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
Generali Suspends CEO Donnet’s Internal Rival in Ongoing Power Struggle
Japan’s Powerful Earthquake Estimated to Cost Insurers $2 Billion-$4 Billion: Verisk
Bank of England Begins Developing Regulatory Framework for Cryptoassets
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
6 Students Killed in Southern Oklahoma Crash With Semi
Six teenage students have been killed in a two-vehicle collision in southern Oklahoma,...
Midwest News
South Dakota Officials Euthanize 85,000 Birds Amid Avian Flu Outbreak
State officials have euthanized 85,000 birds in hopes of containing an avian flu...