Recent Insurance Industry News
National News
FTC Takes Action Against Worker Noncompete Agreements
The U.S. Federal Trade Commission barred the largest pet cremation business in the U.S. from enforcing its noncompete agreements with 1,800 workers on Thursday, saying they...
Publisher Gannett Wins Dismissal of Nearly All of Journalists’ Job Bias Lawsuit
NY Fed Finds Modest Impact of AI on Jobs Even as Usage Increases
Apollo Settles Fight With Ex-Athene Executives Before Trial
FTC to Review AI Chatbot Risks With Focus on Privacy Harms
The Year So Far: Liberty Mutual Improves Most Among Nationals; Discipline Tested
International & Reinsurance News
Ryan Specialty Launches New Sidecar to Support its Delegated Underwriting
International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd. (RAC Re) RAC Re will...
Head of EU Parliament Trade Committee Has ‘Doubts’ About Deal With US
‘It’s Scary’ – Crypto Workers Under Siege From North Korean Hackers
RBC BlueBay Says ESG Is ‘Extremely Important’ for Investors
Missing Billions in Pakistan Expose Grim Reality of Global Climate Finance Aid
Markets/Coverages: AXA XL Launches Portal for Multinational Clients
East News
Mass. Orders Insurers to Cover State-Backed Vaccines, Even Without CDC Support
Massachusetts Governor Maura Healey said Thursday the state had ordered insurers to cover vaccines backed by its health department, even if the U.S. Centers for Disease Control...
Maryland Moves to Deny Liability Limit Sought by Ship Manager in Key Bridge Collapse
States, Orsted File Challenges to Trump Wind Farm Stoppage
Trump to Ask Supreme Court to Toss Carroll’s $5 Million Abuse and Defamation Verdict
People Moves: Judd Joins AXA XL Energy
Pennsylvania Man Charged in $400 Million ATM Fraud
Midwest News
People Moves: Alliant Human Capital Names Muller as Vice President
Alliant Human Capital, a division of Alliant Insurance Services, announced the appointment of Brian Muller as Vice President. Muller brings more than 15 years of experience in...
Minnesota Governor to Call Special Session on Gun Laws After School Shooting
Brightway Expands With Acquisition of GlobalGreen Agency
South Dakota Father and Son to Pay $4M in Crop Insurance Fraud Case
Steadfast Group Acquires Novum Underwriting Partners
Big 12 Enhances Allstate Partnership with Year-Round Championship Series
Texas / South Central News
Insured Losses in Texas Exceed $47 Billion in 2024
Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property and casualty market report from the state's insurance council....
Cultivated Meat Companies Sue Texas Over Its Lab-Grown Meat Ban
Tesla Says Its Robotaxi App Now Open to Public Riders
River Valley Underwriters Acquires Texas’ Patriot National Underwriters
AccuWeather: Warm Gulf Water Could Fuel Storm Intensification in September
Texas Lawmakers Fail to Reach Agreement on THC Ban
Southeast News
Alabama DOI Extends Moratorium on New Captives, Risk Retention Groups
Alabama's insurance commissioner has extended a moratorium on new captive insurance companies and risk retention groups until at least next summer. The bulletin, posted this...
Smith to Replace Retiring Gunn as Deputy Commissioner at ALDOI
With Storms, Flooding and Potential FEMA Cuts, Parametric Flood Is on the Rise
Brightway Expands With Acquisition of GlobalGreen Agency
2 Adults Killed, 7 Children Injured in ATV Accident in Alabama Off-Road Park
Miami Football Player Charged With Vehicular Homicide Following May Crash
West News
Containment Grows on Wildfires That Forced Evacuations, Destroyed Buildings
Firefighters are slowly gaining on several wildfires burning in the foothills of the Sierra Nevada area, forcing evacuations and destroying buildings in a historic mining town....
SAIF in Oregon Declares $50 Million Dividend
US Government Says Southern California Edison Should Pay for LA Fire Costs
Lightning-Sparked California Fires Force Evacuations and Destroy Buildings
California, Oregon And Washington Form Health Alliance Amid Federal Vaccine Tensions
Poll: Most Pacific Northwest Residents Expect Big Quake, But Most Aren’t Prepared