AWS resolved the issues that plagued its services for about 15 hours on Oct. 20.
Robbers with disc grinders took necklaces, tiaras and earrings from the Louvre.
- Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3
- AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Best Agency to Work For – Overall Winner: Robertson Ryan Insurance
- Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot
- Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Supreme Court Declines to Revive Mumps Vaccine Antitrust Case Against Merck
- Driver Crashes Into Birthday Party Killing Woman and Injuring 8 Kids in Maryland
- New Hampshire Youth Centers Seeking Coverage for Child Abuse Claims Sue Insurer
- New York Construction Firm to Pay $1.4M to Workers for Violating Their Rights
- New York Workers’ Comp Board to Close Two Virtual-Only Locations
- Colorado’s Regulator Warns Insurers About Auto Shops Waiving Deductibles
- People Moves: Pyfrom Named Starwind Cannabis EVP of Sales and Distribution; Golden Bear Adds Witherspoon As Lawyers Professional Liability Team Lead
- Most Arizona DOI Cases Are Personal Lines And Over Claims Handling
- The Next Big Film Studios Could Be in Nevada if Some Unions Get Their Way
- California Attorney General Announces Settlement Against Plastic Bag Makers
- LA County Reaches New $828 Million Deal With Abuse Victims
- Liberty Mutual Signs on as Title Sponsor for Music City Bowl in Nashville
- NC Commissioner Meets With Residents After More Homes Fall into Ocean
- Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company
- Florida AG Issues Criminal Subpoenas for Roblox, Says Platform Puts Children at Risk
- North Carolina Supreme Court Lets Stand Greg Lindberg’s Civil Fraud Liability
- Homeowners Facing Big Deductibles? Mission Says it Has a Buyback Plan for That
- Plan to Pump Billions of Gallons From East Texas Appears on Hold
- Cards Against Humanity and SpaceX Reach Settlement in Texas Land Dispute
- Louisiana Judge Invalidates Permit for LNG Facility, Orders Review of Climate Impact
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- Texas Residents to Vote on $20B Package to Secure State’s Water Supply
- Amazon Delivery Firms Are Bailing Amid Rising Costs, Meager Profit
- Kansas Man Sentenced for Insurance Fraud
- Plane Returns to Nebraska Airport After Cockpit Misinterpretation
- Rockford Mutual Launches Commercial Auto in Michigan
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- World Acquires Wisconsin’s Green Bay Insurance Center
- Target Is Selling THC Beverages in Minnesota Test Run
National News
- AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
- Best Agency to Work For – Overall Winner: Robertson Ryan Insurance
- US Saw Record $101 Billion in Weather Losses Through June
- Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3
- Amazon Cloud Reputation Takes Hit After Outage
- Grounded Paychecks: 60,000 Air Safety Workers Tighten Belts as US Shutdown Drags
- People Moves: Novatae Risk Group Names Jenkins COO
East News
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Supreme Court Declines to Revive Mumps Vaccine Antitrust Case Against Merck
- Driver Crashes Into Birthday Party Killing Woman and Injuring 8 Kids in Maryland
- New Hampshire Youth Centers Seeking Coverage for Child Abuse Claims Sue Insurer
- New York Construction Firm to Pay $1.4M to Workers for Violating Their Rights
- New York Workers’ Comp Board to Close Two Virtual-Only Locations
Midwest News
- Kansas Man Sentenced for Insurance Fraud
- Plane Returns to Nebraska Airport After Cockpit Misinterpretation
- Rockford Mutual Launches Commercial Auto in Michigan
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- World Acquires Wisconsin’s Green Bay Insurance Center
- Target Is Selling THC Beverages in Minnesota Test Run
A jury found the company liable to the family of a woman who died from mesothelioma.
Texas / South Central News
- Plan to Pump Billions of Gallons From East Texas Appears on Hold
- Cards Against Humanity and SpaceX Reach Settlement in Texas Land Dispute
- Louisiana Judge Invalidates Permit for LNG Facility, Orders Review of Climate Impact
- Why Eating a Burger in Houston Is Less Climate-Friendly Than in Chicago
- Texas Residents to Vote on $20B Package to Secure State’s Water Supply
- Amazon Delivery Firms Are Bailing Amid Rising Costs, Meager Profit
Southeast News
- Liberty Mutual Signs on as Title Sponsor for Music City Bowl in Nashville
- NC Commissioner Meets With Residents After More Homes Fall into Ocean
- Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company
- Florida AG Issues Criminal Subpoenas for Roblox, Says Platform Puts Children at Risk
- North Carolina Supreme Court Lets Stand Greg Lindberg’s Civil Fraud Liability
- Homeowners Facing Big Deductibles? Mission Says it Has a Buyback Plan for That
The rise of catastrophe bonds may now be eroding the market share of reinsurers.
West News
- Colorado’s Regulator Warns Insurers About Auto Shops Waiving Deductibles
- People Moves: Pyfrom Named Starwind Cannabis EVP of Sales and Distribution; Golden Bear Adds Witherspoon As Lawyers Professional Liability Team Lead
- Most Arizona DOI Cases Are Personal Lines And Over Claims Handling
- The Next Big Film Studios Could Be in Nevada if Some Unions Get Their Way
- California Attorney General Announces Settlement Against Plastic Bag Makers
- LA County Reaches New $828 Million Deal With Abuse Victims
International & Reinsurance News
- Jaguar Land Rover Hack Cost UK Economy $2.5 Billion, Report Says
- Jewelry Stolen From Louvre Valued at 88 Million Euros, Paris Prosecutor Says
- Apple Attacks EU Crackdown in Digital Law’s Biggest Court Test
- Australia Tells AI Chatbot Companies to Detail Child Protection Steps
- Baidu to Bring Robotaxis Without Steering Wheels to Switzerland
- Britain Will Make it Easier to Fine Water Firms for Pollution
- People Moves: Zurich’s BOXX Insurance Names Key Appointments in Distribution, Underwriting, Claims; HDI Global Appoints Smart to Lead Global Bloodstock & Equine
Insurance Journal Blogs and Columns
- Why Ethics CE Matters: Strengthening Professional Standards in Insurance
- A Lost Art: The Submission Letter
- Death and Insurance (Not Taxes), Part 2
- World Acquires Indiana’s ACB
- External Threat: Protecting Your Property when the Fire Starts Outside
- Economic Uncertainty and Annuities Go Hand and Hand
Quote of Note
"This is the first firming market I have seen since I joined the insurance industry, so it certainly looks a lot different than it did when I started."
More Quotes Steve Moughamian, Risk Placement Services (RPS), Lexington, Ky.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| TWFG, Inc. | TWFG | $26.60 | +5.10% |
| Goosehead Insurance, Inc | GSHD | $68.25 | +4.37% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $18.82 | +4.27% |
| Erie Indemnity Company | ERIE | $325.89 | +2.99% |
| RLI Corp. | RLI | $61.30 | +2.78% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Heritage Insurance Holdings, Inc. | HRTG | $22.87 | -1.46% |
| American Integrity Insurance Group, Inc. | AII | $22.39 | -1.32% |
| Universal Insurance Holdings, Inc. | UVE | $28.29 | -0.95% |
| Bowhead Specialty Holdings Inc. | BOW | $24.76 | -0.84% |
| Marsh & McLennan Companies, Inc. | MMC | $188.95 | -0.51% |