Recent Insurance Industry News

Supreme Court Shields Investment Funds From Shareholder Lawsuits

• WTW: US Commercial Rates Continue Moderation With 2.5% Increase in Q1

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

• USDOT Rescinds ‘Disparate Impact’ Civil Rights Regulation

• Lockton Reports Organic Revenue Growth of 11% for Fiscal Year 2026

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

South Korea Fines Coupang Record $409 Million for Data Breach

• China Evergrande’s Liquidation Prompts Some PwC Partners to Weigh Shielding Assets

• Trump Says US Will Hit Iran ‘Very Hard Tonight,’ Wants Control of Energy Infrastructure

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

• Indian-Crewed Tanker Hit off Oman in Suspected Third US Strike This Week

• MFS Collapse Triggers Probe Into Failed UK Lender’s Auditors

Motorists Sue NY County Over 1.6 Billion License Plate Scans

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

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

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

• Ben & Jerry’s Co-Founder Says Brand Being ‘Destroyed’ by Magnum

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

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

• NFP Acquires Kansas’ Signature Personal Insurance

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

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

• 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

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

• 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

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

• Inszone Acquires Professional Insurance Strategies in Arizona