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.
- Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
- Flood Damage on Key Austrian Rail Link to Take Months to Repair
- Damage Predictions Mount as Helene Strengthens: Atlanta in Its Path
- India Insurer Star Health Sues Telegram After Hacker Uses App’s Chatbots to Leak Data
- Climate Change and Rising US Insurance Rates
- Selectsys Max and Hub: The Ultimate End-to-End Solution for Next-Gen Insurance Management
- New York City Weighs Slashing Cab Insurance 75% to $50,000 to Aid Drivers
- Appellate Judges Skeptical of New York Civil Fraud Case Against Trump
- Connecticut Flood Recovery Centers for Small Businesses Now Open
- US Court Says Man Can Sue Pennsylvania Over 26 Years of Solitary Confinement
- 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
- Colorado Battles Hotel, Restaurant Industry Trade Groups Over Climate Rules
- Pac-12 Files Suit Against Mountain West Over $43 in ‘Poaching’ Penalties
- 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
- Chemical Board Still Probing Tennessee Nitriding Plant Blast That Killed Worker
- 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
- 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
- Report: Cybersecurity Claims for Data Loss Vary Broadly
- Climate Change and Rising US Insurance Rates
- Zillow Listings Will Now Highlight Climate Risks, Insurance Info
- Policing Group Says Officers Must Change Use of Physical Force
- 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
- Trial Begins Over Claims Newsmax Defamed Smartmatic in 2020 Election Reporting
East News
- New York City Weighs Slashing Cab Insurance 75% to $50,000 to Aid Drivers
- Appellate Judges Skeptical of New York Civil Fraud Case Against Trump
- Connecticut Flood Recovery Centers for Small Businesses Now Open
- US Court Says Man Can Sue Pennsylvania Over 26 Years of Solitary Confinement
- 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
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
- Chemical Board Still Probing Tennessee Nitriding Plant Blast That Killed Worker
- 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
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
- Colorado Battles Hotel, Restaurant Industry Trade Groups Over Climate Rules
- Pac-12 Files Suit Against Mountain West Over $43 in ‘Poaching’ Penalties
- 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
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
- Streamlining Policy Issuance and Servicing with BPO: Key Benefits for Insurance Carriers
- 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
Quote of Note
"Certainly, claims — with all of their moving parts in all of the lines of business — still present compliance challenges."
More QuotesKathy Donovan, lead researcher for Wolters Kluwer, on P/C insurers' top market conducts mistakes.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| American Coastal Insurance Corporation | ACIC | $11.44 | +5.73% |
| ProAssurance Corporation | PRA | $14.94 | +3.11% |
| Donegal Group Inc. | DGIC.A | $14.98 | +2.67% |
| HCI Group, Inc. | HCI | $108.91 | +2.50% |
| Doma Holdings Inc. | DOMA | $6.28 | +2.45% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Heritage Insurance Holdings, Inc. | HRTG | $15.94 | -3.86% |
| Palomar Holdings, Inc. | PLMR | $95.27 | -2.27% |
| The Progressive Corporation | PGR | $252.38 | -1.79% |
| Kingstone Companies, Inc. | KINS | $8.80 | -1.57% |
| Hippo Holdings Inc. | HIPO | $17.67 | -1.56% |
