Recent Insurance Industry News

Federal Judge Sends Bayer’s $7.25B Roundup Settlement Back to State Court

• Major Hack Campaign Against Fortinet Devices Hits Prominent Organizations

• Some States Are Forging Ahead With AI Regulations

• Amazon Faces Billions in Penalties From Potential FTC Ad Suit

• People Moves: Hiscox Appoints Bailey as Head of Channel, Traded and Corix; CRC Group Names Greenwood CEO of Underwriting Division

• Waymo Recalls Thousands of Robotaxis Over Risk of Entering Construction Zones

Zurich Sees Data Center Boom Spurring Insurance Securitization

• First Tankers Cross Strait Under Iran Deal; Israeli Strikes Raise Doubt in Lebanon

• Zurich’s Planned £8.1B Acquisition of Beazley Gets Regulatory Nod in Australia

• Wanted: War-Zone Divers to Scrape Barnacles From Ships in Persian Gulf

• Bulgarian Surveillance Firm Circles Sold Phone Spy Tools to Repressive States: Report

• Read 14-Point Draft Memorandum of Understanding Between the US and Iran

Mangione Drops Psychiatric Defense Bid for New York Murder Case

• Accused Insurer CEO Killer Mangione Could Face Hurdles With Mental Health Defense

• World Insurance Adds Wolpert Agency of Massachusetts

• Pennsylvania Workers’ Comp Ban on Self-Referrals Does Not Apply to Pharmacies

• Citi Exec Alleges She Was Fired for Raising Trump-Related Compliance Issues: FT

• Washington National Airport Will Halt Operations for Most of July 4th

People Moves: Sunstar Names Hearst as EVP, National Growth and Sales Strategy

• Biofuels Are Key to Avoiding Sharp Farmland Drop, S&P Says

• Federal Investigators Probe Fatal Plane Crash Involving Skydivers in Missouri

• NTSB: North Dakota Derailment Proves the Need to Replace Flawed Tank Cars

• Ohio Lawmakers Pass Bill to Combat Catalytic Converter Thefts

• Michigan Man Charged With Setting Fire to Church

Uber to Offer Robotaxis in Houston With Lucid and Nuro, Posing Challenge to Waymo

• Wastewater Leak Under Texas Church Parking Lot Causes Millions in Damage

• Capital Factory CEO Killed in Private-Jet Crash in Texas

• Tropical Storm Arthur to Bring Heavy Rainfall to Gulf Coast States

• Drones Banned from Flying Over Dallas Stadium During World Cup Matches

• Oklahoma Insurance Commissioner Race: Sullivan, Quinn Advance to Runoff

People Moves: Fortegra, Alabama DOI Put New Faces in Key Roles

• Scientists Found the Coral Reefs That Can Survive Climate Change

• Higginbotham Teams With South Georgia’s Blanton & Griffin Agency

• To Carriers’ Relief: New Florida Rule Won’t Count Mediation Requests as Complaints

• Former Lawmaker to Face King in Georgia Commissioner Vote in November

• Wrong-Way AI Trade Costs Florida Stock-Picker $50 Billion

California Homeowners Insurance Costs Still 41% Below National Average, Report Shows

• Zurich Files Growth Plan Under California Sustainable Insurance Strategy

• People Moves: Ward Joins Alliant Insurance Services Benefits Team as SVP; Delos Appoints Cammet Chief Product Officer

• DOJ Accuses UC Davis School of Medicine of Racial Discrimination in Admissions

• Washington Restaurants Ordered to Pay $750K in Back Wages

• Patagonia Sues Pattie Gonia, A Drag Performer in Oregon With An Enviro Message