National News for June 2023
- Supreme Court Rules in Favor of Anti-Gay Marriage Web Designer
- Report: US Lacks Comprehensive Cybercrime Data
- Insurtech Root Says it Has No ‘Actionable’ Bid
- IIHS: Safety Concerns for Small Pickup Rear Seated Passengers
- Gallagher’s June Insurance Market Report: Key Highlights and Implications for Buyers
- Talk With Fox’s Jesse Watters Leads to Big I CEO Rusbuldt’s ‘Disappointing’ Early Exit
- Index Measures and Quantifies Severity of Heat Waves in a Warmer World
- Nationwide E&S Exits Commercial Auto Effective July 15
- Supreme Court Rejects Use of Race in University Admissions
- Supreme Court Buoys Religious Employees Who Seek Accommodations at Work
- The New M&A Rules That Would Delay Million-Dollar Deals
- ChatGPT Creator OpenAI Sued for Theft of Private Data in ‘AI Arms Race’
- People Moves: Tinubu Appoints Mignot CRO of Americas; Ledford Hired by McGriff
- Cancer Plaintiffs Drill Down on J&J’s Support for $8.9B Talc Deal
- ‘Climate Washing’ Lawsuits Jump as More Activists Challenge Corporate Claims: Report
- Data for Insurance Discounts? Consumers Say No Thanks
- ‘Heat Dome’ Scorching Temperatures Headed to Other States
- United Airlines CEO Blames FAA as Storms Trigger Flight Cancellations
- UPS Working With Experts After Phishing Attack on Some Shippers, Customers
- State Regulators Need to Improve ‘Fragmented’ Efforts to Assess Insurers’ Climate Risks: FIO
- Oil-Field Lawsuit Offers Rare Insight Into Harassment Complaints
- Regulatory Weaknesses, Politics Driving Marketplace Exits, Industry CEOs Say
- Siemens and UCLA Say Data Compromised in MOVEit Data Breach
- American Financial Group Names Berding President
- How the Insurance Universe Deals With Evolving Risks and Dispositions
- JPMorgan Chase $290M Settlement With Epstein Accusers Wins Preliminary Approval
- J&J’s $8.9 Billion Talc Settlement Faces Bankruptcy Test
- Publishers Clearing House Settles for $18.5 Million for Misleading Consumers
- Sub Disaster Puts Spotlight on Another Extreme Venture: Space Tourism
- Workers’ Comp and Mental Health: Panel Examines Why Worker Wellbeing Matters
- SolarWinds Executives Receive Wells Notice From SEC
- Supreme Court Rejects Lawsuit Accusing Google of Stealing Millions of Song Lyrics
- TransUnion: Police Gave Out Fewer Tickets as Highway Death Rate Climbed
- Mallinckrodt Gets Second Extension on Opioid Settlement Payment
- Hospital Cyberattacks Surge, Risking Struggling Bottom Lines
- JPMorgan Agrees to Pay $290 Million to Settle Epstein Suit
- 3M Reaches Tentative $10.3B Deal Over ‘Forever Chemicals’ Claims
- Titanic Sub Victims’ Families Could Still Sue Despite Liability Waivers
- Honda Recalling 1.2 Million Vehicles for Rear Camera Issue
- In 2021 US Firearm Fatalities Reached Record Highs for Second Straight Year: Report
- PwC Probes Security Incident Tied to Russian-Speaking Clop Cyber Gang
- People Moves: Aspen Appoints Tartaglia SVP, COO, Insurance; Alliant Insurance Services Makes Senior-Level Hires
- MLB Sued by 17 Ex-Scouts Over Age Discrimination
- FDIC Says Tougher Rules Coming for Banks Over $100B in Size
- Lawsuit: Insufficient Testing of Titanic Sub Put Passengers in ‘Potential Extreme Danger’
- Q1 Traffic Fatalities Down 3.3%, Says NHTSA
- McKinsey Creates New Ethics Role After $641 Million Opioid Fallout
- Former Root CMO Ordered Detained for Contempt
- Company Can’t Say Whether More Air-Bag Inflators Might Explode, Hurl Shrapnel
- FTC Sues Amazon for Hindering Consumer Attempts to Cancel Prime
- ‘Comprehensive Legislation’ Needed to Address AI, Senator Schumer Says
- Twitter Employees Sue Company, Claiming It Refuses to Pay 2022 Bonuses
- Hail and Wind from Thunderstorms Caused $5.5 Billion in Damage, KCC Says
- kWh Analytics Reveals Top Challenges in Solar Industry Risk Management
- Fitch: US Insurance Market Forecast to Withstand Losses From Large Hurricane This Year
- States Are Rushing to Regulate Deepfakes as AI Goes Mainstream
- Purtill Named Permanent CFO of AIG
- New Home Construction Surges by Most in 3 Decades in May
- Ken Griffin Pushed to Testify in Ron Perelman’s $410 Million Art Fight
- Weekend Mass Shootings Leave 6 People Dead and Dozens Injured Across the US
- US Slips in Supply-Chain Ranks After Child-Labor Violations
- Gannett Sues Google, Alleges Online Ad Monopoly
- Probe Opened Into Hyundai Ioniq 5 EVs Over Power Loss Reports
- Microsoft Says Early June Disruptions to Outlook, Cloud Platform Were Cyberattacks
- Lightning to Blame for $952M in Homeowners Claims in 2022
- For Groups Fighting Opioid Crisis, Settlement Money Can Be Hard to Come By
- Insurance Broker Acrisure Interviews Banks for 2024 IPO
- Ransomware Gang Haunted US Firms Long Before MOVEit Hack
- Supreme Court Allows Justice Department to Toss Whistleblower Cases
- Insurer Must Defend Firm Sued for Selling Facial Recognition Program to Police
- Security Firm: Chinese Hackers Broke Into Email Security Appliance in Spying Campaign
- A $1.7 Billion Opioid Settlement Is at Risk of Falling Apart
- US Insurers Hit Hardest by Inflation: Triple-I Study
- US Agencies Hit in MOVEit Hacking Campaign as Victim List Grows
- Study Blames Climate Change for Summer Wildfire Rise in California
- US P/C Records $8.2 Billion Underwriting Loss in Q1: AM Best
- ‘Lockbit’ Digital Gang Named Top Ransomware Threat by US, 6 Other Nations
- Allstate Announces May Catastrophe Losses, Auto Rate Hikes
- Opera Workers’ Ruling Offers Path for Uber, Lyft Drivers to Unionize
- US Beefs Up Campaign for Accurate Animal Welfare Claims on Meat, Poultry Packaging
- Twitter Sued by Music Firms Over Violating Copyrights, At Up to $150,000 a Work
- SEC to Weigh New Artificial-Intelligence Rules for Brokerages
- Bipartisan Bill Would End Section 230 Immunity for Generative AI
- Trump CNN Remarks Allowed in E. Jean Carroll’s Expanded Defamation Suit
- People Moves: Guy Carpenter Expands Cyber Team
- Property Leads Q1 Commercial Insurance Price Increases: WTW CLIPS
- Cyber Insurance Premiums Surge by 50% as Ransomware Attacks Increase
- Stellantis Recalls Over 354,000 Jeeps Worldwide
- Insurance Costs Rapidly Rising for Rental Properties: S&P
- Usage-Based Insurance Surges as Customers Dissatisfied With Auto Insurance
- Jewelry Group Reports Highest Number of Crimes Ever Reported
- These Cryptocurrencies Are Getting Hit Hardest Under the SEC Crackdown
- Head of NHTSA Leaves Agency After Audit Finds Management Problems
- Nationwide to Take Actions to Limit Risk in Personal, Commercial Portfolios
- A Greenwashing Lawsuit Against Delta Aims to Set a Precedent
- Fitch: Hardening Commercial Lines Market to Continue Through 2023
- Two More States Pass Bills to Require Disclosure of Litigation Funding
- Report: Wildfire Fears at ‘All-Time High’ and Driving Insurer Decisions in Property Market
- Aon Denied Restraining Order Against Alliant
- Federal Regulators Promise Safety Review at all the Major Freight Railroads
- Democrats on Senate Budget Committee Open Investigation Into Major Insurers
- JPMorgan Agrees to Pay $290 Million to Settle Epstein Case
- Branch CEO Lekas Announces Layoffs, Cites Inflation, Loss Costs
- Bad Press, Claims Issues, Halt on New Business Giving Industry Another Black Eye?
- Judge Rejects 3M Effort to Resolve Earplug Lawsuits in Bankruptcy
- Coinbase Suit May Finally Send Crypto Debate to Supreme Court
- Companies Face Less Pressure for Climate and Social Reforms
- Farmers CEO Reverses Course to Require Hybrid Work Schedule for Employees
- Climate Change and Homeowners’ Insurance Are on a Collision Course
- Survey: Younger Generations More Tolerant of Fraud
- Supreme Court Limits Reach of Federal ID Theft Law
- Most Nations Aiming for Net-Zero Fail to Meet Targets, Study Shows
- People Moves: Resilience Promotes Pruzinsky to Global Head of Underwriting & Sales
- Jack Daniel’s Gets Supreme Court Win in Fight Over Parody Dog Toy
- Coinbase CEO Hits Back at SEC Chair After Lawsuit, Says User Funds Are Safe
- Supreme Court Rejects Bid to Limit Civil Rights Lawsuits
- Surprise Golf Marriage of PGA and LIV Risks Antitrust Scrutiny
- Boeing Accused in Lawsuit of Stealing Trade Secrets for NASA Rocket
- Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of Shareholder Suit Upheld
- Another Soft Market Is Inevitable
- Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits
- U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance
- Cycling Fatalities Reach 46-Year High
- SEC Sues Crypto Exchange Coinbase, One Day After Suing Binance
- Ford Recalls 125,000 Vehicles Over Engine Failures That Can Cause Fires
- Single Voicemail Enough to Violate Telephone Consumer Protection Act, 6th Circuit Rules
- Lawsuit Claiming Racism at Tesla Draws Almost 240 Black Workers Saying ‘Me Too’
- Google Antitrust Suit Over Ad Tech Sent Back to State Court
- SEC Sues Binance and Founder Zhao Over ‘Web of Deception’
- Industry Alliance Outlines Key Liability Risk Considerations in Insuring AI
- Stellantis, GM Pay $363M in Fuel Economy Penalties
- Report Says NHTSA Fails to Meet Internal Timelines in Defect Probes
- Freshpet Board Accused in Suit by Activist Jana of Breaching Duty
- Wells Fargo Seeks to Settle ‘Banking While Black’ Mortgage Case
- 3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement
- SEC to Dismiss 42 Enforcement Cases After Internal Data Mishap
- Hackers Use Flaw in Popular File Transfer Tool to Steal Data, Researchers Say
- 3M Is in at Least $10 Billion Forever-Chemicals Pollution Settlement
- Markets/Coverages: Evertas to Offer Largest Crypto Insurance Policy With Coverage Up to $420M
- Report: Medical Professional Liability Headwinds Continue Despite Improvement in 2022
- Chemical Makers to Set Aside $1.19B to Settle PFAS-Related Claims in U.S.
- Billionaire SPAC Kings Dragged to Court After Boom Goes Bust
- NHTSA to Require Auto Braking on New Vehicles and Set Tougher Standards
- FEMA Hit by Multi-State Lawsuit Over Flood Insurance Rating Formula
- People Moves: Everest Appoints Maritzen Global CUO; Swearengin to Lead One80 National Casualty Practice; Haggerty Head of QBE NA Commercial Programs
- New Models Aim to Better Predict Storm Surge, Insured Losses From Hurricanes
- Climate Change, Wildfire Risk and State Farm’s California Decision
- About 33 Million U.S. Homes at Risk of Hurricane-Force Winds: CoreLogic
- Former Wells Fargo Exec Settles SEC Fraud Charges, to Pay $3M
- Ransomware Attack on Bioscience Firm Exposes Clinical Test Data on 2.5M People
- Markets/Coverages: W. R. Berkley Corporation Forms Berkley Specialty Excess
- Amazon to Pay $30.8 Million to Settle FTC Privacy Claims Over Ring Doorbell
- Sick Restaurant Workers Linked to 4 in 10 Food Illness Outbreaks
- Amazon Employees Walk Out to Protest Climate, Return-To-Work Policies
- People Moves: Conning Announces New Head of North America, Other Key Promotions
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