NY, Trump Attorneys Agree to Changes in $175M Bond
The sides agreed to changes in the terms of the surety bond secured with Knight Specialty.
Lawsuit Opposes Limiting Ship’s Liability in Baltimore
A small business filed a class action against the owner and operator of cargo ship Dali.
- Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court
- Class Action Settlements Flooded With Fraudulent Claims by Scammers
- Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse
- Rising Prices, Low Satisfaction Drive 49% of Customers to Shop For New Auto Insurance
- Biden Vetoes Bid to Repeal US Labor Board Rule on Contract, Franchise Workers
- Southern Brazil Hit by Worst Floods in Over 80 Years, Killing at Least 39 People
- Status of Uber, Lyft Gig Workers Riding On Massachusetts Court Fight
- New York Restricts Sale of Weight-Loss and Muscle-Building Supplements to Minors
- Maryland Hospitality Firm Settles Employee Pregnancy Discrimination, Firing Suit
- Pennsylvania High Court to Decide If Workers’ Compensation Covers CBD Oil
- Probe Into Death of Nurse on Home Visit Alleges Employer Failed to Protect Workers
- Crews Expect to Refloat, Remove Ship That Crashed Baltimore Bridge Soon
- Hub Acquires Williams Insurance Services in California
- Inszone Insurance Acquires Tri-Cities Insurance Professionals in Washington
- Appeals Court Rejects Climate Change Suit by Young Oregon Activists
- Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California
- New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again
- California Business Owner Ordered to Pay $687K in Restitution for Workers’ Comp Fraud
- Florida Saw Jump in Workers’ Comp Cost per Claim in 2022-23, WCRI Report Shows
- NC News Chopper Crash Likely Caused by Shaky Inspections, Loose Parts, NTSB Finds
- Miami Retirement Fund Class Action Alleges Globe Life Officers Concealed Fraud
- Florida’s Heritage Insurance Sees More Profits in Q1 This Year
- Death of 4 Officers in Charlotte Shows Risks Police Face When Serving Warrants
- Southeast Seas Rising Faster Than Other Regions, ‘Turbocharging’ Floods, Report Finds
- Miami Retirement Fund Class Action Alleges Globe Life Officers Concealed Fraud
- Abuse Probe Into New Orleans Catholic Clergy Expands
- Southeast Seas Rising Faster Than Other Regions, ‘Turbocharging’ Floods, Report Finds
- ‘Car Wreck Clyde’ Attorney in Texas Charged with Skimming $2.4M from Settlements
- Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire
- PCF Insurance Acquires Georgia, Texas Brokerages
- Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court
- Kansas City Women’s Soccer Plans $800 Million Stadium District
- 1 Person Killed, Homes Destroyed After Tornado Rips NE Kansas
- Missouri Supreme Court Strikes Down 2022 Vote on KC Police Funding
- BNSF Becomes 2nd RR to Sign on to Anonymous Federal Safety Hotline for Workers
- Tornadoes Damaged 7,200 Residential Properties, Left $2B in Reconstruction Costs
National News
- Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech
- Berkshire’s Jain on Cyber: ‘The Mindset Should Be You’re Not Making Money’
- Biden Vetoes Bid to Repeal US Labor Board Rule on Contract, Franchise Workers
- GSK, Boehringer Put Profits Over User Safety, Zantac Jury Told
- Appeals Court Rejects Climate Change Suit by Young Oregon Activists
- Class Action Settlements Flooded With Fraudulent Claims by Scammers
East News
- Status of Uber, Lyft Gig Workers Riding On Massachusetts Court Fight
- New York Restricts Sale of Weight-Loss and Muscle-Building Supplements to Minors
- Maryland Hospitality Firm Settles Employee Pregnancy Discrimination, Firing Suit
- Pennsylvania High Court to Decide If Workers’ Compensation Covers CBD Oil
- Probe Into Death of Nurse on Home Visit Alleges Employer Failed to Protect Workers
- Crews Expect to Refloat, Remove Ship That Crashed Baltimore Bridge Soon
Midwest News
- Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court
- Kansas City Women’s Soccer Plans $800 Million Stadium District
- 1 Person Killed, Homes Destroyed After Tornado Rips NE Kansas
- Missouri Supreme Court Strikes Down 2022 Vote on KC Police Funding
- BNSF Becomes 2nd RR to Sign on to Anonymous Federal Safety Hotline for Workers
- Tornadoes Damaged 7,200 Residential Properties, Left $2B in Reconstruction Costs
Chubb to Pay $350M Tied to Baltimore Bridge Collapse
The payment is expected to be authorized within weeks, said broker WTW.
Texas / South Central News
- Miami Retirement Fund Class Action Alleges Globe Life Officers Concealed Fraud
- Abuse Probe Into New Orleans Catholic Clergy Expands
- Southeast Seas Rising Faster Than Other Regions, ‘Turbocharging’ Floods, Report Finds
- ‘Car Wreck Clyde’ Attorney in Texas Charged with Skimming $2.4M from Settlements
- Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire
- PCF Insurance Acquires Georgia, Texas Brokerages
Southeast News
- Florida Saw Jump in Workers’ Comp Cost per Claim in 2022-23, WCRI Report Shows
- NC News Chopper Crash Likely Caused by Shaky Inspections, Loose Parts, NTSB Finds
- Miami Retirement Fund Class Action Alleges Globe Life Officers Concealed Fraud
- Florida’s Heritage Insurance Sees More Profits in Q1 This Year
- Death of 4 Officers in Charlotte Shows Risks Police Face When Serving Warrants
- Southeast Seas Rising Faster Than Other Regions, ‘Turbocharging’ Floods, Report Finds
3 Former Zurich NA Employees Awarded $80M for Wrongful Termination
The claims examiners were fired in 2017 over the use of “off the record” paid time off.
West News
- Hub Acquires Williams Insurance Services in California
- Inszone Insurance Acquires Tri-Cities Insurance Professionals in Washington
- Appeals Court Rejects Climate Change Suit by Young Oregon Activists
- Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California
- New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again
- California Business Owner Ordered to Pay $687K in Restitution for Workers’ Comp Fraud
International & Reinsurance News
- Red Sea Disruption to Container Shipping Could Cut Asia-Europe Capacity by 20%: Maersk
- Brazil Rejects Vale, BHP Settlement Offer for Deadly 2015 Mining Disaster
- Southern Brazil Hit by Worst Floods in Over 80 Years, Killing at Least 39 People
- Arthur J. Gallagher & Co. Buys Health Insurance Consultants Australia
- People Moves: AXA XL Promotes O’Malley as Chief Client & Distribution Officer, Americas; GC&C Taps Puerta From QBE as Head of Mediterranean & Latin America
- Yemen’s Houthis Threaten Ships in Mediterranean Sea That Are Sailing to Israeli Ports
Insurance Journal Blogs and Columns
- Navigating Today’s Challenging Insurance Market: Leveraging Technology for Agencies
- 5 Ways to Prevent Water Damage in Buildings Under Construction
- The 6 Stages of Compliance Grief: How Top Insurance Carriers Are Revolutionizing Compliance Management with AgentSync
- FMCSA Final Rule: Broker and Freight Forwarder Financial Responsibility
- The Role of Artificial Intelligence Across the Property Insurance Ecosphere
- One Novel Approach to Solving the Talent Crisis
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 |
|---|---|---|---|
| Ryan Specialty Holdings, Inc. | RYAN | $52.42 | +6.24% |
| Goosehead Insurance, Inc | GSHD | $59.56 | +4.66% |
| Kinsale Capital Group, Inc. | KNSL | $378.61 | +4.23% |
| Mercury General Corporation | MCY | $54.29 | +3.88% |
| Trupanion, Inc. | TRUP | $23.32 | +3.64% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kingstone Companies, Inc. | KINS | $4.30 | -4.44% |
| Hagerty, Inc. | HGTY | $8.89 | -0.67% |
| Doma Holdings Inc. | DOMA | $6.03 | -0.33% |
| Erie Indemnity Company | ERIE | $382.74 | +0.02% |
| NI Holdings, Inc. | NODK | $14.88 | +0.07% |
