Recent Insurance Industry News

Update: SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits

• People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer

• Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop

• Tesla Settles Another Fatal Crash Lawsuit Ahead of Jury Trial

• Microsoft Seizes 340 Websites Linked to Growing Phishing Subscription Service

• Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia

Climate Change Led to At Least 16,500 Heat Deaths in Europe This Summer

• Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia

• Jaguar Land Rover Cyberattack Fallout Spreads to Suppliers

• ChatGPT Was Used ‘to Help Scammers Do Their Thing’ at Asia Fraud Compound

• Most Corporate Climate Transition Plans Aren’t Credible, Study Finds

• Business Moves: Intermediary Specialist Risk Group Buys UK Broker Champion Insurance; Broker Clear Group Acquires UK Fire Safety Specialist Delco Safety

New York Executives Blast State Over Regulatory ‘Black Hole’

• Storage Facility Employee Dies in Golf Cart Rollover

• New York Financial Firm Invests $37.4 Million in New Jersey MGA Leap

• New York Unveils Rules to Ban Addictive Social Media Feeds for Kids

• Will Boar’s Head Virginia Plant Tied to Deadly Listeria Outbreak Reopen?

• Trump Administration to Award Contract for Research on Vaccines and Autism to RPI

Illinois Man Admits to Starting Fire at a Gas Station

• Michigan Auto Parts Manufacturer Sued for Discrimination

• EPA Settles Alleged Lead-Based Paint Violations With St. Louis Companies

• World Acquires Indiana’s Dunway and Hoosier

• Six States to Receive Federal Disaster Aid From Summer Floods

• People Moves: World Insurance Associates Adds Posey as Lead of Market Relationships

Jefferson Parish’s Improved Flood Rating to Bring Cost Savings for Residents

• Texas Drops Suit Against Doctor Accused of Illegal Care for Transgender Youth

• Camp Mystic Parents Pushed for Camp Safety Laws But Their Pain Remains

• Arkansas Pain Management Clinic and Hospital Settle Retaliation Lawsuit

• School Bus Carrying Oklahoma Softball Team Crashes, Injuring 7

• Skyward Specialty Names Zitzmann President of Inland Marine, Transactional Property

Georgia Man Charged Again in Selling Fake Workers’ Comp Insurance Certificates

• Moms Turn in Sons Charged With $50,000 in Vandalism at Florida School

• Authorities Examining Why Concrete Mixer Turned On, Killing Alabama Worker

• Citizens No Longer Winning Most Arbitration Cases. They’re Settling for Next to Nil

• People Moves: CRC Group Names Paris CRO, USG Adds Smith as Broker

• Fire and Explosion at North Carolina Manufacturing Site Under Investigation

People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Industry Verticals

• Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California

• Workers’ Comp Rate Increase Proposed in Washington

• Orion180 Launches Homeowners Product in California That Includes High-Risk Zones

• Tornadoes Destroyed Several Homes in Southeastern Utah

• California Lawmakers Pass Bill to Boost Oil Production