Recent Insurance Industry News

Asbestos Lawsuits Prompt Vanderbilt Minerals to File Bankruptcy

• Viewpoint: How P/C Carriers Can Win the Next Decade With Tech + Talent

• World’s Growing Civil Unrest Has an Insurance Sting

• Bayer to Make $10.5 Billion Push to Settle Roundup Cases

• Preparing for an AI Native Future

• Catastrophe-Bond Risk Premia Drop to Rates Last Seen in 2022

CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer

• France Fines Russia-Linked Oil Tanker in Shadow Fleet Crackdown

• EU Ill-Prepared for Worsening Climate Change, Advisers Say

• World’s Growing Civil Unrest Has an Insurance Sting

• UK Litigation Funder Stung by Car Finance Saga Is Raising Cash Again

• Catastrophe-Bond Risk Premia Drop to Rates Last Seen in 2022

Judge Dismisses Charges Against 3 Officers Accused of Mistreating Prisoner

• SterlingRisk Acquires Transportation Specialist ASZ International

• Arthur J. Gallagher Acquires Pennsylvania’s B&W Insurance Agency

• 3 Killed, 3 Injured in Shooting at High School Hockey Arena in Rhode Island

• OSHA Flags Safety Issues That ‘Exposed’ Workers to Explosion at US Steel Plant

• Beacon Mutual CEO Spero to Retire in 2027; Vitale Named Successor

Pinpoint Predictive Secures Approval in Ohio and Georgia

• People Moves: Finys Names Theme as CCSO

• Kansas Man Sentenced for Insurance Fraud, Forgery

• Enstar Group Acquires Michigan’s AF Group

• Bus Crash Involving Iowa College Baseball Team Leaves One Dead, 32 Injured

• People Moves: Unison Risk Advisors Names O’Sullivan as Chief People Officer

Tesla’s Austin Robotaxis Report 14 Crashes in First Eight Months

• Houston Companies to Pay $200K to Workers Fired for Asbestos Concern

• Texas AG Sues Factory After Residents Complain About Noxious Odors

• Popcorn Machine Catches Fire at Oklahoma Basketball Game

• Three People Suffer Burns at Exxonmobil Facility in Texas, Media Report

• Houston-Area Developer Reaches $68M Settlement With Texas, Feds

Florida Pool Safety Bills Moving to Address Record Number of Drowning Deaths

• State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup

• Severe Drought Prompts Burn Bans, Water Usage Restrictions in South Florida

• Tapco Underwriters MGA Rebrands as CRC Tapco

• Pinpoint Predictive Secures Approval in Ohio and Georgia

• Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles

4 People Die in Small Plane Crash Near Ski Resort

• Judge Says Exxon Mobil Can Sue California AG for Defamation Over Recycling

• States Reliant on Colorado River Failed to Meet New Consensus Deadline

• People Moves: Hub Names Hetrick VP, Private Client Risk Advisor; WSRB Chief Newman to Retire

• ALKEME Insurance Inks $27M Naming Rights Deal for Arizona Basketball Arena

• California Insurance Commissioner Unveils Intervenor Reform Regulations