Insurance News from May 22, 2025
National News
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says
Nuclear verdicts against corporate defendants reached a record high in 2024, led by...
International & Reinsurance News
Kremlin Vows to Defend Its Ships in the Baltic by All Legal Ways
Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said,...
Aircraft Lessor SMBC’s Proceeds From Russian Jet Insurance Settlements Hit $1.4B
Thames Water Tops List of Firms Facing Criminal Probes Over Pollution
Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal
People Moves: Willis Promotes Williamson as Canada Leader; HDI Global Taps RSA’s McDowell as Sales & Distribution Lead for International Programs and Captives
East News
Fire Damages Popular ‘Pond-to-Table’ Rhode Island Restaurant
SOUTH KINGSTOWN, R.I. (AP)— One of Rhode Island's most famous restaurants has been...
West News
Plane Crashes into San Diego Neighborhood, Setting Homes and Vehicles on Fire
Multiple people on board a private plane that crashed into a San Diego military housing...
D.A. Says Former California Police Officer on Workers’ Comp Went to Festival, Skied
People Moves: Golden Bear Names Hohman Chief Underwriting Officer
California Security Company Owner Sentenced in $3.4M Workers’ Comp Fraud Case
Washington Commissioner Issues $500K in Fines; $250K Fine for Unlicensed Insurer
Southeast News
While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance
More than two months after a tornado demolished his Mississippi home, Brian Lowery...
Texas / South Central News
New Orleans Archdiocese to Pay $179M to Victims of Clergy Sexual Abuse
The Archdiocese of New Orleans agreed to pay nearly $180 million to victims of clergy...
Midwest News
Man Who Burned Down a Missouri Church Sentenced, Ordered to Pay $7M
A man who admitted in federal court to setting the fire that destroyed an eastern...