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.
- Tallahassee, Atlanta Dodge a Bullet, But Thousands of Claims Are Expected
- Personal Auto Insurance Could Be Obsolete in 20 Years: Morningstar
- New York City Weighs Slashing Cab Insurance 75% to $50,000 to Aid Drivers
- State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P
- Damage Predictions Mount as Helene Strengthens: Atlanta in Its Path
- Zillow Listings Will Now Highlight Climate Risks, Insurance Info
- 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
- Rockville Diocese Reaches Bankruptcy Agreement With $323M for Sex Abuse Claims
- New York State Insurance Fund Swapped Coal Assets for Responsible Index ETF
- Connecticut Flood Recovery Centers for Small Businesses Now Open
- US Court Says Man Can Sue Pennsylvania Over 26 Years of Solitary Confinement
- Penn State to Pay $703K to Resolve Gender Pay Discrimination Claims
- Court Upholds Finding That Montana Clinic Submitted False Asbestos Claims
- Colorado Battles Hotel, Restaurant Industry Trade Groups Over Climate Rules
- Pac-12 Files Suit Against Mountain West Over $40M 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
- Tallahassee, Atlanta Dodge a Bullet, But Thousands of Claims Are Expected
- 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
- Louisiana Fortify Homes Program Doubles Grants as Registrants Surge
- Inmate Who Was Beaten in Patrol Car in Arkansas Files Federal Lawsuit
- Biggest LNG Exporter in the US Wants to Define Emission Rules
- 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 Approves $600M Settlement for Residents Near Ohio Train Derailment
- Judge Throws Out Lawsuit Over Mine Sinkholes in South Dakota
- Food Producer Settles Lawsuit Over Sexual Harassment Allegations at Michigan Facility
- Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
- Chemical Leak Prompts Evacuation Order in Ohio Town
- Xceedance Acquires Illinois’ Millennium Information Services
National News
- Personal Auto Insurance Could Be Obsolete in 20 Years: Morningstar
- 75% of Independent Agencies Report Revenue Gains From 2022-23
- Aspen’s Orseck Explains the Growing Impact of PFAS [Video]
- Ransomware, Email Compromise Leading Causes of Cyber Loss: NetDiligence
- 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
- Tropical Storm Helene Lashes Florida With Powerful Winds, Rain
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
- Rockville Diocese Reaches Bankruptcy Agreement With $323M for Sex Abuse Claims
- New York State Insurance Fund Swapped Coal Assets for Responsible Index ETF
- Connecticut Flood Recovery Centers for Small Businesses Now Open
- US Court Says Man Can Sue Pennsylvania Over 26 Years of Solitary Confinement
- Penn State to Pay $703K to Resolve Gender Pay Discrimination Claims
Midwest News
- Judge Approves $600M Settlement for Residents Near Ohio Train Derailment
- Judge Throws Out Lawsuit Over Mine Sinkholes in South Dakota
- Food Producer Settles Lawsuit Over Sexual Harassment Allegations at Michigan Facility
- Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
- Chemical Leak Prompts Evacuation Order in Ohio Town
- Xceedance Acquires Illinois’ Millennium Information Services
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
- Louisiana Fortify Homes Program Doubles Grants as Registrants Surge
- Inmate Who Was Beaten in Patrol Car in Arkansas Files Federal Lawsuit
- Biggest LNG Exporter in the US Wants to Define Emission Rules
- 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
Southeast News
- Tallahassee, Atlanta Dodge a Bullet, But Thousands of Claims Are Expected
- 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
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
- Court Upholds Finding That Montana Clinic Submitted False Asbestos Claims
- Colorado Battles Hotel, Restaurant Industry Trade Groups Over Climate Rules
- Pac-12 Files Suit Against Mountain West Over $40M 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
International & Reinsurance News
- Ukraine Says Russian Strike on Danube Port Town Kills Three
- The Fidelis Partnership Launches MGA Seraphina, Led by Sanders From Probitas 1492
- Canada’s Axis Insurance Acquires P/C Broker Baker Insurance
- Markets/Coverages: Guernsey Insurer Paratus to Offer Renewable Power Insurance
- People Moves: AXA XL Promotes Flanagan to Lead P&C Bermuda; Intangic Names Cryer as Dir. of Client Solutions; Dale Names Daniel Head of Global Property Reinsurance
- Britain Targets Russian LNG Sector With Fresh Shipping Sanctions
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
"What NotPetya really laid bare was this idea that if you're selling a half-baked cyber coverage grant inside of some other policy, you're playing with fire. And if you're an insured, you're not buying a product that's fit for purpose."
More QuotesConan Ward, president of MGA/MGU Operations at QOMPLX.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kinsale Capital Group, Inc. | KNSL | $461.38 | +2.57% |
| NI Holdings, Inc. | NODK | $15.50 | +1.51% |
| Kingsway Financial Services Inc. | KFS | $8.10 | +1.50% |
| Kingstone Companies, Inc. | KINS | $8.85 | +0.57% |
| Arthur J. Gallagher & Co. | AJG | $279.45 | +0.53% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $37.55 | -3.94% |
| Hippo Holdings Inc. | HIPO | $17.17 | -2.83% |
| Heritage Insurance Holdings, Inc. | HRTG | $15.51 | -2.70% |
| ProAssurance Corporation | PRA | $14.58 | -2.41% |
| Donegal Group Inc. | DGIC.A | $14.68 | -2.00% |
