Workers’ Comp Outlook And What Stakeholders Need to Know
- LP Expands into Oregon With Acquisition of Mountain West
- Nation’s Largest Fleet of Police Cybertrucks to Patrol Vegas
- San Francisco Mayor Proposes Denser Housing to Tackle Affordability Crisis
- Progressive’s $950M in Florida Regurgitation to Mostly Be Credits in Renewals
- North Carolina Rate Bureau Calls for 68% Dwelling Policy Rate Hike Over 2 Years
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Black Vultures Spreading North, Attacking and Killing Cattle
- WV OIC Accepting Input on American Modern’s 47% Auto Rate Increase Request
- North Carolina Public Adjuster Charged With Embezzling $130,000 Insurance Payment
- Louisiana Bar Association Selects ORLSI as Lawyers Malpractice Insurance Provider
- Texas Courier Service to Pay $800K in Workers’ Comp Fraud Case
- Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research
- Lawsuit Seeks to Overturn Dallas Ordinances, Including LGBTQ+ Protections
- Wildfire Forces Rural Community in Southern Texas to Evacuate
- People Moves: Texas State Office of Risk Management Names Hays as Executive Director
- Fired Indiana University Student Newspaper Adviser Claims Free Speech Violation
- Michigan Regulators to Start Enforcing 2020 Industrial Farm Pollution Law
- ReSource Pro Acquires Indiana-Based Supportive Insurance Services
- Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later
- People Moves: Encova Insurance Names Webber and Rao as VPs
- North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit
National News
- Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US
- Tariff-Linked Class Action Suits to Boost D&O Insurance Demand
- US Prosecutors Say Cybersecurity Pros Ran Ransomware Operation
- Chubb Group Vice Chair Lupica to Retire at 2025 End
- US Sees Air Safety Risks as Government Shutdown Hurts Flying
- CNA Net Income for Q3 Up 42% on Lower Catastrophe Losses
- People Moves: Ryan Appointed CMO of Howden US; McCrosson Joins AXA XL Reinsurance as Sr. Underwriter, US Property Treaty
East News
- Insurer Balks at Covering Sex Trafficking Judgment Against Hotel
- Meatpacker JBS to Pay $1.1 Million to Settle New York Climate Suit
- Advocates Want Public Involvement When Nursing Homes Change Ownership
- Afore Begins Virginia Expansion With Acquisition of Norfolk’s Salzberg Agency
- People Moves: Starkweather & Shepley Welcomes Leamy
- Connecticut Approves Workers’ Compensation Cost Decrease for 2026
Midwest News
- Fired Indiana University Student Newspaper Adviser Claims Free Speech Violation
- Michigan Regulators to Start Enforcing 2020 Industrial Farm Pollution Law
- ReSource Pro Acquires Indiana-Based Supportive Insurance Services
- Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later
- People Moves: Encova Insurance Names Webber and Rao as VPs
- North Dakota Judge Says Greenpeace Must Pay $345M in Pipeline Lawsuit
The Category 5 hurricane made landfall last week in southwestern Jamaica, the nation's first major hurricane since 1988.
Texas / South Central News
- Louisiana Bar Association Selects ORLSI as Lawyers Malpractice Insurance Provider
- Texas Courier Service to Pay $800K in Workers’ Comp Fraud Case
- Monkey Escape in Mississippi Gives Glimpse Into Secret World of Animal Research
- Lawsuit Seeks to Overturn Dallas Ordinances, Including LGBTQ+ Protections
- Wildfire Forces Rural Community in Southern Texas to Evacuate
- People Moves: Texas State Office of Risk Management Names Hays as Executive Director
Southeast News
- Progressive’s $950M in Florida Regurgitation to Mostly Be Credits in Renewals
- North Carolina Rate Bureau Calls for 68% Dwelling Policy Rate Hike Over 2 Years
- Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida
- Black Vultures Spreading North, Attacking and Killing Cattle
- WV OIC Accepting Input on American Modern’s 47% Auto Rate Increase Request
- North Carolina Public Adjuster Charged With Embezzling $130,000 Insurance Payment
A rise in privacy litigation has motivated some insurers to take another look at the risk.
West News
- Arthur J. Gallagher Acquires Surescape Insurance Services in Colorado
- California Labor Commish Fines Costco, Others $868K for Misclassifying Drivers
- Viewpoint: California Workers’ Comp Outlook And What Stakeholders Need to Know
- LP Expands into Oregon With Acquisition of Mountain West
- Nation’s Largest Fleet of Police Cybertrucks to Patrol Vegas
- San Francisco Mayor Proposes Denser Housing to Tackle Affordability Crisis
International & Reinsurance News
- UBS Warns of Systemic Risk From Weak US Insurance Regulation
- Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa
- Assailants Attack Tanker off Somalia in Suspected Pirate Strike
- Li Auto Recalls Over 11,000 of Its Flagship EV on Battery Fire
- G20 Climate Targets Show Acceleration in Reducing CO2, LSEG Says
- Typhoon Kalmaegi Kills 21 as It Pummels Central Philippines
- People Moves: Westfield Specialty Int’l Taps Former AIG Exec Baldwin as President; Vantage Promotes Senior Leaders in Reinsurance, Partnership Capital Platform
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
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
"The legal battle over who will ultimately share in paying for losses associated with the pandemic is far from over."
More Quotes A.M. Best in Commercial Lines Outlook 2021
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Tiptree Inc. | TIPT | $18.30 | +3.33% |
| Lemonade, Inc. | LMND | $61.54 | +2.43% |
| Kingstone Companies, Inc. | KINS | $14.91 | +2.26% |
| Bowhead Specialty Holdings Inc. | BOW | $24.35 | +1.63% |
| United Fire Group, Inc. | UFCS | $30.53 | +0.99% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Employers Holdings, Inc. | EIG | $36.09 | -5.35% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $18.70 | -3.76% |
| Kinsale Capital Group, Inc. | KNSL | $388.45 | -2.76% |
| Ryan Specialty Holdings, Inc. | RYAN | $53.30 | -2.74% |
| Arthur J. Gallagher & Co. | AJG | $242.98 | -2.61% |