Recent Insurance Industry News

Storm Ian Weakens as Millions Left Without Power

• Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File

• Insurers Should Be Ready for Global Average Disaster Losses of $123 Billion: Verisk

• HP Enterprise to Pay $8.5 Million to Settle Gender Pay Gap Suit

• Intensifying Storms Are Fueling a Record $17 Billion Bond Barrage

• Big I’s Symington Promoted to EVP Before Taking Over as CEO Next Year

Taming Global Supply Chain Risks, Holistically

• Soccer Injuries Cost Top Clubs More Than £500M Annually: Howden

• UK Insurers, Banks Told to Do More to Help Customers Struggling With Cost of Living

• How Methane Leaks Accelerate Global Warming

• Russia Gas Pipelines Now Have Four Leaks, Blamed by Some on Sabotage

• Optus Must Pay Cost of Replacing Hacked Customer Documents: Australia Government

Insurers Ask Court in New York to Seize, Sell Vessel to Pay $39M in Cargo Losses

• Connecticut Regulates ‘Defense Within Limits’ Provisions by Insurers

• Woman Who Gave Birth on Cell Floor Sues, Says Nurses Ignored Her Cries for Help

• $52B Movable Barriers, Storm Gates Eyed for Waterways Hit by Sandy

• New Jersey Insurance Law on Ride-Hailing Does Not Apply to Food Delivery: Court

• New York Bus Driver Pleads Guilty to $30K Workers’ Compensation Fraud

Federal Court Finds Iowa Ag-Gag Law Unconstitutional

• Illinois Candymaker Faces $201,000 in Proposed Fines for Unsafe Workplace Exposure

• Michigan Farmer to Pay $1.2 Million Settlement Over Crop Insurance Fraud

• Focus Acquires Ohio-Based Alpha Insurance Group

• Ohio House Fire Injures 5 Firefighters

• EEOC: Indiana-Based Pharmaceutical Corporation Sued for Age Discrimination

Manufacturer Fined $2.5 Million for Clean Air Act Violations at Louisiana Mill

• Report: Oil Spills Dropped Dramatically Last Decade

• Louisiana Governor to Meet With Lloyd’s of London

• Unlicensed Louisiana Agent Arrested for Insurance Fraud

• Oklahoma Town Facing Probation From National Flood Insurance Program

• Louisiana Furniture Retailer Sued for Race Discrimination

Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File

• Hurricane Ian Spurs Evacuations as Airports, Schools Shut

• Florida Keys Boat Captain Charged in Fatal Parasailing Accident

• Appeals Court Won’t Certify Class Action on State Farm’s Diminished Value Formula

• Jury: Sheriff Should Pay $15M for Death of Florida Teen Outside Fair in 2014

• UPDATE: Hurricane Ian Turning Toward Tampa Area and $258B in Replacement Value

Alaska Landslide Damages 3 Homes, Destroys Pickup

• California Cites Home Health Agencies $2M for Misclassifying 66 Workers

• California to Allow Lawsuits Against ‘Cyber Flashers’

• Alliance 360˚ Acquires M.I. Insurance Solutions in California

• Employees Sickened by Substance at California Plastics Recycler

• Insurers Warn California’s Inaction Threatens Auto Policies