National News for March 2024
- Insurance Industry Readies for Historic Losses From Baltimore Bridge Tragedy
 - Baltimore Bridge May Trigger Historic Marine Loss, Lloyd’s of London Says
 - US Offers $10M Bounty for Information on ‘Blackcat’ Hackers Who Hit UnitedHealth
 - UnitedHealth Offers Over $3.3B in Loans to Providers Hit by Cyberattack on Unit
 - J&J Can Contest Evidence Linking Its Talc to Cancer, US Judge Rules
 - Asset-Backed Securities Face New Risks From US Court Decision
 - Private Space-Station Maker Sued Over Claims Radio Bands Misused
 - Deadly Lithium Battery Fires Force Lawmakers to Play Catch-Up on Safety
 - The Target Markets, The Institutes Launch Program Business Professional Designation
 - People Moves: Lockton Taps Marsh’s Gill to Build Technology Specialty Practice
 - Subaru to Recall More Than 118,000 Vehicles in US: NHTSA
 - FBI: Alaska Airlines Passengers Told They Might Be Crime Victims
 - Clorox Audit Revealed Cybersecurity Flaws at Its Plants in 2020
 - SEC Ramps Up Massive-Hack Probe With Focus on Tech, Telecom Companies
 - Participate in the Annual Young Agents Opinion Survey: Last Call
 - Viewpoint: The Impact of Climate-Driven Risk Reassessments on the Housing Market
 - The New Norm? Global Insured Losses for Nat Cats Keep Breaking Records: Swiss Re
 - Mexico’s Lawsuit Against Arizona Gun Dealers Can Proceed, US Judge Rules
 - 2023 Underwriting Losses Improve but Persist in US P/C Industry
 - Chubb: Middle Market Companies Post Record Gains
 - Musk’s X Corp. Loses Lawsuit Against Hate Speech Watchdog
 - Consumers Sue Apple, Taking Page From US Justice Department Lawsuit
 - US, UK Accuse China of Cyberespionage That Hit Millions of People
 - Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
 - North Korean Hackers Stalk Crypto Startups Scrimping on Security
 - People Moves: Hiscox Appoints Hellrung as US COO
 - NHTSA: Chrysler to Recall About 286,000 Vehicles Over Airbag Inflator Issue
 - FAA Weighs Curbing New Routes for United Following Mishaps
 - UnitedHealth Unit Will Start Processing $14B Medical Claims Backlog After Hack
 - Apple Antitrust Suit Mirrors Strategy That Beat Microsoft, but Tech Industry Has Changed
 - Challenges to SEC’s Climate Rules Sent to Appeals Court
 - Moody’s on Why 2023 Was So Warm and What Will Happen This Year
 - Biden’s LNG-Permit Halt Challenged by 16 States in Lawsuit
 - SpaceX Forced Workers to Sign Illegal Severance Agreements, Claims NLRB
 - Possibility of a Billion-Dollar Systemic Cyber Event ‘Is Real’
 - FDIC Draft Proposal: Bank Mergers Above $100B Get Extra Scrutiny
 - Chief Risk Officers Say Cybersecurity Most Pressing Risk: Survey
 - SEC Charges 2 Investment Firms, Doles Out $400,000 in Fines, for ‘AI Washing’
 - Justice Department Sues Apple in Antitrust Case Over iPhone
 - US Warns That Hackers Are Carrying Out Disruptive Attacks on Water Systems
 - EPA Bans Asbestos, Still in Use Decades After Partial Ban
 - Drugmaker Endo Receives Court Approval for Bankruptcy Restructuring
 - RT Specialty’s Austenfeld Elected WSIA President
 - Climate Change Speeds Up as Major Indicators Blow Off the Charts, WMO Warns
 - Marsh: Transactional Risk Insurance ‘Remained Resilient’ in 2023
 - Markets/Coverages: CFC Introduces Carbon Delivery Insurance Policy
 - Expert: ‘Unceasing Onslaught’ of Legal Ads Worth Insurance Industry Attention
 - Homeowners Insurance Customer Satisfaction at 7-Year Low
 - Bankrupt Crypto Lender Genesis to Pay $21M to Settle SEC Charges
 - Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk?
 - NAIC Names Bay State Insurance Commissioner as CEO
 - Former Markel Group CEO Kirshner, 88, Dies
 - Ferrari Sued for Failing to Fix ‘Life-Threatening’ Brake Defect
 - Realtor Group Strikes $418 Million Deal to End Suits Over Commissions
 - Viewpoint: The Imperative of Long-Term NFIP Reform
 - Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say
 - Apple, Investors Reach $490 Million Settlement in Fraud Case
 - Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case
 - Meta Loses Second Bid to Thwart FTC’s Change to Privacy Pact
 - Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil
 - US Appeals Court Temporarily Pauses SEC Climate Disclosure Rules
 - Apple Must Face Suit Claiming AirTags Are Weapon of Stalkers
 - People Moves: Moscowitz New COO at RT Specialty; Williams to Lead Nationwide’s Small Market Commercial Lines
 - Smartphone Screen Repairs Surge to $8.3B in 2023: Allstate Protection
 - Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup
 - Music Festivals Canceled This Year Reveal Rising Costs of Producing Large Events
 - Sierra Club Sues SEC for Weakening Climate Risk Disclosure Rules
 - Terrorist Threat to US Has Reached ‘Whole Other Level,’ FBI’s Wray Warns
 - State Farm Announces New CEO; Farney Succeeding Tipsord June 1
 - US Inflation Up Again in February in Latest Sign Price Pressures Remain Elevated
 - UnitedHealth Unit Change Healthcare’s Pharmacy Network Back Online
 - Eggland’s Best Is Sued Over Saturated Fat Claims for Its Eggs
 - Marsh Specialty: 2024 Elections to Direct Global Course for Next Decade-Plus
 - Viewpoint: Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation
 - Class Action Lawsuits Pile Up Over UnitedHealth Data Breach
 - Chubb’s Greenberg Defends Issuing Appeal Bond to Trump: ‘We Don’t Take Sides’
 - Russian Hackers Are Weaponizing Stolen Microsoft Passwords
 - Cancer Clinics Face Cash Crunch After Hack Rocks US Health Care
 - Tesla, Rivals Get Low Marks for Automated-Driving Technology
 - Hedge Fund That Rode Catastrophe Bond Rally Mounts Tactical Retreat
 - US Natural Gas Pipeline Accidents Pose Big, Unreported Climate Threat
 - Markets/Coverages: Aon Launches Partner Risk Insights
 - Twice as Many Personal Lines Insurers Downgraded by AM Best in 2023
 - Meta Sues Former Employee Over Alleged Stolen Documents
 - NHTSA Opens Probe Into Emergency Braking Issues in Certain Honda Vehicles
 - Rite Aid Opioid Settlement: Victims Will Likely Get No Payment
 - Nvidia Is Sued by Authors Over AI Use of Copyrighted Works
 - Pie’s Financial Strength Rating of A- Under Review by AM Best
 - Industry Trades Applaud New FIO-NAIC Partnership on Data Collection
 - FEMA Adds $575M Reinsurance Coverage for NFIP
 - Judge Blocks NLRB Rule on Contract and Franchise Workers
 - Microsoft Warns Russian Hackers Still Trying to Break Into its Systems
 - States Scramble to Catch Up on Oversight as AI Pervades Everyday Life
 - Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger
 - Trump Posts $91.6M Bond From Chubb Subsidiary in Carroll Case
 - Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat
 - Meta Seeks Dismissal of Shareholder Suit Alleging Failure to Address Human Trafficking
 - US Treasury Drops Plan to Collect Insurer Data on Climate Risks
 - Liberty Mutual Execs See Q4 Momentum as 2023 Income Falls
 - Former AIG Execs Launch E&S Company Dellwood Group for Small/Middle Sized Risks
 - Justice Department to Offer More Rewards to Corporate Whistleblowers
 - Booming Stock Market Leads to Higher US Household Wealth
 - People Moves: Aon Names Ahmed and Von Obstfelder Risk Analytics Product Leaders; Tokio Marine N. America’s Angelson Named C-Level Leader for Global Insurance Group
 - US Commercial Lines Survey Shows Aggregate Increase of 6.6% in Q4: WTW
 - Republican-Led States Sue SEC Over Climate Risk Disclosure Rules
 - Group That Sued Pfizer Over Diversity Program Loses Appeal
 - US P/C Industry Underwriting Loss Reaches 10-Year High: AM Best
 - ‘Exit Scam’ – Hackers That Hit UnitedHealth Pull Disappearing Act
 - Chemical Linked to Cancer Found in Acne Creams Including Proactiv, Clearasil
 - Giving Highlighted at Annual Philanthropic Roundtable
 - From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next
 - SEC Scales Back New Pollution-Disclosure Rules for Companies
 - Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey
 - OpenAI Fires Back at Musk Allegations With Trove of Emails
 - Bayer Notches More Wins in Roundup Weedkiller Cancer Trials
 - US Trade Groups Sue Over Biden Rule on ‘Gig’ Work, Contracting
 - People Moves: Lockton Re Taps Lewis From Zurich to Lead Cyber Practice in N. America; Sedgwick Names Liberty Mutual’s Fink as Chief Marketing Officer
 - Markets/Coverages: Falvey Launches Commercial Output Insurance
 - Toyota Recalls 380,000 Trucks Over Axle Issue That Could Raise Risk of Crash
 - Physician Group Asks US to Make Funds Available to Doctors Hurt by Change Hack
 - Berkshire Unit Added to Lawsuit Over Inflated Real Estate Commissions
 - Former Twitter Execs Sue Elon Musk for Over $128M in Severance
 - Hacker Forum: UnitedHealth Paid $22M Ransom in Bid to Recover Data
 - JetBlue, Spirit Airlines Call Off $3.8B Merger on Antitrust Hurdle
 - New Survey Reveals How Independent Agents Are Adapting to the Hard Market
 - Skeptical AM Best Tags US D&O Segment With Negative Outlook
 - 25 Straight Quarters of Premium Increases for Commercial Lines: CIAB Survey
 - US Judge Says Google Must Face Some Advertisers’ Antitrust Claims, Dismisses Others
 - AI Firms Face Growing List of Lawsuits. Here’s What to Watch
 - Spike in Recent Ratings Downgrades Shows Challenges for US Insurers
 - Ryan Specialty Q4 Net Income Up 28% on E&S Expansion
 - Supreme Court Opinion on Maritime Law Solidifies Insurer’s Choice-of-Law Clause
 - People Moves: Marsh McLennan Names Liston US, Canada Chief Commercial Officer
 - State Farm Sets Another Record With $14B Underwriting Loss in 2023
 - Job Cuts, Fleeing Investors: How Anti-DEI Lawsuits Take a Toll on Targets
 - Drugmaker Endo Reaches $465M Bankruptcy Settlement With US
 - UnitedHealth Says ‘Blackcat’ Group Behind Recent Hack
 
		National News Archives