News for January 2023

• Q&A: Louisiana Commissioner Jim Donelon on Special Session to Address Insurance Crisis
• California Earthquake False Alarm Offers a Lesson for Crisis Communicators
• People Moves: NFP Hires Hawley as SVP in its Surety Practice
• Missouri Engineering Company Fined $198K After Fatal Electrocution
• Davies Acquires Illinois’ MVP
• Texas Power Grid Holding Up Amid Winter Storm
• U.S. Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits
• Markets/Coverages: Combo W&H and EPL Policy From ExecutivePerils; Coalition Adds Crime and Fiduciary Coverage
• Ranks of Quiet Quitters Climb as Layoffs Mount
• Connecticut Supreme Court Upholds Insurers in Two Covid-19 Business Loss Appeals
• People Moves: Mutual of Enumclaw Fills Two New Executive Roles
• New York Gov. Hochul Vetoes Wrongful Death Damages Bill
• 25 Charged in Fake Nursing Diploma Scheme in South Florida
• Residents Told Structure Had No Insurance After Fire Destroys Miami Apartment Complex
• Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points
• Coalition Launches Full-Stack Cyber Insurer for SMBs
• Investor Group Bans Carbon Removal Schemes From CO2 Reduction Plans
• Climate Disaster in Amazon Rainforest Could Cascade Across Earth, Study Finds
• New Zealand Braces for More Flooding From Another Rain Deluge
• India’s Digit Insurance to Refile Papers for $440M IPO After Regulator Raises Concerns
• Facebook Seeks to Block $3.7B UK Mass Action Over Market Dominance
• Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices
• SC Workers’ Comp Commission Holds Hearing on New Medical Provider Fees
• Woman Who Survived Train Crash into Patrol Car Files Lawsuit in Colorado
• Lawsuit: Las Vegas Strip Resorts Used Vendor to Fix Hotel Rates
• Investigation Into Pittsburgh Bridge Collapse Focuses on Multiple Fractures
• AIG Fires Interim CFO Lyons
• AM Best: Louisiana Insurance Incentive Program a “Short-Term Stopgap”
• Dow Chemical to Pay $5.4M Settlement Over Michigan Chemical Spill
• North La. Families Evacuated After Train Derails
• S&P Predicts Reinsurers Will Continue Pricing Momentum During 2023
• W.R. Berkley: Waiting for Discipline in Property; Overall Marketplace ‘Splintered’
• Update: New York Gov. Hochul Seeks to Exclude Medical Malpractice From Wrongful Death Damages Bill
• SC Supreme Court: Missed Deadline Not Reason to Dismiss Workers’ Comp Fee Appeal
• U.S. and EU to Launch First-of-its-Kind AI Agreement
• Freight Truck, Express Bus Crash in Upstate New York Kills 6, Injures 3: Officials
• National Traffic Safety Board Issues Report on Las Vegas Crash That Killed 9
• Southern California’s Santa Ana Winds Toppled Trees, Big Rigs
• Alabama City Starts $10M Upgrade to Failing Sewer System
• Administrator Releases Financial Plan for Jackson’s Shaky Water System
• Video Evidence Questions Alex Murdaugh’s Claimed Timeline in SC Murder Trial
• Today Is Deadline for New York Gov. Hochul to Decide on Bill to Expand Wrongful Death Damages
• Maine Jury Awards $4.5M for Claim of Sexual Abuse Committed 30 Years Ago
• Markets/Coverages: WTW Launches Cyber Facility, Providing Excess Capacity Globally
• Intercontinental Exchange to Start Rival London Gas Market to Dodge EU Price Cap
• French (Yes, French) Executives Are the World’s Worst Workaholics: Survey
• Legal & General’s Wilson to Retire After Decade as CEO
• Insurers Hit With Thousands of Claims Following Storms and Floods in New Zealand
• Filipino Workers Say Oil Company Abandoned Them in Hurricane Ida
• Twitter Asks Judge to Toss Out Proposed Sex Bias Class Action
• Musk Faces SEC Probe for Role in Tesla Self-Driving Claims
• Ford Recalls 462,000 Vehicles for Rear Camera Display Failure
• Allstate’s Castle Key Plans to Drop 33,000 Condo Policies in Florida
• People Moves: California Commissioner Appoints Members to Statewide Boards
• Locals Unhappy Over State Settlement With Superfund Site Owner BASF
• Dozens Injured as Snow Leads to Massive Pileup in Wisconsin
• 2 Big Cannabis Insurance Providers Say Losses from California Storms Not as Bad as Feared
• Wisc. Court: Homicide Conviction Doesn’t Mean Baby’s Death Wasn’t an Accident
• Inszone Acquires Texas’ Austin Insurance
• Illinois’ Miller Mid-America Joins VIAA
• Boeing Arraigned in Texas Court Over Max Jet Crashes
• January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle
• Risk Strategies Deal for Tanenbaum-Harber Agency Includes California-based Firm
• New York Prosecutors Allege Workers’ Comp Premium Fraud in Two Schemes Worth $10M
• Worker Falls to His Death on Ship at Port of Los Angeles
• Dollar General Cited Again for Safety Issues: $15M in OSHA Fines Since 2017
• Kentucky Contractors Workers’ Comp Insurance Fund Moves Into New Headquarters
• People Moves: Insurtech Send Expands With Riley in Marketing; NFP Hires Smith for Employee Benefits
• $1.5B Dike Repair Finally Done at Florida’s Okeechobee, Protecting Thousands of Home
• Report on Mass Shootings Urges Workplace Violence Prevention Plans
• ‘A Tale of Two Halves’ for 2022’s Insurance Mergers and Acquisitions
• CFOs Now Occupy Hottest Seat in Boardroom and Most Acute Labor Shortage
• U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang
• British Financial Services Damaged by Slow Supervisors, Report Warns
• Amazon Rainforest Is Deteriorating Too Fast for Species and Climate to Adapt: Reports
• EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions
• British Motor Insurer Direct Line’s CEO James Steps Down
• Tesla, Insurers Address Expensive Repairs in Sharply Different Ways
• Risk Strategies Buys Tanenbaum-Harber Agency in Florida
• Alera Group Acquires Hackney Agency in North Carolina
• Maryland AG Files Environmental Complaint Against Recycling Firm for Open Dumps
• Tesla Confirms Nevada Expansion to Make More Electric Trucks
• Virginia Teacher’s Lawyer: Administrators Were Warned 3 Times Boy Had Gun
• Light Earthquake Confirmed in Southern California
• Elevated Sentry Tournament of Champions Opens PGA 2023 Calendar
• Swiss Re’s CUO Léger Appointed CEO of SCOR, as Rousseau Steps Down
• Acrisure Re’s Facultative Team Expands Into Poland Via Partnership With Smartt Re
• OSHA Fines 2 Ohio Metal Casting Facilities For Mixing Water And Molten Material
• NRA Sues Over Illinois Two-Week-Old Ban on Semiautomatic Weapons
• Britain Sounds Alarm on Russia-Based Hacking Group
• Madison Square Garden Ban on ‘Enemy Lawyers’ Prompts Legislation, AG Inquiry
• Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability
• Double Whammy of Insurance and Energy Costs to Trigger UK Insolvencies, PwC Warns
• Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks
• Anti-Sexual Harassment Organization, Times Up, Shifts Resources to Legal Fund
• Bill Would Give State Board Control of Mississippi Capital’s Troubled Water System
• More Alabama Counties Eligible for FEMA Aid after Recent Storms
• Kentucky Officials Secure 2nd High-Ground Site for Flood Victim Relocation
• Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year
• Miller Restructures Business Into 2 Divisions to Support UK and International Growth
• Tornado Causes Damage East of Houston
• Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
• Shareholders Can Sue McDonald’s Ex-Executive in Landmark Ruling
• Few Florida Carriers Filed for Arbitration in 2022, But It’s Coming, Attorneys Say
• ACLU Sues Bennington Police Over 2016 Investigation, Arrest
• Army Officer Seeks New Civil Trial in Virginia Over Violent Traffic Stop
• 5 Dead in Wyoming Highway Crashes Caused by Wrong-Way Driver
• Bill Advances in New Mexico to Gird Against Climate Crises
• Judge Dismisses Former Charlottesville Police Chief’s $10M Wrongful Termination Suit
• Takeaways from Our Conversation on Cannabis Price Volatility in 2023
• 7 Killed in Texas Highway Crash; 1 in Critical Condition
• Louisiana’s Donelon Elected Chair of NAIC Southeast Zone
• Suspect in Shootings in Northern California Was Agricultural Employee
• Hardening Construction Market Gives Way to Rise of Captives
• Attorney for La. Insurer Says Firm Working with Contractors to Find New Hurricane Claimants
• Murdaugh Lawyers Want to Bar Lots of Evidence in Trial
• Texas Environmentalists Look to Crack Down on Methane Emissions
• Vermont Workers’ Compensation Rates to Fall Again
• Sentry Teams Up With Motive For Commercial Trucking Telematics Program
• Ohio Dollar General Fined $395K for Hazardous Workplace Conditions
• Kansas Man Arrested on Suspected Arson That Killed Woman, 2 Girls
• Brown & Brown Reports Q4 Net Income of $145M
• FBI Says N. Korea-Related Hacker Group Behind Crypto Firm Heist
• Subpoena Granted in Reno Mayor’s Lawsuit over Tracking Device
• Moody’s RMS Estimates $5B-7B in Economic Losses from California Flooding
• Report Says Social Inflation Adds Up to 11% to Physician Malpractice Claims
• Twitter Sued in Germany in Bid to Force Vetting of Antisemitic Posts
• A Class-Action Wave Is Coming for ESG Claims
• Markets/Coverages: kWh Analytics, Aspen Partner on Property for Renewables; Hub Starts People & Tech Consulting; DUAL New Fine Art Program
• People Moves: Everest Insurance Int’l Hires Powell to Lead Financial Lines; Swiss Re Corporate Solutions Names Arquint CEO EMEA, Succeeding Kleiterp
• UK Parliament Seeks Power to Scrutinize Financial Services Regulators
• Qantas Mayday Alert, Flight Turnbacks Put Safety Reputation Under Spotlight
• No Class of 2023: Why Capital Is Sitting on the Reinsurance Sidelines
• FDA Proposes New Limits on Lead in Baby Foods
• US Targets Google’s Online Ad Business Monopoly in Latest Big Tech Lawsuit
• Climate Is Forcing the Most Risk-Aware Industry to Reinvent Itself
• Alera Group Acquires Collective:Choice in California
• $78M Grant Promises Upgrades for One of Philadelphia’s Deadliest Roads
• Connecticut Gov. Lamont Proposes Gun Laws
• Virginia Senate Committee Advances Gun Bills After School Shootings
• Supreme Court Won’t Take up Applied Suit Against California Department of Insurance
• Texas to Receive $654M in Opioid Funds From CVS, Walgreens
• People Moves: Myers Joins Alliant’s Texas Team; Goosehead Names CFO
• People Moves: Columbia Names Wharton CIO; Global Marine Hires Cochran
• Davenport, Iowa Flood Mitigation Projects Set to Start This Year
• Hazing Lawsuit at Ohio’s Bowling Green Ends With $3M Settlement
• Auto Insurance Shopping – and Switching – Increases
• Nevada Cannabis Regulators Issue Pesticide Advisory for Products
• At-Bay Acquires Licensed P&C Insurance Carrier
• North Carolina Lawmakers Propose Power Grid Protections After Attacks
• Drive Free or Die? New Hampshire Bill to Restrict Pets in Cars Starts Dogfight
• Well-known Injury Lawyer Alex Murdaugh Now on Trial for Murder in South Carolina
• Hannover Re Transfers Cyber Risks to Capital Markets via Proportional Reinsurance
• People Moves: Generali GC&C Taps Former Tokio Marine Exec Kanu as CEO; BHSI Hires Aviva’s Major as UK Country Manager; Marsh Names Perry UK CEO, Credit Specialties
• Q4 Net Income at Travelers Falls 39%
• Jan. 1 Renewals: ‘They Got Done’; Carrier Overreliance on Reinsurers Corrected
• UK Fails to Protect Menopausal Women in Workforce, Lawmakers’ Committee Says
• Remote Work Saves Global Commuters 72 Minutes a Day: Study
• Australia’s Health Care System Prime Target for Cyber Attackers: Minister
• DOJ Poised to Sue Google Over Digital Ad Market Dominance
• People Moves: Marshall & Sterling New Senior Leadership; Rock Hired as Trium Cyber Claims Chief; Nexus Nabs Product Recall Specialist Darlea
• Virginia Jury Rejects Woman’s Claims Against Four Police Officers Over Sex Ring
• Judge Dismisses Whole Foods Workers’ Lawsuit Over ‘Black Lives Matter’ Masks
• Uncertainty Over Whether Frontline’s KBRA Rating Will Be Accepted by Freddie Mac
• Protestor Killed After Shooting Trooper at Georgia Police Training Center Named
• J&J Subsidiary to Pay $9.75M to Settle Claims of Free Products to Induce Surgeon
• 460K Partial Social Security Numbers Mistakenly Released in Washington
• Union Bay Acquires Franchino Agency in New Jersey
• Son Seeks $50M in California Suit for Dad’s Death From Stun Gun
• California Lawsuit Claims Woman’s Death Stemmed from Disneyland Fall
• Germany’s Commerzbank Sues EY for Losses Incurred in Wirecard Collapse
• Louisiana Governor Orders Special Session to Address Insurance Incentive Fund
• Consumer Reports Urges Dark Chocolate Makers to Reduce Lead, Cadmium Levels
• Entergy Louisiana Customers to Cover $1.5B for Hurricane Ida Repairs
• Arthur J. Gallagher & Co. Acquires Texas’ Remco
• Abbott Faces Criminal Probe Over Baby Formula
• U.S. Closes Ford SUV Exhaust Odor Probe Without Seeking Recall
• Few Homeowners Have Flood Insurance in Soaked California
• $930M to Curb Western U.S. Wildfires Crisis
• California County Paying $12M in Beating and Stun Gun Death
• MGA Arcadian Enters D&F Property Binding Agreement With Aviva for Worldwide Risks
• Howden Tiger Forms Broking Division by Aligning Facultative, Consortia, Facilities Teams
• Denny’s Responds After Falling Sign Crushed Car and Killed a Woman
• Construction Firm Denies Illegal Dumping Charges as ‘Legally, Factually Baseless’
• Aircraft Leasing Companies Cautious About Risky Markets After $10B Hit in Russia
• Consilium Launches Cedent Facultative Reinsurance Division
• NFP Acquires UK’s Direct Safety Solutions
• UK Insurers Fear That Promised Brexit Capital Reforms Will Be Derailed
• Europe Braces for a Sharp, Abrupt Real Estate Reversal
• People Moves: TrueNorth Announces Next Step of Leadership Succession Plan; Holmes Murphy Promotes 3
• Laid Off Tech Workers Are About to Get Help—From Allstate
• Wind Turbine, Blades Collapse Onto Wisconsin Field
• Juul Settlement to End Youth-Vaping Lawsuits Gets Initial Approval
• Bayer Sued for Barring Non-U.S. Citizen from Roundup Settlement
• Florida Supreme Court Upholds Law That Bans Gun Restrictions
• South Carolina DOI Extends Expanded Wind Pool Area for 2 More Years
• Professional Soccer Player Killed in Miami Boating Accident
• Washington Insurance Commissioner’s Report on Utilities’ Liability Shows Increased Costs, Exclusions
• No, a Purchase Order Is Not Like Insurance, State High Court Says in Reversal
• Settlement Reached Over Philadelphia-Area School Abuse Claims
• Fatal New York House Fire Latest in Series of Blazes Caused by Batteries
• Regulators Approve Texas Electricity Market Reform
• People Moves: Kinion to Lead Oklahoma Captive Division
• Police Investigate Central Illinois Planned Parenthood Fire As Arson
• Minnesota Art Professor Sues After Firing Over Prophet Muhammad Images
• CEOs Face Challenge Over Sluggish Climate Efforts
• It’s Not Over: Tough Times to Persist for Reinsurance
• People Stranded at Arizona Park Due to Heavy Flooding Headed out
• AI Tools Can Create New Images, but Who Is the Real Artist?
• People Moves: The Hartford Names Dominioni as Northeast Sales Chief; Plymouth Rock Home Appoints Switchenko; Sayata Adds Gidron to R&D
• Massachusetts Firm Charged with Illegal Dumping of Contaminated Fill in Providence
• EPA Will Help Extinguish Alabama Landfill Fire
• Critics Hit Marketing of Flavored Cannabis Products They Say Targets Kids
• Florida Governor Awards $100 Million for Beach Restoration Efforts
• Florida Congressman Steube Recovering After Being Injured in 25-Foot Fall at Home
• Parents, Teachers Angry Over School Safety in City Where 6-Year-Old Shot Teacher
• Cyber Attack Hits 1,000 Merchant Ships as Norway Firm Targeted
• Four Countries Urge EU to Set Date for New CO2-Emitting Trucks
• Judge Orders Boeing Arraigned on MAX Fraud Charge
• FAA Says ‘Unintentionally Deleted Files’ Prompted Computer Outage
• People Moves: Law Firm Constangy Expands With New Cyber Team; Kimball Hughes PR Promotes Coyne; NFP Hires Ferreira to Lead Pro Liability
• T-Mobile Investigating Data Breach Involving 37 Million Accounts
• OSHA Says Amazon.com Exposed Workers to Safety Hazards
• Florida Adjusters Say No Action on Charges of Insurers Doctoring Their Reports
• People Moves: Kerton Joins IOA’s P/C Division
• Washington Commissioner Fines Insurers, Producers
• Davos 2023: Starmer Says No New UK Oil and Gas Fields Under a Labour Government
• 2022 Was Another Big Year for Captives in Vermont
• Meta’s WhatsApp Fined 5.5M Euro by Lead EU Privacy Regulator
• People Moves: Church Mutual Names New President; UFG Appoints Stephenson as New COO
• TWIA to Pursue $2.9B in Reinsurance for 2023 Storm Season
• New Mexico DA Charging Baldwin, Armorer in Movie Set Death
• U.S. EPA Seeking to Focus on Climate Mitigation
• Cable Company Subcontractor Dies After Fall From Bucket Lift in Maine
• TWIA to Determine Probable Maximum Loss for 2023 Storm Funding
• Deaf Student’s Lawsuit at Center of Supreme Court Case
• Kansas Insurance Dept. Recovers $7.6M for Policyholders
• FDA Charges Florida Pharma Supplier with Re-Selling Suspect Drug Ingredients
• Fewer Companies Are Paying Ransoms to Hackers, Researchers Say
• Ransomware Attack Closes 300 Yum Brands Eateries in UK for a Day
• Fox Chief Rupert Murdoch to Be Deposed in $1.6B Dominion Defamation Case
• Insurers Agree to Extend ALE Coverage for Colorado Wildfire Survivors
• Collision With Avalanche Field Derailed Train in Alaska
• Relation Acquires Texas’ Laird
• Supreme Court Rejects Gun Retailers’ Objection to New York Regulations
• Major Aviation Insurer AXA Pulls Back on War Coverage After Ukraine Losses: Reuters
• Disaster Assistance Funds Available for Georgia Housing and Repairs After Tornadoes
• Gunfire Damages Another Electrical Station but No Power Outages
• Are More Tiny Homes the Answer to Orlando Area’s Housing Crisis?
• U.S. Appeals Court to Weigh NCAA Case Over Pay for Athletes
• Texas Plane Crash Kills 4 Members of Tennessee Church
• People Moves: Great American Announces Leadership Promotions; CRC Group Adds Smallcombe
• Louisiana Lawmakers Considering Special Session to Address Insurance Crisis
• Detroit Museum Seeks Dismissal of Lawsuit Over van Gogh Painting
• USDA Rolls Out Rule to Stop Fraud in Organic Food Sales
• Allstate Readies Investors for Q4 Loss of Up to $335M
• Alabama Governor Names Fowler Insurance Commissioner
• 5 Killed, 8 Missing in China Chemical Plant Explosion
• Davos 2023: UBS Chairman Says Regulators’ ‘Eyes Off the Ball’ on Non-Banks
• Airbus Withdraws From U.S. FAA Boeing Safety Culture Panel
• Dutch Senate Expands Constitutional Ban on Discrimination
• Jury Mostly Backs Virginia Police Sued by Army Officer Over Traffic Stop
• Castlelake Launches Bermuda Reinsurer, Itasca Re, for Aircraft Assets
• Wholesale Broker Socius Acquires New York’s Kelly Underwriting
• California Weather Calms But Storm Damage Seen as Extensive
• Leader Bank in Massachusetts Launches Insurance Agency
• Pennsylvania Gov. Shapiro Wants Humphreys to Remain as Insurance Commissioner
• AM Best Downgrades California Earthquake Authority Credit Ratings
• FTX Reports $415M in Hacked Crypto, Bankman-Fried Says FTX U.S. Is Solvent
• Arizona Father Seeking Answers After Son Dies in State Care
• Heritage Insurance Authorizes Another Stock Repurchase Plan After Downgrade, Losses
• California Lawsuit Filed over Oil And Gas Drilling Ban
• Washington Bill Would Force Period Tracking Apps to Follow Privacy Laws
• Costco Must Face Lawsuit Over ‘Dolphin Safe’ Tuna Claim
• Nepal Plane Crash Data Box Sent to France for Analysis
• Germany to Drop Mask Mandate in Long-Distance Transport Next Month
• Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer
• Duane Morris: 2022 Was a Banner Year for Billion-Dollar Class Action Settlements
• The Insuring Cyber Podcast’s Most Listened Episodes of 2022
• Alabama Landfill Still Burning, Triggering Health Concerns, Class Action vs. Owners
• Gallagher Acquires Retail Broker First Ireland Risk Management in Dublin
• Skyward Specialty Finds 2023 Is Right for IPO
• Acrisure Acquires Affinity Brokers in Scotland
• Mayton Named to Arkansas Workers’ Comp Commission
• Lawsuit Filed Over Arkansas Inmate’s Malnutrition Death
• Wisconsin Barley Supplier Fined $174K for Exposing Workers to Hazards
• Minnesota Lawmakers Start Down Path to Legalizing Recreational Marijuana
• Warming Trend Continues in 2022 and Expensive Weather Events Pack Punch
• Tesla Video Promoting Self-Driving Was Staged, Engineer Testifies
• Purmort & Martin Buys Lovinger Agency in Tampa
• Insurers Do Not Have to Defend in Opioid Litigation, Federal Appeals Court Finds
• World Insurance, Kin Make Moves in Florida, South Carolina
• Banker’s Heirs Sue Japanese Insurer Over Van Gogh’s ‘Sunflowers’
• Pennsylvania Mail Carrier Case Tests ‘Reasonable Accommodation’ for Religion
• Tesla Under Fire in Germany Over Union Concerns on Worker Safety, Contracts
• Guns Are Focus of Virginia Annual Lobbying Day
• BMS Acquires Australian Specialist Austbrokers Coast to Coast
• DOXA Acquires Indiana’s Bradshaw
• People Moves: TXOGA Names Carlton as President; Long Joins Alliant in Texas
• Appeals Court Rules Insurers Not Obligated to Defend Distributor of Opioids

News Archives