Insurance News from July 22, 2021
National News
States, Municipalities Have 30 Days to Weigh $26B Opioid Deal with Major Drug Firms
A group of state attorneys general unveiled on Wednesday a landmark $26 billion...
Embedded As a Risk, New COVID Cycle Could Challenge Economic Recovery
What Drug Companies Have Paid to Settle Claims Over U.S. Opioid Crisis
Insurance Commissioner, Acting as Liquidator of RRG, Is Not a ‘Governmental Authority’
Trading to Begin on Ryan Specialty IPO at $23.50 per Share for $1.3 Billion
International & Reinsurance News
Deadly Floods in China, Europe Send Stark Reminder of Climate Change Vulnerabilities
Deadly floods that have upended life in both China and Germany have sent a stark...
Germany’s Floods Will See ‘Sizable’ Protection Gap. Could Insurance Demand Increase?
Major Generali Shareholders Plan to Ask CEO Not to Present New Business Plan: Report
China’s Henan Province Braces for More Rain After Severe Floods Kill at Least 33
W.R. Berkley-Backed Vehicle Inspection Firm UVeye Raises $60M in New Round
East News
Lawsuit Against Liberty University Alleges Mishandling of Sex Assaults
Twelve women filed a lawsuit Tuesday against Liberty University, accusing the Christian...
West News
PG&E in California’s Will Pay to Bury Power Lines to Prevent Wildfires
California power company Pacific Gas and Electric said on Wednesday it would bury...
Southeast News
Mississippi Health Official: State Seeing Rapid Increase in July COVID-19 Cases
Mississippi's top public health official said Monday that the state is seeing a rapid...
Texas / South Central News
5% Rate Increase Recommended for Texas Windstorm Insurer
The Actuarial & Underwriting Committee for the Texas Windstorm Insurance...
Midwest News
Virus’ Presence a Reason for Case Against Ohio Insurer to Proceed: Judge
A gym and fitness center in Pennsylvania won a minor victory on July 13 in a dispute...