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Skip to content * MyNewMarkets.com * Claims Journal * Insurance Journal TV * Academy of Insurance * Carrier Management FEATURED STORIES * Allstate Thinks Outside the Cubicle With Flex Workspace * T-Mobile’s Network Breached by Chinese Hackers * Articles * Jobs * Markets Search for News Search Search for News Search Search for News Search CURRENT MAGAZINE * Read Online * Subscribe * Login * Front Page * National * International * Most Popular * Magazine * Forums * Blogs * Videos/Podcasts * Newsletters * News * Most Popular * National * International * East * Midwest * South Central * Southeast * West * Magazines * Research * Directories * Jobs * Features * Events * Forums * Market Directories * Quotes * Polls * Rankings & Awards * Insurance Giving Back * Subscribe US COMMERCIAL RATES UP 3% ON HIKES IN CASUALTY Marsh’s Global Insurance Market Index said composite casualty rates increased 10%. ALLSTATE SUES HYUNDAI, KIA OVER CLAIMS FROM DEFECTIVE CARS The subrogation suit aims to get back costs paid for damages from car fires. * Most Read * East * West * Southeast * South Central * Midwest * Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally * Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials * Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans * Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why. * Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening * Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers * Suit Claiming Racial, Income Bias in Rental Algorithm Settled for $2.2 Million * Trucking Firm Owner Sentenced Over Crash That Killed 7 Bikers * Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally * Clergy Abuse Victim Whose Parents Kicked Him Out Will Use Settlement to Help Others * New Jersey Bakery Fined $385K After OSHA Says Workers Still Exposed to Hazards * NFP Acquires AnchorGroup in Upstate New York * People Moves: Hendrickson Appointed Head of Reinsurance for Delos * Washington Woman Wanted After Failing to Appear in Court for Insurance Fraud Charges * Safer Buildings Vs More Housing: How New Building Codes May Impact Hawaii * Colorado Department of Transportation Report: Decline in Dangerous Driving Habits * Department of Labor Fines California Retirement Home $137K for Back Wages, Damages * KBRA Downgrades Financial Strength Ratings of Oregon Mutual Insurance * My Safe Florida Condo Program Runs Out of Funding in One Week * Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials * Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers * Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans * Redfin Reports Home Sales Dropping Fast in Five Florida Metro Areas * Tampa Bay Rays Say New St. Pete Stadium Unlikely to Be Ready for 2028 Season * Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion * Ken Paxton Adds Dallas to List of Cities He’s Sued Over Marijuana Decriminalization * CSB: 27,000 Pounds of Toxic Gas Released in Texas Hydrogen Sulfide Release * New Orleans to Pay $20M to School District to Settle Long-Running Suit * AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game * Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement * North Dakota Commissioner Godfread to Serve as NAIC President * World Insurance Acquires North Dakota’s F1 Insurance * People Moves: Omaha National Appoints Klucarich as Chief Actuary * Risk Strategies Acquires Ohio’s Cornerstone * A-G Specialty Acquires Michigan’s First Agency TPA * People Moves: Columbia Insurance Group Names Rieth VP of E&S NATIONAL NEWS * Nissan Persuades Appeals Court to Decertify Brake Defect Class Actions * SEC’s Penalties, Relief Hit All-Time Record of $8.2 Billion * Hyundai Issues Recalls of Electric Cars for Loss of Power, SUVs Over Wiring Issue * Class Action Lawsuit on AI-Related Discrimination Reaches Final Settlement * Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening * CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella More National News EAST NEWS * Suit Claiming Racial, Income Bias in Rental Algorithm Settled for $2.2 Million * Trucking Firm Owner Sentenced Over Crash That Killed 7 Bikers * Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally * Clergy Abuse Victim Whose Parents Kicked Him Out Will Use Settlement to Help Others * New Jersey Bakery Fined $385K After OSHA Says Workers Still Exposed to Hazards * NFP Acquires AnchorGroup in Upstate New York More East News MIDWEST NEWS * North Dakota Commissioner Godfread to Serve as NAIC President * World Insurance Acquires North Dakota’s F1 Insurance * People Moves: Omaha National Appoints Klucarich as Chief Actuary * Risk Strategies Acquires Ohio’s Cornerstone * A-G Specialty Acquires Michigan’s First Agency TPA * People Moves: Columbia Insurance Group Names Rieth VP of E&S More Midwest News ‘BOARD CERTIFIED’ COMING SOON TO FLORIDA INSURANCE LAWYERS? Florida plaintiffs lawyers could have a new stamp of credibility to advertise. TEXAS / SOUTH CENTRAL NEWS * Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion * Ken Paxton Adds Dallas to List of Cities He’s Sued Over Marijuana Decriminalization * CSB: 27,000 Pounds of Toxic Gas Released in Texas Hydrogen Sulfide Release * New Orleans to Pay $20M to School District to Settle Long-Running Suit * AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game * Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement More Texas / South Central News SOUTHEAST NEWS * My Safe Florida Condo Program Runs Out of Funding in One Week * Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials * Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers * Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans * Redfin Reports Home Sales Dropping Fast in Five Florida Metro Areas * Tampa Bay Rays Say New St. Pete Stadium Unlikely to Be Ready for 2028 Season More Southeast News SCOTUS UPHOLDS COVERAGE RULING ON TREATED WOOD The U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover claims. WEST NEWS * People Moves: Hendrickson Appointed Head of Reinsurance for Delos * Washington Woman Wanted After Failing to Appear in Court for Insurance Fraud Charges * Safer Buildings Vs More Housing: How New Building Codes May Impact Hawaii * Colorado Department of Transportation Report: Decline in Dangerous Driving Habits * Department of Labor Fines California Retirement Home $137K for Back Wages, Damages * KBRA Downgrades Financial Strength Ratings of Oregon Mutual Insurance More West News INTERNATIONAL & REINSURANCE NEWS * Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening * Sweden Probe Into Broken Cable Advances as Seabed Study Winds Up * Danish Central Banker Sees Russia Hackers as Key Risk to Lenders * Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo * People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia * Why Asbestos Is Still Being Found in Some Cosmetics More International & Reinsurance News INSURANCE JOURNAL BLOGS AND COLUMNS * 4 Things You Should Know about E&O Insurance for Insurance Agents Nov 21 * Key Benefits of Underwriter Link: Seamless Integration with Legacy Systems and Enhanced Client Satisfaction for Wholesalers, MGAs, and Brokers Nov 21 * Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip Nov 20 * Upgrade Your Contractor Clients’ FastBond to a Standard Bond Program Nov 18 * The Power of BPO for Carriers, MGAs, and Wholesalers: A Comprehensive Solution with Selectsys BPO Nov 18 * Renaissance vs. ASNOA Insurance – Which Agency Network is Right for You? Nov 14 More Blogs -------------------------------------------------------------------------------- QUOTE OF NOTE In this new year, industry colleagues worldwide should challenge themselves to accelerate the development of a culture in which everyone can be successful. Hank Watkins, Lloyd's More Quotes INSURANCE TOP GAINERS/LOSERS * Gainers * Losers Company Symbol Close 1 Day Chg Lemonade, Inc.LMND$40.14+16.99%Root, Inc.ROOT$101.07+5.84%Trupanion, Inc.TRUP$52.96+4.44%Kingstone Companies, Inc.KINS$13.29+3.46%Hippo Holdings Inc.HIPO$29.10+1.96% Company Symbol Close 1 Day Chg ProAssurance CorporationPRA$16.24-2.58%Markel Group Inc.MKL$1,670.33-2.11%The Allstate CorporationALL$196.60-1.69%American International Group, Inc.AIG$75.30-1.32%Marsh & McLennan Companies, Inc.MMC$220.73-1.31% * As of November 19, 2024; Source: S&P Global Market Intelligence MARKET STAT 407 Number of insurance M&As worldwide in 2020, according to Clyde & Co.. MOST POPULAR * Now * This Week * Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally * Florida Citizens' Brass Tired of 'Clickbait' News on its Hurricane Claims Denials * Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans * Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why. * Global Non-Life Insurance Rates 'Plateauing' but Nat Cat Losses Delay Market Softening More Top Stories * Allstate Thinks Outside the Cubicle With Flexible Workspaces * Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans * Marsh McLennan Completes $7.75B Buy of McGriff Insurance Services * Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law * T-Mobile's Network Breached as Part of Chinese Hacking Operation More Top Stories Find complete reinsurance coverage of, by and for reinsurance professionals and buyers. * Quantifying Social Inflation: How Swiss Re Developed An Index * Swiss Re Execs Sleeping Well After $2.4B Q3 Reserve Boost * Lloyd's of London Shakes Up IT, Operations Teams * Hannover Re's Henchoz to Step Down as CEO, Succeeded by CFO Jungsthöfel * AIG CEO Zaffino on Approach to Catastrophe Losses in Today's Reinsurance Market Visit Reinsurance Hub RANKINGS & AWARDS Explore our insurance industry ranking and award lists. * BEST INSURANCE AGENCIES TO WORK FOR * TOP 100 PROPERTY/CASUALTY AGENCIES * MVPS: TOP CSRS AND ACCOUNT MANAGERS * AGENTS OF THE YEAR Explore All Lists WEBINARS AND WHITEPAPERS READER POLL What agency roles are you hiring for today? Client Services (account managers/CSRs) Sales (producers/agents) Claims IT Administration Administrative support Other: VoteView Results What agency roles are you hiring for today? CURRENT ISSUE Read OnlineDownload PDFSubscribe FEATURED VIDEOS * 97:What Insurance Pros Should Know About Testing for Mold in Cannabis ProductsListen Now * EP. 08: Risk Holiday Mishaps: The Golfertainment Podcast Takes on Insurance with Humor!Watch Now EDITORS AND CONTRIBUTORS * Andrea Wells Don’t Risk the Agency – E&O Tips on Trials and Trends * Mary Newgard Viral Work Trends Insurance Agencies Will See More in 2025 * Chad Hemenway Former Triple-I Exec Says He Was Fired After Testifying in Bullying Case Against CEO * Andrea Wells Ergonomic Hazards NEWS BY TOPIC CYBER DANISH CENTRAL BANKER SEES RUSSIA HACKERS AS KEY RISK TO LENDERS US CHARGES FIVE IN ‘SCATTERED SPIDER’ HACKING SCHEME LIBRARY OF CONGRESS SAYS AN ADVERSARY HACKED SOME EMAILS More Cyber Articles REINSURANCE PEOPLE MOVES: HENDRICKSON APPOINTED HEAD OF REINSURANCE FOR DELOS GUY CARPENTER TO ACQUIRE ATHENS-BASED REINSURANCE BROKER CARPENTER TURNER GLOBAL REINSURERS’ ROE JUMPS TO 22% IN 2023 BUT MARKET SOFTENING UNLIKELY: AM BEST More Reinsurance Articles COMMERCIAL LINES CIAB: ALL COMMERCIAL LINES SEE LOWER Q3 PREMIUM INCREASES EXCEPT UMBRELLA COMMERCIAL LINES PROFIT GROWTH: EXECUTION MATTERS MORE THAN PORTFOLIO MIX PHILADELPHIA EAGLES SEEK TO EXTEND COVID-19 BUSINESS INSURANCE BID INTO OVERTIME More Commercial Lines Articles CANNABIS KEN PAXTON ADDS DALLAS TO LIST OF CITIES HE’S SUED OVER MARIJUANA DECRIMINALIZATION JUDGE TOSSES EX-ARKANSAS GOVERNOR’S SUIT AGAINST META OVER CBD ADVERTISEMENT NORTH DAKOTA VOTERS REJECT MARIJUANA LEGALIZATION More Cannabis Articles CARRIERS FLORIDA REGULATORS DEMAND DATA FROM WEISS RATINGS AFTER RECENT REPORTS ON INSURERS NINETY ONE JOINS RUSH OF ASSET MANAGERS CHASING INSURER DEALS INSURER, CONTRACTORS ALLEGE STAGED INJURY CLAIMS SCHEME UNDER NEW YORK SCAFFOLD LAW More Carriers Articles RISK MANAGEMENT MARKETS/COVERAGES: MARSH OFFERS INSURANCE TO MANAGE RISKS OF FAKE CARBON CREDITS INSURANCE PROFESSIONALS INVITED TO HAI GROUP’S AWARD-WINNING VIRTUAL RISK MANAGEMENT CONFERENCE ON NOV. 7 THE CHIEF ARTIFICIAL INTELLIGENCE OFFICER: LEADING AI INNOVATION AND RISK MANAGEMENT More Risk Management Articles FLORIDA MY SAFE FLORIDA CONDO PROGRAM RUNS OUT OF FUNDING IN ONE WEEK FLORIDA REGULATORS DEMAND DATA FROM WEISS RATINGS AFTER RECENT REPORTS ON INSURERS FLORIDA CITIZENS’ BRASS TIRED OF ‘CLICKBAIT’ NEWS ON ITS HURRICANE CLAIMS DENIALS More Florida Articles INSURTECH CLASS ACTION LAWSUIT ON AI-RELATED DISCRIMINATION REACHES FINAL SETTLEMENT BANK OF JAPAN GOVERNOR WARNS AI COULD BRING NEW FINANCIAL STABILITY RISKS AI WEATHER MODELS HAVE SHOWN PROMISE THIS HURRICANE SEASON More InsurTech Articles PRICING TRENDS GLOBAL NON-LIFE INSURANCE RATES ‘PLATEAUING’ BUT NAT CAT LOSSES DELAY MARKET SOFTENING CIAB: ALL COMMERCIAL LINES SEE LOWER Q3 PREMIUM INCREASES EXCEPT UMBRELLA CONNECTICUT APPROVES 6% WORKERS’ COMPENSATION RATE DECREASE FOR 2025 More Pricing Trends Articles Explore All Topics INSURANCE JOBS * Healthcare Financial/Actuarial Director - Tempe, AZ * Product Delivery Manager - Tampa, FL * Analyst, Investment Consulting - Pittsburgh, PA * Cyber Risk Services Lead Consultant - Remote, IL * Healthcare Financial/Actuarial Senior Associate - Tampa, FL * Trust Matters * How Insurance Industry Can Use AI Safely and Ethically * Insuring the Unique Risks of a Bed & Breakfast * Senior Living Facilities Face Labor Shortages, Nuclear Verdicts and Changing Insurance Market * How Flood Risk Is Driving an Insurance Protection Gap in the US * Global Non-Life Insurance Rates 'Plateauing' but Nat Cat Losses Delay Market Softening * Bridging The Carrier-Restoration Knowledge Divide with Technology * AAA: Thanksgiving Travel Expected to Exceed Pre-Pandemic Levels * Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally * Meta Must Face Investor Suit After Supreme Court Drops Case * December 5 Predicting 2025: Company Appetites, Underwriting, Competition, and Capacity * December 12 How An Adjuster Reads An Insurance Policy INSURANCE NEWS * News by Region * News by Topic * Yesterday SITE SEARCH FEATURES * Insurance Markets Directory * Forums * A.M. 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