National News for December 2024
- IJ Q&A: Fortegra on the Growth Path for MGAs
- Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO
- Young Supercar Collectors Aren’t Afraid to Risk Their Investments
- AI Is Writing Performance Reviews. What Could Go Wrong?
- PwC: Insurance Execs Say Agentic AI Leading Industry Transformation
- NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown
- NAMIC Voices Support for FEMA Reform Bill
- Business Moves: Trucordia Acquires 5 Local Agencies in 4 States
- Founders Fund Backs Startup Bringing AI to Plumbers and Roofers
- Chubb Launches AI-Powered Embedded Insurance Engine in ‘Chubb Studio’
- Watchdog Group Demands OpenAI Withdraw AI Video App Sora Over Deepfakes
- China Accuses US of Orchestrating $13 Billion Bitcoin Hack
- Amazon Sued Over ‘Punitive’ Handling of Employee Absences
- Waymo Launches Driverless Robotaxis on Freeways in First for US
- Some States Require Public Schools to Teach Kids About Gun Safety
- 70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report
- Google Accused in Suit of Using Gemini AI Tool to Snoop on Users
- Consumer Bureau to Narrow ‘Disparate Impact’ in Civil Rights Lending Law: Sources
- United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’
- Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares
- MIT Grad Brothers Fraud Jury Unable to Reach a Verdict
- GoDaddy Hit With $170M Patent Verdict Over Web-Design Tech
- Bipartisan Legislation Introduced to Retroactively Restore NFIP
- Flight Delays, Cancellations Accelerate as Air Traffic Controller Shortages Surge
- US Justice Department Probes Meatpackers, Attorney General Says
- What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
- Register: Risky Future AI Tools for MGAs ‘Demo Day’ on Nov. 12
- Onex CEO Sees Potential for More Insurance Deals After AIG Win
- People Moves: MMA Appoints Balentine as President of National Business Insurance
- Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth
- Boeing Avoids US Criminal Charge in 737 Max Jet Crash Case
- Consumers Are the Front Line in Fighting Insurance Fraud
- Root Inc. Reports Strong Growth Despite Q3 Loss
- FAA to Detail Flight Cut Plan at Major Airports on Friday
- Allstate More Than Triples Q3 Net Income to $3.7 Billion
- People Moves: Acrisure Appoints Radelet Chief Corporate Affairs Officer; Carbon Hires Bright to Lead US Underwriting
- Deaths and Illnesses Reported in Listeria Outbreak Tied to Recalled Pasta Meals
- MMA Sues Former Specialty Marine Head Over Move to Howden US
- Lemonade Books Q3 Net Loss of $37.5 Million
- Tariff-Paying Firms Line Up in Court to Get Paid If Trump Loses
- Insurtech Hippo Reverses Q3 Loss During ‘Breakout Quarter’
- Forrester: Cyber Insurance Will Grow by 15% in 2026
- Amazon Sues Perplexity Over ‘Agentic’ Shopping Tool
- Top FDA Drug Regulator Leaves, Agency Cites Personal Conduct
- AIG General Insurance Underwriting Income Up 81% in Q3
- Chubb Group Vice Chair Lupica to Retire at 2025 End
- Tariff-Linked Class Action Suits to Boost D&O Insurance Demand
- US Prosecutors Say Cybersecurity Pros Ran Ransomware Operation
- Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US
- People Moves: Ryan Appointed CMO of Howden US; McCrosson Joins AXA XL Reinsurance as Sr. Underwriter, US Property Treaty
- CNA Net Income for Q3 Up 42% on Lower Catastrophe Losses
- US Sees Air Safety Risks as Government Shutdown Hurts Flying
- NAIC Announces Johnston Interim CEO as Anderson Departs
- Hackers and Crime Rings Are Teaming Up to Steal Cargo, Cyber Firm Says
- People Moves: H.W. Kaufman Group Promotes 16 Across Executive and North American Teams; Howden US Names Dallal EVP, Financial Lines
- A Toy Maker Takes His Case Against Trump’s Tariffs to the Supreme Court
- Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar
- 6 in 10 Construction Workers Report Anxiety, Depression in Past Year
- PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion
- Aon’s Q3 Organic Growth of 7% Outperforms Expectations
- Deal for Nuclear Reactors Raises Safety Concerns
- Don’t Forget the Front Line: Why Insurers Need to Research the Agent Experience
- People Moves: Tiesi Joins Canopius as US Head of Financial Lines
- Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets
- Universal Music Settles Lawsuit With AI Startup Udio
- Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
- The Hanover Reports 75% Growth in Q3 Net Income
- AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group
- GEICO, Daimler Launch Connected Insurance Program for Truck Fleets
- Microsoft Azure’s Services Restored After Global Outage
- OpenAI Sued for Trademark Infringement Over Sora’s ‘Cameo’ Feature
- Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets
- FIO: Insurer Litigation Expenses Dipped Slightly Between 2023 and 2024
- Verisk Misses Quarterly Revenue Estimates, Trims 2025 Revenue Forecast
- US Appeals Court Revives $2.5 Billion Opioid Lawsuit in West Virginia
- People Moves: Tassone Jr. Promoted to AM Specialty CEO; Canopius Names Leftwich US Head of Strategy; FM Hires Erbig as CFO
- Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24
- Mondelez Defeats Greenwashing Lawsuit Over ‘Climate Neutral’ Clif Bar Claim
- ‘Catastrophic’ Hack Underscores Public Defender Security Gaps
- Federal Judge Decertifies Apple App Store Class Action
- Brown & Brown Reports Strong Q3 Revenue Growth of 35.4%
- The Hartford Q3 Net Income Up 41%
- J&J Talc Cancer Suits Rise 17% After Failed Settlement Push
- Wright Flood’s Buy of Poulton Associates to Create Largest Flood Insurance Provider
- PepsiCo Resolves Lawsuit Over Gatorade Health Bar Claims
- AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B
- NHTSA to Expand Probe Into 286,000 GM Vehicles Over Possible Engine Failure
- Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations
- JPMorgan Chase Fights Paying $115M Legal Tab for Convicted Fraudsters
- CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M
- Hacking Lab Boss Charged With Seeking to Sell Secrets
- Consumers Seek $2.36B From Google After Privacy Verdict
- Bishop Street Underwriters Launches MGA Incubator
- Rivian Agrees to Pay $250 Million to Settle IPO Fraud Lawsuit
- People Moves: CRC Group Names New Team Members in Specialty Division; Howden US Appoints Hanback EVP
- Growth Momentum Continues for Program Business: TMPAA
- Trucking App Trucker Path Launches Retail Insurance Agency
- Conservative Activist Sues Google Over AI-Generated Statements
- Disaster Relief Fund Hits Critical Low as Shutdown Endures
- Industry Groups Applaud Bill to Treat Forests, Mitigate Wildfire Risk
- Viewpoint: Insurance and AI – A Double-Edged Sword
- Markets/Coverages: Verisk Offers Insurers a Standardized Pet Insurance Program
- Reddit Sues Perplexity, Others Over Alleged Data Scraping
- Rotting Apple: Berkley Explains Property Market, Company Appetite
- Grounded Paychecks: 60,000 Air Safety Workers Tighten Belts as US Shutdown Drags
- US Saw Record $101 Billion in Weather Losses Through June
- AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
- People Moves: Novatae Risk Group Names Jenkins COO
- Best Agency to Work For – Overall Winner: Robertson Ryan Insurance
- Amazon Cloud Reputation Takes Hit After Outage
- Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3
- State Officials Say New Rules, Delays for FEMA Grants Put Disaster Response at Risk
- Amazon Says All Cloud Services Restored After 15-Hour Outage
- Insurance Agency M&A Picks Up in Q3 but Down for the Year: OPTIS
- ‘Massive Legal Siege’ Against Social Media Companies Looms
- Shutdown Stalemate Brings IPO Holdouts Off the Sidelines
- WR Berkley Q3 Net Income Up Near 40%
- NHTSA Investigates Waymo Robotaxis Over Safety Around School Buses
- Progressive Records $2.6B in Q3 Income After Refunds for Excess Profits in Florida
- Inflation, Supply Chains, Tariffs: Trends Impacting Business Insurance and Claims
- People Moves: Borys to Lead Howden US Financial Lines; Everest Appoints Vidovich General Counsel
- Amazon’s AWS Struggles to Recover After Major Outage Disrupts Apps, Services
- G20 Risk Watchdog Warns of ‘Significant Gaps’ in Global Crypto Rules
- Hackers Had Been Lurking in Cyber Firm F5 Systems Since 2023
- Chamber of Commerce Sues Over Trump’s $100,000 H-1B Visa Fee
- An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle
- Markets/Coverages: Resilience Expands Tech E&O Coverage for Clients Above $25M
- Can a More Unified Front Be Formed Against Legal System Abuse?
- People Moves: Howden US Appoints Clark to Lead Private Risk Solutions; Krupowicz Named Head of Operations
- Gaps in Awareness of HO Coverage Provides Opportunity for Agents: Survey
- NAMIC to Federal Lawmakers: Do Your Job on Flood Insurance Program
- Natural Disaster Claims in 2025 to Again Top $100B Despite ‘Abnormally Low’ Q3 Events
- Travelers Q3 Net Income Soars 50% on Lower Catastrophe Losses
- Workers’ Compensation Medical Claims Costs Rising Across Most States: WCRI
- ‘Catastrophic’ Hacks Warning Follows Intrusion of Cyber Firm F5
- Ransomware Ensnares $4.3 Trillion Muni Market’s Key Site
- All Commercial Insurance Lines Except One in ‘Soft-Market Territory’: WTW
- Volvo, State Farm Partner on Point-of-Sale Auto Insurance
- SIAA Launches New Data Driven AI Tool to Boost Agency, Carrier Growth
- US Sanctions Online Scammers Who Stole Billions From Victims
- People Moves: Chamberlain to Lead Nationwide’s Small Commercial Operations; Duck Creek Gains New CEO in Former PowerSchool CEO Gulati
- Government Shutdown Threatens US Home Sales in Flood-Prone Areas: Report
- Agents Struggle to Find Capacity, Meet Customer Timing Expectations: Survey
- Viewpoint: Can Parametric Insurance Bridge the FEMA Gap?
- Look Out, Uber. The Future Looks a Lot More Like Waymo.
- Marsh McLennan and Businesses to Unify Under ‘Marsh’ Brand; New Unit Created
- Apple Sued Over Use of Copyrighted Books to Train Apple Intelligence
- AI’s Growth Leaves Financial Regulators Struggling to Catch Up
- Samsung Hit With $445.5M Jury Verdict Over Wireless Communications Patents
- Bold Penguin Acquires SquareRisk to Expand Specialty, E&S Access
- US Probes Driver Assistance Software in 2.9 Million Tesla Vehicles Over Traffic Violations
- Ex-Fed Official Sees Secular ‘Shocks’ Ahead From Extreme Weather
- La Niña’s Back, but Will It Amp Up Hurricane Season?
- People Moves: Boxx Hires Leads for Distribution, Claims and Tech; XPT Specialty Hires Staver, Luceno to Personal Lines Team
- Survey Shows Homeowners Warming to DIY Digital Claims, Insurance Processes
- High Demand for Gen AI Insurance; Buyers Say They’ll Pay More: Report
- Microsoft Forecasts Show Data Center Crunch Persisting Into 2026
- APCIA Chair Robusto: Industry Must Fight False Narratives, Improve Public Trust
- FurtherAI Raises $25M to Alleviate Insurance Industry’s ‘Busywork’ Burden
- CyberCube Gains a New $180M Investor in Spectrum Equity
- World Is Far More Ablaze Now With Damaging Fires Than in 1980s: Study
- People Moves: GEICO Names Orpello CMO; O’Donnell Head of Logistics at Howden US
- Musk’s X Settles Ex-Twitter Executives’ $128 Million Severance Pay Lawsuit
- Survey: Employer, Employee Views Differ on Workplace Safety
- Acrisure to Lay Off 400 Employees, Citing Tech Advancements and AI Integration
- Toyota Recalls Nearly 400,000 Vehicles Due to Malfunctioning Rearview Camera
- OpenAI, Anthropic Eye Using Investor Funds to Settle AI Copyright Lawsuits, FT Reports
- Responsible AI Deployment Linked to Better Business Outcomes: EY
- Chobani Urges End to Dannon Parent’s Cold-Brew Coffee Lawsuit
- AI-Power Boom to Drive $1.1 Trillion in US Utility Grid Spending
- Workers’ Compensation Continues to Lead P/C Industry With Strong Profits
- Will Airport Runway Close Calls Spur Wider Adoption of Cockpit Alert Technology?
- Charlie Javice Duped JPMorgan Out of $175 Million. Bank Is Picking Up Her Legal Tab
- US Supreme Court Allows Order Forcing Google to Make App Store Reform
- People Moves: Keebler, Justice Join CFC’s New US-Based Cyber Development Team
- US Tariffs on Heavy Truck Imports to Begin Nov. 1, Says Trump
- Viewpoint: How Transactional Risk Insurance Became Essential for M&A Certainty
- Honeywell Offloads Inherited Asbestos Liabilities
- Supreme Court Rejects Bid to Sue Meta Over Church Shooting
- With Capital Aplenty and Power of AI, Commercial Lines Promises Opportunity: Willis
- Hedge Funds Targeting Fire Insurance Hit a Wall in California
- Activision Officials Must Face Claims Over Microsoft Takeover, Judge Rules
- Cyber Group Extorts Executives After Claiming Oracle Apps Breach
- Fears of Massive Battery Fires Spark Local Opposition to Energy Storage Projects
- AIG Promotes 3 to Lead North America Commercial as Bailey Retires
- OpenAI Says Musk’s xAI Filed Secrets Suit to ‘Bully’ Ex-Workers
- White Mountains Insurance to Sell Unit to CVC in $1.75 Billion Deal
- Net-Zero Banking Alliance Folds After Mass Exodus by Members
- Viewpoint: Avoid Data Indigestion With Harmonization
- Brown & Brown Announces Roles Related to Risk Strategies Integration
- EPA Wants to Roll Back Super Pollutant Rules
- Tyson Foods to Pay $85 Million in Largest Pork Price-Fixing Settlement
- Allstate Promotes Rizzo to COO, Merten to President of Property-Liability
- Viewpoint: Gen AI Offers a New Frontier in Claims Modernization
- People Moves: Howden US Hires Murphy to Build Casualty; Hippo Appoints Gordon Chief Data Officer; Verisk Names Khemka President of Underwriting Solutions
- Uber Found Not Liable in First Trial Over Driver Sexual Assault Claims
- Icen Risk Brings M&A Insurance Products to US With $50M Capacity From Zurich
- Cyber Tops List of Business Risks With Geopolitical Volatility Surging Into Top 10: Aon
- US Government Shutdown Curtails Key Weather and Climate Programs
- NLRB Withdraws Claims That Apple CEO Violated Workers’ Rights
- For Global M&A, Third Quarter Was One of the Best–and Worst–in Recent History
- FEMA, Customs and Border Protection Staff Data Stolen in Breach
- Insurance Industry, Others Press Congress to Act on NFIP at Deadline
- Lengthy Government Shutdown to Impact Insurers, Says AM Best
- People Moves: QBE North America Appoints Cunningham Environmental Underwriting Leader; Gramling Joins Alliant as SVP, Employee Benefits
- Hackers Hit Hundreds of Cisco Firewalls in US Government
- House Bill Aims to Combat Forum Shopping in Trucking Industry Lawsuits
- Lawmakers Press FEMA on the Future of US Flood Insurance
- People Moves: Palomba Joins Howden US as Deputy Head of Natural Resources
- Trump Says US to Impose 100% Tariff on Movies Made Outside the Country
- Perelman Loses Bid for $400 Million for Less ‘Vibrant’ Art
- OpenAI to Bring Parental Controls in ChatGPT After Teen’s Suicide
- Judge Rules Feds Can’t Withhold Disaster Relief Until States Cooperate on Immigration
- Boeing to Pay $50,000 Over Suicide of Quality Inspector
- Korean Insurer DB to Buy Fortegra for $1.65 Billion in US Foray
- Attorneys Urge Court Overseeing Tylenol Autism Lawsuits to Reconsider
- Judge Preliminarily Approves $1.5B Anthropic Copyright Settlement
- Newman Named CEO of ACORD Solutions Group
- Robbery, Grow Lights and Lounges Among Top Cannabis Industry Risks
- People Moves: MSIG Holdings USA Names Sullivan Board Chair; Chubb Promotes Gaspero to Oversee Excess Casualty Major Accounts
- Amazon, FTC Reach $2.5 Billion Deal in Prime Subscription Case
- Specialty Program Group Consolidates 5 Brands Under SPG Wholesale
- Atlantic Hurricane Season Awakens After Sleepy Start
- ‘Most Prevalent’ Chinese Hacking Group Targets Tech, Law Firms
- Markets/Coverages: Ryan’s Clach Casualty Targets Complex Construction, Habitational
- Update: National Flood Insurance Program Expires
- US Intends to Cancel $13 Billion in Funds for Green Energy
- People Moves: Howden US Appoints Peterson to Lead Construction, Infrastructure and Surety; Sokol Named Head of Excess Casualty for ICW Specialty
- Viewpoint: The New Era of Insurance Pricing Involves Precision, Speed, and Control
- Viewpoint: Enhancing Digital Claims With Behavioral Science
- Travelers: Confidence High in Guidance From Cyber Insurers; Work to Do on Take-Up
- People Moves: XS Brokers Promotes Wirkus to CEO, McVicker President
- New Visa Fees Spur Offshoring Talks, Hiring Turmoil
- Reviving RadioShack Online Turned Into Ponzi Scheme, SEC Claims
- Parents Slam OpenAI, Character.AI Over Safety in Senate Hearing
- [Video] In Construction, Labor Shortages Now Compounded by Tariff Concerns
- Trump Warns Against Tylenol in Pregnancy Over Unproven Autism Fears
- Murdoch Calls Trump’s Epstein Suit ‘Affront’ to Free Speech
- Neptune Insurance Eyes $2.8B Valuation: IPO
- Hershey Wins Lawsuit Claiming Reese’s Candies Aren’t Spooky
- AM Best: Commercial Auto Liability Drags Down Segment and it Could Get Worse
- Stellantis Detects Breach at Third-Party Provider for North American Customers
- Wildfire Smoke Set to Cause Mounting Deaths and Economic Losses
- FTC Says Live Nation, Ticketmaster Joined With Ticket Brokers to Exploit Fans
- Starbucks Workers Sue Over Company’s New Dress Code
- Judge Throws Out Trump’s $15B Lawsuit Against New York Times
- NHTSA Delays New Car Rating Updates for One Year at Industry Request
- SEC Chair Says Markets Can Decide ‘Cadence’ of Company Reports
- Businesses Underinvesting in Climate Adaptation Despite Intensifying Hazards: Marsh
- People Moves: HDI Global USA Appoints Griffin to Lead Casualty Business
- [Video] Commercial Auto Insurers Wait on Impact of Litigation Reforms
- Viewpoint: Rampant Fraud in Staged Accidents
- Department of Energy Launches Effort to Speed Power Grid Projects for AI
- UK Teenager Charged by US for Role in Yearslong Hack Spree
- OpenAI Fixed ChatGPT Security Flaw That Put Gmail Data at Risk
- Beacon Hill Associates Rebrands to SPG Environmental
- Where Are the Hurricanes This Season as the Atlantic Remains Quiet?
- NICB: Vehicle Thefts in First Half 2025 Down 23% From Last Year
- Apollo Seeks $10 Billion From Insurers With Complex Debt Vehicle
- People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer
- Update: SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits
- SEC Poised to Review IPO Bar on Mandatory Shareholder Arbitration
- Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop
- JD Power: Customers Look to Alternatives as Home Insurance Premiums Rise
- People Moves: AmTrust Names Fletcher and Thomas to Lead New E&S Premier Group; The Fidelis Partnership Makes Leadership Promotions
- Tesla Settles Another Fatal Crash Lawsuit Ahead of Jury Trial
- Microsoft Seizes 340 Websites Linked to Growing Phishing Subscription Service
- Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia
- NHTSA Opens Probe Into 174,000 Tesla Model Y Cars Over Door Handle Failures
- SEC ‘Prioritizing’ Trump’s Push to Cull Quarterly Reporting
- Trump Sues The New York Times for Defamation and Libel, Seeks $15 Billion
- Viewpoint: Can Global Reinsurers Stay on Track Through 2026?
- VW Brown Owner Ripley Takes Over as Chair of Big ‘I’
- AmTrust Expands E&S Division, Spins Off Some MGAs With Blackstone
- US Political Violence Surges to Record, Bloomberg Analysis Shows
- Reuters: AI Chatbots Were Happy to Help Craft a Phishing Scam
- Rolling Stone, Billboard Owner Penske Sues Google Over AI Overviews
- Boeing Faces $3.1 Million in Fines for Safety Violations
- US Appeals Court Hits Pause on Challenges to SEC Climate Rule
- Meta, OpenAI Face FTC Inquiry on Chatbot Impact on Kids
- Fitch Ratings: U.S. E&S Growth Slows but Remains Strong
- Hurricane Forecasts Are Missing the Mark as the Atlantic Stays Calm — So Far
- 75% of Buyers Are Concerned About Rising Homeowners Insurance Costs: Survey
- Uber Sued by DOJ Over Passenger Disability Discrimination
- 7 Years of Double-Digit Growth; New Players on Top 25 E&S Insurers List
- US Treasury-Led Watchdog Dismantles Climate Advisory Panels
- Senator Pushes FTC to Investigate Microsoft for ‘Gross Cybersecurity Negligence’
- AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B
- Viewpoint: Rethinking Basis Risk in Structured Insurance Solutions
- Fleet Operators Want More From Their Insurers: Survey
- Disaster Survivors Wait Longer to Get Federal Aid, Says AP
- Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry
- US Senator Cruz Proposes AI ‘Sandbox’ to Ease Regulations on Tech Companies
- US Commercial Lines Prices Increase 3.8%, Falling From Up 6% in Previous Quarters
- Report: Ransomware Attackers ‘More Systematic,’ Claims Become Costlier
- Chinese Hackers Impersonated Republican Lawmaker, Panel Says
- Ford Recalls 1.9 Million Vehicles Over Faulty Rear-View Camera
- US Electric Car Uptake Will Slow Further on Trump Policies
- Former WhatsApp Employee Says Bosses Ignored Cybersecurity Flaws
- Exclusive: Applied Systems Acquires AI-Enabled Risk Digitalization Firm Cytora
National News Archives
