News for February 2023
- People Moves: Travis joins Brotherhood Mutual Insurance Company as Senior Vice President
- Study Says Back-to-Back Hurricanes Likely to Come More Often
- Progressive CEO: Early Rate Actions Helped Growth
- Ohio Residents, Norfolk Southern Strike a Deal on Crash Evidence
- Storm Across Texas and Oklahoma Likely Qualified as a Derecho
- Georgia Bill Would End Direct Action Suits Against Insurers in Truck Accidents
- Visa, Mastercard Pause Crypto Push in Wake of Industry Meltdown
- Does a Shipper Have Duty to Obtain Sufficient Insurance for Goods?
- NTSB Says Medical Plane Apparently Broke Apart Before Deadly Crash in Nevada
- Latino Workers at Tennessee Meat Plant Reach $1.2M Settlement in Immigration Raid
- Florida Speaker Says Tort-Reform Bill May See Changes Before It’s Approved
- Acrisure Continues European Expansion With Launch of German Subsidiary
- Murdoch Testified Fox News Hosts Endorsed Idea That Biden Stole Election
- Walmart Loses Challenge to OSHA Finding in Injury at New York Warehouse
- Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022
- Hong Kong’s FWD Group Raises $1.8 Billion in Private Placements Over Past 2 Years
- AXA Sells Stake in Monte dei Paschi After Providing Cash Call Support
- Reinsurance Recap: 2022 Results Mixed as Market Improves
- Cyber Official Urges Microsoft, Twitter to Boost Security
- Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus
- Tesla, Musk Sued by Shareholders Over Self-Driving Safety Claims
- Appeals Court in NC Says Undercover Filming of Farms is Protected Speech
- Baddour Reappointed to NC Industrial Comm; Clement President of Alabama Agency
- Maryland Among States Mulling Ending Child Sexual Abuse Lawsuit Time Limits
- Research Shows Low-Volume/High-Cost Meds in California Workers’ Comp
- Appeals Board in California Defines How Close Water Must be for Workers
- Texas High Plains Blanketed by Dust Storms
- World Insurance Acquires Durfee Buffinton in Massachusetts
- U.S. Supreme Court to Hear Fight Over Consumer Watchdog Agency’s Funding
- Russian Oil Is Being Stored in Ghana as Pool of Buyers Shrinks
- La. Judge Mulling Further Sanctions Against Hurricane Damage Law Firm
- Cause of Huge Indiana Warehouse Fire Listed
- People Moves: Robinson Named CEO of Optio; Bogardus Becomes Chief Executive of Everest Re Singapore; Pen Underwriting Promotes Simmonds in Public Sector Division
- TD, Other Banks Reach $1.35B Settlements to End Stanford Litigation
- Hurricanes Moving Farther North to Pummel Millions More Homes in US
- Plastic Consumption on Track to Nearly Double by 2050: Research
- Officials Say Heavy Ice a Possible Factor in Deadly Alaska Gym Collapse
- Family of Colorado Man Killed by Deputy Files Lawsuit
- 5 Dead, Including Patient in Medical Flight Crash in Nevada
- French Bank BNP Paribas Sued by NGOs Over Amazon Rainforest Deforestation Link
- Florida Nursing Home Operator Acquitted of Causing Patient Deaths in Hurricane Irma
- Cyber Insurance Market Back From Brink After Onslaught of Ransomware Attacks
- Michigan Judge Rejects Agency’s Bid to Shield Pro-Union Starbucks Workers From Firing
- Norfolk Southern Cleared by EPA to Resume Ohio Waste Shipments
- Berkshire Hathaway Reports First Underwriting Loss Since 2017, Drop in GEICO Staffing
- Lindberg Indicted on New Federal Charges of Skimming From His Insurance Companies
- Florida’s Universal Insurance Bounces Back in Q4 After Hurricane Ian Losses
- Kentucky Senate Votes to Provide Teachers with Liability Insurance for Lawsuits
- Florida City’s Insurance to Pay $2 million in Settlement in Fatal Police Shooting
- New Jersey Beach Town Fined $12M Over Unapproved Past Construction Work
- E-Bike Batteries Blamed for 22 New York City Fires, 2 Deaths This Year
- Worker Killed in High Rise Condo Balcony Collapse
- People Moves: Aspire General in California Names Chairman
- People Moves: Valley Insurance Agency Alliance Promotes McCoy to Powers Personal Lines Manager; Church Mutual Promotes Two Assistant VPs
- Toxic Wastewater From Ohio Train Derailment Headed to Houston Suburb
- NTSB Investigates Arkansas Plane Crash That Killed 5 Employees of Environmental Firm
- Teen Volleyball Player Pinned Between Cars, Loses Legs in St. Louis
- Texas Dollar Tree Store Fined $254K for Shortchanging Employee Safety
- Insurers Face $500M in Claims for Ships Stuck in Ukraine – a Year After Start of War
- Winter Storms Ravage Multiple States
- States Look to Remove Legal Protections for Gun Industry
- Federal Appeals Court Upholds Denial of ITT’s Covid-19 Insurance Claims
- What P/C Insurance Leaders Read; Carrier Management Classics
- Colorado Among States Looking To Remove Legal Protections for Gun Industry
- Commercial Insurance Price Increases Stay Level But Clients Still Worried: CIAB
- Florida TV News Crews Reeling After Reporter, 2 Others Gunned Down in Orlando
- Ukraine to Set Up $500M Insurance Fund for Cargo Ships Entering Ports
- Georgia Lawmakers Pare Back Bill that Would Increase Truck Weight Limits
- Fire at Tennessee Uranium Processing Complex Contained
- Liberty Mutual Tackling U.S. Personal Lines Challenges
- Shipping Industry Intensifies Calls to Free Seafarers Still Trapped by Russia-Ukraine War
- Consilium Launches Specialty Treaty Reinsurance Division
- Declines in Maternal Death Rates Stall Amid Increases in U.S., EU
- Chile Finalizes Major Earthquake Insurance With World Bank
- Earlier Warning Might Have Spared Ohio a Derailment, NTSB Says
- New Zealand Needs to Rebuild With Resilience to Extreme Weather: PM
- Florida’s Notice-of-Intent Trips Up Medicare Recovery Firm in Suits Versus Insurers
- Pennsylvania Nears Vote on Opening Window to Child-Abuse Lawsuits
- Right-to-Repair Referendum Qualifies for Ballot in Maine
- Takeaways from Our Conversation on the Best Position to Start an Insuring Cannabis Career
- Former Pitching Coach Sues New York Mets for Age Discrimination
- Vermont Considers Ending Clergy Exemption From Abuse Reporting Laws
- ALKEME Acquires ACW Group in Hawaii
- SterlingRisk Acquires Worldwide Insurance in Florida
- People Moves: Liberty Mutual Names Orloff President, GRS, Middle Market; Risk Strategies Appoints a COO
- Univ. of Texas System Pauses New DEI Policies
- Texas Dental Practice to Pay Back Wages to Workers Fired for Raising COVID Concerns
- Insurers’ Digital Claims Tools Failing Customers: J.D. Power
- Parts of Northern US Shut Down Ahead of Massive Winter Storm
- Norfolk Southern CEO Apologizes to Ohio Residents, Vows to ‘Do What’s Right’
- Eighth Innovation-in-Insurance Awards Now Open for Submissions
- Root Books Another Net Loss; Stays Positive on Embedded Insurance Results
- Chubb Announces Name of New Global Climate Unit, Appoints 3 Execs
- DOL Recovers OT Pay for NC Workers Misclassified as Independent Contractors
- Bent Track a Factor in Deadly Montana Amtrak Crash
- Tanker Detained by Spain Did Not Cause Pollution, Turkish Manager Says
- With Rate Increases Still Pending, Lemonade Is Slowing Growth in ’23
- Update: Top EU Bodies Ban TikTok on Staff Phones, Citing Need to Hike Cybersecurity
- Florida Art Dealer Pleads Guilty in Warhol Forgery Scheme
- Moody’s RMS Estimates $5B Insured Losses From Turkey Quake as Costs Keep Mounting
- Thunderstorms, Possible Tornadoes Ravage Central New Jersey
- Meta Loses Bid to Toss $175M Verdict in Streaming Patent Case
- Update: Activists Sue BNP Over Energy Loans, TotalEnergies Over Human Rights
- China Urges State-Owned Firms to Drop Big 4 Auditors Over Data Security Concerns
- Trade Group Argues SEC Case Unfairly Labels Crypto as Securities
- Proposed NC Rule Would Require More Flood History Disclosure on Homes for Sale
- People Moves: AMERIND CEO Valdo Returns from Spiritual Sabbatical
- California Wildfire Innovation Fund Getting $25M Boost
- Madison Square Garden Loses Appeal of Covid-19 Insurance Claim Dismissal
- 3 Massachusetts Firms to Pay $325K Over Asbestos Work at State University
- When ‘Preparing for Work’ Falls Under Virginia Workers’ Compensation
- Hopeful Cannabis Sales Data an Encouraging Sign for Insurance Specialists
- XPT Specialty Acquires Texas’ Craig & Leicht
- People Moves: WTW Adds 2 Surety Experts in Northeast; Jones Heads Arbella Foundation
- Arkansas Challenges EPA’s Blocking of State Ozone Plan
- Two More La. Residents Sentenced in Staged Auto Collision Scheme
- Midwest Meat Plant Cleaning Service Fined $1.5M for Hiring Minors
- Upper Midwest Braces For Nearly 2 Feet of Snow
- Explosion at Ohio Metals Plant Kills 1 Worker, Injures More Than a Dozen
- Epstein Victims Say Banks Chose Profits Over Following Law
- People Moves: AXIS Appoints Galanski Head of N.A. P/C Programs; Ningen Named Swiss Re CEO of U.S. P/C
- New Mexico Law Signed to Help Wildfire, Flooding Recovery
- Lawyer’s Family Files Wrongful Death Lawsuit Against Vegas Casino
- Chaudhuri Moves from Alfa to Alabama DOI as Chief Actuary
- Viewpoint: Four Approaches to Expand Commercial P/C’s Market Relevance
- People Moves: Swiss Re Promotes Ningen to CEO, US P&C Re; MS Reinsurance Hires 4 for Data, Underwriting; Aon Promotes Day, Dickson in Political Violence & Terrorism Team
- Florida Home Fire and Welding Site Explosion Kill Five People
- Owner of Hummer Found Buried in Alabama Indicted on Insurance Fraud
- Tysers Sells Bloodstock Broking Team and Bloodstock Managing Agent to Howden
- Stablecoin Regulatory Crackdown Sends Warning to Industry
- Bird Flu Costs Pile Up as Outbreak Enters Second Year
- Austrian Children Take Government to Court Over Climate Change
- Gay Couple Wins ‘Landmark’ Health Insurance Case in South Korea
- Britain Says Global Accounting Rules Are Crimping UK Economy
- Shipping Industry Grapples With Ways to Cut Cargo Fires at Sea
- Norfolk Southern Ordered to Clean Polluted Ohio Derailment Site
- Florida Workers’ Comp Revises Wording on Payment to Surgical Centers
- Trenton Officials Urge Probe of Arena Security After Fatal Stabbing During Tournament
- Pedestrian Killed by New York Police Cruiser in Multivehicle Accident
- Connecticut Insurance Firm Owner Pleads Guilty in $40M Fraud Scheme
- California High Schoolers to Learn Insurance Under Mandatory Finance Education Bill
- Scott Kipper Returning as Nevada’s Insurance Commissioner
- Ohio Tool Manufacturer Fined $164K After Worker’s Thumb Amputated
- Baton Rouge, La. to Pay $1.17M Settlement in Alton Sterling Protest Lawsuit
- Train Derailments in Michigan, Ohio Have Similar Risks, Different Outcomes
- Tesla Fatal Crash With Fire Truck Draws Regulator Inquiry
- Louisiana Insurance Commissioner Accuses Hurricane Claim Law Firm of Fraud
- Higginbotham Looks Back at 75 Years as Independent Agency
- J&J Rejected by Supreme Court Over $302 Million Vaginal-Mesh Award
- Supreme Court Begins Hearing Challenge to Internet Firms’ Legal Shield
- Root Granted Restraining Order Against Former CMO it Says Stole About $10M
- Alaska Building Collapse Kills One Victim, Second Hospitalized
- California Airport, 50K in Bay Area Lose Power Due to Fire
- Georgia Nuclear Plant Again Delayed at a Cost of $200M
- 3 Firefighters Critically Injured, 19 Others Hurt in Staten Island Wind-Swept Fire
- Despite Troubles, Ygrene Energy Seeks Restart on Novel Home Improvement Plan
- Swedish MGA Brookfield Underwriting Acquired by Broking Group Säkra
- Former Wilmington Trust Executive Reaches Civil Suit Deal With SEC Over 2008 Crisis
- Neighbors Recoil at Florida Pool Shaped Like Gun
- Loss Adjuster McLarens Forms Strategic Alliance in Egypt, Expanding Regional Footprint
- VW Faces Possible Recalls After Environmental NGO Wins Emissions Software Lawsuit
- Facebook Temporarily Fights Off $3.7B UK Mass Action Over Market Dominance
- Post-Brexit Insurance Reform Expected Before December: BoE’s Woods
- ‘Strike Force’ to Thwart Theft or Use of Disruptive Technology
- Buttigieg Urges U.S. Railroads to Boost Safety, Not Oppose Reforms
- High-Rise Fire in Maryland Kills One, Displaces 400 Residents
- Lockton Launches Affinity Biz in Australia, New Zealand and Pacific, Led by Dasgupta
- UK’s Legal & General Launches Fresh UK Lawsuit Against Glencore After Bribery Scandal
- FWD to Buy Majority Stake in Malaysian Insurer Ahead of Planned IPO
- Orderly Runoff Didn’t Work; Florida’s United P&C Now Insolvent, Headed for Liquidation
- Washington Man Ordered to Repay $127K in Workers’ Comp Scam
- Nevada Supreme Court Upholds Temporary Ban on Insurers Using Credit Scores
- Illinois Supreme Court: BIPA Claims Accrue With Each Scan
- QBE Insurance Announces $1.9 Billion Loss Portfolio Transfer With Enstar
- Two More Louisiana Residents Sentenced in Staged Auto Accident Conspiracy
- Austin, Texas City Manager Fired Over Widespread Power Outages
- PCF Insurance Secures $500M Investment
- Jeers, Boos From Ohio Residents Enraged by Toxic Train Spill
- Appeals Court Blocks California Ban on Mandatory Arbitration for Workers
- Ohio’s DNA Diagnostics Settles $200K Fine Over Data Breach
- Excess Insurer Pays Before Municipal Pool in Boy’s Beach Death, New Jersey High Court Rules
- NCAA Asks Appeals Court to Block Pay for Student-Athletes
- RiverStone Int’l Secures Excess-of-Loss Reinsurance to Support Growth at Lloyd’s
- Arizona Interstate Reopens After Deadly Crash, Leak
- Goose Insurance Closes $4M Series A Funding Round
- Kentucky Bill Advances, Would Give Lawmakers More Control of Relief Funds
- Georgia Senate Votes To Regulate Vaping Same as Smoking
- Markets/Coverages: CFC Launches Policy Encryption for Cyber Cover in Industry First
- Insurer Can’t Object to Asbestos Makers’ Bankruptcy, Despite Fraud Concerns
- G20-Backed Standards Body Approves First Global Company Sustainability Rules
- Extreme Weather May Force New Zealand to Rethink Where It Builds: Finance Minister
- Allianz Returns to Q4 Net Profit After U.S. Funds Debacle
- Tesla Recalls 362,000 Vehicles Over Full Self-Driving Software
- Insurers, Leasing Firms Push European Commission for Access to Valuable Vehicle Data
- Allstate: $307M in January Cat Losses and Keeps the Auto Rate Hikes Coming
- Orion180: From MGU to Stand-alone HO Insurance Carrier
- Death of Handcuffed Man in Colorado Ruled Homicide, Lawsuit Expected
- Judge Upholds Maine Law Opposed by Diocese Allowing Older Sex Abuse Suits
- Delaware County Settles Lawsuit Over Arrest Caught on Video for $25K
- Insurers See California EV Sales Trends Driving Rate Filing Approval Urgency
- Poll: Almost Half the Nation Thinks Climate Change is Here and Now
- People Moves: Lewis Brisbois Expands Midwest Products Liability Capabilities; Alera Group Promotes Floyd to SVP
- Two Missouri Residents Plead Guilty to $1.2M Insurance Fraud Conspiracy
- Former Michigan Insurance Agent Convicted of Filing False Tax Returns
- Louisiana Suit Alleges Police Killed Fleeing Black Man
- Houston Law Firm Paid Almost $14M for ‘Prescreened’ Client Leads
- G20 Watchdog to Tackle ‘Vulnerabilities’ in Decentralized Finance After FTX Collapse
- Angry Ohio Residents Seek Answers on Train’s Toxic Spill
- People Moves: MGA Rokstone Names Heaton From Nexus as Head of D&O; RSA Hires CNA Hardy’s Westwood for Cyber Underwriting Team
- Google Case at Supreme Court Risks Upending the Internet as We Know It
- Litigation Funders Deployed $3.2B in U.S. Investments Last Year
- Insurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments
- Production to Resume After Fatal Shooting New Mexico Movie Set
- New Jersey Supreme Court Remands Workers’ Compensation Fraud Case for Allocation of Fault
- Stone Point to Acquire Stake in Truist Insurance for Nearly $2B
- Turkey Earthquakes to Cost Insurers $2.4 Billion: Karen Clark & Co.
- Turkey Needs to Build Million Homes After Earthquakes, Developer Says
- Historic Alabama City Facing Long Road to Recovery From Tornado
- Guest at Daytona Hotel Dies After Being Struck by Forklift During Storm Repairs
- Markets/Coverages: Berkley, Talage Partner for Workplace Violence Coverage
- Markets/Coverages: Beazley Launches Private Equity Liability Product for Portfolio Firms
- EU Sanctions Aim to Make Banks Report Frozen Russia Assets; Russia Reinsurer on List
- New Zealand Searches for Missing After Cyclone; Sizable Economic Cost Expected
- AIG Sees Q4 Profit Fall but General Insurance Underwriting Jumps 27%
- Fla. Tort Bill Brings it: Limits Damages, Ends Fee Multipliers, Discloses LOPs – and More
- Travel Insurance to Take Off as Year-End Cancellations Spook Flyers
- Krause Acquires LTCI Brokerage Services in California
- Maine Proposal Would Buy Out Farms Contaminated by PFAS Chemicals
- People Moves: Venbrook in California Names Meyer Head of U.S. Programs Division
- Court to Rehear Challenge to Connecticut’s Transgender Athlete Policy
- Officials Urge Lead Tests for Kids of Minnesota Ammo Plant Workers
- Nebraska Supreme: Rental Car Customer Doesn’t Owe Avis for ‘Voluntary’ Payment
- Arkansas Malpractice Bill Would Restrict Trans Youth Medical Care
- Missouri Cattle Processor Cited for Exposing Workers to Potentially Lethal Carbon Dioxide Levels
- Holman Acquires Texas’ Park Wood Managers
- Unfavorable Reserve Development of $330M in January: Progressive
- FAA Forms Safety Review Team After Near Miss Incidents
- Why Not Go Direct on Homeowners, Allstate CEO Asks
- Alec Baldwin Calls Part of New Mexico Movie Set Shooting Charge Unconstitutional
- J&J Must Face Baby Powder Suit by 24-Year-Old Dying of Cancer
- OSHA Cites Tree Services Firm Over 17-Year Old Worker Killed in Woodchipper
- Georgia Bill Would Bar Public Camping But Allows Designated Areas for Homeless
- BriteCo Launches Independent Agent Program
- Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi
- In Cyber Insurance, Experts Say Employee Curiosity Can Kill the Catastrophe
- RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History
- Caribbean Risk Group Launches in London, Partners With Lloyd’s Broker Ramon Int’l
- Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium
- AXIS Capital Commits to Greenhouse Gas Reduction Goals
- German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal
- Cyclone’s Destructive Path Through New Zealand, Killing at Least Four People
- Scandinavian Airline SAS Hit by Cyber Attack, Affecting App
- Hyundai, Kia Offer Software Upgrade to 8.3 Million Vehicles to Prevent Thefts
- Fox News Must Face Smartmatic’s Lawsuit Over Election-Rigging Claims
- Lawsuits Pile Up Two Years After Winter Storm Uri
- Trial Lawyers Push Back Against Florida Plan for More Insurance Tort Reform
- Former Alfa Agent Named Alabama Deputy Insurance Commissioner
- New York City Goes After Landlords as Part of Illegal Pot Shops Crackdown
- Washington Contractor Fined $400K for Safety Violations in Fatal Trench Collapse
- Atlantic City Casino Workers Seek Support for Smoking Ban
- New Mexico State Cancels Season After Sex, Harassment Allegations
- Driver in Suspicious Texas Tesla Crash Apparently Moved to Rear Seat
- Illinois Grain Co-Op Fined $629K After 27-Year-Old Worker Suffers Partial Amputation
- Families of 2018 Texas School Shooting Settle Suit With Ammo Retailer
- North Dakota Oil Field Explosion Injures One
- Ransomware Attacks on Industrial Firms Increased by 87% in 2022
- Department of Labor Withdrawing Proposal to Revoke Approval of Arizona’s OSHA Plan
- Coalition Cyber Insurance Now Offered to Large Enterprises With Revenue Up to $5B
- Nurse Practitioner Claims Have Increased Since 2017 but COVID Effect Yet to Play Out
- Georgia Committee Approves Higher Weight Limits for Trucks, Raising Safety Concerns
- Man Mauled by Sheriff’s K-9 in California to Get $1.3M
- Jury Awards Former Philadelphia Eagles Player $43.5M in Medical Malpractice Case
- Commercial Auto Insurtech Startup OpenEyes Emerges From Stealth
- Markets/Coverages: Apollo Launches Drone Insurance Facility in Partnership With MGA Moonrock
- BMS Acquires Spanish Broker Viafina, a Surety Insurance Specialist
- WV House Approves $105M for Gates-backed Green Energy Battery Plant
- Ohio Train Derailment Prompts West Virginia Utility to Take Water Safety Steps
- People Moves: AGCS Creates Delegated Authority, Portfolio & Facilities Team; WTW Bolsters Exposure Mgmt, Climate Analytics Unit; IQUW Hires Jiang for Political Risk
- J&J Talc Unit Faces Bankruptcy Judge After Tactic Rejected
- Earthquakes in Turkey to Cost Insurers More Than $1 Billion, Verisk Estimates
- Cyclone Gabrielle Leaves Trail of Destruction Across New Zealand’s North Island
- Reuters: After Multi-Billion U.S. Fund Collapse, Allianz Shifts Investment Strategy
- Indian Insurtech Startup InsuranceDekho Raises $150 Million to Grow SME Business
- AIG, Stone Point Capital to Form Independent MGA for High Net Worth Business
- Actions vs. Talk: Is the Insurance Industry Coming Through on DEI Commitments?
- Tennessee Names Wiedeman Head of Captive Insurance Section
- Wild Ducks Found Dead in Maine Test Positive for Bird Flu
- Mars Wrigley Candy Factory Fined Over Workers’ Falls Into Vat of Chocolate
- Clergy Sex Abuse Suits Could Bankrupt Diocese in California
- Conn. Supreme Court Reverses Medical Malpractice Opinion Letter Precedent
- Nevada Mine Cited for Major Safety Violation in Worker Death
- Ex-Dallas Cowboys Star Files Lawsuit Seeking $100M After Misconduct Claim
- Faulty Weld Led to Kansas Oil Spill; Cleanup Costs at $480M
- Risk Strategies Acquires High-Net Worth Broker Bullen Group
- Alcon to Pay Johnson & Johnson $199M to Settle Eye-Laser Cases
- Lawsuit Seeks Medical Testing After Toxic Train Derailment in Ohio
- Texas Judge Rejects Bid to Nullify Boeing Deal Over Max Crashes
- Illinois Man Reaches $91M Settlement in 7-Eleven Crash Suit
- Nationwide E&S Strikes Out in Move for $1.4M Contribution to Injury Settlement
- US, UK Sanction Russians Tied to TrickBot Hacking Gang
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