National News for May 2025
- Congress Could Unravel Biden’s Climate Law. Here’s What to Watch
- Viewpoint: Life-Saving Building Codes Are the Unsung Heroes of Resilience
- SEC Dismisses Lawsuit Against Binance Crypto Exchange
- Industry Vets Bonneau and Bredahl Form Novel Financial, Acquire Forza Insurance
- Trump Administration Is Rolling Out a New Way to Shrink FEMA’s Role
- Trump’s Tariffs to Remain in Effect After Appeals Court Grants Stay
- Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
- Victoria’s Secret Website Down as Lingerie Seller Addresses ‘Security Incident’
- New York Times Agrees to License Content to Amazon for AI Use
- US Court Blocks Most Trump Tariffs, Says President Exceeded His Authority
- Wildfire Experience Inspires New Contents Claims Insurtech
- US Agrees to End Use of Race, Gender in Highway, Transit Contracts
- Viewpoint: Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters
- People Moves: Miller Rejoins Lockton to Lead Stop Loss, Pharmacy Practices; Zurich Alum Andrejko Returns as Head of Construction Pro Liability
- Inflation Impacting Workers Comp Medical Costs: WCRI
- FTC Drops Case Over Microsoft’s $69 Billion Activision Blizzard Deal
- Ford Recalls Nearly 1.1 Million Vehicles Over Rearview Camera Software Issue
- Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums
- As Schools Prepare to Pay Athletes, What Role Will Insurance Play?
- Boeing Agrees to Resolve US Criminal Case Over 737 Crashes
- Industry Vet Plumeri Joins Insurance Advisory Partners as Chairman
- DIY Home Inspections Are Taking Over, Firms Say
- Russian Hackers Target Western Firms Shipping Aid to Ukraine, US Intelligence Says
- FTC Nixes Antitrust Lawsuit Against PepsiCo Over Pricing
- More Tornadoes, Fewer Meteorologists Make for a Dangerous Mix
- People Moves: Jenks Named President of JH Blades; Gonzales Joins Alliant Healthcare
- Don’t Miss Out: Enter Now for Insurance Journal’s Top 100 P/C Agencies Ranking
- Private Funds Are Turning to Complex Bonds to Tackle Cash Crunch
- AIG Settles Lawsuit Against E&S Rival Dellwood and Former Employees
- Viewpoint: The Vital Role of Claim Professionals After Cyberattacks
- In Lawsuit Over Teen’s Death, Judge Rejects Free Speech Rights for AI Chatbots
- ‘Big Beautiful’ Tax Breaks for Insurance Agents in Bill Passed by House, Says Big I
- Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says
- Get Ready for Another Busy Atlantic Hurricane Season
- FEMA Senior Officials Exit as Trump Targets Agency
- Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says
- Markets/Coverages: CFC Adds Cyber Proactive Response to More Industry Products
- Air Traffic Control System Failing Americans, Airline CEOs Say
- Viewpoint: Loss Control Services Are Underused Tools to Reduce Identity Security Risk
- AI Regulation Ban Meets Opposition From State Attorneys General
- Budget Cuts at EPA Become Flashpoint at a Heated Hearing
- Former Progressive CEO Renwick, 69, Dies
- Hack of Contractor Was at Root of Massive Federal Data Breach
- Acrisure Secures $2.1 Billion Funding Round for M&A, Tech
- People Moves: World Insurance Associates Names Youshock Head of Personal Lines; Belair Appointed President of Technology at Intact Insurance Specialty Solutions
- Hacker of App Used by Trump Aide Stole Data From Across Government
- Boost Prices or Retreat? How Carriers Improved Homeowners Books in 2024
- Thoma Bravo’s Nearmap to Buy Insurance Tech Firm Itel for Over $1.3B
- No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best
- Stablecoin Bill Advances in US Senate in Big Win for Crypto
- People Moves: Boroughs Named Chubb Group Vice Chairman, Hogan Succeeds Boroughs as Investment Officer; Cushing Named Head of Construction at Zurich NA
- APCIA: Record Shows ‘Minimal Complaints’ on Hurricane Milton, Helene Claims
- Motion Specialty Launches Lloyd’s MGU, Founded by Former Hiscox Executives
- FCC Approves Verizon Deal to Acquire Frontier After DEI Changes
- Despite Backlash From Trump, DEI Hasn’t Disappeared at US Companies
- Q1 Shows ‘Clear’ Signs of Commercial P/C Softening, Says CIAB
- Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers
- Captives to Remain Viable as Market Softens: RIMS Panel
- Sedgwick: Number of Recalled Products in US Rose 25% in First Quarter
- EPA to Rollback Limits on ‘Forever Chemicals’ in Drinking Water
- Christian Dior Couture Client Data Breached in Cyberattack
- Sedgwick Experts Outline Key Workers’ Comp Claims Trends
- Coinbase Hackers Had Access to Customer Data Since January
- People Moves: Zurich NA Promotes Fox to Lead National Accounts, Caminiti CUO
- FEMA Chief Says Agency Will Raise State Burden for Disasters to 50%
- US House Bill Reintroduced to Rid Federal Insurance Office of Subpoena Power
- Coinbase Says Bribed Workers Leaked Data to Hacker Seeking $20 Million in Ransom
- Workers’ Comp Premiums Fall 3% in 2024; Combined Ratio Holds at 86: NCCI
- 2024 P/C Insurance Combined Ratio Best in More Than a Decade
- State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing
- Waymo Recalls 1,200 Self-Driving Vehicles After Minor Collisions
- Steelmaker Nucor Shuts Down Some Output After Cyberattack
- Toyota Settlement, Walmart Lawsuit Scrapped by CFPB
- USDA Restores Some Climate-Related Webpages After Farmer Lawsuit
- Markets/Coverages: Markel Launches Affirmative Cyber Product for Collateral War Cover
- As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
- People Moves: Zurich Gets Himes From Chubb To Lead Underwriting for US Mid Market
- State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
- Court Hears Small Business Bid to Block Trump Tariffs
- Markets/Coverages: CRC’s Starwind Specialty Launches 4 Programs
- Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
- Markel Insurance CEO Wilson Lays Out Strategy for ‘Bread-and-Butter’ E&S Business
- FM Clients to Receive Share of $1 Billion in ‘Membership Credits’
- SEC Chair Says Agency Plans to Create New Rules for Crypto Tokens
- Markets/Coverages: QBE Starts New Commercial Property Product for Large Companies
- Hub to Get $1.6B Minority Investment, Valuing Company at $29B
- Insurer Coalition: Costs From Business Email Compromise Rise in 2024
- Labor Market Stays Resilient, but Workers Less Productive in Q1
- White House Dismisses Democrats on Consumer Product Safety Commission
- ‘Don’t Get in My Way,’ the New Acting Head of FEMA Warns Staff
- Why Trump’s Plan to Stop Tallying Weather Losses Matters to the Insurance Industry
- FTX Lawsuit Against Tom Brady, Stephen Curry, Others Is Narrowed
- Shedeur Sanders Fan Sues NFL for $100M Over Quarterback’s Draft Slide
- How Does Food Safety Work, and What Cuts Has Trump Made?
- Commercial Property Customers Cutting Insurance Corners Despite Risk
- Acting FEMA Chief Is Ousted After Less Than 4 Months
- Liberty Mutual Q1 Net Income Down 33%
- Root Builds on First Profitable Year With Reversal of Q1 Loss to Start 2025
- Apollo’s Aspen Insurance Raises $397.5 Million in US IPO
- Trump’s Plan to Fix Air Traffic Control Faces Huge Hurdles
- Lloyd’s Promotes Chief of Markets Tiernan to CEO, Succeeding Neal
- UnitedHealth Sued by Shareholders Over Reaction to Backlash From Executive’s Killing
- Viewpoint: Challenging P/C Market Generates Opportunities for Surplus Lines’ Writers
- Nearly Quarter of People on Long-Acting Opioids Develop Addiction
- Apollo-Backed Aspen Insurance Guides IPO Price at Midpoint
- NSO Group to Pay Nearly $168M to Meta’s WhatsApp for 2019 Hacking
- US Seeks Forced Sale of Google Ad Technology Products
- Delta Must Face Passenger Lawsuit Over Massive CrowdStrike Computer Outage
- Berkshire Shareholders Reject Diversity, AI Proposals
- Renewal Rates Continue Upward YOY for Most Commercial Lines: Ivans Index
- Burger King Must Face Lawsuit Over Whopper Ads
- People Moves: Dunn Joins Marsh as US Construction Practice Leader; Canopius Appoints Varghese as Head of Marine, US
- Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow
- Q1 Has Lowest Insurance Agency M&A in 5 Years; Mega Deals Coming?
- Message App That Waltz Was Seen Using Is Probing Possible Breach
- Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate
- Q1 Net Income at CNA Financial Down 19%
- Why Trump Is Ending Enforcement of Civil Rights Laws That Ban ‘Disparate Impact’
- Judge Allows Testimony That Abbott, Mead Johnson Baby Formula Caused Disease
- Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI
- Buffett to Step Down Following Six-Decade Run Atop Berkshire
- JD Power: Drivers Keep Shopping Even as Auto Insurance Price Increases Slow
- Student Competition to Showcase Young Talent at RIMS
- Uber Teams Up With May Mobility to Launch Robotaxis in US Cities
- Zurich Offers ‘Roadmap’ to Prep Businesses, Governments for Climate Change
- APCIA, IBHS Testify Before Senate Committee on Loss Mitigation
- Berkshire Outguns Market as Buffett Reaches 60 Years in Charge
- AIG Q1 Underwriting Income More Than Halved on Wildfire Losses
- People Moves: SmartChoice Chooses Caldwell as CEO; Griffin Promoted to Zurich US Head of Multinational Underwriting; Burns & Wilcox Names New York, Chicago Leaders
- The Hanover Reports 11% Growth in Q1 Net Income
- Business Moves: CRC Group Acquires ARC in E&S Deal
- Countries Shore Up Digital Defenses as Global Tensions Raise Cyberwarfare Threat
- Buyer’s Remorse Hits Finance Bosses Who ‘Overhired’ for ESG
- Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses
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