Rising Prices, Low Satisfaction Drive Customers to Shop
Record numbers of auto insurance customers are in the market for a new policy.
Berkshire's Insurance Biz Drives Q1 Results
GEICO's underwriting profit soared 174% to $1.9 billion in first-quarter 2024.
- Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes
- Ardonagh to Acquire Australia’s PSC Insurance Group for A$2.3 Billion
- Brazilian Floods Are Inflicting Billions in Economic Devastation
- Range Rover Buyers Offered Insurance Cash After String of Thefts
- The World’s Biggest Carbon Removal Plant Comes Online in Iceland
- Reserve Strengthening for Casualty Lines Not Over: Moody’s
- Construction Site Fatalities Down, Injuries Up in New York City
- Judge Dismisses Suit by Mother Who Claimed School Hid Teen’s Gender Expression
- Vendor That Mishandled Pennsylvania Virus Data to Pay $2.7M in Whistleblower Case
- Slain Visiting Nurse’s Husband Sues Employer, Alleging It Ignored Safety Concerns
- New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups
- Company to Pay $650K Over Child Labor Violations at Meat Processing Facilities
- Report: California Workers’ Comp Written Premium Increased 2% in 2023
- COVID-19 Can Be Occupational Disease, Colorado Court Says in Worker Death Case
- Nevada Launches Home Insurance Tool to ID Carriers by ZIP
- People Moves: Roberts Joins LP Insurance in California; AMERIND Names Sattler CFO
- Safety Lapses Contributed to Patient Assaults at Oregon State Hospital: Federal Report
- Maui Sues Cell Carriers Over Failure of Wildfire Warning Alerts During Outage
- Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance
- McMaster Requests Federal Help After Wind, Hail Storm That Damaged SC Homes
- Georgia AG Says Savannah Overstepped on Ordinance Banning Guns in Unlocked Cars
- Georgia Regulations Would Cut Agents’ Licensing Course Load from 20 Hours to 8
- Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes
- Georgia Governor Signs Bill Regulating Kratom, a Supplement Blamed for Deaths
- Texas Energy Company to Pay $260K to Settle Racial Harassment Lawsuit
- Oklahoma Judge Blocks State’s Anti-ESG Law
- Houston Floodwaters Starts to Recede; 800 Structures Damaged
- Louisiana Governor Signs Package of Property Insurance Reform Bills
- Clergy Sexual Abuse Probe Targets New Orleans Catholic Church Leaders
- People Moves: IMA Financial Group Names Mizell Director of Energy & Marine Practice
- Lawsuit Alleges Decades of Child Sexual Abuse at Illinois Juvenile Detention Centers
- Company to Pay $650K Over Child Labor Violations at Meat Processing Facilities
- Hub Acquires Michigan’s True North Group
- People Moves: RT Specialty’s Environmental & Construction Professional Practice Promotes Six
- Michigan Supreme Court Rules Against Couple in Drone Surveillance Case
- Rising Spring Rains Pose Challenges for Midwest Farmers
National News
- Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance
- Reserve Strengthening for Casualty Lines Not Over: Moody’s
- US Financial Regulators Restart Work on Long-Delayed Dodd-Frank Compensation Rules
- Jury Awards $9M to Player Who Sued US Tennis Association Over Sexual Abuse by Coach
- Markets/Coverages: FM Global Names Leadership for New Renewable Energy Unit
- Viewpoint: The 10 Major Risks Shaping Insurance Today
- Worsening Weather Igniting $25 Billion Weather Derivatives Market
- Pfizer Agrees to Settle More Than 10,000 Zantac Cancer Lawsuits
- In Tesla Autopilot Probe, US Prosecutors Focus on Securities, Wire Fraud
East News
- Construction Site Fatalities Down, Injuries Up in New York City
- Judge Dismisses Suit by Mother Who Claimed School Hid Teen’s Gender Expression
- Vendor That Mishandled Pennsylvania Virus Data to Pay $2.7M in Whistleblower Case
- Slain Visiting Nurse’s Husband Sues Employer, Alleging It Ignored Safety Concerns
- New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups
- Company to Pay $650K Over Child Labor Violations at Meat Processing Facilities
Midwest News
- Lawsuit Alleges Decades of Child Sexual Abuse at Illinois Juvenile Detention Centers
- Company to Pay $650K Over Child Labor Violations at Meat Processing Facilities
- Hub Acquires Michigan’s True North Group
- People Moves: RT Specialty’s Environmental & Construction Professional Practice Promotes Six
- Michigan Supreme Court Rules Against Couple in Drone Surveillance Case
- Rising Spring Rains Pose Challenges for Midwest Farmers
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
- Texas Energy Company to Pay $260K to Settle Racial Harassment Lawsuit
- Oklahoma Judge Blocks State’s Anti-ESG Law
- Houston Floodwaters Starts to Recede; 800 Structures Damaged
- Louisiana Governor Signs Package of Property Insurance Reform Bills
- Clergy Sexual Abuse Probe Targets New Orleans Catholic Church Leaders
- People Moves: IMA Financial Group Names Mizell Director of Energy & Marine Practice
Southeast News
- Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance
- McMaster Requests Federal Help After Wind, Hail Storm That Damaged SC Homes
- Georgia AG Says Savannah Overstepped on Ordinance Banning Guns in Unlocked Cars
- Georgia Regulations Would Cut Agents’ Licensing Course Load from 20 Hours to 8
- Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes
- Georgia Governor Signs Bill Regulating Kratom, a Supplement Blamed for Deaths
Court Says Insurers Can Pay Less in Fla. PIP Cases
Florida's high court gave given auto insurers more flexibility under the no-fault auto insurance law.
West News
- Report: California Workers’ Comp Written Premium Increased 2% in 2023
- COVID-19 Can Be Occupational Disease, Colorado Court Says in Worker Death Case
- Nevada Launches Home Insurance Tool to ID Carriers by ZIP
- People Moves: Roberts Joins LP Insurance in California; AMERIND Names Sattler CFO
- Safety Lapses Contributed to Patient Assaults at Oregon State Hospital: Federal Report
- Maui Sues Cell Carriers Over Failure of Wildfire Warning Alerts During Outage
International & Reinsurance News
- EU Commission Eyeing Exemptions for ‘Forever Chemicals’ Ban, Letter Shows
- Range Rover Buyers Offered Insurance Cash After String of Thefts
- Brazilian Floods Are Inflicting Billions in Economic Devastation
- The World’s Biggest Carbon Removal Plant Comes Online in Iceland
- Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd.
- Worsening Weather Igniting $25 Billion Weather Derivatives Market
- Ardonagh to Acquire Australia’s PSC Insurance Group for A$2.3 Billion
- International General Insurance Holdings Begins Trading at Lloyd’s on May 9
- Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers
Insurance Journal Blogs and Columns
- All 50 States in Just 2 Minutes: How Service Insurance Companies Went National in No Time
- Revolutionizing Insurance Distribution: Efficiency and Innovation through API Integration and Data Utilization
- 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
Sponsored Newswire
- IICF’s Blazing the Trail Gala Raises $560,000 for Midwest Nonprofit Partners
- Three PFCs Partner with ePayPolicy on Newest Financing Feature
Quote of Note
"The legal battle over who will ultimately share in paying for losses associated with the pandemic is far from over."
More QuotesA.M. Best in Commercial Lines Outlook 2021
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| First Acceptance Corporation | FACO | $3.35 | +8.77% |
| Heritage Insurance Holdings, Inc. | HRTG | $8.31 | +3.36% |
| HCI Group, Inc. | HCI | $115.26 | +3.31% |
| Mercury General Corporation | MCY | $56.86 | +2.36% |
| Kingstone Companies, Inc. | KINS | $4.09 | +2.00% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Trupanion, Inc. | TRUP | $23.06 | -9.75% |
| Lemonade, Inc. | LMND | $16.70 | -4.46% |
| Goosehead Insurance, Inc | GSHD | $59.00 | -3.29% |
| ProAssurance Corporation | PRA | $14.72 | -2.90% |
| Kingsway Financial Services Inc. | KFS | $8.93 | -2.62% |
