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
- Large SC Restaurant Chain Pays $700,000 in Back Wages, Fines from DOL
- Meta Agrees to Pay Up to $18 Billion Over Social Media Claims
- Ex-Meta Staffer Says 99% of Teens Shunned Early Safety Tool
- How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700
- 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
- Yale Police Officer Charged With Workers’ Compensation Fraud
- Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
- Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
- California Lawmakers to Oppose Limits on Insurance Fire Claims
- Agents Alliance Opposes California FAIR Plan Commission Reductions
- Plane Crashed on Second Attempt to Land in Heavy Fog in Alaska, Killing 8, Officials Say
- 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
- Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
- Large SC Restaurant Chain Pays $700,000 in Back Wages, Fines from DOL
- 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
- Meta to Pay Texas $1 Billon in Child Safety Case
- 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
- Some Gary, Indiana Residents Still Without Power Weeks After Storms
- 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
National News
- Meta Agrees to Pay Up to $18 Billion Over Social Media Claims
- 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
- Meta, States Have Discussed Settling Teen Social Media Case
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
- Yale Police Officer Charged With Workers’ Compensation Fraud
- Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
- Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
Midwest News
- Some Gary, Indiana Residents Still Without Power Weeks After Storms
- 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
Munich Re has reclaimed its position from Swiss Re as the largest global reinsurer, said AM Best.
Texas / South Central News
- Meta to Pay Texas $1 Billon in Child Safety Case
- 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
Southeast News
- Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
- Large SC Restaurant Chain Pays $700,000 in Back Wages, Fines from DOL
- 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
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
- Plane Crashed on Second Attempt to Land in Heavy Fog in Alaska, Killing 8, Officials Say
- 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
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
- Iran, Oman Agree to Share Strait of Hormuz Revenue
- Iran, Oman Push Talks for ‘Interim’ Reopening of Hormuz
- World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’
- Top Container Line Halts Russian Black Sea Service Due to Drones
- PwC International Can’t Exit Evergrande Case, HK Court Rules
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
"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 |
|---|---|---|---|
| The Allstate Corporation | ALL | $261.81 | +1.63% |
| Global Indemnity Group, LLC | GBLI | $29.00 | +1.40% |
| Slide Insurance Holdings, Inc. | SLDE | $23.35 | +1.26% |
| Kingstone Companies, Inc. | KINS | $20.16 | +1.26% |
| The Hartford Insurance Group, Inc. | HIG | $139.86 | +1.19% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $6.33 | -6.92% |
| Trupanion, Inc. | TRUP | $30.19 | -5.18% |
| Kingsway Corporation | KWY | $10.16 | -3.42% |
| Hippo Holdings Inc. | HIPO | $32.96 | -1.90% |
| Ryan Specialty Holdings, Inc. | RYAN | $43.26 | -1.53% |