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US COMMERCIAL RATES UP 3% ON HIKES IN CASUALTY

Marsh’s Global Insurance Market Index said composite casualty rates increased
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ALLSTATE SUES HYUNDAI, KIA OVER CLAIMS FROM DEFECTIVE CARS

The subrogation suit aims to get back costs paid for damages from car fires.

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 * Marsh McLennan Completes $7.75B Buy of McGriff Insurance Services
 * Philadelphia Eagles Seek to Extend Covid-19 Business Insurance Bid Into
   Overtime
 * Trump Team Is Seeking to Ease US Rules for Self-Driving Cars

 * Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims
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 * Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease
 * Biden Requests $98.6 Billion in Emergency Disaster Aid Funds
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 * TWIA Board Reviews 2025 Budget After $455 Million Loss from Hurricane Beryl
 * Texas Medical Center Settles Racial Hiring Discrimination Case
 * Inszone Acquires LIA of Texas
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 * TSLA Announces Election of Officers & Directors at Annual Meeting
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 * Hydrogen Wildcatters Are Betting Big on Kansas to Strike It Rich
 * Missouri Officers Arrested for Allegedly Searching Womens’ Phones for Nude
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 * People Moves: Great American Insurance Group Promotes Gambrell to Divisional
   President, Excess Liability
 * Struggling Businesses at Corner Where George Floyd Was Murdered Sue
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 * Struggling Businesses at Corner Where George Floyd Was Murdered Sue
   Minneapolis
 * Smithfield to Pay $2 Million in Minnesota Child Labor Violation Settlement
 * Skyward Specialty Launches Life Sciences Liability Coverage

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TEXAS / SOUTH CENTRAL NEWS

 * TWIA Board Reviews 2025 Budget After $455 Million Loss from Hurricane Beryl
 * Texas Medical Center Settles Racial Hiring Discrimination Case
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 * Bullet Strikes Body of Southwest Plane Without Injuries at Dallas Airport
 * TSLA Announces Election of Officers & Directors at Annual Meeting
 * Oklahoma Insurance Commissioner Issues Bulletin on Use of AI

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SOUTHEAST NEWS

 * Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease
 * Biden Requests $98.6 Billion in Emergency Disaster Aid Funds
 * Head of Kentucky Plant Says Company Will Cover Damages After Blast
 * Two Florida Employees Charged with Defrauding Aetna of $1M
 * Worker Rescued From Rubble After Construction Accident in Kentucky
 * Kentucky Factory Neighbors Cite Years of Odors Before Deadly Explosion

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SHOULD ROOFERS DO MORE WIND-MIT TO HELP FLORIDA’S INSURED LOSSES?

Florida doesn't specifically allow roofers to install hurricane straps and
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WEST NEWS

 * California Department of Insurance Moves Modeling Regulation Proposal Forward
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--------------------------------------------------------------------------------


QUOTE OF NOTE

If you've reached an exponential part of the curve where suddenly, something's
accelerating, it's almost certain that we are underpricing the risk that we're
taking.
Bruce Carnegie-Brown, chairman of insurance market Lloyd’s of London.
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INSURANCE TOP GAINERS/LOSERS

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Company Symbol Close 1 Day Chg Kingstone Companies, Inc.KINS$12.85+17.31%United
Fire Group, Inc.UFCS$27.43+7.91%Root, Inc.ROOT$95.49+7.40%Palomar Holdings,
Inc.PLMR$108.48+4.62%Hippo Holdings Inc.HIPO$28.54+4.58%

Company Symbol Close 1 Day Chg Trupanion, Inc.TRUP$50.71-3.89%HCI Group,
Inc.HCI$108.43-3.17%Tiptree Inc.TIPT$21.87-1.71%Horace Mann Educators
CorporationHMN$40.61-1.67%ProAssurance CorporationPRA$16.67-1.24%

* As of November 18, 2024; Source: S&P Global Market Intelligence


MARKET STAT

73%
Percentage of American drivers too afraid to ride in a driverless car.


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