State Farm said Illinois has had more hail damage than any state except Texas.
Former Lloyd’s CEO John Neal is joining AIG as president, effective December 1.
- Former AIG Exec McElroy Faces Sexual Assault Charges in Vermont
- Jury Awards $100M in Shooting Death of Former Florida State Senator’s Son
- Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO
- Everclear High-Proof Alcohol Poses Extreme Risk, Alleges Burn Victim’s Lawsuit
- Alaska Tsunami Warning Had Residents Scrambling for High Ground After M7.3 Quake
- State Farm Implements 27% Rate Increase for Illinois Homeowners
- Everclear High-Proof Alcohol Poses Extreme Risk, Alleges Burn Victim’s Lawsuit
- Google to Offer Free AI Certification Courses to Virginia Job Seekers
- Trainee’s Death Seen as Part of Pattern of Lapses in Railroad Safety
- Lightning Strike at New Jersey Archery Range Kills 1, Injures 13
- 5Star Workers’ Compensation Rebrands to Starwind WC
- Fans Injured When Stadium Railing Collapsed Settle With Washington Commanders
- Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires
- Alaska Tsunami Warning Had Residents Scrambling for High Ground After M7.3 Quake
- Billionaire-Backed California City Pitches Plans for Factory Hub
- California Labor Commissioner Cites Ritz-Carlton and Subcontractors $2M
- Trucordia Acquires Vegas Valley Benefit Plans in Nevada
- FAA Updates Altitudes, Changeover Points for Safe Airspace Navigation in Alaska
- Jury Awards $100M in Shooting Death of Former Florida State Senator’s Son
- Tesla Settled Suit Over Autopilot Crash With Truck Crossing Highway
- King Risk Adds Equestrian Specialist Agency in South Carolina
- Former Tennessee Agent Sentenced For Continuing to Sell Insurance Products
- DeSantis Names Ingoglia CFO; Tough Talk, Mixed Voting Record on Property Insurance
- A Look Inside the Tenn. Lab Making Advanced Fuel for US Nuclear Ambitions
- AM Best Revises Outlook to Negative for Texas’ Southern Vanguard
- Waymo Expands in Austin After Tesla Launches Robotaxi Competitor
- People Moves: Higginbotham Appoints Reutter to Newly Created CFO, COO Role
- Tropical Disturbance Expected to Bring Flash Flooding to Louisiana
- Camp Mystic Leader May Not Have Seen Alert Before Flood, Family Spokesman Says
- People Moves: Hotchkiss Adds Three Partners
- Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities
- People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO
- Inszone Acquires Kansas’ Snell-Nelson Insurance Agency
- Illinois Woman Sentenced to 15 Years for Insurance Fraud and Arson Scheme
- Ryan Specialty Board Member Cameron Findlay Passes Away
- USDA Margin Coverage Option for Row Crops Available in Select States
National News
- Former AIG Exec McElroy Faces Sexual Assault Charges in Vermont
- Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO
- NHTSA Shedding More Than 25% of Employees
- Ford Recalls Over 694,000 SUVs After Year-Long Fuel Leak Probe
- Neptune Adds Capacity to Bring Flood Insurance Product Nationwide
- Trump Nominates Two Lawyers to Seal Republican Control of US Labor Board
East News
- Everclear High-Proof Alcohol Poses Extreme Risk, Alleges Burn Victim’s Lawsuit
- Google to Offer Free AI Certification Courses to Virginia Job Seekers
- Trainee’s Death Seen as Part of Pattern of Lapses in Railroad Safety
- Lightning Strike at New Jersey Archery Range Kills 1, Injures 13
- 5Star Workers’ Compensation Rebrands to Starwind WC
- Fans Injured When Stadium Railing Collapsed Settle With Washington Commanders
Midwest News
- Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities
- People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO
- Inszone Acquires Kansas’ Snell-Nelson Insurance Agency
- Illinois Woman Sentenced to 15 Years for Insurance Fraud and Arson Scheme
- Ryan Specialty Board Member Cameron Findlay Passes Away
- USDA Margin Coverage Option for Row Crops Available in Select States
The high-profile lawsuit was over a Florida driver’s 2019 death when the Autopilot system allegedly failed to avoid a collision.
Texas / South Central News
- AM Best Revises Outlook to Negative for Texas’ Southern Vanguard
- Waymo Expands in Austin After Tesla Launches Robotaxi Competitor
- People Moves: Higginbotham Appoints Reutter to Newly Created CFO, COO Role
- Tropical Disturbance Expected to Bring Flash Flooding to Louisiana
- Camp Mystic Leader May Not Have Seen Alert Before Flood, Family Spokesman Says
- People Moves: Hotchkiss Adds Three Partners
Southeast News
- Jury Awards $100M in Shooting Death of Former Florida State Senator’s Son
- Tesla Settled Suit Over Autopilot Crash With Truck Crossing Highway
- King Risk Adds Equestrian Specialist Agency in South Carolina
- Former Tennessee Agent Sentenced For Continuing to Sell Insurance Products
- DeSantis Names Ingoglia CFO; Tough Talk, Mixed Voting Record on Property Insurance
- A Look Inside the Tenn. Lab Making Advanced Fuel for US Nuclear Ambitions
More than 90% was driven by wildfires and severe convective storms in the U.S., said Aon's Global Catastrophe Recap.
West News
- Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires
- Alaska Tsunami Warning Had Residents Scrambling for High Ground After M7.3 Quake
- Billionaire-Backed California City Pitches Plans for Factory Hub
- California Labor Commissioner Cites Ritz-Carlton and Subcontractors $2M
- Trucordia Acquires Vegas Valley Benefit Plans in Nevada
- FAA Updates Altitudes, Changeover Points for Safe Airspace Navigation in Alaska
International & Reinsurance News
- Chinese Hackers Still Trying to Break Into Telecoms Across Globe
- AI Models With Systemic Risks Given Pointers on How to Comply With EU AI Rules
- China-Linked Hackers Target Taiwan’s Chip Industry With Increasing Attacks: Research
- EU’s New Russia Sanctions Aim for More Effective Oil Price Cap
- Cayman Islands Approves 21 New International Insurance Licenses During H1
- People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s
Insurance Journal Blogs and Columns
- Expert Insured (AMS) + Insurance BPO + RQB: A Complete Insurance Operations Ecosystem
- Insurance Distribution Channels: A Top-Down Look at the Insurance Distribution Chain
- Old Republic Surety Goes High-Tech with Pittsburgh Pirates Video Project
- How MyInsuranceGuy Gets a Third of Their Day Back
- Get the Truth on Tape: How Side-View Cameras Protect Fleets
- The Next Disaster: Who Will Manage Our Response?
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 |
|---|---|---|---|
| Kingstone Companies, Inc. | KINS | $15.99 | +4.03% |
| Lemonade, Inc. | LMND | $42.13 | +3.44% |
| Root, Inc. | ROOT | $131.32 | +3.43% |
| The Travelers Companies, Inc. | TRV | $265.97 | +1.59% |
| Cincinnati Financial Corporation | CINF | $150.73 | +1.14% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Ategrity Specialty Insurance Company Holdings | ASIC | $20.29 | -1.98% |
| Ryan Specialty Holdings, Inc. | RYAN | $66.04 | -1.67% |
| Kingsway Financial Services Inc. | KFS | $14.32 | -1.58% |
| NI Holdings, Inc. | NODK | $13.15 | -1.42% |
| AMERISAFE, Inc. | AMSF | $45.18 | -1.03% |