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
- Escape Route Through Strait of Hormuz Now Involves Iran Passage
- Insurer Wants Its $3.5M Back Because City Delayed Reporting Claims for 5 Years
- US $20B Reinsurance Plan Unlikely to Restart Gulf Shipping Without Liability Cover
- Why Is it so Easy for Iran to Shut the Strait of Hormuz?
- Iran-Linked Hackers Take Aim at US, Other Targets, Raising Risk of Cyberattacks
- 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
- ‘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
- Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods
- 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
- ‘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
- Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods
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
- Escape Route Through Strait of Hormuz Now Involves Iran Passage
- Middle East War to Intensify Soaring European Corporate Distress
- AI Hyperscalers’ Shadow Borrowing Bolsters Private Credit Risks
- Howden Announces Leadership Changes for Regional Structure Changes
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
If the court doesn't reconsider, then in California, it's hard to believe we'll be able to switch our model to full-time employment quickly.
More Quotes Uber Chief Executive Officer Dara Khosrowshahi
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% |