Bayer’s $1.5B Roundup Verdict Slashed to $600 Million
A judge to cut almost $1 billion from one of the largest jury verdicts in recent years.
Europe Stands Firm Against US-Driven ESG Backlash
Demand is steady in Europe for environmental and socially responsible investments.
- Cargo Owners in Baltimore Disaster Face ‘General Average’ Loss Sharing, MSC Says
- Harvard Study Again Stirs the Pot on Demotech Ratings of Florida Carriers
- JPMorgan Client Who Lost $50 Million Fortune Faces Court Setback
- USAA to Lay Off 220 Employees
- EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
- A Turnaround Story: Boost People, Then Financial Results, Aspen CEO Says
- Barges Break Loose on Ohio River in Pittsburgh, Damaging Marina, Striking Bridge
- Maine Sues Monsanto Over Contamination From PCB-Tainted Products
- Manhattan Tourist Site The Vessel, Closed in 2021 After Suicides, Will Reopen This Year
- Pilot in 2022 Fatal Crash Fell Out of Plane, Say Investigators
- Baltimore Hires Law Firms to Pursue Claims Against ‘All Entities’ in Key Bridge Tragedy
- Fourth Construction Worker Recovered From Site of Baltimore Bridge Tragedy
- Co-Conspirator Sentenced for Damage, Unauthorized Access to Health System
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- Biden OK’s Major Disaster Declaration for California
- 5 California Poultry Processors May Owen $3.8M in Back Wages
- California Department of Cannabis Control Recalling Mike Tyson Cannabis Product
- World Insurance Associates Acquires InterWeb Insurance in Arizona
- Washingon Commissioner Issued $255K in Fines in March
- Supplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says
- Harvard Study Again Stirs the Pot on Demotech Ratings of Florida Carriers
- Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US
- Georgia Bill Requiring Boat Livery Insurance Waiting on Governor’s Signature
- SC High Court Strikes ‘Troubling’ Denial of Comp Claim, Says Can’t Be Based on Stats
- SC’s Top Officer: No Details on 2012 Hack That Forced $12M in Cyber Insurance
- Rapper Drake Has Lawsuits Dismissed Over Deadly Astroworld Concert
- Texas Among States Facing New Fire Risks: Weather Watch
- 1 Dead and 13 Injured in Semitrailer Crash at a Texas Public Safety Office
- USAA to Lay Off 220 Employees
- Storms Bring Floods and Damaging Wind Across the South
- Oklahoma Sues Natural Gas Companies Over Price Spikes During Winter Storm Uri
- Iowa Supreme Court Reverses $790K Jury Award in Sexual Harassment Case
- Kansas Governor Signs Law to Increase Benefits to Injured Workers
- People Moves: RT Specialty Promotes Murrey to President of Commercial Lines Binding Authority
- Lawyers Want Ohio Residents to Wait for Details of $600M Derailment Settlement
- Green Shield Risk, Striior Announce Wildfire Analytics and Underwriting Collaboration
- St. Louis Contractor Faces $276K in Fines Over Deadly Fall Hazards
National News
- Supreme Court Rules Corporate Silence on Impactful Trends Not Securities Fraud
- Zuckerberg Avoids Personal Liability in Meta Addiction Suits
- UnitedHealth Expects Up to $1.6 Billion Hit from Change Healthcare Hack
- NFL Has 8 New Impact Mitigating Helmets for Quarterbacks and Linemen
- FBI Opens Criminal Probe Into Deadly Baltimore Bridge Collapse
- Cargo Owners in Baltimore Disaster Face ‘General Average’ Loss Sharing, MSC Says
- Markets/Coverages: Parametric Insurer FloodFlash Adds Business Interruption
East News
- Barges Break Loose on Ohio River in Pittsburgh, Damaging Marina, Striking Bridge
- Maine Sues Monsanto Over Contamination From PCB-Tainted Products
- Manhattan Tourist Site The Vessel, Closed in 2021 After Suicides, Will Reopen This Year
- Pilot in 2022 Fatal Crash Fell Out of Plane, Say Investigators
- Baltimore Hires Law Firms to Pursue Claims Against ‘All Entities’ in Key Bridge Tragedy
- Fourth Construction Worker Recovered From Site of Baltimore Bridge Tragedy
- Co-Conspirator Sentenced for Damage, Unauthorized Access to Health System
Midwest News
- Iowa Supreme Court Reverses $790K Jury Award in Sexual Harassment Case
- Kansas Governor Signs Law to Increase Benefits to Injured Workers
- People Moves: RT Specialty Promotes Murrey to President of Commercial Lines Binding Authority
- Lawyers Want Ohio Residents to Wait for Details of $600M Derailment Settlement
- Green Shield Risk, Striior Announce Wildfire Analytics and Underwriting Collaboration
- St. Louis Contractor Faces $276K in Fines Over Deadly Fall Hazards
Insurers Norfolk & Dedham and Union Mutual to Affiliate
The Northeast insurers with a combined 350 years in business said they intend to affiliate.
Texas / South Central News
- Rapper Drake Has Lawsuits Dismissed Over Deadly Astroworld Concert
- Texas Among States Facing New Fire Risks: Weather Watch
- 1 Dead and 13 Injured in Semitrailer Crash at a Texas Public Safety Office
- USAA to Lay Off 220 Employees
- Storms Bring Floods and Damaging Wind Across the South
- Oklahoma Sues Natural Gas Companies Over Price Spikes During Winter Storm Uri
Southeast News
- Supplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says
- Harvard Study Again Stirs the Pot on Demotech Ratings of Florida Carriers
- Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US
- Georgia Bill Requiring Boat Livery Insurance Waiting on Governor’s Signature
- SC High Court Strikes ‘Troubling’ Denial of Comp Claim, Says Can’t Be Based on Stats
- SC’s Top Officer: No Details on 2012 Hack That Forced $12M in Cyber Insurance
Drought, Heat Risk Repeat of Canada’s Record-Breaking Wildfires
Canada's wildfire season could be more explosive than last year.
West News
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- Biden OK’s Major Disaster Declaration for California
- 5 California Poultry Processors May Owen $3.8M in Back Wages
- California Department of Cannabis Control Recalling Mike Tyson Cannabis Product
- World Insurance Associates Acquires InterWeb Insurance in Arizona
- Washingon Commissioner Issued $255K in Fines in March
International & Reinsurance News
- ‘Zombie Fires’ Smoldering Near Oil and Gas Wells Threaten Canada’s Drillers
- A Turnaround Story: Boost People, Then Financial Results, Aspen CEO Says
- Australia’s Weather Bureau Says El Niño Has Ended, Unsure About La Niña Formation
- EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
- Dutch Chipmaker Nexperia Hacked by Cyber Criminals
- Inflation Continues to Increase Insured Property Exposures Globally: PERILS
- Beat Capital Partners to Launch Credit Insurance Business, Naming Pike as CEO
- UK’s Jensten to Invest Up to £1M to Help Individuals Launch Their Own Brokerages
- People Moves: Aon’s Re Solutions Promotes Sapra as CEO, India; BHSI Names du Ché as France Country Mgr; AXIS Canada Launches EIL Unit, Led by Liberty Mutual’s Nagata
Insurance Journal Blogs and Columns
- Mission Possible: Top 3 Carrier Innovations in P&C to Restabilize Homeowners Insurance
- A New Way For Insurers to Accurately Assess Non-Weather Fire Risk
- The Importance of a Feasibility Study
- Revolutionizing Customer Experience: How Insurance Agencies Leverage Technology for Streamlined Services
- Real Estate Developers’ Wrap-Up Challenges & Benefits
- Enhancing Efficiency and Growth: The Role of Outsourcing in Insurance
Sponsored Newswire
- Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit
- Unlocking Savings and Protection with One80’s Parking Garage Program
Quote of Note
"We believe that COVID has resulted in a flight to quality and we are benefiting from this market dynamic."
More QuotesPeter Zaffino, AIG president and chief operating officer
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Root, Inc. | ROOT | $66.78 | +1.64% |
| Safety Insurance Group, Inc. | SAFT | $78.10 | +0.90% |
| The Progressive Corporation | PGR | $203.90 | +0.81% |
| The Allstate Corporation | ALL | $166.81 | +0.72% |
| AMERISAFE, Inc. | AMSF | $47.76 | +0.51% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Heritage Insurance Holdings, Inc. | HRTG | $9.43 | -5.79% |
| Trupanion, Inc. | TRUP | $23.38 | -4.96% |
| ProAssurance Corporation | PRA | $13.26 | -4.88% |
| Hippo Holdings Inc. | HIPO | $22.49 | -2.85% |
| Kingsway Financial Services Inc. | KFS | $8.24 | -2.83% |
