Oil prices briefly jumped above $90 a barrel after renewed disruption to shipping.
An investigation found Neal failed to disclose a relationship with another employee.
- Berry Producer Driscoll’s Sued Over Alleged Greenwashing, Use of Forever Chemicals
- OpenAI Models Hacked Another Company’s Systems by Mistake
- Chubb Q2 Net Income Down 3.8% on ‘Overly Soft’ Large Account, E&S Property
- Lloyd’s of London Says Former CEO Neal Breached Compliance Rules
- Insurers Must Defend Hotels Accused of Sex Trafficking of Minors
- Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration: NJ High Court
- Insurers Must Defend Hotels Accused of Sex Trafficking of Minors
- Trump Administration Probing Harvard’s Financial Aid for International Students
- Gallagher’s RPS Acquires W.N. Tuscano Agency, a Pennsylvania MGA
- Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration: NJ High Court
- Models Stripped of Insurance Cover for Club’s Unauthorized Use of Their Images
- Buffalo Man Pleads Guilty to Arson That Destroyed The Old Pink
- Luxury Homes Are Raising Risks for California FAIR Plan
- Hybrids Boom as EVs Fall Out of Favor Even in California
- Report: Arizona Vehicle Thefts Continued to Decline in First Half of Year
- People Moves: Mutual of Enumclaw Appoints Roddy as CFO; Vouch Expands Its Leadership Team
- LA Dodgers Owner’s Insurers Being Probed by Prosecutors
- License Pulled for Utah Boarding School Where Paris Hilton Says She Was Abused
- Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show
- WVU Health Leadership Failed to Address Painkiller Thefts as Opioids Spread
- Google Expands in Miami After Its Billionaire Founders Buy Homes
- Kentucky DOI Set to Lower Exam Score Requirements if Agent Has Sponsor
- Another Sign of the Times: Security First Reduces Average Dwelling/Fire Rates
- People: Georgia’s Walker Named President of National Benefits and Insurance Group
- Texas Flood Destroyed 135 Homes in Kerr County, Governor Says
- Texas Heat Wave Collides With Tropical Storm Bertha
- Texas Heat to Challenge State Grid’s Power Demand Record
- Rising Professional Boxer Killed in Texas Bicycle Incident
- Tropical Storm Watches Posted Across Florida’s Panhandle Region
- Texas Hill Country Floods Test New Warning Systems After Last Year’s Deadly Disaster
- People Moves: Grange Names Conte Chief Distribution Officer; McCabe to Succeed Wilcox as EVP and COO, Personal Lines, at Encova
- Families of Men Switched at Birth Sue North Dakota Hospital
- Cyclosporiasis Cases in Michigan Climb Above 6,000, State Health Officials Say
- People Moves: MacLean Named VP, Head of Surety at Frankenmuth
- Ohio-Based Toy Manufacturer Sued for Discrimination and Retaliation
- People Moves: Cottingham & Butler Expands Property & Casualty Leadership
National News
- As Parasite Spawned Chaos, Taylor Farms Slow-Walked Response
- OpenAI Models Hacked Another Company’s Systems by Mistake
- Chubb Q2 Net Income Down 3.8% on ‘Overly Soft’ Large Account, E&S Property
- Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration: NJ High Court
- Insurance M&A Pace Down 15% in First Half 2026: OPTIS
- Insurer Interest in AI Exclusions Growing as Risk Becomes Omnipresent
- Judge Approves Anthropic’s $1.5 Billion Settlement of Copyright Lawsuit
- Amgen Settles Shareholder Lawsuit Claiming it Hid $10.7 Billion Tax Bill
East News
- Insurers Must Defend Hotels Accused of Sex Trafficking of Minors
- Trump Administration Probing Harvard’s Financial Aid for International Students
- Gallagher’s RPS Acquires W.N. Tuscano Agency, a Pennsylvania MGA
- Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration: NJ High Court
- Models Stripped of Insurance Cover for Club’s Unauthorized Use of Their Images
- Buffalo Man Pleads Guilty to Arson That Destroyed The Old Pink
Midwest News
- People Moves: Grange Names Conte Chief Distribution Officer; McCabe to Succeed Wilcox as EVP and COO, Personal Lines, at Encova
- Families of Men Switched at Birth Sue North Dakota Hospital
- Cyclosporiasis Cases in Michigan Climb Above 6,000, State Health Officials Say
- People Moves: MacLean Named VP, Head of Surety at Frankenmuth
- Ohio-Based Toy Manufacturer Sued for Discrimination and Retaliation
- People Moves: Cottingham & Butler Expands Property & Casualty Leadership
Insurers cannot invoke “overriding public policy” to refuse to defend insured hotel owners and managers.
Texas / South Central News
- Texas Flood Destroyed 135 Homes in Kerr County, Governor Says
- Texas Heat Wave Collides With Tropical Storm Bertha
- Texas Heat to Challenge State Grid’s Power Demand Record
- Rising Professional Boxer Killed in Texas Bicycle Incident
- Tropical Storm Watches Posted Across Florida’s Panhandle Region
- Texas Hill Country Floods Test New Warning Systems After Last Year’s Deadly Disaster
Southeast News
- Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show
- WVU Health Leadership Failed to Address Painkiller Thefts as Opioids Spread
- Google Expands in Miami After Its Billionaire Founders Buy Homes
- Kentucky DOI Set to Lower Exam Score Requirements if Agent Has Sponsor
- Another Sign of the Times: Security First Reduces Average Dwelling/Fire Rates
- People: Georgia’s Walker Named President of National Benefits and Insurance Group
Voters in the state are being wooed by political candidates with divergent visions.
West News
- Luxury Homes Are Raising Risks for California FAIR Plan
- Hybrids Boom as EVs Fall Out of Favor Even in California
- Report: Arizona Vehicle Thefts Continued to Decline in First Half of Year
- People Moves: Mutual of Enumclaw Appoints Roddy as CFO; Vouch Expands Its Leadership Team
- LA Dodgers Owner’s Insurers Being Probed by Prosecutors
- License Pulled for Utah Boarding School Where Paris Hilton Says She Was Abused
International & Reinsurance News
- Lloyd’s of London Says Former CEO Neal Breached Compliance Rules
- Insurer Rewards Can Boost Climate Resilience Spending, Aon Says
- EU Insurance Regulator Demands Long-Term View From Private Equity Buyers
- Three Tankers Carrying Saudi Crude Make U-Turns in Red Sea After Houthi Warning
- Heat Morphs Into a Major Economic Shock for an Unprepared Europe
- UK Lawmaker Lucy Rigby Appointed City Minister in Charge of Financial Services
- Chicken Back on Menu as Cyber-Hit Nichirei Restores Operations in Japan
Insurance Journal Blogs and Columns
- CRM Software for Insurance Vs. AMS
- How to Pay for Alliance Risk & Insurance Designation Courses: Employer Support, Subscriptions, and Scholarships
- AI Without the Risk: A Small Agency’s Guide to AI Governance and Data Security
- Risk & Insurance Education Alliance’s Analysis of Risk Course Is Now Available in a Self-Paced Format
- The 5 Tech Stack Mistakes That Keep Scratch Agencies from Scaling
- Mitigating Urban Hurricane Risk with Grassroots Conversations
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 |
|---|---|---|---|
| Selective Insurance Group, Inc. | SIGI | $98.76 | +2.09% |
| Lemonade, Inc. | LMND | $68.62 | +1.73% |
| The Hartford Insurance Group, Inc. | HIG | $141.98 | +1.05% |
| American International Group, Inc. | AIG | $80.24 | +0.55% |
| The Hanover Insurance Group, Inc. | THG | $215.06 | +0.33% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Goosehead Insurance, Inc. | GSHD | $53.75 | -6.08% |
| Erie Indemnity Company | ERIE | $215.82 | -4.08% |
| Neptune Insurance Holdings Inc. | NP | $30.34 | -3.96% |
| Brown & Brown, Inc. | BRO | $66.64 | -3.34% |
| Trupanion, Inc. | TRUP | $25.85 | -3.33% |