The Category 2 hurricane will likely be an earnings event for insurers, added AM Best.
The average premium now exceeds the average tax bill in two-thirds of US counties.
- World’s Largest Retirement Community Set to Borrow $180 Million for More Homes
- EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix
- Chubb Q3 Net Income Down Slightly on More Catastrophe Losses
- Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
- WR Berkley CEO Shares Insights on AI Adoption During Q3 Call
- Home Insurance Tops Property Taxes in Squeeze for US Households
- New York Arrests 16 in Crackdown on Staged Insurance Crashes
- New Jersey Food Importer Sues to block Trump’s Canada Tariffs
- Sally Yates Vows Independent Review of Cornell Sex Assault Case
- NJM Insurance Inks Brand Partnership with UConn Huskies
- California Group Off the Hook for Defamation Suit Brought by Maine Lobster Industry
- Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
- 23andMe Settles for $6 Million Over California Data Breach
- Report: Arizona Vehicle Thefts Fall 21%, But Fraud Schemes May Mask Losses
- California Mailing Company Owner Pays Nearly $2 Million Over Unpaid Wages, Closure
- Washington Commissioner Fines Insurers, Producers $495,200
- ‘Weather Whiplash’ Bringing Back Rain and Snow to California
- California Adds Voluntary Review Before Insurers File Rate Applications
- Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment
- Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
- Florida OIR Marks End to American Mobile, Which Briefly Served Stressed MH Market
- Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks
- Roofer, Insurance Producer Charged in Separate Fraud Cases in the Carolinas
- Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
- TDI Launches Fraud Task Force
- Investigation Underway Into Airman’s Fatal Fall at College Football Game
- Home Insurance Tops Property Taxes in Squeeze for US Households
- Texas Data Center Boom Threatens Progress on Air Quality
- A Repair Estimate Is Not Necessarily a Notice of Bad Faith in Louisiana
- Service Member Dies After Rappelling Fall at College Football Game
- Truck Overturns in Kansas City, Spilling Cattle Onto Streets
- Iowa Man Indicted in Ponzi Scheme
- Home Insurance Tops Property Taxes in Squeeze for US Households
- People Moves: Ohio Mutual Names Kratzer as AVP, Internal Audit
- BNSF Railway Sued for Firing Employee Because of Their Disability
- Amazon and AEP Explore 960-Megawatt Nuclear Project in Indiana
National News
- Chubb Q3 Net Income Down Slightly on More Catastrophe Losses
- WR Berkley CEO Shares Insights on AI Adoption During Q3 Call
- Global Commercial Insurance Rates Drop 5% in Q3; Signs of Stabilization
- Viewpoint: AI in Insurance Agencies – What Actually Makes the Business Better?
- EC-Council Acquires Cyber Insurance Academy, Expands AI Risk Education
- Insurtech SecondSight Puts Together Exec Leadership With 6 Hires
- AI Accelerates Cyber Threat Landscape, Poses New Risks for Insurers and Businesses
- Home Insurance Tops Property Taxes in Squeeze for US Households
East News
- New York Arrests 16 in Crackdown on Staged Insurance Crashes
- New Jersey Food Importer Sues to block Trump’s Canada Tariffs
- Sally Yates Vows Independent Review of Cornell Sex Assault Case
- NJM Insurance Inks Brand Partnership with UConn Huskies
- California Group Off the Hook for Defamation Suit Brought by Maine Lobster Industry
- Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
Midwest News
- Truck Overturns in Kansas City, Spilling Cattle Onto Streets
- Iowa Man Indicted in Ponzi Scheme
- Home Insurance Tops Property Taxes in Squeeze for US Households
- People Moves: Ohio Mutual Names Kratzer as AVP, Internal Audit
- BNSF Railway Sued for Firing Employee Because of Their Disability
- Amazon and AEP Explore 960-Megawatt Nuclear Project in Indiana
Because smoke claims are typically high after wildfires, the new law will add to the already considerable workload.
Texas / South Central News
- TDI Launches Fraud Task Force
- Investigation Underway Into Airman’s Fatal Fall at College Football Game
- Home Insurance Tops Property Taxes in Squeeze for US Households
- Texas Data Center Boom Threatens Progress on Air Quality
- A Repair Estimate Is Not Necessarily a Notice of Bad Faith in Louisiana
- Service Member Dies After Rappelling Fall at College Football Game
Southeast News
- Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment
- Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
- Florida OIR Marks End to American Mobile, Which Briefly Served Stressed MH Market
- Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks
- Roofer, Insurance Producer Charged in Separate Fraud Cases in the Carolinas
- Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
Damage in France from recent street riots will reveal the extent of insurance coverage.
West News
- 23andMe Settles for $6 Million Over California Data Breach
- Report: Arizona Vehicle Thefts Fall 21%, But Fraud Schemes May Mask Losses
- California Mailing Company Owner Pays Nearly $2 Million Over Unpaid Wages, Closure
- Washington Commissioner Fines Insurers, Producers $495,200
- ‘Weather Whiplash’ Bringing Back Rain and Snow to California
- California Adds Voluntary Review Before Insurers File Rate Applications
International & Reinsurance News
- EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix
- Global Insured Catastrophe Losses Fall to Lowest 9-Month Level Since 2019: Report
- French Supermarket Hack Exposes Cyber Vulnerabilities in Retail
- EU Officials Propose Guardrails for Insurers Participating in Unfunded SRTs
- Cyberattack Hits India’s Largest Bank, Exposes Customer Data
- Storm Austen Will Be Stronger Than Forecast Along UK Coasts
Insurance Journal Blogs and Columns
- Evaluating Commercial Replacement Cost Estimates: Beyond the Numbers Part 2
- The Last Manual Frontier: Why Claims Automation Stalls at the Supplement
- How AI is Changing Insurance Document Research
- Evaluating Commercial Replacement Cost Estimates: Beyond the Numbers Part 1
- The Part of the Underwriting Workflow Where a $300,000 Mistake Hides
- What Operationally Consistent Client Service Actually Looks Like
Sponsored Newswire
More Sponsored NewswiresQuote of Note
"The widening global protection gap is a huge opportunity for insurers to fulfill their mandate as risk absorbers and improve societal resilience. In times of crisis, households need risk protection. Insurance is a key tool to help households reduce their financial vulnerability in disruptive environments."
More Quotes Jerome Jean Haegeli, group chief economist, Swiss Re
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $45.40 | +5.21% |
| Ryan Specialty Holdings, Inc. | RYAN | $42.89 | +5.20% |
| Hippo Holdings Inc. | HIPO | $37.33 | +5.15% |
| Trupanion, Inc. | TRUP | $28.76 | +4.58% |
| American Integrity Insurance Group, Inc. | AII | $28.95 | +3.47% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $6.94 | -8.32% |
| Orion180 Insurance Group Inc. | OIG | $9.45 | -3.96% |
| W. R. Berkley Corporation | WRB | $73.15 | -1.26% |
| Hagerty, Inc. | HGTY | $15.46 | -0.64% |
| Kingstone Companies, Inc. | KINS | $19.31 | -0.52% |