Class-actions filed by a customer and an employee each seek $5 million in damages.
Changes submitted would close a tax “loophole” for third-party litigation funders.
- ‘Abolishing FEMA’ Memo Outlines Ways for Trump to Scrap Agency
- Erie Insurance Facing 2 Class Actions Claiming Data Breach
- Erie Insurance: ‘No Evidence’ of Ransomware in Network Outage
- Insurance Industry Rejects Proposed Moratorium on State AI Regulation
- Iran-Israel Conflict Spreads to Hacks on Banks, Crypto
- Erie and Philadelphia Insurance Still Working on Restoring Their Networks
- New Jersey High Court Allows Clergy Sex Abuse Grand Jury Opposed by Diocese
- Alex Jones Accused of Hiding Assets as Sandy Hook Families Seek Payment
- $20 Million Travelers Golf Championship Tees Off Today in Connecticut
- Erie Insurance: ‘No Evidence’ of Ransomware in Network Outage
- Philadelphia Insurance Restores Limited Access But Major Outage Continues
- Religious Organizations Get New Chance for Exemption From New York Abortion Rule
- Waymo Expands Robotaxi Services Into More Parts of San Francisco Bay Area
- Inszone Insurance Services Acquires Evers Insurance LLC
- AM Best Downgrades Credit Ratings of Oregon Mutual Group Members
- LA Mayor Lifts Downtown Curfew She Imposed During Protests
- Idaho Grocer to Pay $250K for Child Labor and Wage Violations
- People Moves: California Commissioner Names Insurance Diversity Task Force Leaders
- Carnival Cruise Lines Not Liable for Teen’s Sexual Assault on Ship, Appeals Court Finds
- Groups Notify Musk’s AI Company of Intent to Sue Over Facility Pollution in Memphis
- King Risk Acquires Nobles Agency in North Carolina
- Alabama-Based CRC Group Rebrands BenefitMall as CRC Benefits
- Florida Property Insurance Premiums Surge 34% Since Late 2022
- Supreme Court Revives Lawsuit From Atlanta Family Whose Home Was Raided by FBI
- Oklahoma Expands Second Pilot Launch of Fortified Grants Program
- South Padre, Texas Officials Worried About Potential FEMA Cuts
- US Plans Texas Facility to Stop Flesh-Eating Cattle Pest
- Justices Back Temporary Texas Nuclear Waste Storage Site
- Oklahoma Man Arrested for Illegal Marijuana Grow Operations
- How Big Batteries Could Prevent Summer Power Blackouts
- Illinois Manufacturer to Pay $520K Settlement Over Clean Air Act Violations
- Former Ohio Doctor Loses Defamation Lawsuit Against Ex-Employers
- Storm System Brings Severe Weather and Tornadoes to Central Plains and Midwest
- Eighth Circuit: Travelers Doesn’t Owe in Missouri Apartment Construction Delay Case
- APCIA Warns Michigan Auto Insurance Bill Could Destabilize Market, Increase Costs
- St. Louis Waives 25% Holdback Rule for Property Claims From May 16 Tornado
National News
- Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses
- US Supreme Court Sets Test for Which Courts Can Hear EPA Cases
- People Moves: Aon Promotes Rieth to Global Cyber Leader
- Six Things to Know About Umbrella Insurance
- Viasat Identified as Victim in Sweeping Phone Hack Tied to China
- Insurance Industry Rejects Proposed Moratorium on State AI Regulation
- Viewpoint: Navigating Strategic Capital Options for Insurance Brokerages
- People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO of North America P/C; Willis Appoints Fisher to Lead Law Firms
East News
- New Jersey High Court Allows Clergy Sex Abuse Grand Jury Opposed by Diocese
- Alex Jones Accused of Hiding Assets as Sandy Hook Families Seek Payment
- $20 Million Travelers Golf Championship Tees Off Today in Connecticut
- Erie Insurance: ‘No Evidence’ of Ransomware in Network Outage
- Philadelphia Insurance Restores Limited Access But Major Outage Continues
- Religious Organizations Get New Chance for Exemption From New York Abortion Rule
Midwest News
- Illinois Manufacturer to Pay $520K Settlement Over Clean Air Act Violations
- Former Ohio Doctor Loses Defamation Lawsuit Against Ex-Employers
- Storm System Brings Severe Weather and Tornadoes to Central Plains and Midwest
- Eighth Circuit: Travelers Doesn’t Owe in Missouri Apartment Construction Delay Case
- APCIA Warns Michigan Auto Insurance Bill Could Destabilize Market, Increase Costs
- St. Louis Waives 25% Holdback Rule for Property Claims From May 16 Tornado
A Wisconsin dairy farmer's lawsuit says the USDA is illegally denying financial assistance to white farmers.
Texas / South Central News
- Oklahoma Expands Second Pilot Launch of Fortified Grants Program
- South Padre, Texas Officials Worried About Potential FEMA Cuts
- US Plans Texas Facility to Stop Flesh-Eating Cattle Pest
- Justices Back Temporary Texas Nuclear Waste Storage Site
- Oklahoma Man Arrested for Illegal Marijuana Grow Operations
- How Big Batteries Could Prevent Summer Power Blackouts
Southeast News
- Carnival Cruise Lines Not Liable for Teen’s Sexual Assault on Ship, Appeals Court Finds
- Groups Notify Musk’s AI Company of Intent to Sue Over Facility Pollution in Memphis
- King Risk Acquires Nobles Agency in North Carolina
- Alabama-Based CRC Group Rebrands BenefitMall as CRC Benefits
- Florida Property Insurance Premiums Surge 34% Since Late 2022
- Supreme Court Revives Lawsuit From Atlanta Family Whose Home Was Raided by FBI
The deadly plane crash will shock waves through the aviation insurance industry.
West News
- Waymo Expands Robotaxi Services Into More Parts of San Francisco Bay Area
- Inszone Insurance Services Acquires Evers Insurance LLC
- AM Best Downgrades Credit Ratings of Oregon Mutual Group Members
- LA Mayor Lifts Downtown Curfew She Imposed During Protests
- Idaho Grocer to Pay $250K for Child Labor and Wage Violations
- People Moves: California Commissioner Names Insurance Diversity Task Force Leaders
International & Reinsurance News
- Mideast Ship Insurance Costs Jump Following Iran-Israel Attacks
- Iran-Israel Conflict Spreads to Hacks on Banks, Crypto
- UBS Confirms Data Stolen After Hack at External Supplier
- Planetary Waves Linked to Wild Summer Weather Have Tripled Since 1950: Study
- Spain Reveals Details of Chain Reaction That Caused Outage
- Brookfield’s Insurer Trims Private Credit, Citing Crowded Trade
- Clear Group Acquires UK Commercial Broker, C.R. Toogood & Co.
- Parametric Insurer Descartes Receives Investment From Battery Ventures
Insurance Journal Blogs and Columns
- Translating the real meaning of risk in Cotality’s 2025 Hurricane Risk Report
- Tariffs and P&C Insurance: Potential Impacts and Innovative Solutions for Continued Profitability
- Speed Is King: Using Hierarchies to Accelerate Onboarding and Scale Efficiently
- Hurricane Season Considerations: Generator Edition
- Inside the $455M Cargo Theft Surge – 4 Ways to Protect Your Fleet
- Turn Your EZLynx Investment into Impact with EVA Product Assistance
Sponsored Newswire
More Sponsored NewswiresQuote 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 |
|---|---|---|---|
| Slide Insurance Holdings, Inc. | SLDE | $20.25 | +19.12% |
| Lemonade, Inc. | LMND | $40.50 | +6.94% |
| Trupanion, Inc. | TRUP | $54.71 | +3.15% |
| Enact Holdings, Inc. | ACT | $35.87 | +2.37% |
| Hippo Holdings Inc. | HIPO | $29.06 | +2.22% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American Coastal Insurance Corporation | ACIC | $10.11 | -3.44% |
| HCI Group, Inc. | HCI | $148.81 | -3.36% |
| Palomar Holdings, Inc. | PLMR | $155.16 | -2.66% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $57.18 | -2.37% |
| Mercury General Corporation | MCY | $62.81 | -2.32% |