A 6-3 ruling upheld a lower court's decision that the president exceeded his authority.
The ruling allows insurers to pursue subrogation from the Blackbaud cyberattack.
- Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows
- AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers
- US Supreme Court Rejects Trump’s Global Tariffs
- Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’
- Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers
- Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance
- Delaware High Court Rescues Cyber Insurers’ Subrogation Claims
- EEOC Sues Coca-Cola Distributor It Says Excluded Male Employees From Event
- New York Governor Hochul Pulls Robotaxi Expansion Proposal
- People Moves: MIA Names Thornton, Matthewson, Fountain; Trucordia Appoints Dunning
- State Drops Charges Against NJ Political Power Broker, Insurance Exec Norcross
- District of Columbia Seeks Federal Help for Potomac River Sewage Spill
- Ski Trip Hit by Avalanche Was Led by Outfit Offering Mountain Adventures Globally
- Washingtion Contractor Fined for Exposing Workers to Asbestos
- LA Fire Victims Suing City Utility for Billions Win Major Ruling
- Edison Is Slashing Top Executive Bonuses After Deadly LA Fire
- Decades-Old Abuse Payouts Squeeze California School and City Budgets
- California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes
- Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups
- OSHA Fines Alabama Utility Contractor $257,700 After Deaths of 3 Workers
- Palantir Decamps to Miami Co-Working Space in Surprise Move
- Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan
- Georgia Supreme Court Disbars Workers’ Comp Attorney for Taking Client Funds
- Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance
- Duffy Will Brief Congress Next Week on El Paso Shutdown
- Texas Fire Threat to Worsen as Oklahoma Panhandle Burns
- People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
- Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas
- Texas Sues Dow, Alleging Water Pollution Violations at Chemical Plant
- Inszone Acquires Texas’ Scarbrough, Medlin & Associates
- Insurtech Qumis Secures $4.3M Seed Round
- Michigan AG Secures Judgment Against Construction Company
- Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas
- Pritzker to Halt Data Center Tax Perks as Power Bills Soar
- Luxury Steamer Wreck Found in Lake Michigan After 60-Year Quest
- Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations
National News
- US Supreme Court Rejects Trump’s Global Tariffs
- Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says
- High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best
- Erie Insurance CEO NeCastro to Retire at Year End
- Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program
- BioNTech Sues Moderna for Patent Infringement Over COVID Shots
- Live Nation Loses Bid for Full Dismissal of Antitrust Suit
- People Moves: Yuko and Shapiro to Lead Amwins New Hospitality Practice; Pinion Insurance Names Selvig US CUO
East News
- Delaware High Court Rescues Cyber Insurers’ Subrogation Claims
- EEOC Sues Coca-Cola Distributor It Says Excluded Male Employees From Event
- New York Governor Hochul Pulls Robotaxi Expansion Proposal
- People Moves: MIA Names Thornton, Matthewson, Fountain; Trucordia Appoints Dunning
- State Drops Charges Against NJ Political Power Broker, Insurance Exec Norcross
- District of Columbia Seeks Federal Help for Potomac River Sewage Spill
Midwest News
- Insurtech Qumis Secures $4.3M Seed Round
- Michigan AG Secures Judgment Against Construction Company
- Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas
- Pritzker to Halt Data Center Tax Perks as Power Bills Soar
- Luxury Steamer Wreck Found in Lake Michigan After 60-Year Quest
- Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations
Net income jumped 17% from a year earlier to $6.8 billion.
Texas / South Central News
- Duffy Will Brief Congress Next Week on El Paso Shutdown
- Texas Fire Threat to Worsen as Oklahoma Panhandle Burns
- People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
- Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas
- Texas Sues Dow, Alleging Water Pollution Violations at Chemical Plant
- Inszone Acquires Texas’ Scarbrough, Medlin & Associates
Southeast News
- Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups
- OSHA Fines Alabama Utility Contractor $257,700 After Deaths of 3 Workers
- Palantir Decamps to Miami Co-Working Space in Surprise Move
- Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan
- Georgia Supreme Court Disbars Workers’ Comp Attorney for Taking Client Funds
- Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance
Munich Re’s primary insurance unit ERGO aims to cut about 1,000 positions in Germany.
West News
- Ski Trip Hit by Avalanche Was Led by Outfit Offering Mountain Adventures Globally
- Washingtion Contractor Fined for Exposing Workers to Asbestos
- LA Fire Victims Suing City Utility for Billions Win Major Ruling
- Edison Is Slashing Top Executive Bonuses After Deadly LA Fire
- Decades-Old Abuse Payouts Squeeze California School and City Budgets
- California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes
International & Reinsurance News
- Hedge Fund Fermat Says Surge in Cat-Bond Sales Is ‘Breathtaking’
- TotalEnergies Asked to End Oil and Gas Exploration in Paris Lawsuit
- India Grants One-Month Extension to 4 Russian Marine Insurers
- How the UK Is Keeping Flood Insurance Affordable – Until 2039
- Climate Change Made Deadly Valencia Floods More Intense
- Aon Promotes Fraccalvieri as CEO of Global Facultative Re, Succeeding Laing; Arch Insurance Int’l Promotes Hope, Mani to Key Underwriting Roles in D&O and FI
Insurance Journal Blogs and Columns
- How University Faculty Use the UA Program to Bridge Classroom Learning and Industry Expectations
- Dyad to Showcase AI-Powered ALIS DX Platform at the 2026 WSIA Underwriting Summit
- New Era of Agency Productivity
- Lane & Associates Nearly Triples Premium with ALIS DX
- 5 Lessons from INTRConnect 2026 on How to Maximize Your Impact in Property Insurance
- How Technology Helps MGAs Overcome Operational Friction
Quote 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 |
|---|---|---|---|
| Ategrity Specialty Insurance Company Holdings | ASIC | $21.63 | +23.60% |
| Neptune Insurance Holdings Inc. | NP | $21.24 | +3.91% |
| Global Indemnity Group, LLC | GBLI | $28.96 | +3.13% |
| Skyward Specialty Insurance Group, Inc. | SKWD | $46.88 | +2.27% |
| The Travelers Companies, Inc. | TRV | $304.93 | +1.68% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Employers Holdings, Inc. | EIG | $39.18 | -7.70% |
| Lemonade, Inc. | LMND | $57.31 | -7.07% |
| Palomar Holdings, Inc. | PLMR | $120.61 | -2.28% |
| American Coastal Insurance Corporation | ACIC | $10.89 | -2.16% |
| Root, Inc. | ROOT | $60.52 | -1.74% |