LA Wildfire Insurance-Loss Estimates Approach $40 Billion
The insured cost of wildfires ravaging swaths of Los Angeles keeps rising.
Texas Lawsuit Alleges Allstate Illegally Collects Driver Data
Texas said the insurer collects data through embedded software in mobile apps.
- Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
- Bayer Faces Billions in Payouts for Decades-Old Toxic Mess
- California Expands Moratorium on Homeowners Insurance Cancellations, Non-Renewals
- School Employee Kicked 25 Times in 11 Days Denied Workers Compensation
- Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors
- Damages Upheld for Man Whose Ex-Girlfriend Shared Nude Photo Without Permission
- Damages Upheld for Man Whose Ex-Girlfriend Shared Nude Photo Without Permission
- Perdue Farms to Pay $4 Million For Letting Children Work Hazardous Jobs
- School Employee Kicked 25 Times in 11 Days Denied Workers Compensation
- Maine Town’s Plan to Remove Two Dams Includes Marina Insurance Measure
- New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed
- OSHA Wants Soap Maker to Clean Up Its Act in Response to Chemical Release
- Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger
- California Workers’ Comp Public Self-Insured Losses Rise Despite Claim Volume Decline
- MGIS Extends Specialized Disability Insurance to Advanced Practice Clinicians
- Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
- A Los Angeles Actuary on Lessons From the Palisades Fire
- Trucordia Acquires Insurance Business of Boulder Insurance in Colorado
- One Call Names Mendez CEO, Alliant Adds VP Cassidy in Florida
- Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors
- King Risk Adds to SW Florida Presence with Bruce Hendry Agency
- Trump’s Miami Resort Wins Approval for $3 Billion Condo Project
- NC Court Says Mother Can Sue Trooper After Student Killed in Ride-Along
- CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones
- Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule
- Texan Insurance Acquires J&M
- CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones
- Insurance Council of Texas Provides Expert Tips for Winter Weather
- Extreme Cold From NY to Texas Threatens to Topple Records
- Texas Drywall Company Owner Faces Workers’ Comp Fraud Charges
- Wisconsin’s Rural Mutual and Badger Mutual Finalize Affiliation Agreement
- Deere & Co. Accused of Forcing Farmers to Use Authorized Dealers for Equipment Repair
- Cleveland City Files Lawsuit to Prevent Browns’ Move to Suburban Dome
- Minnesota Staffing Firm to Pay $300K for Discriminatory Hiring Practices
- Michigan Little Caesars Franchisee to Pay $26K in Child Labor Violations
- Holmes Murphy Expands In Des Moines With Second Location
National News
- Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured
- Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action
- FBI Warned Agents It Believes Phone Logs Hacked Last Year
- P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman
- Cyber Insurance Market to Expand as Risks Evolve: Gallagher
- General Motors Settles With FTC Over Sharing Driver Data
- Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
East News
- Damages Upheld for Man Whose Ex-Girlfriend Shared Nude Photo Without Permission
- Perdue Farms to Pay $4 Million For Letting Children Work Hazardous Jobs
- School Employee Kicked 25 Times in 11 Days Denied Workers Compensation
- Maine Town’s Plan to Remove Two Dams Includes Marina Insurance Measure
- New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed
- OSHA Wants Soap Maker to Clean Up Its Act in Response to Chemical Release
Midwest News
- Wisconsin’s Rural Mutual and Badger Mutual Finalize Affiliation Agreement
- Deere & Co. Accused of Forcing Farmers to Use Authorized Dealers for Equipment Repair
- Cleveland City Files Lawsuit to Prevent Browns’ Move to Suburban Dome
- Minnesota Staffing Firm to Pay $300K for Discriminatory Hiring Practices
- Michigan Little Caesars Franchisee to Pay $26K in Child Labor Violations
- Holmes Murphy Expands In Des Moines With Second Location
He Saved the Chocolates But Lost His Workers' Comp
An employee injured his knee while saving chocolate due for delivery from heat.
Texas / South Central News
- Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule
- Texan Insurance Acquires J&M
- CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones
- Insurance Council of Texas Provides Expert Tips for Winter Weather
- Extreme Cold From NY to Texas Threatens to Topple Records
- Texas Drywall Company Owner Faces Workers’ Comp Fraud Charges
Southeast News
- One Call Names Mendez CEO, Alliant Adds VP Cassidy in Florida
- Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors
- King Risk Adds to SW Florida Presence with Bruce Hendry Agency
- Trump’s Miami Resort Wins Approval for $3 Billion Condo Project
- NC Court Says Mother Can Sue Trooper After Student Killed in Ride-Along
- CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones
LA Wildfire Re/Insurance Losses to Be Significant, Manageable
S&P said losses to rated global reinsurers will have no great impact on earnings.
West News
- Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger
- California Workers’ Comp Public Self-Insured Losses Rise Despite Claim Volume Decline
- MGIS Extends Specialized Disability Insurance to Advanced Practice Clinicians
- Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
- A Los Angeles Actuary on Lessons From the Palisades Fire
- Trucordia Acquires Insurance Business of Boulder Insurance in Colorado
International & Reinsurance News
- Damaging Megadroughts Are Spreading Around the World
- Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal
- South Korea’s Crashed Jet Reveals Bird Feathers in Both Engines
- Tanker Under US Sanctions Discharges Oil at Chinese Port: LSEG Data
- Broker Juniper Re Enters London With Industry Veteran Hawke at Helm
- France Steps Up Checks After Foot-and-Mouth Outbreak in Germany
- People Moves: Arch Insurance Int’l Promotes Senior Leaders in Casualty Team; Markel Taps Chubb’s Jordan as Casualty Claims Manager in Australia
Insurance Journal Blogs and Columns
- 15 Tips on Naming an Insurance Agency
- Regulatory Roundup: Operation Bear Claw, Rampant Deer, and Key Holiday Coverage
- New Law in New Hampshire Creates Private Right of Action For Victims of Deepfakes
- Boosting Insurance Sales Motivation: Tips to Stay Inspired as an Insurance Agent
- 10 Must-Ask Questions Before You Choose an Agency Management System
- How Will Your Insurance Organization Handle These 2025 Predictions?
Quote of Note
If you've reached an exponential part of the curve where suddenly, something's accelerating, it's almost certain that we are underpricing the risk that we're taking.
More QuotesBruce Carnegie-Brown, chairman of insurance market Lloyd’s of London.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Global Indemnity Group, LLC | GBLI | $35.20 | +4.82% |
| Lemonade, Inc. | LMND | $33.00 | +3.68% |
| Hippo Holdings Inc. | HIPO | $27.77 | +3.62% |
| Goosehead Insurance, Inc | GSHD | $114.59 | +3.39% |
| Root, Inc. | ROOT | $88.33 | +2.97% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American Coastal Insurance Corporation | ACIC | $12.09 | -2.42% |
| Mercury General Corporation | MCY | $52.07 | -1.57% |
| NI Holdings, Inc. | NODK | $14.79 | -1.47% |
| Kingsway Financial Services Inc. | KFS | $8.21 | -1.20% |
| AMERISAFE, Inc. | AMSF | $51.49 | -0.54% |
