Recent Insurance Industry News

More Insurance M&A Deals on the Horizon?

• Hacked Hospitals, Hidden Spyware: Iran Conflict Shows Digital Fight in Warfare

• Taylor Swift Sued for Trademark Infringement Over ‘Life of a Showgirl’

• Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders

• Crypto ‘Insurance’ Might Not Protect Customers From Theft

• Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses

Iran Strikes Fully Laden Kuwait Oil Tanker in Dubai Port

• China’s Top Private Insurer Taps AI to Unlock $174 Billion Value

• Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War

• Missing Crew Not Found in Iran-Hit Vessel, Thai Ship Owner Says

• Africa’s Biggest City Takes Out $7.5 Million Flood-Risk Policy

• Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk

New York City Sues to Ban ‘Unlawful’ Empower Ridehail App

• Albany Diocese Reaches $148 Million Agreement With Abuse Survivors Committee

• Teens Get Probation for Making Fake Nudes of Students; Claim Against School Expected

• Baseball Player Sues His Parents, Alleging They Are Misusing His Money

• Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction

• Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K

Michigan School District Settles Suit Over Pledge of Allegiance Dispute

• Illinois Hospital Sued Over Vaccine Mandate

• Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati

• Ohio Contractor Sentenced to 17 Years in Prison on Fraud Charges

• AM Best Revises Outlooks to Stable for Members of Western Reserve Group

• Michigan Woman Pleads Guilty in Beauty Store Theft Ring

Texas Pizza Hut Franchise to Pay $35K in Harassment Suit

• Qatar-Exxon LNG Plant Marks First Production From Texas Facility

• Amid Drought, Corpus Christi Seeks Water From Privately Owned Plant

• Meta Funds Seven Gas Plants for Biggest Data Center

• Risk Theory Launches Dealer Transit Service to Address Vehicle Theft

• Texas Man Gets Life After Investigation Finds Arson Used to Cover Murder

A Little Behind Schedule But Execs Say Sypher is On Track for May Debut

• New Online Portal Will Allow a Deeper Dive Into Rural Tennessee

• Sarasota Homeowners Say Breach in County Dike Caused Flooding in Hurricane Debby

• 2 Students Dead and Others Injured in Tennessee School Bus Crash

• Investigators Find Mississippi Gas Pipes Separated but Utility Discounted the Danger

• Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati

LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk

• 3 Killed in Tour Company Helicopter Crash Coast of Kauai

• Study: Rebuilding LA to Wildfire Safety Standards Could Lower Future Fire Losses

• Hawaii to Take Over Aging Dam After Failure Scare During Floods

• Inszone Acquires Streeter Brothers Insurance in Montana

• The Scope of Damage From Hawaii’s Floods Becomes Clearer