Recent Insurance Industry News
National News
US Probes Ex-Ransom Negotiator Accused of Scheming With Hackers
Law enforcement officials are investigating a former employee of a company that negotiates with hackers and facilitates cryptocurrency payments during ransomware attacks,...
Google Owes $314 Million for Misusing Android Cell Phone Data
NOAA Delays Cutoff of Key Satellite Data for Hurricane Forecasting
General Mills Changing Nature Valley Labels After Lawsuit’s Herbicide Claim
People Moves: Kaminski Returns to Zurich NA to Lead Direct Markets; Chubb Names Williams Private Equity Leader; Trucordia Names Khanna CIO
Nationwide Completes $1.25B Deal for Allstate’s Stop-Loss Segment
International & Reinsurance News
Highway Robberies Are Now Just Part of Doing Business in Mexico
Late one Friday night, a truck carrying sound equipment for legendary cumbia band Los Angeles Azules was pulled over along the Mexico-Puebla highway. Police at the checkpoint...
Australia’s Qantas Says 6 Million Customer Accounts Accessed in Cyber Hack
M&S Expects Cyberattack Impact to Be Over by August, CEO Says
Legacy Specialist Enstar Goes Private on Completed Acquisition by PE Firm Sixth Street
Heat Waves May Cut GDP by 0.5 Percentage Point in Europe, Allianz Says
Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva
East News
Philadelphia Insurance Is Back Up and Running After Network Outage
Philadelphia Insurance reports its operations have been restored following a network outage. "We have resumed regular operations, though we continue to address minor technical...
NYC Mayor Adams Signs Bill Lowering For-Hire Vehicles’ Insurance Mandate
NYC Commutes Resume After Midtown Bus Terminal Crash Chaos
Maryland Woman Charged With Theft of Contractor and Insurance Funds
Resource Pro Acquires Tech Services Firm Propellint
Shut Three Mile Island Nuclear Plant May Restart in 2027, Owner Says
Midwest News
Trump Hotel Pays $4.8 Million to Resolve Complaint Over Killing Fish in Chicago
Trump International Hotel & Tower Chicago will pay $4.8 million to resolve a complaint that it was killing fish in the Chicago River. A system used to cool the building by...
First Mid Insurance Group Expands Presence in Illinois With Acquisition
Bishop Street Underwriters Acquires Ohio’s Aerospace Insurance Managers
Illinois Settles Wage-Fixing Case with Staffing Agency for $1M
Flint, Michigan Struggles to Complete Lead Pipe Replacement Decade After Water Crisis
Omni Hotels Sued for Alleged Religious Discrimination at Chicago Property
Texas / South Central News
Texas Braces for Budget Constraints as Federal Funding Dries Up
The era of massive state budget surpluses in Texas could be coming to an end. As the last of the federal government's COVID-19 emergency funds are spent and sales tax revenues...
Relation Insurance Acquires Oklahoma’s Advantage Insurance Group
Elon Musk Says First Tesla Drove Itself From Factory to Customer
Texas Medical Marijuana Industry to Push for Hemp Age Restrictions
Tech Industry Trade Group Sues Arkansas Over Social Media Laws
Texas Establishes Response Team to Prevent Re-Emergence of Invasive Screwworm Fly
Southeast News
Judge Mutes GEICO Call Center Workers’ Class-Action Demands Over Unpaid Time
A federal judge in Georgia has put a block on some GEICO call center employees' efforts to create a class action against the insurer, which they claim failed to pay for time...
Once Known as ‘Dirty Myrtle,’ Myrtle Beach Now Fastest-Growing Metro for Seniors
Hancock Claims Acquires Knight’s Solutions, Expanding Service in SE, Midwest
Marsh McLennan Buys Excel Agency in South Florida
New Carrier Reporting Requirements on Investments, Liquidity, SC DOI Says
Homes Are Taking Longer to Sell in US Markets That Once Flourished
West News
Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use
Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry's use of...
Explosion at California Fireworks Warehouse Sets Off Fires, Forces Evacuations
Expansion of Washington Workers Equal Pay Law Starts Today
Washington Insurance Commissioner Issued $838K in Fines
Man Accused of Killing Idaho Firefighters Had Once Aspired to Be One
Newsom Signs Bill Overhauling California’s Landmark Environmental Law