Insurance News from January 19, 2022
National News
Number of Insurance Agency M&As Rose 30% in 2021: OPTIS Partners
There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30%...
Judge Nixes Former Employees’ Suit Against Marsh & McLennan Over 2021 Data Breach
AT&T, Verizon Again Agree to Delay Turning On Some 5G Towers Near Key Airports
Agriculture Officials Find More Avian Flu Cases in Wild Birds, Caution Poultry Farmers
Teva to Pay $420M to Settle Shareholder Suit Over Generic Drug Pricing
International & Reinsurance News
Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws
A group of the world's biggest insurers and reinsurers jointly pledging to eliminate...
Loss Experience Drives Prices During January Reinsurance Renewals: Fitch
Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources
Shortage of ESG Experts Could Have Negative Effect on Canada Financial Services Firms
UK High Court Throws Out Case Brought by Climate Activists Against Oil Regulator
East News
Doctors, Police Officer Among 13 Indicted in Alleged $100M Auto Insurance Scam
Federal prosecutors have charged 13 people—including a New York City police officer,...
West News
Biden Administration Unveils ‘Wildfire Crisis Strategy’ for Western States
The Biden administration on Tuesday unveiled a 10-year plan to treat and maintain...
Southeast News
Committee Approves Florida Surplus Lines Bill; Stiffens Penalties for Adjusters
Florida took a step toward opening its distressed property insurance market to more...
Texas / South Central News
Controlled Burn Likely Source for Bastrop County, Texas Wildfire
A wildfire burning east of Austin, Texas was likely the resulted of a planned burn,...
Midwest News
People Moves: Actuarial Risk Management Names Cummings as Senior Consulting Actuary; Rockford Adds Pair
Actuarial Risk Management Names Terrence Cummings as Senior Consulting Actuary...