Recent Insurance Industry News

Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal

• US P/C Industry Records $16 Billion Underwriting Income in Q1

• Scammers Used Gemini AI to Help Build Spam Messages, Google Says

• Supreme Court Shields Investment Funds From Shareholder Lawsuits

• People Moves: CRC Specialty Names Levy National ExecPro Leader; GEICO Names Foy CFO; Geller to Lead Wholesale Financial Lines at AXIS

• Solar Power Hits New Milestones in the US

US Ships Escort Oil Tankers Through Hormuz at Night, Burgum Says

• Trump Insists Iran Deal Is Close After Scrapping New Strikes

• South Korea Fines Coupang Record $409 Million for Data Breach

• Novo Nordisk Flags Patient Data Breach From Some Clinical Trials in Cyberattack

• UK Venture Plans Europe’s Largest Plant for Capturing CO2 From Air

• People Moves: Willis Re Taps Ogilvie and Dart From Carpenter for Key Roles in London, Bermuda; Aon Promotes Dando as Chief Broking Officer for Global Broking Center

Virginia Says Airbnb Lacks Insurance License to Offer Host Damage Protection Plan

• Motorists Sue NY County Over 1.6 Billion License Plate Scans

• Markets/Coverages: Distinguished Programs Expands Into Reinsurance Led by DiPaola

• People Moves: PIA New Jersey Elects New Leadership

• Nonprofit Hospital Entitled to Liability Cap But Not Immunity, Says NJ Supreme Court

• Uber Sues New York City Over ‘Reckless’ Driver Protection Law

Inszone Acquires Nebraska’s Sommelier Insurance Group

• Multiple Tornadoes Cause Damage in Illinois and Indiana

• Nebraska Settles With Company Regarding Overpriced COVID Tests

• Union Bay Acquisition Acquires Michigan-Based Arlington Agency

• Michigan, Canada Plan Opening of Bridge Trump Threatened to Block

• Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency

5th Circ. Affirms Conviction of Ex-Texas Police Chief in Insurance Fraud Case

• Houston Businessman Pleads Guilty in Arson-for-Hire Scheme

• Texas to Set Rules for Using Treated Fracking Water on Farms

• Tesla’s Robotaxi Falls Short With Long Waits and Stalled Rides

• Texas Governor Candidates Start Over Corpus Christi Water Woes

• Flesh-Eating Cattle Parasite Spreads Beyond Texas

Climate Change Making Coastal Floods More Likely, Study Finds

• US Declares Power Emergency in Southeast as Heat Strains Grids

• Florida Property Tax Cut Could Strain Local Credit, S&P Says

• Eli Lilly Wins Court Order in Fraud Allegations Against Florida, TN Pharmacy Groups

• Impeachment Sought on Federal Judge Over Sex in Chambers, Lying to Investigators

• People: Moore Takes Over as President of Independent Agents of Georgia

Two California Insurance Commissioner Candidates Are Left, and Reform Is Coming

• Man Sentenced Over False FEMA Claims for Lahaina, California Wildfires

• California Company Paying $3.3M to Resolve False Claims Allegations

• Man Accused of $37 Billion LA Fire Is Innocent, His Lawyer Says

• xAI Accused of Illegally Firing California Engineer Who Raised Safety Concerns

• Report: Rising CT Claims Driving Shifts in Comp Costs and Patterns in California