Recent Insurance Industry News

Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI

• ‘Decisive Sign of a Softened Market’: Premiums Decrease Across All Accounts

• US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years

• Meta Settles First Case Over School Costs Tied to Youth Mental Health: Court Filing

• People Moves: Howden Names Jimenez Leader of US Aviation Practice; Liberty Promotes Hyatt to Head NA Distribution, Client Engagement

• Shareholders Press Big Tech Over AI Energy Use and Climate Goals

Airbus, Air France Found Guilty of Manslaughter Over 2009 Atlantic Crash

• Shell in Top Dutch Court Fight Over Call to Slash Emissions

• Satellite Images Show Persian Gulf Oil Slicks Growing During War

• Ebola Outbreak Likely Started Months Ago, Spread Undetected: WHO

• Markets/Coverages: Canopius Insures Cyber-Triggered Spoilage of Perishable Stock

• People Moves: Markel Taps Talbot’s O’Donoghue to Lead Fine Art & Specie for London; Aon’s Global ReSpecialty Team Promotes Mitchell, Hires Floodflash’s Rimmer

Judge Refuses to Delay Civil Trial Over Fatal Baltimore Bridge Collapse

• Vermonters to Vote on Equal Protection Amendment to State Constitution

• New York Issues Cybersecurity Tips for a ‘Heightened Threat’ Climate With AI

• NY Archdiocese Can Depose Chubb CEO Greenberg in Clergy Abuse Claims Case

• Maine High Court Upholds Claims Settlement, Case Dismissal Over Insured’s Objection

• Sands Point Risk Acquires New Jersey’s Launch Environmental Underwriters

People Moves; Church Mutual Names Kim as CFO, Promotes Schmeltzer to VP of Underwriting, Religious Markets

• Ohio Man Sentenced for Causing $860K in Computer Fraud Losses

• US Finalizes Easement for Dakota Access Crude Oil Pipeline

• One of World’s Largest Energy Storage Plants Launches in South Dakota

• AM Best Revises Outlooks to Stable for Missouri Valley Mutual

• Michigan Secures Settlement With Car Financing Company Over Auto-Repair Agreements

Rainy April Delays Corpus Christi’s Projected Water Crisis by 3 Months

• Arkansas Lawsuit Alleges Discrimination by White Nationalist Group in Land Sale

• Texans Hate Data Centers So Much They Are Asking Jesus for Help

• Texas Summer Camps Face Closure Due to New State Regulations

• Small Plane Crash Near Austin Caused by Inflight Breakup, Report Finds

• Death at SpaceX’s South Texas Facilities Prompts Workplace Safety Investigation

Delay in Calling Police Does Not Wreck UM Claim, WV Supreme Court Says

• OSHA Has 6 Inspectors for 60,000 West Virginia Workplaces

• These Homeowners Got an Energy-Bill Lifeline. Trump Yanked It Back

• Reaction Muted After Former Staffer Details Texts From NC Insurance Commissioner

• Three New HO Carriers and an Improving Condo Market in Florida, Reports Show

• Insurance Agent, Former Lawmaker in Runoff in Georgia Insurance Commissioner Race

Gov. Newsom Issues Executive Order to Prep Workers, Businesses for AI Disruption

• People Moves: Commissioner Kuderer to Chair NAIC’s Child Care Insurance Group

• What to Know About Midair Collision Between Navy Jets at Idaho Air Show

• Containment Grows on California Wildfire That Forced Thousands to Evacuate

• Report: California Independent Medical Review Overturned Most Treatment Requests

• New Mexico Politicians Grapple With Oil Windfall From Iran War