Recent Insurance Industry News

One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk

• JD Power: Full Digital Claims Process Drives High Customer Satisfaction

• Trump to Issue Order Creating National AI Rule

• Pierce Named CEO of GEICO as Combs Resigns

• Health Department Unveils Strategy to Expand its Adoption of AI Tech

• Demystifying the Data Landscape: Lake, Warehouse and Lakehouse Explained

Allianz, Oaktree Set Up Reinsurance Syndicate on Lloyd’s Market

• BNP Paribas Raises Stake in Belgium’s Largest Insurer Ageas in Deal Worth $3.5 Billion

• UK Should Go for Bolder Revamp of Rules in Financial Services Sector, Lady Mayor Says

• Satellite Startup ICEYE Raises Funds at $2.8 Billion Valuation as Europe Boosts Defense

• EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap

• McKinsey Says Recovery From South Africa Scandals to Take Years

Massachusetts Court Hears Allegations Facebook Is Addictive to Young Users

• New Jersey Joins States Creating Volunteer Cybersecurity Corps

• People Moves: Donegal Announces Key Marketing Promotion, Retirement

• Afore Acquires Virginia’s Resolve Insurance Group

• Apartment Building Fires Displace 70 Massachusetts Families; No Injuries Reported

• Political Consultant Whose AI Robocalls Mimicked Biden Defies Court Order

Missouri Contractor Charged in Alleged Bathroom Remodeling Scam

• People Moves: Westfield Appoints Scholz as Enterprise CIO; Mosaic Hires Warty to Lead FinPro Lines for Americas Expansion

• Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University

• South Dakota Legislators Plan Bills to Help Residents in Fight Over Limestone Mine

• King Risk Partners Acquires Ohio’s Arnold Insurance Agency

• ZestyAI’s Z-Water Approved in Five States

People Moves: BMB Names Martinez to Surety Team

• Waymo Issues Recall After Illegal Passing of School Buses in Texas

• Federal Funding Shortage Delays Progress on ‘Ike Dike’ Project in Texas Gulf Coast

• Agency Probes Reports Waymo Self-Driving Cars Illegally Passed School Buses in Texas

• Amynta Group Completes Acquisition of Louisiana’s International Sureties

• TSLA Announces Election of Officers & Directors at 2025 Annual Meeting

Miami’s Housing Supply Shortage Hits Affordability, Codina Says

• Verlan Files Subro Suit Against Georgia Chemical Plant After $20M Payout on Fire

• Dunkin’ Cashier in Georgia, Stabbed by Rapper, Can’t Claim More Than Workers’ Comp

• OSHA Fines Korean Construction Firm $20,000 After Georgia Worker’s Death

• Florida Republicans Urge Trump to Back Off Offshore Drilling

• ‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

Excavator Bucket That Crushed Worker Leads to $170K Fine for Washington Contractor

• Atmospheric River to Flood Pacific Northwest Through Week

• San Diego Considers $30M Settlement in Shooting Death of Black Teen

• Honolulu Settling Lawsuit Over Shooting of Micronesian Teen for $1M

• Magnitude-7.0 Earthquake Hit Remote Area Along Alaska-Canada Border

• Arizona Study Group Issues Report on Homeowners Insurance and Wildfire Risk