Plaintiffs said the Texas Windstorm Insurance Assoc. fraudulently reduced claim estimates.
The agreement is one of the largest data breach settlement amounts.
- Nuclear Verdicts Go Boom, Increase 40.7% in 2025
- Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
- How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700
- Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
- USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
- KPMG Australia to Fire Hundreds of Workers as Crisis Deepens
- Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
- Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
- Harvard to Pay $53 Million Settlement Over Body Parts Sold by Former Morgue Manager
- People Moves: Ames & Gough Names 3 Assistant VPs in DC Office
- Former Virginia Insurance Agent Pleads Guilty to Fraud
- After Alex Jones’ $40M Texas Court Win, He Still Faces More Than $1B in Damages
- Firefighters Make Gains on Nevada Wildfire That’s Destroyed 30 Homes
- Los Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows
- People Moves: Alliant Adds Johnson as Northwest Employee Benefits Team VP
- California Cancels Talks With Paramount Over Warner Bros Merger, NYT Reports
- Storm-Battered Hawaii Faces Torrential Rain, Mudslide Threat
- California Adopts Weaker Home Protection Rules as Wildfires Grow
- Kentucky High Court Recalculates Employer Attorney Fees, Recovery in Subrogation
- How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700
- NCCI Recommends Another Workers’ Comp Rate Cut for Florida
- New Ways Florida Is Adapting to Growing Threats From Sea Level and Storms
- Jury Says NYTimes Defamed Alabama Basketball Player, Awards $9.5M
- People Moves: Causey Names Myers New Deputy Chief at NCDOI
- Inszone Acquires Oklahoma’s Harris Insurance Services
- Texas Oil Industry Running Out of Space to Dispose Wastewater
- People Moves: TDI Names Kranes as Deputy Commissioner of Strategy and Performance
- Texas Court Slashes $50M Judgment Against Alex Jones
- AM Best Upgrades Credit Ratings of Arkansas’ Kinsale
- People Moves: Alliant Adds George to Employee Benefits Group in Arkansas
- People Moves: Alacrity Solutions Promotes Boyd to COO
- Missouri Contractor Sentenced for Fraud Scheme
- Alfalfa Sprouts Linked to Food Poisoning in Minnesota and Wisconsin
- Wisconsin Food Manufacturer Cited After Worker Fatalities
- Thousands in Indiana Still Without Power After Deadly Storms
- Explosions at Ohio Recycling Plant Claim 2 Lives
National News
- Nuclear Verdicts Go Boom, Increase 40.7% in 2025
- Viewpoint: When Andrew Returns – A Look Back at a Pivotal Insurance Event
- Google Expands Gemini Enterprise AI Platform for Law Firms, Lawyers
- Coverage Without Borders: Protecting High-Profile Clients Across a Global Stage
- Judge Rejects First Brands’ Plan to Pay Down Debts by Pursuing Lawsuits
- Markets/Coverages: Classic Car Insurer OpenRoad Expands to 40 States
- USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
- Register: Risky Future AI Tools for Insurance BPO & Consulting ‘Demo Day’ on August 26
East News
- Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
- Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
- Harvard to Pay $53 Million Settlement Over Body Parts Sold by Former Morgue Manager
- People Moves: Ames & Gough Names 3 Assistant VPs in DC Office
- Former Virginia Insurance Agent Pleads Guilty to Fraud
- After Alex Jones’ $40M Texas Court Win, He Still Faces More Than $1B in Damages
Midwest News
- People Moves: Alacrity Solutions Promotes Boyd to COO
- Missouri Contractor Sentenced for Fraud Scheme
- Alfalfa Sprouts Linked to Food Poisoning in Minnesota and Wisconsin
- Wisconsin Food Manufacturer Cited After Worker Fatalities
- Thousands in Indiana Still Without Power After Deadly Storms
- Explosions at Ohio Recycling Plant Claim 2 Lives
Munich Re has reclaimed its position from Swiss Re as the largest global reinsurer, said AM Best.
Texas / South Central News
- Inszone Acquires Oklahoma’s Harris Insurance Services
- Texas Oil Industry Running Out of Space to Dispose Wastewater
- People Moves: TDI Names Kranes as Deputy Commissioner of Strategy and Performance
- Texas Court Slashes $50M Judgment Against Alex Jones
- AM Best Upgrades Credit Ratings of Arkansas’ Kinsale
- People Moves: Alliant Adds George to Employee Benefits Group in Arkansas
Southeast News
- Kentucky High Court Recalculates Employer Attorney Fees, Recovery in Subrogation
- How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700
- NCCI Recommends Another Workers’ Comp Rate Cut for Florida
- New Ways Florida Is Adapting to Growing Threats From Sea Level and Storms
- Jury Says NYTimes Defamed Alabama Basketball Player, Awards $9.5M
- People Moves: Causey Names Myers New Deputy Chief at NCDOI
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- Firefighters Make Gains on Nevada Wildfire That’s Destroyed 30 Homes
- Los Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows
- People Moves: Alliant Adds Johnson as Northwest Employee Benefits Team VP
- California Cancels Talks With Paramount Over Warner Bros Merger, NYT Reports
- Storm-Battered Hawaii Faces Torrential Rain, Mudslide Threat
- California Adopts Weaker Home Protection Rules as Wildfires Grow
International & Reinsurance News
- Japan’s Tokio Marine Eyes Insurer Suncorp as Preferred Takeover Target, FT Reports
- China’s Hackers Use DeepSeek for Attacks, Researchers Say
- Fortescue Suspends Executive Over Sexual Harassment Allegations
- Canada Announces Retaliatory Tariffs on $20 Billion Worth of US Goods
- Europe’s Record Heat Is Splitting Stock Winners From Losers
- New Zealand Insurance Industry Failing to Meet Māori Needs, Market Watchdog Says
- Business Moves: Clear Group Buys Specialist Lloyd’s Wholesale Broker Newman Pearce & Partners; ANV Agrees to Buy UK Warranty MGA, Car Care Plan
Insurance Journal Blogs and Columns
- Why 400+ Loss Run Formats and 5 Years in Production Make Insurance AI Actually Work
- Severe Convective Storms Demand Closer Attention
- 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
Quote of Note
"Stay home. ... Just stay home. That will help you and help us. Do not try to drive through this high water."
More Quotes Houston Mayor Sylvester Turner
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% |