AM Best said there are 鈥渨arning signs鈥� for the directors & offers liability market.
William R. Berkley founded the commercial property/casualty insurer in 1967.
- WR Berkley Founder and Executive Chairman Dies at 80
- Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns
- Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz
- Australia Insurance Broker Steadfast Gets Offer From Amwins, PE Firm Dragoneer
- Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit
- CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino
- As Pennsylvania Cracks Down on AI, Multiple Chatbots Continue to Pose as Doctors
- Connecticut Drivers to Lose License for Repeatedly Failing to Stop for School Bus
- Massachusetts Cites Worsening Drought Conditions as Summer Arrives
- Workers’ Compensation Costs Running High in Pennsylvania: WCRI
- ANV Group Adds Another Workers’ Compensation Agency to Its Roster
- 8 Charged With Faking Shippers’ IDs to Steal Meats, Cheeses, Copper and Cigarettes
- Inszone Acquires Professional Insurance Strategies in Arizona
- Trial Begins for Man Accused of Sparking Deadly Palisades Fire
- PG&E Could Cut Power in 8 California Counties Due to Winds, Fire Danger
- Markets/Coverages: Alliant in California Rolling out Retirement & Wealth Business
- Jury Awards $176M for Wrongful Deaths of Brothers Hit by California Socialite’s Car
- California Mortgage Servicer Settles for $4.6M Over Pandemic Foreclosure Violations
- Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit
- Palm Beach Agent Charged With Keeping $90,000 in Surety Bond Payments
- Dozens of Immigrant Workers Detained at Carolina Metal Castings Plant After Raid
- USAA Not Done With Dividends: Florida Reforms Prompt $500M Payout
- Judge Won’t Bend on $256M Defamation/RICO Verdict Against Human Rights Lawyer
- People Moves: Florida Lawyers Mutual Names Coady CEO
- Flesh-Eating Cattle Parasite Spreads Beyond Texas
- Texas Governor Recommends Sweeping Data Center Regulation
- Rio Grande Valley Farmers Are Bracing for Severe Drought
- Texas Governor Vows Sped Up Construction of Screwworm Fly Breeding Facility
- People Moves: CorVel Names Scott as CEO and President
- Deadly Screwworm Pest Spreads in Texas With Two New Cases
- Michigan, Canada Plan Opening of Bridge Trump Threatened to Block
- Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency
- NFP Acquires Kansas’ Signature Personal Insurance
- Company Ordered to Pay $500K Fine for Violating Asbestos Regulations in Michigan
- Tyco to Pay $10M Settlement With Wisconsin Over PFAS Contamination
- Illinois Joins Ohio in Ordering Pause on Data Center Tax Credits
National News
- WR Berkley Founder and Executive Chairman Dies at 80
- US Customs Agency, Trade Judge to Seek Path to Final Tariff Refunds
- CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino
- Consultant Diversity Labs Forced to Shut Down After DEI Investigation by FTC
- Anthropic Releases Mythos-Like Model Without Cyber Capabilities
- Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns
East News
- As Pennsylvania Cracks Down on AI, Multiple Chatbots Continue to Pose as Doctors
- Connecticut Drivers to Lose License for Repeatedly Failing to Stop for School Bus
- Massachusetts Cites Worsening Drought Conditions as Summer Arrives
- Workers’ Compensation Costs Running High in Pennsylvania: WCRI
- ANV Group Adds Another Workers’ Compensation Agency to Its Roster
- 8 Charged With Faking Shippers’ IDs to Steal Meats, Cheeses, Copper and Cigarettes
Midwest News
- Michigan, Canada Plan Opening of Bridge Trump Threatened to Block
- Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency
- NFP Acquires Kansas’ Signature Personal Insurance
- Company Ordered to Pay $500K Fine for Violating Asbestos Regulations in Michigan
- Tyco to Pay $10M Settlement With Wisconsin Over PFAS Contamination
- Illinois Joins Ohio in Ordering Pause on Data Center Tax Credits
Acrisure filed a lawsuit accusing former employees of using intellectual property to peel away clients.
Texas / South Central News
- Flesh-Eating Cattle Parasite Spreads Beyond Texas
- Texas Governor Recommends Sweeping Data Center Regulation
- Rio Grande Valley Farmers Are Bracing for Severe Drought
- Texas Governor Vows Sped Up Construction of Screwworm Fly Breeding Facility
- People Moves: CorVel Names Scott as CEO and President
- Deadly Screwworm Pest Spreads in Texas With Two New Cases
Southeast News
- Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit
- Palm Beach Agent Charged With Keeping $90,000 in Surety Bond Payments
- Dozens of Immigrant Workers Detained at Carolina Metal Castings Plant After Raid
- USAA Not Done With Dividends: Florida Reforms Prompt $500M Payout
- Judge Won’t Bend on $256M Defamation/RICO Verdict Against Human Rights Lawyer
- People Moves: Florida Lawyers Mutual Names Coady CEO
A survey from the Triple-I and Munich Re US shows overlapping exposures are shaping the risk landscape.
West News
- Inszone Acquires Professional Insurance Strategies in Arizona
- Trial Begins for Man Accused of Sparking Deadly Palisades Fire
- PG&E Could Cut Power in 8 California Counties Due to Winds, Fire Danger
- Markets/Coverages: Alliant in California Rolling out Retirement & Wealth Business
- Jury Awards $176M for Wrongful Deaths of Brothers Hit by California Socialite’s Car
- California Mortgage Servicer Settles for $4.6M Over Pandemic Foreclosure Violations
International & Reinsurance News
- US, Iran Exchange Strikes, Putting Lasting Peace Deal at Risk
- Australia Insurance Broker Steadfast Gets Offer From Amwins, PE Firm Dragoneer
- Britain’s Garden Habits Are Making Their Homes Harder to Insure
- Anti-Migrant Violence Condemned After Belfast Knife Attack
- Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz
- Update: Three Indian Seafarers Missing After US Strike on Tanker off Oman
- People Moves: Willis Re Taps Carpenter’s Summers as CEO of Global Specialties; Arch Names Felisky as Chair of Arch Insurance (UK) and Arch Managing Agency
Insurance Journal Blogs and Columns
- How employee assistance programs drive better workers’ comp outcomes
- Mind the Gap: D&O Runoff in M&A Transactions
- Renewals Don’t Have to Be a Fire Drill
- Cut Manual Work: Insurance Operations Automation with EZLynx
- Securing Favorable Terms on Unbundled Business Auto Coverage
- Cotality’s Focus on Interoperability: Producing End-to-End Trust for Insurance and Restoration
Sponsored Newswire
More Sponsored NewswiresQuote of Note
"The coronavirus outbreak has reduced risk in some areas while, at the same time, changing and heightening it in others. The wider changes in society and industry brought about and accelerated by the pandemic are likely to have a long-term impact on claims patterns and loss trends in the corporate insurance sector."
More Quotes Thomas Sepp, chief claims officer, Allianz Global Corporate & Specialty
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Ryan Specialty Holdings, Inc. | RYAN | $33.34 | +5.34% |
| TWFG, Inc. | TWFG | $20.65 | +3.82% |
| Hagerty, Inc. | HGTY | $10.62 | +3.81% |
| Ategrity Specialty Insurance Company Holdings | ASIC | $20.63 | +2.74% |
| Selective Insurance Group, Inc. | SIGI | $90.25 | +2.71% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $5.03 | -6.94% |
| Root, Inc. | ROOT | $53.85 | -1.95% |
| Reliance Global Group, Inc. | EZRA | $3.63 | -1.63% |
| Goosehead Insurance, Inc. | GSHD | $35.92 | -1.62% |
| Global Indemnity Group, LLC | GBLI | $26.00 | -1.57% |