US Commercial Rates Up 3% on Hikes in Casualty
Marsh’s Global Insurance Market Index said composite casualty rates increased 10%.
Allstate Sues Hyundai, Kia Over Claims From Defective Cars
The subrogation suit aims to get back costs paid for damages from car fires.
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- New York Insurance Broker Caught in $38 Million Nursing Home Tax Fraud Scheme
- Famous Gulf Coast Restaurant and Owner Fined $1.5M for Mislabeling Seafood
- T-Mobile’s Network Breached as Part of Chinese Hacking Operation
- Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law
- US Faces Growing Crisis Over High Traffic Deaths, NTSB Chair Says
- Judge Weighs ‘Real Housewives of New York’ Cast Member’s Abuse Allegations
- New York Insurance Broker Caught in $38 Million Nursing Home Tax Fraud Scheme
- Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery
- Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund
- Philadelphia Eagles Seek to Extend Covid-19 Business Insurance Bid Into Overtime
- Massachusetts Police Charge Man With Intentionally Setting Brush Fires
- New York City Issues First Drought Warning in 22 Years
- More Logging Proposed to Help Curb Wildfires in Pacific Northwest
- $1M Settlement for Woman After Police Dog in California Bit into Her Scalp
- California Labor Commissioner Fines Hotel $10M for Worker Recall Law Violations
- California Department of Insurance Moves Modeling Regulation Proposal Forward
- Atmospheric River to Slam the Pacific Northwest and California
- California Wildfire Destroys 243 Structures, Cancellation Moratorium Issued
- Hurricane Helene Isn’t the Only Big Storm North Carolina Is Recovering From
- New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans
- Famous Gulf Coast Restaurant and Owner Fined $1.5M for Mislabeling Seafood
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease
- Biden Requests $98.6 Billion in Emergency Disaster Aid Funds
- AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game
- Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement
- TWIA Board Reviews 2025 Budget After $455 Million Loss from Hurricane Beryl
- Texas Medical Center Settles Racial Hiring Discrimination Case
- Inszone Acquires LIA of Texas
- Bullet Strikes Body of Southwest Plane Without Injuries at Dallas Airport
- A-G Specialty Acquires Michigan’s First Agency TPA
- People Moves: Columbia Insurance Group Names Rieth VP of E&S
- Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich
- Missouri Officers Arrested for Allegedly Searching Womens’ Phones for Nude Photos
- People Moves: Great American Insurance Group Promotes Gambrell to Divisional President, Excess Liability
- Struggling Businesses at Corner Where George Floyd Was Murdered Sue Minneapolis
National News
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- T-Mobile Caught Hackers Early, Averting Data Leak
- How Will the Antitrust Showdown Launched Under Biden Change Under Trump?
- US Faces Growing Crisis Over High Traffic Deaths, NTSB Chair Says
- Library of Congress Says an Adversary Hacked Some Emails
- Flood Adaptation Preferable to Post-Disaster Rebuilding – And Helps With Insurability
- Changing the Focus of Claims, Data When Talking About Nuclear Verdicts
East News
- Judge Weighs ‘Real Housewives of New York’ Cast Member’s Abuse Allegations
- New York Insurance Broker Caught in $38 Million Nursing Home Tax Fraud Scheme
- Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery
- Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund
- Philadelphia Eagles Seek to Extend Covid-19 Business Insurance Bid Into Overtime
- Massachusetts Police Charge Man With Intentionally Setting Brush Fires
- New York City Issues First Drought Warning in 22 Years
Midwest News
- A-G Specialty Acquires Michigan’s First Agency TPA
- People Moves: Columbia Insurance Group Names Rieth VP of E&S
- Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich
- Missouri Officers Arrested for Allegedly Searching Womens’ Phones for Nude Photos
- People Moves: Great American Insurance Group Promotes Gambrell to Divisional President, Excess Liability
- Struggling Businesses at Corner Where George Floyd Was Murdered Sue Minneapolis
‘Board Certified’ Coming Soon to Florida Insurance Lawyers?
Florida plaintiffs lawyers could have a new stamp of credibility to advertise.
Texas / South Central News
- AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game
- Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement
- TWIA Board Reviews 2025 Budget After $455 Million Loss from Hurricane Beryl
- Texas Medical Center Settles Racial Hiring Discrimination Case
- Inszone Acquires LIA of Texas
- Bullet Strikes Body of Southwest Plane Without Injuries at Dallas Airport
Southeast News
- Hurricane Helene Isn’t the Only Big Storm North Carolina Is Recovering From
- New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans
- Famous Gulf Coast Restaurant and Owner Fined $1.5M for Mislabeling Seafood
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood
- Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease
- Biden Requests $98.6 Billion in Emergency Disaster Aid Funds
SCOTUS Upholds Coverage Ruling on Treated Wood
The U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover claims.
West News
- More Logging Proposed to Help Curb Wildfires in Pacific Northwest
- $1M Settlement for Woman After Police Dog in California Bit into Her Scalp
- California Labor Commissioner Fines Hotel $10M for Worker Recall Law Violations
- California Department of Insurance Moves Modeling Regulation Proposal Forward
- Atmospheric River to Slam the Pacific Northwest and California
- California Wildfire Destroys 243 Structures, Cancellation Moratorium Issued
International & Reinsurance News
- Accused of Going Too Far, UK Finance Regulator Plots Where to Go Next
- Slot Machine Operator International Game Reports Hacker Incident
- Modern Cars Are Surveillance Devices on Wheels With Major Privacy Risks: Report
- Bank of Spain Estimates Floods Cost 0.2% of GDP in 4th Quarter
- Markets/Coverages: Rokstone Launches Global Parametric Product
- Flood Adaptation Preferable to Post-Disaster Rebuilding – And Helps With Insurability
Insurance Journal Blogs and Columns
- Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip
- Upgrade Your Contractor Clients’ FastBond to a Standard Bond Program
- The Power of BPO for Carriers, MGAs, and Wholesalers: A Comprehensive Solution with Selectsys BPO
- Renaissance vs. ASNOA Insurance – Which Agency Network is Right for You?
- Is Your Distribution Network Built to Scale?
- Transforming Insurance Operations Across All Lines of Business with Underwriter Link
Quote of Note
"We believe that COVID has resulted in a flight to quality and we are benefiting from this market dynamic."
More QuotesPeter Zaffino, AIG president and chief operating officer
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $40.14 | +16.99% |
| Root, Inc. | ROOT | $101.07 | +5.84% |
| Trupanion, Inc. | TRUP | $52.96 | +4.44% |
| Kingstone Companies, Inc. | KINS | $13.29 | +3.46% |
| Hippo Holdings Inc. | HIPO | $29.10 | +1.96% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| ProAssurance Corporation | PRA | $16.24 | -2.58% |
| Markel Group Inc. | MKL | $1,670.33 | -2.11% |
| The Allstate Corporation | ALL | $196.60 | -1.69% |
| American International Group, Inc. | AIG | $75.30 | -1.32% |
| Marsh & McLennan Companies, Inc. | MMC | $220.73 | -1.31% |
