Recent Insurance Industry News

State Farm Inked $1.5B Underwriting Profit for 2025 but HO Loss Persists

• Walmart to Pay $100 Million to Settle FTC Case on Driver Wages

• Ford Recalling 4.3 Million US Vehicles Over Software Issue

• Vanguard Settles Collusion Suit for $29.5 Million

• CDC Declares ByHeart Infant Botulism Outbreak Over, Probe Continues

• From Dating Scams to Fake Lawyers: OpenAI Details ChatGPT Misuse

Zurich Insurance Said to Near Beazley Deal Funded by Equity Sale Next Week

• Hacker Used Anthropic’s Claude to Steal Mexican Data Trove

• After Hedge Fund Interest, UK’s Flood Re Plans More Cat Bonds

• Corporate Treasuries Are Slow to Adopt AI, Survey Finds

• UK Appoints Barclays Executive as Top Bank of England Regulator

• How China Is Masking Drone Flights in Potential Taiwan-Invasion Rehearsal

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

• New York Sues Video Game Developer Valve, Says Its ‘Loot Boxes’ Are Gambling

• Gas Explosion Engulfs House in Flames, Injures Mother and Child in Massachusetts

• Cleaning Up Potomac River Sewer Spill Could Take Months

Higginbotham Acquires Illinois-Based Monarch Solutions

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

• Sinkhole Swallows Vehicles at Busy Intersection in Omaha, Nebraska

• Minnesota Resolves Suit Against Fleet Farm for Negligent Firearm Sales

• Relation Acquires Illinois’ Thorn Creek

• Michigan Health Care Provider Sued for Race Discrimination

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

• TWIA Board Sets $4.3B as 1-in-50 Probable Maximum Loss for 2026 Storm Season

• Vistria Acquires Texas-Based MGA Lumen

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’

• People Moves: Byrd Joins Alliant as Employee Benefits SVP in North Carolina

• King Risk Expands With Acquisition of Lewis Agency in Georgia

• Florida Cabinet Approves Land Transfer for New Rays Stadium in Tampa

SPG Acquires Property Specialist Proper in Montana

• OSHA Penalizes Businesses Over 6 Deaths at Colorado Dairy

• Court Tosses Judgment Blaming Montana Asbestos Deaths on BNSF

• San Diego Approves $6M Settlement With Insurers for Flood Damage

• People Moves: Delos Insurance Promotes, Hires Leadership Team Members

• Former California Insurance Agent Arraigned on Grand Theft And Embezzlement Charges