Recent Insurance Industry News

Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

• USDA Finds Safety Issues at Top Research Site After Whistleblower Complaints

• Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024

• Why Are Test Dummies Modeled After Men if Women Face More Injury in Car Crashes?

• Zurich, Cowbell Collaborate to Offer D&O, EPL, Crime, and Fiduciary to SMEs

• US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings

Vessels Near Strait of Hormuz Transmit Unusual Messages to Prevent Attacks

• BHP Faces UK Contempt Charge for Funding Case Over Brazil Dam Collapse

• Global Financial Crime Watchdog Calls for Action on Crypto Risks

• China Bans Uncertified and Recalled Power Banks on Planes

• Markets/Coverages: Marsh Launches European Cyber Facility for Mid-Sized Enterprises

• People Moves: MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter; Allianz Commercial Promotes Simons as Global Head of MidCorp Underwriting

Willful Misconduct Alone Not Enough to Deny Workers’ Compensation

• World Insurance Acquires Maine’s Healey Associates

• Former Lawmaker Lindsay Launches New York Insurance Agency

• MIT Sued by Student, Instructor Claiming Campus Antisemitism

• Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam

• Tesla Sued Over Model S Crash That Killed Three in New Jersey

Michigan Paper Manufacturer Agrees to $300K Settlement Over PFAS Contamination

• Search Ends for 1950 Lake Michigan Plane Crash That Killed 58 People

• Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance

• Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud

• Telemarketing Firm to Pay $85K Over Discrimination at Ohio Location

• First Financial to Acquire Westfield Bancorp From Ohio Farmers

NTSB Blames Delayed Response for 2023 Oil Spill off Coast of Louisiana

• Louisiana Is Latest State to Redefine Natural Gas as Green Energy Under New Law

• Inszone Acquires Texas’ Osterts and Associates

• SpaceX Polluted Border Area, Mexican President Sheinbaum Says

• Texas THC Industry Welcomes More Regulations With Ban Off the Table

• Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware

GE Moves Washing Machine Production from China to Kentucky with $490M Invest

• Fire in the SE Sky May be Linked to Home Damage in Georgia

• NC Bill Ending Course Requirements for Agent Licenses on Way to Governor

• People Moves: Liberty Company Adds Producer in Jacksonville Area

• Flash Flooding Again Hits West Virginia Areas Trying to Clean Up from Deluge

• Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model

California Workers’ Comp Independent Medical Reviews Trending up, Report Shows

• Oregon Legislature Repeals Contested Wildfire Hazard Map

• Judge Says California FAIR Plan Violates Law; Industry Fights Consumer Group Suit

• USC Basketball Star Alijah Arenas Recounts Tesla Cybertruck Crash

• Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application

• HEMIC to Act as a Servicing Facility for Hawaii Hurricane Relief Fund