Recent Insurance Industry News

Supreme Court Split Over Bayer’s Fight Against Roundup Lawsuits

• Former Ransomware Negotiator Pleads Guilty to Aiding Attackers

• With Lower Q1 Insured Losses, Re/insurers Well-Placed for More Costly Quarters Ahead

• AIG Completes CEO Succession Plan With Anderson to Takes Reins

• Trend of Fewer Insurance M&A Deals ‘Bottoming Out’: OPTIS

• Supreme Court Hears Bayer’s Fight Against Roundup Lawsuits

Hormuz Shipping Traffic Remains Muted With no US-Iran Deal in Sight, Data Shows

• Europe’s Markets Watchdog Warns Cyber Threats Are Growing as AI Speeds Up Risks

• With Lower Q1 Insured Losses, Re/insurers Well-Placed for More Costly Quarters Ahead

• General Atlantic-Backed Indian Insurer Acko Eyes Up to $2.5B Valuation in IPO: Sources

• Iran War Disrupts the Circuit Board Supply Chain, Raises Costs for Tech Firms

• People Moves: Beazley Taps Khera From AXA XL as Head of Marine

NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights

• CFTC Sues New York to Block Oversight of Prediction Markets

• People Moves: HUB’s Drayer Joins Patriot Growth as Northeast President

• Maryland Top Court Nixes Baltimore’s $152 Million Opioid Public Nuisance Verdict

• Maine Governor Blocks First State Freeze on New Data Centers

• Mass. Top Court Upholds $56 Million Damages Award Against Philip Morris

Midwest Braces for Severe Weather: Missouri, Illinois, and Indiana at High Risk

• Michigan Cleared in Lawsuit Over 2020 Dam Collapse

• Massive Ice Sheets Threaten Homes in Northern Michigan

• Inszone Acquires Michigan’s James R. Vozar Insurance Agency

• Midwest Soybean Farmers Face Financial Struggles Amid Rising Costs

• Drought and Wildfires Pose Threat to US Cattle Ranchers

Company Ordered to Compensate Worker Fired for Reporting Safety Concerns

• Tornado Tears Through Oklahoma Town, Damaging 40 Homes

• A 50% Surge in Zombie Oil Wells Prompts Texas to Crack Down on Toxic Water Leaks

• FTC Settles Case Against Anesthesia Company

• State Farm Paid a ‘Hail’ of a Lot of Claims in 2025

• AM Best Upgrades Credit Rating of Louisiana Farm Bureau

King Bars Policy Cancellations in Georgia Counties as Fires Spread From Helene Debris

• South Carolina Senate Votes to Suspend $1M Liquor Liability Insurance Requirement

• Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot

• Wildfires in Georgia and Florida Destroy 50 Homes and Force Evacuations

• Mississippi Law School Among First in Nation to Require AI Education

• As Planet Warms, IBHS Tests Homes to Find Best Protection From Wildfires

Travelers to Expand Homeowners Insurance Offering in California

• Colorado Funeral Home Owner Gets 30 Years in Case That Forced Industry Crackdown

• Water to Surge into Drought-Depleted Lake Powell But at Costs Elsewhere

• People Moves: Alliant Appoints Cusack as President, Alliant Property & Casualty

• As Planet Warms, IBHS Tests Homes to Find Best Protection From Wildfires

• Trump Says He’ll Probe Banks Over Response to LA Wildfires