Insurance News from May 21, 2021
National News
CNA Paid $40 Million in Ransom After March Cyber Attack
CNA Financial Corp., among the largest insurance companies in the U.S., paid $40...
Biden Executive Order Initiates Broad Strategy to Assess, Mitigate Climate Change Risks
Black Media Mogul Allen Alleges Advertising Bias in Suing McDonald’s for $10 Billion
People Moves: Lockton Transactional Team; Marsh Counsel; Kemper Chairman; BMS Re CFO; AgriSompo North America
Lumen Risk Services, Transverse to Offer Commercial Property Coverage
International & Reinsurance News
Canada Faces Mega-Hurricanes if Climate Change Pushes Storms North: Swiss Re Warns
Climate change is making hurricanes bigger and stronger, and it may soon push them...
Italy Probes Alleged Cartel Among Auto Insurers, Including Allianz Direct, Zurich
Irish Health Service Hackers Offer Decryption Key – but $20M Ransom Demand Remains
Europe’s Aviation Regulator Says Flying Taxis Could Be Airborne by 2024 or 2025
Africa Specialty Risks Launches Mauritius Reinsurer, Backed by PE Firm Helios
East News
Staffers Allege that Employer Ignored COVID Precautions in Massachusetts
A Massachusetts man claims that a national addiction treatment program with offices in...
West News
Hawaii Can Expect 2 to 5 Storms During Hurricane Season
The central Pacific basin including Hawaii can expect between two and five tropical...
Southeast News
Florida Construction Co. Owner Arrested for Evading Payment of Workers’ Comp Premium
The owner of a Florida construction business has been arrested for allegedly concealing...
Texas / South Central News
Louisiana, Texas Brace for More Heavy Rain and Flooding
Heavy rain across the eastern Texas and western Louisiana Gulf Coasts may bring more...
Midwest News
FBL Financial Shareholders OK Stock Purchase by Farm Bureau P&C Insurance
The shareholders of West Des Moines, Iowa-based FBL Financial Group Inc. have approved...