News for August 2021
- Moody’s: Ida’s Impact Likely to Be Greater on Regional Insurers, State’s LA Citizens
- Texas’ Griddy Energy Settles Over Exorbitant Energy Bills From Freeze
- Minnesota Tops 300 Pre-Labor Day Traffic Deaths
- Officials Order More Evacuations from Massive Fire Threatening Lake Tahoe
- ATF: Investigation Into Arizona Print Shop Explosion Delayed
- Trio Accused of Staging Auto Accidents in California
- Risk Strategies Acquires Georgia-based Employee Benefits Specialty Broker Benevestco
- Analysts Foresee Modest Economic Damage in U.S. From Ida; Peg Insured Losses at $10B
- People Moves: MJ Insurance Adds Bingham; Ashurst Joins Marsh in Chicago
- North Carolina Regulators Find Chemours Plant Out of Compliance With Air Permit
- Second Insurance Business Transfer in U.S. Approved in Oklahoma
- Fewer Virus Vaccinations Among Missouri Nursing Home Workers than Most States
- Confirmed Tornado Caused Damage in Southeastern South Dakota
- U.S. Treasury Begins Inquiry Into Climate Risks in Insurance
- Floods, Outages Stall Oil Companies’ Efforts to Restart After Hurricane Ida
- Ascot Realigns Global Reinsurance With Launch of Ascot Re
- Ping An Insurance Denies Regulator Halted Sales of Alternative Investments
- Court Revives Bernie Madoff Customers’ $343M Clawback Suit Against Citigroup
- Toyota to Restart Paralympic Village Driverless Vehicles Following Accident
- Pandemic Uncertainty Hasn’t Slowed Private Equity Investments in Insurance: S&P Global
- ‘Mission: Impossible’ Movie Producer Sues Insurer Over 7 Coronavirus Stoppages
- Uber Proposes Gig Industry Benefits Model in Canada
- People Moves: New Hires at Buckle, Plymouth Rock Assurance
- Connecticut Insurance Department to Host Conference on Climate Change, Insurance
- Massachusetts Contractor Faces $1.3M in Penalties After Workers Die at Dig Site
- South Carolina Supreme Court to Hear Pair of Mask Mandate Lawsuits
- Insurers Settle Washington Boys Home Sex Abuse Case for $9M
- Heavy Rainfall Expected Across Southeast Tuesday as Ida Weakens
- Chubb Unit Insurance Dispute Complicates Boy Scouts Abuse Victims’ Deal
- People Moves: C3 in California Launches Construction Division with Heidemann, Hallett, Porlas, Shea
- Couple Files Lawsuit Over Shooting of Dog That Ran at Colorado Officer
- Higher Rebuilding Prices Expected to Boost Hurricane Ida’s Insurance Costs
- Parents File Suit for Children Injured on Washington Tilt-A-Whirl Ride
- Japan Sees a Future in Crewless Cargo Ships as First Autonomous Trial Voyage Nears
- California Agent Arrested, Charged with Theft of More than $1M
- Align Acquires Atlanta-Based Underwriting Manager NBIS
- Analysis: As Ida Strikes, Louisiana Still Waiting for Aid a Year After Laura
- New Law Impacts Missouri Insurance Producers, Insurers
- Chinese Regulators Seek More Control Over Internet Firms’ Algorithms
- Bankruptcy Judge Urges Holdout States to Settle Issues With Purdue Pharma, Sacklers
- FDA Tests for PFAS Found No Need to Avoid Processed Foods
- Ransomware Has Been a ‘Game Changer’ for Cyber Insurance
- China’s Regulator Probing Ping An Insurance’s Property Investments: Reuters
- New York Volunteer Firefighter Killed by Reversing Fire Truck
- Pennsylvania Woman Who Coughed on Market Produce, Claimed Virus Gets Jail
- Feds Say $31M Manhattan Trip-and-Fall Scam Used Homeless People as Pawns
- Companies Appealing Fines Following Georgia Nitrogen Leak That Killed Six
- Tesla Slams into Florida Highway Patrol Car on Autopilot
- Northeastern Iowa Tornado, Storms Damage Buildings, Crops
- Law Firms Battle Lawsuits Calling for SPAC Regulation
- More Sinking in Tilting San Francisco High-Rise Halts Repairs
- Fire Damages Harry Potter ‘Birthplace’ Cafe in Scotland
- Labor Force Participation Rebound Will Take Time: Research
- Nevada Jury Awards $38.8M to Family of Girl Killed by Trash Truck
- Hong Kong’s OneDegree Raises $28 Million in New Round of Funding
- Fines, but no Jail Time for South Dakota AG in Pedestrian Death
- Louisiana Governor Seeks Major Disaster Declaration After Ida’s Landfall
- Ida’s Economic Impact Could Spread Far Beyond Gulf Coast
- CoreLogic: Hurricane Ida Threatens 941K Homes with $220B in Rebuilding Cost
- Ida Loses Punch, Levees Hold; Louisiana Expects More Rain, Flooding
- Explainer: Is Hawaii’s Kilauea Volcano Going to Erupt Again?
- Notting Hill RRG Launches Long-Term Care Facilities Program
- Commercial Lines Sales Platform Sayata Raises $17M to Expand Beyond Cyber
- Video Shows Louisiana Trooper Pummeling Black Man
- Michigan Regulators Probing Utilities over Outages That Left 1M Without Power
- Homes, Outbuildings Burned in Minnesota Blaze
- Emergency Declaration in Arizona County Due to Flood Damage
- Japan’s Fukushima Plant to Build Undersea Tunnel to Release Nuclear Water Into Ocean
- Nirvana Sued in California by Man Who Was Nude Baby On Album Cover
- California Wildfire Threatens Lake Tahoe Area
- Insured Damage From Germany’s Deadly July Floods Estimated at €7B ($8.2B)
- How Automakers Are Navigating Differences Over COVID Vaccine Mandates
- Ruling on Purdue Pharma Bankruptcy and Opioid Settlement Delayed Until Next Week
- Microsoft Warns Thousands of Cloud Customers of Exposed Databases: Reuters
- Japan Vaccination Drive Faces Possible Setback Due to Contaminated Batch
- Online Thieves Divert $2.3M from New Hampshire Town of Peterborough
- Man Charged with Shooting at Connecticut Capitol
- Drought Disaster Relief Loans Available for Maine Businesses
- Update: New Orleans Notifies to Evacuate Some Areas, with Massive Storm Surge Expected; Southeast States Also Warned
- Judge Declines Plaintiffs’ Bid to Block J&J From Offloading Talcum Liabilities
- Ping An Insurance Profit Falls on Land Developer Investments
- Global Insurance M&A Drops 3% in 1st Half of 2021: Clyde & Co. Report
- Final Victim of Tennessee Flooding Found; Death Toll Stands at 20
- Alabama Convention Center Explosion Caused by Natural Gas Issue
- Cruises Revise COVID Guidelines Amid Reports of Breakthrough Cases
- Veterinarian-Turned-Insurance-Pro Sees Practitioners Thriving But Stressed
- Former Iowa Anchor Wants Age Bias Lawsuit to Change TV News
- New Mexico AG Takes More Steps to Intervene in Conservation of California Insurance Co.
- Report: More U.S. Residents Heading Toward Climate Change Dangers Than Away
- Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims
- DealerPolicy Raises $110M for Embedded Insurance for Retail Auto Sales Industry
- 56% of Insurance Companies Plan to Hire Within the Year: Jacobson
- NRA Canceling Annual Meeting in Texas Because of COVID
- Louisiana Hospital System Will Require Employees to Get Vaccinated
- Scientists Detected Earthquake Swarm at Hawaii Volcano
- US Golf Association Employee Charged in Embezzlement Scheme
- Animal Shelter Facing Human Staffing Woes
- Veterinarians Working Beyond Capacity
- Fire Crews Battle Blaze at Former Philadelphia Refinery Site
- Case of 76 in Massachusetts Veterans Home Who Died of COVID Lands in Court
- What Insurance Firms Promised at White House Cybersecurity Summit
- KCC Estimates Insured Loss From Hurricane Grace: $300M in Mexico, $30M in Caribbean
- People Moves: QBE Hires Swiss Re’s Mejia for LatAm Property U/W; Zurich Names Kasahara Chief Data Officer; Occam’s Green Joins Rokstone to Head Power Generation
- North Carolina Lawmakers Finalize Police Reform Bill Designed to Banish Undisciplined Officers
- Swiss Re Signs $10M Carbon Removal Purchase Agreement to Fight Climate Change
- Selma, Alabama Convention Center Damaged by Explosion
- More Canadian Businesses to Introduce Vaccine Mandates for Employees: Minister
- Canada’s Ruling Party Plans Tax Hike for Big Insurers, Banks to Fund COVID Recovery
- Insurers Need to Accelerate Exit From Oil & Gas Industry to Meet Climate Goals: Report
- Tennessee Flooding Damages More Than 270 Homes
- White House, Big Tech, Insurers Vow to ‘Raise the Bar’ on Cybersecurity
- Fire at Missouri Lawyer’s Office Apparently Arson, Police Say
- People Moves: IMA Names Droege Strategy Director; EPIC Adds Marshall in California
- Jury Denies Damages in Montana Wrongful Death Lawsuit
- No Official Determination of Cyberattack Method in Arizona
- Charges Filed in Crash That Killed Two in Wisconsin
- $40M in Hurricane Laura Repairs at Louisiana College
- Openly Brings Home Insurance Offering to Missouri
- People Moves: Insurtech Joyn Adds Schoberth; Chubb’s Lubin Joins Crum & Forster; TransRe Promotes O’Gwen; AXA XL’s Klimczak Moves to U.S.
- Biden Orders Disaster Declaration After Tennessee Flooding
- Guidewire Acquires Property Risk Data Firm HazardHub
- People Moves: Incline in Texas Makes Series of Hires, Promotion
- Illinois Gives Pie Approval to Acquire Western Select
- Lawsuit: Teens Sexually Assaulted in Illinois School Team Hazing
- Firefighter Dies While Working Oregon Wildfire, Officials Say
- California College Data Breach Exposes Student Requests for Vaccine Exemptions
- Startup Raises $60M to Flag Infrastructure Damage, Injuries Before They Happen
- New York Man Charged in $9M Fraud Conspiracy
- Brown & Brown of Massachusetts to Acquire Berkshire Insurance Group
- Cleanup Begins in Soggy Northeast as Henri Plods Back to Sea
- People Moves: Howden Names Willis’ Everling as CEO Netherlands, Corporate; Carpenter’s Christian to BMS Re; Aon Reins Hires TigerRisk’s Jackson in U.S.
- ‘Be Honest’: New Transportation Safety Chief Warns Robot-Car Claims Erode Public Trust
- UK Insurers Warned They Could Face Regulatory Action Over Car, Home Policies
- Insurtech ELEMENT and MGA Parametrix Launch Cloud Outage Insurance in Europe
- China’s Cities Aren’t Prepared for Extreme Weather Caused by Climate Change
- Mississippi City Will Require Security Cameras Outside Businesses
- People Moves: Chubb Names Georgia-Based Booker, Meyer to EVP Roles; Skipper Joins Palomar; The Villages Adds Dooley
- EY Fined $4.8M by UK Accounting Watchdog Over Audit of Transport Firm Stagecoach
- Georgia Officers to Train to Draw Blood From Drivers Suspected of DUI
- South Africa’s State Insurer to Raise Premiums to Cover Riot-Related Reinsurance Costs
- Insurer Lessons From UK Court Ruling on Business Interruption: Put Customers First
- Alera Group Acquires Sage Benefit Advisors in Colorado
- FDA’s COVID Vaccine Approval Makes Challenges to Mandates Tougher to Win
- Insurance Is on Agenda at Today’s White House Cyber Summit With Tech Leaders
- Washington Man Who Faked Job Injury Pleads Guilty in Workers’ Comp Scam
- Texas Coastal Windstorm Insurance Coalition Celebrates 50 Years
- M4 Earthquake Confirmed in Southeastern California
- Ohio Coaster Dropped Metal Plate, Injuring Woman
- Massive 2016 Flood Still Defines South Louisiana Parish
- Agency Partnership News Wrap-Up: Smart Choice, United Valley Insurance Services, Valley Insurance Agency Alliance, Keystone Insurers Group
- Reinsurance Prices Expected to Harden at Jan. 2022 Renewals – with Less Momentum
- Q&A on Fire Risk of Lithium-Ion Batteries in Electric Vehlcles
- North Carolina Flooding Claims Five Victims
- Man Sues Nebraska Sheriff After Pepper Ball Blinded Him
- Illinois County Settles with Nurse Over COVID Request
- Mulch Eyed as Erosion Control Following Colorado Wildfires
- California Firefighters Battling a Dozen Large Blazes
- People Moves: Coomer Joins Swiss Re’s iptiQ as CTOO; COGITANDA Hires Gerety from Liberty Specialty as Chief Ins. Officer; Ki Names Hodgson 1st CTO
- People Moves: New Hires at Verisk, LL Global; RT Specialty Promotes Amara
- Jury Nixes Claims Against Air Rescue Firm in Fatal Accident
- Henri Hurls Rain as System Settles Atop Swamped Northeast
- ‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes
- Cyber Attacks Make Working From Home Costly for German Businesses: Report
- Hub International Agrees to Buy Aviva Canada Unit, National Home Warranty Group
- Call Center Humans vs. Automation: How to Make Inertia Work for Firms and Customers
- SEC Eyes Rules for Financial Firms’ Digital Engagement Practices: Reuters
- New Wildfires Break Out on Greece’s Evia Island
- CVC Capital Completes $700M Purchase of RiverStone Europe from Fairfax
- Fire on Mexico’s Pemex Offshore Oil Platform Kills at Least 5 Workers, Cuts Production
- Kentucky Supreme Court Rules to Limit Governor’s COVID Emergency Powers
- Climate Change Exacerbated Germany’s Deadly Floods: Report
- NTSB: Bridge Crew at Fault in Anchored Ship’s Costly New Orleans-Area Crash
- Ohio Roller Coaster Closed After Object Flies Off Ride, Injures 1
- Hurricane Laura Hit Louisiana a Year Ago but Recovery Is Ongoing
- Paying an Appraisal Award Doesn’t Always Bar Prompt Payment Liability: 5th Circuit
- Bankruptcy Judge Says Purdue Pharma’s Sacklers Face ‘Substantial’ Liability Risk
- At Deadline, 6 States Had Not Joined $26B Opioid Settlements with Distributors, J&J
- Tennessee Rescue Search Continues After Historic Flooding
- Alliant Acquires Northern California-Based ASURA Risk
- FDA Grants Full Approval to Pfizer-BioNTech COVID-19 Vaccine
- People Moves: Aon Reinsurance Appoints 6; TigerRisk Hires Edwards from Lloyd’s; Nexus Names Tan Head of Treaty; Riveros to AXIS Re for Credit & Surety
- Prosecutors in Louisiana Reach $2M Settlement with Exonerated Man
- Judge: California Ridesharing Law Is Unconstitutional
- Applied Sets Acquisition Completion of Alaska Timber Insurance Exchange
- OSHA Proposes $1.3M in Penalties Over Massachusetts Worker Deaths
- Biden Administration Sanctions Russian Insurer for Nord Stream 2: Report
- Alera Group Acquires Third-Party Administrator Related Risk
- P/C Insurers Boosted Underwriting Net Income 28% in First Half of Year: AM Best
- Rain Falls at Highest Point on Greenland’s Ice Sheet for 1st Time on Record
- It Turns Out That Humans Are Secret Weapon for Autonomous Vehicle Startups
- Boy Scouts Delays Bankruptcy Step After Judge Questions Legal Fees, Insurer Deal
- Greece Wildfire Destroys Jobs of Pine Resin Collectors
- Storm Henri Causes Flooding, Power Outages in Northeast; Heavy Rains to Continue
- T-Mobile Now Says Data Breach Affects More Than 50 Million Customers
- UK Broker Tysers Launches Platform for End-to-End Digital Processing, Called Tconnect
- GM Recall Due to Fire Risk Covers All Chevrolet Bolts
- Insured Losses from European Floods Estimated at $6 Billion-$7.7 Billion: RMS
- Canada’s Five Biggest Banks to Require Their Employees to Be Fully Vaccinated
- Giant Container Ship, Which Blocked the Suez in March, Again Crosses the Canal
- Catastrophic Flooding Takes 22 Lives in Tennessee; More People Missing
- Hurricane Grace Crosses Mexico, Killing at Least 8 People
- Former Alabama Officer Sentenced 25 Years for Killing Suicidal Man
- Florida Cybersecurity Agency Hampered by Vacancies
- Forest Service: Lightning Caused Minnesota Wildfire
- Flood-Weakened Tracks a ‘Probable Cause’ in 2019 Fort Worth Train Derailment
- 1 Person Dies in DUI Accident Every 9 Hours in Texas, Officials Say
- People Moves: Harrington to VP at GJS Re; Kansas Association of Insurance Agents Adds Werth
- Michigan Issues C&D Order Against Aliera Companies, Connected Businesses
- People Moves: Lockton Names Michon President in California; Alliant Adds Racunas
- State Fund Offering Credit Extension to Policyholders Impacted by California Wildfires
- Wyoming Marijuana Signature Effort to Begin in Early September
- Former California Agent Allegedly Stole $1.2M from Elderly Consumers
- Judge Grants Conditional Approval for Boy Scouts Sex Abuse Bankruptcy Plan
- Effective Sept. 1 All Auto Insurers in Texas Must File Rates with Actuarial Support
- Texas Summarizes Workers’ Comp Bills Passed in 2021
- Some Rural Midwest Bankers Concerned About Drought’s Impact on Business
- Willis Towers Watson Promotes Mead to Canadian Property/Casualty Broking Leader
- People Moves: Former Willis Re CTO Joins Placement Platform Supercede; Sedgwick Hires Cordingley for Event Response in Australia, Cooper for Asia Biz Development
- Florida-Based King Insurance Acquires Robert Blakeley
- Six Maryland Law Enforcement Officers Facing Fraud-Related Charges
- Maine Enacts Law That Will Ban Use of ‘Forever Chemicals’ in All Products by 2030
- California Wildfire Season Setting a Record, More Damage Expected
- Lawsuit Filed in Wyoming Says Mixup Kept Family at Gunpoint
- Nevada Senator Wants Ideas to Address Wildfire Smoke
- ‘Best Agency to Work For’ Nominations Open: Submit Now
- AM Best Assigns ‘B++’ (Good) Credit Rating to Bermuda-Based ASR Re Ltd.
- Tropical Storm Henri Could Strike New York, New England as Hurricane Starting Sunday
- Digital Auto Insurer Root Will Add Independent Agents to Its Distribution
- Climate Activists Plan 2 Weeks of Protest in City of London
- Mosaic and DXC Technology Launch Technology Platform for Specialty Insurance
- Russia’s Nord Stream Pipeline 99% Complete, but Insurance Needed Before Gas Flows
- Tech Giants Are ‘Too Big to Fail’ Because They Host Insurers, Banks on Cloud Platforms
- People Moves: CSRisks Promotes Sedliak; Pinnacle Adds Linton in Tennessee
- Fourth Person Charged over Failed South Carolina Nuclear Plant Project
- Mining Giants Face Reckoning About Sexual Harassment as BHP Fires 48 Workers
- New University of Iowa Utilities Contractor Fined After Worker’s Fall
- Louisiana’s Orleans Parish to Pay $2M to Exonerated Man in Settlement
- Kansas City Police to Pay $200K in Settlement With Demonstrator
- Early COVID-19 Vaccinations Prevented 140,000 Deaths: Study
- With Federal Legalization Expected, Cannabis Insurers Quietly Get Ready to Roll
- California Commissioner Issues Non-Renewal Moratorium to Aid Policyholders Affected by Wildfires
- Texas Takes 1.6K Commercial Vehicles Off the Road After International Roadcheck
- Hackers Steal More Than $94M from Japanese Cryptocurrency Exchange
- Wildfire Grows to 5 Square Miles in Northeastern Minnesota
- Outlooks Revised to Positive for Oklahoma’s National American Insurance
- Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s
- Broker Willis Alleges Unlawful ‘Raid’ on Employees, Clients by Competitor Alliant
- Alaska School District Agrees to Settle Abuse Lawsuit for $3.8M
- Judge Tosses Most Claims in Oregon Armed Occupation Death Suit
- California Drought Hurting World’s Top Almond Producer
- New Jersey Domestic Violence Victim Suing Prosecutor Over Being Named
- Workers at Massachusetts Veterans’ Home at Center of COVID-19 Outbreak Sue
- Massachusetts Utilities Seek to Stretch Reimbursement for Storm Damage
- Biden Administration to Require Nursing Home Employees to Get COVID-19 Vaccine
- Goldman Sachs to Buy Asset Management Arm of Insurer NN Group for Nearly $2B
- California Wildfires Are Exhausting 10,000-Strong Army Fighting Them
- States Weighing $26 Billion Opioid Settlement Face Saturday Deadline
- Parametric Catastrophe Insurer CCRIF to Make Record Payout of $40M for Haiti Quake
- TechAssure Launches Cyber Threat Sharing Community to Fight Ransomware
- Why Haiti Is Prone to Deadly Earthquakes
- South Carolina Supreme Court Allows University to Institute Mask Mandate
- UK Court Approves $14 Billion-Plus Class Action Against Mastercard
- Tokio Marine Insurance Singapore Hit by Ransomware Attack
- 4 Texas School Districts Close Due to Virus Outbreaks
- Family of Man Killed During Kenosha, Wisconsin, Protests Sues Police
- Marsh and Citi Develop Risk Program With 6 Insurers to Deliver Vaccines Globally
- People Moves: Korte Named Sr. VP at CNA; Stephan Joins The Plexus Groupe; Ryan Specialty Group Adds Behren
- Insurers Await Judge’s Ruling as Boy Scouts Bankruptcy Hearings End
- Former Purdue President Sackler Says Family Did Not Contribute to Opioid Epidemic
- Surfside Collapse Victims File Consolidated Complaint Against Condo Association
- North Carolina Gov. Cooper Issues State of Emergency After Tropical Storm Fred Causes Historic Flooding
- Oklahoma ‘Green Rush’ Fueled by Colorado Pot Entrepreneurs, Low Barriers to Entry
- People Moves: Africa Specialty Risks Names Bheenick as Mauritius Managing Director; WTW’s Whyte Joins Miller for APAC Expansion
- Dozens of Homes Evacuated as Minnesota Wildfire Spreads
- Astros Settle Case of Girl Hurt by Foul Ball, Attorney Says
- University Opposes State’s Attempt to Trademark ‘Team Kentucky’
- 1 Mayor Sentenced, 1 Pleads Guilty in Illinois Town’s Insurance Procurement Case
- Swiss Re Hires CNA’s Stephenson to Lead Casualty; Richards Named CEO UK & Ireland
- EEOC Sues Florida Applebee’s Franchise for Race and Sexual Orientation Discrimination
- Ratings Changes for P/C Insurers Up Moderately, Says AM Best
- Catastrophe Bond Market Breaks New Record with $8.5 Billion of Securities Issued
- Judge Allows Discrimination Lawsuit to Proceed Against University of Idaho
- California Judge Tosses School Board Member’s $87M Suit
- Wildfires Advancing Through Northern California
- J. Morey Acquires Aihara & Associates in California
- CDC Creating New Real-Time Disease Forecasting Center
- Connecticut Insurance Department Releases National Survey on Climate Risk
- Virus Concerns Again Force Cancellation of New Jersey Marathon
- New York Let Childhood Sex Abuse Victims Sue; 9,000 Went to Court
- Classic Car Specialist Hagerty to Become Public Company in SPAC Deal
- Insurtech Blue Marble Launches Weather-Index Crop Insurance for Pakistani Farmers
- OneAdvent’s Financial Lines MGA Secures Capacity from Active Re
- T-Mobile Says Hackers Stole 7.8 Million Current Customers’ Personal Data
- Amazon Enters India Wealth Management with Investment in Smallcase Technologies
- Groundbreaking Climate Court Victories Face Problems with Enforcement
- Global Fast Fashion Brands Helping to Drive Pollution of African Rivers: Report
- People Moves: ClearPath Promotes Mudd; Beecher Carlson Adds O’Reggio
- SEC Working to Require Corporate America to Disclose Workforce Data
- Sacklers: Purdue’s ‘Moral Responsibility’ to Pay for Opioid Crisis Tied to Liability Shield
- Hacking, But Make It Ethical: How ‘The Good Guys’ Are Boosting Cybersecurity
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