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.
- India Offers Insurance Support as Small Exporters Face Cash-Flow Strain
- Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available
- Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality
- Former Farmers Agent Sued by Insurer Over Sharing Confidential Data
- Florida’s Home Hardening Grant Plan Is Massive, Popular—and Flawed, Critics Say
- Prysmian Eyes New Texas Copper Mill Amid Data Center Boom
- NYC Eyes Ending Legal Support For ex-Mayor Adams in Sexual Assault Lawsuit
- New Jersey High Court Finds Public Schools Can Be Vicariously Liable for Sexual Abuse
- Does Workers’ Compensation Cover Employee Injured Performing a ‘Common Courtesy’?
- ‘Tag Man’ Charged With Title-Washing $3.8 Million in Stolen Luxury Autos
- People Moves: MEMIC Promotes Jarrard and Roberts; Khurana Joins Patriot Growth
- Penn. Seeks $2.6M Penalties From Utility Over Deadly Explosion at Chocolate Factory
- People Moves: CopperPoint Appoints Woods SVP, Head of Product
- California Weighs Crackdown on Social Media for Kids Under 16
- 2,400 Kaiser Mental Health Professionals Strike in California Over AI Concerns
- Report: ‘One in A Million’ Live Fire Malfunction Rained Shrapnel on California Highway
- Arizona Cardiology Group Paying $4.75M Over Unnecessary Vein Procedure Allegations
- LA County Metro Buses Will Warn Against Workers’ Comp Fraud
- Publix Not Liable in ‘Unforeseeable’ 2021 Supermarket Shooting, Florida Court Says
- Florida’s Home Hardening Grant Plan Is Massive, Popular—and Flawed, Critics Say
- Florida OIR Summit Includes Cal Commissioner Lara, Sessions on AI, Compliance, Data
- 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
- Prysmian Eyes New Texas Copper Mill Amid Data Center Boom
- People Moves: Trade Names Krol as Chief Operating Officer
- 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
- Wisconsin Beauty Products Manufacturer Cited for Safety Violations
- Massive 7-Ton Meteor Explodes Over Cleveland, Startling Residents
- Jewelers Mutual Launches Digital Jewelry Insurance Program Powered by Sure
- 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
National News
- About to Take Off?: Legal Fights Emerge Over Toxic Fumes on Flights
- Researchers Uncover iPhone Spyware Capable of Penetrating Millions of Devices
- Hippo, Progressive Embark on Strategic Distribution Relationship
- Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?
- Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
- McDonald’s Must Face Black Ex-Executives’ Claims of Harassment, Retaliation
- CISA Asks Companies to Secure Microsoft Tool After Stryker Cyberattack
- Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline
- Former Farmers Agent Sued by Insurer Over Sharing Confidential Data
East News
- NYC Eyes Ending Legal Support For ex-Mayor Adams in Sexual Assault Lawsuit
- New Jersey High Court Finds Public Schools Can Be Vicariously Liable for Sexual Abuse
- Does Workers’ Compensation Cover Employee Injured Performing a ‘Common Courtesy’?
- ‘Tag Man’ Charged With Title-Washing $3.8 Million in Stolen Luxury Autos
- People Moves: MEMIC Promotes Jarrard and Roberts; Khurana Joins Patriot Growth
- Penn. Seeks $2.6M Penalties From Utility Over Deadly Explosion at Chocolate Factory
Midwest News
- Wisconsin Beauty Products Manufacturer Cited for Safety Violations
- Massive 7-Ton Meteor Explodes Over Cleveland, Startling Residents
- Jewelers Mutual Launches Digital Jewelry Insurance Program Powered by Sure
- 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
The state high court ruled the prescriptive period is interrupted by unconditional payments even if an insurer goes insolvent.
Texas / South Central News
- Prysmian Eyes New Texas Copper Mill Amid Data Center Boom
- People Moves: Trade Names Krol as Chief Operating Officer
- 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
Southeast News
- Publix Not Liable in ‘Unforeseeable’ 2021 Supermarket Shooting, Florida Court Says
- Florida’s Home Hardening Grant Plan Is Massive, Popular—and Flawed, Critics Say
- Florida OIR Summit Includes Cal Commissioner Lara, Sessions on AI, Compliance, Data
- 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
More than a third of the global population resides in regions where heat severely affects daily life, says a report.
West News
- People Moves: CopperPoint Appoints Woods SVP, Head of Product
- California Weighs Crackdown on Social Media for Kids Under 16
- 2,400 Kaiser Mental Health Professionals Strike in California Over AI Concerns
- Report: ‘One in A Million’ Live Fire Malfunction Rained Shrapnel on California Highway
- Arizona Cardiology Group Paying $4.75M Over Unnecessary Vein Procedure Allegations
- LA County Metro Buses Will Warn Against Workers’ Comp Fraud
International & Reinsurance News
- US Allies See No Way of Opening Hormuz Strait During War
- Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available
- Iran Attacks Energy Sites, Defying Trump Calls for Restraint
- Countries Propose Safe Corridor to Free 20,000 Seafarers Stranded in Gulf
- India Offers Insurance Support as Small Exporters Face Cash-Flow Strain
- Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline
Insurance Journal Blogs and Columns
- 3 Use Cases for Bulk Terminations
- 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
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 |
|---|---|---|---|
| The Progressive Corporation | PGR | $202.68 | +0.75% |
| Enact Holdings, Inc. | ACT | $40.64 | +0.54% |
| NI Holdings, Inc. | NODK | $13.02 | +0.46% |
| Safety Insurance Group, Inc. | SAFT | $72.40 | +0.46% |
| Root, Inc. | ROOT | $44.74 | +0.34% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| TWFG, Inc. | TWFG | $18.22 | -6.37% |
| Goosehead Insurance, Inc. | GSHD | $42.21 | -6.20% |
| Kinsale Capital Group, Inc. | KNSL | $326.72 | -6.20% |
| James River Group Holdings, Inc. | JRVR | $6.06 | -5.46% |
| Kingsway Financial Services Inc. | KFS | $10.22 | -4.84% |