National News for August 2021
- U.S. Treasury Begins Inquiry Into Climate Risks in Insurance
- Court Revives Bernie Madoff Customers’ $343M Clawback Suit Against Citigroup
- ‘Mission: Impossible’ Movie Producer Sues Insurer Over 7 Coronavirus Stoppages
- Chubb Unit Insurance Dispute Complicates Boy Scouts Abuse Victims’ Deal
- Higher Rebuilding Prices Expected to Boost Hurricane Ida’s Insurance Costs
- Bankruptcy Judge Urges Holdout States to Settle Issues With Purdue Pharma, Sacklers
- FDA Tests for PFAS Found No Need to Avoid Processed Foods
- Ransomware Has Been a ‘Game Changer’ for Cyber Insurance
- Law Firms Battle Lawsuits Calling for SPAC Regulation
- Labor Force Participation Rebound Will Take Time: Research
- Ida Loses Punch, Levees Hold; Louisiana Expects More Rain, Flooding
- Notting Hill RRG Launches Long-Term Care Facilities Program
- Commercial Lines Sales Platform Sayata Raises $17M to Expand Beyond Cyber
- How Automakers Are Navigating Differences Over COVID Vaccine Mandates
- Ruling on Purdue Pharma Bankruptcy and Opioid Settlement Delayed Until Next Week
- Microsoft Warns Thousands of Cloud Customers of Exposed Databases: Reuters
- Judge Declines Plaintiffs’ Bid to Block J&J From Offloading Talcum Liabilities
- Veterinarian-Turned-Insurance-Pro Sees Practitioners Thriving But Stressed
- Report: More U.S. Residents Heading Toward Climate Change Dangers Than Away
- Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims
- DealerPolicy Raises $110M for Embedded Insurance for Retail Auto Sales Industry
- 56% of Insurance Companies Plan to Hire Within the Year: Jacobson
- What Insurance Firms Promised at White House Cybersecurity Summit
- White House, Big Tech, Insurers Vow to ‘Raise the Bar’ on Cybersecurity
- People Moves: Insurtech Joyn Adds Schoberth; Chubb’s Lubin Joins Crum & Forster; TransRe Promotes O’Gwen; AXA XL’s Klimczak Moves to U.S.
- Guidewire Acquires Property Risk Data Firm HazardHub
- Startup Raises $60M to Flag Infrastructure Damage, Injuries Before They Happen
- ‘Be Honest’: New Transportation Safety Chief Warns Robot-Car Claims Erode Public Trust
- FDA’s COVID Vaccine Approval Makes Challenges to Mandates Tougher to Win
- Insurance Is on Agenda at Today’s White House Cyber Summit With Tech Leaders
- Agency Partnership News Wrap-Up: Smart Choice, United Valley Insurance Services, Valley Insurance Agency Alliance, Keystone Insurers Group
- Q&A on Fire Risk of Lithium-Ion Batteries in Electric Vehlcles
- ‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
- Call Center Humans vs. Automation: How to Make Inertia Work for Firms and Customers
- SEC Eyes Rules for Financial Firms’ Digital Engagement Practices: Reuters
- Bankruptcy Judge Says Purdue Pharma’s Sacklers Face ‘Substantial’ Liability Risk
- At Deadline, 6 States Had Not Joined $26B Opioid Settlements with Distributors, J&J
- FDA Grants Full Approval to Pfizer-BioNTech COVID-19 Vaccine
- P/C Insurers Boosted Underwriting Net Income 28% in First Half of Year: AM Best
- It Turns Out That Humans Are Secret Weapon for Autonomous Vehicle Startups
- Boy Scouts Delays Bankruptcy Step After Judge Questions Legal Fees, Insurer Deal
- T-Mobile Now Says Data Breach Affects More Than 50 Million Customers
- GM Recall Due to Fire Risk Covers All Chevrolet Bolts
- Judge Grants Conditional Approval for Boy Scouts Sex Abuse Bankruptcy Plan
- ‘Best Agency to Work For’ Nominations Open: Submit Now
- Digital Auto Insurer Root Will Add Independent Agents to Its Distribution
- Tech Giants Are ‘Too Big to Fail’ Because They Host Insurers, Banks on Cloud Platforms
- Early COVID-19 Vaccinations Prevented 140,000 Deaths: Study
- With Federal Legalization Expected, Cannabis Insurers Quietly Get Ready to Roll
- Broker Willis Alleges Unlawful ‘Raid’ on Employees, Clients by Competitor Alliant
- Biden Administration to Require Nursing Home Employees to Get COVID-19 Vaccine
- States Weighing $26 Billion Opioid Settlement Face Saturday Deadline
- TechAssure Launches Cyber Threat Sharing Community to Fight Ransomware
- Insurers Await Judge’s Ruling as Boy Scouts Bankruptcy Hearings End
- Former Purdue President Sackler Says Family Did Not Contribute to Opioid Epidemic
- Ratings Changes for P/C Insurers Up Moderately, Says AM Best
- CDC Creating New Real-Time Disease Forecasting Center
- Classic Car Specialist Hagerty to Become Public Company in SPAC Deal
- T-Mobile Says Hackers Stole 7.8 Million Current Customers’ Personal Data
- SEC Working to Require Corporate America to Disclose Workforce Data
- Sacklers: Purdue’s ‘Moral Responsibility’ to Pay for Opioid Crisis Tied to Liability Shield
- Hacking, But Make It Ethical: How ‘The Good Guys’ Are Boosting Cybersecurity
- Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance
- People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team
- Agencies Ride Commercial Prices, Reopened Economy to Record Organic Growth
- Why Snow, Hail and Wildfire Are Expensive for Insurance Industry
- Court Revives 6,000 Lawsuits Against 3M Over Surgical Device
- Bayer Asks Supreme Court to Reverse Roundup Cancer Claim Verdict
- Ryan Specialty Group Reports It Suffered Cyber Breach in April
- Safety Agency Has Begun Probe Into Tesla Autopilot
- Healthcare Costs, Premiums Likely to Rise for Years Due to COVID-19
- OSHA Urges Employers to Require Vaccinated Workers to Wear Masks
- Apple Loses Patent Trial as Jury Awards Optis Wireless $300 Million
- Report Finds Some Progress on Global Strategies to Reduce Cyber Risks
- How Extreme Weather Makes Everything Harder, Except Climate-Risk Analysis
- Arthur J. Gallagher Agrees to Buy Willis Re
- DUAL to Acquire Align Financial Holdings
- What’s at Stake in Boy Scouts Bankruptcy Case
- Hearings Get Underway Into Boy Scouts Bankruptcy Plan Opposed by Insurers
- Overheated, Underprotected: Climate Change Is Killing U.S. Farm Laborers
- UnitedHealth Pays Restitution, Fine to Settle Charges It Illegally Denied Coverage
- Pass Measures to Lower Prescription Drug Prices, Biden Urges Congress
- McDonald’s Franchise Settles Workers’ COVID-19 Lawsuit
- Concerned Scientists Outline What U.S. Should Do to Deal with Climate Change
- People Moves: WCRI Adds Negrusa; WTW’s Atkinson, Pokora Move to Marsh; WTW Appoints Drummond, Romano
- U.S. Is Vulnerable Enough to Hurricanes. We Don’t Need Another Storm From an Insurance Tax.
- Trial Begins Over Sacklers, Purdue Pharma $10 Billion Opioid Liability Exit Plan
- Flying Taxi Maker Archer Countersues Rival Wisk for $1B Over Trade Secret Accusations
- Americans’ Mental Health Needs, Help Gap Worsen in COVID’s Second Summer
- Update: U.S. Companies Making Masks, Vaccines Mandatory
- Employers Get Religion With Vaccine Mandates
- How Material, Labor Price Hikes Are Affecting Property Insurance
- Suit Accuses Brown University of Failing to Protect Women From Sexual Misconduct
- Tyson Foods Says Employees Getting Shots After Vaccine Mandate
- Epstein Victims Fund Wraps Up After Paying More Than $120 Million in Claims
- Goosehead Unveils ‘Digital Agent’ Platform for Personal Lines Consumers
- Ally Financial to Offer Home Insurance in Partnership With Hippo
- Supreme Court Last Hope for Bayer As It Loses Another Weedkiller Cancer Appeal
- Deadly Rise in Speeding That Began During Pandemic Still Hasn’t Stopped
- Marsh Brokers New Amazon Insurance Network Offering Coverage to Online Sellers
- Amazon Will Pay Shoppers’ Product Claims Up to $1,000
- Once-in-50-Year Heat Waves Now Happening Every Decade: U.N. Climate Report
- GEICO Put a Dent in Berkshire Hathaway Results for Q2
- 5 Key Takeaways From Latest United Nations Report on Climate Change
- Judge Tosses Patent Infringement $308M Jury Verdict Against Apple
- Brookfield Reinsurance Unit to Buy American National for $5.1 Billion
- U.N. ‘Code Red’ Report Warns of ‘Irreversible’ Impact on Climate
- Today’s Teens Are in No Rush to Start Driving
- Biden Administration Examining How Far Employers Can Go in Mandating Vaccines
- Progressive Insurance Hurt by Rise in Auto Claims, Low Premiums in Q2
- Rate Hikes, Investments Help AIG Get Back to Profit in Q2
- Safety Agency Opens Preliminary Probe of Mercedes Delivery Vans Used by Amazon
- Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return
- HCI Group’s Home and Flood Insurtech TypTap Files for Possible IPO
- Submit Your ‘Best’ Tip for Sales, Marketing & Agency Management
- Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion
- Many InsurTechs Go Under Quietly While Others Ride Funding Wave
- Kaseya Ransomware Attack Triggers Race to Hack Other Managed Services Providers
- Judge Says LinkedIn Must Face Lawsuit Claiming It Overcharged Advertisers
- Atlantic Hurricane Forecast Still Calls for an Above-Average Season
- Mexico Seeks $10 Billion in Damages in Liability Suit Against U.S. Gun Makers
- Investors Complete Acquisition of Specialty Insurer ProSight Under Plan to Go Private
- As Delta Variant Spreads, Officials and Firms Push Vaccines, Masks Over Lockdowns
- Study Finds Hands-Free Cellphone Laws Effective at Preventing Deaths, Injuries
- Ruling Against Dentist’s COVID Business Interruption Could Be Key Win for Insurers
- Philips Breathing Ventilator Recall Rated as Most Serious
- Crime App Citizen Offers to Connect Users to Its ‘Protect Agents’
- Sale of Willis Re Still Possible After Collapse of Aon Merger, Gallagher Deal
- Rokstone Adds U.S. Agriculture Division
- 7 Insurtechs With Multibillion-Dollar Valuations
- People Moves: Hartford Names Burns to Lead Marketing/Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG
- AM Best Assigns Credit Ratings, Stable Outlook to Workers’ Comp Writer SUNZ
- Homeowner Insurtech Hippo to Go Public Today as Real Estate Market Remains Hot
- Infrastructure Bill Includes Safety Technology Mandates for Cars, Trucks
- Insurtech Attracts $15.5M to Its Commercial, High Net Worth Flood Insurance Platform
- Mosaic Insurance Launches Transactional Liability Market
- Insurance Broker Gallagher Sued Over Ransomware Attack
- Robot Lawyer DoNotPay, Valued at $210 Million, Plans to Target Small Businesses
- New Securities Class Actions Including M&As Down But SPAC-Related Suits Up
- CNA Overcame Cyber Attack to Finish Strong in Q2
- Aon’s Price Tag for Scrapped Deal to Buy Willis Rises to $1.4B
- Jury in Talcum Powder Trial Finds J&J Not to Blame for Woman’s Death
- ‘Zoombombing’ Costs Zoom $85 Million Privacy Settlement
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