National News for July 2022
- Twitter’s Battle With Elon Musk Over $44 Billion Deal Heads to Oct. 17 Trial
- People Moves: AXA XL New Heads of E&S Property, Middle-Market; Aon Chief Innovation Hire
- Biden EPA to Tackle Coal Industry Carbon With Rules on Other Pollutants
- U.S. Crop Writers Post Record Premium Growth on Commodity Prices, Innovation: AM Best
- Industry’s Blockchain Project, B3i, Ceases to Trade After Filing for Insolvency
- Director of 9/11 Fund Picked to Estimate Cost of J&J Talc Claims
- U.S. Financial Stability Oversight Council to ID More Climate-Related Risks
- Lemonade Closes Deal for Auto Insurer Metromile
- Judge Questions 3M’s Use of Bankruptcy to Fight Veterans’ Suits
- Chubb Increases Loss Cost Trends ‘Rather Than Be Lagging and Get Caught’: Greenberg
- Global Natural Disasters Cost Insurers $34 Billion in H1 2022: Munich Re
- Allergan Poised to Pay More Than $2 Billion in Opioid Settlement
- Applied Underwriters Debuts Entertainment & Sports Division
- 3M Unit Goes Bankrupt in Bid to Resolve Lawsuits Over Military Earplugs
- People Moves: Mann New Verisk CFO; Furlong SVP at Acrisure Re; NFP Hires Michaelson to Energy Practice
- ‘Cryptojacking’ Attacks on Financial Firms Surged in First Half
- Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon
- Ford Bronco Engine Failures Prompt US Safety Investigation
- Teva Reaches Proposed $4.35 Billion Settlement of Opioid Lawsuits
- Chubb Q2 Net Income Drops $1 Billion; Books Record Insurance Results
- Tesla’s Phantom Brake Problem Exposes Need for Human Audits of Machine-Read Data
- Auto Claimants Waiting Longer for Collision Repairs
- Markets/Coverages: Openly’s New Homeowners Carrier; Neptune Flood, SIAA Partnership; MiKargo247 Launches for Per-Load Freight
- Insurtech Funding Levels Hold Steady in Q2 vs. Q1: CB Insights
- Uber Admits Covering Up 2016 Hacking, Avoids Prosecution in U.S. Settlement
- U.S. Sues Chicken Producers, Alleging They Conspired to Keep Wages Down
- Agents Expects Big Jump in Online Commercial Insurance Shopping: Survey
- Cover Genius Expands In Event and Ticketing Industry With Buy of Booking Project
- Hippo Intends Reverse Stock Split After NYSE Non-Compliance Notice
- FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market
- ‘I’m Calling About Your Auto Warranty’: FCC Says No More, Orders Spam Block
- Boy Scouts of America and Girl Scouts Settle Trademark Dispute Over Co-Ed Scouting
- T-Mobile to Pay $350 Million in Settlement Over Massive Hacking
- People Moves: WTW Bolsters Natural Resources Team With 5 Hires; Markel Promotes Pasik for Commercial Casualty
- RLI Bullish on Southeast Property Insurance Market as Others Exit
- Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index
- Allianz Notes Rising Business Interruption Costs in Global Claims Report
- Older and Younger Executives Disagree About Remote Work Arrangements
- Travelers’ Income Drops, but Still Beats Profit Estimates on Record Premium Growth
- People Moves: Liberty Mutual Global Risk Solutions Names Geary President, Insurance Solutions; Norton Promoted to K&K President & CEO as Bixler Retires
- TikTok Algorithm Steers Violent Videos to More Minority Than White Users: Lawsuit
- Americans Bake in Record-Breaking Heatwave
- NHL Stymied by Judge in Its Pursuit of Billions From Insurer for COVID Damages
- Fired Southwest Airlines Flight Attendant Wins $5.1 Million Verdict
- Adar Acquires Rigid Bits Cybersecurity Firm
- Insurance Technology: Zurich Adds Workplace Culture Tool; DriverPremium App Transforms Phone; Kenzen Develops Heat Wearable
- Rat-Plagued Warehouse Winds Down as Family Dollar Faces Lawsuits
- Jury Finds Tesla 1% Negligent in Fatal Model S Crash
- Are MGAs Winning the Insurance Talent War?
- NEXT, Thimble Latest Insurtechs to Announce Layoffs This Year
- Apple Sued Over Antitrust Violations Involving Apple Pay
- SEC Approves Demotech as Nationally Recognized Statistical Rating Organization
- Meta VR Rival Claims It Was Obliterated When Facebook Took Its Name
- Rossini, Suckerman Take New Roles Within Reshuffled AXA XL Cyber Unit
- People Moves: Former Lexington Exec Heads to FutureProof; Hourly.io Hires From Markel; Leisz Joins Nationwide E&S; New CIO at Ryan Specialty
- Personal Auto Results Slow to Recover; GEICO, Progressive to Pass State Farm
- U.S. Senate Democrats Plan Bill Aiming to Restore ‘Net Neutrality’
- Uber Settles Lawsuit Over Disabled Riders, Vows to Waive Fees
- Analysis: State Farm Wins Again With Better J.D. Power Scores Than GEICO
- First Half Insurance Agency M&A Above 5-Year Average: OPTIS
- Program Data Insurtech Noldor Raises $10M
- Log4j Software Flaw ‘Endemic,’ New Cyber Safety Panel Says
- MLB Agrees to Pay $185 Million to Settle Minor League Wage Suit
- Skittles Are Toxic, Federal Lawsuit Claims
- Progressive Corp. Records June, Q2 Loss
- Despite Growing Pressures, Most Cyber Insurers Won’t Exit: Survey
- DOJ Poised to Rebuff Google Concessions, Clearing the Way for Antitrust Suit
- Electric Vehicle Sales Rise Sharply, Signaling Changes for Auto Claims
- Global Premiums Will Eclipse $7 Trillion for First Time by End of Year: Swiss Re
- ‘BazarCall’ Malware Uses Call Centers to Target Small Businesses: CFC
- Atlantic Hurricane Season May Get Boost From Lingering La Nina
- Uber Sued by More Than 500 Female Passengers Over Sexual Assault Complaints
- How Amazon Thinks About Auto Insurance for Delivery Service Partners
- Scientist Explains Role of Climate in Record-Breaking Floods
- Industry Trade Associations Oppose Potential New Cyber Claims Data-Sharing Rules
- Most U.S. Small Businesses Worry Recession is Coming
- Appeals Court Revives Roundup Weedkiller Cancer Lawsuit
- The Global Urgency of Building the Carbon Removal Industry
- Twitter Sues to Force Musk to Consummate $44 Billion Buyout
- Beazley: Data Exfiltration Remains Prevalent as Attack Methods Evolve
- Home Insurance Prices Increase Faster Than Inflation Rate: Policygenius
- Science Offers Basis for National Climate Damage Claims: Study
- Travelers Wants Out of Contract With Insured That Allegedly Misrepresented MFA Use
- PGA Tour Faces Justice Department Probe Over Saudi-Backed Circuit
- Consumers See Inflation Picking Up in Year Ahead but Moderating Over Longer Term
- Acrisure Buys Naming Rights of Pittsburgh Steelers Home Field
- Digital Insurer Ranger Raises $5.25M With Assist From A-Rod for Agent Platform
- Applied Underwriters Bumps All Staff Salaries 10% to ‘Keep Up With Inflation’
- Insurers Wrangle Over Amber Heard Defamation Costs
- Ford Recalls 100,000 Vehicles for Fire Risks, Expands Earlier Recall
- Google Offers Concessions to Thwart US Antitrust Case
- Weather Whiplash: Record-Shattering Yellowstone Floods Expose Model Flaws
- Twitter Assembles Legal Team to Sue Musk Over Dropped Takeover
- Jobs Blowout Cements Case for Another Big Fed Rate Hike
- Insurtech Venture Capital Fund Seeks Digital MGA Startups for Lab
- Cowbell Doubles Underwriting Capacity With Palomar
- Tech Giants Brace for Legal Mess of Abortion Data Subpoenas
- Coalition Closes $250M in Series F Funding, Bringing Its Valuation to $5B
- Bayer, BASF Win New Trial on $60 Million Damage Award in Weedkiller Lawsuit
- China Is Trying to ‘Ransack’ Western Companies, FBI Head Warns
- U.S. House Panel Asks Gunmakers to Testify Amid Mass Shootings
- People Moves: Heinrich CEO of Tokio Marine Highland; Kiernan, Smalley New Roles at AXA XL Re; QBE Re North America Promotions
- The Next Frontier for Drones: Letting Them Fly Out of Sight
- US Testing New Fire Retardant, Critics Push Other Methods
- Independent Agency Customer Platform GloveBox Raises $5.5 Million
- ‘Cautious Optimism’ for Cyber Buyers as More Focus on Risk Controls: Marsh
- Facebook Asks Court for Old FTC Merger Documents in Antitrust Fight
- Doctors Look to Athletes for Clues to COVID’s Heart Impacts
- US Auto Crash Death Rate Highest in Study of Rich Countries
- 25 Years: The Journey of Cyber Insurance
- Rate Increases Steady in Q2: MarketScout
- Markets/Coverages: Physicians Mutual Unleashes Pet Insurance; Allianz Expands Cyber Capacity for Coalition
- Robots May Reduce Physical Injuries But Raise Substance Abuse, Mental Health Issues
- Midyear Prop-Cat Reinsurance Capacity Down For First Time in Decades: Aon
- Explainer: Will U.S. Supreme Court EPA Ruling Rein in Federal Regulators?
- Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data
- Agents: Fourth of July Brings Risks & Claims
- Vertafore Acquires MGA Systems
- New NHTSA Chief: Agency to Scrutinize Auto-Driver Technology
- Tesla Faces New Lawsuit Alleging Racial Abuse Against Black Workers
- ESG Managers Say Wave of Probes, Scorn Heralds Better Days Ahead
- U.S. Supreme Court Limits Federal Power to Curb Carbon Emissions
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