National News for April 2022
- Berkshire Investors Nudge for Better Governance, Social Issues as Meeting Looms
- Purdue Pharma Squares Off With DOJ Over $6 Billion OxyContin Deal
- Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets
- Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire
- Markets/Coverages: QBE N.A. Starts Specialty Casualty; Ryan Specialty, Harleysville Team Up; Coalition, Vantage Capacity Partners; Joyn Expands Offerings
- 50 Big Corporations Pushing Congress for Clean Energy Tax
- A Different Kind of Guard: Agent Watches NFL Draft With Eye on Protecting Players
- Amazon Urged to Review Emergency Plans in Wake of Deadly Tornado
- U.S. Joins 55 Nations to Set New Global Rules for the Internet
- Global Insurance Rates Continue to Moderate in Q1 – With the Exception of Cyber
- Judge Rules for Elon Musk in $13 Billion Lawsuit Over Tesla-SolarCity Deal
- Inflation Boosts W.R. Berkley Top Line to Record Level as Exposures Grow
- Former Sompo Exec Chang Moves to WTW
- Supreme Court Tackles Case About Praying Football Coach
- U.S. Lawmakers Push Insurers to Stop Underwriting Fossil Fuels
- White House Seeks More Power to Counter Use of Drones in U.S.
- Chubb Posts Record Q1 P/C Underwriting Income
- People Moves: Quigley Ascot’s Surety Lead; Olson Named Zurich N.A. Head of Programs
- 81% of Flood Insurance Policyholders Will See Rate Increases, Report Says
- Boy Scouts Bankruptcy Judge Approves Sale of BSA Warehouse
- Two-Thirds of Employees Might Seek New Jobs if Forced Back to Office: Global Survey
- Climate Votes Fought by Major Oil Companies Get Key Backing
- U.S. Companies Warn China’s Data Rules Risk Creating ‘Digital Island’
- Federal Judge Approves $85 Million Settlement in Zoom Case
- McDonald’s Beats Back Challenge to Settlement With U.S. Labor Agency
- Thorny Issues Face Boy Scouts Bankruptcy Judge
- U.S. Trucking Downturn Foreshadows Possible Economic Gloom
- Allstate to Increase Magnitude of Auto Rate Hikes in 2022
- Infowars Bankruptcy May Be Abuse of Court System, Justice Department Says
- People Moves: Estée Lauder’s Burrell Joins GEICO; Olson Heads Zurich Programs; Hudnall Leads Donegal Commercial Lines
- Ending Collateral Requirements for Non-U.S. Reinsurers – It’s Been a Long Time Coming
- ESG, Invasion of Ukraine Focus of Marsh McLennan Earnings Call
- Tesla Insurance Turning ‘Nightmare’ Claims Experience Into ‘Dream’: Musk
- Federal Court in Delaware Requiring Disclosure of Litigation Funding Agreements
- Judge Rejects ‘Gag Order’ for Elon Musk
- Small Businesses Are Burning Out: Survey
- Risky Driving Increases as Sleep Apnea Worsens
- Largest Public Pension Fund to Vote to Replace Buffett as Berkshire Chairman
- SIAA Acquires Rogue Risk, Expands Digital Footprint
- U.S. Justice Department Appeals Transportation Mask Ruling
- Innovation Boosts Carrier Top Lines: AM Best
- Reducing Inequality, Hiking Minimum Wage Could Boost U.S. Economy: White House
- Insurtech Funding Levels Come Crashing Down in Q1
- Labor Board Judge Rules Amazon Must Reinstate Fired Warehouse Worker
- ‘Zero-Day’ Hacks Hit Record in 2021, Google Researchers Say
- Travelers CEO Schnitzer: Loss Costs ‘Challenging as Ever to Predict’
- LaBranche to Succeed Roth as RIMS CEO
- SEC Chief Expects ‘Fair Number’ of Large Companies to Disclose Scope 3 Data in Climate Rule
- Berkshire’s Bid For Alleghany Moves Forward After ‘Go-Shop’ Period Comes Up Empty
- Insurance Journal Announces New Online Charity Portal
- Insurer Travelers’ Profit Beats on Lower Catastrophe Losses
- U.S. Ties North Korean Hacker Group Lazarus to Huge Cryptocurrency Theft
- U.S. Will No Longer Enforce Mask Mandate on Airplanes, Trains After Court Ruling
- Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon
- Markets/Coverages: Brownyard’s Library Program; Core Specialty’s Equine Unit; Skyward’s Cannabis Bonds; Roamly’s Travel
- How Warren Buffett Does a Deal: Alleghany Merger Backstory
- Infowars Files for Bankruptcy Amid Sandy Hook Lawsuits
- Amazon CEO Jassy Says He Wants to Improve Warehouse Safety
- Future Liability Releases at Center of Boy Scouts Bankruptcy
- Responses to U.S. SEC Climate Disclosure Rules Keep Coming in
- Judge Finds Tesla Liable to Black Former Worker Who Alleged Bias, but Slashes Payout
- Cyber Premiums Rapidly Grew 74% in 2021: Fitch
- People Moves: AIG Promotes Bolt; RIMS Honors Griffith; Tokio Marine HCC Hires Ingerslev for Cyber; Frenier to Lead CAC Specialty Prof, Cyber Business Development
- Familiar Securities Plaintiff Sues to Stop Berkshire’s $11.6 Billion Deal for Alleghany
- Dog-Related Claims Cost U.S. Home Insurers Nearly $900M in 2021
- U.S. Says Advanced Hackers Have Shown Ability to Hijack Critical Infrastructure
- This Year’s Hurricane Season Likely to Be Wetter, Just Like 2020, Study Finds
- Net-Zero Holdouts That Stick Out Like a ‘Sore Thumb’
- Advice for Casualty Insurance Brokers: ‘Get Out of the Pajamas’
- Insurance Technology: Newfront Raises $200M; EvolutionIQ Brings In $21M
- Trial Date Set in Defamation Suit Against Fox News Over U.S. Election Claims
- Johnson & Johnson Can’t Block Lawsuit Claiming It Lied About Asbestos in Talc
- Martin Shkreli’s Law Firm Has Not Been Paid, Seeks to Withdraw
- U.S. Gunmakers to Ask Judge to Toss Mexico’s $10 Billion Lawsuit
- One or Two Days in the Office Is the ‘Sweet Spot’ of Hybrid Work
- Markets/Coverages: Palisade Legal Risk MGU; Tokio Marine Kiln IP Abatement; Marsh Cybersecurity Marketplace
- Accounts Deceivable: Email Scam Costliest Type of Cybercrime
- CEO of Rental Giant Hertz Vows to Fix False Theft Reports
- Biden Orders Push on Long COVID, Pandemic’s Shadowy Mystery
- Amazon Drone Crashes Hit Jeff Bezos’ Delivery Dreams
- Thomas H. Lee Partners to Become Majority Shareholder of Carpe Data
- Chubb’s Greenberg: On War, Ex-CAT Reporting and Insurance Profits
- The Insurance Data War: How Old School and New School Can Live in Harmony
- Closing Arguments Begin in Boy Scouts Bankruptcy Case
- AIG Looks at Cutting Insurance for Russia, Ukraine
- US: Discrimination Based on Opioid Treatment Violates Law
- Broker WTW Reports Commercial Rates Are Starting to Stabilize Except for Cyber
- Boys Scouts Can Use the Term ‘Scouting,’ in a Blow for Girl Scouts
- PFAS, Microplastics, Baby Food: Emerging Casualty Risks Keep Coming
- Secondary Perils Responsible for Growing Share of Disaster Claims: RMS
- U.S. Supreme Court Mulls ‘Pill Mill’ Doctors’ Opioid Convictions
- Amazon Faces Shareholder Vote on Treatment of Warehouse Workers
- Rates Up Again in Q1 as Signs May Point to ‘Stronger Increases’: MarketScout
- 19 Named Storms Predicted by CSU Team; 70% Chance Major Hurricane Hits U.S.
- Power Outages Increase as Extreme Weather Inflicts Toll on Aging Grid, Vulnerable Citizens
- Boy Scouts Abuse Settlement Attacked for Preventing Future Lawsuits
- EPA Rule Would Ban Asbestos Still in Use
- Fake Financial Records Are Readily Available as U.S. Hunts for Fraud
- People Moves: Marsh Promotes Vanyo; AIG’s Fayto Joins Lockton Cyber; Hersch Leads Deloitte Insurance Unit
- Safety Agency Moves to Ensure Recalls of Defective Auto Batteries
- Cities Drive Greenhouse Gas Emissions but Can Provide Solutions to Climate Change
- March U.S. Tornado Activity Likely to Set Record
- Supreme Court Removes an Obstacle to Malicious Prosecution Lawsuits
- $14M Jury Award for Protesters Comes As Other Cities Face Similar Policing Lawsuits
- Insurance Technology: Certificate Hero and TNEDICCA Attract Investors
- Biden Touts Importance of U.S. Trucking
- U.S. Supply-Chain Pressures Soar to a Record, Index Shows
- Solar Storm to Hit Earth, Prompting Monitoring by Airlines, Electric Grid Operators
- U.S. Considers Vaccines to Protect Poultry From Deadly Bird Flu
- Goldman Poll Finds Insurers Expect a U.S. Recession
- Markets/Coverages: Bundler Branch Adds 6 States; Pathpoint, Bold Penguin E&S Partnership; Rokstone Owners’ Interest Policy
- Logistics Giants Hedge Their Bets in Uncertain U.S. Self-Driving Truck Race
- Climate Change Could Cost U.S. Budget $2 Trillion a Year by End Century
- Young Agents: What Do You Think? Take This Survey.
- Ford Recalls 737,000 U.S. Vehicles Over Software and Fire-Risk Issues
- Global Insurance Losses From Russia-Ukraine War Could Range From $16B to $35B
- Marsh McLennan Commits to Net-Zero Across Operations by 2050
- Amica CEO DiMuccio to Retire at End of 2022
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