Recent Insurance Industry News

US Supreme Court Rejects Trump’s Global Tariffs

• Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

• High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best

• Erie Insurance CEO NeCastro to Retire at Year End

• Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program

• BioNTech Sues Moderna for Patent Infringement Over COVID Shots

Hedge Fund Fermat Says Surge in Cat-Bond Sales Is ‘Breathtaking’

• TotalEnergies Asked to End Oil and Gas Exploration in Paris Lawsuit

• India Grants One-Month Extension to 4 Russian Marine Insurers

• How the UK Is Keeping Flood Insurance Affordable – Until 2039

• Climate Change Made Deadly Valencia Floods More Intense

• Aon Promotes Fraccalvieri as CEO of Global Facultative Re, Succeeding Laing; Arch Insurance Int’l Promotes Hope, Mani to Key Underwriting Roles in D&O and FI

Delaware High Court Rescues Cyber Insurers’ Subrogation Claims

• EEOC Sues Coca-Cola Distributor It Says Excluded Male Employees From Event

• New York Governor Hochul Pulls Robotaxi Expansion Proposal

• People Moves: MIA Names Thornton, Matthewson, Fountain; Trucordia Appoints Dunning

• State Drops Charges Against NJ Political Power Broker, Insurance Exec Norcross

• District of Columbia Seeks Federal Help for Potomac River Sewage Spill

Insurtech Qumis Secures $4.3M Seed Round

• Michigan AG Secures Judgment Against Construction Company

• Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas

• Pritzker to Halt Data Center Tax Perks as Power Bills Soar

• Luxury Steamer Wreck Found in Lake Michigan After 60-Year Quest

• Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations

Texas Fire Threat to Worsen as Oklahoma Panhandle Burns

• People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits

• Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas

• Texas Sues Dow, Alleging Water Pollution Violations at Chemical Plant

• Inszone Acquires Texas’ Scarbrough, Medlin & Associates

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

Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups

• OSHA Fines Alabama Utility Contractor $257,700 After Deaths of 3 Workers

• Palantir Decamps to Miami Co-Working Space in Surprise Move

• Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan

• Georgia Supreme Court Disbars Workers’ Comp Attorney for Taking Client Funds

• Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance

Ski Trip Hit by Avalanche Was Led by Outfit Offering Mountain Adventures Globally

• Washingtion Contractor Fined for Exposing Workers to Asbestos

• LA Fire Victims Suing City Utility for Billions Win Major Ruling

• Edison Is Slashing Top Executive Bonuses After Deadly LA Fire

• Decades-Old Abuse Payouts Squeeze California School and City Budgets

• California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes