Recent Insurance Industry News

Marsh Awarded Injunction Against Former Employees Now With Howden US

• ‘Meaningful Decline’ in Industry Q1 Underwriting Profit Expected From Winter Storms

• Majority of Companies Worldwide See AI Benefits; Coverage Vague

• Root Inc. Reports Record 2025 Net Income as Policies Grow

• L’Oreal, Dyson, Bausch + Lomb Become Latest to Sue for Trump Tariff Refunds

• People Moves: Former USAA CEO Named to Cotality Board; Chubb Names MacLean ESIS Division President; BHSI Promotes in Property

Insurers See Themselves Shielded From Private Credit Worries

• EU Seeks G7 Coordination on Maritime Services Ban on Russian Seaborne Oil

• Canada’s Desjardins Scouts for Hires and Deals to Expand Wealth, Capital Markets

• Arthur J. Gallagher & Co. Acquires German Broker Krose GmbH & Co.

• Fidelis Insurance Group to Rebrand as Pelagos Insurance Capital in 2026

• T. Rowe Among Signatories to Resurrected Net Zero Alliance

Cleaning Up Potomac River Sewer Spill Could Take Months

• Judge Dismisses Ex-Commissioner’s Lawsuit Alleging ‘Systemic Corruption’ in NYPD

• Safety Insurance Drove Up Net Income by 40% in 2025

• AI Lost Out to Traditional Models in Forecasting NYC’s Blizzard

• Deep-Sea Tech Being Deployed to Find Sunken Fishing Boat Off Massachusetts

• Tow Truck Operator and Used Car Dealer Sentenced for Car Theft Scheme

Minnesota Resolves Suit Against Fleet Farm for Negligent Firearm Sales

• Relation Acquires Illinois’ Thorn Creek

• Michigan Health Care Provider Sued for Race Discrimination

• WalkerHughes Acquires Ohio’s Sacksteder Worland Insurance Agency

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

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

Lead Detected in New Orleans Homes Amid Delayed Pipe Replacement

• Families of Flood Victims Texas Over Camp Mystic Disaster Response

• TWIA Board Sets $4.3B as 1-in-50 Probable Maximum Loss for 2026 Storm Season

• Vistria Acquires Texas-Based MGA Lumen

• Tree-Planting in Louisiana Wetlands Aims to Rebuild Natural Barriers

• Waymo to Debut in Biggest Texas Cities After New York Setback

King Risk Expands With Acquisition of Lewis Agency in Georgia

• Florida Cabinet Approves Land Transfer for New Rays Stadium in Tampa

• People Moves: AEU Names Lake VP and Loss Control Director

• Florida OIR Slams Committee-Approved Clearinghouse Bill Changes as ‘Illusory’

• Alabama Governor Signs Law Barring New Environmental Regulations

• NC State Workers Should Seek Comp Benefits, Not Constitutional Claims, Court Told

San Diego Approves $6M Settlement With Insurers for Flood Damage

• People Moves: Delos Insurance Promotes, Hires Leadership Team Members

• Former California Insurance Agent Arraigned on Grand Theft And Embezzlement Charges

• DOJ Sues UCLA Claiming It Ignored Antisemitism Toward Staff

• Wynn Resorts Says Hackers Stole Employee Data

• California Vocational School CEO Charged in Worker Education Benefits Scheme