Moody's said there is a widening gap between flood risk and homes with insurance.
USI sued a former employee alleged to have poached customers for his new agency.
- NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget
- Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI
- Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino
- Insurance Attorneys Flip $1M Hail Claim Into $2M Suit for Contractor Interference
- Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’
- Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event
- Trump Files Fresh $10 Billion Suit Over WSJ’s Epstein Story
- Massachusetts Man Hid Payroll to Skirt Taxes, Lower Workers’ Compensation Costs
- People Moves: Davis & Towle Names Kneeland, Promotes Cole in Commercial Lines
- NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget
- Court Overturns Mass.-Based Insulet’s $59M Trade Secret Verdict
- Lawyer Who Filed Viral Suit Against JPMorgan Seeks to Exit Case
- Number of Deaths Rises in Washington Paper Mill Explosion
- California Drivers Arraigned for Insurance Fraud in Staged Crash Scheme
- Justice Department Sues University of California for Antisemitic Environment
- Insurance Attorneys Flip $1M Hail Claim Into $2M Suit for Contractor Interference
- Emergency Reserve Oil Heads to California for First Time
- West Coast Chemical Emergencies Raise Questions About Safety
- Florida Comp Costs Are on the Rise. End to Physician Dispensing May Help
- Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’
- Florida Bill, Waiting on Governor, Asks E-Bikers to Slow Down if Pedestrians Near
- DeSantis Proposes Axing Property Taxes on Primary Homes in Florida
- Business Moves: World Insurance Expands Florida Business With Lock Insurance
- Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud
- Tesla Reveals Its Texas Robotaxi Fleet Is Dwarfed by Waymo’s
- Texas Board Faults Camp Mystic Leader for Inaction During Deadly Flood
- WhatsApp, Meta Can Access Texans’ Private Messages, Lawsuit Claims
- 4 Arrested in Louisiana Insurance Fraud Scheme
- EEOC Sues Buc-ee’s for Alleged Disability Discrimination at Texas Store
- Texas Sues Discord Over Alleged Child Predator Exposure
- Pollution and Forever Chemicals Threaten Health of Michigan’s Rivers
- Ohio to Halt Data Center Tax Credits as Opposition Grows
- Michigan House Explosion Leaves 1 Dead
- Shepherd Insurance Acquires Pair of Indiana Agencies
- Woman Fired by Indiana College Over Charlie Kirk Post to Receive $225K Settlement
- Northwestern Medicine Agrees to Pay $325K in Religious Discrimination Case
National News
- Cyberattacks, Inflation Lead List of Top Risks for Business Leaders: The Hartford
- Anthropic Plans Wide Release of Mythos-Level AI Models in Weeks
- Google Engineer Charged With Insider Trading on Polymarket
- Americans Doubt Countries Will Do Enough to Tame Climate Change
- People Moves: The Hartford Names Ilias Head of US Ocean Marine
- NHTSA Opens Probe Into Nearly 115,000 Rivian Vehicles
- Markets/Coverages: E&S Property MGA Luminor Risk Launches
- Cruise Operator Carnival Discloses Personal Data Breach
- As Organic Growth Rate Slows, Consultant Urges Agents and Brokers to Embrace Tech
East News
- Trump Files Fresh $10 Billion Suit Over WSJ’s Epstein Story
- Massachusetts Man Hid Payroll to Skirt Taxes, Lower Workers’ Compensation Costs
- People Moves: Davis & Towle Names Kneeland, Promotes Cole in Commercial Lines
- NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget
- Court Overturns Mass.-Based Insulet’s $59M Trade Secret Verdict
- Lawyer Who Filed Viral Suit Against JPMorgan Seeks to Exit Case
Midwest News
- Pollution and Forever Chemicals Threaten Health of Michigan’s Rivers
- Ohio to Halt Data Center Tax Credits as Opposition Grows
- Michigan House Explosion Leaves 1 Dead
- Shepherd Insurance Acquires Pair of Indiana Agencies
- Woman Fired by Indiana College Over Charlie Kirk Post to Receive $225K Settlement
- Northwestern Medicine Agrees to Pay $325K in Religious Discrimination Case
Schools claim addiction to social media platforms disrupted learning and forced them to spend on a mental health crisis.
Texas / South Central News
- Corpus Christi Focuses on Delaying Looming Water Crisis
- Tesla Reveals Its Texas Robotaxi Fleet Is Dwarfed by Waymo’s
- Texas Board Faults Camp Mystic Leader for Inaction During Deadly Flood
- WhatsApp, Meta Can Access Texans’ Private Messages, Lawsuit Claims
- 4 Arrested in Louisiana Insurance Fraud Scheme
- EEOC Sues Buc-ee’s for Alleged Disability Discrimination at Texas Store
Southeast News
- Kentucky Food-Color Plant Was ‘Catastrophe Waiting to Happen,’ CSB Says
- Florida Comp Costs Are on the Rise. End to Physician Dispensing May Help
- Reinsurers Bring Strong Risk Appetite to Florida’s June Renewals: Guy Carpenter
- Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’
- Florida Bill, Waiting on Governor, Asks E-Bikers to Slow Down if Pedestrians Near
- DeSantis Proposes Axing Property Taxes on Primary Homes in Florida
The technology may be maturing faster than the operating models around it, said AM Best.
West News
- Number of Deaths Rises in Washington Paper Mill Explosion
- California Drivers Arraigned for Insurance Fraud in Staged Crash Scheme
- Justice Department Sues University of California for Antisemitic Environment
- Insurance Attorneys Flip $1M Hail Claim Into $2M Suit for Contractor Interference
- Emergency Reserve Oil Heads to California for First Time
- West Coast Chemical Emergencies Raise Questions About Safety
International & Reinsurance News
- Reinsurers Bring Strong Risk Appetite to Florida’s June Renewals: Guy Carpenter
- Insurance Australia Settles in Greensill Federal Court Case
- Ships Attacked in Strait of Hormuz This Week, Chevron CEO Says
- Temu Fined €200 Million by EU Over Dangerous Toys, Chargers
- Viewpoint: Somali Piracy Is Back – Fueled by Political Turmoil, Aid Cuts and Iran War
- Extreme Heat Could Cost Germany up to $131 Billion by 2030, Analysis Shows
Insurance Journal Blogs and Columns
- Renewals Don’t Have to Be a Fire Drill
- Cut Manual Work: Insurance Operations Automation with EZLynx
- Securing Favorable Terms on Unbundled Business Auto Coverage
- Cotality’s Focus on Interoperability: Producing End-to-End Trust for Insurance and Restoration
- How AI Is Reshaping the Independent Insurance Agency
- The Hidden Insurance Risks of Ultra-Processed Foods
Quote of Note
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $58.04 | +2.49% |
| Trupanion, Inc. | TRUP | $22.15 | +2.12% |
| TWFG, Inc. | TWFG | $18.76 | +1.02% |
| Kinsale Capital Group, Inc. | KNSL | $307.98 | +0.62% |
| Hagerty, Inc. | HGTY | $10.17 | +0.20% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Goosehead Insurance, Inc. | GSHD | $35.23 | -6.50% |
| Reliance Global Group, Inc. | EZRA | $3.69 | -4.90% |
| Kingstone Companies, Inc. | KINS | $15.35 | -3.40% |
| Root, Inc. | ROOT | $52.50 | -3.05% |
| Mercury General Corporation | MCY | $96.53 | -2.83% |