National News for December 2024
- Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO
- Ford Recalls Over 694,000 SUVs After Year-Long Fuel Leak Probe
- Former AIG Exec McElroy Faces Sexual Assault Charges in Vermont
- NHTSA Shedding More Than 25% of Employees
- Cybersecurity Bosses Grow Increasingly Worried About AI Attacks and Misuse
- Allstate Expects Another $2B Catastrophe Losses in Q2
- Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
- Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
- Insurance Supervisors’ Group Seeks Collaboration to Cover Disaster Losses
- Trump Administration Sued by States for Cutting Disaster Prevention Grants
- Meta Investors, Zuckerberg Reach Settlement to End $8B Privacy Litigation Trial
- PE Firm Warburg Pincus Acquires Majority Stake in Keystone Agency Partners
- Progressive Q2 Income More Than Doubles
- The Hartford Promotes Chhabra to Chief Risk Officer
- Former Lloyd’s CEO Neal to Lead General Insurance as President at AIG
- First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events
- US Farm Agency Ends Program to Support Small Businesses
- New Book Proposes Four-Prong Legal Strategy to Negate Nuclear Verdicts
- Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization
- Diageo Calls Tequila Purity Allegation ‘Baseless’ as Lawsuit Proceeds
- Antitrust Enforcers ‘Get Out of the Way’ of Multibillion-Dollar Deals
- Commerce Department Launches Investigation of Drones, Setting Stage for Tariffs
- Trump Set to Outline AI Priorities in Speech Asserting US Edge
- Insured Losses From US Hurricanes Could Rise by 50% With Global Warming
- People Moves: WTW Appoints Lockner Strategic Client Advisor to AAIS; WTW Names Thibault ICT Director
- Many Ice Cream Producers to Phase Out Artificial Food Dyes by 2028
- US Vehicle Recalls Reach Highest Level in Over a Year
- NHTSA Opens Recall Query Into Over 27,000 Polestar 2 Vehicles
- Nursing Homes Struggle With Trump’s Immigration Crackdown
- Meta Investors, Zuckerberg Square Off at $8B Trial Over Alleged Privacy Violations
- GOP Lawmakers Press Trump to Speed Review of Chinese-Made Drones
- FEMA Flood Maps Often Miss Flash Flood Risks, Leaving Homeowners Unprepared
- Report Shows Excessive Heat Pushes Worker Injury Risk Sky High
- T-Mobile Ending DEI Programs as it Seeks FCC Approval for 2 Deals
- Microsoft Outlook Users Experience Hourslong Outage Impacting Email
- How Carriers Can Win More Retail Broker Biz: Report
- US Faces More Extreme Weather Events, but Is Society Doing Enough?
- CSU Hurricane Season Forecast Adjusted to ‘Slightly’ Above Normal
- People Moves: Arch Insurance NA Promotes 5 to Division Presidents
- Delaware Top Court Sides With Zantac Makers in Cancer Claims
- What Flood Insurance Does and Does Not Cover
- US Sanctions Target North Korean Fake-Tech-Worker Scheme
- US Chamber Report Examines Copyright Value and Piracy Harms
- Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025
- Northeast Cities Ranked Riskiest in National Allstate Driving Report
- Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs
- US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
- MGAs by the Numbers: Fronting Biz, Nonaffiliated MGAs Drive Growth
- Insurtech Inshur Raises $35 Million From Trinity Capital for US Expansion, AI Tech
- Viewpoint: Rising False Advertising Claims Reveal Major Coverage Protection Gap
- Impostor Uses AI to Impersonate Rubio, Contact Foreign and US Officials
- People Moves: WTW Hires Kharkavets as North America Head of ICT Claims
- White Mountains Buys Majority Ownership of Distinguished Programs for $230M
- SEC, SolarWinds Reach Settlement to End Lawsuit Related to 2020 Breach
- Ram Pickup Recalls Investigated After Seven Injuries Reported
- US Warns of Blackout Risk From Killing Coal as Trump Snubs Renewables
- Erie Insurance Restores All Operations After Month Outage; Says No Data Breached
- Tax Increase on Litigation Funders Does Not Make Final Budget Bill
- A Look at Some of the Deadliest Floods in the US in the Last 25 Years
- MarketScout: Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8%
- Marsh Suit Against Alliant Alleges Poaching of Commercial Surety Team, Accounts
- Big I Celebrates Continued Tax Deduction for Many Independent Agents
- Lululemon Gets Aggressive About Lookalikes With Costco Lawsuit
- A Majority of Companies Are Already Feeling the Climate Heat
- Aon’s Albert G. Ruben Joins Relation Insurance
- Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers
- Trump Asks SCOTUS to Allow Removal of Consumer Product Safety Commissioners
- People Moves: Liberty GTS Names Weiss Head of Americas; Arch Insurance NA Taps Kaufmann for US Marine Business; Costa to Lead Aspen Investor Relations
- Insurers Race to the Starting Line in the Dawn of the AI Decision Era
- Kraft Heinz Recalls Oscar Mayer Turkey Bacon Over Listeria Risk
- US Probes Ex-Ransom Negotiator Accused of Scheming With Hackers
- NOAA Delays Cutoff of Key Satellite Data for Hurricane Forecasting
- Google Owes $314 Million for Misusing Android Cell Phone Data
- Nationwide Completes $1.25B Deal for Allstate’s Stop-Loss Segment
- Viewpoint: Broker’s Key Takeaways From kWh Analytics’ 2025 Solar Risk Report
- People Moves: Kaminski Returns to Zurich NA to Lead Direct Markets; Chubb Names Williams Private Equity Leader; Trucordia Names Khanna CIO
- General Mills Changing Nature Valley Labels After Lawsuit’s Herbicide Claim
- How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know
- DOGE Now Targeting SEC Policy, Eyes SPAC Rules, Sources Say
- Supreme Court Dealt Blows to EPA and Environmental Protections
- Truckers Fear Job Loss as New English Language Rules Take Effect
- Senate Strikes AI Regulation Ban From Trump Megabill
- Supreme Court Seeks Justice Department Views on Bayer’s Roundup Appeal
- Apple Loses Bid to Dismiss Justice Department Antitrust Suit
- Senate Debates Whether to Adopt Revised State AI Regulation Ban
- US Warns Iran-Tied Hackers Pose Ongoing Risk to American Firms
- Beazley Report: US Executives Misjudge Cyber Preparedness
- Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics
- As Hurricane Season Picks Up, Key Forecasting Tool Access Set to End
- Tech Firms Warn ‘Scattered Spider’ Hacks Are Targeting Aviation Sector
- GM Wins Victory as Appeals Court Decertifies Transmission Lawsuits
- Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024
- Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says
- Zurich, Cowbell Collaborate to Offer D&O, EPL, Crime, and Fiduciary to SMEs
- Why Are Test Dummies Modeled After Men if Women Face More Injury in Car Crashes?
- USDA Finds Safety Issues at Top Research Site After Whistleblower Complaints
- Viewpoint: Cyber Is a Product for Everyone, so Let’s Start Acting Like it
- Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States
- Meta Fends Off Authors’ Copyright Lawsuit Over AI
- Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB
- Microsoft Sued by Authors Over Use of Books in AI Training
- US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
- NHTSA Contacts Tesla on Robotaxi Issues Seen in Online Videos
- Markets/Coverages: Brit Launches Digital Flood Product for US Market
- College Team Physicians Wary of Greater Liability Risk With Athletes Making Money
- Viewpoint: When the Cloud Sneezes, the Digital Ecosystem Catches a Cold
- Anthropic Wins Key Ruling on AI Training in Authors’ Copyright Lawsuit
- Aflac Hit With Class Action Over Data Breach of Customer Info
- Coalition Re’s New Helios Platform Allows Cedants to Gain Real-Time Cyber Insights
- What to Watch: The Trends for P/C Insurance in 2025 So Far
- Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
- Ford Recalls Nearly 200,000 Mustang Mach Es Due to Faulty Door Latches
- Western Digital Convinces Judge to Throw Out $552.7M Patent Award
- Soaring Temperatures Stress US Grids
- US Braces for ‘Low-Level’ Cyberattacks by Iran After Airstrikes
- Aon Launches AI-Powered Aon Broker Copilot for Commercial Insurance
- Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers
- Billions of Login Credentials Leaked Online, Cybernews Researchers Say
- Walmart to Pay $10M to Settle FTC Lawsuit Over Money Transfer Fraud
- AT&T’s $177M Data Breach Settlement Wins US Court Approval
- Foundational, Leadership-Driven Education High Priority in Insurance
- Insurer Aflac Investigating Possible Data Breach
- Honda Recalls More Than 259,000 Cars in the US Due to Brake Pedal Issue
- FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of Schemes
- Krispy Kreme Starts Notifying Over 160,000 People Affected by Data Breach
- Plenty of Investor Interest in Insurance Despite Drop in Deal Volume, Says PwC
- People Moves: Aon Promotes Rieth to Global Cyber Leader
- Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses
- US Supreme Court Sets Test for Which Courts Can Hear EPA Cases
- Viasat Identified as Victim in Sweeping Phone Hack Tied to China
- People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO of North America P/C; Willis Appoints Fisher to Lead Law Firms
- Perelman at $410 Million Art Trial Says Fire Faded His Works
- Trucordia Closes Carlyle Investment, Refinances Debt
- Insurance Industry Rejects Proposed Moratorium on State AI Regulation
- US Homeowners Insurance Rates Rose 40.4% in Six Years, Report Shows
- Viewpoint: Navigating Strategic Capital Options for Insurance Brokerages
- ‘Abolishing FEMA’ Memo Outlines Ways for Trump to Scrap Agency
- People Moves: Markel Insurance Makes Leadership Changes to Simplify US Wholesale and Specialty Division
- US Spending on Climate Damage Nears $1 Trillion Per Year
- Effort to Close Litigation Funding Tax Loophole Added to Federal Budget Bill
- American Bar Association Sues to Block Trump’s Attacks on Law Firms
- Tariff ‘Stacking’ Adds Another Headache for US Importers
- Erie Insurance Facing 2 Class Actions Claiming Data Breach
- Trump Can’t End FEMA But It Needs Reform, Says Obama’s FEMA Head
- Purdue Pharma $7.4B Opioid Settlement Wins Broad Support From States
- Washington Post Probes Hack of Journalist Email Accounts
- AI Risks Voted Top Concern in Verisk’s Emerging Issues Bracket
- NHTSA Streamlining Self-Driving Car Exemption Reviews
- Premium Insurance Demand Rises With Global Travel Disruptions
- Carrier Management to Host ‘Demo Day’ for Homeowners Insurers June 18
- Federal Court Blocks CFPB Move to Scrap Racial Discrimination Settlement
- Rate Growth Slows, Moving Violations Increase: The Road Ahead for Auto
- People Moves: Big ‘I’ Names Connors ACT Executive Director; WTW Makes Senior Hires to Insurance Consulting and Technology Business
- Climate Group Says State Farm Rate Hike to Cost California Homeowners $1,000
- Viewpoint: Recalls and Claims Amid A Sea of Regulatory Change
- Auto Insurance Satisfaction Rankings: High Lifetime Value Customers Most at Risk
- Meta Sues Hong Kong Firm in Crackdown on Deepfake Nude Apps
- Customers Find Orders Blocked, Shelves Empty With Retail Cyberattacks on the Rise
- Dozens of States Sue 23andMe to Block Sale of Personal Genetic Data
- Long-Term Thinking and Scale Keys to Travelers Success: CEO Schnitzer
- The Trump Administration Keeps Denying Disaster Preparedness Aid to States
- Trump Says FEMA Phaseout to Begin After Hurricane Season
- Disney, Universal Sue AI Image Creator Midjourney for Copyright Infringement
- Class Action: Drivers Sour on Lemonade for Exposing License Numbers
- People Moves: Verisk Promotes White and Gregory; Alliant Hires Paul to Lead New Transportation Vertical
- Trump Tariffs May Remain in Effect While Appeals Proceed, US Appeals Court Rules
- Whole Foods Supplier Hack Leaves Empty Shelves, Stalls Forklifts
- Ategrity Specialty Seeks $113.3 Million in IPO
- US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS
- Millions of Eggs Recalled After Dozens Sickened With Salmonella
- Trump Poised to Repeal Biden Curb on Power-Plant Pollution
- People Moves: Canopius Hires AIG’s Losquadro to Lead Underwriting, Hull & Liability US
- Goldman Sees Autonomous Vehicles Transforming Insurance World
- Brown & Brown to Acquire Risk Strategies, One80 Parent for $9.8 Billion
- States Recover $19 Million in Commission Overcharges From Brokers
- SEC Plan Says Existing Staff Cuts Help Meet DOGE Targets
- Whole Foods Supplier United Natural Foods Says Cyber Incident Disrupted Operations
- USI Mid-Year Update: Ongoing Trends to Continue
- McDonald’s Keeps ‘Core’ Inclusion Programs Despite DEI Backlash
- AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1
- Erie Insurance Dealing With Network Outage Affecting All Systems
- Insurtech Slide Targets $2B-Plus Valuation in IPO
- Chinese Hackers, User Lapses Turn Smartphones Into a ‘Mobile Security Crisis’
- US DOT Declares Fuel Economy Rules Exceeded Legal Authority
- Companies Delay Impact Reports With DEI, ESG Under Attack
- Mattel Settles Baby Sleeper Death Suits Before Start of a Trial
- Extended Deadline: Be Recognized as an Independent Agency Leader
- US Supreme Court Makes ‘Reverse’ Discrimination Lawsuits Easier to Pursue
- Viewpoint: Fixing the Claims Experience Where It Matters Most – In the Mess
- Reddit Sues Anthropic, Says AI Company Exploited User Data
- Supreme Court Spares US Gun Companies From Mexico’s lawsuit
- Viewpoint: Understanding the Future of Insurance by Studying the Past
- Chinese Hacked US Telecom a Year Before Known Wireless Breaches
- OpenAI Finds More Chinese Groups Using ChatGPT for Malicious Purposes
- Tax Bill’s Bid to Ban New AI Rules Faces Bipartisan Blowback
- NOAA ‘Fully Staffed’ With Forecasters, Scientists, US Commerce Secretary Says
- Bernie Madoff Customers to Recoup $498M, Payout Tops $15B
- Agents Must Take the Lead on Personal Cyber Coverage, Report Says
- Hackers Abuse Modified Salesforce App to Steal Data, Extort Companies, Google Says
- Triple-I: New Research Suggest Link Between Litigation Funding, Attorney Ads
- AI’s Urgent Need for Power Spurs Return of Dirtier Gas Turbines
- Crypto Crime Spills Over From Behind the Screen to Real-Life Violence
- Trucordia Gains $1.3B Investment From Carlyle to Propel Growth
- People Moves: Mosaic’s DeLong Promoted to Global Market Engagement Officer, Bonkoski Joins as Cyber Head
- Tariffs Stoke Supply Chain Worries for US Businesses, Gallagher Survey Shows
- Victoria’s Secret Says Cyber Incident Led to Temporary Website Shut Down
- Mondelez Sues Aldi, Alleging Grocery Chain Copies Packaging to Confuse Customers
- FEMA Head Said He Was Unaware of US Hurricane Season, Sources Say
- Demand for Pet Insurance Rises as Majority Owners Underestimate Cost of Care
- Ron Perelman’s Fight Over $410 Million in Art Insurance Goes to Trial
- Tariff Gloom Weighs on US Manufacturing; Delivery Times Lengthening
- Google to Spend $500M Revamping Compliance in Shareholder Settlement
- Funding Cuts Threaten Safety Training for Workers in America’s Most Dangerous Jobs
- Rate Moderation Continues During June’s Property-Cat Renewals: Howden Re
- Skechers Shareholder Sues Footwear Maker for Details on $9.4B 3G Buyout
- Highways Baking at 158F Signal a Red-Hot Summer From China to the US
- When a Neighborhood Floods, Foreclosures Often Follow
- Congress Could Unravel Biden’s Climate Law. Here’s What to Watch
- Viewpoint: Life-Saving Building Codes Are the Unsung Heroes of Resilience
- SEC Dismisses Lawsuit Against Binance Crypto Exchange
- Industry Vets Bonneau and Bredahl Form Novel Financial, Acquire Forza Insurance
- Trump Administration Is Rolling Out a New Way to Shrink FEMA’s Role
- Trump’s Tariffs to Remain in Effect After Appeals Court Grants Stay
- Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
- Victoria’s Secret Website Down as Lingerie Seller Addresses ‘Security Incident’
- New York Times Agrees to License Content to Amazon for AI Use
- US Court Blocks Most Trump Tariffs, Says President Exceeded His Authority
- Wildfire Experience Inspires New Contents Claims Insurtech
- US Agrees to End Use of Race, Gender in Highway, Transit Contracts
- Viewpoint: Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters
- People Moves: Miller Rejoins Lockton to Lead Stop Loss, Pharmacy Practices; Zurich Alum Andrejko Returns as Head of Construction Pro Liability
- Inflation Impacting Workers Comp Medical Costs: WCRI
- FTC Drops Case Over Microsoft’s $69 Billion Activision Blizzard Deal
- Ford Recalls Nearly 1.1 Million Vehicles Over Rearview Camera Software Issue
- Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums
- As Schools Prepare to Pay Athletes, What Role Will Insurance Play?
- Boeing Agrees to Resolve US Criminal Case Over 737 Crashes
- Industry Vet Plumeri Joins Insurance Advisory Partners as Chairman
- DIY Home Inspections Are Taking Over, Firms Say
- Russian Hackers Target Western Firms Shipping Aid to Ukraine, US Intelligence Says
- FTC Nixes Antitrust Lawsuit Against PepsiCo Over Pricing
- More Tornadoes, Fewer Meteorologists Make for a Dangerous Mix
- People Moves: Jenks Named President of JH Blades; Gonzales Joins Alliant Healthcare
- Don’t Miss Out: Enter Now for Insurance Journal’s Top 100 P/C Agencies Ranking
- Private Funds Are Turning to Complex Bonds to Tackle Cash Crunch
- AIG Settles Lawsuit Against E&S Rival Dellwood and Former Employees
- Viewpoint: The Vital Role of Claim Professionals After Cyberattacks
- In Lawsuit Over Teen’s Death, Judge Rejects Free Speech Rights for AI Chatbots
- ‘Big Beautiful’ Tax Breaks for Insurance Agents in Bill Passed by House, Says Big I
- Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says
- Get Ready for Another Busy Atlantic Hurricane Season
- FEMA Senior Officials Exit as Trump Targets Agency
- Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says
- Markets/Coverages: CFC Adds Cyber Proactive Response to More Industry Products
- Air Traffic Control System Failing Americans, Airline CEOs Say
- Viewpoint: Loss Control Services Are Underused Tools to Reduce Identity Security Risk
- AI Regulation Ban Meets Opposition From State Attorneys General
- Budget Cuts at EPA Become Flashpoint at a Heated Hearing
- Former Progressive CEO Renwick, 69, Dies
- Hack of Contractor Was at Root of Massive Federal Data Breach
- Acrisure Secures $2.1 Billion Funding Round for M&A, Tech
- People Moves: World Insurance Associates Names Youshock Head of Personal Lines; Belair Appointed President of Technology at Intact Insurance Specialty Solutions
- Hacker of App Used by Trump Aide Stole Data From Across Government
- Boost Prices or Retreat? How Carriers Improved Homeowners Books in 2024
- Thoma Bravo’s Nearmap to Buy Insurance Tech Firm Itel for Over $1.3B
- No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best
- Stablecoin Bill Advances in US Senate in Big Win for Crypto
- People Moves: Boroughs Named Chubb Group Vice Chairman, Hogan Succeeds Boroughs as Investment Officer; Cushing Named Head of Construction at Zurich NA
- APCIA: Record Shows ‘Minimal Complaints’ on Hurricane Milton, Helene Claims
- Motion Specialty Launches Lloyd’s MGU, Founded by Former Hiscox Executives
- FCC Approves Verizon Deal to Acquire Frontier After DEI Changes
- Despite Backlash From Trump, DEI Hasn’t Disappeared at US Companies
- Q1 Shows ‘Clear’ Signs of Commercial P/C Softening, Says CIAB
- Crypto High-Rollers Go Big on Bodyguards to Deter Kidnappers
- Captives to Remain Viable as Market Softens: RIMS Panel
- Sedgwick: Number of Recalled Products in US Rose 25% in First Quarter
- EPA to Rollback Limits on ‘Forever Chemicals’ in Drinking Water
- Christian Dior Couture Client Data Breached in Cyberattack
- Sedgwick Experts Outline Key Workers’ Comp Claims Trends
- Coinbase Hackers Had Access to Customer Data Since January
- People Moves: Zurich NA Promotes Fox to Lead National Accounts, Caminiti CUO
- FEMA Chief Says Agency Will Raise State Burden for Disasters to 50%
- US House Bill Reintroduced to Rid Federal Insurance Office of Subpoena Power
- Coinbase Says Bribed Workers Leaked Data to Hacker Seeking $20 Million in Ransom
- Workers’ Comp Premiums Fall 3% in 2024; Combined Ratio Holds at 86: NCCI
- 2024 P/C Insurance Combined Ratio Best in More Than a Decade
- State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing
- Waymo Recalls 1,200 Self-Driving Vehicles After Minor Collisions
- Steelmaker Nucor Shuts Down Some Output After Cyberattack
- Toyota Settlement, Walmart Lawsuit Scrapped by CFPB
- USDA Restores Some Climate-Related Webpages After Farmer Lawsuit
- Markets/Coverages: Markel Launches Affirmative Cyber Product for Collateral War Cover
- As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
- People Moves: Zurich Gets Himes From Chubb To Lead Underwriting for US Mid Market
- State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
- Court Hears Small Business Bid to Block Trump Tariffs
- Markets/Coverages: CRC’s Starwind Specialty Launches 4 Programs
- Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
- Markel Insurance CEO Wilson Lays Out Strategy for ‘Bread-and-Butter’ E&S Business
- FM Clients to Receive Share of $1 Billion in ‘Membership Credits’
National News Archives
