Insurance News from March 23, 2023
National News
GM Must Face Class Actions Over Defective Transmissions
A federal judge in Detroit certified class actions for drivers in 26 U.S. states who...
International & Reinsurance News
Oil Spills and Near Misses: Growing Numbers of Ghost Tankers Ship Sanctioned Fuel
An oil tanker runs aground off eastern China, leaking fuel into the water. Another is...
Japanese Shipping Firm Seeks Government Support for Russia Insurance Risk
Lloyd’s of London Swings to 2022 Pre-Tax Loss on Investments but U/W Profits Up
Long-Term Drought in Spain Expected to Bring More Heatwaves, Wildfires
Markets/Coverages: Mosaic Adds Litigation Liability Cover to Professional Lines Offering
East News
TikTok, Transit Agencies Face Wrongful Death Suit Over New York Teenager’s Death
Chinese company ByteDance and its popular social media platform TikTok are facing a...
West News
AccuWeather: California Storms Added $6-8B in Damage and Economic Loss
AccuWeather issued preliminarily estimates on Thursday showing the total damage and...
Southeast News
Kentucky Governor Signs Bill: Guaranty Fund Won’t Pay Claims from Self-Insurers
Kentucky's governor this week signed into law a bill that seeks to make one thing...
Texas / South Central News
Texas Medical Liability Trust Reports Data Privacy Event
Texas Medical Liability Trust (TMLT) provided notice that the company and its...
Midwest News
Wisconsin Lawmakers Set to Vote on Tougher Riot Penalties
MADISON, Wis. (AP) - Anyone who encourages a riot or engages in violence during a riot...