Recent Insurance Industry News

Softening Continues for Most Commercial P/C Lines in Q2, Says CIAB

• NFL Cannot Force Black Coach’s Racial Claims Into Arbitration, Says Appeals Court

• Delivery Drones May Soon Take Off With New FAA Rule

• Rising La Niña Odds Point to More Hurricanes in the Atlantic

• Aon Accused of Contributing to Collapse of Startup Vesttoo

• OpenAI’s Sam Altman Expects to Spend ‘Trillions’ on Infrastructure

PE Firm B.P. Marsh Invests in New Collateralized Reinsurer to Support Growth of XPT

• Third Point’s Dan Loeb Wins Vote to Turn London-Listed Fund Into Reinsurer

• Banking’s Ailing Climate Coalition Loses Ground in Europe

• Accenture to Buy Australian Cybersecurity Firm CyberCX for Reported $650 Million

• Toxic Spill at China-Owned Zambian Mine 30 Times Worse Than Estimated

• Norway Spy Chief Blames Russian Hackers for Dam Sabotage in April

Wanted: Tesla Autopilot Operators. $25-$30/Hour. Plus Family-Building.

• Philadelphia Police Officer Wins Delayed Workers’ Compensation Claim for PTSD

• Son Cashed Mom’s Workers’ Compensation Checks After She Died

• Brightstone Specialty Acquires RMS Hospitality and Fortis Risk

• How Responders Rescued Steel Plant Workers; Search for Cause of Blast Underway

• New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses

Ohio’s Roehr Insurance Partners With Higginbotham

• Chicago Launches Flood-Warning System as Rainstorms Intensify

• Milwaukee Area Recovers From Record Rain and Flooding

• Midwest Healthcare Company to Pay $1M in COVID Vaccine Mandate Case

• Michigan Man to Stand Trial for Insurance Fraud

• Black Hills, South Dakota Region Faces Severe Water Shortages

Texas Economy Slowing Amid Trade Policies and Immigration Crackdown

• Texas Students Injured in School Bus Rollover Crash

• Texas Crime Labs Say They Need More Resources for a THC Ban

• Union Pacific Train Cars Derail Near Texas Town, No Injuries Reported

• Along Texas’ Guadalupe River, Several Summer Camps Are in Flood Zones

• World Insurance Acquires Texas’ Abacus

Florida Peninsula Files for 8.4% Cut in HO Rates, 12% Drop in Condo Owners’

• West Virginia Will Finally Study How to Protect Communities After 2016 Floods

• Alabama DOI Posts New Data Call on Liability Insurance

• A Year Later, Mixed Reactions Over Florida’s $36M Citizens Clearinghouse System

• Family Killed When Tree Falls on Car in Flooding in East Tennessee

• People Moves: Sterling Seacrest Pritchard Adds QB Jake Fromm to the Backfield

Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation

• DOJ Sues California to End Enforcement of Emissions Standards for Trucks

• NFL Appealing Nevada High Court Ruling Allowing Gruden’s Lawsuit to Proceed

• New Mexico Governor Declares State of Emergency in County Afflicted by Crime

• Brown & Brown Acquires Assets of Tire Shield in Nevada

• Containment Grows on California Megafire, But Hundreds of Structures Threatened