Recent Insurance Industry News
National News
AI for the Defense: Should Insurers or Law Firms Pay?
The idea that AI tools can help plaintiffs' lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to Carrier...
SEC’s Power to Recoup Illicit Profits Challenged at Supreme Court
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market
International & Reinsurance News
Pemex Undersea Pipeline Found to Cause Gulf Oil Spill
An oil spill in the Gulf of Mexico that soiled beaches, killed wildlife and sparked outrage from environmental groups was caused by a leaky pipeline owned by state oil company...
India Approves $1.4 Billion Maritime Insurance Pool
Update: Shipping Firms Seek Clarifications Before Transiting Now-Opened Hormuz
Nord Stream Blasts Due to War, Say Insurers Seeking to Avoid Pay Out
US-Iran Deal Will Take Months, Gulf and Europe Officials Say
Europe Looks to Contain Trump’s Fury as It Hosts Hormuz Summit
East News
Man With AR-Style Pistol Arrested at Aetna Headquarters Without incident
A man carrying a backpack with an AR-style pistol inside was arrested Thursday after walking into health insurer Aetna's headquarters in Connecticut, police said. Security...
Judge Blocks GE Vernova From Ending Work for Vineyard Wind
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing
House Advances Safety Bill Addressing Deadly Copter-Plane Collision Near Washington
NYC SantaCon Charity Fundraiser Was More Con Than Claus, Authorities Say
Pennsylvania Firefighters Back on Job After 6-Day Insurance Lapse
Midwest News
Midwest States Reel from Severe Storms
Floodwaters from record rainfall in Wisconsin inundated streets Wednesday, trapping drivers and forcing officials to close sections of a highway, as other Midwestern states...
Michigan Updates Air Quality Risk System Ahead of Wildfire Season
Inszone Acquires Kansas’ Insurance Resources Group
Severe Storms Damage Communities From the Plains to the Midwest
NYC Heat Builds as Midwest Faces Bigger Storm Threat
People Moves: Friedman Joins Alliant Insurance Services’ Employee Benefits Group
Texas / South Central News
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims in Arkansas
A federal judge last month approved a preliminary class settlement resolving claims that State Farm underpaid Arkansas policyholders for total loss vehicle claims by applying an...
People Moves: PIA Arkansas’ Shearon to Retire as Executive Director
South Texas Cities Racing to Drill Wells Amid Historic Drought Crisis
Texas Sees Power Demand Quadrupling by 2032 on Data Center Boom
Texas Summer Camp Faces Scrutiny Over Failure to Report Deaths
Camp Mystic Faces Scrutiny Over Lack of Evacuation Plan in Wake of Fatal Flood
Southeast News
Florida Needs More, Much More Wind Mitigation. Experts at OIR Summit Give Ideas
Florida has the largest wind-mitigation grant program in the country, providing more than $300 million to homeowners over the last few years and resulting in insurance premium...
Higginbotham Adds Alabama ‘Powerhouse’ Harmon Dennis Bradshaw Agency
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs
Trump EPA Eyes Gutting Rules on Coal Plant Ash That Threatens Groundwater
Florida Home Insurer Olympus Enters Catastrophe Bond Market
With Falling Private Re Prices, Should Florida Let Insurers Buy Less From the Cat Fund?
West News
Inszone Acquires Randall Realty and Insurance in Arizona
Inszone Insurance Services acquired Tucson, Arizona-based Benchmark Insurance Group LLC, doing business as Randall Realty & Insurance. Founded in 1973 by Larry Randall, the...
People Moves: Crest Names Solis Commercial Insurance Broker in Tempe; Storie Joins Alliant’s Pacific Northwest Benefits Team
Workers’ Comp Bureau of California Committee OKs 10.4% Hike in Pure Premium Filing
70 Vehicle Pileup on Colorado Interstate Sends 8 to Hospital
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case
California Wants to Fund Green Jet Fuel — By Raiding Your Road Repair Budget