National News for December 2024
- Apple, Google Send New Round of Cyber Threat Notifications to Users
- Longtime WTW Cyber Risk Leader Heads to Marsh
- New York Times Sues Perplexity AI for ‘Illegal’ Copying of Content
- Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom
- Report: Climate Change, Weather Impacts on Household Budgets Up to $900 Yearly
- Markets/Coverages: Bold Penguin Adds Parametric Coverage With Adaptive Partnership
- Viewpoint: Healthcare Cyber Insurance at an Inflection Point
- The Rise of AI Reasoning Models Comes With a Big Energy Tradeoff
- Applied Systems, Comulate Spar Over Trade Secret Theft Allegations
- The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds
- FEMA Puts Whistleblowers Back on Leave After Reinstatements
- People Moves: Neumann Appointed Howden US Financial Lines Claims Leader
- Trump Outlines Plan to Unwind Biden-Era Car Mileage Mandates
- Viewpoint: Prudent or Not, an Insured’s Extra Expense Must Be Strictly ‘Necessary’
- Rivian to Recall Nearly 35,000 Delivery Vans Over Seat Belt Issue
- State Farm Sued Over Policies Backed by Distressed Insurer PHL
- Baldwin Group to Buy CAC Group for About $1B in Cash and Stock
- People Moves: Demex Promotes Anderson to CEO, Coleman to President; Fumarola Coalition’s Chief Product Officer; Everest Names Habayeb CFO
- Tech Industry Drive to Block State AI Laws Hits Wall in Congress
- Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think
- People Moves: Former Vermont Captive Regulator Bigglestone Joins SRS
- Lowe’s to Pay $12.5M for Lead Paint Violations During Home Renovations
- SEC Chief Wants to Boost IPOs by Easing Rules for Small Firms
- Trump Administration Backs Bayer’s Bid to Curb Roundup Lawsuits
- Supreme Court Wrestles With Copyright Dispute Between Cox, Record Labels
- Dozens of State Attorneys General Urge Congress Not to Block AI Laws
- Foundation Firmed: AM Best Switches View of US Homeowners Insurers to Stable
- US E&S Outlook No Longer Positive: AM Best
- Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge
- Why Reciprocal Insurance Exchanges Are Back in Fashion
- Product Liability Verdicts Are on the Rise but There Are Ways to Avoid Them
- Litigation Finance Hits a Wall After Bets on Huge Gains Falter
- Markets/Coverages: CFC New Tool Helps Brokers Engage SMEs on Cyber
- Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C
- OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide
- 2025 Atlantic Hurricane Season Goes Out Like a Lamb
- Meta Settles Cambridge Analytica-Related Claims for $190 Million
- Viewpoint: Why Predictable Performance Earns Banks Better D&O Rates
- Hackers Strike Ivy League Schools Already Under Political Pressure
- Most Consumers Aware and Worried How Litigation Increases Insurance Cost
- Royal Bank of Canada Denies Claims of ‘Boys Club’ Culture, Bias Against Women
- Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes
- Thanksgiving No. 1 Day of the Year for Cooking Fires in US
- Binance Faces Lawsuit by Hamas Victims Under Anti-Terrorism Law
- Insurance Customers Skeptical About AI Processes and Benefits
- More Federal Legislation Introduced to Tackle Third-Party Lit Funding
- Meta Buried ‘Causal’ Evidence of Social Media Harm, Court Filings Allege
- Former AIG, BHSI, Lloyd’s Executive Tom Bolt Dies
- AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus
- US States Take Aim at Data-Driven Pricing to Ease Consumer Pain
- As Infant Botulism Cases Climb to 31, Recalled ByHeart Formula Remains on Shelves
- SEC to Drop Controversial SolarWinds Cyberattack Lawsuit
- Sea Level Rise Threatens Thousands of US Hazardous Sites, Study Finds
- Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
- Viewpoint: Sins of Policy Interpretation. A Call to Repentance
- P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations
- Federal Judge Denies TRO to Marsh in Case Against Former Employees
- SEC’s Epic Post-Shutdown Filing Backlog Risks Stalling US IPOs
- Starbucks Must Face Shareholder Lawsuit Over Surprise Sales Decline
- Insurance IPOs Hit 20-Year High on Wall Street
- Major Music Labels Strike Deals With New AI Streaming Service
- The Art of Negotiation: Benchmark, Bundle, Trade
- People Moves: Marinello Named ReSource Pro Senior Director, Partnerships; United Risk Makes Additions to Leadership Team
- Trump Urges Congress to Block State-Level AI Regulation
- Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
- AM Best Downgrades State Farm Mutual Auto
- ‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB
- US Faces Winter Blackout Risks From Data Centers’ Power Needs
- People Moves: Chubb Appoints Hazelton COO of North America Field Operations; Haase Joins Everest as CEO of Legacy Operations
- Senator Opposes FCC Plan to Reverse Cyber Rules Adopted After Salt Typhoon Attack
- Has Insurtech Funding Found a Floor?
- How Big Tech Is Faring Against US Antitrust Lawsuits?
- Motive, GEICO Partner to Improve Safety and Lower Premiums for Commercial Fleets
- APCIA: House Judiciary Committee Must Pass Litigation Funding Disclosure Reforms
- Cloudflare Resolves Global Outage That Disrupted ChatGPT, X
- No Firm Is Immune if AI Bubble Bursts, Google CEO Tells BBC
- Purdue Pharma Gets Court Nod for Bankruptcy Exit, Sackler Deal
- Wall St Regulator to Consider Crypto Token Classification, Chair Says
- FEMA Chief Resigns After Six Months, Criticism Over Floods
- Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best
- Anthropic Warns of AI-Driven Hacking Campaign Linked to China
- Consumer Watchdog Proposes End to Civil Rights-Era Anti-Discrimination Requirements
- Apple Must Pay Masimo $634M in Smartwatch Patent Case, Jury Says
- Appeals Court to Weigh Reviving Cases Over Tylenol and Autism
- 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
National News Archives
