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.
- Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance
- Facing Suit From Former Employer, Parrish Appointed Howden CEO, Americas
- Gulf Banks Face $307 Billion Deposit Flight Risk if War Worsens, S&P Says
- Hormuz Reopening Looks Unlikely Without a Ceasefire in Iran War
- After Milton’s Damage to Stadium, St. Pete Votes to Raise Coverage to $50M
- Howden Announces Leadership Changes for Regional Restructuring
- 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
- AM Best Revises Outlooks to Stable for Amica Group
- 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 Brownfield Development Bill Raising Concerns About Coverage, Litigation
- Tennessee Minors Sue Musk’s AI System, Alleging it Generated Sexual Images of Them
- Tornadoes, High Winds Leave Damage Across Parts of the Southeast
- Judge Sides With Florida Citizens in Another Win for DOAH Arbitration Plan
- TPG Launches Third Wave Brokerage, Which Acquires Palmer & Cay in Atlanta
- After Milton’s Damage to Stadium, St. Pete Votes to Raise Coverage to $50M
- 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
- Retailers Casualty Offers $1M in Dividends to Safe Employers
- Insurers Under Allstate Group File Louisiana Rate Decreases for Personal Auto
- 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
- Iowa Enacts Law Banning Local Gender Identity Protections
- Retailers Casualty Offers $1M in Dividends to Safe Employers
National News
- SEC’s Top Cop Resigns After Just Six Months on the Job
- Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance
- Iran War Cost Spike Straining Farmers Ahead of Midterm Elections
- Iran-Linked Hackers Take Aim at US, Other Targets, Raising Risk of Cyberattacks
- Opportunities for Specialty Insurance Growth in 2026
- Facing Suit From Former Employer, Parrish Appointed Howden CEO, Americas
- JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve
- DUAL North America Names Ashby CEO
- SEC Preparing to Scrap Quarterly Reporting Requirement, WSJ Reports
East News
- Rikers Island Correction 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
- 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
- Iowa Enacts Law Banning Local Gender Identity Protections
- Retailers Casualty Offers $1M in Dividends to Safe Employers
The state high court ruled the prescriptive period is interrupted by unconditional payments even if an insurer goes insolvent.
Texas / South Central News
- 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
- Retailers Casualty Offers $1M in Dividends to Safe Employers
- Insurers Under Allstate Group File Louisiana Rate Decreases for Personal Auto
Southeast News
- Florida Brownfield Development Bill Raising Concerns About Coverage, Litigation
- Tennessee Minors Sue Musk’s AI System, Alleging it Generated Sexual Images of Them
- Tornadoes, High Winds Leave Damage Across Parts of the Southeast
- Judge Sides With Florida Citizens in Another Win for DOAH Arbitration Plan
- TPG Launches Third Wave Brokerage, Which Acquires Palmer & Cay in Atlanta
- After Milton’s Damage to Stadium, St. Pete Votes to Raise Coverage to $50M
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
- 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
- Shipping Insurance Costs to Cross Hormuz Soar After Vessel Attacks
- Howden Announces Leadership Changes for Regional Restructuring
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 |
|---|---|---|---|
| Lemonade, Inc. | LMND | $66.87 | +15.81% |
| Neptune Insurance Holdings Inc. | NP | $23.46 | +6.64% |
| Root, Inc. | ROOT | $46.66 | +5.33% |
| Trupanion, Inc. | TRUP | $26.47 | +4.38% |
| Kingsway Financial Services Inc. | KFS | $11.02 | +3.09% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| HCI Group, Inc. | HCI | $161.18 | -2.19% |
| Assurant, Inc. | AIZ | $217.32 | -2.17% |
| Heritage Insurance Holdings, Inc. | HRTG | $28.07 | -1.34% |
| Arthur J. Gallagher & Co. | AJG | $209.16 | -1.27% |
| Brown & Brown, Inc. | BRO | $68.33 | -1.24% |