News for January 2026

• People Moves: SPG Names Carpenter VP of Business Development, Infrastructure
• Scientists Confirm 2025 Was Third-Hottest Year, Trailing 2024 and 2023
• Oracle Sued by Bondholders Over Losses Tied to AI Buildout
• Florida Heads for Smallest Orange Crop in Nearly a Century
• $182M Settlement Reached in 2015 New York Train Crossing Crash That Killed 6
• People Moves: SAN Group Names Regional VP; RCM&D Hires Surety Division Director
• Musk’s xAI Faces California AG Probe Over Grok Sexual Images
• Two Big California Home Insurers to Raise Rates by 6.9%
• Driver Fails to Back Up Claim That Tesla Touchscreen Defect Caused Accident
• Supreme Court Does Not Issue Ruling on Trump’s Tariffs
• Update: Verizon Says Service Restored After Thousands Affected by Outage
• WV Program That Helped Tackle Abandoned Buildings is Running Out of Money
• CrowdStrike Defeats Shareholder Lawsuit Over Huge Software Outage
• FBI Says Arson Suspect Targeted Mississippi Synagogue That Was Bombed in 1967
• Baldwin Group Acquires Illinois’ Obie
• Business Moves: ALKEME Expands in US With Addition of 5 Agencies
• People Moves: Roggenbaum Named Amerisure Vice President of Strategic Growth
• Kansas Man Sentenced to Probation for Insurance and Identity Fraud
• Deadly Fire at Assisted Living Facility Prompts Massachusetts Safety Reforms
• Texts Show Texas Officials’ Confusion About Campers’ Fate Amid Flood
• Main Break Leaves Many El Paso, Texas Residents Without Water
• People Moves: AXA XL Reinsurance Promotes Longbottom and Pedro; Matthias Appointed Global Head of Zurich Resilience Solutions, Succeeding De Nil
• Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results
• Tesla Agrees to Mediation That Could Resolve EEOC’s Racism Lawsuit
• Trade and War Worries Haunt Davos as World Seen ‘on a Precipice’: WEF Survey
• Consumer Acceptance of Telematics Widens, Says Survey
• 2025 Among World’s Three Hottest Years on Record: WMO
• Sedgwick Launches Global Specialty Platform in London
• Drones Hit Two Tankers in Black Sea, Driving Up War Insurance Costs
• UK Actuaries Sound Alarm on Loss Models Downplaying Climate Risk
• Warburg Mulls $1 Billion Sale of London Insurance Broker McGill
• Markets/Coverages: Aon Expands Data Center Lifecycle Insurance Program to $2.5B
• India Digital Insurer Acko Said to Seek Banks for $350 Million India IPO
• EPA Aims to Speed Permitting for Energy, AI Infrastructure With Rule Change
• Fleets Must Stay on Top of Changes in Volume and Behavior to Reduce Crashes
• Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates
• Viewpoint: What The Return of California’s ‘Death Discount’ Means for Litigation
• How Colorado Sparked a Global Push for Salary Transparency
• People Moves: Ames & Gough Appoints Marchetti as President; Gough Becomes CEO
• New York Governor Hochul Vows to Tackle Insurance Affordability, Litigation and Fraud
• Marshall+Sterling Acquires New York’s Sidle Insurance
• Oklahoma Homeowners Can Apply for Up to $10K Grants for Fortified Roofs
• Business Moves: United Risk to Acquire DUAL Crisis Management Program, Team
• People Moves: Packer Named to MD Board; Parkhurst New TDCI General Counsel
• Railroads and Their Regulators Thwart Safety Fixes, Analysis Finds
• Markets/Coverages: ATA Launches $750M Insurance Facility for AI Infrastructure Boom
• Court Orders Justice Family Coal Companies to Pay $1M to Liberty Mutual Unit
• Markets/Coverages: FM Bumps Up Limits for Data Centers to $5B
• Iowa Landlord to Pay $325K Settlement in Sexual Harassment Lawsuit
• Iowa Woman Charged With Insurance Fraud
• California Wants to Mix Hydrogen With Gas to Cut Pollution. Critics Say That Poses Risks
• APCIA Backs Federal Bill to Require Litigation Funding Disclosure
• People Moves: Chaucer Taps Carpenter’s Loh as CEO Singapore; Price Forbes Singapore Names Carpenter’s Heath as Head of Reinsurance and Wholesale
• Door of Swiss Bar Where 40 Died in Fire Was Locked, Says RTS
• Markets/Coverages: Berkshire (BHSI) Expands Casualty Lines in Italy
• Factbox: Elon Musk’s Grok Faces Global Scrutiny for Sexualized AI Deepfakes
• BBC Defends Documentary Targeted by Trump in $10 Billion Suit
• Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report
• Schrager Hampson Aviation Acquires Delaware’s Einstein Insurance
• Experian: AI Agents Could Overtake Human Error as Major Cause of Data Breaches
• Florida Lawmakers Ready for Another Shot at Litigation Funding Limits
• Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement
• Judge Lets Orsted Resume Rhode Island Offshore Wind Project Halted by Trump
• Ex-Insurance Agent Sentenced for 2 Fraud Counts Faces Additional Charges
• Experts Wary of Privacy, Liability From AI Health Gadgets at CES in Nevada
• FAA Notice Warned of Slackline Before Deadly Arizona Helicopter Crash
• Sexual Assault Charges Dropped Against Former AIG Exec McElroy
• Michigan Auto Industry Faces ‘a Critical Time,’ Report Says
• People Moves: Rockford Mutual Announces Leadership Transition
• Texas Staffing Agency to Settle EEOC Disability Lawsuit
• Texas Medical Marijuana Industry Sprouts New Businesses, Patients
• Alliant Latest to Sue Howden US Over Alleged ‘Smash-and-Grab’ Poaching
• Companies Work to Handle Safety Challenges of New Venezuelan Oil Exports: Sources
• Business Moves: Nexus Acquires Medical Tourism MGA; SRG Buys North of England Broker Kennett; Jensten Buys 3 Brokers, Gaining 1st Entry in Scotland
• Data Centers Will Need $3 Trillion Through 2030, Moody’s Says
• Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns
• SC Lab and CEO to Repay $6.8M in Kickback Scheme Exposed by Whistleblower
• Rideshare Drivers Protest Robotaxis as California Considers More Regulations
• South Carolina Measles Outbreak Grows, Spreads to NC and Ohio
• Delaware Reports Avian Flu in a Commercial Poultry Flock
• North Carolina May Lose $50M in Federal Funds Over Immigrant Trucker Licenses
• Markets/Coverages: Brit Launches Property Direct & Facultative in Bermuda
• Fed Served With DOJ Subpoenas; Powell Vows to Stand Firm
• US Seizes Fifth Vessel Taken in Venezuela Blockade
• Finnish Police Release Russia-Linked Ship Held in Cable Sabotage Case
• Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status
• One Dead in Australian Wildfires That May Burn for Weeks to Come
• Supreme Court to Weigh FCC Power to Fine in New Regulatory Clash
• CEOs on Guard as Trump Rattles Companies With Series of Edicts
• California Bill Seeks to Add ‘Transparency’ to Aerial Images Used by Insurers
• Starkweather & Shepley Acquires DiMatteo Brokerage in Connecticut
• Billionaire NFL Owner Suing Over Billboards Near His LA Stadium
• New York AG Demands Instacart Hand Over Information About Price Tests
• Newsom Seeks $200 Million to Replace EV Tax Credits Cut by Trump
• Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages
• Supreme Court Set to Issue Rulings as Trump Awaits Fate of Tariffs
• NC Insurance Commissioner Urges President to Not Pardon Greg Lindberg
• People Moves: Munich Re Syndicate Taps HDI’s Ogden as CEO; HDI Global UK & Ireland Names Hunt as Interim CEO in UK & Ireland as Ogden Departs
• Baldwin Group Acquires Capstone Group in Philadelphia
• How Trump’s Tariffs Ricochet Through A California Business Park
• Surge of Supercharged Hurricanes Prompt Call for Cat 6 Classification
• Law Firm Faces Sanctions for Failing to Vet Ugandan Claims in $6B 3M Case
• Company Hit With $9 Million Fine for 2023 Oil Spill off Louisiana Coast
• Russian-Bound Tanker Hit by Drone in Black Sea, Maritime Sources Say
• China Urges Nestlé to Work Quickly on Baby Formula Recall
• Markets/Coverages: Mosaic Insurance Launches Bermuda Excess Casualty Business
• Insurers Buy Erste SRT Deal Linked to €10 Billion Loans for M&A
• CRC Group Completes Acquisition of Lloyd’s Managing Agency Atrium
• Japanese Insurer Sompo to Ramp Up Overseas Credit Investments
• Detroit Suburb to Pay Settlement in the Case of Woman Improperly Declared Dead
• Texas Congresswoman Wants Legal Status for Migrant Construction Workers
• People Moves: IICF Names Marohn Chair, McDonough Vice Chair of Board of Governors; AXA XL Promotes Stitham to CUO, Casualty, Americas
• Insurance Journal Opens Nominations for Annual Agents of the Year Awards
• Goldman Sachs Warns US Grids Face Power Crunch by 2030
• Fire Safety Inspections Lapsed for Years at Swiss Bar Where 40 Died in New Year’s Blaze
• People Moves: Patriot Growth Appoints Rogers: Alliant Adds Lowe
• Less Than a Dozen Homes Have Been Rebuilt a Year After LA Wildfires
• Andover Companies Completes Reorganization
• Union Warned of Mass Resignations With Return-to-Office. They Haven’t Happened.
• Trump Prosecutor Targeting NY’s Letitia James Is Disqualified
• ‘Call Your Mother’ Bagel Shop Settles With ‘Call Your Bubbi’
• Procter & Gamble Tweaks Toothpaste Packaging for Texas AG’s Fluoride Concerns
• People Moves: Moore Named General Counsel at Aspire
• Minneapolis Cancels School as Killing Fuels Anti-ICE Protests
• Abbott Names Crawford Texas Insurance Commissioner
• Volvo Cars Recalls Over 413,000 US Vehicles Due to Rearview Camera Issue
• Markets/Coverages: CFC Offers Customer BI for SMEs; Amwins SRU Launches Primary Construction Casualty Program
• Google, AI Firm Settle Florida Mother’s Lawsuit Over Son’s Suicide
• 10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris
• Update: Storm Goretti Batters Europe With Violent Winds, Power Cuts
• Florida Insurance Agency VP Sentenced to 3 Years in Massive ACA Fraud Scheme
• Two Killed in South Carolina When Scissor Lift Hit Power Lines
• Duffy Pulls $160 Million From California Over Truck Licenses
• Newsom Plans Crackdown on Corporate Homebuying in California
• Nearly Half of 100 Largest P/C Insurers Destroy Value: ACORD
• Bridge Specialty Acquires Pennsylvania Wholesale Broker
• Progressive Approved for Personal Auto Rate Decreases in Louisiana
• Blenheim Partnerships Launches Specialty Trade-Related MGA
• Octave Ventures’ Statera Gets Approval to Be Lloyd’s Managing Agent
• Intruder Causes $28K in Damage at Vice President Vance’s Ohio Home
• German Minister Says EU Must Take Legal Steps to Stop Grok’s Sexualized AI Photos
• Australian State Faces Catastrophic Fire Risk From Heat Wave
• Tesla Door Design Is Targeted by New US Automotive Safety Bill
• Nestle Infant Formula Recall Widens to Africa, the Americas and Asia
• German Dentists’ Fund Sues Advisers Over €1.1 Billion Loss
• People Moves: Roxborough Named 2026 CHSWC Chair
• 4 Injured in Nursing Home Explosion File Negligence Lawsuit
• Orsted’s NY Wind Project Challenges US Suspension of Lease
• Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million
• Germania Insurance Places First Cat Bond Through Handshake Re
• The MEMIC Group Closes Acquisition of The Dakota Group
• California Bill Would Require Insurer Claims Handling Plans, and Double Penalties
• US Seizes Russian-Flagged Tanker and Another Tied to Venezuela
• Neglect, Abuse Common at Michigan Nursing Homes, Report Finds
• Texas Insurance Commissioner Brown Retiring
• Trump Aims Bumper Aid at US Rice Farmers Facing Bleakest Outlook
• After Merger with CAC, Baldwin Names Lynch, Two Others to Leadership Roles
• Three Atlanta Firms Merge, Offering Range of Insurance and Financial Services
• NRA Sues Charity Arm After Alleged Takeover by LaPierre Allies
• US Wants Venezuelan Oil Flowing Again With Revenues in US Accounts, Wright Says
• Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead
• Trump Won’t Rule Out Military Force to Acquire Greenland
• Arctic Freeze Deepens Europe’s Travel and Power Strains
• Governments, Regulators Increase Scrutiny of Chinese AI Startup DeepSeek
• Nestle Recalls Infant Formula Batches in 25 Countries Over Toxin Risk
• Viewpoint: The Convergence of Autonomy and Intelligence Is Reshaping Insurance
• Private Equity Firms Expected to Unleash Middle-Market M&A Deals, Survey Says
• People Moves: Doss Assumes Role of VP, Personal Lines Underwriting; The Jacobson Group Hires Pinkham as CEO, Greg and Rick Jacobson Transition to Board
• People Moves: W. R. Berkley Makes Executive Appointments; Everest Group Names Habayeb CFO
• Volkswagen, Porsche Recall Over 500,000 Vehicles With Rearview Camera Glitch
• Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling
• New Jerseyans Get $86 Million in Medical Debt Relief
• New York Regulates Consumer Litigation Financing
• MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement
• Southern California Aerospace Firm to Pay $1.5M to Resolve False Claims Act Allegations
• Their Homes Survived The LA Wildfires; A Year Later They Fear Living in Them
• JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims
• Trucordia Acquires First Texas Agency
• Houston Homeowners Win Hurricane Harvey Appeal Against Feds
• Zurich and Players Health Form Injury Insurance for NIL Era of College Sports
• People Moves: Westfield Specialty Taps Sompo’s Röskau for New Company Market Unit
• Morningstar: A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance
• Xceedance Acquires Illinois-Based Marble Box
• Millions at Risk of Los Angeles-Style Wildfires in Australia
• AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In
• German Insurers Report Below-Average Natural Disaster Claims in 2025
• UK Investment Group Kelso Buys Stake in Travel and Insurance Firm Saga
• Europe Backs Greenland After Trump Resumes Takeover Threats
• UK’s Admiral Group Completes Sale of US Motor Business to PE Firm J.C. Flowers
• Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says
• Germany Sees Russian Covert Attacks as Prelude to Wider Conflict
• Oil Tankers Sail From Venezuela With no Flag or Safety Documents, Shipping Data Show
• High-Net-Worth Provider PCS Gets Former PURE CEO Buchmueller as Chairman
• Former Exec Sues Insight Partners for Being ‘Impossible for Women’
• SCDOI Says Uninsured Motorist Fund Payments Should Be Considered ‘Other Income’
• Viewpoint: Georgia Reforms May Reshape Markets in Unintended Ways
• People Moves: Alliant Hires Ellison as SVP, Employee Benefits
• Judge Rejects Amazon’s Bid to Dismiss Price Gouging Lawsuit
• Massachusetts Fire Deaths Decline to 44; Toll Includes 10 Lost in Gabriel House Tragedy
• Woman Who Lost Home in LA Wildfire Sowed Hope Where Her Home Once Stood
• Massachusetts Credit Union Completes Buy of Maryland’s Peoples Bank, Insurance
• Solar Panels and Heat Pumps to Be More Expensive in 2026
• Appeals Panel Says California’s Open Carry Ban in Populated Counties Unconstitutional
• Virginia High Court Rules Wage Theft Law Does Not Cover Commissions
• People Moves: Novatae Group Names Juergens as CFO
• Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud
• Illinois Hospital System Sued for Religious Discrimination
• Inszone Acquires Texas’ Bierschwale-Rees Insurance
• Insurance Payments Now at $22.4B From LA Wildfires One Year Ago
• Ryan Specialty Underwriting Managers Rebrands Leopanthera as Ryan Financial Lines
• CRC Group Signs Agreement to Acquire Euclid Transactional
• New York-Based Lawley Acquires Neighboring Witkin Scott Associates
• Insurance Journal Launches Annual Agency Salary Survey: Participate Now
• AI Regulation Battle Looms in California Despite Trump Threats
• People Moves: CRU Group Names Sewell VP for Cat and Flood Services
• Coast Guard Suspends Search After 77-Year-old Went Overboard From Cruise Ship
• Pilot Dies in Plane Crash at Provincetown Airport
• Chatbot Grok Makes Sexual Images of Kids as Users Test AI Guardrails
• Howden Buys M&A Insurance Broker Atlantic Group in US Expansion
• Swiss Bar’s Owners Face Criminal Negligence Probe After Fire
• UK Set New Annual Heat and Sunshine Records Last Year
• Europe Saw Record Surge in Renewable Output, Driving Below-Zero Power Prices in 2025
• US Military Operation in Venezuela Disrupts Caribbean Travel
• Trump’s Venezuela Gambit Tests Investor Appetite for Geopolitical Risk
• ‘Trump’s EPA’ in 2025: A Fossil Fuel-Friendly Approach to Deregulation
• High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization
• ’60 Minutes’ Homeowners Ask Court to Force DFS to Divulge Heritage Probe Info
• Four in New Jersey Face Charges in Alleged $250K Travel Insurance Scam
• People Moves: Feitel Joins Alliant’s Employee Benefits Group
• Washington Contractors Fined for Exposing Workers to 22-Foot Wall of Dirt
• Washington Workplace Changes for 2026 Include Higher Pay, New Tower Crane Rules
• US Rice, Cotton Farmers Get Biggest Relief in Trump Bailout
• Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance
• Texas Business Owner Pleads Guilty to Home Building Fraud Scheme
• Cornerstone National Insurance Company Placed Into Receivership
• Berkshire Falls on Buffett’s Last Day as CEO, Gained 6,100,000% Over 60 Years
• Kansas Man Sentenced to Probation for Insurance Fraud
• Aon Extends Employment Agreement With CEO Case
• Idaho Company Recalls Nearly 3,000 Pounds of Ground Beef for E. Coli Risk
• Definity Financial Completes $2.4B Acquisition of Travelers’ Canadian Businesses
• Derailed Train in Kentucky Causes Chemical Leak and Sparks a Fire
• 2 New Jersey Pilots Killed in Helicopter Collision Frequented Nearby Cafe Together
• Disney Worker Injured Trying to Stop Runaway Boulder at Indiana Jones Show
• Nursing Home Bailouts. Why Vermont Has Given Millions to Keep Them Afloat
• Swiss Resort Fire Victims Sent Abroad as Tragedy Investigated
• The 14 Global Trends That Will Shape the Climate in 2026
• Authorities Probing Damage to Undersea Telecom Cable in Gulf of Finland
• Taiwan Stays on High Alert as Chinese Ships Pull Back After Massive Drills
• US Sanctions Chinese Companies, Tankers With Venezuela Links
• Europe’s Space Agency Says Cyber Incident May Have Hit Servers
• Porsche to Recall Over 173,000 Vehicles for Rearview Camera Issue
• Whose Dog Is That? Delaware Courts Wade Into Pet Custody Fights
• Labor Board Abandons One of Its Cases Against Musk’s SpaceX
• US Lifts Sanctions on Trio Accused of Work on ‘Predator’ Spyware
• People Moves: Alliant Hires Johnson as EVP in M&A Specialty
• How Maine Is Spending Its Share of Opioid Settlement Money
• Thousands of Maui Vacation Rentals in Limbo After Council Hits Gridlock

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