National News for December 2024
- 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
- 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
- Markets/Coverages: Tokio Marine HCC Enhances Product Recall Offering
- Google Sued by Advertising Exchange Over Monopoly Violations
- US Property Insurance Costs Hit New High as Disasters Worsen
- Renaissance Introduces the First in a Suite of AI Solutions for Independent Agents
- People Moves: Lockton Promotes Rapciewicz and Cullen to Lead US Casualty
- Direct Home Insurer Kin Raises $50M in Series E Financing
- Markets/Coverages: Everest Introduces EverBuild for Evolving Construction Risks
- How Fast Will the Reinsurance Market Soften?
- DOJ Drops Defense of Ban on Employee ‘Noncompete’ Agreements
- Anthropic Agrees to Pay $1.5 Billion to Settle Authors’ Copyright Class Action
- Apollo Settles Fight With Ex-Athene Executives Before Trial
- Publisher Gannett Wins Dismissal of Nearly All of Journalists’ Job Bias Lawsuit
- FTC to Review AI Chatbot Risks With Focus on Privacy Harms
- NY Fed Finds Modest Impact of AI on Jobs Even as Usage Increases
- FTC Takes Action Against Worker Noncompete Agreements
- People Moves: Allianz Commercial Appoints Stewart as North American Head of Liability; Rokstone Hires 2 From AIG to Inland Marine Division
- Google Must Pay $425 Million in Class Action Over Privacy, Jury Rules
- Judge Questions DOJ Decision to Drop Boeing Independent Monitor
- The Year So Far: Liberty Mutual Improves Most Among Nationals; Discipline Tested
- US P/C Insurance Industry First-Half Underwriting Profit Triples
- Tropolis Completes Acquisitions of 8 Agencies in 3 States
- Success of AI Music Creators Sparks Debate on Future of Music Industry
- Google Keeps Chrome and Apple Deal but Must Share Data in Big Antitrust Ruling
- Disney to Pay $10M to Settle Claim of Allowing Unlawful Collection of Children’s Data
- IPO Floodgates Open for Fall Season as Trump Tariff Worries Ease
- Ten Big Banks Defeat Antitrust Lawsuit in Over Bond Trades
- Markets/Coverages: Marsh Extends Nimbus Data Center Facility to US Projects
- Skyward Specialty Agrees to $555M Buy of Apollo Group From PE Firm Alchemy
- Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says
- Tesla Asks Court to Throw Out $243M Award; Says Comments About Musk Misled Jury
- DHS Secretary Noem Fires Two Dozen at FEMA Citing Cyber Lapses
- WhatsApp Finds New Hacking Campaign Targeting Fewer Than 200 People
- Sedgwick: Recalled Products in US Hit Lowest Quarterly Level in 3 Years
- Most Trump Tariffs Are Not Legal, US Appeals Court Rules
- Katrina’s Legacy: Louisiana Fortifies Itself Against the Next Storm
- NOAA Develops Tool to Predict Hourly US Wildfire Hazards
- The Ghost of Hurricane Katrina Haunts Catastrophe Modelers
- Sierra Club Received Sex Harassment Complaint About Then-Chief Earlier This Year
- AM Best Affirms A+ Financial Strength Rating for Allstate Group Members
- US, Allies Step Up Fight Against North Korean Cyber Activities
- Peloton Must Face Shareholder Lawsuit Over Post-Pandemic Outlook
- Ford to Recall Hundreds of Thousands of Vehicles Over Instrument Panel, Leak Issues
- TransUnion Says 4.4 Million Consumers’ Data Compromised in Hack
- Anthropic Thwarts Hacker Attempts to Misuse Claude AI for Cybercrime
- Cyber Outlook Report Finds Gaps, Outlines Holistic Approach to Protections
- Katrina 2005-2025: Property Policy Evolution
- International Coalition Calls Out Three Chinese Companies Over Hacking Campaign
- 20 Years Later, Hurricane Katrina’s Impact Echoes in Models, Mitigation and Reforms
- Sompo to Acquire Aspen for $3.5 Billion to Expand Global Access
- OpenAI, Altman Sued Over ChatGPT’s Role in Teen’s Suicide
- When Luck Runs Out: Where $100B Hurricanes Might Happen
- Anthropic Settles Class Action From Authors Alleging Copyright Infringement
- As AI Becomes Part of Everyday Life, it Brings a Hidden Climate Cost
- Tesla Rejected $60M Settlement Before Losing $243M Autopilot Verdict
- Lawmakers, Unions Oppose Railroad Plan to Automate Track Safety Inspections
- ‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening
- Musk Sues Apple, OpenAI, Saying They Hurt AI Competition
- Squishmallows Maker, Build-A-Bear Call Truce in Plush Toy Legal Battle
- Kraft, Other Companies Beat Test Lawsuit Over Ultra-Processed Foods
- Farmers Insurance Data Breach Could Impact More Than a Million Customers
- People Moves: AIG Appoints HP’s Hallworth Chief Digital Officer; FM Names Long CIO
- 20 Years After Katrina, Hurricane Risks to Gulf Coast Rising, Scientist Warns
- TransUnion: Aggressive Shopping Continues for Home, Auto Coverage
- Musk, X Corp to Settle $500M Lawsuit Over Twitter Firings
- NHTSA Probes More Than 1.4 Million Honda Vehicles Over Engine Failure
- Aging US Railroad Bridges Are Self-Inspected and Findings Are Kept Secret
- FTC Chair Warns Tech Firms Not to Weaken Data Privacy to Comply With EU, UK Laws
- Be Recognized as a Best Agency to Work For: Submit Now
- People Moves: Marsh Names Global, US Aviation and Space Leaders; Ryan Appoints Ferguson CEO of US Assure
- Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
- Markets/Coverages: Volvo Launches Independent Agency; Arden’s Wildfire Program Backed by SiriusPoint
- How Hurricanes, Fires and Floods Put Drugs and Medical Supplies at Risk
- ‘What About Legacy Admissions?’ Critics Ask as Trump Presses Colleges for Merit
- Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability
- Just 35 Complaints of Debanking Cite Political Bias Despite Trump Order
- Trump $464 Million NY Civil Fraud Penalty Vacated on Appeal
- Google Settles YouTube Children’s Privacy Lawsuit for $30 Million
- Scattered Spider Member Sentenced to 10 Years in String of Hacks
- Litigation Funder’s Plan to Invest in Law Firms Called ‘Bad Policy,’ With Big Impacts
- How to Keep Small Business Insurance Customers From Jumping Ship
- Transgender Runner Sues NCAA and College for Removal From Track Team
- Viewpoint – AI Will Replace Most Humans, But Then What?: Jen
- Delta, United Sued for Selling Windowless ‘Window Seats’
- Pivix Specialty Launches E&S Brokerage Unit With Gramm at Helm
- States Rethink Practice of Setting Speed Limits Based on How Fast Drivers Travel
- Tesla Drivers Can Pursue Class Action Over Self-Driving Claims, Judge Rules
- People Moves: CNA Appoints Haas, Nardiello and Kim to Leadership Roles
- Musk’s SpaceX, Others Win Court Challenge to Labor Board’s Structure
- JPMorgan Must Face Claims Over Son’s Fleecing of Elderly Mom
- W.R. Berkley Forms Professional Lines Unit, Berkley Edge; Names Secor as President
- Markets/Coverages: Ryan Expands E&O Program for Small, Medium Insurance Agents
- CVS Not Covered by Insurance for Opioid Lawsuits, Delaware Supreme Court Rules
- Markel Insurance Completes Sale of Reinsurance Renewal Rights to Nationwide
- Newsmax Settles Dominion Defamation Case for $67M; Says It Couldn’t Get Fair Trial
- Judge Strikes Down Trump Guidance Against DEI at Schools and Colleges
- Coastal Communities Restoring Natural Defenses Against Storm Surges, Rising Seas
- Arthur J. Gallagher Completes $13.5 Billion Acquisition of AssuredPartners
- Bayer Settles Sky Valley Cases Over Chemical PCB
- Markets/Coverages: Vortex Pays Out After a Mere ‘Trace’ of Rain
- After Player Safety Report and $9M Jury Award, US Tennis Starts Coaching Program
- Private Credit: Apollo’s Fox Hedge Is Taking Financial Wizardry to New Level
- Carrier Revenue Growth Expected to Outpace Hiring in Next Year
- Trump’s Debanking Order Could Create Uncertainty for Banks, Sources Say
- OpenAI’s Sam Altman Expects to Spend ‘Trillions’ on Infrastructure
- Aon Accused of Contributing to Collapse of Startup Vesttoo
- NFL Cannot Force Black Coach’s Racial Claims Into Arbitration, Says Appeals Court
- Delivery Drones May Soon Take Off With New FAA Rule
- Softening Continues for Most Commercial P/C Lines in Q2, Says CIAB
- Rising La Niña Odds Point to More Hurricanes in the Atlantic
- Markets/Coverages: Marsh Launches BrokerSafe for Freight Broker Auto Coverage
- Trump Administration to Unveil Tougher Solar and Wind Subsidy Rules
- Another Downgrade for State Farm General: S&P Lowers Rating to A-
- Mission, Purpose Not High on Wish Lists of Industry Newbies: Informal Talent Poll
- Senator Schiff Brings Back Idea of Federal Reinsurance Program
- New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses
- RPS: Cyber Market Flush With Capacity as Buyers Get More Limit, Low Premium
- Insurtech Looks to ‘Redefine’ Insurance With Autonomous AI Agents by 2026
- Appeals Court Says DOGE Team Can Access Sensitive Data
- Employers Miss Out on Talent When Remote Work Isn’t Allowed: Survey
- Navigating The Challenging US Liability Litigation Environment
- Do Kwon Pleads Guilty to US Fraud Charges in $40B Crypto Collapse
- Musk Says xAI to Take Legal Action Against Apple Over App Store Rankings
- 5-Year Cost of Litigation Funding to Commercial Insurers Could Top $25B
- Liberty Mutual in First FCPA Settlement Since Enforcement Restarted
- AIG CEO Zaffino Highlights Integration of GenAI to Create Digital Twin of Business
- People Moves: Chubb Promotes in Surety, Property; WTW Hires ICT Directors; HDI Global USA Names Aguiar Head of Energy & Power Underwriting
- Insurtech Investment Hits $60B Milestone But Pales AI Figures
- CSU, NOAA Maintain Forecasts for Above-Average Hurricane Season
- Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
- Former Ironshore, Lexington CEO Kevin Kelley Dies
- Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best
- Digging Into Tesla’s Liability in Crash Case: Where’s the Data?
- Surplus Lines Sector Shows 13.2% Rise in Premium Mid-Year: WSIA Report
- J&J Talc Evidence Gets Review by Ex-Judge at Drugmaker Law Firm
- Markets/Coverages: New Marsh D&O Enhancement for Clients’ IPO Pursuit
- Insurtech Root Swings to Q2 Profit on Growth in Partnership Channel
- Human Responses: Did Jurors React to Musk in Damage Award Against Tesla?
- Neptune Flood: 77% of At-Risk Homes Outside FEMA Zones Have No Flood Insurance
- Cybersecurity Pros Say IoT, Large Language Models Are Risk Areas of Concern
- AIG General Insurance Underwriting Income Up 46% in Q2
- Researchers Are Resurrecting Billion-Dollar Disaster Tool Trump Killed
- Hiscox Agrees to Acquire US Specialist Insurtech
- Federal Judge Stops FEMA From Diverting Infrastructure, Disaster Mitigation Grants
- People Moves: Resilience Hires Riviezzo to Expand Broker Network; NFP Adds Nordeen to Lead C&I Business
- Does Care by Advanced Practitioners Result in Different Workers Comp Outcomes?
- US to Ease Long-Range Drone Rules in Boon for Walmart, Alphabet
- Tesla, Musk Sued by Shareholders Over Robotaxi Claims
- Companies Spending Record Amounts to Protect Executives as Threats Rise
- Lemonade Posts Another Quarterly Loss but Car Growth Continues
- Trump Media CEO Nunes Loses Defamation Lawsuit Over Rachel Maddow Show
- US Weather Boss During ‘Sharpiegate’ Nears Return to NOAA
- Parrish Named CEO of Howden US, Is Sued by Former Employer Marsh
- People Moves: Liberty GTS Names Remsen Head of East, Americas; Black Named National Property Leader at Amwins; Tasse to Head Amwins Underwriting Growth
- Senate Confirms Anti-DEI Stalwart Lucas to Second Term at EEOC
- United Risk Acquires Verita CSG From WTW; Rebrands as Verist With Chang as CEO
- Berkshire Insurance Units Report Lower Q2 Operating Income Overall
- High Noon Recalls Vodka Seltzers Mislabeled as Energy Drinks
- SEC Chair Lays Out Sweeping Plans to Accommodate Crypto
- Tesla Must Pay $243 Million Over Fatal Autopilot Crash
- Update: Markets Dive After Trump Hits More Countries With Steep Tariffs
- ‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers
- Bayer Adds $1.37 Billion to Reserves for Ongoing Roundup Litigation
- People Moves: CFC Appoints Laudadio US Healthcare Practice Leader
- EEOC Sued Over Handling of Transgender Worker Discrimination Complaints
- US Reversal on Key Climate Finding Spells Uncertainty for Business
- Broker WTW Beats Q2 Profit Estimates on Robust Product Demand
- AI, Crypto Securities Class Actions on Track for Highs in 2025: Cornerstone
- Markel Insurance Selling Reinsurance Renewal Rights to Nationwide
- Viewpoint: ‘AI Action Plan’ Does Not Address AGI, Superintelligence, or Alternate Intelligence
- Dating Advice App Tea Suspends Messaging After Breaches
- Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86
- Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions
- Palo Alto Networks Reaches $25 Billion Deal for CyberArk
- Fermi National Accelerator Laboratory Hit in Cyberattack Targeting SharePoint
- ‘New Normal’ Sets in as Pace of Insurance Agency M&A Becomes Clear
- Viewpoint: Trucking Companies Face Growing Wage & Hour Class Action Risks
- More Than $360M in CFPB Compensation ‘at Risk,’ Say Consumer Groups
- AI May Be Needed to Fight Back Against Deepfakes Threat
- Industry Trades Throw Support Behind Bill to Affirm State Regulation of Insurance
- Traffic Fatalities Dip 6.3% in First Quarter 2025
- H1 Natural Disasters Had Insured Price Tag of $80B – Driven by US Claims: Munich Re
- Applied Underwriters Starts MGA Platform Innovation Risk
- EPA Set to Unravel US Authority to Regulate Greenhouse Gases
- Cincinnati Financial More Than Doubles Q2 Net Income
- Aon Reports 6% Organic Revenue Growth, Boosted by Commercial, Reinsurance Lines
- Lack of Proper Insurance Coverage for Data Centers Presents Pitfalls
- The Hartford Net Income Up 35% on Premium Growth
- Construction Projects Facing Delays Under Threat of ICE
- Viewpoint: Driverless Cars Are Changing the Future of Claims
- Justice Department Prepares Crackdown on Trump Tariff Violators
- Women’s Dating App Tea Reports 72,000 Images Stolen in Security Breach
- Allianz Life Says Majority of US Customers’ Data Stolen in Hack
- Trump’s AI Plan Urges Lighter Touch by FTC in Win for Microsoft
- Meta Clashes With Apple, Google Over Child Age Check Legislation
- Honda Launches Insurance Agency Powered by VIU by HUB
- Intel Beats Shareholder Lawsuit Over $32 Billion Stock Plunge
- AIUC Emerges From Stealth With $15M Seed to Help Enterprises Deploy AI Safely
- Viewpoint: Back to Basics – Risk Transfer Through Contracts and Insurance
- Microsoft Says Some SharePoint Server Hackers Now Using Ransomware
- Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
- Fewer Insureds Shopping, More Switching, Says JD Power
- Some Large Accounts Start Seeing Chubb’s Back as it Focuses on Middle, Small
- Labor Department Proposes Over 60 Rule Changes in Push to Deregulate Workplaces
- EPA to Withdraw Foundation of Greenhouse Gas Rules, Sources Say
- Increasing Drone Incidents Near Airports, Stadiums Prompt Alarm, Officials Say
- White House Unveils Sweeping AI Action Plan to Boost Development
- Tally of Microsoft Victims Surges to 400 as Hackers Exploit SharePoint Flaw
- Big I: Independent Agencies’ Market Share Shows Small Decline
- ‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors
- Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting
- Lawsuit Says Clorox Hackers Got Passwords Simply by Asking
- Attempts to Reform Litigation Funding Disclosure Continue on the Hill
- Prior Knowledge Ends Filmmaker Baldoni’s Coverage for Harassment Claims: Insurer
- Microsoft Rushes to Stop Hackers From Wreaking Global Havoc
- People Moves: W.R. Berkley Promotes Albert President of Vela Insurance; Fusion Specialty Names Underhill Head of Americas
- Workplace Injuries Costs Near $60B Per Year; Overexertion, Falls Top Causes
- WR Berkley Q2 Net Income Up Near 8% on Underwriting, Investments
- Hackers Exploit Microsoft SharePoint as Firm Works to Patch
- Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
- People Moves: Triple-I’s Porfilio New Head of Personal, Commercial Development at WTW’s ICT; Aspen Names Welch as Group CUO
- Trump’s Auto Safety Pick Promises Rapid Self-Driving Deployment
- ITRC: 2025 Data Breaches Outpace Same Period Last Year
- Authors Suing Anthropic Can Band Together in Copyright Suit, Judge Rules
- Drone Crashes, Security Threats Have States Demanding Power to Take Them Down
- Neptune Adds Capacity to Bring Flood Insurance Product Nationwide
- Trump Nominates Two Lawyers to Seal Republican Control of US Labor Board
- 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
National News Archives