News for June 2025

• Senate Debates Whether to Adopt Revised State AI Regulation Ban
• 1 Dead, 2 Injured in Philadelphia Explosion That Damaged Several Homes
• Meta, TikTok Can Be Sued by Mother of NYC Teen Killed While ‘Subway Surfing’
• Texas Establishes Response Team to Prevent Re-Emergence of Invasive Screwworm Fly
• Containment Grows on Southern California Wildfire As Evacuation Orders Lifted
• Omni Hotels Sued for Alleged Religious Discrimination at Chicago Property
• Flint, Michigan Struggles to Complete Lead Pipe Replacement Decade After Water Crisis
• Tech Industry Trade Group Sues Arkansas Over Social Media Laws
• US Warns Iran-Tied Hackers Pose Ongoing Risk to American Firms
• Idaho Officials Say Gunman Started Fire, Then Fatally Shot 2 Firefighters in Ambush
• 2024 Grocery Chain Cyberattack Exposed Data of 2.2 Million Employees, Others
• Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’
• Wall Street Backs LA Wildfire Lawsuits, Chasing Billions
• Beazley Report: US Executives Misjudge Cyber Preparedness
• G7 Agrees to Avoid Higher Taxes for US and UK Companies
• ‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan
• People Moves: Liberty Specialty Markets Taps CNA Hardy’s Butt as UK Head of Casualty Claims; SiriusPoint Names Pryde From Catalina Re as Group Chief Risk Officer
• Markets/Coverages: AEGIS London Raises Line Sizes for Political, Financial Risk Cover
• Executives Get Combined 141 Years in Prison for Italy PFAS Spill
• Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics
• PwC’s AI Chief Says Firm Has Cut Prices as Tech Saves Staff Time
• Reeves Plans Rule Change to Create UK Captive Insurance Market
• As Hurricane Season Picks Up, Key Forecasting Tool Access Set to End
• Tech Firms Warn ‘Scattered Spider’ Hacks Are Targeting Aviation Sector
• GM Wins Victory as Appeals Court Decertifies Transmission Lawsuits
• Investigation Into Florida Condo Collapse Is Expected to Finish in 2026
• Iconic NC Tourist Attraction Reopens as Governor Signs Helene Relief Plan
• Two More Insurers Enter Florida Market as Hurricane Season Warms Up
• People Moves: Leclair Joins Alliant Insurance Services in Phoenix
• Cannabis Retailers Must Face College Athlete’s Psychosis Claims
• Erie Insurance Restores Online Access for Customers; Still Working on Other Systems
• Michigan Paper Manufacturer Agrees to $300K Settlement Over PFAS Contamination
• Search Ends for 1950 Lake Michigan Plane Crash That Killed 58 People
• Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024
• People Moves: MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter; Allianz Commercial Promotes Simons as Global Head of MidCorp Underwriting
• Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says
• Oregon Legislature Repeals Contested Wildfire Hazard Map
• China Bans Uncertified and Recalled Power Banks on Planes
• Willful Misconduct Alone Not Enough to Deny Workers’ Compensation
• Flash Flooding Again Hits West Virginia Areas Trying to Clean Up from Deluge
• Fire in the SE Sky May be Linked to Home Damage in Georgia
• Global Financial Crime Watchdog Calls for Action on Crypto Risks
• Louisiana Is Latest State to Redefine Natural Gas as Green Energy Under New Law
• NTSB Blames Delayed Response for 2023 Oil Spill off Coast of Louisiana
• Zurich, Cowbell Collaborate to Offer D&O, EPL, Crime, and Fiduciary to SMEs
• Why Are Test Dummies Modeled After Men if Women Face More Injury in Car Crashes?
• Vessels Near Strait of Hormuz Transmit Unusual Messages to Prevent Attacks
• BHP Faces UK Contempt Charge for Funding Case Over Brazil Dam Collapse
• USDA Finds Safety Issues at Top Research Site After Whistleblower Complaints
• Markets/Coverages: Marsh Launches European Cyber Facility for Mid-Sized Enterprises
• GE Moves Washing Machine Production from China to Kentucky with $490M Invest
• NC Bill Ending Course Requirements for Agent Licenses on Way to Governor
• People Moves: Liberty Company Adds Producer in Jacksonville Area
• World Insurance Acquires Maine’s Healey Associates
• California Workers’ Comp Independent Medical Reviews Trending up, Report Shows
• Former Lawmaker Lindsay Launches New York Insurance Agency
• USC Basketball Star Alijah Arenas Recounts Tesla Cybertruck Crash
• Judge Says California FAIR Plan Violates Law; Industry Fights Consumer Group Suit
• A Shrinking FEMA Puts Lake Town’s Rebuilding Plans in Limbo
• Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report
• Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud
• Inszone Acquires Texas’ Osterts and Associates
• Viewpoint: Cyber Is a Product for Everyone, so Let’s Start Acting Like it
• Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States
• Texas THC Industry Welcomes More Regulations With Ban Off the Table
• Telemarketing Firm to Pay $85K Over Discrimination at Ohio Location
• SpaceX Polluted Border Area, Mexican President Sheinbaum Says
• Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance
• France Orders Extra 800,000 Cars off Road Over Takata Airbag Scandal
• Pennsylvania Senior Citizens Warned of Financial Scam
• Meta Fends Off Authors’ Copyright Lawsuit Over AI
• Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam
• People Moves: Covéa Group Names Petit CEO as Derez Becomes Chairman; Howden UK & Ireland Appoints Kennedy to Succeed Shuker as CEO
• EU Revamps Regulations for Expanding Space Market
• Cyberattack on UK Health Firm Contributed to Patient Death
• Billionaire Richard Li’s FWD Group Seeks to Raise $442 Million in Hong Kong IPO
• Heat Wave Threatens Power Output and Wildfires Across Europe
• Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB
• Microsoft Sued by Authors Over Use of Books in AI Training
• Florida Citizens Moves to Have Commercial Claims Disputes Decided by DOAH
• Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
• US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
• HEMIC to Act as a Servicing Facility for Hawaii Hurricane Relief Fund
• MIT Sued by Student, Instructor Claiming Campus Antisemitism
• Tesla Sued Over Model S Crash That Killed Three in New Jersey
• People Moves: MAPFRE USA Names Pasko; Roosevelt Road Appoints Cook
• Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application
• First Financial to Acquire Westfield Bancorp From Ohio Farmers
• Ryan Transactional Risk Launches Environmental Practice Product
• People Moves: Holmes Murphy Announces New Shareholders
• NHTSA Contacts Tesla on Robotaxi Issues Seen in Online Videos
• Markets/Coverages: Brit Launches Digital Flood Product for US Market
• Howden Gets Regulatory Nod to Launch Reinsurance Unit in Kingdom of Saudi Arabia
• AXA Launches Unified Ceded Re Team for Greater Operational Alignment
• College Team Physicians Wary of Greater Liability Risk With Athletes Making Money
• US Declares Power Emergency in Southeast on Heat Wave
• Louisiana Attorney General Sues CVS for Deceptive Practices
• People Moves: Storey Named President of Irwin Siegel
• Oregon Governor Signs Bill Providing Unemployment Pay for Striking Workers
• New England Electric Grid Under Precautionary Alert
• Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
• First Tropical Storm of 2025 Season Weakens in Atlantic
• E&S Insurtech Ledgebrook Raises $65 Million
• DC Sues 4 Drivers With 1,000 Outstanding Traffic Violations
• Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware
• Scientists Crush and Analyze Hailstones in First-of-its-Kind Study
• French Investigators Order Tesla to Stop ‘Deceptive Business Practices’
• Indian Air-Safety Audit Finds Multiple Lapses at Airlines, Hubs
• Warburg Is Said in Talks to Sell Stake in SBI General Insurance
• Viewpoint: When the Cloud Sneezes, the Digital Ecosystem Catches a Cold
• Anthropic Wins Key Ruling on AI Training in Authors’ Copyright Lawsuit
• Wildfire Alerts Issued Across Mediterranean as Heat Wave Builds
• Aflac Hit With Class Action Over Data Breach of Customer Info
• Clean Energy Assets Face Coverage Risks, Zurich Insurance Says
• Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft
• Colorado Dance Hall Operator to Pay $100K in Sexual Harassment and Retaliation Suit
• MJ Companies Expands Nashville Ops, Names Reavis VP for Development
• Coalition Re’s New Helios Platform Allows Cedants to Gain Real-Time Cyber Insights
• AI-Focused COVU Acquires Maine’s 100-Year Old Ford Agency
• What to Watch: The Trends for P/C Insurance in 2025 So Far
• EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire
• Body Found After Boat Capsize on Lake Tahoe Brings Death Toll to 8
• Chicago Allows Summer Curfews for Minors as Mayor Vows Veto
• Texas Lt. Gov. Patrick Clashes With Gov. Abbott Over Veto of THC Ban
• People Moves: Acrisure Re Names Souza Leader of New West Coast Office
• World Acquires Five Louisiana Agencies
• Weeks Later, Erie and Philadelphia Insurance Still Working to Restore Networks
• Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
• Cyclists Blocking Traffic Do Not Always Have to Pull Off Road: Pennsylvania High Court
• Insurers Have New Opportunity in Secondary Perils, Swiss Re Says
• People Moves: Everest Appoints Global Atlantic’s Co-Founder Levine to Board of Directors; AEGIS London Taps QBE’s Yuile as International Casualty Underwriter
• Markets/Coverages: Miller Launches Property Smart-Follow Facility
• Firefighters Battle Major Wildfire on Greek Island of Chios, With Evacuations Ordered
• Coal Loophole Undermines Bank Pledges to Cut Fossil Fuel Funding
• Escalating Hormuz Tensions Drive Up Middle East War Risk Insurance Costs: Sources
• Tokio Marine Hunts for Deals Abroad, Sees Room for Growth in US
• Travelers Subsidiary Ordered to Pay $44M in Missouri Wrongful Conviction Case
• Ford Recalls Nearly 200,000 Mustang Mach Es Due to Faulty Door Latches
• Western Digital Convinces Judge to Throw Out $552.7M Patent Award
• 5 Taken to Hospital in NC After Flight From Miami Hits Turbulence
• DeSantis Signs Law Giving Condo Owners Some Relief, But Questions Remain
• UNLV Launches Bachelor’s Degree in Insurance And Risk Management
• Soaring Temperatures Stress US Grids
• People Moves: Starkweather & Shepley Unveils Promotions, Officer Advancements
• US Braces for ‘Low-Level’ Cyberattacks by Iran After Airstrikes
• People Moves: Howden Belgium Appoints De Baets as CEO; Liberty Promotes Directors of 3 New Divisions for Marine & Aviation, Specialty, Property
• Aon Launches AI-Powered Aon Broker Copilot for Commercial Insurance
• Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers
• Father, Two Sons Charged With Defrauding North Carolina Insurer of Last Resort
• 32 New York Counties in Emergency; Storms Take Lives of 2 Young Sisters, Woman
• NC Plane Crash Came After Pilot Raised Wheel to Avoid a Turtle, NTSB Says
• 6 Reported Dead After Boat Capsizes on Lake Tahoe in California
• Jury Awards $2.25M to Georgia Couple in Suit Over Autopsy Images of Baby
• As Bradley Wins Travelers Golf Championship, 215 Charities Also Win
• Billions of Login Credentials Leaked Online, Cybernews Researchers Say
• Musk’s X Sues New York to Halt Reports on Handling of Problematic Posts
• Airlines Weigh How Long to Suspend Middle East Flights After US Strikes in Iran
• U-Turning Oil Supertankers Cross Hormuz After Avoiding It
• Canada Says Network Devices Compromised in China-Linked Hack
• Air India Crash Risks Fueling Up to 30% Jump in Insurance Premiums
• Texas to Create Task Forces to Target Oil Field Thefts
• Tesla Launches Long-Promised Robotaxi Service for Select Riders
• North Dakota Tornado Leaves 3 Dead as Powerful Storms Sweep Through Midwest
• Walmart to Pay $10M to Settle FTC Lawsuit Over Money Transfer Fraud
• AT&T’s $177M Data Breach Settlement Wins US Court Approval
• Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks
• People Moves: Johnson Named Assistant Commissioner of Kansas DOI
• Gunmaker Sig Sauer Asks For and Gets Liability Protection in New Hampshire
• Study Shows Oregon Ranked 14th in US for Workers’ Comp Rates
• US Supreme Court Lets Fuel Producers Challenge California Emissions Standards
• Foundational, Leadership-Driven Education High Priority in Insurance
• Insurer Aflac Investigating Possible Data Breach
• People Moves: Arizona Department of Insurance Names Ailor Interim Agency Director
• Honda Recalls More Than 259,000 Cars in the US Due to Brake Pedal Issue
• Thriving Southern Cities Face Economic Threat From Funding Cuts
• Runaway Reaction Likely Caused Fatal Explosion at Food Color Plant in Ky., Board Says
• How Will Tesla Remotely Control Robotaxis, And What Are The Limitations?
• California Utilities Expand Power Shutdowns as Winds Rise
• FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of Schemes
• Boston Jury Awards $8 Million to Cancer Patient Who Was Lifetime User of J&J Powder
• Michigan Battery Manufacturer to Pay $95K Over Disability Discrimination Suit
• Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting
• China Warns of More Floods as Extreme Storms Hit World’s No. 2 Economy
• Rio Tinto Reaches $138.75M Settlement With Investors Over Mongolian Mine
• Iran Hijacking Home Security Cameras to Spy Within Israel
• UK Car Theft Crisis Pits Manufacturers Against High-Tech Gangs
• Oklahoma Workers’ Compensation Commission Votes to Reduce MITF Assessment
• Toyota’s Japanese Insurer Files $361 Million South Africa Claim
• Ex-Shell US Oil Trading Boss Claims He’s Owed $29 Million Bonus
• People Moves: Circadian Risk Names Schools CFO
• AmRisc Launches Reciprocal Exchange for Commercial E&S Market
• Former Connecticut Trooper Accused of Workers’ Compensation Fraud
• Pano AI in California Raises $44M Series B to Scale Early Detection
• Waymo Applies for NYC Testing Permit, Sending Uber and Lyft Shares Lower
• Man Pleads Guilty to Obtaining Driver’s Licenses for Ineligible Applicants
• SpaceX’s Starship Explodes on Test Stand in Yet Another Setback
• Krispy Kreme Starts Notifying Over 160,000 People Affected by Data Breach
• Plenty of Investor Interest in Insurance Despite Drop in Deal Volume, Says PwC
• Florida’s Evolving Bad-Faith Landscape: What Claims and Insurance Pros Need to Know
• Update: Hurricane Erick Weakens Over Mexico, Leaving Trail of Damage in its Wake
• Hard Rock Stadium Tightens Security at Club World Cup After Miami Chaos Last Year
• California Utilities Weigh Power Shutdowns as Dry Winds Approach
• Alabama DOI Encourages Insurers to Use More Than Drones in Nonrenewals
• People Moves: Aon Promotes Rieth to Global Cyber Leader
• Racketeering Suit Alleges NY Insurance Fraud Scheme by Lawyers, Medical Providers
• Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses
• Clear Group Acquires UK Commercial Broker, C.R. Toogood & Co.
• Mideast Ship Insurance Costs Jump Following Iran-Israel Attacks
• Planetary Waves Linked to Wild Summer Weather Have Tripled Since 1950: Study
• US Plans Texas Facility to Stop Flesh-Eating Cattle Pest
• Oklahoma Expands Second Pilot Launch of Fortified Grants Program
• Illinois Manufacturer to Pay $520K Settlement Over Clean Air Act Violations
• South Padre, Texas Officials Worried About Potential FEMA Cuts
• Spain Reveals Details of Chain Reaction That Caused Outage
• Brookfield’s Insurer Trims Private Credit, Citing Crowded Trade
• Former Ohio Doctor Loses Defamation Lawsuit Against Ex-Employers
• US Supreme Court Sets Test for Which Courts Can Hear EPA Cases
• Iran-Israel Conflict Spreads to Hacks on Banks, Crypto
• New Jersey High Court Allows Clergy Sex Abuse Grand Jury Opposed by Diocese
• Waymo Expands Robotaxi Services Into More Parts of San Francisco Bay Area
• Alex Jones Accused of Hiding Assets as Sandy Hook Families Seek Payment
• $20 Million Travelers Golf Championship Tees Off Today in Connecticut
• UBS Confirms Data Stolen After Hack at External Supplier
• Inszone Insurance Services Acquires Evers Insurance LLC
• Viasat Identified as Victim in Sweeping Phone Hack Tied to China
• LA Mayor Lifts Downtown Curfew She Imposed During Protests
• Justices Back Temporary Texas Nuclear Waste Storage Site
• Carnival Cruise Lines Not Liable for Teen’s Sexual Assault on Ship, Appeals Court Finds
• Parametric Insurer Descartes Receives Investment From Battery Ventures
• People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO of North America P/C; Willis Appoints Fisher to Lead Law Firms
• King Risk Acquires Nobles Agency in North Carolina
• Groups Notify Musk’s AI Company of Intent to Sue Over Facility Pollution in Memphis
• Perelman at $410 Million Art Trial Says Fire Faded His Works
• Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson
• Asset Owners With $9.5 Trillion Call for Stopping Deforestation
• Trucordia Closes Carlyle Investment, Refinances Debt
• Insurance Industry Rejects Proposed Moratorium on State AI Regulation
• Religious Organizations Get New Chance for Exemption From New York Abortion Rule
• People Moves: Hamilton Re and Hamilton Global Specialty Announce CEO Appointments, as Graves Retires; Aon Promotes Rieth to Global Cyber Leader
• Oklahoma Man Arrested for Illegal Marijuana Grow Operations
• Storm System Brings Severe Weather and Tornadoes to Central Plains and Midwest
• How Big Batteries Could Prevent Summer Power Blackouts
• Eighth Circuit: Travelers Doesn’t Owe in Missouri Apartment Construction Delay Case
• China’s Financial Opening Up Offers Opportunities for Global Capital, Regulator Says
• Nuclear-Powered Cargo Ships Promise Cleaner Transport but Could Be Hard to Insure
• US Homeowners Insurance Rates Rose 40.4% in Six Years, Report Shows
• Alabama-Based CRC Group Rebrands BenefitMall as CRC Benefits
• AM Best Downgrades Credit Ratings of Oregon Mutual Group Members
• Erie Insurance: ‘No Evidence’ of Ransomware in Network Outage
• People Moves: California Commissioner Names Insurance Diversity Task Force Leaders
• Idaho Grocer to Pay $250K for Child Labor and Wage Violations
• Viewpoint: Navigating Strategic Capital Options for Insurance Brokerages
• Philadelphia Insurance Restores Limited Access But Major Outage Continues
• ‘Abolishing FEMA’ Memo Outlines Ways for Trump to Scrap Agency
• Israel War Risk Ship Insurance Costs Soar After Iranian Attacks, Sources Say
• People Moves: Markel Insurance Makes Leadership Changes to Simplify US Wholesale and Specialty Division
• Louisiana Governor Vetoes Bill Limiting Bad Faith Lawsuits Against Insurers
• US Spending on Climate Damage Nears $1 Trillion Per Year
• Supreme Court Revives Lawsuit From Atlanta Family Whose Home Was Raided by FBI
• Effort to Close Litigation Funding Tax Loophole Added to Federal Budget Bill
• Mining Project Near Okefenokee Swamp Has Stalled Over a $2M Permit Requirement
• Private Equity Firm B.P. Marsh Acquires 27% Stake in UK MGA Cameron Specialty
• ECB Amends Bank Capital Reviews to Reflect Extreme Weather Risks
• Update: Two Tankers Catch Fire After Collision Near Strait of Hormuz
• New Ratings Firm to Track Climate Hit on Infrastructure Assets
• APCIA Warns Michigan Auto Insurance Bill Could Destabilize Market, Increase Costs
• Texas Department of Transportation Data Breach Exposes 300K Crash Records
• Des Moines, Iowa Officials Issue Warning Over High Levels of Nitrates in Drinking Water
• St. Louis Waives 25% Holdback Rule for Property Claims From May 16 Tornado
• Death Toll From San Antonio Flooding Rises to 13
• American Bar Association Sues to Block Trump’s Attacks on Law Firms
• Tariff ‘Stacking’ Adds Another Headache for US Importers
• Air India Crash Seen Triggering $475 Million in Insurance Claims
• Florida Property Insurance Premiums Surged 34% Since Late 2022
• California FAIR Plan Extends ZestyAI Partnership
• MoneyGram Settles With NY Over Transfers After US Consumer Bureau Quits Case
• Officials Brace for Fire Season as Nevada Is ‘Abnormally Dry’
• People Moves: Bennett to Lead Mercury Insurance Climate Science Team
• Erie Insurance Facing 2 Class Actions Claiming Data Breach
• Morocco’s Wafa Assurance to Acquire Egypt’s Delta Insurance
• NWS Issues Alaska’s First Ever Heat Advisory
• Trump Can’t End FEMA But It Needs Reform, Says Obama’s FEMA Head
• Flash Flooding Kills 5 in West Virginia as Rescue Teams Search for Missing
• US Supreme Court to Hear Chevron, Exxon Appeal Over Louisiana Coastal Damage
• Purdue Pharma $7.4B Opioid Settlement Wins Broad Support From States
• Artemis Acquires Louisiana’s Tyner Jeter Insurance
• New Orleans Officer Cleared in Puppy Shooting, City to Pay $10K in Damages
• Wisconsin Dairy Farmer Sues USDA Claiming Discrimination Against White Farmers
• Everest Launches Unified International Specialties Business, Led by Trueman
• Washington Post Probes Hack of Journalist Email Accounts
• AI Risks Voted Top Concern in Verisk’s Emerging Issues Bracket
• NHTSA Streamlining Self-Driving Car Exemption Reviews
• End to Florida Agents’ ‘Diligent Effort’ Rule on Surplus Lines Takes Effect July 1
• Canada’s WestJet Probes Cybersecurity Incident Affecting App and Internal Systems
• NC Insurance Agent Charged With Manipulating Life Policies for Personal Gain
• People Moves: Specialist Risk Group Names Former Lockton Executive Nimmo as CEO – UK; CFC Taps Line From Markel as Chief Underwriting Officer
• Investigation Finds Pilot’s Meds Were Contributing Factor in Alabama Helicopter Crash
• Erie and Philadelphia Insurance Still Working on Restoring Their Networks
• Deadly Air India Crash Will Harden Aviation Reinsurance Market: GlobalData
• Markets/Coverages: Marsh Launches €1B Facility for Data Center Construction Projects

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