National News for December 2024
- 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
- Just 35 Complaints of Debanking Cite Political Bias Despite Trump Order
- Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability
- 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
- 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
National News Archives
