Helene Dumps Rain on Millions Without Flood Insurance
The disaster underscores Americans’ very low levels of flood insurance coverage.
Insurance CEOs Talk Gen AI, Growth, Workforce Strategies
A high percentage of insurance executives say generative AI is a top investment priority.
- Marsh McLennan to Buy TIH’s McGriff Insurance for $7.75B
- Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance
- Florida Storm Surge Swamps Nuclear Plant, Pro Golfer’s Home, Many More
- State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P
- Personal Auto Insurance Could Be Obsolete in 20 Years: Morningstar
- Florida Suspends Doctor’s License After Fatal Surgery That Removed Wrong Organ
- Jury Awards $2.78 Million to Nanny Over Hidden Camera in Bedroom
- Longshoremen Seek Lost Wages in Suit Over Baltimore Bridge Collapse
- House Explosion That Killed 2 Linked to Propane System, Fire Officials Say
- Biden Approves Disaster Declaration for Vermont for Late July Flooding
- 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
- Inszone Acquires ISU Francis-Pinney Insurance Services in California
- Hollywood Car Stunts Turn Into Real Crimes With Street Takeovers
- 4.2 Magnitude Earthquake Hit California South of San Francisco
- 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
- Insured Losses Top $5B With Heavy Flooding But Few Covered by Flood Insurance
- Hurricane Helene Halts Poultry Plants, Damages Pecan Trees
- Florida Storm Surge Swamps Nuclear Plant, Pro Golfer’s Home, Many More
- Florida Suspends Doctor’s License After Fatal Surgery That Removed Wrong Organ
- Early Lessons From Helene Show Catastrophes Are Here to Stay, Flood Insurance Vital
- Tallahassee, Atlanta Dodge a Bullet, But Thousands of Claims Are Expected
- New Orleans, DOJ Move to End Police Department’s Consent Decree
- Texas Farmers and Ranchers Sound Alarm Over Languishing Farm Bill
- 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
- Appeals Court Sends Back Part of Dakota Access Pipeline Protestor’s Excessive Force Lawsuit
- OSHA Cites Company for Multiple Safety Violations Following Cargo Hold Fire in Ohio
- Residents in East Palestine Express Distrust Over EPA’s Reporting Practices After Train Derailment
- 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
National News
- Marsh McLennan to Buy TIH’s McGriff Insurance for $7.75B
- Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance
- Thieves Hunting for Copper Are Vandalizing American EV Chargers
- Cargo Carriers Fear Port Strike Will Paralyze Half of US Trade
- What Testimony on Titan Submersible Disaster Revealed
- Scammers Pose as Political Activists to Play on Partisan Divide
- Toyota, Mazda, Mercedez-Benz Issue Recalls, NHTSA Says
East News
- Jury Awards $2.78 Million to Nanny Over Hidden Camera in Bedroom
- Longshoremen Seek Lost Wages in Suit Over Baltimore Bridge Collapse
- House Explosion That Killed 2 Linked to Propane System, Fire Officials Say
- Biden Approves Disaster Declaration for Vermont for Late July Flooding
- 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
Midwest News
- Appeals Court Sends Back Part of Dakota Access Pipeline Protestor’s Excessive Force Lawsuit
- OSHA Cites Company for Multiple Safety Violations Following Cargo Hold Fire in Ohio
- Residents in East Palestine Express Distrust Over EPA’s Reporting Practices After Train Derailment
- 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
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
- New Orleans, DOJ Move to End Police Department’s Consent Decree
- Texas Farmers and Ranchers Sound Alarm Over Languishing Farm Bill
- 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
Southeast News
- Insured Losses Top $5B With Heavy Flooding But Few Covered by Flood Insurance
- Hurricane Helene Halts Poultry Plants, Damages Pecan Trees
- Florida Storm Surge Swamps Nuclear Plant, Pro Golfer’s Home, Many More
- Florida Suspends Doctor’s License After Fatal Surgery That Removed Wrong Organ
- Early Lessons From Helene Show Catastrophes Are Here to Stay, Flood Insurance Vital
- Tallahassee, Atlanta Dodge a Bullet, But Thousands of Claims Are Expected
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 ISU Francis-Pinney Insurance Services in California
- Hollywood Car Stunts Turn Into Real Crimes With Street Takeovers
- 4.2 Magnitude Earthquake Hit California South of San Francisco
- 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
International & Reinsurance News
- Taiwan Warns of Storm Surge From Powerful Typhoon Krathon, Mobilizes Troops
- Zombie Tanker Turns Up at Northern Chinese Port Laden With Oil
- Climate Change, Extreme Weather Bring Challenges to Chablis Wine Country in France
- Acquisition of UK’s Specialist Risk Group Completed by Warburg Pincus and Temasek
- Powerful Typhoon Krathon Forecast to Hit Taiwan’s Populated West Coast
- Cloudflare Denies Hosting Sites Linked to Data Leak at India’s Star Health
- EU Privacy Regulator Fines Meta €91M Over Password Storage in GDPR Violation
- Tata iPhone Component Plant in India Halts Production Indefinitely After Fire
- Real Estate MGA Ventis Launches in Ireland
Insurance Journal Blogs and Columns
- Leveraging Automation in BPO to Drive Insurance Efficiency and Innovation
- 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
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 |
|---|---|---|---|
| Kingstone Companies, Inc. | KINS | $9.15 | +3.39% |
| ProAssurance Corporation | PRA | $15.04 | +3.16% |
| Kingsway Financial Services Inc. | KFS | $8.28 | +2.22% |
| Selective Insurance Group, Inc. | SIGI | $93.30 | +1.74% |
| Global Indemnity Group, LLC | GBLI | $33.23 | +1.47% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Heritage Insurance Holdings, Inc. | HRTG | $12.24 | -21.08% |
| Lemonade, Inc. | LMND | $16.49 | -2.71% |
| Hagerty, Inc. | HGTY | $10.17 | -2.40% |
| Hippo Holdings Inc. | HIPO | $16.88 | -1.69% |
| Trupanion, Inc. | TRUP | $41.98 | -1.69% |
