Broker Hub International is seeking to raise about $3 billion in its initial public offering.
The flood insurance gap in the U.S. is big and it’s not getting better, said Moody's.
- Former Auto-Owners Claims Manager in NC Charged With Fraud in His Own Claim
- Travelers Builds Insurance-Specific LLM
- Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says
- Tech and Finance Sectors Losing 28,000 Jobs Monthly Show AI Impact on Labor
- PE-Backed Insurance Broker Hub International Files Confidentially for US IPO
- Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling
- New York City Investigating Legionnaires’ Disease Outbreak on Upper East Side
- Supreme Court to Weigh If States’ Assault Weapons Bans Violate Second Amendment
- New Jersey Busts Alleged $8 Million Auto Theft Operation Involving 63 People
- Co-Owner of Maine Lumber Mill Dies of Injuries From Fire and Explosion
- New York City, Northeast Swelter in Hottest Day of the Year
- Virginia to Allow Recreational Marijuana Sales in Retail Stores in 2027
- AM Best Places Credit Ratings of Topa in California Under Review
- Washington Labor & Industries Opens Inspections at State’s Other Kraft Paper Mills
- California Bans ‘Sell By’ Food Labels to Cut Food Waste
- DUAL North America Launches California Homeowners Product
- Washington Farm Labor Contractor Fined $700,000 for Breaking Worker Protection Laws
- Airbnb Must Face LA Lawsuit Alleging Price Gouging During 2025 Wildfires
- Alabama DOI Lifts 16-Month Moratorium on New Captive Insurers
- Tiger’s Hospital Records to be Handed Over to Prosecutors in DUI Case
- Murdaugh’s Saga Continues With New Trial Date Set for April 5
- Florida Supreme Court Ruling Could Mean New Pressure to Settle High-Dollar Lawsuits
- Former Auto-Owners Claims Manager in NC Charged With Fraud in His Own Claim
- The Lull Before the Storms: Businesses Should Test Hurricane Plans, Panel Says
- AM Best Revises Outlook to Positive for Louisiana Workers’ Compensation Corporation
- Oklahoma-Based Homebuilder Sued for Pregnancy Discrimination
- Texas Petrochemical Plants May Not be Ready for Fiercer Storms
- Camp Mystic Seeks Bankruptcy to Settle Texas Flood Wrongful Death Claims
- Amwins Acquires Texas’ Jackson-Lloyd
- Hilb Group Acquires Louisiana Agency
- Ex-Michigan Police Lieutenant Pleads Guilty to Falsifying Salvage Vehicle Inspections
- People Moves: Alliant Hires Sorensen as EVP in Mergers & Acquisitions
- People Moves: Gerger Named CEO of Big I Illinois
- Missouri Restaurant Settles EEOC Sexual Harassment Lawsuit
- Report: $2.9B in Claims Paid in Missouri After Severe 2025 Season
- Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions
National News
- Hellman & Friedman’s Hub International Seeks $3 Billion in IPO
- Agent-Carrier Relationships Improving, Survey Shows
- People Moves: AIG Nabs Aon’s Williams for New Client, Broker Relationships Role
- FBI Probes Whether Alarum Unit Is Behind Co-Opted Home Devices
- Viewpoint: Methuselah Mutuals
- Cedents Find Competitive Market Conditions at Midyear Reinsurance Renewals: Brokers
East News
- New York City Investigating Legionnaires’ Disease Outbreak on Upper East Side
- Supreme Court to Weigh If States’ Assault Weapons Bans Violate Second Amendment
- New Jersey Busts Alleged $8 Million Auto Theft Operation Involving 63 People
- Co-Owner of Maine Lumber Mill Dies of Injuries From Fire and Explosion
- New York City, Northeast Swelter in Hottest Day of the Year
- Virginia to Allow Recreational Marijuana Sales in Retail Stores in 2027
Midwest News
- People Moves: Shepherd Insurance Names Hill as CIO
- Ex-Michigan Police Lieutenant Pleads Guilty to Falsifying Salvage Vehicle Inspections
- People Moves: Alliant Hires Sorensen as EVP in Mergers & Acquisitions
- People Moves: Gerger Named CEO of Big I Illinois
- Missouri Restaurant Settles EEOC Sexual Harassment Lawsuit
- Report: $2.9B in Claims Paid in Missouri After Severe 2025 Season
The legislation extends the terrorism insurance backstop until through 2034.
Texas / South Central News
- Deadly Screwworm’s Leap Into the US Mystifies Health Experts
- Texas Doesn’t Require Training for All Emergency Coordinators
- AM Best Revises Outlook to Positive for Louisiana Workers’ Compensation Corporation
- Oklahoma-Based Homebuilder Sued for Pregnancy Discrimination
- Texas Petrochemical Plants May Not be Ready for Fiercer Storms
- Camp Mystic Seeks Bankruptcy to Settle Texas Flood Wrongful Death Claims
Southeast News
- Alabama DOI Lifts 16-Month Moratorium on New Captive Insurers
- Tiger’s Hospital Records to be Handed Over to Prosecutors in DUI Case
- Murdaugh’s Saga Continues With New Trial Date Set for April 5
- Florida Supreme Court Ruling Could Mean New Pressure to Settle High-Dollar Lawsuits
- Former Auto-Owners Claims Manager in NC Charged With Fraud in His Own Claim
- The Lull Before the Storms: Businesses Should Test Hurricane Plans, Panel Says
The world must urgently develop guardrails to contain the threat posed by AI, he said.
West News
- AM Best Places Credit Ratings of Topa in California Under Review
- Washington Labor & Industries Opens Inspections at State’s Other Kraft Paper Mills
- California Bans ‘Sell By’ Food Labels to Cut Food Waste
- DUAL North America Launches California Homeowners Product
- Washington Farm Labor Contractor Fined $700,000 for Breaking Worker Protection Laws
- Airbnb Must Face LA Lawsuit Alleging Price Gouging During 2025 Wildfires
International & Reinsurance News
- Insurers Avoid €580 Million Hit From Nord Stream Pipeline Blasts
- AI Poses Biggest Security Challenge of Decade, UK’s Cooper Warns
- Allstate’s SquareTrade Europe Launches Licensed Insurer Headquartered in Brussels
- Europe Faces Weeks of Extreme Heat as Fire and Power Risks Build
- Japan-Linked Ships Escaping Hormuz in Convoy Through Iran Route
- Europe Targets Shadow Fleet Tankers Falsely Using Cameroon Flag, Sources Say
- Google Loses Fight Against Record €4.1 Billion EU Antitrust Fine
Insurance Journal Blogs and Columns
- America Turns 250, and the Risk Meter Is Still Working
- Innovation in Insurance Starts with Operations
- Bridge Specialty Group & BoundAI: Transforming Submission Operations with 40% Cost Savings
- The Insurance Review Clients Actually Need This Summer
- The Challenges of D&O Risk in Private Equity
- Beyond Auto and Home: Why Agencies Should Eye Small Commercial Insurance
Quote of Note
"The coronavirus outbreak has reduced risk in some areas while, at the same time, changing and heightening it in others. The wider changes in society and industry brought about and accelerated by the pandemic are likely to have a long-term impact on claims patterns and loss trends in the corporate insurance sector."
More Quotes Thomas Sepp, chief claims officer, Allianz Global Corporate & Specialty
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Slide Insurance Holdings, Inc. | SLDE | $21.25 | +6.30% |
| Arthur J. Gallagher & Co. | AJG | $252.44 | +5.33% |
| Ryan Specialty Holdings, Inc. | RYAN | $42.03 | +5.00% |
| Palomar Holdings, Inc. | PLMR | $140.00 | +4.72% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $25.42 | +4.31% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Reliance Global Group, Inc. | EZRA | $3.08 | -4.94% |
| Neptune Insurance Holdings Inc. | NP | $33.22 | -2.47% |
| Hippo Holdings Inc. | HIPO | $28.93 | -1.40% |
| Enact Holdings, Inc. | ACT | $45.34 | -0.11% |
| Global Indemnity Group, LLC | GBLI | $25.05 | +0.08% |