CEO Peter Zaffino said the company's intent is to “create a digital twin of our business.”
The question is whether recent changes in the industry represents a lasting shift.
- 20 Years After Katrina, Hurricane Risks to Gulf Coast Rising, Scientist Warns
- Arthur J. Gallagher Completes $13.5 Billion Acquisition of AssuredPartners
- Insurance Agent Earned Town’s Trust. But Officials Say He Ran a $95M Ponzi Scheme.
- Litigation Funder’s Plan to Invest in Law Firms Called ‘Bad Policy,’ With Big Impacts
- States Rethink Practice of Setting Speed Limits Based on How Fast Drivers Travel
- Owner of Water Machine Manufacturer Charged in $275 Million Fraud Scheme
- Tour Bus Rollover Kills 5 on Highway in Western New York
- 21 Hospitalized After Bus Carrying Junior High Football Team Crashes Near Pittsburgh
- Waymo Gets Green Light to Test Robotaxis in Manhattan and Brooklyn
- NFL Boosts Security at Offices Following Shooting That Killed 4 Last Month
- Baltimore Channel Reopened After Ship Explosion Near 2024 Bridge Collapse
- New Jersey Compensation Bureau Back Online After Cyber Incident
- Owner of Water Machine Manufacturer Charged in $275 Million Fraud Scheme
- Heat Draws Visitors to Death Valley, Where It’s Tough to Communicate Risk
- California Bill Would Require Restaurants to Disclose Food Allergens on Menus
- Rural California Wine Country Fire Burning Out of Control
- Oregon Division of Financial Regulation Earns NAIC Accreditation
- Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins
- North Carolina Supreme Court Says Bars’ COVID Lawsuits Against State Can Continue
- Alabama Court Cuts Tax Bill for Remote-Working Adjuster, But Questions Remain
- Florida Payroll Ops Head Pleads Guilty in Scheme to Avoid Taxes, Workers’ Comp
- Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say
- Two More Beach Homes Near Collapse as Erin’s Waves Pound NC Outer Banks
- US Halts Visas for Truck Drivers After Fatal Florida Crash
- AM Best Upgrades Stonetrust Workers’ Compensation to “A” Rating
- Emergency Recordings Show Chaos of Deadly Texas Floods
- AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group
- Texas Lawmakers Advance Flood Bills With Grieving Parents in Attendance
- Texas Is Warning Health Providers to Stop Mailing Abortion Pills to State
- Entergy to Build Three Gas Plants for Meta’s Biggest Data Center
- Northwestern Settles Hazing Scandal Lawsuit with Former Football Coach
- Freight Railroads Fail to Join Federal Safety Program After Ohio Derailment
- Missouri’s Mutual Insurance Companies Report Stronger Results in 2024
- Gymnastics Coach at Renowned Iowa Gym Accused of Sexual Abuse
- Honeycomb Launches in Minnesota
- Minnesota Sues TikTok Over Addictive Algorithms
National News
- 20 Years After Katrina, Hurricane Risks to Gulf Coast Rising, Scientist Warns
- FTC Chair Warns Tech Firms Not to Weaken Data Privacy to Comply With EU, UK Laws
- TransUnion: Aggressive Shopping Continues for Home, Auto Coverage
- Aging US Railroad Bridges Are Self-Inspected and Findings Are Kept Secret
- Musk, X Corp to Settle $500M Lawsuit Over Twitter Firings
- NHTSA Probes More Than 1.4 Million Honda Vehicles Over Engine Failure
- People Moves: AIG Appoints HP’s Hallworth Chief Digital Officer; FM Names Long CIO
East News
- Tour Bus Rollover Kills 5 on Highway in Western New York
- 21 Hospitalized After Bus Carrying Junior High Football Team Crashes Near Pittsburgh
- Waymo Gets Green Light to Test Robotaxis in Manhattan and Brooklyn
- NFL Boosts Security at Offices Following Shooting That Killed 4 Last Month
- Baltimore Channel Reopened After Ship Explosion Near 2024 Bridge Collapse
- New Jersey Compensation Bureau Back Online After Cyber Incident
Midwest News
- Northwestern Settles Hazing Scandal Lawsuit with Former Football Coach
- Freight Railroads Fail to Join Federal Safety Program After Ohio Derailment
- Missouri’s Mutual Insurance Companies Report Stronger Results in 2024
- Gymnastics Coach at Renowned Iowa Gym Accused of Sexual Abuse
- Honeycomb Launches in Minnesota
- Minnesota Sues TikTok Over Addictive Algorithms
Moving the onus to carmakers and software engineers would be financially beneficial to auto insurers.
Texas / South Central News
- AM Best Upgrades Stonetrust Workers’ Compensation to “A” Rating
- Emergency Recordings Show Chaos of Deadly Texas Floods
- AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group
- Texas Lawmakers Advance Flood Bills With Grieving Parents in Attendance
- Texas Is Warning Health Providers to Stop Mailing Abortion Pills to State
- Entergy to Build Three Gas Plants for Meta’s Biggest Data Center
Southeast News
- North Carolina Supreme Court Says Bars’ COVID Lawsuits Against State Can Continue
- Alabama Court Cuts Tax Bill for Remote-Working Adjuster, But Questions Remain
- Florida Payroll Ops Head Pleads Guilty in Scheme to Avoid Taxes, Workers’ Comp
- Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say
- Two More Beach Homes Near Collapse as Erin’s Waves Pound NC Outer Banks
- US Halts Visas for Truck Drivers After Fatal Florida Crash
Viceroy Preferred Insurance Co. is the newest insurer to enter the Florida residential market since state lawmakers enacted major reforms.
West News
- Owner of Water Machine Manufacturer Charged in $275 Million Fraud Scheme
- Heat Draws Visitors to Death Valley, Where It’s Tough to Communicate Risk
- California Bill Would Require Restaurants to Disclose Food Allergens on Menus
- Rural California Wine Country Fire Burning Out of Control
- Oregon Division of Financial Regulation Earns NAIC Accreditation
- Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins
International & Reinsurance News
- Ransomware Hack Hits Orange Telecom, Data Published on Dark Web
- Kazakhstan Presses on With $4 Billion Sulfur Fine on Oil Majors
- Australia Has Banned 3 ‘Forever Chemicals’ – but Europe Wants to Ban all 14,000
- Stricter Return-to-Office Policies Are Boosting Growth for Catering Providers
- Typhoon Kajiki Nears Vietnam, Bringing Strong Winds and Rain
- Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
Insurance Journal Blogs and Columns
- California’s new take on wildfire loss models, and what this means for property insurers
- 3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
- 3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required
- A Major Infrastructure Upgrade for Antarctica — Backed by Surety
- How SIU Is Saving Over 1,000 Hours a Year by Automating Their Inbox
- Why Submission Triage Is the Hidden Bottleneck in Your Underwriting Workflow
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 |
|---|---|---|---|
| TWFG, Inc. | TWFG | $29.41 | +4.11% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $22.66 | +3.56% |
| Goosehead Insurance, Inc | GSHD | $89.49 | +3.36% |
| Root, Inc. | ROOT | $91.01 | +3.31% |
| NI Holdings, Inc. | NODK | $12.83 | +3.22% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Slide Insurance Holdings, Inc. | SLDE | $14.17 | -2.95% |
| Trupanion, Inc. | TRUP | $46.63 | -2.30% |
| Heritage Insurance Holdings, Inc. | HRTG | $22.65 | -1.82% |
| Palomar Holdings, Inc. | PLMR | $125.05 | -1.43% |
| Ryan Specialty Holdings, Inc. | RYAN | $59.04 | -1.32% |