Recent Insurance Industry News

Amex, Deere, J&J Abandon Board Diversity Rule, Activist Says

• Tesla Must Face Lawsuit Alleging Anti-American Bias in Hiring, Judge Rules

• Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best

• US Supreme Court to Hear Bid by Oil Companies to Toss Climate Suits

• FedEx Sues US for Refund on Trump’s Emergency Tariffs

• Trump Family’s Crypto Venture Says It Faced ‘Coordinated Attack’

Surge of Insurance Capital Into Private Markets Boosts Hiring, Pay Deals

• Tycoon Richard Li’s Bolttech Is Said in Talks to Buy MoneyHero

• UK Sanctions New Zealand Insurer Maritime Mutual After Reuters Report

• Sompo Holdings Completes Acquisition of Aspen, Taking it Private

• Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos

• Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best

Deep-Sea Tech Being Deployed to Find Sunken Fishing Boat Off Massachusetts

• Tow Truck Operator and Used Car Dealer Sentenced for Car Theft Scheme

• People Moves: SAN Group Names Marcou; Underwood Joins Alliant

• Blizzard Caused Up to $38 Billion in Estimated Damage, Economic Loss: AccuWeather

• Over 2,000 Flights Canceled, 380,000 Homes Without Power as Storm Effects Continue

• Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent

WalkerHughes Acquires Ohio’s Sacksteder Worland Insurance Agency

• AbbVie Invests $380M to Expand Illinois Manufacturing for Neuroscience, Obesity Meds

• Kansas at Vanguard of Denying Trans Identities on Drivers Licenses With New Law

• Wisconsin Lawmakers Pass Expanded Medicaid for Moms

• South Dakota Considering Bill APCIA Says Could Increase Auto Insurance Costs

• Trump-Backed Ohio Gas Plant Could Become Biggest US Power Polluter

TWIA Board Sets $4.3B as 1-in-50 Probable Maximum Loss for 2026 Storm Season

• Waymo to Debut in Biggest Texas Cities After New York Setback

• Oklahoma Captive insurance Program Adds 10 Insurers

• Oklahoma Medical Practice to Pay $90K in Pregnancy Discrimination Lawsuit

• Cattle Ranchers Search for Feed as Wildfires Burn Grazing Lands

• Lawsuit Alleges Chiefs Receiver Rashee Rice Assaulted Former Girlfriend

Florida OIR Slams Committee-Approved Clearinghouse Bill Changes as ‘Illusory’

• Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case

• Mississippi Hospital System Closes All Clinics After Ransomware Attack

• NC House Fire That Killed Hamlin’s Father Ruled Accidental But Cause Unknown

• Florida House Asks Voters to Consider Cutting Most Homes’ Property Taxes

• FIGA Moves to End 1% Assessment for Insolvent Insurer Claims 2 Years Early

Trump Officials Accuse UCLA in Lawsuit of Ignoring Antisemitism

• Wynn Resorts Says Hackers Stole Employee Data

• California Vocational School CEO Charged in Worker Education Benefits Scheme

• California Seeks Injunction to Stop Amazon’s Alleged Stifling of Price Competition

• Push to Tax California Billionaires Causing Political Stir

• Viewpoint: Claims Handling Breakdowns From LA Wildfires One Year on