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
"Insurance carriers are paying more attention to underwriting and selecting accounts they want to do business with and being very competitive on those."
More QuotesBrian F. Cooper, managing director, National Construction Practice, for Gallagher Construction Services in San Francisco.
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% |
