A unit of WTW allege former brokers breached employment contract obligations.
USI has sued a former employee it alleges has poached a customers for his agency.
- USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency
- Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino
- Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI
- JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims
- Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud
- OpenAI’s Altman Says AI Unlikely to Lead to ‘Jobs Apocalypse’
- USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency
- Initial Report Finds Fatal Fire, Explosion at Maine Lumber Mill Was Accidental
- Uber, Lyft Drivers in Massachusetts Form First US Ride-Share Union
- US Supreme Court Denies Meta’s Challenge to Vermont Social Media Addiction Lawsuit
- After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI
- JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims
- Fatalities Reported in Washington State Packaging Facility Explosion
- California Officials Lift Evacuation Orders for Residents Near Damaged Chemical Tank
- Crest Insurance Group Names Hart Vice President, Employee Benefits
- California Narrows Evacuation Area With Risk ‘Off the Table’
- San Francisco Turns to AI to Avoid Collisions Between Ships And Whales
- Oil Pipeline Shut Down After East Los Angeles Rupture
- Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud
- Supreme Court Tosses Florida Suit Over Immigrant Drivers’ Licenses
- Insurers Settle in Wrongful Conviction Case, Can’t Yet Escape Sex Trafficking Coverage
- Bezos’ Blue Origin Plans $600 Million Expansion in Florida
- Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms
- NC Jury Award for Workers Injured in Wall Collapse May be Largest in State History
- 4 Arrested in Louisiana Insurance Fraud Scheme
- EEOC Sues Buc-ee’s for Alleged Disability Discrimination at Texas Store
- Texas Sues Discord Over Alleged Child Predator Exposure
- Inszone Acquires Texas’ Taylor Insurance Agency
- Rainy April Delays Corpus Christi’s Projected Water Crisis by 3 Months
- Arkansas Lawsuit Alleges Discrimination by White Nationalist Group in Land Sale
- Northwestern Medicine Agrees to Pay $325K in Religious Discrimination Case
- World Acquires Kansas’ Agency West
- Inszone Acquires Michigan’s Legacy Partners
- Record-Setting Drought Devastates Wheat Crop in Kansas
- People Moves; Church Mutual Names Kim as CFO, Promotes Schmeltzer to VP of Underwriting, Religious Markets
- Ohio Man Sentenced for Causing $860K in Computer Fraud Losses
National News
- OpenAI’s Altman Says AI Unlikely to Lead to ‘Jobs Apocalypse’
- Viewpoint: Tackling the Threat of Legal System Abuse
- Climate Change Fueling Growth of Antibiotic-Resistant Salmonella
- SEC Chairman Eyes ‘Gun-Jumping’ Rule Changes to Spur More IPOs
- Comulate Loses Appeal for Injunction Against Applied Systems
- Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino
- Saving Supply Chains From Climate Shocks Is a Lure for Investors
East News
- USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency
- Initial Report Finds Fatal Fire, Explosion at Maine Lumber Mill Was Accidental
- Uber, Lyft Drivers in Massachusetts Form First US Ride-Share Union
- US Supreme Court Denies Meta’s Challenge to Vermont Social Media Addiction Lawsuit
- After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI
- JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims
Midwest News
- Northwestern Medicine Agrees to Pay $325K in Religious Discrimination Case
- World Acquires Kansas’ Agency West
- Inszone Acquires Michigan’s Legacy Partners
- Record-Setting Drought Devastates Wheat Crop in Kansas
- People Moves; Church Mutual Names Kim as CFO, Promotes Schmeltzer to VP of Underwriting, Religious Markets
- Ohio Man Sentenced for Causing $860K in Computer Fraud Losses
Schools claim addiction to social media platforms disrupted learning and forced them to spend on a mental health crisis.
Texas / South Central News
- 4 Arrested in Louisiana Insurance Fraud Scheme
- EEOC Sues Buc-ee’s for Alleged Disability Discrimination at Texas Store
- Texas Sues Discord Over Alleged Child Predator Exposure
- Inszone Acquires Texas’ Taylor Insurance Agency
- Rainy April Delays Corpus Christi’s Projected Water Crisis by 3 Months
- Arkansas Lawsuit Alleges Discrimination by White Nationalist Group in Land Sale
Southeast News
- Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud
- Supreme Court Tosses Florida Suit Over Immigrant Drivers’ Licenses
- Insurers Settle in Wrongful Conviction Case, Can’t Yet Escape Sex Trafficking Coverage
- Bezos’ Blue Origin Plans $600 Million Expansion in Florida
- Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms
- NC Jury Award for Workers Injured in Wall Collapse May be Largest in State History
The technology may be maturing faster than the operating models around it, said AM Best.
West News
- Fatalities Reported in Washington State Packaging Facility Explosion
- California Officials Lift Evacuation Orders for Residents Near Damaged Chemical Tank
- Crest Insurance Group Names Hart Vice President, Employee Benefits
- California Narrows Evacuation Area With Risk ‘Off the Table’
- San Francisco Turns to AI to Avoid Collisions Between Ships And Whales
- Oil Pipeline Shut Down After East Los Angeles Rupture
International & Reinsurance News
- Two More Oil Supertankers Exit Hormuz to Help Push Up Flows
- Tanker Reports External Explosion off Oman Coast, Crew Safe, UKMTO Says
- India’s Prized Alphonso Mango Crop Ruined by Weather
- Climate Change Fueling Growth of Antibiotic-Resistant Salmonella
- Markets/Coverages: Amiga Specialty Secures Lloyd’s Capacity for New Yachts Division
- People Moves: Aon Promotes Hoffman as Global CEO of Commercial Risk; HDI Global Names Schulte-Schrepping as Head of Liability Global Risk, Succeeding Maurer
Insurance Journal Blogs and Columns
- Cut Manual Work: Insurance Operations Automation with EZLynx
- Securing Favorable Terms on Unbundled Business Auto Coverage
- Cotality’s Focus on Interoperability: Producing End-to-End Trust for Insurance and Restoration
- How AI Is Reshaping the Independent Insurance Agency
- The Hidden Insurance Risks of Ultra-Processed Foods
- When the Workflow Finally Works
Quote of Note
"The rules are fuzzy. It's not clear what is allowed, what isn't allowed."
More Quotes Max Smeets, director of the European Cyber Conflict Research Initiative.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Ryan Specialty Holdings, Inc. | RYAN | $32.71 | +1.18% |
| James River Group Holdings, Inc. | JRVR | $3.99 | +0.50% |
| NI Holdings, Inc. | NODK | $14.04 | +0.50% |
| Slide Insurance Holdings, Inc. | SLDE | $18.69 | +0.43% |
| American Integrity Insurance Group, Inc. | AII | $16.70 | +0.30% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $54.15 | -7.15% |
| Goosehead Insurance, Inc. | GSHD | $37.68 | -5.80% |
| United Fire Group, Inc. | UFCS | $45.04 | -4.60% |
| Palomar Holdings, Inc. | PLMR | $109.45 | -4.42% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $45.79 | -3.86% |