US Cyber Insurers Saw Strong Profits, Premium Slowdown
Fitch said U.S. cyber insurers generated strong underwriting profits in 2023.
Trump’s Bond Insurer Says Shortfall Is ‘Inconceivable’
Knight Specialty Insurance can handle the appeal bond, backed by $175.3 million cash.
- Trump’s Bond Insurer Tells Judge Shortfall Is ‘Inconceivable’
- Travelers CEO on Q1 Results: ‘We’re Firing On All Cylinders’ With Net Income Up 16%
- Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract
- 3 Construction Workers Killed Doing Overnight Sealing on I-83, Police Say
- Wildfires Are Upending Some of the Safest Bets on Wall Street
- Supreme Court Makes It Easier to Sue for Job Discrimination
- Ohio River Near Pittsburgh Reopens to Maritime Traffic After Sunken Barge Found
- 3 Construction Workers Killed Doing Overnight Sealing on I-83, Police Say
- People Moves: Maryland Insurance Commissioner Birrane to Leave Post in June
- Brooklyn Diocese Settles with New York AG for Mishandling Clergy Sex Abuse Cases
- Ship That Caused Baltimore Bridge Collapse Had Apparent Electrical Problems at Dock
- Maryland Launches Programs to Help Port of Baltimore Businesses and Workers
- California Sees Two More Property Insurers Withdraw From Market
- Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
- Bayer Pushes Legislation in Multiple States for Legal Shield Against Lawsuits
- Montana Asbestos Victims Want Buffett’s Railroad Company Held Responsible
- Workers’ Comp Rating Bureau of California Governing Committee Oks Higher Pure Premium Rate Filing
- ‘Forever Chemicals’ Found in Water Sources Around New Mexico, Studies Find
- North Carolina Adjuster and Son Charged With Embezzlement in Roof Jobs
- NC Governor’s Pandemic Rules for Bar Closures Were ‘Illogical’ Court Says
- Attorney Wants Footage of Fatal Chase in Mississippi But Town Says None Exists
- Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
- Zurich, Philadelphia, Others Ordered to Pay $345M to Cover Abuse Charges at Ga. School
- Cerebral Inc. to Pay $7M for Data Exposure, Non-Cancels on Counseling Subscriptions
- Arthur J. Gallagher & Co. Acquires Louisiana’s Fontenelle & Goodreau
- Texas DWC Adopts Amendments to Accident Prevention Services
- Texas Home Manufacturers to Pay $135K to Settle Race Discrimination Suit
- Kanguro Adds Renters Insurance in Texas
- Several Texas Water Systems Exceed Federal Limits on ‘Forever Chemicals’
- Higginbotham Acquires Louisiana’s Eagan Insurance
- Bayer Pushes Legislation in Multiple States for Legal Shield Against Lawsuits
- Wisconsin Republicans Ignore Governor’s Call to Spend $125M to Combat PFAS
- Accuweather: Record Warm Winter Costs Businesses Billions in Losses
- Undercover St. Louis Officer Beaten by Colleagues Awarded $23.5M
- Iowa Woman Charged With Insurance Fraud
- People Moves: Hooda Appointed to Alera Board of Directors; Powers Hires Blankenship
National News
- Wildfires Are Upending Some of the Safest Bets on Wall Street
- Marsh McLennan Reports Better Than Expected First Quarter Profit
- Supreme Court Makes It Easier to Sue for Job Discrimination
- Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract
- Coal Miners Getting New Protections Against Black Lung Disease
- United Airlines Says Boeing to Compensate for Damages Caused by MAX 9 Grounding
- People Moves: McGill Expands Global Property Team; Lawrence Joins Alliant; Berkshire Specialty Promotes Bowman
East News
- Ohio River Near Pittsburgh Reopens to Maritime Traffic After Sunken Barge Found
- 3 Construction Workers Killed Doing Overnight Sealing on I-83, Police Say
- People Moves: Maryland Insurance Commissioner Birrane to Leave Post in June
- Brooklyn Diocese Settles with New York AG for Mishandling Clergy Sex Abuse Cases
- Ship That Caused Baltimore Bridge Collapse Had Apparent Electrical Problems at Dock
- Maryland Launches Programs to Help Port of Baltimore Businesses and Workers
Midwest News
- Bayer Pushes Legislation in Multiple States for Legal Shield Against Lawsuits
- Wisconsin Republicans Ignore Governor’s Call to Spend $125M to Combat PFAS
- Accuweather: Record Warm Winter Costs Businesses Billions in Losses
- Undercover St. Louis Officer Beaten by Colleagues Awarded $23.5M
- Iowa Woman Charged With Insurance Fraud
- People Moves: Hooda Appointed to Alera Board of Directors; Powers Hires Blankenship
Cargo Owners in Baltimore Face ‘General Average’ Sharing
Owners of goods on the ship that destroyed Baltimore’s bridge will have to share some of the losses.
Texas / South Central News
- Arthur J. Gallagher & Co. Acquires Louisiana’s Fontenelle & Goodreau
- Texas DWC Adopts Amendments to Accident Prevention Services
- Texas Home Manufacturers to Pay $135K to Settle Race Discrimination Suit
- Kanguro Adds Renters Insurance in Texas
- Several Texas Water Systems Exceed Federal Limits on ‘Forever Chemicals’
- Higginbotham Acquires Louisiana’s Eagan Insurance
Southeast News
- North Carolina Adjuster and Son Charged With Embezzlement in Roof Jobs
- NC Governor’s Pandemic Rules for Bar Closures Were ‘Illogical’ Court Says
- Attorney Wants Footage of Fatal Chase in Mississippi But Town Says None Exists
- Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
- Zurich, Philadelphia, Others Ordered to Pay $345M to Cover Abuse Charges at Ga. School
- Cerebral Inc. to Pay $7M for Data Exposure, Non-Cancels on Counseling Subscriptions
Drought, Heat Risk Repeat of Canada’s Record-Breaking Wildfires
Canada's wildfire season could be more explosive than last year.
West News
- California Sees Two More Property Insurers Withdraw From Market
- Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
- Bayer Pushes Legislation in Multiple States for Legal Shield Against Lawsuits
- Montana Asbestos Victims Want Buffett’s Railroad Company Held Responsible
- Workers’ Comp Rating Bureau of California Governing Committee Oks Higher Pure Premium Rate Filing
- ‘Forever Chemicals’ Found in Water Sources Around New Mexico, Studies Find
International & Reinsurance News
- Nord Stream Insurers Deny Policies Covered War Risks in UK Lawsuit
- Climate Change to Cause $38 Trillion a Year in Damages by 2049
- Global Insured Natural Disaster Claims Again Dominated by Severe US Storms: Gallagher
- Dubai’s Record Rain Floods Expensive Homes and Halts Flights
- Britain’s Insurers Under Pressure Over Spike in Car Insurance Premiums
- El Niño to Trigger Drought Insurance Payouts in Four Southern African Countries
- Investor Climate Group Sets Target for Assets in Private Equity, Debt
- CFC Acquires Solution Underwriting in Australia
Insurance Journal Blogs and Columns
- How to Renew Your Insurance License with a Criminal Background: Part 2 – Hawaii through Maryland
- 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
Sponsored Newswire
- Jon Beckham Joins Amwins Program Underwriters
- National Alliance for Insurance Education & Research Launches AlliBot: An AI Knowledge Bot for Risk & Insurance Professionals
Quote of Note
"Stay home. ... Just stay home. That will help you and help us. Do not try to drive through this high water."
More QuotesHouston Mayor Sylvester Turner
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% |
