National News for December 2023
- Reinsurance Buyers Find ‘Smoother’ January Renewals With Ample Capacity: Carpenter
- Hallmark Financial to Voluntarily Delist From Nasdaq
- SEC’s Ambitious Climate Agenda Stalls as US Elections Raise Stakes in New Year
- Title Insurer Reports Another Cybersecurity Event; Fitch Monitoring Ratings
- Google Settles $5 Billion Consumer Privacy Lawsuit
- World Meteorological Organization Says 2023 Will Easily Break Climate Records
- Top National Insurance Journal Stories of 2023
- Truck Engine Maker Cummins to Pay Record $1.675 Billion US Environmental Fine
- Apple Resumes Sale of Watches After Appeals Court Lifts Ban
- Twitter Violated Contract by Failing to Pay Millions in Bonuses, Judge Rules
- Alibaba Must Face Lawsuit Over Counterfeit Squishmallows
- US Seizes BlackCat Ransomware Site, Offering Decryption Tool
- US Workplace Stress at All Time High, Survey Says
- Top Insurance Journal D&O Stories of 2023
- Microsoft, OpenAI Sued by New York Times for Copyright Infringement
- SPAC Mania’s Ugly End Yields $46 Billion of Investor Losses in 2023
- Iranian-Linked Hacks Expose Vulnerabilities of US Water System
- Into the Surge in High-Stakes Verdicts: A Deep Dive Into Nuclear Verdicts
- Litigation Abuse, Regulation, Hard Market Among Insurance Trades’ Priorities for 2024
- Apple to Fight Watch Ban in Court After White House Declines to Act
- Tesla Recalls 120,000 Vehicles Over Doors That Could Unlock in Crash
- Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says
- US Airlines Ready for Busier Holiday Travel After 2022 Meltdown
- People Moves: Triple-I Adds 4 Non-Resident Scholars; Tate Appointed Aspen’s Head of Product for Inland Marine; Schuermann Named President of Berkley Entertainment
- The Rise of Self-Insurance: Navigating Risk in a Changing Insurance Landscape
- FTC Streamlines Probes Related to Artificial Intelligence
- FDA Identifies Recall of Philips Medical Imaging Devices as Most Serious
- Honda Recalling 2.5 Million US Vehicles Over Fuel Pump Issue
- Rite Aid Banned From AI Facial Recognition by FTC After Misuse
- Pulitzer-Winning Authors Join OpenAI, Microsoft Copyright Lawsuit
- Apollo-Owned Aspen Insurance Files for IPO in US
- Citi Suit Raises #MeToo Claims at Wall Street’s Top Levels
- Toyota Recalling Over 1 Million Vehicles Over Potential Air Bag Issue
- Company Party Tips: Be Joyful, Not Liable
- Google to Pay $700 Million to US States, Consumers in App Store Settlement
- A&E Loss Payouts on the Rise; Reserves Will Run Off in 8 Years
- Automakers Oppose NHTSA Bid to Force Recall of 52 Million Air Bag Inflators
- Lawsuits Claiming Tylenol Causes Autism Lack Scientific Support, Judge Finds
- Aon to Buy Middle-Market Broker NFP for $13.4 Billion
- Rite Aid Agrees to Mediation With Opioid Victims, Creditor Panel
- Tesla Moves to Pause EEOC Lawsuit Alleging Race Bias at Factory
- Comcast’s Xfinity Reveals Data Breach Potentially Affecting Nearly 36 Million People
- Flooding Drives Millions to Move as Climate Migration Patterns Emerge
- Expert: ‘Active Year Worldwide’ for Rapid Hurricane Intensification
- Apple to Halt US Sales of Series 9, Ultra 2 Smartwatches Over Patent Dispute
- Vans Owner VF Corp’s Order Fulfillment Operations Hit by Cyber Incident
- WCRI: Consolidation of Health Care Leads to Higher Costs, Longer Disability Duration
- Companies Are Still Trying to Figure Out How to Comply With SEC Cyber Rules
- With One Month to Go, Progressive’s Yearly Combined Ratio Hit Target of 96
- Mission Accomplished: Allstate Announces Calif., NY, NJ Rate Approvals
- McDonald’s Seeks Tighter Child-Labor Compliance by Franchisees
- Alera Group: Personal Insurance Outlook ‘Discouraging’
- SEC Says No to New Crypto Rules; Coinbase Asks Court to Review
- Clorox, Boeing, MGM and More: Why Big Hacks Have Surged in 2023
- Tesla Autopilot Recall Threatens Its Defense in Lawsuits Over Crashes
- NHTSA Takes Step Toward Requiring New Vehicles to Prevent Impaired or Drunk Driving
- Home Depot Appeals to Get Defense Costs From CGL Policies for 2014 Breach
- US Regulators Add Artificial Intelligence to Potential Financial System Risks
- New Research Shows Renters Are Hit the Hardest When a Hurricane Strikes
- NOAA: Arctic Summer Surface Air Warmest on Record
- US Officials Say Russian Hackers Are Launching Potential SolarWinds-Style Operations
- NHTSA Opens Probe Into 447,000 VW, Audi Vehicles
- Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door
- Trends in Auto Thefts Add to Rising Claim Costs
- Tesla Critics Say the Autopilot Recall Fixes Don’t Go Far Enough
- GM’s Cruise Robotaxi Unit Dismisses Nine Execs After Safety Probe
- Ryan Specialty Forms International Financial Lines MGU Ryan Financial Lines
- Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership
- Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More
- Tesla Recalling 2 Million US Vehicles Over Autopilot Safeguards
- Meta Used Copyrighted Books for AI Training Despite Lawyers’ Warnings, Say Authors
- Google’s Court Loss to Epic Games May Cost Billions but Final Outcome Years Away
- As More Shop Around, Many Insurance Consumers Unaware of Rate Factors
- Higher Auto Claims, More Frequent Accidents Continue to Outpace Premium Hikes
- SEC Says Its Binance Case Should Advance Despite DOJ Settlement
- Hackers Stole About $1.7 Billion This Year From Crypto Projects
- Musk Can’t Escape Investor Suit Over Flip-Flop on Twitter Buyout
- Apple-Backed Study Finds Rise in Data Breaches as iPhone Maker Defends Encryption
- Bernie Madoff Is Long Gone. The Lawyers Are Going Strong
- Microsoft Agrees to Union Contract Terms Governing Its Use of AI
- US Commercial Lines Survey Results Show Aggregate Increase of 6.1% in Q3: WTW
- Trump Allies Attack Corporate ‘Bigotry’ Against White Men
- Starbucks Says It Wants Union Talks, Agreements in 2024
- Amazon Asks Judge to Dismiss FTC Lawsuit, Says No Consumer Harm Shown
- NRA to Have Surprising Defender in Supreme Court Free Speech Case: the ACLU
- Microsoft’s OpenAI Investment Risks Scrutiny From US, UK Regulators
- Boy Scout Abuse Claims Fund Shouldn’t Pay $21M in Lawyers’ Fees, Judge Says
- US P/C Industry Turns in $32.2B Underwriting Loss After 9 Months
- People Moves: Newbold Named President of Verisk Extreme Event Solutions; Rudnick Division Manager of FM Global’s AFM
- US, UK Say Russia Targeted Officials in Political Cyber Campaign
- Regulatory Battles In Personal Lines Ahead; Allstate May Drop Customers
- Costs of Small Business Cyberattacks Are Down But Frequency Is Up, Says Hiscox
- Global Insured Losses From Severe Convective Storms Hit New High of $60B: Swiss Re
- Markets/Coverages: Driver Technologies Launches Video Telematics-Based Driver Score
- Airline Industry to Meet to Discuss Safety Concerns Around Spike in GPS Spoofing
- J&J Cites ‘Progress’ Settling Baby Powder Cancer Cases
- Ex-Twitter Exec Claims in Lawsuit He Was Fired for Raising Security Concerns
- Businesses Feel Prepared Yet Lack Ample Insurance, Says HUB Exec Survey
- University of Penn Sued by Students Claiming Antisemitism on Campus
- AM Best Maintains Stable Outlook for U.S. Property/Casualty Commercial Lines
- Bayer Ordered to Pay $3.5 Million in Latest Roundup Weedkiller Trial
- Markets/Coverages: No Application Needed for New NOW Insurance MedMal Coverage
- As Homeowners Face Mounting Disasters, Reality TV Wants to Help
- Catholic Nuns Sue Smith & Wesson to Halt its Assault-Style Weapons Sales
- Florida Commissioner, NAMIC Latest to Push Back on Federal Climate Change Data Call
- 23andMe Says Health Data Was Included in Hack That Compromised 6.9 Million Users
- US DOJ Slaps Criminal Fines on UK Brokers Tysers and H.W. Wood for Bribery
- During Pandemic, Surgeries Delayed, but Care on Track for Injured Workers: WCRI
- NOAA: 2023 Atlantic Hurricane Season Ranks 4th for Most-Named Storms
- Federal Crop Insurance Provides Billions in Profit for Insurers, Says USDA
- US Supreme Court Torn Over Purdue Pharma Bankruptcy Settlement
- People Moves: Ryan Specialty Appoints Nash President of CorRisk Solutions; Dunne Joins AIG Board of Directors
- Jury Orders Egg Suppliers to Pay $17.7M in Damages for Price Gouging in 2000s
- US Personal Lines Outlook Continues to Be Negative: AM Best
- Confie Acquires Acceptance Insurance
- US Supreme Court Set to Review Purdue Pharma Bankruptcy Settlement
- BMW Recalls SUVs Since Takata Air Bag Inflators Can Blow Apart
- Breaches by Iran-Affiliated Hackers Spanned Multiple States
- Trump Denied Immunity Against US Election Subversion Charges
- Business Execs Report Growing Employer, ESG Risk Concerns: Beazley
- People Moves: Markel Says President, COO Cox to Leave Company; Siry Joins Cover Whale as COO and CTO; Glazer Named AIG General Counsel
- WCRI Report Examines Challenges of Low Back Pain and Comorbid Health Issues
- Study: Federal Payouts Bolstered Flood Policy Uptake, Insured Value
- Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer
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