The recent outage at Amazon Web Services again raised questions about systemic loss.
Robbers with disc grinders took necklaces, tiaras and earrings from the Louvre.
- AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
- Tropical Storm Melissa Brings Heavy Rain to Haiti, Dominican Republic and Jamaica
- New Zealand Issues Rare Red Warnings Amid Destructive Spring Storm
- Viewpoint: Insurance and AI – A Double-Edged Sword
- Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot
- Rotting Apple: Berkley Explains Property Market, Company Appetite
- New Jersey Claims Amazon Discriminated Against Pregnant, Disabled Workers
- NY Insurance Regulator Warns of Cyber Threats From Third-Party Service Providers
- Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual
- People Moves: Acrisure Re Appoints Morrison
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Supreme Court Declines to Revive Mumps Vaccine Antitrust Case Against Merck
- Airline Emergency Landing in Utah Likely Caused by Weather Balloon Collision
- What to Know About Recovery Efforts in Alaska Following Storm
- Authorities Investigating Death of Rail Conductor Struck by Train in Montana
- 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
- Lyft Protected by Florida’s 2017 Law in Driver’s Miami Crash, Appeals Court Says
- 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
- 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
- Google Backs Gas Power Plant With Carbon Capture for Midwest Data Centers
- China Trade Spat Threatens Wisconsin’s ‘Napa Valley’ of Ginseng
- Iowa Man Charged With Public Adjusting Without a License
- Kansas Man Sentenced for Insurance Fraud
- Plane Returns to Nebraska Airport After Cockpit Misinterpretation
- Rockford Mutual Launches Commercial Auto in Michigan
National News
- Rotting Apple: Berkley Explains Property Market, Company Appetite
- Reddit Sues Perplexity, Others Over Alleged Data Scraping
- Disaster Relief Fund Hits Critical Low as Shutdown Endures
- Viewpoint: Insurance and AI – A Double-Edged Sword
- Industry Groups Applaud Bill to Treat Forests, Mitigate Wildfire Risk
- Markets/Coverages: Verisk Offers Insurers a Standardized Pet Insurance Program
- US Saw Record $101 Billion in Weather Losses Through June
- Grounded Paychecks: 60,000 Air Safety Workers Tighten Belts as US Shutdown Drags
- AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
East News
- New Jersey Claims Amazon Discriminated Against Pregnant, Disabled Workers
- NY Insurance Regulator Warns of Cyber Threats From Third-Party Service Providers
- Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual
- People Moves: Acrisure Re Appoints Morrison
- State Farm and Mahomes Looking to Play on Tom Brady’s Home Turf
- Supreme Court Declines to Revive Mumps Vaccine Antitrust Case Against Merck
Midwest News
- Google Backs Gas Power Plant With Carbon Capture for Midwest Data Centers
- China Trade Spat Threatens Wisconsin’s ‘Napa Valley’ of Ginseng
- Iowa Man Charged With Public Adjusting Without a License
- Kansas Man Sentenced for Insurance Fraud
- Plane Returns to Nebraska Airport After Cockpit Misinterpretation
- Rockford Mutual Launches Commercial Auto in Michigan
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
- Lyft Protected by Florida’s 2017 Law in Driver’s Miami Crash, Appeals Court Says
- 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
The rise of catastrophe bonds may now be eroding the market share of reinsurers.
West News
- Airline Emergency Landing in Utah Likely Caused by Weather Balloon Collision
- What to Know About Recovery Efforts in Alaska Following Storm
- Authorities Investigating Death of Rail Conductor Struck by Train in Montana
- 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
International & Reinsurance News
- Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh
- Japanese Companies Brace for More Attacks as Cybercrimes Climb
- Thames Among UK’s Worst-Polluting Water Firms as Incidents Rise
- This Pollution Lawsuit Could Reach Far Beyond Banks of River Wye in UK
- New Zealand Issues Rare Red Warnings Amid Destructive Spring Storm
- Tropical Storm Melissa Brings Heavy Rain to Haiti, Dominican Republic and Jamaica
- Apple Attacks EU Crackdown in Digital Law’s Biggest Court Test
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
"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 |
|---|---|---|---|
| American Integrity Insurance Group, Inc. | AII | $22.94 | +2.46% |
| Heritage Insurance Holdings, Inc. | HRTG | $23.38 | +2.23% |
| HCI Group, Inc. | HCI | $200.98 | +2.06% |
| Arthur J. Gallagher & Co. | AJG | $283.04 | +1.44% |
| Hippo Holdings Inc. | HIPO | $35.37 | +1.32% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| TWFG, Inc. | TWFG | $25.48 | -4.21% |
| Selective Insurance Group, Inc. | SIGI | $81.18 | -3.33% |
| Palomar Holdings, Inc. | PLMR | $113.08 | -1.96% |
| Global Indemnity Group, LLC | GBLI | $28.57 | -1.67% |
| Root, Inc. | ROOT | $78.05 | -1.66% |