Plaintiffs said the Texas Windstorm Insurance Assoc. fraudulently reduced claim estimates.
Allstate’s Large Language Intelligent Ecosystem is the next step of its strategy.
- Four Patients Affected, One Paralyzed, After Drug Mix-up at Nashville Hospital
- A Landmark Supreme Court Ruling Is Upending How America Moves Its Goods
- Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
- Progressive Boosts Exposure With Football Field Logos at 13 Universities
- Former NFL QB Hasselbeck on Frontier: Diagnosing CTE Disease in the Living
- Teen Drops Lawsuit Against Meta, Google and Snap Ahead of Trial
- Rhode Spill: Summer Heat Turns Truckload of Spilled Squid Into Unappetizing Mess
- Former NFL QB Hasselbeck on Frontier: Diagnosing CTE Disease in the Living
- King Risk Partners Acquires The Roberts Agency in Connecticut
- OpenAI Warns of Confusion as Massachusetts Readies Crackdown
- Police Officer Sentenced for Role With Other Officers in Insurance Fraud Scheme
- People Moves: MEMIC Group Adds 2 to Loss Control Team
- Storm-Battered Hawaii Faces Torrential Rain, Mudslide Threat
- California Adopts Weaker Home Protection Rules as Wildfires Grow
- Report Shows Growing Silicosis Epidemic Among Quartz Countertop Workers
- Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million
- A $100 Million Mall Reopening Is a Sign of LA’s Uneven Fire Recovery
- Meta Stares Down Trillion-Dollar Threat as Landmark Social Media Trial Begins
- Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
- Georgia Man Charged With Burglarizing Greg Biffle’s Home After Plane Crash
- Four Patients Affected, One Paralyzed, After Drug Mix-up at Nashville Hospital
- Automakers Paying $11.5M to Settle Mexican Engineers’ Claims of Job Deception
- One Battle After Another: What TPLF Victory in One State Means for Others
- One Insurance Agent Wins, Two Others Miss Out in Florida House Races
- People Moves: Alliant Adds George to Employee Benefits Group in Arkansas
- West Texas Oil Producers Pushing Power Demand ‘Through the Roof’
- Hemp Industry Sues Texas Over THC Ban, Claiming State Monopoly
- Texas Homeowners, Industry Collide Over Transmission Lines
- Louisiana Councilwoman Honored for Fortified Roof Gap Funding Program
- Texas to Audit Data Center Projects
- Thousands in Indiana Still Without Power After Deadly Storms
- Explosions at Ohio Recycling Plant Claim 2 Lives
- People Moves: Jewelers Mutual CEO Murphy to Retire; Alexander Named Successor
- Wisconsin Car Dealership Sued for Retaliation
- Burst of New Solar Power Makes Midwest Grid the Biggest in US
- Amazon to Expand Drone Deliveries to Suburban Chicago, Atlanta
National News
- Apollo Global Reveals Data Breach After Hackers Target Financial Firms
- Rates, Digital Support Boost Small Business Insurance Customer Satisfaction: JD Power
- Viewpoint: If AI Compute Is an Investable Asset, AI Agency Must Become Insurable
- Abbott Agrees to $670 Million Settlement of Infant Formula Cases
- Multistate Salmonella Infections Climb to 431, CDC Says
- Teen Drops Lawsuit Against Meta, Google and Snap Ahead of Trial
East News
- Rhode Spill: Summer Heat Turns Truckload of Spilled Squid Into Unappetizing Mess
- Former NFL QB Hasselbeck on Frontier: Diagnosing CTE Disease in the Living
- King Risk Partners Acquires The Roberts Agency in Connecticut
- OpenAI Warns of Confusion as Massachusetts Readies Crackdown
- Police Officer Sentenced for Role With Other Officers in Insurance Fraud Scheme
- People Moves: MEMIC Group Adds 2 to Loss Control Team
Midwest News
- Thousands in Indiana Still Without Power After Deadly Storms
- Explosions at Ohio Recycling Plant Claim 2 Lives
- People Moves: Jewelers Mutual CEO Murphy to Retire; Alexander Named Successor
- Wisconsin Car Dealership Sued for Retaliation
- Burst of New Solar Power Makes Midwest Grid the Biggest in US
- Amazon to Expand Drone Deliveries to Suburban Chicago, Atlanta
Munich Re has reclaimed its position from Swiss Re as the largest global reinsurer, said AM Best.
Texas / South Central News
- People Moves: Alliant Adds George to Employee Benefits Group in Arkansas
- West Texas Oil Producers Pushing Power Demand ‘Through the Roof’
- Hemp Industry Sues Texas Over THC Ban, Claiming State Monopoly
- Texas Homeowners, Industry Collide Over Transmission Lines
- Louisiana Councilwoman Honored for Fortified Roof Gap Funding Program
- Texas to Audit Data Center Projects
Southeast News
- Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
- Georgia Man Charged With Burglarizing Greg Biffle’s Home After Plane Crash
- Four Patients Affected, One Paralyzed, After Drug Mix-up at Nashville Hospital
- Automakers Paying $11.5M to Settle Mexican Engineers’ Claims of Job Deception
- One Battle After Another: What TPLF Victory in One State Means for Others
- One Insurance Agent Wins, Two Others Miss Out in Florida House Races
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- Storm-Battered Hawaii Faces Torrential Rain, Mudslide Threat
- California Adopts Weaker Home Protection Rules as Wildfires Grow
- Report Shows Growing Silicosis Epidemic Among Quartz Countertop Workers
- Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million
- A $100 Million Mall Reopening Is a Sign of LA’s Uneven Fire Recovery
- Meta Stares Down Trillion-Dollar Threat as Landmark Social Media Trial Begins
International & Reinsurance News
- Piracy Observer Says Somali Incidents Rising as Navies Stretched
- Australia’s Steadfast Agrees to $5.51B Buyout Bid by KKR-Backed Consortium
- Tesla Recalls 3 Million EVs in China Over Door Handle Safety
- Dutch Regulator Fines Uber $966M for Automating Driver Suspensions
- Sydney Air Traffic Controllers Warn of Grave Safety Concerns
- S. Korean Ship to Test Arctic Route to Europe but Western Allies Concerned
- Gallagher Re Launches Digital Risk Practice to Aid Tech Risk Management
Insurance Journal Blogs and Columns
- Specialize Your Expertise: Alliance Programs for Construction, Restaurant, Workers Compensation, Cyber, and Environmental Risks
- The retention engine hiding in the field
- The Modern Insurance Agency Management System: Essential Features for Growth
- Stay in Your Lane – Part 2
- AI vs. Automation: The Shift That’s Changing Agency Workflows
- How Small Agencies Can Win in Commercial Lines Quoting
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 |
|---|---|---|---|
| Reliance Global Group, Inc. | EZRA | $3.02 | +21.04% |
| Presurance Holdings, Inc. | PRHI | $7.80 | +7.59% |
| Lemonade, Inc. | LMND | $53.37 | +5.25% |
| Kingsway Corporation | KWY | $10.42 | +3.89% |
| Goosehead Insurance, Inc. | GSHD | $72.52 | +2.57% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $55.79 | -2.82% |
| CNA Financial Corporation | CNA | $48.98 | -1.01% |
| W. R. Berkley Corporation | WRB | $68.60 | -0.84% |
| American Integrity Insurance Group, Inc. | AII | $25.35 | -0.82% |
| Loews Corporation | L | $109.83 | -0.79% |