News for December 2022
- Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters
- Global Natural Catastrophe Insurance Losses Estimated at $112B in 2022: Carpenter
- Highway Fatalities Top 170 in Maine
- Pennsylvania Helps Buffalo Clear Snow; State Acts on Insurance, Banks, Flood Risk
- Ohio Supreme Court: Ransomware Did Not Cause Direct Physical Loss
- Oklahoma Airport Says Air Force Charter Damaged Runway
- Heating Methods Suspected in Ohio Fire After Family of 6 Killed
- One Storm Departs California as Another Lines up to Enter
- $5.4B Insured Losses from Winter Storm Elliot: KCC
- Insurance M&A Activity Slowed in 2022: S&P
- Not Time to Celebrate Soft Market but Commercial Insurance Rates Are Stabilizing
- Ransomware Did Not Cause Direct Physical Loss, State High Court Says
- 2022 Will Be UK’s Warmest Year on Record: Met Office
- How Will Japan Secure Shipping Insurance for Imports of Russian LNG?
- Exxon Sues to Force EU to Scrap New Windfall Profits Tax on Oil Companies
- Top 10 International Insurance Journal Stories of 2022
- Top 10 National Insurance Journal Stories of 2022
- Top 10 West Insurance Journal Stories of 2022
- AM Best Gives A+ Rating to PartnerRe’s New MGA-Driven Insurance Ops
- Google, YouTube Content Providers Must Face U.S. Children’s Privacy Lawsuit
- Ship Insurers’ Exodus From Russia-Ukraine Risks Gathers Momentum
- Top 10 Midwest Insurance Journal Stories of 2022
- Top 10 South Central Insurance Journal Stories of 2022
- First Florida Joins Forces with King Insurance
- Top 10 Southeast Insurance Journal Stories of 2022
- People Moves: SAIF Promotes Brigitte Hamilton Vice President of Claims
- OSHA Penalties Upheld Against Vermont Cable Firm Over Death at New York Site
- Florida Crops Appear to Have Escaped Serious Damage From Unusually Cold Weather
- Top 10 East Insurance Journal Stories of 2022
- Red Roof Inns Fined $43K Over Ohio Disability Discrimination Suit
- Judge Eyes Sanctions Against Tx. Law Firm for Filing Frivolous Lawsuits
- Oil Refiners Restoring Lost Output After Arctic Blast
- Burst Pipe Forces Indianapolis Museum to Close for Cleanup
- New Insurance Protections for California Consumers Next Year
- LastPass Says Hackers Stole Customer Data, Encrypted Passwords
- No Damage, Injuries From M4.2 Northern California Earthquake
- New Work-Related Laws Taking Effect in Washington
- FTX Customers File Class Action to Lay Claim to Dwindling Assets
- London Law Firms Face Reckoning in 2023 After Big Salary Hikes This Year
- Overseas Companies Welcome China’s Decision to End Quarantines for Visitors
- North Korea Hackers Stole $1.2B in Virtual Assets Over 5 Years: Spy Agency
- Insurer Finds Connecticut Public Buildings Free From Foundation Problems of Homes
- Death Count Rises as Buffalo Digs Out From ‘Worst Storm’ in Lifetime
- Allstate Commits to 2030 Net Zero Emissions Goal
- Putin Bans Russian Oil Exports to Countries Implementing Sanctions-Related Price Cap
- Ship Insurers to Cancel War Risk Cover for Russia, Ukraine Following Reinsurer Exit
- The SEC’s Crypto Crackdown Is Just Getting Started After FTX Blowup
- Southwest Cancels Thousands More Flights; U.S. Government Vows Scrutiny
- U.S. FDA Weighs Regulating Cannabis Compound CBD in Food, Supplements
- Lindberg’s Top Associate To Be Sentenced After Pleading Guilty to Fraud Charges
- Extreme Heat in Florida: Miami-Dade Has a Plan
- Polar Park Construction Manager Pays $1.9M Over Minority Hiring Pledge
- Judge Permits Claim for Business Lost While Helping Clients Recover From Data Breach
- Grohs Schrager Hampson Aviation Acquires New Jersey’s Wings Agency
- Deep Freeze Breaking of Pipes in Deep South Threatens Water Systems
- Missouri Men Sentenced in Catalytic Converter Theft Ring
- Minnesota Environmental Reviews Now Include Climate Impact
- Texas’ ERCOT Given Federal Permission to Exceed Air Quality Limits
- Arthur J. Gallagher & Co. Acquires Illinois’ ROC Group
- Oklahoma Piping Inspection Company to Pay $250K EEOC Fine
- Hilb Acquires OceanPoint Insurance in Rhode Island
- Alabama Landfill Still Burning After a Month, Shrouding City in Smoke
- Former California Insurance Agent Sentenced After Embezzling Clients’ Premium Payments
- Maritime Liability Rules Changed After Deadly 2019 California Boat Fire
- Washington Contractor Fined $400K for Repeat Fall Protection Violations
- Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies
- Why Remote Work Will Continue in 2023
- Key Biden Administration Labor Policies Will Face Legal Challenges in 2023
- Russian Airlines Explore Buying Stranded Jets From Western Leasing Firms
- President Biden Approves Emergency Declaration for New York Counties
- Extreme Cold, Travel Chaos to Continue Into This Week
- Credit Agricole Strikes Long-Term Bancassurance Deal with Banco BPM
- Japan Urges Its Insurers to Retain Marine War Cover for LNG Shippers in Russian Waters
- U.S. Judge Bars 3M From Shifting Earplug Liability to Bankrupt Unit
- Government Funding Bill to Bolster U.S. Antitrust Regulators
- Facebook Parent Meta to Settle Cambridge Analytica Scandal Case for $725M
- Florida Attorney Strems Disbarred; Public Adjuster’s License Could be Revoked
- Alex Jones Loses Bid to Have Sandy Hook Verdict Set Aaide
- New Jersey Gov. Murphy Signs Gun Carry Bill
- Title Insurer Stewart Agrees to $2.5M ‘No-Poaching’ Settlement With New York
- Baltimore Police Say Carjackers Targeting Rideshare Drivers
- Lawsuits Alleging Maine Church Knew About Sex Abuse Now Number 14
- People Moves: Sompo Int’l Taps Berkshire’s Crozier for UK Casualty; AXA XL Re Promotes Abend for Bermuda Property; Gallagher Re Names Senior Leaders in Holland
- State Fund Offering Extended Credit to Policyholders Affected by California Quake
- Florida Citizens’ CEO Gilway Announces Retirement
- Michigan Sues Paper Company Over PFAS-Contaminated Waste
- Michigan’s Proctor Financial to Pay $67K Over Retaliation Suit
- Buffalo Bus Driver Gets 5 Years Probation for Workers’ Compensation Claims Fraud
- Texas Officials Confident in Power Grid as Temperatures Plummet
- Louisiana Workers’ Comp Rates to Decrease 12.2% in 2023
- Storm Adds Uncertainty to Strong Holiday Travel Demand
- Howden Acquires Italian TV and Film Broker Assimovie
- Women Sexually Abused by ICU Nurse Sue Colorado Hospital
- Chinese Electric Automaker Nio Hit by Ransomware Attack
- ACORD Study Highlights Drivers of High Performance Among Top U.S. Insurers
- Suits Over Carolina Cheerleader Abuse Allegations Now Include Racketeering Claims
- Verisk to Acquire Swedish Claims Insurtech Mavera
- Gallagher to Acquire HR, Benefits Firm Buck For $660 Million
- Tennessee Pauses Highway Lane Closures, Some Construction During Holidays
- Progressive Lowers Loss Estimate From Hurricane Ian By $400M
- One Dead, Another Injured During Ammonia Leak at Massachusetts Food Plant
- Monsanto Moves to Halt School Demolition by Vermont City Suing It Over PCB Chemicals
- Hollywood Christmas Disaster Claims Mostly Covered: Insurance.com
- Top Court Grants a Mulligan, Overturns $3.5M Penalty Against Club for Errant Golf Balls
- UK Insurers, Banks Hope for Substantive Financial Services Reforms in 2023
- Insurance Rates to Stay Flat for Shipments of Ukraine Grain: Lloyd’s Insurer Ascot
- Investigators Probe Failure of Italy’s Vega C Rocket; Satellite Insurers Expect Profit Hit
- NHTSA Investigating if Hertz Rented Unrepaired Recalled Vehicles
- Top White House Cybersecurity Official Plans to Step Down
- Navajo Company Sues BNSF Railway Over Coal Transportation
- Update: United to Pay on Claim After Policyholders Cried No Response on Damage
- People Moves: Powers Adds Goode in Colorado
- Thousands Still Without Power in Northern California Following M6.4 Quake
- Ohio’s Oberlin College Completes Paying Out $25M Judgment in Libel Lawsuit
- People Moves: Ohio Dept. of Insurance Restructures Office of Legal Services; N.D. Commissioner Godfread Elected VP of NAIC
- Texas Bankruptcy Judge Allows Sandy Hook Cases Against Jones to Proceed
- Cadence Insurance Acquires Texas-Based Warriner & Associates
- Tenn. Chalks 10% Cut in Workers’ Comp Loss Costs, Marking a Decade of Reductions
- Arthur J. Gallagher Acquiring Brazilian Broker Interbrok
- City of Buffalo Sues Gunmakers Under Public Nuisance Law
- White Mountains Subsidiary Ark Sponsors Prop-Cat Re Sidecar
- Georgia Appeals Judge, Former Insurance Department Counsel, Dies Unexpectedly
- Customer Satisfaction With Digital Claims Declines Again: J.D. Power
- Chubb Announces Plans for New Philadelphia Office
- AXIS CEO Benchimol to Retire; Tizzio to Succeed
- EPA Finalizes Tough Emissions Rules to Cut Pollution From Heavy-Duty Trucks
- Exxon Avoids Hiring Tankers That Previously Transported Russian Oil
- Philips Says Tests on Recalled Respiratory Devices Show Limited Health Risks
- Johnny Depp, Amber Heard Settle Defamation Appeals
- Study Shows How Machine Learning Could Predict Rare Disastrous Events
- Wells Fargo to Pay $3.7B for Illegal Conduct That Harmed Customers
- Kentucky Supreme Court Clears Cincinnati Insurance of $4.6M Verdict in Bad-Faith Suit
- Hilb, Patriot Growth, Oakbridge Continue Expansion with Southeast Agencies
- Washington and Alaska Crabbers, Fishermen Seek Aid After Disaster Declaration
- $698M Deal Ending Oregon’s Monsanto PCB Pollution Lawsuit
- Judge Sends Philadelphia Eagles, 76ers Covid Insurance Ruling Into Overtime
- New Jersey Lawmakers Pass Gun Carry Bill With Insurance Mandate
- California Workers’ Comp Bureau Says Premium Fell Sharply Beginning in 2Q 2020
- Report: California, Hawaii Had Among Nation’s Worst Ranked Roads
- M6.4 in Northern California Leaves Tens of Thousands Without Power
- Hilb Group Expands in New York Region With Commercial Book Acquisition
- 3M Will Stop Producing ‘Forever Chemical’ PFAS by End of 2025
- Winter Storm Rattling Busy US Travel Season With Cold and Snow
- California Approves Roadmap for Carbon Neutrality by 2045
- Massachusetts Fines Benefit Manager Over Workers’ Compensation Drug Prices
- 11 Seriously Injured by Turbulence on Hawaii Flight
- Investment Firm Altaris to Acquire Trean
- Georgia Insurance Agent Sentenced After Conviction on Fraudulent Comp Certificates
- Fire Heavily Damages Buildings at Indiana Farmers’ Co-Op
- Officials Release Report on 2019 Explosions at Port Neches Chemical Plant
- Missouri Insurance Director Lindley-Meyers Elected President of NAIC
- North Dakota Insurance Department Receives Five-Year Accreditation
- Death Claim Filed Too Late for Malpractice Reform Law, Says Pennsylvania High Court
- Sompo Int’l Completes Sale of Lloyd’s Run-off Business to Legacy Specialist RiverStone
- Families Shattered by Tornadoes in Gulf
- EU Forms Landmark Deal to Bolster Carbon Market as Centerpiece of Green Strategy
- EU Unity Over Russia Sanctions Falters as Europe’s Economy Weakens
- Fund Managers Frustrated Over Confusing ESG Regulations
- To Compete for IT Talent, Industry Must Embrace the Cloud
- Elon Musk Claims He Was Doxxed. But What Exactly Is That?
- Biodiversity Emerges as New Risk for Asset Managers After UN Summit
- Florida’s Ascendant Names Three to Marketing Positions
- Dog Attack Clearly Excluded From Apartment Complex Owner’s Policy
- California Subcontractor Hit with $1.3M in Wages and Penalties
- Small 3.6 Earthquake Confirmed in Northern California
- Risk Strategies Buys Florida Condominium Insurance Agency
- First MainStreet Enters South Dakota
- OSHA: Amazon Failed to Record Some Warehouse Injuries
- Insurers May Refuse to Cover Planes, Ships Exposed to Ukraine Conflict: Sources
- UK MGA Pen Underwriting Launches Claims Hub Dedicated to Property, Liability
- German Authorities Recover Significant Part of Haul From 2019 Jewelry Heist
- Maryland High Court Joins Others in Backing Insurer in Covid-19 Claims Denial
- “Fortnite” Maker Epic Games to Settle Alleged Privacy Violation for $520M
- Arthur J. Gallagher & Co. Acquires NEK Insurance in California
- Judge Halting Provision Making California Gun Lawsuits Costlier
- Binance’s Books Are Black Box, Filings Show, as Crypto Giant Tries to Rally Confidence: Reuters
- CyberCube Gets $50M in Financing for Cyber Risk Analytics
- New York Jury Convicts Lawyer, Doctor in $31M Trip-and-Fall Insurance Fraud
- Texas Manufacturer Fined $298K for Ignoring Workers’ Concerns
- Insurers Denying Coverage to FTX-Linked Crypto Firms as Contagion Risk Mounts
- Ohio Court Rejects Caps on Damages in Some Child Rape Cases
- Investigators in West Texas Following 5.4 Earthquake
- Louisiana Officers Charged in Black Motorist’s Deadly Arrest
- Congress Passes New Law on Tourist Boats After Missouri Tragedy
- Citi, Revlon Lenders Reach Deal Over $500M Accidental Payment
- Appeals Court Punts on Whether NC Guaranty Fund is Bound by Medicare Payer Act
- Transgender Worker Sues New Hampshire Employer Alleging Bias in Health Plan
- California Occupational Safety Board Votes to Adopt COVID Prevention Regulations
- Massachusetts Adds Cannabis Risks Curriculum to Driver Education Program
- Florida Gov. DeSantis Signs Bill Seeking to Stabilize Insurance Market
- South Carolina Grand Jury Adds Tax Evasion to Murdaugh Charges
- Virginia Beach Settles With Lynch Family Over Police Shooting
- Kinsale Acquires Property in Richmond
- People Moves: Markel Int’l Promotes Green to Head of U/W Risk, Higgins to Head of Cat Mgmt; Fidelis Promotes 3 Senior Leaders Mathias, Bellamy and Davern
- Virginia County School Administrators Facing Trials Over Response to Sexual Assaults
- Munich Re to Launch Specialty Insurance Division
- 8 Hurt in Fire at New York Police Evidence Warehouse
- Texas Supreme Court to Hear Case on Liability for Railroad Crossing Collision
- OSHA Cites Ohio Roofing Contractor for 8th Time
- Hacker Claims Breach of FBI’s Critical-Infrastructure Portal
- Financial Stress Harming Workers’ Mental Health: The Hartford
- Keystone Pipeline Spill Cleanup Gets Complicated Due to Diluted Bitumen
- People Moves: EMC Appoints Pulkstenis CUO; 2 Senior Hires at Cover Whale
- Lawsuit Against State Farm Alleges Racial Discrimination in Claims Handling
- RiverStone Enters Loss Portfolio Transfer Reinsurance Agreement With AXIS Capital
- Texas Republicans, Financial Executives Spar Over Climate Actions
- Michigan Ex-Boy Scout Leader Sentenced on Sex Abuse Charges
- Could G-7 Sanctions Against Russia Have Unintended Insurance Consequences?
- West Virginia Puts All DMV Transactions Online, Speeding Process for Motorists, Insurers
- NC Lawmaker Calls for Removal of State Disaster Recovery Director
- Oil Tanker Owners Show Signs of Shunning Russia’s Crude in Response to G-7 Sanctions
- Tornadoes, Storms Leave Trail of Destruction From New Orleans to Great Plains
- Safety Probe Opened Into Autonomous Driving System in GM’s Cruise Vehicles
- Markets/Coverages: QBE Europe Launches Warranty & Indemnity Product; Miller Launches D&O Product for UK Construction Sector
- Ship Reinsurers to Cease Covering War-Related Risks Related to Conflict in Ukraine
- Twitter Must Notify Laid-Off Workers of Pending Lawsuit, Judge Rules
- Ewing-Leavitt Acquires Stolte Insurance Agency in Colorado
- California School District Sued in Student’s Overdose Death
- Florida Insurance Commissioner Resigns, Gives No Reasons or Future Plans
- 1 Dead, 11 Hurt in Southern California Bus Rollover
- Higginbotham Acquires Texas’ TrueStar
- Calling All Top P/C Agents: Agents of the Year Nominations Now Open
- South Central Storms Linked to 2 Deaths in Louisiana
- Texas Explosion Not Caused by Drug Lab
- Michigan Police Department Faces Discrimination Charges
- Company Starting to Recover Oil From Kansas Pipeline Spill
- Evertree Acquires Illinois’ Gnade
- People Moves: Int’l Underwriting Assoc. Names LSM’s Hobbs as Chair, Succeeding Kuchinski; Howden Appoints Lehmann as Head of Climate Analytics
- Higginbotham Adds Burkholder Insurance in Mobile, Alabama
- Bike Shop Owner Killed While Delivering Bikes for Ian Victims Remembered
- Kuczinski to Retire as CEO of Munich Re US P&C Companies
- Hub Acquires Georgia-based Chatham Insurance Partners
- D&O Buyers See More Capacity, Competitive Conditions, but Risk Factors Loom: Allianz
- GM Recalls 825,000 Trucks, SUVs Over Headlight Issue
- People Moves: DeNexus Adds Luccitti in California
- California Lumber Mill Linked to Deadly Blaze Settles
- Keystone Oil Spill Cleanup Expected to Last Weeks
- Fired Police Accountability Director in Idaho Files Lawsuit
- Courtroom Predictions for 2023 From Clyde & Co
- Fire on Vermont Dairy Farm Destroys Barn, Kills 40 Cows
- GEICO, Location-Tech what3words Partner to Enhance Roadside Assistance
- Monsanto Balks as Vermont City Sues Over PCB Contamination of School
- Alcohol Causes 1 in 20 Deaths in Massachusetts, Boston University Report Shows
- City of London Workers Pushing for Cross-Border Remote Working: Survey
- Bridging the Insurtech Divide with Data in 2023
- Arthur J. Gallagher & Co. Acquires Aviation Insurance Australia
- Rising Climate Costs to Challenge Companies, Countries in 2023
- Great SPAC Crash of 2022 Deepens as Investors Cash Out in Droves
- Florida House Approves Historic Insurance Reforms, Sending Bill to Governor
- Court Defines Insurance Broker’s Duty to Inform LLCs About Workers’ Compensation
- Texas DWC Names Proposals on Designated Doctor Rules
- Church Officials Clear Chicago Priest of Abuse Claim
- Bird Flu Found in Indiana Snow Geese, Suspected in Turkey Flock
- Massive Storm Brings Tornadoes to South Central, Blizzard Threat to Plains
- ‘Far Too Many’ Companies Fail to Disclose Environmental Data, CDP Shows
- University Of Idaho Settles Students’ $90K Lawsuit
- Montana Woman Sues Over Rape, Pregnancy at Age 11
- Jensten Group Acquires UK Specialist Broker Basil Fry & Co.
- Most Small SUVs Flunk Updated Insurance Industry Crash Tests
- TPG Telecom Joins Growing List of Australian Companies Hit by Cyber Attacks
- Aston Lark Buys Commercial Direct Marine Trade Book From Navigators & General
- 3M Faces Claim in Netherlands Over ‘Forever Chemicals’ Pollution
- Safety Agency Confirms Another Air Bag Death, This one in Kentucky
- Abu Dhabi’s ADQ Leads Consortium to Buy Stake in Israel’s Phoenix Group
- Three Children Killed in North Carolina House Fire
- Risk Strategies Acquires Worldwide Assurance Agency in Miami
- People Moves: Beal Leads Nationwide National Partners; Acrisure New Leadership Team; WSIA New Diversity Board Members
- Meta Platforms Accused in Lawsuit of Amplifying Hate Speech in Africa
- Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard
- Climate Change Could Cost Pension Funds Billions of Euros: EU Watchdog
- Taylor Swift, Songwriters Agree to End ‘Shake It Off’ Copyright Case
- Google Defeats One Suit Over Chrome Data Privacy Practices
- Independent Adjusters Charge Florida Insurers With Doctoring Damage Estimates
- People Moves: EverQuote’s Bishop Joins Plymouth Rock; Gada Joins Alliant in New Jersey
- AM Best Downgrades Mid-Hudson Group
- New York Politician Who Ran for Mayor Sues Sex Misconduct Accuser for Defamation
- New York Enacts Law Protecting Hate Crime Victims in Insurance Dealings
- ALKEME Acquired Robert Bell Insurance Brokers in California
- Texas Church Bus Crash Injures 16, Including 13 Children
- Blast at Texas Construction Company Kills 4
- Wisconsin Manufacturer Fined $250K for Workplace Hazards
- Ohio Supreme Court: No Coverage Owed for COVID Business Shutdown
- Career Certified Acquires Kansas-Based Licensing School A.D. Banker
- UK Non-Bank Institutions (Such as Insurers) Face 1st Stress Test After Pensions Turmoil
- Subaru Recalls 271,000 U.S. Vehicles, Urges Drivers to Park Outside
- People Moves: Workers’ Comp Bureau in California Adds Cooper
- Oregon Announces $17M Settlement with Centene
- Scientists Say Eruption of Hawaii Volcano Continues to Ease
- Two Firefighters Die in Pennsylvania House Fire
- Network Merger: New Jersey Alliance’s 22 Agencies to Join Keystone Group
- U.S. Commercial Lines Prices Up 5% in Q3: WTW
- Georgia City Mayor and Wife Killed in DUI Crash; Other Driver Charged
- Uninsured Motorist Coverage Does Not Apply to Horse-Drawn Buggy
- Three Months After Liquidation, FedNat Holding Co. Files Chapter 11 Bankruptcy
- Generali Raises Projected Profit Boost From Purchase of Cattolica
- Insurers and Turkey Reach Deal to Let Oil Tankers Sail Unhindered: Norway’s Gard
- Indian Tycoon Birla Weighs Selling Insurance Brokerage Unit: Sources
- FTX Founder Bankman-Fried Arrested in Bahamas at Behest of U.S. Prosecutors
- Russia Insurer Ingosstrakh Has No Plans to Fill Insurance Gap Caused by Sanctions
- Spyware Hacks of Federal Workers Could Run Into Hundreds, Lawmaker Says
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