Recent Insurance Industry News

Insurtech Lemonade Posts $43.7M Loss for Q3

• Nvidia-Backed Fireworks AI Notifies Customers of Its Second Hack in Weeks

• US Sues Lyft, Alleges Discrimination Against Disabled Riders

• Impersonation Top Scam Handled by Allstate

• Ivans: US Commercial Renewal Rate Increases Slowed in October

• GSK, Moderna Settle Patent Dispute Over Moderna COVID, RSV Shots

France Says Iran’s Revolutionary Guards Carried Out Fridge Hacks

• Global Climate Talks Open With Big Questions, Smaller Goals

• Nvidia, CEO Huang Sued Over Disclosures Related to Suspected Chinese Spy

• EU Plans Crackdown on Addictive Social Media, Bot Features

• Top UK Regulator Says Banks Are Trimming AI Risk as Alarm Grows

• AI Backlash Spreads Across Europe With Data Center Protests

Maryland High Court Weighs Sovereign Immunity Claim for Some Sex Abuse Lawsuits

• Liberty Mutual Investments Backs Pet and Vet Services Firm Synergy Pet Group

• Workers’ Compensation Claims Triggered Probes of Walmart for Child Labor Violations

• Measles Cases in Pennsylvania Now Surpass 1,500: State Health Department

• Maryland’s CIS Group Joins Ensurise

• Row House Fire in Brooklyn Kills 6 People and Injures 9

Indiana AG: Rental Home Operator to Pay $48M Settlement

• Iowa Postal Worker Shot Two Co-Workers at Post Office, Police Say

• Illinois Roofing Company to Pay $700K in Race and Sex Harassment Suit

• AM Best Upgrades Credit Ratings of Illinois Casualty and Lebanon Valley

• People Moves: Couchman to Succeed Long as President of Western National

• Missouri Releases Workers’ Comp Rates for 2027

AM Best Revises Outlook to Stable for Members of Texas Farm Bureau Insurance Group

• SpaceX Plans $24 Billion Data Center and Gas Plant in Texas

• Honeycomb Expands LRO Into Texas, Pennsylvania and New Jersey

• Texas Appeals Court Cancels Oral Arguments in Challenge to Hemp Rules

• Texas Hemp Industry Sees Opening After Democrats Sweep Election

• Some 40% of Planned Data Center Capacity Is in States Wanting to Hit Pause

Florida Flooding Closes 90-Bed Rehab Hospital in Melbourne

• Five Weeks After Isaias, 68,000 Claims and $736M in Losses, Florida Carrier Data Show

• Manufacturers Hammer IBHS Over 15-Year Roof Age Limit for Fortified Designation

• SpaceXAI Started Data Center Build Without Water Permits, Mississippi Says

• Multiple People Charged in SC Fraud Investigations into Staged Accidents

• OpenAI Sued Over Claim That ChatGPT Drafted Lethal NC Poisoning Plan

People Moves: Island Insurance Names Cheung VP; Alliant Names Shenouda AI Transformation Officer; Daley Becomes EverPeak CUO

• Uninsured and Flooded Out, a Colorado Man Worries if Life Will Be Normal Again

• Billionaire Tax Measure on California Ballot Defeated

• Employers, Watchmen at California Ports Extend Contract Talks

• OpenAI Sued Over Claim That ChatGPT Drafted Lethal NC Poisoning Plan

• Kim Declares Victory in California Insurance Commissioner Race