Moody’s Ratings said the US $20B plan isn't likely to work without coverage of liability risk.
The 2025 P/C combined ratio was just under 93, said S&P Global Market Intelligence.
- US Home Insurance Prices Set to Keep Rising With Severe Weather
- Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance
- Iran Warns Gulf Nations of Major Response After Gas Field Strike
- SEC’s Top Cop Resigns After Just Six Months on the Job
- Trump Again Vows to Block Wind Turbines During His Presidency
- Gulf Banks Face $307 Billion Deposit Flight Risk if War Worsens, S&P Says
- Rikers Island Corrections Officer Cops to Falsifying Workers’ Compensation Claims
- Major Offshore Wind Farm Trump Tried to Halt Finishes Construction
- Patriot Growth Adds Morse Agency in Massachusetts
- Insurer Wants Its $3.5M Back Because City Delayed Reporting Claims for 5 Years
- New Jersey Secures Win in Long-Running Case Over PDX’s Worker Misclassification
- Woman Admits Stealing Checks From Builder and Maryland Automobile Insurance Fund
- LA County Metro Buses Will Warn Against Workers’ Comp Fraud
- People Moves: Alliant Private Client Hires Dantona as SVP
- Los Angeles, US West Brace for Second Bout of Record March Heat
- ‘Zombie’ Second Mortgages Spur New Battles in California, Maryland
- Owners of Large California Tow Operation Charged in $6M Workers’ Comp Fraud Scheme
- Even Low-Risk Homes Are Caught Up in California’s Climate Insurance Crisis
- Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less
- Florida Contractor Charged With Avoiding $1M in Workers’ Comp Premiums
- Proscecutor Drops Charges Against Teen in Georgia Prank Gone Wrong
- No Sprinklers in TN Explosives Plant Building Where Blast Killed 16, Investigators Say
- Florida Brownfield Development Bill Raising Concerns About Coverage, Litigation
- Tennessee Minors Sue Musk’s AI System, Alleging it Generated Sexual Images of Them
- AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity
- Corpus Christi Water Emergency Could Be Two Months Away
- TDI Names Tapp as Deputy Commissioner of Consumer Protection Division
- Corpus Christi City Council to Address Looming Water Crisis
- Former Oklahoma Farmers Agent Accused of Sharing Confidential Data in Lawsuit
- After a Decade of Missteps, Corpus Christi Careens Toward Water Catastrophe
- People Moves: Clyde & Co Tabs Mortimer to Lead Indiana Office; Old Republic Announces Senior Management Changes at BITCO
- Amazon Delivery Service Company Settles Disability Discrimination Suit
- Illinois Commercial Bakery Cited for Worker Safety Violations
- Chicago Area’s $19 Billion Tax Bill Fuels Fight for Assessor Job
- Lyft Settlement Ensures Rights of Disabled Passengers With Service Animals
- Wild Weather Halts Flights, Dumps Snow and Knocks Out Power
National News
- US Home Insurance Prices Set to Keep Rising With Severe Weather
- Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality
- SEC’s Top Cop Resigns After Just Six Months on the Job
- Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance
- JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve
- Iran War Cost Spike Straining Farmers Ahead of Midterm Elections
- Trump Again Vows to Block Wind Turbines During His Presidency
- Markets/Coverages: Marsh Risk Launches Facility for US Excess Casualty Capacity; CRC Specialty Enhances Insurisk to Meet Needs of Data Centers
- Iran War Potentially Raises Exposures for Terrorism, Political Violence Underwriters
East News
- Rikers Island Corrections Officer Cops to Falsifying Workers’ Compensation Claims
- Major Offshore Wind Farm Trump Tried to Halt Finishes Construction
- Patriot Growth Adds Morse Agency in Massachusetts
- Insurer Wants Its $3.5M Back Because City Delayed Reporting Claims for 5 Years
- New Jersey Secures Win in Long-Running Case Over PDX’s Worker Misclassification
- Woman Admits Stealing Checks From Builder and Maryland Automobile Insurance Fund
Midwest News
- People Moves: Clyde & Co Tabs Mortimer to Lead Indiana Office; Old Republic Announces Senior Management Changes at BITCO
- Amazon Delivery Service Company Settles Disability Discrimination Suit
- Illinois Commercial Bakery Cited for Worker Safety Violations
- Chicago Area’s $19 Billion Tax Bill Fuels Fight for Assessor Job
- Lyft Settlement Ensures Rights of Disabled Passengers With Service Animals
- Wild Weather Halts Flights, Dumps Snow and Knocks Out Power
The state high court ruled the prescriptive period is interrupted by unconditional payments even if an insurer goes insolvent.
Texas / South Central News
- AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity
- Corpus Christi Water Emergency Could Be Two Months Away
- TDI Names Tapp as Deputy Commissioner of Consumer Protection Division
- Corpus Christi City Council to Address Looming Water Crisis
- Former Oklahoma Farmers Agent Accused of Sharing Confidential Data in Lawsuit
- After a Decade of Missteps, Corpus Christi Careens Toward Water Catastrophe
Southeast News
- Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less
- Florida Contractor Charged With Avoiding $1M in Workers’ Comp Premiums
- Proscecutor Drops Charges Against Teen in Georgia Prank Gone Wrong
- No Sprinklers in TN Explosives Plant Building Where Blast Killed 16, Investigators Say
- Florida Brownfield Development Bill Raising Concerns About Coverage, Litigation
- Tennessee Minors Sue Musk’s AI System, Alleging it Generated Sexual Images of Them
More than a third of the global population resides in regions where heat severely affects daily life, says a report.
West News
- LA County Metro Buses Will Warn Against Workers’ Comp Fraud
- People Moves: Alliant Private Client Hires Dantona as SVP
- Los Angeles, US West Brace for Second Bout of Record March Heat
- ‘Zombie’ Second Mortgages Spur New Battles in California, Maryland
- Owners of Large California Tow Operation Charged in $6M Workers’ Comp Fraud Scheme
- Even Low-Risk Homes Are Caught Up in California’s Climate Insurance Crisis
International & Reinsurance News
- Iran Warns Gulf Nations of Major Response After Gas Field Strike
- Iran War Potentially Raises Exposures for Terrorism, Political Violence Underwriters
- Hormuz Reopening Looks Unlikely Without a Ceasefire in Iran War
- Gulf Banks Face $307 Billion Deposit Flight Risk if War Worsens, S&P Says
- Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance
- Greek Firms Scan Computer Systems as Iran War Raises Cyberattack Risks, Sources Say
- Germany Seeks Doubling of AI Data Centers by 2030
Insurance Journal Blogs and Columns
- 5 Reasons Embedded Payments and Premium Finance Are Becoming Core MGA Infrastructure
- Risk & Insurance Education Alliance Names 2026–2027 Leadership for CIC and Academy Boards of Directors
- The 6 Tools Agencies Need Today for Agent-to-Carrier Contracting and Appointments
- How The Alliance’s Certified Insurance & Risk Professional (CIRP) Designation Helps New Producers Build Confidence, Credibility, and Early Career Success.
- A Year of Success at EZLynx
- AI-Powered Insurance BPO: Execution Inside AMS, Not Portals
Quote of Note
"Certainly, claims — with all of their moving parts in all of the lines of business — still present compliance challenges."
More Quotes Kathy Donovan, lead researcher for Wolters Kluwer, on P/C insurers' top market conducts mistakes.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Global Indemnity Group, LLC | GBLI | $28.77 | +0.35% |
| Arthur J. Gallagher & Co. | AJG | $209.48 | +0.15% |
| Goosehead Insurance, Inc. | GSHD | $45.00 | -0.07% |
| American Integrity Insurance Group, Inc. | AII | $19.15 | -0.21% |
| ProAssurance Corporation | PRA | $24.49 | -0.29% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Skyward Specialty Insurance Group, Inc. | SKWD | $42.83 | -4.91% |
| Root, Inc. | ROOT | $44.59 | -4.44% |
| Lemonade, Inc. | LMND | $64.42 | -3.66% |
| RLI Corp. | RLI | $59.01 | -3.61% |
| Bowhead Specialty Holdings Inc. | BOW | $22.05 | -3.25% |