National News for May 2021
- Inspector General Finds Trump EPA Officials Improperly Influenced Dicamba Approval
- Attorney Dershowitz Files $80 Million Defamation Suit Against Netflix
- Cyber Insurers Seeing Surge in Interest by Energy Companies Since Pipeline Attack
- COVID Takes Big Bite from Multiline Insurers’ Earnings, in ‘Manageable’ Event: S&P
- Internet Groups Warn Against Including Liability Shield in Trade Deals
- New Insurtech Advisor Insurance to Target Risks of Wealth Managers
- Cyber Insurers Hike Rates But Worry About Pricing Long-Term As Losses Mount: Fitch
- New U.S. Rules Require Pipelines to Report Cyber Incidents, Mitigate Risks
- Bayer Unveils New Roundup Risk Management Plan After $2B Proposal Fails
- Chubb Updates Lower Middle Market Commercial Package Product
- After Dutch Ruling Against Energy Company, Focus Turns to U.S. Climate Lawsuits
- Judge Rejects Bayer’s $2 Billion Proposal to End Roundup Litigation
- Congress Studying Federal Reinsurance for Cyberterrorist Attacks
- U.S. Says Rules on Pilots’ Records Database Being Finalized
- People Moves: Embroker Names 2 Execs; Markel Promotes Castriotta; Kaufmann, McPhail Join WTW; Laufer, Pignataro to AGS Executive Team
- Biden Administration Working to Boost Cybersecurity of Pipeline Companies
- HSB Adds Coverages for Smart Farm Technology, Equipment
- Despite Safety Questions, Tesla Sticks With Autopilot Cameras Without Radar Sensor
- Wolves Get Credit for 24% Drop in Deer-Auto Collisions
- How to Manage Social Media Liability in the Workplace: RIMS
- Insurance Technology: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford
- Crypto Insurer Evertas Raises $5.8M in Seed Funding
- Three Disasters Show Gaps in Infrastructure Plan
- White House Boosts Spending for Disaster, Extreme Weather Preparations
- The Highs, Low of Agency Q1 Profitability and the Post-Pandemic Path Forward: Reagan
- Online Boating Marketplace Boatim Adds Insurance with Marine Broker Partner AMI
- Truist Acquires Constellation Affiliated Partners Wholesaler Platform With 7 MGAs
- Utica National Adds Crisis Response Services for Educational Institution Insureds
- Beneath the Surface: Why Insurers Should Look Beyond “the Tip of the A.I. Iceberg”
- Relaxed Mask Rules Make Some Retail Workers Nervous
- Debate Over Liability Holds Up Self-Driving Car Legislation in Senate
- Tropical Storm Ana Begins Expected Above-Normal 2021 Atlantic Hurricane Season
- CNA Paid $40 Million in Ransom After March Cyber Attack
- Black Media Mogul Allen Alleges Advertising Bias in Suing McDonald’s for $10 Billion
- People Moves: Lockton Transactional Team; Marsh Counsel; Kemper Chairman; BMS Re CFO; AgriSompo North America
- Biden Executive Order Initiates Broad Strategy to Assess, Mitigate Climate Change Risks
- Waffle Raises $5M for Its ‘All-in-One’ Virtual Insurance Agency
- Lumen Risk Services, Transverse to Offer Commercial Property Coverage
- 5 Women File Employment Discrimination Suits Against Amazon.com
- Report: $8.1B of Sandy’s Damages Attributable to Climate Change
- Judge in $2B Roundup Settlement Recommends Bayer Add a Warning Label
- Businesses Should Expect More Product Recalls, Regulations After Covid: Sedgwick
- Fed Warns Credit Scores ‘May Lose Some Power’ After Covid
- ‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC
- Arrowhead Launches E&S Program, Names Murray as President
- Climate Change Caused $8 Billion of Hurricane Sandy’s Economic Losses: Study
- Suit Claims Owners Drove Brooks Brothers to Bankruptcy to Avoid Paying Investor
- Insurance Comparison Site Jerry Raises $28 Million
- Organizations Miss Competitive Advantage by Underemphasizing Emerging Risks: Marsh
- USAA Expands Telematics Auto Insurance App SafePilot to 7 More States
- Metromile, Hippo Begin Offering Bundled Auto, Home Coverages in 8 States
- ISC Launches General Liability Program for Gig Economy Contractors
- Amazon Continues Moratorium on Police Use of Its Facial Recognition Software
- 5 Ways Cyber Business Interruption Differs from Traditional Business Interruption: RIMS
- Judge Has Questions About Bayer’s $2 Billion Roundup Settlement
- Labor Leader Urges U.S. to Require Human Drivers in Automated Vehicles
- People Moves: Metromile Adds Capital One Exec; Spinnaker Names CEO From USAA; Carpenter’s Snyder Joins TigerRisk
- What 3 Experts Are Saying About Pipeline Attack and Cyber Insurance
- CFC Reps & Warranty Product Supports Transatlantic Mergers, Acquisitions
- Uber Can’t Avoid Driver Classification Lawsuit, Says Supreme Court
- Retired Black Players Fight NFL Brain Injury Payout Algorithm Based on Race
- Buffett’s Berkshire Hathaway Takes Big Stake in Aon
- Supreme Court Backs Challenge to IRS Micro-Captive Reporting Rule
- Law Firms and Their Insurers Feel the Pain of Bigger Malpractice Claims
- Setting the Stage for Thousands of Opioid Lawuits, Potentially Years of Litigation
- Appeals Court Rejects Bayer Appeal of $25M Roundup Cancer Verdict
- Pipeline Ransomware Attack Stirs Debate on Whether Insurance Attracts Hackers
- Under Pressure, Ransomware Gangs Claim They’re Shutting Down
- BriteCo Launches Online Jewelry Insurance Program
- People Moves: National Flood Names Erickson CEO; Aon Adds 3 in Healthcare; State Auto CFO to Retire; Barg Joins Ascot Claims
- Cyber Ransom Payments Set a Bad Precedent But Happen Often
- Zywave Buys Workers’ Comp Software Firm Modgic
- Biden EPA Relaunches Website With Climate Change Indicators
- Cryptocurrency Crime Declines But ‘DeFi’ Fraud Soars: CipherTrace
- SEC Plans New Workforce Data Disclosure Rule
- Neptune to Offer Flood Insurance to Small Business Administration Borrowers
- Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom: Bloomberg
- Commercial Auto Insurance Business on Road to Break-Even in 2021: Fitch
- Biden Signs Executive Order on Cyber Information Sharing, Safety Practices
- Colonial Pipeline’s Cyber Insurers Include AXA XL, Beazley
- Medical Professional Liability Market Facing Difficult Times
- What Cyber Insurers Should Know About the Federal Ransomware Advisories
- MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets
- First Indemnity to Offer Excess Professional Liability Coverage for Law Firms
- Starr’s Greenberg Initiates Group Letter Urging Biden to Speed Global Vaccination Effort
- Workers’ Compensation Numbers Indicate Strong Performance During 2020 Pandemic
- eMaxx Platform Eases Insurer Entry Into Captive Market
- They’re Back! Actuarial Society, Under Pressure, Reinstates Ratemaking Rules
- Aon, Willis Towers Watson to Sell WTW Assets to Gallagher for $3.57 Billion
- $2,300 Phone Call. $1,000 Cab Ride. Purdue Runs Up $400M Bankruptcy Tab.
- Insurer American National Group Exploring Options Including Possible Sale -Reuters
- Ransomware Attack on Colonial Again Shows U.S. Ignores Warning After Warning
- Overtime, Flexibility, Automation Among Challenges in Pandemic Labor Reshuffle
- Carriers Struggle To Transform Innovation Efforts Into Results: AM Best
- Highland Insurance Solutions Launches Admitted Builders Risk Coverage
- U.S. Offered No Advice on Whether Colonial Pipeline Should Pay Pay Ransom
- Colonial Pipeline Ransomware Attackers Say They Seek Cash, Not Chaos
- How Auto Insurers, Consumers Rode the Bumpy Year of Pandemic
- Research Questions Accuracy of Smartphone Alcohol Breath Testers
- U.S. Announces Safety Investigation of Steering Loss in 1.1M Honda Accords
- Tesla Memo Says Fully Driverless Technology May Not Be Ready for Prime Time This Year
- Insurers Seek to Find Ways to Make Pandemics Insurable
- Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion
- U.S. Working With Colonial Pipeline to Restore Operations After Cyber Attack
- If Covid-19 Vaccine Patents Are Waived, Legal Options For Drug Firms Are Limited
- AIG Reports Strong First Quarter
- Pfizer-BioNTech Seek FDA Full Approval for Authorized COVID-19 Vaccine
- Amwins, Loadsure to Offer Per-Load Cargo Insurance to Freight Industry
- U.S. Court Allows Movie Chain’s COVID Business Interruption Suit Against FM Global
- CDC Issues Guidelines for Trial Cruises With Volunteer Passengers
- NOAA: Hot is the New U.S. Climate Normal
- Allstate Q1 Revenue Soars 26% on National General, Premium Gains
- Study Links High Hispanic Death Rate From Covid-19 to Work Exposure
- COVID Is Far From the Only Risk Facing Insurers and Financial Sector Firms: Allianz
- Peloton Apologizes; Reverses Course; Will Recall Treadmills
- Biden Backs Patent Waiver for Covid-19 Vaccines
- Employers Advised to Prepare for Pandemic’s Mental Health Fallout as Employees Return
- Trinity Underwriting Managers, Obsidian Partner on Auto Liability Offering
- Study Warns of Volunteer Firefighters’ Levels of ‘Forever Chemicals’
- Biden Labor Department Nixes Trump Rule Affecting Gig Workers
- Workers Refusing Covid Vaccine Could Lose Their Jobs
- ‘Vaccine Passport’ Apps Gaining Traction in Airports, Live Events
- Why Sharing Economy Firms Just Might Be the Best Insurance Customers
- Insurance, Tech Stocks Outpacing Insurtechs in 2021: HSCM Index
- Introducing Rebranded EverSports & Entertainment From Everest Insurance
- Core Specialty, DUAL to Offer Primary, Excess Professional Liability Coverage
- Rare Covid-19 Vaccine and Treatment Injury Victims Look to U.S. Fund
- Employers, Insurers See Virtual First-Care Medical Visits Becoming Routine
- Gig Firms Know How to Fight to Save Their Business Model
- People Moves: Argo’s Grange Joins B&B’s Programs; Bridge Names Zurich’s Batta; Liberty Mutual Promotes Rhodes in Claims
- Buffett Says Non-Insurance Executive Abel Is His Likely Successor
- West Virginia’s Billion-Dollar Trial Against Opioid Distributors Gets Underway
- Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike
- In His Own Words: Q&A with Applied Underwriters’ Menzies on Buffet, California and ‘Pumping Entrepreneurial Power’
- Customers Ignored Brands in Shopping for Auto Insurance During Pandemic: J.D. Power
- Insurers Expected to Expand Use of Drones to Survey Damage With Rule Change
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