US Property Insurance Rates Fall for First Time Since 2017
The average U.S. property insurance rate decreased 0.94% in the second quarter.
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies
A high percentage of insurance executives say generative AI is a top investment priority.
- State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P
- Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role
- Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
- Snowmobiler Who Crashed Into Black Hawk Helicopter on Path Awarded $3 Million
- Ecuador Fires Threaten Wealthy Areas, Force President to Return Home
- Passenger Killed When Horse Smashed Through Windshield on California Highway
- Norcross Defense Team Pans Racketeering Case as ‘Crime Thriller With No Crime’
- Snowmobiler Who Crashed Into Black Hawk Helicopter on Path Awarded $3 Million
- AM Best Revises Outlooks to Negative for Members of Coverys Companies
- Alex Jones’ Infowars to Be Liquidated at Auctions to Pay Sandy Hook Families
- US Court Declines to Dismiss Mandarin Hotel COVID-19 Claim Against Insurers
- Vandal in Rampage at Car Dealer Damages 75 Vehicles
- Inszone Acquires First West Insurance Agency in California
- Passenger Killed When Horse Smashed Through Windshield on California Highway
- Woman Arrested From Washington Insurance Commissioner’s Most Wanted List
- Efforts to Build More Electric Vehicle Charging Stations in Nevada Sputtering
- Cal/OSHA Cautioning Employers to Protect Workers From Wildfire Smoke
- Critics Say Lawmakers Watered Down California’s ‘Lemon Law’ After Secret Negotiations
- GEICO Can’t Sue or Void Invoices from Auto Glass Shops, Florida Supreme Court Says
- Damage Predictions Mount as Helene Strengthens: Atlanta in Its Path
- Should Citizens Do More to Assist With Coming Flood Claims in Florida? Can it?
- Highstreet Acquires Mitchell Agency in Florida
- Lawyers Say Other Victims Could Sue Mississippi Sheriff Over Brutality Claims
- Alkeme Cooks Up Acquisition of Surry Insurance in North Carolina
- Amwins Commits $100K Towards Univ. of Louisiana Monroe RMI Program
- Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.
- Oklahoma High Court Denies Rehearing for Survivors of Tulsa Race Massacre
- Judge Denies Texas Attorney General’s Attempt to Halt Gun Ban at State Fair
- Jury Clears Most Defendants in Trump Train Trial
- EEOC Suit Alleges Texas Outsourcing Firm Discriminated Against Blind Employee
- Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
- Chemical Leak Prompts Evacuation Order in Ohio Town
- Xceedance Acquires Illinois’ Millennium Information Services
- Cease and Desist Order Issued Against Iowa Contractor
- Hundreds Sue Over Alleged Sexual Abuse at Illinois Juvenile Detention Centers
- Kansas County Says Ransomware Attack Exposed Personal Information
National News
- State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P
- Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
- FTC Crackdown on Companies Using AI Includes ‘Robot Lawyer,’ Content Generator
- American Eagle Outfitters Sues Amazon for Infringing ‘Aerie’ Trademarks
- AI Being Used to Scam Small Business Owners, Says Nationwide Survey
- Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role
- Trial Begins Over Claims Newsmax Defamed Smartmatic in 2020 Election Reporting
East News
- Norcross Defense Team Pans Racketeering Case as ‘Crime Thriller With No Crime’
- Snowmobiler Who Crashed Into Black Hawk Helicopter on Path Awarded $3 Million
- AM Best Revises Outlooks to Negative for Members of Coverys Companies
- Alex Jones’ Infowars to Be Liquidated at Auctions to Pay Sandy Hook Families
- US Court Declines to Dismiss Mandarin Hotel COVID-19 Claim Against Insurers
- Vandal in Rampage at Car Dealer Damages 75 Vehicles
Midwest News
- Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
- Chemical Leak Prompts Evacuation Order in Ohio Town
- Xceedance Acquires Illinois’ Millennium Information Services
- Cease and Desist Order Issued Against Iowa Contractor
- Hundreds Sue Over Alleged Sexual Abuse at Illinois Juvenile Detention Centers
- Kansas County Says Ransomware Attack Exposed Personal Information
How One Mutual Insurer Recovered From Financial Storms
In a creative solution, GuideOne became the inaugural member of Bain Capital's insurance fund.
Texas / South Central News
- Amwins Commits $100K Towards Univ. of Louisiana Monroe RMI Program
- Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.
- Oklahoma High Court Denies Rehearing for Survivors of Tulsa Race Massacre
- Judge Denies Texas Attorney General’s Attempt to Halt Gun Ban at State Fair
- Jury Clears Most Defendants in Trump Train Trial
- EEOC Suit Alleges Texas Outsourcing Firm Discriminated Against Blind Employee
Southeast News
- GEICO Can’t Sue or Void Invoices from Auto Glass Shops, Florida Supreme Court Says
- Damage Predictions Mount as Helene Strengthens: Atlanta in Its Path
- Should Citizens Do More to Assist With Coming Flood Claims in Florida? Can it?
- Highstreet Acquires Mitchell Agency in Florida
- Lawyers Say Other Victims Could Sue Mississippi Sheriff Over Brutality Claims
- Alkeme Cooks Up Acquisition of Surry Insurance in North Carolina
Canada’s Insurance Czar: You May Have to Move
The soaring cost and difficulty of insuring for climate risks may force Canadians to relocate.
West News
- Inszone Acquires First West Insurance Agency in California
- Passenger Killed When Horse Smashed Through Windshield on California Highway
- Woman Arrested From Washington Insurance Commissioner’s Most Wanted List
- Efforts to Build More Electric Vehicle Charging Stations in Nevada Sputtering
- Cal/OSHA Cautioning Employers to Protect Workers From Wildfire Smoke
- Critics Say Lawmakers Watered Down California’s ‘Lemon Law’ After Secret Negotiations
International & Reinsurance News
- Britain Targets Russian LNG Sector With Fresh Shipping Sanctions
- A $9.5 Trillion Investor Group Unveils Milestone Emissions Cuts
- Ardonagh Marks Crucial Step Toward Completing A$2.3B Acquisition of Australia’s PSC
- India Insurer Star Health Sues Telegram After Hacker Uses App’s Chatbots to Leak Data
- Ecuador Fires Threaten Wealthy Areas, Force President to Return Home
- Shell, Equinor, TotalEnergies Open CO2 Storage Facility in Norway
- Acrisure Launches Bermuda Operation, Led by Industry Veteran Scope
- Markets/Coverages: Markel Expands Specialist Tech Insurance Offering in UK
Insurance Journal Blogs and Columns
- Crimes Against Customers: Part 3 – Technology Crimes
- Selectsys Max and Hub: The Ultimate End-to-End Solution for Next-Gen Insurance Management
- How Data Analysis Enhances the Underwriting Process
- Getting to the Heart of Hail: How Forensic Data Optimizes Hail Claim Verification
- Abbreviation for Million and Thousand: K & MM Meaning
- Revolutionizing Insurance Operations: How SelectsysTech’s Integrated Solutions Enhance Underwriting, Quoting, and Data Management
Quote of Note
"It will change how you get to work, how you interact with policy holders, and how you adapt to changing conditions and requirements. It's highly likely that the insurance industry will change more in the next 15 years than it has in the previous 100."
More QuotesMark Anquillare, executive vice present and chief operating officer of Verisk.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Heritage Insurance Holdings, Inc. | HRTG | $16.58 | +3.88% |
| Goosehead Insurance, Inc | GSHD | $89.68 | +2.14% |
| Palomar Holdings, Inc. | PLMR | $97.48 | +1.34% |
| ProAssurance Corporation | PRA | $14.49 | +1.26% |
| Horace Mann Educators Corporation | HMN | $35.48 | +1.26% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kingstone Companies, Inc. | KINS | $8.94 | -3.04% |
| Root, Inc. | ROOT | $38.50 | -2.41% |
| American Coastal Insurance Corporation | ACIC | $10.82 | -2.08% |
| Mercury General Corporation | MCY | $63.55 | -1.82% |
| Hippo Holdings Inc. | HIPO | $17.95 | -1.10% |
