Insurance News from March 24, 2022
National News
Chubb Must Pay Target for Breached Bank Cards After Court Reversal
In an "extraordinary remedy" of a judgment from a year ago, a federal court judge in...
Teen Suspected by Cyber Researchers of Being Lapsus$ Mastermind
SEC Claims Authority to Subpoena Elon Musk About Tweets
FDA Details Problems at Plant Behind Recalled Baby Formula
People Moves: Godhwani, Bresnahan Assume New Top Posts at BHSI; Big I’s Flannagan to Retire; Aon Names Merlo as Claims Leader
International & Reinsurance News
Russia’s Seizure of Foreign Jets Triggers Wave of Insurance Claims From Leasing Firms
Russia's move to transfer almost 800 foreign-owned jets to its own aircraft register...
Lloyd’s Expects ‘Major Claim’ From Russia-Ukraine War, Reports ‘Strong’ Profit in 2021
Vienna Insurance Group Completes Purchase of Aegon’s Hungary Business for €620M
Generali Suspends CEO Donnet’s Internal Rival in Ongoing Power Struggle
Japan’s Powerful Earthquake Estimated to Cost Insurers $2 Billion-$4 Billion: Verisk
East News
Court Denies Insurer Use of Multiple Exclusions to Dodge Defending Insured
Everest Indemnity Insurance Co. is on the hook to defend an insured alleged to have...
West News
Takeaways from Our Conversation on the Dormant Commerce Clause
If Congress ever gets around to legalizing cannabis, the process of revoking federal...
Southeast News
Citizens: Underwriting Losses, but $81M in Net Income Thanks to Investments
Citizens Property Insurance Corp. directors said Wednesday they continue to worry about...
Texas / South Central News
Tornado Strikes New Orleans as Storms Move Into Deep South
A tornado tore through parts of New Orleans and its suburbs Tuesday night, ripping down...
Midwest News
UMKC Settles With Ex-Professor Fired Amid Business School Scandal
The University of Missouri-Kansas City has agreed to pay a former professor $625,000 to...