National News for December 2024
- 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
- 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
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