Recent Insurance Industry News

P/C Statutory Results: The Highs and The Lows

• Planet-Warming El Niño to Form by September, US Forecasters Say

• Only 3 in 10 Americans Review Insurance Annually, Says Big I Survey

• Prices for New Cars Have Soared. Here’s One Big Reason Why

• Neptune Flood Launches App in ChatGPT to Get Preliminary Flood Insurance Quotes

• US Commodity Regulator Kicks Off Rulemaking for Prediction Markets

Iran’s New Supreme Leader Vows to Keep Hormuz Shut, Netanyahu Issues Threat

• Top Africa Insurer Sanlam Flags ‘Massive’ Risks From Iran War

• Estee Lauder Companies Sues Perfumer Jo Malone, Zara UK for Using Malone Name

• Satellite Firm ICEYE Targets €1 Billion Revenue Next Year

• Canadian Telecom Telus Says It’s Investigating Cyber Breach

• Markets/Coverages: Coalition Provides Expended Cyber Protection in Canada

Judge Weighs If Penn Must Produce Jewish Employees’ Records for Antisemitism Probe

• Viatris Settles Lawsuit Over Use of Maryland Woman’s Cells in Drug Research

• 40 Cars Recovered in Takedown of Million Dollar Stolen Vehicle Sales Operation

• AM Best Revises Outlooks to Positive for Plymouth Rock Assurance Group

• Appeals Court Overturns $481M Award to Columbia University Over Software Claim

• People Moves: MEMIC Group Names Keck as East Vice President

Retailers Casualty Offers $1M in Dividends to Safe Employers

• People Moves: Anders Joins Alliant Insurance Services’ Employee Benefits Group

• AM Best Upgrades Credit Ratings for Members of CapSpecialty

• Suspect Killed After Ramming Vehicle Into Michigan Synagogue

• Former Michigan Linebackers Coach Sues University Over Firing

• Tornadoes Level Homes in Illinois and Indiana

Retailers Casualty Offers $1M in Dividends to Safe Employers

• Insurers Under Allstate Group File Louisiana Rate Decreases for Personal Auto

• Delivery Service Company Faces Allegations of Pregnancy Discrimination in Louisiana

• Syngenta to Cease Global Production of Toxic Herbicide

• Natural Gas Boom Will Spur a Shortage of US Fracking Gear, Shale Boss Says

• ExxonMobil Set to Move to Texas In Search of Business Friendly Environment

People: Housse Heads Facultative for Gallagher; Coggiola to SC Work Comp Board

• Retailers Casualty Offers $1M in Dividends to Safe Employers

• Kentucky Launches $5 Million Roof Grant Program

• NC Insurance Agent Posts Statement After Arrest on Embezzlement Charges

• Mississippi Jury Acquits Engineer Charged With Lying About 2017 Plane Crash

• Florida Bill Passes, Easing Agency Customer Reps’ Education Requirements

Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods

• Muni Bonds in California Get Expensive Amid Flurry of Demand

• People Moves: Surplus Lines Association of Washington Elects Board of Directors

• Once a Beacon of Cheap Homes, Nevada Is a Symbol of the Struggle With High Costs

• Vouch in California Adds Financial, Health & Life Sciences and Professional Services

• Millionaire Tax Advances in Washington State as Legal Duel Looms