News for February 2026

• Surge of Insurance Capital Into Private Markets Boosts Hiring, Pay Deals
• Tycoon Richard Li’s Bolttech Is Said in Talks to Buy MoneyHero
• Amex, Deere, J&J Abandon Board Diversity Rule, Activist Says
• Tesla Must Face Lawsuit Alleging Anti-American Bias in Hiring, Judge Rules
• Florida OIR Slams Committee-Approved Clearinghouse Bill Changes as ‘Illusory’
• Wynn Resorts Says Hackers Stole Employee Data
• TWIA Board Sets $4.3B as 1-in-50 Probable Maximum Loss for 2026 Storm Season
• Deep-Sea Tech Being Deployed to Find Sunken Fishing Boat Off Massachusetts
• People Moves: SAN Group Names Marcou; Underwood Joins Alliant
• Tow Truck Operator and Used Car Dealer Sentenced for Car Theft Scheme
• California Vocational School CEO Charged in Worker Education Benefits Scheme
• Trump Officials Accuse UCLA in Lawsuit of Ignoring Antisemitism
• WalkerHughes Acquires Ohio’s Sacksteder Worland Insurance Agency
• Blizzard Caused Up to $38 Billion in Estimated Damage, Economic Loss: AccuWeather
• Sompo Holdings Completes Acquisition of Aspen, Taking it Private
• California Seeks Injunction to Stop Amazon’s Alleged Stifling of Price Competition
• Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best
• People Moves: Rodriguez To Lead EPIC National Real Estate; AXA XL Names Carnazza Head of Construction Property, Americas; Wischmeyer Joins Marsh’s Digital Infrastructure Practice
• Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best
• Waymo to Debut in Biggest Texas Cities After New York Setback
• Mississippi Hospital System Closes All Clinics After Ransomware Attack
• Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos
• NC House Fire That Killed Hamlin’s Father Ruled Accidental But Cause Unknown
• UK Sanctions New Zealand Insurer Maritime Mutual After Reuters Report
• Over 2,000 Flights Canceled, 380,000 Homes Without Power as Storm Effects Continue
• FedEx Sues US for Refund on Trump’s Emergency Tariffs
• EU’s Russia Sanctions Hit Roadblock Put Up by Hungary, Slovakia
• UK Targets Russian Oil Fleet With Biggest Sanctions Hit in Years
• Oklahoma Captive insurance Program Adds 10 Insurers
• Marsh Mulls Sale of PCS, Financial Risk Manager for Super Rich Asians
• Oklahoma Medical Practice to Pay $90K in Pregnancy Discrimination Lawsuit
• Trump Family’s Crypto Venture Says It Faced ‘Coordinated Attack’
• US Supreme Court to Hear Bid by Oil Companies to Toss Climate Suits
• Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case
• Amica Insurance Ad Campaign Features Celtics Star Tatum’s Comeback From Injury
• Push to Tax California Billionaires Causing Political Stir
• Viewpoint: Claims Handling Breakdowns From LA Wildfires One Year on
• Wisconsin Lawmakers Pass Expanded Medicaid for Moms
• Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent
• AbbVie Invests $380M to Expand Illinois Manufacturing for Neuroscience, Obesity Meds
• South Dakota Considering Bill APCIA Says Could Increase Auto Insurance Costs
• Kansas at Vanguard of Denying Trans Identities on Drivers Licenses With New Law
• Former Connecticut Police Chief Arrested for Allegedly Stealing From Department Funds
• Cattle Ranchers Search for Feed as Wildfires Burn Grazing Lands
• Neptune Reports Drop in Profit for 2025 But Strong Growth After IPO
• Volvo Cars to Recall 40,000 Electric SUVs Over Battery Fire Risk
• FIGA Moves to End 1% Assessment for Insolvent Insurer Claims 2 Years Early
• Tech Update: Zywave Unveils 4 New AI Agents; Cytora, Warren Group Partner to Improve Commercial Property Underwriting
• Ski Guides in Spotlight as Investigators Probe Deadly California Avalanche
• ECB Steps Up Scrutiny of European Banks’ AI Industry Exposure
• FEMA to Help With Sewage Spill Into Potomac River
• Sompo Receives Regulatory Approvals to Acquire Aspen Insurance in $3.5B Deal
• New York City Isolated by Snowstorm as Thousands of Flights Canceled
• Danone Sees Up to €70 Million Hit From Baby Formula Recalls
• Carmakers Push Toward ‘Eyes-Off’ Driving, Raising Questions of Safety, Liability
• Swiss Re Corporate Solutions to Buy QBE’s Global Trade Credit and Surety Business
• Toymaker Assesses Next Steps in US Supreme Court Tariff Refund Battle
• UAE Says It Foiled Wave of AI-Backed Cyberattacks on Vital Sectors
• Judge Upholds $243M Verdict Against Tesla Over Fatal Autopilot Crash
• NAIC Says 2026 Priorities Include Disaster Preparedness, Responsible Tech Use
• Study Finds Warming World Increases Days When Weather Is Prone to Fires
• Florida House Asks Voters to Consider Cutting Most Homes’ Property Taxes
• Trump-Backed Ohio Gas Plant Could Become Biggest US Power Polluter
• Lawsuit Alleges Chiefs Receiver Rashee Rice Assaulted Former Girlfriend
• Berkshire’s Pacificorp Pays $575M to Settle Oregon, California Wildfire Claims
• People Moves: Arrowhead Intermediaries Names Curcio EVP, Arrowhead Specialty
• Judge in Michigan Charged With DUI After Car Strikes Signs
• New York City’s Last Striking Nurses Approve New Contract
• Northeast States Under Emergency as Snow Falls Amid Blizzard Warning
• Duffy Will Brief Congress Next Week on El Paso Shutdown
• Insurtech Qumis Secures $4.3M Seed Round
• High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best
• Aon Promotes Fraccalvieri as CEO of Global Facultative Re, Succeeding Laing; Arch Insurance Int’l Promotes Hope, Mani to Key Underwriting Roles in D&O and FI
• Palantir Decamps to Miami Co-Working Space in Surprise Move
• Michigan AG Secures Judgment Against Construction Company
• Erie Insurance CEO NeCastro to Retire at Year End
• OSHA Fines Alabama Utility Contractor $257,700 After Deaths of 3 Workers
• TotalEnergies Asked to End Oil and Gas Exploration in Paris Lawsuit
• US Supreme Court Rejects Trump’s Global Tariffs
• Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups
• Ski Trip Hit by Avalanche Was Led by Outfit Offering Mountain Adventures Globally
• Hedge Fund Fermat Says Surge in Cat-Bond Sales Is ‘Breathtaking’
• New York Governor Hochul Pulls Robotaxi Expansion Proposal
• Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says
• Climate Change Made Deadly Valencia Floods More Intense
• How the UK Is Keeping Flood Insurance Affordable – Until 2039
• India Grants One-Month Extension to 4 Russian Marine Insurers
• Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program
• People Moves: Yuko and Shapiro to Lead Amwins New Hospitality Practice; Pinion Insurance Names Selvig US CUO
• Live Nation Loses Bid for Full Dismissal of Antitrust Suit
• BioNTech Sues Moderna for Patent Infringement Over COVID Shots
• People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
• Texas Fire Threat to Worsen as Oklahoma Panhandle Burns
• Delaware High Court Rescues Cyber Insurers’ Subrogation Claims
• Washington Contractor Fined for Exposing Workers to Asbestos
• EEOC Sues Coca-Cola Distributor It Says Excluded Male Employees From Event
• People Moves: MIA Names Thornton, Matthewson, Fountain; Trucordia Appoints Dunning
• More Snow Coming to California After Deadly Avalanche
• LA Fire Victims Suing City Utility for Billions Win Major Ruling
• Marsh Risk Launches Excess Casualty Facility for US Digital Infrastructure
• Pritzker to Halt Data Center Tax Perks as Power Bills Soar
• Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas
• Texas Sues Dow, Alleging Water Pollution Violations at Chemical Plant
• District of Columbia Seeks Federal Help for Potomac River Sewage Spill
• Georgia Supreme Court Disbars Workers’ Comp Attorney for Taking Client Funds
• Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows
• Edison Is Slashing Top Executive Bonuses After Deadly LA Fire
• Palantir Gets Partial Win in Fight With Ex-Workers at AI Startup
• Markets/Coverages: BluNiche Launches Pharmaceutical Product Recall Insurance
• India to Decide on Russia Oil Tanker Insurance Firms Within Days
• UK Floods Raise Specter of ‘Mortgage Prisoners’ for Banks
• Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley
• Startups in Britain Turn to AI Instead of Costly New Hires
• People Moves: Gallagher Expands Executive, Financial Risk Practice Leadership; AXA XL Promotes Williams and Schmude in Specialty Insurance
• Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’
• AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers
• Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan
• Decades-Old Abuse Payouts Squeeze California School and City Budgets
• California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes
• Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers
• State Drops Charges Against NJ Political Power Broker, Insurance Exec Norcross
• Insurance Fraud Bill Unanimously Passes Washington Senate
• US Attorney for DC Pirro Sues Her NY Hometown for $250K Over Trip-and-Fall
• Business Moves: BayPine to Acquire Broker Relation From Aquiline
• Verisk Downplays AI Disruption Fears as Quarterly Profit Beats Estimates
• ITRC: Data-Breach ‘Transparency Is on Life Support’
• Inszone Acquires Texas’ Scarbrough, Medlin & Associates
• Specialty Program Group Integrates Anova Marine and Logistiq Insurance Solutions
• Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations
• Luxury Steamer Wreck Found in Lake Michigan After 60-Year Quest
• Camden Diocese’s Sex Abuse Claims Fund to Get $180 Million Boost
• Environmental Groups Challenge Decision to Revoke Basis of Climate Regulations
• Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance
• Pinion Insurance Launches With Up to $180 Million Commitment From Barings
• Tesla Avoids California Sales Halt Over Autopilot Marketing
• Global Insurtech Funding Surges on Record Re/Insurance Investments: Gallagher Re
• ‘We Failed Them:’ MS Senators Call for Improved Disaster Response After Storm
• Coalition Against Insurance Fraud Announces New Leadership Appointments
• AI Needs Its Own Risk Class: Lockton Re
• German Union Files Defamation Complaint Against Tesla Factory Manager
• Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
• Can AI Tell Us How Much to Pay for Art?
• Viewpoint: How P/C Carriers Can Win the Next Decade With Tech + Talent
• France Fines Russia-Linked Oil Tanker in Shadow Fleet Crackdown
• Asbestos Lawsuits Prompt Vanderbilt Minerals to File Bankruptcy
• EU Ill-Prepared for Worsening Climate Change, Advisers Say
• CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer
• Florida Pool Safety Bills Moving to Address Record Number of Drowning Deaths
• Judge Says Exxon Mobil Can Sue California AG for Defamation Over Recycling
• SterlingRisk Acquires Transportation Specialist ASZ International
• States Reliant on Colorado River Failed to Meet New Consensus Deadline
• Judge Dismisses Charges Against 3 Officers Accused of Mistreating Prisoner
• 4 People Die in Small Plane Crash Near Ski Resort
• Arthur J. Gallagher Acquires Pennsylvania’s B&W Insurance Agency
• Tesla’s Austin Robotaxis Report 14 Crashes in First Eight Months
• Popcorn Machine Catches Fire at Oklahoma Basketball Game
• Pinpoint Predictive Secures Approval in Ohio and Georgia
• Houston Companies to Pay $200K to Workers Fired for Asbestos Concern
• Texas AG Sues Factory After Residents Complain About Noxious Odors
• Severe Drought Prompts Burn Bans, Water Usage Restrictions in South Florida
• People Moves: Finys Names Theme as CCSO
• Bayer Eyes Deal to Pay More Than $7 Billion in Roundup Cases
• Tapco Underwriters MGA Rebrands as CRC Tapco
• 3 Killed, 3 Injured in Shooting at High School Hockey Arena in Rhode Island
• World’s Growing Civil Unrest Has an Insurance Sting
• Beacon Mutual CEO Spero to Retire in 2027; Vitale Named Successor
• UK Eyes Rapid Ban on Social Media for Under 16s, Curbs to AI Chatbots
• Preparing for an AI Native Future
• Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial
• French Prosecutor Opens Probe Into Baby Milk Brands Over Contamination
• São Paulo Battles Drought and Floods Together in Climate Paradox
• Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis
• UK Litigation Funder Stung by Car Finance Saga Is Raising Cash Again
• State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup
• OSHA Flags Safety Issues That ‘Exposed’ Workers to Explosion at US Steel Plant
• Catastrophe-Bond Risk Premia Drop to Rates Last Seen in 2022
• People Moves: Hub Names Hetrick VP, Private Client Risk Advisor; WSRB Chief Newman to Retire
• ALKEME Insurance Inks $27M Naming Rights Deal for Arizona Basketball Arena
• NYPD Official Charged With Taking Bribes From Firm Selling ‘Panic Button’ to Schools
• California Insurance Commissioner Unveils Intervenor Reform Regulations
• Experian Launches Insurance Marketplace App on ChatGPT
• Houston-Area Developer Reaches $68M Settlement With Texas, Feds
• King Risk Acquires Georgia-Based Hanc Group Agency
• ZestyAI Provides AI-Driven Risk Analytics for Marsh McLennan Agency
• Kansas Man Sentenced for Insurance Fraud, Forgery
• Enstar Group Acquires Michigan’s AF Group
• Three People Suffer Burns at Exxonmobil Facility in Texas, Media Report
• AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
• TVA Now Ready to Reverse Plans on Closing Two Coal-Fired Power Plants
• MAPFRE Re Gets Regulatory Approval to Open India Branch Office
• Former New Jersey Attorney General Platkin Opens Law Office
• China Orders Cereulide Tests as Nestle, Danone Face Recalls
• Nestlé Runs 24 Hours to Avert Formula Shortages After Recall
• Forest Service Gets Pushback on Plan to Use Controlled Burns in Green Mountains
• Viewpoint: East London Faces Risks of Extreme Flooding – But Resilience Can Be Built
• Odido Telecom Says Customer Data Compromised in Cyberattack
• Owner of Insurtech Startup InsuranceDekho Is Said to Plan $250 Million India IPO
• Judge Awards Applied Systems Preliminary Injunction Against Comulate
• Trump’s EPA Rollbacks Will Reverberate for ‘Decades’
• Palo Alto Chose Not to Tie China to Hacking Campaign on Retaliation Fear: Sources
• People Moves: Aon Appoints Peiser CEO of Risk Capital; Liberty Mutual Announces Leadership Transition in Global Risk Solutions
• Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles
• Wildfire Risk Scoring Transparency Bill Passes Washington Senate
• People Moves: Gavlick Named IICF Northeast Chair; Lawley Grows Benefits Division
• Privacy Activists Call on California to Remove Covert License Plate Readers
• Former Pitt Women’s Basketball Players’ Lawsuit Alleges Abusive Coaching
• California Attorney General Investigating Eaton Fire Emergency Response
• Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims
• People Moves: Smart AutoCare Names Murphy President
• People Moves: Marsh Risk Canada Promotes Lewis to President, Succeeding Robson
• How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
• Alliant Acquires Laredo Commercial’s For-Hire Trucking Portfolio
• Canada Police Name 18-Year-Old Suspect in Shootings That Killed Nine
• Summit Now Offers Workers’ Compensation in Pennsylvania and Delaware
• Investors: Trump’s Rollback on Greenhouse Gases to Cause Confusion, Could Add Costs
• Digital MGA Honeycomb Insurance Launches in Oregon
• Chinese Insurer Owner to Sell NYC’s Waldorf Astoria After Acclaimed Renovation
• Markets/Coverages: Re/Insurer Canopius Launches Natural Resources Team
• Portugal Deadly Floods Force Evacuations, Collapse Main Highway
• AXIAN Bets on Insurance to Deepen Risk Underwriting in Africa
• Bus Crash Involving Iowa College Baseball Team Leaves One Dead, 32 Injured
• People Moves: Unison Risk Advisors Names O’Sullivan as Chief People Officer
• Texas AG Sues Snapchat for Alleged Inappropriate Material and Addictiveness
• Drones, Drugs, Laser Beams Stir Confusion Over Texas Skies
• Insurance Issue Leaves Some Players Off World Baseball Classic Rosters
• Auto Safety Bill Targeting Electric Doors Advances in US House
• BMW Recalls Hundreds of Thousands of Cars Over Fire Risk
• Viewpoint: How Carriers Can Break the Cycle of Medical Abuse
• China Charges Former AstraZeneca Regional Head With Insurance Fraud
• The $10 Trillion Fight: Modeling a US-China War Over Taiwan
• Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds
• New York’s Mid-Hudson Insurance to Acquire Hanover Fire of Pennsylvania
• California Smoke Damage Act Would Enable Wildfire Victims to Expedite Claims
• ‘Structural Shift’ Occurring in California Surplus Lines
• Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders?
• Illinois Sees ‘Unprecedented’ Budget Pressure From Trump Cuts
• Texas’ Equal Parts Raises $23M to Support Acquisition Strategy
• OSHA Fines Nebraska Manufacturer $148K Over Fatal Explosion
• El Paso Airspace Reopened After FAA Rescinds 10-Day Flight Restrictions
• Western Snow Drought Raises Fire and Drought Concerns
• Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years
• New Mexico Lawsuit Accuses Meta of Failing to Protect Children
• West Virginians Could Soon Lose Access to 28% of Affordable Housing
• House Votes to Restrict China’s Global Financial Institution Ties If Taiwan Threatened
• Portuguese Insurer Fidelidade Said to Be Worth at Least €3 Billion in Revived IPO
• FDA to Review Decades-Old Food Preservative in Safety Overhaul
• Local Regulators Deny Rezoning Request for Pennsylvania Data Center Development
• EU Aims to Use Global Upheaval to Drive New Single Market Push
• Estee Lauder Sues Walmart Over Alleged Counterfeit Fragrances
• South Korea Crypto Exchange Bithumb Says System Flaws Led to $40 Billion Error
• Climate Change and Budget Cuts Fueled South American Blazes
• Canadian Airlines Suspend Cuba Flights as Island Set to Run Out of Jet Fuel
• Acorn Owners Said to Weigh Options for £1 Billion UK Cab Insurer
• Viewpoint: Why Unified Data, Not More Data, Will Decide Insurance’s Next Winners
• A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
• Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation
• Injured Employee Loses Evidence Spoliation Bid Over Video Erased by Employer
• People Moves: Hinterland Names Krozy CUO, Harding VP Commercial Package and Property
• Maryland Traffic Fatalities Declined 18% in 2025
• AIG Underwriting Income Up 48% in Q4 on North America Commercial
• EPA Identifies Spilled Chemical Compound That Affected 260 Cars in Kansas
• Rejection of Texas Law Blacklisting ‘Woke’ Firms Could Challenge Other Anti-ESG Laws
• Liberty Mutual to Partner With Net-Zero Focused PE Firm Ara
• SC Wind Mitigation Grant Program Now Open for New Applications
• Trump Threatens to Block Detroit-Canada Bridge in New Row
• Louisiana Restaurants to Pay $34K in Sexual Harassment Lawsuit
• Greece and Malta Hesitate Over EU’s Russia Oil Services Ban
• Six Charged in $1.7M Damage Claims Scheme With Florida Government
• AIG Completes Purchase of Minority Stakes in Re/Insurer Convex and PE Firm Onex
• Probe Begins Into Maine Pulp Facility Chemical Release That Killed Intern, Injured 9
• Risky Future Series: AI Tools for Aerial, Geospatial Intelligence ‘Demo Day’ on Feb. 11
• Labor Board Gives Up Oversight of Musk’s SpaceX
• Majority of Striking New York Nurses Announce Tentative Deal With Hospitals
• Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance
• Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
• Singapore Says Cyber Espionage Group Targeted Telco Infrastructure
• S. Korea Blames Coupang Data Breach on Management Failure, Not Sophisticated Attack
• Markets/Coverages: MGA Helix Launches London Property Offering With PartnerRe
• China’s Nio Recalls Record 246,229 Cars Over Software Problem
• Methven to Succeed Millaire as CyberCube CEO
• People Moves: Verisk Names Kauderer President of Claims Solutions; Lang Joins CRC to Head Carrier Management
• Schwebach: Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again
• Workers’ Compensation Insurer Beacon Mutual Dealing With Ransomware Attack
• Colorado Funeral Home Owner Who Abused Corpses Gets 40 Years in Prison
• Chevron Buys West Texas Ranch in ‘Zombie’ Oil Well Settlement
• Musk’s Underground Vegas Tunnels Scrutinized for Safety, Environmental Concerns
• Rising Fire Risk Prompts Utilities to Deliberately Cut Power
• Man Convicted in Commercial Learner’s Permit Scam Using Bluetooth
• People Moves: Diessner Promoted to President of Kraus-Anderson Insurance; Alliant Adds Quitmeyer to Chicago Employee Benefits Group
• Kansas Jury Awards $8M to Family of Teen Who Died at Juvenile Intake Center
• Giant Snails and Tiny Insects Threaten Rice and Crawfish Farms
• Social Networks Face Big Tobacco Moment Over Addiction Claims
• Family of Still-Missing Texas Camper Sues to Shut Down Camp Mystic
• CNA Q4 Underwriting Results Drop 6.2%
• Mississippians Without Power for Two Weeks After Winter Storm
• EEOC Files to Get NAPA Auto to Comply in Hiring Investigation
• Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed
• Instagram, YouTube Addiction Trial Kicks Off in Los Angeles
• Coupang Confirms More Data Leaks Which South Korean Aide Says Has ‘Shaken’ US Ties
• Danone Infant Formula Recalls Expand in UK, Ireland

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