Recent Insurance Industry News

El Niño Likely Strongest in 75 Years, US Forecasters Say

• US to Explore Allowing Driverless Cars Without Steering Wheels

• Viewpoint: Second-Hand Risk – The Growing Threat of Used Equipment in Data Centers

• USDA Introduces More Crop Insurance Options for Forage Producers

• Climate Models Become More Precise Even as Political Attacks Sharpen

• NHTSA Warns 463,000 Kia Owners to Park Outside Over Fire Risks

Conspiracies, Lies and US Influencers Drive UK Street Violence

• Catastrophic Storms to Test China’s Resilience in 2026, Scientists Warn

• Europe’s Financial Stability Watchdog Examining Private Credit Risks, Adviser Says

• Western Europe Records Hottest June on Record, EU Scientists Say

• Southwestern Japan Prepares for Powerful Typhoon Bavi; Taiwan Expects Deluge of Rain

• Business Moves: MGA Fusion Specialty Acquired by UK Asset Manager Arrow Global; Arthur J. Gallagher Acquires Canada’s Wilson M. Beck Insurance Services

Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation

• NY Fed Says Mid-Atlantic Firms Aren’t Done Passing on Tariff Costs

• Trump Loses Bid to Delay Carroll’s $5 Million Trial Payout

• People Moves: DeCotis Welcomes Production Underwriter for Personal Lines

• NYC Orders Pause of Construction on Damaged Midtown Office Tower

• Former Bucknell University Coach Charged in Death of Freshman Football Player

Specialty Farmers Adapt Harvests to Extreme Heat

• Arthur J. Gallagher & Co. Acquires Kansas-Based Med James

• US Files Proposed Deal With Keystone Pipeline Owner Over 2022 Kansas Rupture

• AM Best Revises Outlook to Positive for Illinois’ National Group

• Illinois Governor Signs AI Regulation Bill That Aims to Mitigate Risks

• AM Best Revises Outlook to Stable for Brotherhood Mutual

Company Ordered to Remove Thousands of Wind Turbine Blades in Texas

• DOL Proposes $3.5M in Fines for Safety Violations at Texas Chemical Facility

• Planned Texas Data Centers Could Emit More Greenhouse Gases Than Many Countries

• Brown & Riding Launches National Private Client Practice

• Texas Lawmakers Continue Push to Ban TCH Products

• Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say

Fla. Supreme Court Reverses Lower Court on Compensability of a Workplace Shooting

• Dedicated Volunteers in Nashville Relay Calm, Straight-Talk Info During Dtorms

• Two Florida Industry Veterans Launch Growth Platform for Agencies

• Specialty Farmers Adapt Harvests to Extreme Heat

• Workers at Kentucky Candle Plant Not Limited to Comp Claims, Appellate Court Finds

• Command Investigations Acquires CoventBridge Insurance Division

Trucordia Acquires Assets of Dominion Insurance Services in California

• California Real Estate Agent Sentenced in LA Wildfire Gouging Case

• WCIRB: 2025 California Workers’ Losses and Expenses 102% of Earned Premium

• California Bill to Let Insurers Use Driver Telematics Mulled by Legislature

• Edison Gets Mixed Rulings on Bid to Spread Blame for LA Wildfire

• Apple’s $30B Spend on Broadcom Chips Will Expand Colorado Factory