Monthly Archives: <span>February 2025</span>

Lawsuit Alleges GM Illegally Sold Arkansans’ Driving Data to Insurance Companies

Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who then sold the data to insurance companies. The lawsuit alleges …

Trial Begins in Texas Pipeline Company’s Lawsuit Over Dakota Access Pipeline Protests

An attorney for a Texas pipeline company said Wednesday at trial that he will prove various Greenpeace entities coordinated delays and disruptions of a controversial oil pipeline’s construction in North Dakota, and defamed the company to its lenders. Attorneys for …

Texas Lawmakers Introduce Legislation to Address Wildfire Risks and Ignition Sources

A year after devastating wildfires engulfed the Panhandle, killing three people and burning millions of acres, Texas lawmakers have filed a slate of legislation aimed at mitigating the risks and damage of future blazes. Three Republicans — state Sen. Kevin …

Resilience: Third-Party Risk Involved in 31% of Cyber Claims

More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research from the San Francisco-based cyber solutions company found 31% …

People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers

Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3. In his new role, Faynberg will have executive operating responsibility to expand the company’s …

Edison Says Wildfire Fund May Shield Balance Sheet From LA Fire Claims

California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is found to have caused a deadly Los Angeles fire last month, Edison’s CEO said on Thursday. Southern California Edison, one …

Energy Transfer Fuel Leak in Pennsylvania Lasted 16 Months, PHMSA Says

A pipeline operated by Energy Transfer LP leaked jet fuel for at least 16 months, contaminating residential water wells in Pennsylvania, and the conduit may be at risk for further incidents, according to a preliminary investigation by regulators. Residents of …

John Morgan Wants New Political Party, May Run for Governor of Florida

The man who has been as much of a litigation nemesis to Florida property and casualty insurers as anyone is launching a new political party and may even run for governor next year. Orlando-based trial lawyer John Morgan, head of …

Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming

Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season – despite concerns about adverse reserve development — however, an availability crisis could be looming, AM Best cautions. In a new report, AM Best points …

Alabama Lawmakers Advance Bill Making it Harder to Sue Police for Excess Force

MONTGOMERY, Ala. (AP) — Divisive legislation that would expand legal immunity for police officers who use excessive force or kill someone in the line of duty advanced in the Alabama legislature on Wednesday, sparking outcry among civil rights attorneys and …