Recent Insurance Industry News

Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best

• US Supreme Court to Hear Bid by Oil Companies to Toss Climate Suits

• FedEx Sues US for Refund on Trump’s Emergency Tariffs

• Trump Family’s Crypto Venture Says It Faced ‘Coordinated Attack’

• People Moves: Rodriguez To Lead EPIC National Real Estate; AXA XL Names Carnazza Head of Construction Property, Americas; Wischmeyer Joins Marsh’s Digital Infrastructure Practice

• Carmakers Push Toward ‘Eyes-Off’ Driving, Raising Questions of Safety, Liability

UK Sanctions New Zealand Insurer Maritime Mutual After Reuters Report

• Sompo Holdings Completes Acquisition of Aspen, Taking it Private

• Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos

• Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best

• Marsh Mulls Sale of PCS, Financial Risk Manager for Super Rich Asians

• UK Targets Russian Oil Fleet With Biggest Sanctions Hit in Years

Blizzard Caused Up to $38 Billion in Estimated Damage, Economic Loss: AccuWeather

• Over 2,000 Flights Canceled, 380,000 Homes Without Power as Storm Effects Continue

• Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent

• Amica Insurance Ad Campaign Features Celtics Star Tatum’s Comeback From Injury

• Former Connecticut Police Chief Arrested for Allegedly Stealing From Department Funds

• New York City Isolated by Snowstorm as Thousands of Flights Canceled

AbbVie Invests $380M to Expand Illinois Manufacturing for Neuroscience, Obesity Meds

• Kansas at Vanguard of Denying Trans Identities on Drivers Licenses With New Law

• Wisconsin Lawmakers Pass Expanded Medicaid for Moms

• South Dakota Considering Bill APCIA Says Could Increase Auto Insurance Costs

• Trump-Backed Ohio Gas Plant Could Become Biggest US Power Polluter

• Judge in Michigan Charged With DUI After Car Strikes Signs

Waymo to Debut in Biggest Texas Cities After New York Setback

• Oklahoma Captive insurance Program Adds 10 Insurers

• Oklahoma Medical Practice to Pay $90K in Pregnancy Discrimination Lawsuit

• Cattle Ranchers Search for Feed as Wildfires Burn Grazing Lands

• Lawsuit Alleges Chiefs Receiver Rashee Rice Assaulted Former Girlfriend

• Duffy Will Brief Congress Next Week on El Paso Shutdown

Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case

• Mississippi Hospital System Closes All Clinics After Ransomware Attack

• NC House Fire That Killed Hamlin’s Father Ruled Accidental But Cause Unknown

• Florida House Asks Voters to Consider Cutting Most Homes’ Property Taxes

• FIGA Moves to End 1% Assessment for Insolvent Insurer Claims 2 Years Early

• Neptune Reports Drop in Profit for 2025 But Strong Growth After IPO

California Seeks Injunction to Stop Amazon’s Alleged Stifling of Price Competition

• Push to Tax California Billionaires Causing Political Stir

• Viewpoint: Claims Handling Breakdowns From LA Wildfires One Year on

• Berkshire’s Pacificorp Pays $575M to Settle Oregon, California Wildfire Claims

• Ski Guides in Spotlight as Investigators Probe Deadly California Avalanche

• People Moves: Arrowhead Intermediaries Names Curcio EVP, Arrowhead Specialty