Reinsurers’ Appetite for Nat Cat Risk Grows – With Discipline
Most large reinsurers rated by S&P increased exposure to natural catastrophes at Jan 1.
Main Street America Insurance Exits Personal Lines
Main Street will stop offering personal lines to focus on a commercial lines strategy.
- New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown
- Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives
- Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation
- Climate Losses Batter Insurers While Reinsurers Step Back
- Reinsurers’ Appetite for Natural Catastrophe Risks Grows – But Discipline Remains
- How One Florida Engineer Charged Others With Fraudulent Insurance Reports, Testimony
- Driver of Partially Automated Mustang Charged With DUI Homicide
- Officer Sentenced for Selling Crash Victim Information to Referral Service for Lawyers
- Relation Insurance Acquires Maryland’s Haney Company
- New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown
- Insurers Say Honda and Local Dealer Should Pay for Damages Caused by Car Fire
- University Student Sues Sorority and Landlord Over Fall From Window
- Inszone Acquires Cascade Insurance Center in Oregon
- Pilot Declared Emergency, Loss of Autopilot Before Wyoming Crash That Killed 3 Members of Gospel Group
- Judge to Ask Hawaii Supreme Court About Barriers to $4B Wildfire Settlement
- People Moves: Liberty Names Dyer VP and Producer in California
- California Lawmakers Approve Legislation to Ban Deepfakes, Regulate AI
- Viewpoint: Navigating the CDI’s Notice of Non-Compliance
- NCCI Calls For Tiny Workers’ Comp Rate Decrease for Florida After New Doctor Fees
- Three Charged With Auto Insurance Fraud in Miami After False Injury Claims
- People Moves: CRC Group Adds New Underwriters in Tennessee, Georgia
- How One Florida Engineer Charged Others With Fraudulent Insurance Reports, Testimony
- Youth Football Safety Debate Reopened After Deaths of 2 Players on Same Day
- Another Bus in Mississippi Blows a Tire and Crashes, Killing 7 and Injuring 37
- SpaceX Faces Concerns Over Environment Damage in South Texas
- Explosion Destroys Southwest Louisiana Home, Killing 1 and Injuring 5
- Oklahoma Manufacturer Sued For Firing Employees Over COVID Vaccine Exemptions
- Investigation Underway After Bleacher Collapse at Texas Rodeo Injures 12 People
- Bus Crash Involving Abilene Christian Football Team Injures 4
- TDI to Hold Two Public Meetings on TWIA’s Filing of 10% Rate Increase
- AM Best Downgrades Credit Rating of Iowa’s IMT Insurance
- Kansas Woman Sentenced to Probation for Insurance Fraud
- Man Drives Car Through Restaurant Patio in Minneapolis Suburb, Killing 2
- Michigan’s Conifer Holdings Sells Insurance Agency Operations
- Tornadic Winds Derail 43 Train Cars in North Dakota
- Michigan Court: Businesses Can’t Get State Compensation Over Pandemic Closures
National News
- Climate Losses Batter Insurers While Reinsurers Step Back
- Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation
- Judge Says X Must Face Class Action Age Bias Claims Over Mass Layoff
- SEC’s WhatsApp Probe Expands as Rating Agencies Hit With Fines
- For Small Commercial Businesses, Insurance Satisfaction Is a Matter of Trust
- Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives
- CSU Forecasters Predict Quiet Hurricane Activity to Start September
- Ryan Specialty Completes Buy of Assets of Greenhill From Alera
East News
- Driver of Partially Automated Mustang Charged With DUI Homicide
- Officer Sentenced for Selling Crash Victim Information to Referral Service for Lawyers
- Relation Insurance Acquires Maryland’s Haney Company
- New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown
- Insurers Say Honda and Local Dealer Should Pay for Damages Caused by Car Fire
- University Student Sues Sorority and Landlord Over Fall From Window
Midwest News
- AM Best Downgrades Credit Rating of Iowa’s IMT Insurance
- Kansas Woman Sentenced to Probation for Insurance Fraud
- Man Drives Car Through Restaurant Patio in Minneapolis Suburb, Killing 2
- Michigan’s Conifer Holdings Sells Insurance Agency Operations
- Tornadic Winds Derail 43 Train Cars in North Dakota
- Michigan Court: Businesses Can’t Get State Compensation Over Pandemic Closures
Extreme Rain Is a Growing Threat to Northeastern US
Extreme rainfall is pummeling the Northeast and scientists say it will get worse.
Texas / South Central News
- SpaceX Faces Concerns Over Environment Damage in South Texas
- Explosion Destroys Southwest Louisiana Home, Killing 1 and Injuring 5
- Oklahoma Manufacturer Sued For Firing Employees Over COVID Vaccine Exemptions
- Investigation Underway After Bleacher Collapse at Texas Rodeo Injures 12 People
- Bus Crash Involving Abilene Christian Football Team Injures 4
- TDI to Hold Two Public Meetings on TWIA’s Filing of 10% Rate Increase
Southeast News
- NCCI Calls For Tiny Workers’ Comp Rate Decrease for Florida After New Doctor Fees
- Three Charged With Auto Insurance Fraud in Miami After False Injury Claims
- People Moves: CRC Group Adds New Underwriters in Tennessee, Georgia
- How One Florida Engineer Charged Others With Fraudulent Insurance Reports, Testimony
- Youth Football Safety Debate Reopened After Deaths of 2 Players on Same Day
- Another Bus in Mississippi Blows a Tire and Crashes, Killing 7 and Injuring 37
Atlantic Hurricane Season Could Intensify: AccuWeather
AccuWeather said less wind shear and less dry air could create conducive conditions.
West News
- Inszone Acquires Cascade Insurance Center in Oregon
- Pilot Declared Emergency, Loss of Autopilot Before Wyoming Crash That Killed 3 Members of Gospel Group
- Judge to Ask Hawaii Supreme Court About Barriers to $4B Wildfire Settlement
- People Moves: Liberty Names Dyer VP and Producer in California
- California Lawmakers Approve Legislation to Ban Deepfakes, Regulate AI
- Viewpoint: Navigating the CDI’s Notice of Non-Compliance
International & Reinsurance News
- Climate Losses Batter Insurers While Reinsurers Step Back
- UK Grenfell Tower Fire Inquiry Blames All Deaths on Incompetence and Greed
- Who Is to Blame for Deadly 2017 Grenfell Tower Fire?
- Ex-VW CEO Denies Criminal Charges Over Diesel Emissions Scandal
- People Moves: Brit Names Guy Carpenter’s Stephenson to Lead Bermuda Expansion; HDI Global Taps Geis From Allianz as Managing Director for Germany
- Reinsurers’ Appetite for Natural Catastrophe Risks Grows – But Discipline Remains
Insurance Journal Blogs and Columns
- Taking Your Adjuster Licensing from a Liability to an Asset
- Revolutionizing Flood Insurance with CoreLogic® Flood Risk Score
- How Can You Create a World-Class Producer Experience? It Starts with Tech, Transparency, and Trust
- How to Protect Your Fleet from Phishers Posing as the FMCSA
- OCIP vs. CCIP: Choosing the Right Insurance Program for Your Construction Project
- Medicare Prescription Drug Costs: Strategies for Managing Expenses
Sponsored Newswire
More Sponsored NewswiresQuote of Note
"We may intervene and take further actions where firms do not appear to be meeting our expectations and treating their customers fairly."
More QuotesFinancial Conduct Authority (FCA), which has taken eight insurers to court over business interruption policy wordings.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Goosehead Insurance, Inc | GSHD | $88.30 | +5.40% |
| Trupanion, Inc. | TRUP | $44.88 | +3.43% |
| Global Indemnity Group, LLC | GBLI | $32.13 | +2.91% |
| Heritage Insurance Holdings, Inc. | HRTG | $16.65 | +2.52% |
| Lemonade, Inc. | LMND | $18.77 | +2.40% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| AMERISAFE, Inc. | AMSF | $48.80 | -2.03% |
| Mercury General Corporation | MCY | $62.83 | -1.83% |
| Tiptree Inc. | TIPT | $19.14 | -1.39% |
| American Coastal Insurance Corporation | ACIC | $10.88 | -1.18% |
| Horace Mann Educators Corporation | HMN | $35.95 | -0.75% |
