Recent Insurance Industry News

WR Berkley Founder and Executive Chairman Dies at 80

• US Customs Agency, Trade Judge to Seek Path to Final Tariff Refunds

• CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino

• Consultant Diversity Labs Forced to Shut Down After DEI Investigation by FTC

• Anthropic Releases Mythos-Like Model Without Cyber Capabilities

• Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns

US, Iran Exchange Strikes, Putting Lasting Peace Deal at Risk

• Australia Insurance Broker Steadfast Gets Offer From Amwins, PE Firm Dragoneer

• Britain’s Garden Habits Are Making Their Homes Harder to Insure

• Anti-Migrant Violence Condemned After Belfast Knife Attack

• Two Crew Missing After Suspected US Strike on Tanker off Oman

• Banks Face Extra £6B Cost if Motor Finance Compensation Plan Is Thrown Out: UK’s FCA

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

• Connecticut Drivers to Lose License for Repeatedly Failing to Stop for School Bus

• Massachusetts Cites Worsening Drought Conditions as Summer Arrives

• Workers’ Compensation Costs Running High in Pennsylvania: WCRI

• ANV Group Adds Another Workers’ Compensation Agency to Its Roster

• 8 Charged With Faking Shippers’ IDs to Steal Meats, Cheeses, Copper and Cigarettes

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

• Tyco to Pay $10M Settlement With Wisconsin Over PFAS Contamination

• Illinois Joins Ohio in Ordering Pause on Data Center Tax Credits

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

• People Moves: CorVel Names Scott as CEO and President

• Deadly Screwworm Pest Spreads in Texas With Two New Cases

• Texas Children’s Hospital to Pay $10M as Part of Detransition Settlement

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

• USAA Not Done With Dividends: Florida Reforms Prompt $500M Payout

• Judge Won’t Bend on $256M Defamation/RICO Verdict Against Human Rights Lawyer

• People Moves: Florida Lawyers Mutual Names Coady CEO

Inszone Acquires Professional Insurance Strategies in Arizona

• Trial Begins for Man Accused of Sparking Deadly Palisades Fire

• PG&E Could Cut Power in 8 California Counties Due to Winds, Fire Danger

• Markets/Coverages: Alliant in California Rolling out Retirement & Wealth Business

• Jury Awards $176M for Wrongful Deaths of Brothers Hit by California Socialite’s Car

• California Mortgage Servicer Settles for $4.6M Over Pandemic Foreclosure Violations