Insurance News from February 23, 2021
National News
U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield
Insiders said one company pushed unnecessary pain medication to the U.S. military;...
International & Reinsurance News
Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions
A subsidiary of Germany's Munich Re will no longer insure the Nord Stream 2 pipeline...
Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine
UK, EU to Create Financial Services Cooperation Forum for Market Access Talks
UK’s Aviva to Sell French Business for $3.9 Billion, Continuing Core-Market Strategy
Lloyd’s Survey Results Show More Inclusive Culture, but Improvement Still Needed
East News
Nine Injured, Two Seriously, in Explosion at New York City Residence
Authorities said nine people were injured, two seriously, after an explosion Thursday...
West News
California Commissioner Wants Rate Transparency Rules for Wildfire Risk
California Insurance Commissioner Ricardo Lara has proposed new rules to give...
Southeast News
Unstable Construction Crane Spurs Evacuations in Downtown Atlanta
Crews Sunday worked to take down a crane outside of a 31-story building that began...
Texas / South Central News
$1B Class-Action Suit Filed Against Texas Wholesale Electricity Provider, Griddy
A Chambers County, Texas, resident has filed a class-action lawsuit against electricity...
Midwest News
$1.3B Defamation Lawsuit Filed Against Minnesota’s ‘MyPillow Guy’
Dominion Voting Systems has filed a $1.3 billion defamation lawsuit against the founder...