AIG's Zaffino: A $200 Billion Cat Year May Be Looming
AIG's CEO said 2025 could be the year for $200 billion in insured catastrophe losses.
Insurers Have Now Paid Out Nearly $7B for LA Wildfires
Over 33,717 claims have been filed for home, business, and living expenses.
- Owner and Town in Standoff as Erosion Slowly Takes Luxury House On Cape Cod Bay
- Coca-Cola, PepsiCo Planning to Comply With Trump’s DEI Policy
- California Insurance Commissioner Rejects State Farm’s 22% Rate Request
- California Approves FAIR Plan Request to Assess Insurers $1B for Wildfire Claims
- Which Companies Are Pulling Back on Diversity Initiatives?
- California Wildfire Mitigation And Recovery Bill Package Introduced
- New York’s Top Court Weighs Child Victim Act Lawsuit Standards
- Insurers Escape Coverage for Parents Accused of Hiding Son’s Murder Weapon
- Baltimore Sues Glock Over Handguns Easily Converted to Automatic Weapons
- Andover Companies Among Investors in Reinsurance Startup Mereo
- Virginia Attorney General’s Office Hit by Cyber Attack
- Connecticut’s Captive Insurance Industry Keeps Growing
- California Insurance Commissioner Rejects State Farm’s 22% Rate Request
- PG&E Needs California’s Help to Calm Investors Post-Fire, CEO Says
- California Wildfire Mitigation And Recovery Bill Package Introduced
- Los Angeles Sees Mudslides With Heavy Rains
- People Moves: Moore Joins Woodruff Sawyer as VP, Producer
- Insurers Have Now Paid Out Nearly $7B for LA Wildfires, Report Shows
- Florida-Based The Liberty Company Keeps Growing, Now With $100M Credit Offering
- Rare Bipartisan Push for Ban on Machine Gun Conversion in Alabama
- Alliant Names Foley VP in Benefits, Based in Tennessee
- North Carolina Lawmakers Amend Hurricane Helene Recovery Measure
- NC Industrial Commission Grants Benefits to Widow of Officer Killed in Mass Shooting
- Stretch of NC Interstate That Collapsed in Helene to Reopen by March 1
- Texas County Approves Election for New City Starbase Near SpaceX Site
- Texas Power Grid Says State’s Energy Demand May Exceed Supply in 2026
- Oklahoma Selected as Host for 2029 NAIC Spring National Meeting
- Fire Erupts Near El Paso Airport, Injuring Five
- Measles Outbreak Reported in Small West Texas County
- NYSE Plans Texas Exchange as Financial Firms Flock to State
- Peopele Moves: iink Names Fleszar as CEO
- Settlement Reached in North Dakota Lawsuit Against White Nationalist Hate Group
- Over 800 File Complaints of Sexual Abuse in Illinois Youth Facilities
- Statewide Computer Outage Disrupts Nebraska Government Operations
- Starbucks Sued by Missouri Over DEI, Race and Gender Bias
- Judge Tosses Opera Singer’s Lawsuit Against the University of Michigan Over Firing
National News
- Coca-Cola, PepsiCo Planning to Comply With Trump’s DEI Policy
- Viewpoint: The Recipe for Building a Successful MGA
- Bird Flu Signs Found in Three Veterinarians Suggest Wider US Spread
- Which Companies Are Pulling Back on Diversity Initiatives?
- Renewal Rates Up YOY for All Commercial Lines Except Workers Comp: Ivans
- Trump Hostility to US Offshore Wind Reverberates Through Supply Chain
East News
- New York’s Top Court Weighs Child Victim Act Lawsuit Standards
- Insurers Escape Coverage for Parents Accused of Hiding Son’s Murder Weapon
- Baltimore Sues Glock Over Handguns Easily Converted to Automatic Weapons
- Andover Companies Among Investors in Reinsurance Startup Mereo
- Virginia Attorney General’s Office Hit by Cyber Attack
- Connecticut’s Captive Insurance Industry Keeps Growing
Midwest News
- Peopele Moves: iink Names Fleszar as CEO
- Settlement Reached in North Dakota Lawsuit Against White Nationalist Hate Group
- Over 800 File Complaints of Sexual Abuse in Illinois Youth Facilities
- Statewide Computer Outage Disrupts Nebraska Government Operations
- Starbucks Sued by Missouri Over DEI, Race and Gender Bias
- Judge Tosses Opera Singer’s Lawsuit Against the University of Michigan Over Firing
What’s Tying Up $4B Settlement for Hawaii Wildfire Victims
A settlement was announced last summer, but insurance companies held out.
Texas / South Central News
- Texas County Approves Election for New City Starbase Near SpaceX Site
- Texas Power Grid Says State’s Energy Demand May Exceed Supply in 2026
- Oklahoma Selected as Host for 2029 NAIC Spring National Meeting
- Fire Erupts Near El Paso Airport, Injuring Five
- Measles Outbreak Reported in Small West Texas County
- NYSE Plans Texas Exchange as Financial Firms Flock to State
Southeast News
- Florida-Based The Liberty Company Keeps Growing, Now With $100M Credit Offering
- Rare Bipartisan Push for Ban on Machine Gun Conversion in Alabama
- Alliant Names Foley VP in Benefits, Based in Tennessee
- North Carolina Lawmakers Amend Hurricane Helene Recovery Measure
- NC Industrial Commission Grants Benefits to Widow of Officer Killed in Mass Shooting
- Stretch of NC Interstate That Collapsed in Helene to Reopen by March 1
Viewpoint: How Will the California FAIR Plan Fare?
It’s worth noting that the FAIR Plan was never intended to be a state-sponsored insurance fund.
West News
- California Insurance Commissioner Rejects State Farm’s 22% Rate Request
- PG&E Needs California’s Help to Calm Investors Post-Fire, CEO Says
- California Wildfire Mitigation And Recovery Bill Package Introduced
- Los Angeles Sees Mudslides With Heavy Rains
- People Moves: Moore Joins Woodruff Sawyer as VP, Producer
- Insurers Have Now Paid Out Nearly $7B for LA Wildfires, Report Shows
International & Reinsurance News
- Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows
- Mexico’s Sheinbaum Threatens to Sue Google Over ‘Gulf of America’ Maps Change
- Specialty Re/Insurer Convex to Enter Lloyd’s With Syndicate 1984
- Viewpoint: The Recipe for Building a Successful MGA
- Sompo Holdings Restructures Business Into 2 Global Segments
- Powerful Tropical Cyclone Zelia Hits Australia’s Iron Ore Hub
缅北轮奸 Blogs and Columns
- Making the Shift in 2025: How to Become an Independent Insurance Agent
- Management Liability Insights for 2025: The changing landscape of employment claims
- AI-Driven BPO: The Future of Insurance Operations
- Your Underwriter Says You Need a CPA-Prepared Statement. What Now? Part I
- New Dates, Same City: The New Importance of INTRConnect 2025 in March
- How to Renew Your Insurance License with a Criminal Background: Part 5 鈥� South Dakota through Wyoming
Quote of Note
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Heritage Insurance Holdings, Inc. | HRTG | $12.67 | +3.09% |
| American Coastal Insurance Corporation | ACIC | $12.35 | +2.07% |
| Palomar Holdings, Inc. | PLMR | $126.92 | +1.50% |
| Trupanion, Inc. | TRUP | $49.63 | +1.22% |
| NI Holdings, Inc. | NODK | $14.55 | +0.62% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Kinsale Capital Group, Inc. | KNSL | $449.34 | -7.75% |
| Root, Inc. | ROOT | $129.34 | -6.53% |
| Mercury General Corporation | MCY | $54.81 | -3.09% |
| Lemonade, Inc. | LMND | $36.12 | -2.80% |
| American International Group, Inc. | AIG | $74.34 | -2.70% |
