News for March 2026

• Ohio Contractor Sentenced to 17 Years in Prison on Fraud Charges
• Amid Drought, Corpus Christi Seeks Water From Privately Owned Plant
• People Moves: Marsh Risk Names Zafiriadis to Lead New Service Delivery Practice
• Medical Journal Lancet Retracts 49-Year-Old Baby Powder Paper Over J&J Breach
• Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction
• Meta Funds Seven Gas Plants for Biggest Data Center
• Georgia Employers Fined for Repeat Silica Exposure for Workers
• Georgia Tax Bill Would Take Billions in Breaks From Companies
• The Scope of Damage From Hawaii’s Floods Becomes Clearer
• US Senate Votes to Fund Most of Homeland Security After Shutdown Disrupts Airports
• Trump Extends Deadline for Striking Iran’s Energy Plants Into April
• Iran Built Vast Camera Network to Control Dissent. Israel Turned it Into Targeting Tool
• US Warns on Bab El-Mandeb Strait After Iran Shipping Threat
• Bessent Says Hormuz Ships Insurance Program to Start Soon
• Energy Fallout From Iran War Signals Global Wake-Up Call for Renewable Energy
• Odey Allegedly Told Staffer He Could ‘Attack’ Her After Alcohol-Fueled Lunch
• Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. Cincinnati
• RFK Allies Petition to Add More Than 300 Injuries to US Vaccine Injury Table
• Totalis Program Underwriters Acquires Home/Flood Insurance Specialist ShoreOne
• NCAA Asks Court to Stop DraftKings’ Use of ‘March Madness’ and Other Trademarks
• People Moves: Gray Joins Alliant’s Northwest Employee Benefits Team
• People Moves: RT Specialty Environmental & Construction Practice Elevates Four
• Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K
• Maryland Top Court Tosses Baltimore and Annapolis Climate Change Lawsuits
• Jewish Communities Boost Security Amid Rise in Hateful Incidents
• People Moves: Everest Appoints Busti From AXIS as Head of North America Treaty Re; AXA XL Taps Lockton’s Reynolds as Head of Marine, UK & Lloyd’s, Global CUO for Hull
• Michigan Woman Pleads Guilty in Beauty Store Theft Ring
• Texas Man Gets Life After Investigation Finds Arson Used to Cover Murder
• AM Best Revises Outlooks to Stable for Members of Western Reserve Group
• Risk Theory Launches Dealer Transit Service to Address Vehicle Theft
• People Moves: Society of Actuaries Names Rosso CEO
• Fidelity Beats Lawsuit Over Fees in $439 Billion Money Market Fund
• Marsh Risk Secures Insurance for Construction of Nuclear Power Plant in Wyoming
• Report Shows How Guns Move From Southern Stores to Northern Crime Scenes
• Georgia Could Become First State With Weapons Detection in All Public Schools
• FEMA to Offer $1 Billion for Disaster Resilience After Lawsuit
• US Jury Verdicts Against Meta, Google Tee Up Fight Over Tech Liability Shield
• Housing Finance Chief Pulte Makes Insurance Fraud Allegations Against NY AG James
• UK Car Insurer First Central Is Said to Tap Banks for London IPO
• Britain to Intercept Russian ‘Shadow Fleet’ Ships in UK Waters
• Uber, Autonomous Mobility Firms to Launch Europe’s First Commercial Robotaxis
• Iran Sees US Peace Plan as ‘One-Sided’ as Trump Presses for Deal
• Rich Britons Reap Biggest Benefits From UK State Flood Program
• Iran Is Drafting Law to Introduce Tolls for Hormuz Transit
• Viewpoint: Insurance Broker Valuations – The Elephant in the Room
• P/C Underwriting Income Up $40B in 2025, Say Verisk and APCIA
• High Levels of Cancer-Causing Benzene in European Cooking Gas, Study Finds
• After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees
• EXPLAINER-Can US Government Be Held Liable for LaGuardia Airport Collision?
• Pinnacol Assurance in Colorado Paying $15M Dividend for Colorado Members
• People Moves: ALKEME Names Stradling CFO; Machut and Quintero Join Alliant
• Harvard Faces Pressure From Two New Trump Administration Probes
• Meta, Google Lose Case Over Social Media Harm to Kids
• Chaucer, Ceto Launch Lloyd’s Marine MGA, Underwriting With Real-Time Vessel Data
• Florida OIR Grants Permit to Startup Sypher Insurance and Takeouts for Others
• Markets/Coverages: Brit Launches Cargo Consortium With up to $80M of Capacity
• US Supreme Court Backs Cox in Fight Over Pirated Music
• Ohio AG Sues Contractors for Allegedly Defrauding Consumers
• Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme
• Chevron Warns California Risks Fuel Crisis Unless Iran War Eases
• Elon Musk Company Selects Proposed Mile-Long Dallas Tunnel
• Wisconsin Grocery Chain Sued for Pregnancy Discrimination
• AccuWeather Atlantic Hurricane Season Forecast: 11-16 Named Storms
• Crawford Claims Management Firm Names Swain CEO
• Convex’s Chairman Catlin Steps Down, Succeeded by Onex CEO Le Blanc
• Baltimore Sues Elon Musk’s xAI Over Grok Sexual ‘Deepfakes’
• Iran Demands Crew, Cargo Details to Send Ships Through Hormuz
• Iran Charges Some Ships Hormuz Transit Fees for Safe Passage
• Iran Reviewing US Proposal Despite Negative Initial Response, Senior Iran Official Says
• Iran Wiped 50 Israeli Firms’ Data, Hacked Cameras, Official Says
• Tech Update: Renaissance Unveils AI Upgrade to Its Member Platform
• Crunchyroll Probes Breach After Hacker Steal User Data: BleepingComputer
• WTW Survey: Insurers Using Advanced Analytics and AI See Strong Returns
• Meta Ordered to Pay $375M After Trial Over Child Exploitation, User Safety
• Zoox to Widen Robotaxi Footprint With San Francisco, Vegas Expansion
• Six People Injured After Floor Collapses at New Hampshire Wedding Venue
• People Moves: Farmers Insurance Names Pham Chief Strategy & Risk Officer; Alliant Private Client Adds Yoshida as SVP
• Safety System Failed to Alert LaGuardia Tower Before Crash
• Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn
• Groups Push for Federal Court Rule to Disclose Litigation Funding
• Gulf Energy Industry Will Take Years to Recover From Iran War
• Vortex Weather Launches Parametric Hail Product
• Texas to Ban Smokeable Hemp on March 31
• People Moves: Maryland Appoints Two Associate Insurance Commissioners
• SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project
• Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater
• California Sues Department of Energy Over Sable Oil Pipeline Restart
• High-Grade Borrowers Jump Back Into Bond Market After Halt
• Oakbridge Names New President and CEO as Smith Moves to Chairman Role
• EPA Promises Ruling on New Hampshire Repeal of Vehicle Inspections by Summer
• Fire Destroys Historic Courthouse in Georgia
• FCC Bans Wireless Router Imports, Citing Security Concerns
• Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case
• German Court Rejects Bid to Ban Mercedes and BMW’s Fossil-Fuel Cars
• Hyundai Recalls 58,000 Palisade SUVs in South Korea Over Automatic Seat Problem
• Iran Sends Waves of Missiles Into Israel, Calls Trump’s Talk of Negotiations ‘Fake News’
• Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis
• Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling
• NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?
• Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area
• Register: Risky Future AI Tools for Better Billing & Payments ‘Demo Day’ on March 25
• Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re
• Hawaii’s Worst Flooding in 20 Years Prompts Evacuations
• Relation Insurance Acquires Chinook Insurance Group in Washington
• Nebraska Fires Burn Grazing Lands, Threaten Plans to Grow US Cattle Herd
• Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance
• P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research
• Trump Suit Against Capital One Dismissed But Can Be Refiled
• Planned Parenthood of Illinois to Pay $500K to End DEI-Related Investigation
• Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears
• Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover
• People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader
• Harvard Sued by Justice Department Over Alleged Antisemitism on Campus
• Southwest Heat Wave Tumbles Records, Raises Fire Risk
• Starr Completes Acquisition of IQUW Group
• Two Pilots Killed, Dozens Injured in Jet Collision With Fire Truck at LaGuardia Airport
• Musk Found Liable to Twitter Shareholders in Fraud Lawsuit Over Takeover
• Trump Puts Off Threat to Bomb Iran Power Grid; Iran Denies Talks Taking Place
• Fermat Criticizes ‘Unprecedented’ EU Plan to Limit Retail Investor Access to Cat Bonds
• Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine
• Chinese Insurer Ping An’s Offshore Unit Reconsiders US Exposure
• Iran-Linked Hackers Restore Website After US Seizes Domains
• Hyundai Says More Injuries Tied to SUV Rear Power Seat Recall
• Remote Spanish Airport Again Becomes Parking Lot for Planes, This Time on Iran War
• The Luxury Life of British Expats in Dubai Faces a Reality Check
• ‘Mental Health Trip’ to NY Not Compensable, Florida Appellate Court Finds
• Predicting the Insurability of Prediction Markets
• Orlando Apartment Complex Evacuated After Cracks Found on All Five Floors
• Negligence Suit Filed Over Death of Former New York Yankee’s Teenage Son at Resort
• NHTSA Upgrades Probe into 3.2M Teslas Over Self-Driving Crashes
• Oklahoma Insurance Producer Has License Revoked Following Investigation
• Texas Takes Over Permitting for Carbon Storage Projects
• Inszone Acquires Ohio Valley Insurance
• People Moves: Liberty Mutual Names Hobbs President of Underwriting, GRS
• FirstEnergy Execs Face Corruption Trial in Bribery Scheme
• Rapper Wins Defamation Lawsuit Against Ohio Deputies Over Music Videos
• Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance
• Indian Gas Tankers Getting Ready to Sail Through Hormuz, Data Shows
• Football Club Lyon Sued for $63 Million Over Igor Jesus Funding
• Decades After Canal Project Was Abandoned, Advocates Trying to Link 3 Rivers
• Tally Hospital Sues to Evict Patient Who Won’t Leave Room 5 Months After Discharge
• Rural New York Insurance Agency Under Investigation, Police Report
• FAA Mandates Radar Checks on Helicopters and Planes Near DC Airport
• UK to Seek Closer EU Ties on Financial Services as Reeves Chases Growth
• Hiscox Manager Faces Greek Perjury Charge Over Extradition Case
• US Sending Marines and Amphibious Assault Ship to Middle East, Officials Say
• Researchers Uncover iPhone Spyware Capable of Penetrating Millions of Devices
• Hippo, Progressive Embark on Strategic Distribution Relationship
• US Allies See No Way of Opening Hormuz Strait During War
• Publix Not Liable in ‘Unforeseeable’ 2021 Supermarket Shooting, Florida Court Says
• People Moves: CopperPoint Appoints Woods SVP, Head of Product
• New Jersey Public Schools May Be Held Vicariously Liable for Sexual Abuse
• NYC Eyes Ending Legal Support For ex-Mayor Adams in Sexual Assault Lawsuit
• About to Take Off?: Legal Fights Emerge Over Toxic Fumes on Flights
• 2,400 Kaiser Mental Health Professionals Strike in California Over AI Concerns
• Penn. Seeks $2.6M Penalties From Utility Over Deadly Explosion at Chocolate Factory
• Jewelers Mutual Launches Digital Jewelry Insurance Program Powered by Sure
• Wisconsin Beauty Products Manufacturer Cited for Safety Violations
• Prysmian Eyes New Texas Copper Mill Amid Data Center Boom
• Florida OIR Summit Includes Cal Commissioner Lara, Sessions on AI, Compliance, Data
• McDonald’s Must Face Black Ex-Executives’ Claims of Harassment, Retaliation
• Massive 7-Ton Meteor Explodes Over Cleveland, Startling Residents
• Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?
• People Moves: Trade Names Krol as Chief Operating Officer
• People Moves: MEMIC Promotes Jarrard and Roberts; Khurana Joins Patriot Growth
• Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available
• CISA Asks Companies to Secure Microsoft Tool After Stryker Cyberattack
• Report: ‘One in A Million’ Live Fire Malfunction Rained Shrapnel on California Highway
• Iran Attacks Energy Sites, Defying Trump Calls for Restraint
• ‘Tag Man’ Charged With Title-Washing $3.8 Million in Stolen Luxury Autos
• India Offers Insurance Support as Small Exporters Face Cash-Flow Strain
• Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
• Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline
• EU Moves to Ban AI That Creates Nonconsensual Sexual Images
• Countries Propose Safe Corridor to Free 20,000 Seafarers Stranded in Gulf
• Vehicle Thefts Declined Nearly 25% Last Year: NICB
• EU Sanctions Chinese and Iranian Companies for Cyberattacks
• Tesla Is Sued by Survivor of Deadly Cybertruck Crash
• Update: Florida’s Home Hardening Plan Is Massive, Popular—and Flawed, Critics Say
• Arizona Cardiology Group Paying $4.75M Over Unnecessary Vein Procedure Allegations
• Does Workers’ Compensation Cover Employee Injured Performing a ‘Common Courtesy’?
• California Weighs Crackdown on Social Media for Kids Under 16
• Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality
• No Sprinklers in TN Explosives Plant Building Where Blast Killed 16, Investigators Say
• AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity
• Iran War Could Raise Exposures for Global Terrorism, Political Violence Underwriters
• People Moves: Clyde & Co Tabs Mortimer to Lead Indiana Office; Old Republic Announces Senior Management Changes at BITCO
• Amazon Delivery Service Company Settles Disability Discrimination Suit
• Corpus Christi Water Emergency Could Be Two Months Away
• Florida Contractor Charged With Avoiding $1M in Workers’ Comp Premiums
• Markets/Coverages: Marsh Risk Launches Facility for US Excess Casualty Capacity; CRC Specialty Enhances Insurisk to Meet Needs of Data Centers
• Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less
• Trump Again Vows to Block Wind Turbines During His Presidency
• US Home Insurance Prices Set to Keep Rising With Severe Weather
• Proscecutor Drops Charges Against Teen in Georgia Prank Gone Wrong
• Iran Warns Gulf Nations of Major Response After Gas Field Strike
• Rikers Island Corrections Officer Cops to Falsifying Workers’ Compensation Claims
• Greek Firms Scan Computer Systems as Iran War Raises Cyberattack Risks, Sources Say
• JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve
• Gulf Banks Face $307 Billion Deposit Flight Risk if War Worsens, S&P Says
• Iran War Cost Spike Straining Farmers Ahead of Midterm Elections
• SEC’s Top Cop Resigns After Just Six Months on the Job
• Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance
• Germany Seeks Doubling of AI Data Centers by 2030
• Hormuz Reopening Looks Unlikely Without a Ceasefire in Iran War
• Major Offshore Wind Farm Trump Tried to Halt Finishes Construction
• LA County Metro Buses Will Warn Against Workers’ Comp Fraud
• Patriot Growth Adds Morse Agency in Massachusetts
• People Moves: Alliant Private Client Hires Dantona as SVP
• Los Angeles, US West Brace for Second Bout of Record March Heat
• SEC Preparing to Scrap Quarterly Reporting Requirement, WSJ Reports
• TDI Names Tapp as Deputy Commissioner of Consumer Protection Division
• Illinois Commercial Bakery Cited for Worker Safety Violations
• Corpus Christi City Council to Address Looming Water Crisis
• DUAL North America Names Ashby CEO
• Howden Announces Leadership Changes for Regional Restructuring
• Facing Suit From Former Employer, Parrish Appointed Howden CEO, Americas
• Tennessee Minors Sue Musk’s AI System, Alleging it Generated Sexual Images of Them
• ‘Zombie’ Second Mortgages Spur New Battles in California, Maryland
• Tornadoes, High Winds Leave Damage Across Parts of the Southeast
• Woman Admits Stealing Checks From Builder and Maryland Automobile Insurance Fund
• IMO Chief Says Naval Escorts Won’t Guarantee Ship Safety Through Strait of Hormuz: FT
• Middle East War to Intensify Soaring European Corporate Distress
• Hormuz Escape Route Suggests Ships Navigate on Iran’s Terms
• Chicago Area’s $19 Billion Tax Bill Fuels Fight for Assessor Job
• Shipping Insurance Costs to Cross Hormuz Soar After Vessel Attacks
• Amazon Unit Withdraws From Drone Trade Group, Raises Safety Concerns
• Iran-Linked Hackers Take Aim at US, Other Targets, Raising Risk of Cyberattacks
• People Moves: HW Kaufman Group Names Hattaway President of RB Jones; Rokstone Hires QBE North America Casualty Leader Lill
• AI Hyperscalers’ Shadow Borrowing Bolsters Private Credit Risks
• Florida Brownfield Development Bill Raising Concerns About Coverage, Litigation
• AM Best Revises Outlooks to Stable for Amica Group
• Insurer Wants Its $3.5M Back Because City Delayed Reporting Claims for 5 Years
• Owners of Large California Tow Operation Charged in $6M Workers’ Comp Fraud Scheme
• New Jersey Secures Win in Long-Running Case Over PDX’s Worker Misclassification
• Bank of America Agrees to Settle Claims It Aided Epstein
• Even Low-Risk Homes Are Caught Up in California’s Climate Insurance Crisis
• Former Farmers Agent Sued by Insurer Over Sharing Confidential Data
• After Milton’s Damage to Stadium, St. Pete Votes to Raise Coverage to $50M
• People Moves: TMK Appoints Glover From AIG as Aviation Underwriter
• US $20B Reinsurance Plan Unlikely to Restart Gulf Shipping Without Liability Cover
• Encyclopedia Britannica Sues OpenAI Over AI Training
• Judge Sides With Florida Citizens in Another Win for DOAH Arbitration Plan
• US Data Center Boom Slows Due to Power Grid Limits, Consultancy Says
• US Charges Man Accused of Selling Gun to Old Dominion University Shooter
• TPG Launches Third Wave Brokerage, Which Acquires Palmer & Cay in Atlanta
• Starbucks May Be Neglecting Labor Dispute Risks, Shareholder Proxy Firms Warn
• AIG, McGill Announce Collaboration to Potentially Transform Subscription Market
• Iran War Should Trigger Faster Exit From Fossil Fuel Dependence: UN Climate Chief
• SiriusPoint Restructures Business, Now Operating Through Four Business Areas
• A Backlash Against Data Centers Is Spilling Into French Municipal Election Races
• Why Is it so Easy for Iran to Shut the Strait of Hormuz?
• Iowa Enacts Law Banning Local Gender Identity Protections
• After a Decade of Missteps, Corpus Christi Careens Toward Water Catastrophe
• Lyft Settlement Ensures Rights of Disabled Passengers With Service Animals
• Wild Weather Halts Flights, Dumps Snow and Knocks Out Power
• US Judge Orders Funding of Consumer Watchdog Agency to Continue
• EPA Moves to Weaken Pollution Limits on Ethylene Oxide
• Busiest US Seaport Largely Insulated From Iran War Disruptions, Exec Director Says
• AM Best Revises Outlooks to Stable for Farmers Mutual Fire
• Uber And Motional Launch Commercial Robotaxi Service in Las Vegas
• Repairs Completed on Ruptured Pipe That Leaked Sewage Into Potomac River
• Stryker Attack Mirrors Tactics Used in Iran‑Aligned Hacks
• ‘Nation’s First’ Smoke Damage Standards Bill Wending Through California Legislature
• Insurers Under Allstate Group File Louisiana Rate Decreases for Personal Auto
• Estee Lauder Companies Sues Perfumer Jo Malone, Zara UK for Using Malone Name
• Nine Claims Trends to Watch Through the Rest of 2026
• Kentucky Launches $5 Million Roof Grant Program
• Judge Weighs If Penn Must Produce Jewish Employees’ Records for Antisemitism Probe
• Only 3 in 10 Americans Review Insurance Annually, Says Big I Survey
• Delivery Service Company Faces Allegations of Pregnancy Discrimination in Louisiana
• Markets/Coverages: Coalition Provides Expended Cyber Protection in Canada
• Iran’s New Supreme Leader Vows to Keep Hormuz Shut, Netanyahu Issues Threat
• Satellite Firm ICEYE Targets €1 Billion Revenue Next Year
• Canadian Telecom Telus Says It’s Investigating Cyber Breach
• Top Africa Insurer Sanlam Flags ‘Massive’ Risks From Iran War
• AM Best Upgrades Credit Ratings for Members of CapSpecialty
• Prices for New Cars Have Soared. Here’s One Big Reason Why
• People Moves: Anders Joins Alliant Insurance Services’ Employee Benefits Group
• Former Michigan Linebackers Coach Sues University Over Firing
• Suspect Killed After Ramming Vehicle Into Michigan Synagogue
• US Commodity Regulator Kicks Off Rulemaking for Prediction Markets
• Syngenta to Cease Global Production of Toxic Herbicide
• P/C Statutory Results: The Highs and The Lows
• Planet-Warming El Niño to Form by September, US Forecasters Say
• Neptune Flood Launches App in ChatGPT to Get Preliminary Flood Insurance Quotes
• People: Housse Heads Facultative for Gallagher; Coggiola to SC Work Comp Board
• Retailers Casualty Offers $1M in Dividends to Safe Employers
• Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods
• 40 Cars Recovered in Takedown of Million Dollar Stolen Vehicle Sales Operation
• AM Best Revises Outlooks to Positive for Plymouth Rock Assurance Group
• Viatris Settles Lawsuit Over Use of Maryland Woman’s Cells in Drug Research
• Muni Bonds in California Get Expensive Amid Flurry of Demand
• Appeals Court Overturns $481M Award to Columbia University Over Software Claim
• People Moves: MEMIC Group Names Keck as East Vice President
• People Moves: Surplus Lines Association of Washington Elects Board of Directors
• Tornadoes Level Homes in Illinois and Indiana
• Iran Has Likely Begun Laying Mines in Hormuz, UK Minister Says
• Lilly Flags Safety Risk in Compounded Zepbound Mixed With Vitamin B12
• NC Insurance Agent Posts Statement After Arrest on Embezzlement Charges

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