Recent Insurance Industry News

CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M

• JPMorgan Chase Fights Paying $115M Legal Tab for Convicted Fraudsters

• Consumers Seek $2.36B From Google After Privacy Verdict

• Hacking Lab Boss Charged With Seeking to Sell Secrets

• NHTSA to Expand Probe Into 286,000 GM Vehicles Over Possible Engine Failure

• Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations

HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case

• Suspects in Louvre Heist in Custody After Week-Long Manhunt

• Update: Hurricane Melissa Churns Toward Jamaica as Category 5 Storm

• HK Startup Aims to Launch Satellites for 3D Wind Data, SCMP Says

• People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/Insurer IQUW Bermuda Names Guy Carpenter’s Mitchell as CUO

• Apple Loses Landmark UK Lawsuit Over App Store Commissions

Employee Accused of Stealing 47 Vehicles From Car Rental Site at Airport

• Trump Denies Disaster Declarations Maryland, Vermont and Illinois

• Staff Member Dies After Being Kicked at Residential School

• St. John’s University and ACORD Partner On Executive Education Programs

• University of Virginia Strikes Deal to Avoid Trump Investigations, Protect Funding

• Delaware Workers’ Compensation Rates Dropping Again

AM Best Revises Outlooks to Stable for Members of Illinois’ Pekin Insurance Group

• Intruders Release Mink From Iowa Farm in What Trade Group Calls ‘Terrorist Act’

• South Dakota Company Recalls Pork Jerky That May Contain Metal Wire

• Best Agency to Work For – Midwest Region: DSP Insurance Services

• Pritzker’s Illinois Wins 10th Rating Upgrade as Reserves Climb

• Illinois Department of Insurance Asks Insurers for Policyholder Relief During Shutdown

Jury Awards $40M to Family of Louisiana Man Who Died in Privately-Run Jail

• Best Agency to Work For – South Central Region: Higginbotham

• Trump Plan Would Open Almost All Coast to Offshore Drilling

• Major Investor for Louisiana LNG as Construction Ramps up

• TWIA Committee Recommends Method for Determining PML for 2026 Storm Season

• Big Food Readies New Strategy Against RFK Jr. Push in States

Florida’s Universal P&C Reports Strong Profits, Policy Growth for Q3

• After $7M in Local Incentives, Alfa Launches Renovation of New HQ in Montgomery

• Alabama DOI Requiring Use of SLIP+ Platform for Surplus Lines Reporting

• Plan to Sell Golf Course Built on Slave Graves Sparks Outrage in Florida’s Capital City

• Trump Plan Would Open Almost All Coast to Offshore Drilling

• World’s Largest Retirement Community Taps Muni Market to Help Build More Homes

ExxonMobil Sues California, Claims New Green Laws Violate Speech

• California Commissioner Asks Insurers for Policyholder Relief During Shutdown

• People Moves: Cowbell Names Klipphahn and Hewerdine to Mid-Market and Claims Leadership; Alliant Human Capital Names Steinhoff as First VP

• Best Agency to Work For – West Region: Kulchin Ross

• Why Two Montana Asbestos Victims May Never Receive an $8M Judgment

• Airline Emergency Landing in Utah Likely Caused by Weather Balloon Collision