News for October 2021
- California Workers’ Comp Hospital Stays Decline as COVID Affects Quantity and Types of Admissions
- Utah Insurance Department Distributes $25M to Arches Claimants
- Report Details Allegations of Sexual Assault by Former Chicago Blackhawks Assistant
- Purchase of Insurance Does Not Waive Sovereign Immunity, Georgia Court Finds
- Alera Group Acquired Blue Communications in California
- FDA Finalizes Stronger Safety Warnings on Breast Implants
- Florida’s Boyd Promises New Roof Cost and Solicitation Bills
- Fire Destroys US Auto Auction Building in New Jersey, No Injuries Reported
- People Moves: Admiral Names Smyrl President; Hartford’s Schultz Moves to Zurich Life Sciences; Roth Heads AXA XL Cyber Claims; Hippo Adds Hiscox’s Hanson
- Outages Persist After Nor’easter Batters New England
- $17M Jury Award in Deadly Shooting by Off-Duty Officer in California
- Inside the New Mexico Movie Set Where Baldwin’s Gun Fired
- Month-Long Halt in Hurricanes Thanks to Dry Air and Atmospheric Lull
- Family of Man Killed by Snowblower Sues Two Maine Hospitals
- First Half of Year Recorded 18% increase in Road Fatalities
- Climate Protesters Spill 1,000 Liters of Fake Oil Outside Lloyd’s of London
- Flood Re Tours UK With ‘Floodmobile’ Before COP26 to Highlight Flood Resilience
- Swiss Re Reports Better-Than-Expected Profit Despite Major Claims
- Severe South Australia Storms Declared a Catastrophe by Insurance Council
- Amazon-Backed Indian Online Insurer Acko Valued at $1.1B in New Funding Round
- SiriusPoint Forms Partnership with ESG-Focused Startup Parameter Climate
- Louisiana Turns to Travel Trailers For Residents Displaced by Ida
- EXOR Agrees to Sell PartnerRe to Covéa for $9B, Reviving Last Year’s Collapsed Deal
- Arkansas Sues Medical Supplier for $11M for Failed COVID Supplies Delivery
- Ohio Insurtech Coterie Insurance Raises $50M
- Roller Derby Team Sues Cleveland Guardians for Alleged Trademark Infringement
- Striking McDonald’s Workers Protest Alleged Workplace Harassment, Violence
- Bank of England to Push Banks, Insurers on Climate Risk Capital Requirements
- California Insurance Commissioner Makes Numerous Appointments to Boards
- Louisiana Tornado Damages Homes in Region Still Reeling From Hurricanes
- Florida Supreme Court Disbars Plaintiffs’ Lawyer After Deceptions
- Senate Confirms Parker as OSHA Chief
- Florida Posts New Workers’ Comp Doctor Reimbursement, But Lawmakers Must Review
- La Banque Postale Plans to Buy French Insurer CNP
- Georgia to Hold Hearing on Insurance Rule Changes
- Judge Rejects Southwest Airlines Pilots’ Bid to Block COVID-19 Vaccine Mandate
- California Still in Deep Drought Despite Big Storm
- Kemper $17.6M Data Breach Settlement Wins Preliminary Court Approval
- Keystone Agency Partners Appoints Big I’s Rusbuldt as First Independent Board Member
- EU Cybersecurity Agency Warns of Threat From Hackers-for-Hire
- Legal, Insurance, Safety Issues Swirl Around ‘Rust’ Movie Set Shooting
- Johnson & Johnson Reaches $290M Texas Opioid Settlement
- Reinsurers Increasingly Using ILS to Transfer Risks
- Three Teens Accused of Setting Maine Fire Facing Felony Murder Charge
- Illinois Engine Firm to Cut NOx Emissions, Pay $52M in Clear Air Act Settlement
- Suit Claims Trucker in Pennsylvania Crash Wore Noise-Canceling Headphones
- Judge Dismisses More Unsettled Lawsuits Over Sex Abuse by Ohio State Doctor
- Minnesota Furniture Retailer Fined $60,000 for Denying Hire to Transgender Applicant
- FEMA Extends Deadline to Apply for Hurricane Ida Assistance to Nov. 29
- JKJ Merges with Witherspoon on Scuba and Marine Insurance
- Lloyd’s Ups Climate Pledge, Vows to Push Members on Net Zero: Reuters
- UN Proposes Net Zero Verification Standard for Corporate Climate Claims
- Report Finds Meat Plant Workers’ COVID Cases Much Higher Than Previous Estimates
- For Home Insurers, Weather Proves More Costly While COVID Measures Lower Claims
- Unlicensed California Insurance Agent Arraigned in $1.4M Workers’ Comp Fraud Scheme
- California Labor Commissioner Cites Drywall Company $7.2M for Wage Theft
- $5M in Grants Released to Help California Homeowners Prep for Quakes
- Severe Storm Brings Tornado Watch to Texas, Louisiana
- People Moves: J.M. Wilson Adds Hotrum; Omaha National Names Four to Board of Directors
- Study: Indiana Workers’ Comp Average Medical Claims Higher than Most States
- Arthur J. Gallagher Acquires Illinois’ The VanDyke Group
- Residents in 8 Mississippi Counties Can Now Try for FEMA Aid for Ida
- Big Tech Data Centers Generate Concern Over Scarce Western Water
- Pair of Earthquakes Confirmed on California’s Central Coast
- Peak6 to Acquire Rapidly Expanding We Insure
- Chubb Sees Profit Jump on Premium Growth, Underwriting Income
- South Carolina Busts Contractors for Tax Evasion, False Insurance Certificates
- Risk Strategies Acquires New Jersey’s Corrigan Johnston Risk Advisors
- UK-Based Broker KGJ Insurance Is Latest Acquisition for NFP
- Connecticut Seeks Disaster Declaration for Flooding Caused by Ida
- Ex-Liberty University Spokesman Says He Was Fired for Raising Concerns
- Aston Lark Acquires Birmingham Broker Bainbridge Collins
- Global $10.5B Insurtech Funding Train Leaving Many Startups Behind, WTW Advises
- As Strikes, Riots and Civil Commotion Risks Increase, Insurers Respond With Exclusions
- These Women Are Fighting Cyber Crime and Cybersecurity’s Gender Divide
- Ping An Insurance Profit Falls 31.2% as Returns, Premiums Shrink
- Global Minimum Tax Proposal Could Create Double Taxation for Some Insurers: AM Best
- Georgia Court Says No Double Dip on Auto Policies After Accident
- Repairing Mexico City’s Collapsed Metro Could Cost $40M: Grupo Carso
- AM Best Downgrades Outlook for Journey Insurance
- Unvaccinated Pilots Costing It Millions in Paid Leave, United Airlines Tells Judge
- Insuring Cannabis Summit: Capacity Still a Centerpiece of Concern
- Takeaways from Our Conversation on Federal Legalization
- California Labor Commissioner Cites Grocer $1.1M for COVID Sick Leave Practices
- TWIA Policies Expected to Grow by 5.2% in 2022
- OSHA Program Aims to Protect Midwest Workers From Exposure to Hazardous Materials
- Insurance Industry Told to Expect Global Average Annual Disaster Loss of $106B: AIR
- Aromatherapy Spray From India Linked to U.S. Deaths Being Recalled
- People Moves: New Hires at MEMIC Group, GCG Financial, NFP
- Small Earthquake Confirmed in Southern California
- Hippo in California Hires Hiscox’s Hanson to Expand Claims Operations
- Insurer Responsible for Damages After Massachusetts Officer Injured During Training
- California City Pays $500K to Stroke Victim Arrested for DUI
- Pounding Rain Raises Flash Flood Threat in New York, New England
- Commercial Liability Insurers Face Growing Number of False Claims Act Cases
- Analysts Say U.S. Labor Shortage Could Last a While
- AIG Announces Senior Leadership Changes; Readies for Life & Retirement Unit Spinoff
- Safety Head Criticizes Tesla Over Its Release of New Self-Driving Software
- Global Commercial Insurance Rates Rise 15% in Q3 as Moderation Continues: Marsh
- UK Financial Regulator Raises No Objection to Bain’s Acquisition of Insurer LV=
- Reinsurance Price Increases Support Improving Outlook for Sector: Fitch
- Parametric Insurer CCRIF Strengthens Belize Warning Systems for Extreme Weather
- Australian Publisher Urges Government to Compel Facebook to Negotiate Content Deal
- Southern Ontario Storms in September Cause Insured Damages of C$105M
- Indiana Farm Bureau Offers $10K Reward for Information on Barn Arsons
- Allegations of Bias Against Kansas Law Enforcement Rarely Yield Sanctions
- Texas Furniture Maker Faces $247K Fine for Exposing Employees to Amputation Hazards
- More ‘Missing’ Rolexes Turn Up; Owner Charged with Fraud
- People Moves: Villages, AXA Add Names
- IMA Acquires Parker, Smith & Feek in Washington
- California Announces Workers’ Comp Temporary Total Disability Rates for 2022
- People Moves: Garrison Heads Navigators Wholesale; Trochey Joins Ascot; AXA Environmental Adds 3; Allianz Names Houlihan
- Tornadoes Cause Damage Along Missouri Illinois State Line
- Florida DFS Mum After it Drops Public Adjuster Investigation
- People Moves: Tysers’ Allen to Oneglobal Bermuda; MS Amlin Promotes Wallington for Specialty Re; Kessler Named Chair of Insurance Europe’s Reinsurance Advisory Board
- Class Action Claims Kellogg Scrimps on Strawberries in Pop Tarts
- Massachusetts Train Conductor Who Lost Part of Finger Sues Rail Operator
- Ensurise Acquires Virginia’s Gerczak Insurance Agency
- Grocer Sues Oregon Beef Producer for $2.7M Over Outbreak
- NTSB Issues 1st Report on Fatal Midair Arizona Collision
- Maryland Army Veteran Charged with Fraud After Falsely Claiming Disability
- Large Private Employer Coalition Creates Pharmacy Benefit Management Firm
- Georgia Can’t Pursue Ethics Charges Against Former Insurance Commissioner Oxendine
- Recoop Insurance Vows Quick Cash to Homeowners, Renters Hit by Natural Disasters
- What Are the Economic Stakes of Climate Change?
- DNA Testing Firm 23andMe to Expand Into Telehealth With Lemonaid Acquisition
- Greenhouse Gas Levels Hit Record in 2021 as World Fails to Cap Rising Temperatures
- SEC Eyes Clawbacks of Executives’ Pay in Cases of Misconduct
- Citing Software Issues, Tesla Pulls Latest Full Self-Driving Beta
- Hundreds of U.S. Networks Targeted by Russian Cyber Attack, Microsoft Says
- Swiss Re-Backed Getsafe Gets German Insurance License, Permitting Europe Expansion
- NTSB: Driver was Behind Wheel When Tesla Crashed Near Houston, Killing Two
- Berkley One Moves into Tennessee, D.C., Indiana
- EXOR Restarts Talks With Insurer Covéa Over Scrapped $9B Sale of PartnerRe: Report
- Florida Lawmakers May Hold Off on More Insurance Reforms, Despite Warnings
- ‘Rust’ Film Crew Protested Conditions Before Fatal Movie Set Shooting by Baldwin
- On Baldwin’s ‘Rust’ Movie Set and Others, Union Guidance Is Key to Gun Safety
- Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer
- Oregon Agency Inadvertently Releases Employees Vaccine Status
- Arizona Restaurateur Whose Business Was Raided by Sheriff Gets $5M
- North Dakota Aerospace School Halts Flights After Student Dies in Crash
- Louisiana Mayor: 300-400 Buildings Condemned From Hurricane Laura Damage
- Texas Regulators OK Rule Requiring Power Companies to Better Prepare for Winter
- Missouri Officials: Teacher Information Data Breach to Cost $50M Outline
- Parents of Unrestrained Girl Killed on Ride Sue Colorado Theme Park
- Climate Change Makes Drought Recovery Tougher in Western U.S.
- The Liberty Company Insurance Brokers Forms MGA Aura Risk in California
- Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source
- Guy Carpenter Launches Global Insurtech Center of Excellence
- People Moves: New Hire at Willis, Chamness Elected to Norfolk & Dedham Boards
- NCCI Launches Workers’ Comp Learning Academy for Carriers
- Multiple Delaware Residents Indicted for Auto Insurance Fraud
- The Hilb Group Acquires Massachusetts’ Forrest Insurance Agency
- Nashville Clamps Restrictions on Party Buses After Accident
- Lawsuits Decry Lead Levels in Mississippi Capital’s Water
- People Moves: FM Global Promotes Johnson and Dempsey in EMEA; Beazley Names Hiscox’s Wilson Head of Open Mkt, London; Rokstone Taps Pickard as D&F Property U/W
- Bermuda’s Tax Advantage for Re/Insurers to Be Cut With 15% Global Minimum Tax: Fitch
- Texas Workers’ Compensation Saw Telemedicine Services Skyrocket During Pandemic
- Aon and Cybereason Form Alliance to Help Protect Clients From Cyber Attacks
- Employers in Qatar to Be Required to Provide Health Insurance for Expatriates
- Insurance Technology: Guidewire Guides Insurers to Insurtechs; Rhino, Cover Genius Offer Embedded Renters Insurance
- Canal Expands to Larger HQ in South Carolina
- Worsening Off-Season Floods in Venice Trigger Fears About Climate Change Impact
- Mosaic Offers $600M of Capacity for War, Terrorism and Political Violence Risks
- Florida Litigated Claims Dropped 9% in September
- Ohio, Illinois Manufacturing Companies Sued for Disability Discrimination
- Months Before Bankruptcy Move, J&J Offered $4B to Settle Talcum Claims
- Top Regulators’ Roadmap Addresses Climate Change as Threat to U.S. Financial Stability
- U.S. Urges Global Intellectual Property Waiver for COVID-19 Vaccines
- NFL to Offer to Changes to ‘Race-Norming’ Testing Formula Used in Dementia Claims
- Insurance Technology: Catalyit; CyberCube; Tremor; TransUnion and e2Value
- California Insurance Commissioner Lays Out Priorities for CPCU Crowd
- California Releases Climate Draft Plan, Axis Accelerates Retreat from Coal
- Activist Investor Starboard Takes New Stake in Willis, Saying Broker Undervalued
- Chemical Giant to Pay $50M-Plus to Resolve Air Pollution Concerns in Texas, Iowa
- Former Wisconsin Insurance Agent Charged with Fraud; Fined $27K
- Indiana Man Sues After Alleging Police Knelt on Him
- Texas Furniture Manufacturer Fined $249.6K for Exposing Workers to Amputation Hazards
- Florida Suit Claims 2-Year-old Found Used Condom in Posh Hotel Room
- Pay-Per-Mile Digital Insurer Metromile in Drive to Add Independent Agents
- Pennsylvania’s The Perzel Agency Joins The Liberty Company Insurance Brokers
- No Major Injuries After Plane Carrying 21 People Burns in Takeoff Mishap in Texas
- Fifth Member of $31M New York City Trip-And-Fall Scheme Arrested, Charged
- 1,887 Washington Workers Fired, Leave Jobs Due to Vaccine Mandate
- Governor Hochul Declares October as Cyber Security Awareness Month in New York
- Business Owners’ Risk Management Acumen Falls Short in Modern Era: Broker
- AM Best Drops Florida Farm Bureau Outlook to Negative After Surplus Declines
- Howden Acquires Bermuda-Based Insurance Broker Foram
- 3 States Could Lose Their Workplace Safety Authority for Refusing COVID Rules
- FAA Proposes Minimum 10-Hour Rest Period for Flight Attendants
- Cowbell Cyber, Palomar E&S Enter Multi-Year Partnership
- UK MGA CFC Underwriting Receives Major Investment From 2 Private Equity Firms
- UK’s BMS Acquires South Korean Broker VIB, Led by Former Aon Executive
- Castel Targets U.S. Professional Liability Business With Launch of Underwriting Cell
- New Zealand Is 1st Country to Pass Climate Change Disclosure Laws for Insurers, Banks
- Acrisure Enters Brazilian Market with Purchase of Broker It’sSeg
- AXIS Capital Accelerates Its Retreat From Coal Investments and Cover
- Wright National Offers ‘Pinpoint’ Flood Insurance Policies in Georgia
- Asset Managers, Including Allianz, to Cut Portfolio Emissions by at Least 25% by 2025
- No App for That: Florida Court Bans Lawyer-Finding Service, But More to Come
- People Moves: Marcello Joins Lockton as COO of Mountain West; Alliant Adds Hill in California
- ‘We Cannot Do This Alone.’ Biden Cyber Crime Fighter Seeks Corporate Help.
- Oli Insurance Services Acquires Rose City Associates in Oregon
- $8.5M in Citations Issued to Owner of 6 California Residential Care Facilities Upheld
- Hamilton to Cease Writing Property Treaty Reinsurance Through Its Lloyd’s Syndicate
- Louisiana Lawmaker Slams Ida Housing Assistance Program
- Missouri County Approves $146.7K Settlement to Church’s COVID Lawsuit
- New Orleans Officials Investigate Fireworks as Cause of Wharf Fire
- Louisiana Doc to Pay $640K in Kickback Violations Case
- 1 Highway Worker Killed, 1 Injured in Indiana Crash
- Origami Risk Enhances Workers’ Comp Claims Administration Package
- Regulation, Technology Know-How Are Delaying Embedded Insurance’s Full Potential
- Seattle Reports 99% Compliance with Employee Vaccine Mandate
- Man Who Fell From Sports Skybox in New Mexico, Son Get Payouts
- New York Foundry to Pay $276K for Safety, Health Hazards Following Inspection
- Georgia to Pay $870,000 to Whistleblowers Fired by Beck
- New Jersey Executive Who Embezzled $48M Gets 75-Month Sentence
- Two Tornados Confirmed in Western Pennsylvania
- EPA Launches Strategy to Regulate Toxic ‘Forever Chemicals’
- Russia’s Renaissance Insurance to Cut Size of IPO to $250M: Sources
- Broker Aston Lark Announces 40th Acquisition Since 2018 Launch
- Great Shakeout Highlights Dwindling Missouri Earthquake Insurance Market
- Munich Re Doubles Q3 Profit Despite Big Storm Losses in Europe, U.S.
- Re/Insurers Need a Data Strategy to Build Underwriting Transformation Programs
- Banks Demanding Stricter Environmental Criteria When Financing Shipping Companies
- People Moves: Sayata, Willis Towers Name New SE Directors
- Georgia Regulators Can’t Track Overdue Elevator Inspections
- Investment Company JAB to Acquire Majority Stake in UK Pet Insurer, Cardif Pinnacle
- Coverys Launches European Casualty MGA, AEC Europe
- Lockton Launches Silent Cyber Property Solution for Businesses
- BHSI Creates Global Network Across 170 Countries to Raise Multinational Capabilities
- Tokio Sues Warehouse; Says Pellets Improperly Stored, Causing Fire
- 3M Offers $98M to Settle Tennessee River ‘Forever’ Chemicals Claims
- Biden to Nominate Cliff to Head Auto Safety Agency
- Unvaccinated Employees Risk Job Losses as Employer Mandates Take Effect
- Supreme Court Upholds Police Qualified Immunity in Two Cases
- California Labor Commissioner Cites Contractor $1.7M for Wage Theft Violations
- Davies Acquires Insurance Risk Services, an Inspection Firm
- Washington Insurance Commissioner Pursues January Date for Rule to Ban Use of Credit Scores
- Enbridge Fails to Meet Minnesota Aquifer Cleanup Deadline
- Citizens’ CEO: Florida Insurers Swimming in a Sea of Red Ink; Capital Drying Up
- People Moves:White Joins Holmes Murphy; GCG Financial Hires Sobelman
- Business Groups Rally Against, Block Texas Bill to Ban COVID-19 Vaccine Mandates
- Whoa! Horse Riding Is Riskier Than Football, Auto Racing or Skiing?
- One80 Acquires Louisiana’s Equity Partners Insurance Services
- JAB to Acquire Chicago’s Figo Pet Insurance
- Houston Doc Found Guilty of Illegally Prescribing More Than 1.3M Doses of Opioids
- Brown & Brown Acquires Wisconsin’s Remedy Analytics
- Treasury Report Offers Insight Into Surge in Ransomware Activity in 2021
- People Moves: Crest in Arizona Names Pallesen Vice President; Bender in California Adds Pazar
- Pandemic Underscores Need to Diversify Tahoe’s Tourist Economy
- Feds Release Report Aimed at Alaska Aviation Safety
- Southern California Wildfire Almost Fully Contained, Residents Go Home
- People Moves: New Hires at Maryland Insurance Administration, Mosaic, New Dawn Risk
- The Hilb Group Acquires Connecticut’s Gerardi Insurance Services
- New York Directs Two Cryptocurrency Lending Platforms to Cease Activity
- Higher Investment Returns Help Offset Catastrophe, Auto Losses for Travelers in Q3
- Insurance Agency M&As Up 13% Thus Far in 2021: Optis
- Beazley’s Cyber Defense Specialist, Lodestone Security, Opens London Office
- People Moves: D&O MGA Tegron Names Tokio Marine’s Shergill Sr U/W; AXIS Financial Institutions Hires 3 for London Team; Aon Re’s Russell Is Casualty Treaty U/W at Atrium
- Beazley Launches First ESG Syndicate at Lloyd’s
- Amazon Appeals Record $865M Fine for Violation of EU Data Protection Rules
- Arthur J. Gallagher & Co. Buys New Zealand’s Matt Jensen Insurance Brokers
- People Moves: Herman Named Alabama’s Insurance Fraud Bureau Director
- Citizens Insurance Property Inspections to Soar in Next 4 Years
- Alabama Ups Fees for Captives, Adopts New Valuation Manual
- U.S. Auto Safety Agency Faces Backlog of Rules and Missed Deadlines
- Out-of-Practice Airline Pilots Are Looking Error-Prone
- Gallagher Completes Acquisition of India’s Edelweiss Gallagher Insurance Brokers
- FWD Group’s $2 Billion Insurance IPO Stalls in U.S.: Sources
- Paper Uncovers Major Security Flaw in Missouri State Database
- Ohio Lawmakers Push Sex Assault Lawsuit Bills That Would Lift Damage Caps, Time Limits
- Proposed New Orleans Ordinance Aims for Safer Senior Living Facilities in Ida’s Aftermath
- Louisiana Implements Mediation Program for Hurricane Ida Claims
- People Moves: Guaranteed Names Wingate as EVP; Alera Hires Seabold
- Insurers’ Payments to Expert Witnesses Are Discoverable, Florida Supreme Court Says
- People Moves: IMA Adds Marine Practice; Hires McCord, Homrighaus, Roberts in Houston
- Kemper Proposes $17.6M Settlement of Data Breach Claims
- County in Washington Settles Shooting Lawsuit for $3.5M
- New York Mandates Continuing Education for Insurers in Flood Insurance, Diversity
- Mobility Sector Will Need New Insurance Products to Continue to Grow: Marsh
- Attorney Says New Jersey Complex Evacuated Due to Rockslide Will Be Razed
- Massachusetts Bakery Agrees to Settle Race Discrimination Lawsuit
- U.S. Insurers’ Face ‘Minimal Exposure’ in China’s Evergrande Property Crisis
- Guy Carpenter Launches European Wildfire Risk Score as Exposure Management Tool
- Hub International Acquires Canadian Employee Benefits Broker Rogersworks Inc.
- Lawmakers Introduce Liability, Competition Bills Targeting Giant Internet Firms
- China Provides Assurances that Evergrande Crisis Is Being Contained
- Former Boy Scouts Official Tells Congress Group Still Protecting Secrets Over Kids
- Munich Re, Hannover Re Expect Rising Prices After Floods in Germany
- Twins Who Built $1.3B Marshmallow Car Insurance Startup as Industry Challenger
- Canary Islands’ Volcanic Eruption Reminds Insurers of Challenges of Non-Modeled Perils
- Electric Scooter Providers Plan Selective Expansion, Seeking Scale to Survive
- China Urges Development of Accident Insurance, Pension Products for Gig Workers
- Florida Law Officers Want Change to Workers’ Comp PTSD Law
- Benefits of Vaccine Mandates Outweigh Workers’ Comp Costs of Vaccine Injuries
- People Moves: LP Adds DeHart, Pino and Warner in Nevada; Powers-Leavitt Names Woodruff Managing Partner
- ‘Lost’ Rolex Watch Turns Up at Washington Jeweler, Owner Faces Fraud Charge
- Industry Groups Meet at White House on Vaccine Mandate Rule
- California City Paying $11M to Settle Fatal Crosswalk Crash
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