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.
- Former Oklahoma Farmers Agent Accused of Sharing Confidential Data in Lawsuit
- Insurer Wants Its $3.5M Back Because City Delayed Reporting Claims for 5 Years
- Facing Suit From Former Employer, Parrish Appointed Howden CEO, Americas
- Update: Hormuz Escape Route Suggests Ships Navigate on Iran’s Terms
- Iran-Linked Hackers Take Aim at US, Other Targets, Raising Risk of Cyberattacks
- US $20B Reinsurance Plan Unlikely to Restart Gulf Shipping Without Liability Cover
- 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
- Repairs Completed on Ruptured Pipe That Leaked Sewage Into Potomac River
- US Charges Man Accused of Selling Gun to Old Dominion University Shooter
- 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
- Busiest US Seaport Largely Insulated From Iran War Disruptions, Exec Director Says
- Uber And Motional Launch Commercial Robotaxi Service in Las Vegas
- 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
- Iran-Linked Hackers Take Aim at US, Other Targets, Raising Risk of Cyberattacks
- Facing Suit From Former Employer, Parrish Appointed Howden CEO, Americas
- DUAL North America Names Ashby CEO
- Amazon Unit Withdraws From Drone Trade Group, Raises Safety Concerns
- SEC Preparing to Scrap Quarterly Reporting Requirement, WSJ Reports
- People Moves: HW Kaufman Group Names Hattaway President of RB Jones; Rokstone Hires QBE North America Casualty Leader Lill
- Bank of America Agrees to Settle Claims It Aided Epstein
- US $20B Reinsurance Plan Unlikely to Restart Gulf Shipping Without Liability Cover
East News
- 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
- Repairs Completed on Ruptured Pipe That Leaked Sewage Into Potomac River
- US Charges Man Accused of Selling Gun to Old Dominion University Shooter
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
- 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
- Busiest US Seaport Largely Insulated From Iran War Disruptions, Exec Director Says
- Uber And Motional Launch Commercial Robotaxi Service in Las Vegas
International & Reinsurance News
- Shipping Insurance Costs to Cross Hormuz Soar After Vessel Attacks
- IMO Chief Says Naval Escorts Won’t Guarantee Ship Safety Through Strait of Hormuz: FT
- Update: Hormuz Escape Route Suggests Ships Navigate on Iran’s Terms
- Middle East War to Intensify Soaring European Corporate Distress
- AI Hyperscalers’ Shadow Borrowing Bolsters Private Credit Risks
- 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
"We may intervene and take further actions where firms do not appear to be meeting our expectations and treating their customers fairly."
More Quotes Financial Conduct Authority (FCA), which has taken eight insurers to court over business interruption policy wordings.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $57.74 | +4.70% |
| Kingsway Financial Services Inc. | KFS | $10.69 | +2.99% |
| Kingstone Companies, Inc. | KINS | $15.63 | +2.83% |
| Trupanion, Inc. | TRUP | $25.36 | +2.51% |
| Slide Insurance Holdings, Inc. | SLDE | $18.07 | +2.38% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American Integrity Insurance Group, Inc. | AII | $18.92 | -2.12% |
| HCI Group, Inc. | HCI | $164.79 | -1.55% |
| Kinsale Capital Group, Inc. | KNSL | $358.65 | -1.07% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $44.69 | -1.06% |
| Global Indemnity Group, LLC | GBLI | $28.71 | -1.00% |