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5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B
Oct 6 2025 // “Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the...
Insurers Fighting $345 Million Georgia School Abuse Award, With Policy Wording Again at Issue
Oct 6 2025 // In one of the longest-running and most-litigated episodes of alleged child sexual abuse at a private school, the key question in a case now before the Georgia Court of Appeals is whether insurers’ recent policies...
Texas Insurer New Century Placed in Receivership and Liquidation
Oct 6 2025 // New Century Insurance Company, a property and casualty insurer licensed only in Texas, was placed in receivership receivership and ordered into liquidation by the Travis County District Court in Austin on Sept. 3,...
Flood Insurer Neptune Shares Climb 24% After $368 Million US IPO
Oct 2 2025 // Neptune Insurance Holdings Inc. shares jumped 24% after the flood insurance company’s shareholders raised $368.4 million in a US initial public offering. Shares of the St. Petersburg, Florida-based firm closed at...
Lengthy Government Shutdown to Impact Insurers, Says AM Best
Sep 30 2025 // Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM...
Landslide Protection? Pennsylvania to Step In Where Insurance Companies Step Out
Sep 30 2025 // (The Center Square) – Neither naturally occurring landslides nor sinkholes are new phenomena in Pennsylvania. Receiving help when they destroy homes and businesses, however, would be a welcome development for those...
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