Recent Insurance Industry News

Zurich Insurance and Beazley Agree to US$10.9B Cash Acquisition

• Median Securities Class Action Settlement Hits 29-Year High

• FedEx Customers Sue Company for Tariff Refunds After US Supreme Court Ruling

• Berkshire Hathaway’s Abel Vows Firm Will Thrive Beyond Buffett

• SEC Gave Companies More Power Over Investors but Lawsuits Pushed Them Back

• Anthropic’s Claude Chatbot Goes Down for Thousands of Users

Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates

• Waiting for Hormuz, More Oil Tankers Gather in the Persian Gulf

• Zurich Insurance and Beazley Agree to US$10.9B Cash Acquisition

• Amazon’s AWS Reports Outage After UAE Data Center Struck by ‘Objects’

• Hedge Funds, Insurers Rush to Gauge Exposure as Iran Spirals

• Travel Chaos Worsens as Iran Conflict Shuts Mideast Airports

Delaware High Court Upholds Elon Musk-Led Overhaul of State’s Business Law

• Bird Flu Devastates 7.4 Million Pennsylvania Chickens in a Month

• Novartis Settles Lawsuit by Lacks’ Estate Over ‘Stolen’ Cells

• AI-Generated Job Ads Discriminated Against US Workers, Says Civil Rights Unit

• Many State Flood Maps Are Not Up to Date. Connecticut Is Trying to Fix That.

• US Judge Again Refuses to Allow New Hampshire to Abolish Auto Inspections

Michigan Farm to Pay $33K to Settle River Pollution Case

• Greenpeace Faces $345M Judgment in North Dakota Court

• Higginbotham Acquires Illinois-Based Monarch Solutions

• Fire at Ohio Hog Farm Complex Kills 6,000 Pigs

• Sinkhole Swallows Vehicles at Busy Intersection in Nebraska

• Minnesota Resolves Suit Against Fleet Farm for Negligent Firearm Sales

Louisiana Contractor Arrested for Fraudulent Activities

• Suspected Gunman in Austin Shooting Had Potential Terrorism Links

• State Farm to Issue $136M in Dividends to Louisiana Drivers

• Pentagon Laser Downs Customs Border Patrol Drone in Texas

• Lead Detected in New Orleans Homes Amid Delayed Pipe Replacement

• Families of Flood Victims Texas Over Camp Mystic Disaster Response

Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent

• Deep Freeze and Drought Fueled a Massive Florida Wildfire

• Baldwin Posts Fourth Quarter Loss; Carlisle Takes Over Underwriting Group

• Florida Appeals Court Pulls the Plug on Physician Dispensing in Workers’ Comp

• Former Tennessee Agent Charged With Keeping Premium Payments

• Crews Battled a 25,000-Acre Wildfire Near Florida’s ‘Alligator Alcatraz’

Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent

• California Is Reconsidering Nuclear Energy After 50-Year Ban

• Aspire Acquiring PolicyOne in California

• Federal Judge Allows Suit Against California AG Over ExxonMobil Remarks

• SPG Acquires Property Specialist Proper in Montana

• OSHA Penalizes Businesses Over 6 Deaths at Colorado Dairy