Recent Insurance Industry News

CIAB Survey: Overall Soft Market Conditions Continue in Q2

• Zuckerberg Did Not Make Child Safety a Priority at Meta, Former Engineer Testifies

• A Landmark Supreme Court Ruling Is Upending How America Moves Its Goods

• SEC Sues Former Executives of Collapsed Auto Lender Tricolor

• Markets/Coverages: Lockton Launches US Aviation Practice

• Progressive Boosts Exposure With Football Field Logos at 13 Universities

Romania Destroys Marine Drone Near Neptun Deep Gas Project: Minister

• Climate Change to Cost London Up to £36 Billion a Year by 2050s

• China Sentences Evergrande’s Founder Hui to Life for ‘Heinous’ Crime

• Legacy Consolidator Marco Capital to Buy Insurance Services Firm Pro Global

• Death of Irish Teens in Crash Prompts Social Media Warning

• Latin American P/C Insurers Enter Softer Market but Earnings Stay Resilient

OpenAI Warns of Confusion as Massachusetts Readies Crackdown

• Police Officer Sentenced for Role With Other Officers in Insurance Fraud Scheme

• People Moves: MEMIC Group Adds 2 to Loss Control Team

• General Contractor Found Not Liable for Subcontractor Employee’s Injury

• Pennsylvania Imposes New Rules to Set Up AI Data Centers in State

• Maine Governor Names Darby as Acting Insurance Chief as Schott Departs

People Moves: Jewelers Mutual CEO Murphy to Retire at End of 2026; Alexander Named Successor

• Wisconsin Car Dealership Sued for Retaliation

• Burst of New Solar Power Makes Midwest Grid the Biggest in US

• Amazon to Expand Drone Deliveries to Suburban Chicago, Atlanta

• Indiana Attorney General Warns Residents of Scammers Following Storms

• Death Toll From Indiana Floods Up to 7 as Recovery Gets Underway

Texas Homeowners, Industry Collide Over Transmission Lines

• Louisiana Councilwoman Honored for Fortified Roof Gap Funding Program

• Texas to Audit Data Center Projects

• People Moves: TSLA Selects Sandhu as New Executive Director

• People Moves: Alliant Promotes Newman to Managing Director, Energy Operations

• Lightning Sparks Fire at Massive US Fuel Depot on Key Pipeline System

Automakers Paying $11.5M to Settle Mexican Engineers’ Claims of Job Deception

• North Carolina Banned Litigation Funding but Other States Not Following Suit

• One Insurance Agent Wins, Two Others Miss Out in Florida House Races

• People Moves: King Risk Names M&A VP; Tower MSA Hires Chief Legal Officer

• State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review

• People Moves: Lindberg Whistleblower Obusek to Retire After 30 Years With NCDOI

California Adopts Weaker Home Protection Rules as Wildfires Grow

• Report Shows Growing Silicosis Epidemic Among Quartz Countertop Workers

• Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million

• A $100 Million Mall Reopening Is a Sign of LA’s Uneven Fire Recovery

• Meta Stares Down Trillion-Dollar Threat as Landmark Social Media Trial Begins

• Lala Leaves One Dead in Hawaii With Heavy Rain, Wind to Come