US Commercial Rates Up 3% on Hikes in Casualty
Marsh’s Global Insurance Market Index said composite casualty rates increased 10%.
Allstate Sues Hyundai, Kia Over Claims From Defective Cars
The subrogation suit aims to get back costs paid for damages from car fires.
- My Safe Florida Condo Program Runs Out of Funding in One Week
- Trucking Firm Owner Sentenced Over Crash That Killed 7 Bikers
- New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches
- Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans
- Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally
- Class Action Lawsuit on AI-Related Discrimination Reaches Final Settlement
- Best Agency to Work For – East Gold Winner: Mackoul Risk Solutions
- Justice Department Finds Pattern of Misconduct by Trenton Police
- Safety Board Cites Oversight, Safety Failures in Bus-Truck Crash That Killed 6, Injured 9
- New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches
- Suit Claiming Racial, Income Bias in Rental Algorithm Settled for $2.2 Million
- Trucking Firm Owner Sentenced Over Crash That Killed 7 Bikers
- Afore Adds New Jersey’s BCA Insurance as Mid-Atlantic Partner
- Listeria Outbreak Tied to Yu Shang Food Leaves California Infant Dead and 10 People Sick
- Swedlow Stepping Down as President of California Workers’ Comp Institute
- California Pledges EV Buyer Rebate If Trump Kills $7,500 Credit
- People Moves: Hendrickson Appointed Head of Reinsurance for Delos
- Washington Woman Wanted After Failing to Appear in Court for Insurance Fraud Charges
- Safer Buildings Vs More Housing: How New Building Codes May Impact Hawaii
- InsureTrust Names Davis EVP, Based in Nashville
- Best Agency to Work For – Southeast Gold Winner: Prestige
- Despite Storms, Moody’s Upgrades Florida Tax Bonds for Cat Fund, Citizens, FIGA
- My Safe Florida Condo Program Runs Out of Funding in One Week
- Higginbotham Fitts in Another Alabama Agency
- Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials
- Best Agency to Work For – South Central Gold Winner: CoVerica Insurance
- Texas Reaches $12.6M Settlement Related to 2019 Port Neches Chemical Explosion
- Texas Jury Awards $2M in Sex Discrimination Lawsuit Against SkyWest Airlines
- Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion
- Ken Paxton Adds Dallas to List of Cities He’s Sued Over Marijuana Decriminalization
- CSB: 27,000 Pounds of Toxic Gas Released in Texas Hydrogen Sulfide Release
- Best Agency to Work For – Midwest Gold Winner: Robertson Ryan Insurance
- Missouri Insurance Department Cautions Drives to Look Out for Deer
- Ohio Outpatient Facility to Pay $16K Settlement After Patient Stabbed Nurse
- North Dakota Commissioner Godfread to Serve as NAIC President
- World Insurance Acquires North Dakota’s F1 Insurance
- People Moves: Omaha National Appoints Klucarich as Chief Actuary
National News
- Best Agency to Work For – Overall Winner: Higginbotham
- Viewpoint: As Insurance Losses Outpace Premiums, State Regulators Play a Critical Role
- FTC, Meta Face April Trial Over Suit to Break Up Company
- AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’
- Class Action Lawsuit on AI-Related Discrimination Reaches Final Settlement
- Nissan Persuades Appeals Court to Decertify Brake Defect Class Actions
- Chinese Hackers Preparing for Conflict, Says US Cyber Official
East News
- Best Agency to Work For – East Gold Winner: Mackoul Risk Solutions
- Justice Department Finds Pattern of Misconduct by Trenton Police
- Safety Board Cites Oversight, Safety Failures in Bus-Truck Crash That Killed 6, Injured 9
- New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches
- Suit Claiming Racial, Income Bias in Rental Algorithm Settled for $2.2 Million
- Trucking Firm Owner Sentenced Over Crash That Killed 7 Bikers
- Afore Adds New Jersey’s BCA Insurance as Mid-Atlantic Partner
Midwest News
- Best Agency to Work For – Midwest Gold Winner: Robertson Ryan Insurance
- Missouri Insurance Department Cautions Drives to Look Out for Deer
- Ohio Outpatient Facility to Pay $16K Settlement After Patient Stabbed Nurse
- North Dakota Commissioner Godfread to Serve as NAIC President
- World Insurance Acquires North Dakota’s F1 Insurance
- People Moves: Omaha National Appoints Klucarich as Chief Actuary
‘Board Certified’ Coming Soon to Florida Insurance Lawyers?
Florida plaintiffs lawyers could have a new stamp of credibility to advertise.
Texas / South Central News
- Best Agency to Work For – South Central Gold Winner: CoVerica Insurance
- Texas Reaches $12.6M Settlement Related to 2019 Port Neches Chemical Explosion
- Texas Jury Awards $2M in Sex Discrimination Lawsuit Against SkyWest Airlines
- Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion
- Ken Paxton Adds Dallas to List of Cities He’s Sued Over Marijuana Decriminalization
- CSB: 27,000 Pounds of Toxic Gas Released in Texas Hydrogen Sulfide Release
Southeast News
- InsureTrust Names Davis EVP, Based in Nashville
- Best Agency to Work For – Southeast Gold Winner: Prestige
- Despite Storms, Moody’s Upgrades Florida Tax Bonds for Cat Fund, Citizens, FIGA
- My Safe Florida Condo Program Runs Out of Funding in One Week
- Higginbotham Fitts in Another Alabama Agency
- Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials
Global Insurance Rates ‘Plateauing;’ Nat Cat Losses Delay Softening
Global non-life premiums are expected to hit a growth level of 4.3% in 2024.
West News
- Listeria Outbreak Tied to Yu Shang Food Leaves California Infant Dead and 10 People Sick
- Best Agency to Work For – West Gold Winner: Morris & Garritano
- Swedlow Stepping Down as President of California Workers’ Comp Institute
- California Pledges EV Buyer Rebate If Trump Kills $7,500 Credit
- People Moves: Hendrickson Appointed Head of Reinsurance for Delos
- Washington Woman Wanted After Failing to Appear in Court for Insurance Fraud Charges
International & Reinsurance News
- UK Expands Sanctions Against Russian Oil Fleet and Its Insurers
- Secret Russian Oil Switching Gets New Greek Hotspot After Drills
- Generali and Natixis in Early Talks for Asset Management Tie-Up, Source Says
- Storm Bert Brings Flooding and Disruption to UK and France
- Contentious COP29 Deal Shows Climate Cooperation Fraying at Edges
- UK Employers Warn Tax Rise Will Hit Investment and Pay
Insurance Journal Blogs and Columns
- 4 Things You Should Know about E&O Insurance for Insurance Agents
- Key Benefits of Underwriter Link: Seamless Integration with Legacy Systems and Enhanced Client Satisfaction for Wholesalers, MGAs, and Brokers
- Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip
- Upgrade Your Contractor Clients’ FastBond to a Standard Bond Program
- The Power of BPO for Carriers, MGAs, and Wholesalers: A Comprehensive Solution with Selectsys BPO
- Renaissance vs. ASNOA Insurance – Which Agency Network is Right for You?
Sponsored Newswire
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Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Lemonade, Inc. | LMND | $40.14 | +16.99% |
| Root, Inc. | ROOT | $101.07 | +5.84% |
| Trupanion, Inc. | TRUP | $52.96 | +4.44% |
| Kingstone Companies, Inc. | KINS | $13.29 | +3.46% |
| Hippo Holdings Inc. | HIPO | $29.10 | +1.96% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| ProAssurance Corporation | PRA | $16.24 | -2.58% |
| Markel Group Inc. | MKL | $1,670.33 | -2.11% |
| The Allstate Corporation | ALL | $196.60 | -1.69% |
| American International Group, Inc. | AIG | $75.30 | -1.32% |
| Marsh & McLennan Companies, Inc. | MMC | $220.73 | -1.31% |
