Plaintiffs said the Texas Windstorm Insurance Assoc. fraudulently reduced claim estimates.
The agreement is one of the largest data breach settlement amounts.
- Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
- Nuclear Verdicts Go Boom, Increase 40.7% in 2025
- Russia’s Escalating Hybrid Attacks Put Europeans in a Bind
- World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’
- Deloitte to Pay $21.5 Million to Settle US Probe Over DEI
- Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
- NJ High Court Removes National Boys and Girls Club From Child Sex Abuse Case
- Boston Scientific Hit by Cyberattack, Global Operations Affected
- King Risk Partners Expands in New York With Norton and Siegel
- 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
- California Lawmakers to Oppose Limits on Insurance Fire Claims
- Agents Alliance Opposes California FAIR Plan Commission Reductions
- 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
- Comments Due Soon on What Goes on WV Surplus Lines Export List
- 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
- SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
- 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
- Freestone Acquires Illinois-Based 360 Benefits
- 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
National News
- Meta, States Have Discussed Settling Teen Social Media Case
- Ex-Meta Staffer Says 99% of Teens Shunned Early Safety Tool
- Chronic Traumatic Brain Damage Widespread in Former NFL Athletes
- JPMorgan, Morgan Stanley Fight Suits Over Role in Buyout Deals
- Produce Supplier Taylor Farms Frequently Fails to Submit Annual Injury Reports: Reuters
- Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
- Nuclear Verdicts Go Boom, Increase 40.7% in 2025
- Deloitte to Pay $21.5 Million to Settle US Probe Over DEI
- Viewpoint: When Andrew Returns – A Look Back at a Pivotal Insurance Event
- Google Expands Gemini Enterprise AI Platform for Law Firms, Lawyers
- Judge Rejects First Brands’ Plan to Pay Down Debts by Pursuing Lawsuits
East News
- NJ High Court Removes National Boys and Girls Club From Child Sex Abuse Case
- Boston Scientific Hit by Cyberattack, Global Operations Affected
- King Risk Partners Expands in New York With Norton and Siegel
- 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
Midwest News
- Freestone Acquires Illinois-Based 360 Benefits
- 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
Munich Re has reclaimed its position from Swiss Re as the largest global reinsurer, said AM Best.
Texas / South Central News
- SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
- 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
Southeast News
- Comments Due Soon on What Goes on WV Surplus Lines Export List
- 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
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- California Lawmakers to Oppose Limits on Insurance Fire Claims
- Agents Alliance Opposes California FAIR Plan Commission Reductions
- 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
International & Reinsurance News
- Russia’s Escalating Hybrid Attacks Put Europeans in a Bind
- Legal & General Says Meta Isn’t Doing Enough to Keep AI Clean
- World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’
- Iran, Oman Push Talks for ‘Interim’ Reopening of Hormuz
- 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
Insurance Journal Blogs and Columns
- Restaurant Risk Management: Addressing Emerging Hospitality Exposures and Coverage Challenges
- The Implementation Gap: Why Good Technology Fails Inside Good Brokerages
- 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
Quote of Note
"The legal battle over who will ultimately share in paying for losses associated with the pandemic is far from over."
More Quotes A.M. Best in Commercial Lines Outlook 2021
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Global Indemnity Group, LLC | GBLI | $28.60 | +4.92% |
| Neptune Insurance Holdings Inc. | NP | $34.43 | +3.89% |
| TWFG, Inc. | TWFG | $31.15 | +2.91% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $26.90 | +2.16% |
| Root, Inc. | ROOT | $57.70 | +2.05% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $6.80 | -6.20% |
| Erie Indemnity Company | ERIE | $257.98 | -3.97% |
| RLI Corp. | RLI | $64.90 | -2.58% |
| Slide Insurance Holdings, Inc. | SLDE | $23.06 | -2.45% |
| Kinsale Capital Group, Inc. | KNSL | $387.95 | -1.91% |