Recent Insurance Industry News

US Probes Ex-Ransom Negotiator Accused of Scheming With Hackers

• 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

Highway Robberies Are Now Just Part of Doing Business in Mexico

• 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

Philadelphia Insurance Is Back Up and Running After Network Outage

• 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

Trump Hotel Pays $4.8 Million to Resolve Complaint Over Killing Fish in Chicago

• 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 Braces for Budget Constraints as Federal Funding Dries Up

• 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

Judge Mutes GEICO Call Center Workers’ Class-Action Demands Over Unpaid 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

Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use

• 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