Recent Insurance Industry News

Viewpoint: Tackling the Threat of Legal System Abuse

• Comulate Loses Appeal for Injunction Against Applied Systems

• Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino

• First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud

• Activision Shareholders Reach $250 Million Settlement Over Microsoft Buyout

• Trump Postpones Signing AI Security Order Over Parts He Disliked

Private Credit Losses May Hit Insurers More Than Banks, ECB Says

• Britain’s Navy Prepares to Clear Mines in Strait of Hormuz While Waiting for Peace Deal

• OpenAI’s Altman Says AI Unlikely to Lead to ‘Jobs Apocalypse’

• Saving Supply Chains From Climate Shocks Is a Lure for Investors

• Brazil Prosecutors Sue to Ban Weed Killer Glyphosate

• Markets/Coverages: Fidelis Partnership Boosts Automated Broker Submission Process

USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency

• Uber, Lyft Drivers in Massachusetts Form First US Ride-Share Union

• US Supreme Court Denies Meta’s Challenge to Vermont Social Media Addiction Lawsuit

• After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI

• JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims

• Beacon Mutual Begins Notifying Those Affected by Data Breach

Inszone Acquires Michigan’s Legacy Partners

• Record-Setting Drought Devastates Wheat Crop in Kansas

• 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

Texas Sues Discord Over Alleged Child Predator Exposure

• Inszone Acquires Texas’ Taylor Insurance Agency

• 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

Supreme Court Tosses Florida Suit Over Immigrant Driver’s Licenses

• Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms

• NC Jury Award for Workers Injured in Wall Collapse May be Largest in State History

• Insurance Firm Safepoint, Backers Seek $283.3 Million in IPO

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

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

Crest Insurance Group Names Hart Vice President, Employee Benefits

• California Narrows Evacuation Area With Risk ‘Off the Table’

• San Francisco Turns to AI to Avoid Collisions Between Ships And Whales

• Oil Pipeline Shut Down After East Los Angeles Rupture

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

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