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
- As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies
- Glacier Collapse Behind Nepal Flood Shows Region’s Climate Risk
- OpenAI Report Says Its Network Was Hacked by Its Own Rogue AI Agents
- Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit with Mini Mart
- DOJ to Challenge Dismissal of Harvard Civil Rights Suit
- Delaware Helps Firms Pay for Insurance, Trade Shows, Travel to Grow Exports
- NY City Mayor Mamdani Assembles Executive Panel to Smooth Ties With Business
- Owner of Home on Fire Stole First Responder’s Rescue Truck: Police
- Northeast Including New York City Facing Flood Risks From Thunderstorms Today
- Judge Dismisses Musk’s X Suit Against New York Law on Hate-Speech, Disinformation
- LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds
- Western Wildland Firefighters Warned About Supplement for Smoke Exposure
- Mercury Insurance Founder Joseph Dies at Age 104
- Hawaii Insurance Division Issues Memo to Insurers for Lala Claims
- People Moves: Ellis Joins Alliant Denver Employee Benefits Team
- California Lawmakers to Oppose Limits on Insurance Fire Claims
- Florida AG Rejects Meta Settlement but Takes $1.2M From Deloitte Over DEI
- Florida, Hit by Obamacare Drop-Off, Feels the Squeeze of Health Care Costs
- Tropical Storm Dolly Forms in the Atlantic, Not Named After Dolly Parton
- Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit
- The Villages Health Agrees to Pay $542M for Medicare Advantage Overbilling
- Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
- Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
- First US Phosphate Plant in Decades Planned Amid Global Conflict
- Wildfire Burns Structures in North Central Texas
- Permian Basin Set to Become Top US Gas Producer, Citi Says
- Meta to Pay Texas $1 Billon in Child Safety Case
- SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
- New Illinois Law Requires Insurance for High-Speed E-Bikes
- Inszone Acquires Michigan’s Aviza Insurance Agency
- Marketing Firm Sued for Refusing to Hire Pregnant Woman
- Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit with Mini Mart
- Some Gary, Indiana Residents Still Without Power Weeks After Storms
- Freestone Acquires Illinois-Based 360 Benefits
National News
- Analysis: Meta’s Social Media Settlement Leaves Its Money Machine Unscathed
- Court Approves Bank of America’s $72.5 Million Settlement With Epstein Accusers
- Police Reports Undercount Cellphone Use Before Crashes: Study
- Auto and Home Insurance Consumers Getting Used to Using AI: JD Power
- Kalshi Weather Odds Are Coming to a Weather App Near You
- OpenAI, Anthropic Urge Cyber Defense Action as AI Models Improve
- US Widens Lettuce-Related Cyclosporiasis Probe to 20 States
East News
- DOJ to Challenge Dismissal of Harvard Civil Rights Suit
- Delaware Helps Firms Pay for Insurance, Trade Shows, Travel to Grow Exports
- NY City Mayor Mamdani Assembles Executive Panel to Smooth Ties With Business
- Owner of Home on Fire Stole First Responder’s Rescue Truck: Police
- Northeast Including New York City Facing Flood Risks From Thunderstorms Today
- Judge Dismisses Musk’s X Suit Against New York Law on Hate-Speech, Disinformation
Midwest News
- New Illinois Law Requires Insurance for High-Speed E-Bikes
- Inszone Acquires Michigan’s Aviza Insurance Agency
- Marketing Firm Sued for Refusing to Hire Pregnant Woman
- Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit with Mini Mart
- Some Gary, Indiana Residents Still Without Power Weeks After Storms
- Freestone Acquires Illinois-Based 360 Benefits
Munich Re has reclaimed its position from Swiss Re as the largest global reinsurer, said AM Best.
Texas / South Central News
- Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
- First US Phosphate Plant in Decades Planned Amid Global Conflict
- Wildfire Burns Structures in North Central Texas
- Permian Basin Set to Become Top US Gas Producer, Citi Says
- Meta to Pay Texas $1 Billon in Child Safety Case
- SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
Southeast News
- Florida AG Rejects Meta Settlement but Takes $1.2M From Deloitte Over DEI
- Florida, Hit by Obamacare Drop-Off, Feels the Squeeze of Health Care Costs
- Tropical Storm Dolly Forms in the Atlantic, Not Named After Dolly Parton
- Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit
- The Villages Health Agrees to Pay $542M for Medicare Advantage Overbilling
- Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
Swiss Re Institute said there are "severe" consequences to Europe's repeated heat waves.
West News
- LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds
- Western Wildland Firefighters Warned About Supplement for Smoke Exposure
- Mercury Insurance Founder Joseph Dies at Age 104
- Hawaii Insurance Division Issues Memo to Insurers for Lala Claims
- People Moves: Ellis Joins Alliant Denver Employee Benefits Team
- California Lawmakers to Oppose Limits on Insurance Fire Claims
International & Reinsurance News
- Kalshi Weather Odds Are Coming to a Weather App Near You
- Meta Settlement Opens New Front in Global Fight Over Social Media Harm
- Researchers Discover Additional Backdoors in Chinese-Made Zbtlink Routers
- Romania Probes Cause of Black Sea Cargo Ship Sinking
- War in Iran Continues to Drive Interest in Renewables
- China Flexes its Auto-Safety Chops With Huge Recall of Tesla, Other Cars
Insurance Journal Blogs and Columns
- Why Every Commercial-Lines Agency Needs AI Risk Fluency
- How Ben Williams Insurance Group went from paper and pen to instant answers
- 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
Quote of Note
Ransomware has become a scourge on nearly every facet of our lives, and it's a prime example of the vulnerabilities that are emerging as our digital and our physical infrastructure increasingly converge.
More Quotes Jen Easterly, director of the Cybersecurity and Infrastructure Security Agency.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Arthur J. Gallagher & Co. | AJG | $267.56 | +2.85% |
| Brown & Brown, Inc. | BRO | $73.31 | +2.69% |
| TWFG, Inc. | TWFG | $30.01 | +2.56% |
| Root, Inc. | ROOT | $56.43 | +2.52% |
| Kingsway Corporation | KWY | $10.24 | +2.20% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Arthur J. Gallagher & Co. | AJG | $267.56 | +2.85% |
| Brown & Brown, Inc. | BRO | $73.31 | +2.69% |
| TWFG, Inc. | TWFG | $30.01 | +2.56% |
| Root, Inc. | ROOT | $56.43 | +2.52% |
| Kingsway Corporation | KWY | $10.24 | +2.20% |