Recent Insurance Industry News

A Quieter Hurricane Season This Year Could Still Pummel the US Power Grid

• Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M

• Lawyers, Traders Among 30 Charged in Global Insider Trading Case

• White House Prepares Order to Boost AI Security, Says Economic Advisor

• Ultimate Guide to Travel Insurance for Complex Times

• People Moves: Ryan Specialty Underwriting Managers Names Anthony President of US Assure; CRC Group Adds to Specialty Team

Iran Sets Out Process for Hormuz Transit But Shipowners Are Wary

• One CMA CGM Vessel Attacked While Transiting Strait of Hormuz, Another Exits Gulf

• EU Countries, Lawmakers Clinch Provisional Deal on Watered-Down AI Rules

• Thieves Are Stealing Chile’s Solar Panels and Cashing In on the Black Market

• Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW

• Allianz Commercial Transitions its Standalone Cyber Business to MGA Coalition

Eric Cioppa, Long-Time Insurance Regulator and Leader, Passes Away in Maine

• Sandy Hook School Safety Program Draws 400K Anonymous Tips, Teaches Red Flags

• JPMorgan Tried to Settle Sexual Assault Claims Before Lawsuit: Spokesperson

• People Moves: Pennsylvania Lumbermens Mutual Promotes Leadership Team Members

• Man Sentenced for Commercial Learner’s Permit Cheating Scam Using Bluetooth

• Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts

People Moves: Brotherhood Mutual Announces Leadership Promotions & Transition; Assurex Global’s Johnson Named SVP, Global Growth Strategy

• Trump Administration Seeks to Stop Minnesota Lawsuit Against Oil Companies

• People Moves: Society Insurance Names Kohli as VP of Information Technology

• Railroad Wrongfully Suspended Worker for Reporting Collision: OSHA

• Wheat Crops Wither, Herds Thin as Spring Drought Deepens

• American Farmers Shun USDA Surveys as Trust in Data Erodes

Texas Mutual Board Approves $300M Dividend Distribution

• 10 Hospitalized After Chemical Leak at Louisiana Business

• Louisiana Directive Requests Annual Reporting of Personal Lines Data

• TWFG Acquires Texas-Based Asset Protection Insurance Associates

• Wheat Crops Wither, Herds Thin as Spring Drought Deepens

• SpaceX Sued for Alleged Home Damage in South Texas

Reporting Shows Georgia Officials Knew Carpet Mills Polluted Local Water

• Kentucky DOI Posts Local Premium Tax Schedule for 2026-2027

• Florida’s Baldwin Group Brokerage Sees Small Q1 Loss After Busy Merger Year

• Spirit Airlines Shuts Down After 34 Years, Blames Higher Oil Prices

• Fire Destroys Lab Building on University of South Florida Campus

• People Moves: NCDOI Names Price Deputy Commissioner Over Company Services

States Across Wildfire-Prone West Are Using AI for Early Detection

• Slide Insurance Expands Homeowners Coverage to California

• Pacific Hurricane Season Brings Higher Risk of Impacts for Hawaii, SoCal, Mexico

• Bird Flu May Spread Through Air on California Dairy Farms, Study Finds

• DOJ Files Statement of Interest in California Fire Insurance Case

• A Quiet Alaska Fault Is Missing The Fluids Scientists Expected