Recent Insurance Industry News

Google and Meta Denied New Trial in Youth Social Media Addiction Case

• US Derivatives Regulator Maps Out Rules for Soaring Prediction Market Industry

• People Moves: Andersen to Lead Nationwide Agribusiness Distribution; Ascot Names Eppers Group Chief Investment Officer; Baron Joins Zurich as US Head of Energy

• WR Berkley Founder and Executive Chairman Dies at 80

• US Customs Agency, Trade Judge to Seek Path to Final Tariff Refunds

• CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino

Viewpoint: Insurers Seek to Navigate Cost of Capital Hurdles to Better Fund Their Futures

• US, Iran Exchange Strikes, Putting Lasting Peace Deal at Risk

• Australia Insurance Broker Steadfast Gets Offer From Amwins, PE Firm Dragoneer

• Britain’s Garden Habits Are Making Their Homes Harder to Insure

• Anti-Migrant Violence Condemned After Belfast Knife Attack

• Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz

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

• As Pennsylvania Cracks Down on AI, Multiple Chatbots Continue to Pose as Doctors

• Connecticut Drivers to Lose License for Repeatedly Failing to Stop for School Bus

• Massachusetts Cites Worsening Drought Conditions as Summer Arrives

• Workers’ Compensation Costs Running High in Pennsylvania: WCRI

• ANV Group Adds Another Workers’ Compensation Agency to Its Roster

Michigan, Canada Plan Opening of Bridge Trump Threatened to Block

• Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency

• NFP Acquires Kansas’ Signature Personal Insurance

• Company Ordered to Pay $500K Fine for Violating Asbestos Regulations in Michigan

• Tyco to Pay $10M Settlement With Wisconsin Over PFAS Contamination

• Illinois Joins Ohio in Ordering Pause on Data Center Tax Credits

Flesh-Eating Cattle Parasite Spreads Beyond Texas

• Texas Governor Recommends Sweeping Data Center Regulation

• Rio Grande Valley Farmers Are Bracing for Severe Drought

• Texas Governor Vows Sped Up Construction of Screwworm Fly Breeding Facility

• People Moves: CorVel Names Scott as CEO and President

• Deadly Screwworm Pest Spreads in Texas With Two New Cases

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

• Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit

• Palm Beach Agent Charged With Keeping $90,000 in Surety Bond Payments

• Dozens of Immigrant Workers Detained at Carolina Metal Castings Plant After Raid

• USAA Not Done With Dividends: Florida Reforms Prompt $500M Payout

• Judge Won’t Bend on $256M Defamation/RICO Verdict Against Human Rights Lawyer

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

• Inszone Acquires Professional Insurance Strategies in Arizona

• Trial Begins for Man Accused of Sparking Deadly Palisades Fire

• PG&E Could Cut Power in 8 California Counties Due to Winds, Fire Danger