Fannie and Freddie Hit Pause on Replacement-Value Rule
Industry groups said a new rule would disrupt insureds, insurers and agents.
Nuclear Verdicts Surge to $14.5 Billion in 2023
Twenty seven verdicts were “thermonuclear," or more than $100 million.
- Farmers to Resume Offering Key Lines of Business Insurance in California
- Boat Found in Key Biscayne Incident That Killed 15-Year-Old Skiier
- 15 Californians Charged in Complex Auto Insurance Fraud Ring
- Exxon Is Hit With $726 Million Verdict Over Benzene and Cancer
- High Court: E-Scooter Rider Hit by Car Not Eligible for No-Fault PIP Benefits
- Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance
- Baltimore Bridge Collapse Occurred After Ship Lost Power Multiple Times
- Exxon Is Hit With $726 Million Verdict Over Benzene and Cancer
- High Court: E-Scooter Rider Hit by Car Not Eligible for No-Fault PIP Benefits
- Most of 15 Million Bees Saved After Bee-Laden Truck Crashes
- Gay Employees Sue New York City for Withholding IVF Coverage
- Truck Driver Who Fatally Struck 3 Pennsylvania Highway Workers Fell Asleep at Wheel
- The Surprising Force Stalling Climate Progress: California Restaurants
- After Maui, Hawaii Lawmakers Budget Funds for Firefighting Equipment and a State Fire Marshal
- Farmers to Resume Offering Key Lines of Business Insurance in California
- People Moves: CREST in Arizona Adds Anguis as Commercial Lines Broker
- Lawsuit: Tesla’s Autopilot Caused Fiery Crash into Tree, Killing Colorado Man
- 15 Californians Charged in Complex Auto Insurance Fraud Ring
- Four in Florida Charged with Faking Auto Accident Injuries to Gain PIP Payouts
- Boat Found in Key Biscayne Incident That Killed 15-Year-Old Skiier
- UAW Faces Key Test in the South With Upcoming Vote at Alabama Mercedes Plant
- Experts Say Gun Alone Doesn’t Justify Deadly Force in Fatal Shooting of Florida Airman
- Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
- Two Tornadoes Down Trees on Homes, Kill One Person in Tallahassee
- Texas Lawmakers Zero In on Exploding Hemp Industry
- Louisiana Department of Insurance Offers Guidance Following Severe Storms
- Governor Signs Strengthen Oklahoma Homes Act Into Law
- Teen Awarded $185K in Lawsuit Over Interference With Recording of Mother’s Arrest
- Over 700 Tornado Reports Filed in 2024, Above Historical Average – AccuWeather
- Louisiana Court May Reopen Window for Suits by Adult Victims of Child Sex Abuse
- Illinois Indemnity Benefits Per Claim Rose in 2022: WCRI Study
- Advocates Demand Investigation into Missouri Boarding School Abuse Allegations
- People Moves: Weinberg Joins CRC Group
- Kansas Schools Turn to AI to Spot Guns
- Michigan Study Shows Potential for Real-Time Traffic Light Adjustments
- US States Warned of Unhealthy Air From Wildfires: Weather Watch
National News
- US Workers’ Comp Line Still Showing Strong Profits, Lower Claim Frequency
- Insurance Research Council: Home Insurance Spend Tops Household Income Growth
- Exxon Is Hit With $726 Million Verdict Over Benzene and Cancer
- FDIC Chair Gruenberg Apologizes for Agency Culture, Commits to Fixes
- Markets/Coverages: CFC Partners With Online Quoting Platform Tarmika
- FTC Noncompete Agreement Ban May Not Survive Courts but Some States Could Adopt
- NCCI’s Chief Actuary Discusses Workers’ Comp Profits, Safety and Future
East News
- Baltimore Bridge Collapse Occurred After Ship Lost Power Multiple Times
- Exxon Is Hit With $726 Million Verdict Over Benzene and Cancer
- High Court: E-Scooter Rider Hit by Car Not Eligible for No-Fault PIP Benefits
- Most of 15 Million Bees Saved After Bee-Laden Truck Crashes
- Gay Employees Sue New York City for Withholding IVF Coverage
- Truck Driver Who Fatally Struck 3 Pennsylvania Highway Workers Fell Asleep at Wheel
Midwest News
- Illinois Indemnity Benefits Per Claim Rose in 2022: WCRI Study
- Advocates Demand Investigation into Missouri Boarding School Abuse Allegations
- People Moves: Weinberg Joins CRC Group
- Kansas Schools Turn to AI to Spot Guns
- Michigan Study Shows Potential for Real-Time Traffic Light Adjustments
- US States Warned of Unhealthy Air From Wildfires: Weather Watch
Farmers Resumes Some Lines of Business Insurance in California
The insurer said it will resume some new business commercial multi-peril policies.
Texas / South Central News
- Texas Lawmakers Zero In on Exploding Hemp Industry
- Louisiana Department of Insurance Offers Guidance Following Severe Storms
- Governor Signs Strengthen Oklahoma Homes Act Into Law
- Teen Awarded $185K in Lawsuit Over Interference With Recording of Mother’s Arrest
- Over 700 Tornado Reports Filed in 2024, Above Historical Average – AccuWeather
- Louisiana Court May Reopen Window for Suits by Adult Victims of Child Sex Abuse
Southeast News
- Four in Florida Charged with Faking Auto Accident Injuries to Gain PIP Payouts
- Boat Found in Key Biscayne Incident That Killed 15-Year-Old Skiier
- UAW Faces Key Test in the South With Upcoming Vote at Alabama Mercedes Plant
- Experts Say Gun Alone Doesn’t Justify Deadly Force in Fatal Shooting of Florida Airman
- Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
- Two Tornadoes Down Trees on Homes, Kill One Person in Tallahassee
Exxon Hit With $726M Verdict Over Benzene and Cancer
A jury found Exxon Mobil liable for damages to a former mechanic who claimed its products caused his cancer.
West News
- The Surprising Force Stalling Climate Progress: California Restaurants
- After Maui, Hawaii Lawmakers Budget Funds for Firefighting Equipment and a State Fire Marshal
- Farmers to Resume Offering Key Lines of Business Insurance in California
- People Moves: CREST in Arizona Adds Anguis as Commercial Lines Broker
- Lawsuit: Tesla’s Autopilot Caused Fiery Crash into Tree, Killing Colorado Man
- 15 Californians Charged in Complex Auto Insurance Fraud Ring
International & Reinsurance News
- Britain Rejects Call to Ban Gagging Orders in Financial Services Sector
- Brazil States Ask Court to Double Amount Vale, BHP Should Pay for Mining Disaster
- Before Global Scrutiny, Indian Spice Maker MDH Faced Many US Rejections
- EU Finalizes Investment Fund Labels to Combat Greenwashing
- South Africa’s President Approves Major Health Reform Law; Legal Challenges Expected
- Update: Wildfire Threat to Oil-Sands Capital Expected to Ease as Winds Shift
- Markets/Coverages: Coalition Enters Excess Cyber Insurance Market in Australia
- Ardonagh Specialty Rebrands Reinsurance Business as ‘Price Forbes Re’
Insurance Journal Blogs and Columns
- Insurance Companies Feeling the Pressure in Iowa and the Midwest
- Implementation: The Final Frontier
- 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
Sponsored Newswire
More Sponsored NewswiresQuote of Note
"We may intervene and take further actions where firms do not appear to be meeting our expectations and treating their customers fairly."
More QuotesFinancial Conduct Authority (FCA), which has taken eight insurers to court over business interruption policy wordings.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kingstone Companies, Inc. | KINS | $4.60 | +14.71% |
| American Coastal Insurance Corporation | ACIC | $12.23 | +2.26% |
| Trupanion, Inc. | TRUP | $31.30 | +1.72% |
| Lemonade, Inc. | LMND | $18.92 | +1.56% |
| NI Holdings, Inc. | NODK | $15.82 | +1.28% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| United Fire Group, Inc. | UFCS | $22.74 | -3.85% |
| Root, Inc. | ROOT | $61.04 | -3.03% |
| First Acceptance Corporation | FACO | $3.50 | -2.51% |
| Erie Indemnity Company | ERIE | $394.17 | -2.13% |
| Employers Holdings, Inc. | EIG | $42.49 | -1.89% |
