News for March 2023
- Texas Department of Insurance Updates COVID Data Call Results
- 6 People, 5 of Them Children, Injured by Carbon Monoxide in Fort Worth
- Wisconsin Roofing General Contract Fined $28K for Unsafe Work Conditions
- Judge Awards $4.7M Verdict in Chicago Police Chase Crash
- Fiery Train Derailment in Minnesota Forces Evacuations
- People Moves: Corvus Insurance Names Gangu President; Watt New Chief Claims Officer at Axis
- People Moves: Chubb’s Tripp Joins AmTrust as Regional VP for MidAmerica
- Justice Dept Sues Norfolk Southern Over Ohio Train Derailment
- Massachusetts to Investigate First Republic Executives’ Stock Sales: Reuters
- AM Best Revises Outlooks to Negative for Virginia’s Northern Neck Insurance
- California Jury Awards $46M to Paralyzed Jiu-Jitsu Student
- FEMA Index Offers Closer Look at Social Risks in Disaster Resilience
- Whipped Cream Vodka Not so Sweet for Florida Woman Linked to False Insurance Claims
- Quietly, Disney May Have Undermined DeSantis’ New Governing Board
- R&Q’s Quilter Steps Down as CEO, Retires at Year-End; Spiegel Becomes New CEO
- Britain to Reform Accountability Rules for Senior Bankers, Insurance Executives
- People Moves: Everest Taps Chubb’s Chaves to Lead Mexico Operations; BMS Names Munich Re’s Tigleanu for Cyber Strategy; Miller Hires Dipati in Singapore Energy Team
- Gallagher Launches in Sweden Following Integration, Rebranding of 3 Acquired Brokers
- Porsche SE Wins Crucial Ruling in Stuttgart Investor Class-Action Lawsuit
- Britain Sets Out Next Steps to ‘Green’ its Financial System
- Walmart Faces Second Lawsuit This Week Over Treatment of Workers
- Less Than Half of US Workers Use All Their Vacation Days
- Richemont Builds Digital Platform to Help Police Fight Watch, Jewelry Theft
- Florida Regulators Now Reviewing Rate Hikes of 14%, 62% and 103%
- California County Supervisor Hit With Sexual Assault Lawsuit
- Maine Sues Manufacturers Over Forever Chemical Contamination
- California’s Office of Administrative Law OKs Privacy Regulations
- Murder Charge, Civil Suits Filed in Case of Driver Who Crashed Into Apple Store
- Activist Group Calling for Immediate Halt to Insuring Fossil Fuels
- People Moves: Valley Insurance Agency Alliance Promotes Rucker
- North Dakota Contractor Fined $505K After Failing 3 Inspections
- Arkansas Lawmakers Revamp Bathroom Bill Condemned as Too Extreme
- Michigan Becomes First State in Decades to Repeal ‘Right-to-Work’ Law
- $264M Offered for Gulf Oil Under Climate Compromise
- People Moves: Everest Insurance Names Kendrick as Non-Exec Chair of European Board of Directors; OONA Insurance Appoints Marsh’s Zandueta as President, CEO
- How a Labor Supplier and Insurance Broker Schemed to Evade Workers’ Compensation
- Near $27B Underwriting Loss in 2022 Largest for U.S. P/C Insurers Since 2011
- Lloyd’s Lab Selects 13 Insurtechs for Its Next Innovation Accelerator
- California Commissioner and FAIR Plan Agree to up Commercial Coverage to $20M
- Apex Risk & Insurance Services Launches in California
- Markets/Coverages: Reinsurance Tech Firm Tremor Launches Cat Bond Issuance Platform
- Vista Equity Partners Completes $2.6B Buy of Duck Creek Technologies
- Russia Still Uses Western Insurance for Half of Tanker Fleet That Exports Its Oil
- Nashville School Shooting Spotlights Security at Private Schools
- Delaware Waits to See If Governor Will Veto Marijuana Bills Passed by Lawmakers
- Crews in Kentucky Work to Recover Loose Methanol, Other Barges on Ohio River
- South Carolina Supreme Court Clarifies Law on Uninsured Motorists, Liquor Liability
- Philips Expects to Reach Settlements This Year for Global Recall of Respiratory Devices
- Arkansas Sues TikTok, Meta Over Child Safety, Privacy Claims
- Typhoon-Prone Philippines to Launch Insurance Plan for Infrastructure Losses
- At Trial, Minnesota Says Juul Targets Kids
- BHP Group Seeks to Delay $44B Brazil Dam Court Case in London
- Swiss Re Faces $6.3M Claim Over Sex Discrimination, Unfair Dismissal
- Fed Official Tells Congress Many to Blame for Silicon Valley Bank Failure
- Ex-Tesla Worker Testifies That Race Bias Made Him ‘Feel Less Than a Man’
- AI Leaders Urge Labs to Halt Training Models More Powerful Than ChatGPT-4
- Toxic Connection Not Proven, Appeals Court Finds in Florida Cancer Suit vs. Raytheon
- Judge Rules BNSF Intentionally Violated Agreement with Washington Tribe
- Connecticut Gunmaker Faces Another Suit by Relatives of Colorado Shooting Victims
- People Moves: California Workers’ Comp Institute Elects 2023 Board
- Chocolate Factory Blast a Deadly Reminder of Combustion Risks
- People Moves: NavSav Appoints Uminski to New COO Role; Bolander Joins Lockton as SVP of Regional Operations
- Texas Luxury Auto Dealership Fined $15K for Firing Employee Who Raised COVID Concerns
- Minnesota Suit Against Juul Goes to Trial
- Family of Kansas Toddler Killed by Police During Standoff Sues
- Federal Appeals Court Says Corps Doesn’t Have to Review ‘Polluting Spillway’
- New Hampshire Court Nixes Medical Monitoring Part of PFOA Class Action
- Taking Care of Business: Opportunities Within Soft Workers’ Comp Market
- North Korean Hackers Posed as NY Times, Voice of America Staff
- Southeast Beware: More Killer Tornadoes on the Way, Study Says
- South Carolina Senate Moves to Ban Foreign Adversaries from Owning Land in State
- NHTSA Opens Investigation Into Tesla Seat Belts Coming Loose
- Colombia, Peru Eye World Bank Catastrophe Bonds on Renewed Investor Interest
- Insurance That’s Out of This World, Literally
- Ermotti to Step Down as Swiss Re Chair to Take UBS Role; Interim Chair Named
- People Moves: FM Global Leadership Appointments; INSUREtrust Names Levy EVP; W. R. Berkley Hires President of Berkley Luxury Group
- APCIA Says Property Insurance Market ‘Hardest in a Generation’
- Brazil Miner Vale to Pay $56M to Settle SEC Charges Related to Dam Safety Disclosures
- At Least 50 U.S. Government Employees Hit With Spyware, Prompting New Rules
- UK’s Poor Climate Planning Risks ‘Cascading Failures’: Report
- Mississippi Insurance Agency, Like Others Hit by Storms, Vows to Rebuild After Tornado
- Washington Moves to End Child Sex Abuse Lawsuit Time Limits
- Wreckage Complicates Job of Investigators of Chocolate Factory Deadly Blast
- Internet Library’s Book Service Violated Copyright, Judge Rules
- Health Officials See No Sign of Contamination in Philadelphia’s Water After Spill
- People Moves: Alera Group Names Ballantyne Managing Director of West Region
- $1.5M for California Homeowners Overcharged Under Wildfire Risk Score
- People Moves: Watkins Insurance Group Appoints Two Shareholders
- Death Row Minister Files $10M Defamation Suit Against Oklahoma Corrections Agency
- Fire Damages Ohio Complex Housing Wright Brothers Plane Factory
- Train Derails in Rural North Dakota, Spills Chemical
- St. Louis Sues Hyundai, Kia Over Car Thefts
- Georgia Lawmakers Approve Lower Uninsured Motorist Coverage for Ride Sharing
- Boy Scouts of America Bankruptcy Plan Upheld Despite Insurers’ Objections
- World Insurance Acquires Finger Lakes Partners Insurance
- Private Equity Investor AnaCap Sells Minority Stake in German Broker MRH Trowe
- North Carolina’s First Citizens Bank to Acquire Most of Collapsed Silicon Valley Bank
- Geico Faces Class Action for Allegedly Underpaying Auto Claims
- TikTok Represents ‘Strategic’ Challenge, Says Top Cyber Official
- Insurer RSA Exits UK Personal Lines Motor Market to Focus on Core Businesses
- InsureTrust Names Levy EVP
- UK MGA Aqueous Secures Capacity From Allianz, Setting Sights on Commercial SMEs
- Alphabet Seeks Dismissal of Antitrust Lawsuit Over Google’s Online Ads
- Russia Has Successfully Rerouted Oil Exports Hit by Western Embargo: Energy Minister
- Regulator Tells Australian Banks to Boost Cyber-Attack Defenses
- Indian Tycoon Piramal, TPG Inc. Weigh Selling Stakes in Shriram General: Sources
- Climate Activists Tell Insurance CEOs to Stop Covering Carbon Projects ‘Immediately’
- Regulator Sues Top Crypto Exchange Binance, CEO for ‘Willful Evasion’
- FDIC Is Probing Management’s Conduct in SVB, Signature Bank Failures
- In Filing With Regulators, Florida Citizens Wants Appraisers to Be Licensed Adjusters
- Washington Contractor Fined $300K for Wage Violations
- Lawsuit: Officials ‘Mocked’ Nevada Prison-Firefighter Burns
- Philadelphia Residents Warned About Chemical Plant Spill in Delaware River
- 7 Bodies Recovered From Site of Pennsylvania Chocolate Factory Explosion
- Professional Benefit Services in Washington Acquired by Parker, Smith & Feek
- Credit Suisse’s Catastrophe Bonds Should Outlive the Bank: DBRS Morningstar
- Supreme Court Lets Chevron Foe Donziger’s Contempt Conviction Stand
- Markets/Coverages: CFC Adds Professional Liability, Tech E&O to Admitted Offerings
- ConocoPhillips Details Gas Leak Cause, Remedies at Alaska Hearing
- Hackers Breached UK Pension Protection Fund, Stole Employee Data
- New York Surgeon Gets 36 Months in Jail for Role in $31 Million Trip-and-Fall Scam
- People Moves: Acrisure Re Hires Ed Broking’s D’Arcy for Fac Team; MS Amlin Names Carpenter’s Turner to Lead Risk Analytics; Tysers Taps Primassure’s Moore for Energy
- Georgia Lawmakers Flip the Script on Use-and-File for Auto Rate Increases
- Arkansas Governor Passes School Bathroom Bill
- Wisconsin Farm Reaches $215K Pollution Settlement
- Minnesota Nuclear Plant Shuts Down For Leak
- Officials: Crews Failed to De-Ice Road Before Massive Texas Crash
- Juul, Altria Face First Trial Over Claims of Marketing E-Cigarettes to Teens
- HDI Global Specialty Launches Digital Platform for General Aviation in Canada
- Tesla Faces New Race Bias Trial From Employee Who Had $137M Verdict Cut
- Skyrisks Prepares to Launch as MGA for Advanced Air Mobility Sector
- Credit Suisse Bondholders Seek Legal Advice on Wipe-out of AT1 Bonds
- Ransomware Attack to Hit Revenue at India’s Top Drugmaker
- Aging Shadow Fleet, Shipping Russian Oil, Poses Disaster Risk
- D&O 2022: Prices Down; Loss Ratios Up; Top Carriers Ranked
- WCRI: Injured Workers’ Emergency Room Use Varies Widely by State
- Hyundai, Kia Warn 570,000 US Owners to Park Outside Due to Fire Risk
- Unlicensed Roofing Contractor in Florida Charged After Soliciting Homeowners
- Tornadoes Wipe Out Parts of Mississippi Towns, Leave 25 Dead
- Pennsylvania School District Sues Norfolk Southern Over Ohio Train Derailment
- People Moves: PCF in Utah Names Gray Vice President of Treasury
- Fire Destroys 5 Beachfront Homes in Boston Suburb
- Eight Injured in Chocolate Factory Blast in Pennsylvania
- YouTube Videos of Intentional Collisions Led to Arrests of California Couple
- California May Punish Oil Companies for High Gas Prices
- Environmental Groups Say Texas Isn’t Holding Polluters Accountable
- Wisconsin High Court: UI Insurer Can’t Deduct Money That Was Paid but Reimbursed
- Corps of Engineers Appeals Ruling on Mississippi River Spillway Openings
- Illinois Supreme Court: Union Workers Can’t Sue Under Biometric Law
- Denmark to Salvage Unidentified Object in Nord Stream Blast Probe
- Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry
- People Moves: Howden Tiger Names Ruff as Head of Legacy Division in Expanded Role; Markel Taps QBE’s Keens, SCOR’s Wong for Global Downstream Energy Team
- After Nonrenewals, Castle Key Files 53.5% Increase for Remaining Fla. Condo Policies
- China Detains Staff, Raids Office of U.S. Due Diligence Firm Mintz Group
- Reinsurers Average 12.1% Premium Growth for Full-Year 2022: Gallagher Re
- Atlanta ‘Cop City’ Activists Question Police Evidence
- Coal Miner Killed in West Virginia, Second Fatality This Year in the State
- 6 Workers Killed in Work Zone Crash on Baltimore Beltway
- Connecticut Lawmakers Weigh Lifting Surplus Lines Renewal Rule
- Banks, Financial Industry Hit by Rising Ransomware Attacks
- High Inflation Hiked P/C Claims Costs Up to 7.5% in 2022
- Insurers Continue to Cover Ukraine Grain Corridor Shipments, for Now: Lloyd’s Chairman
- EU Regulators to Rethink Liquidity Risk After Credit Suisse Unravels
- More Deaths, Injuries Linked to Recalled Eyedrops
- TikTok Attacked for China Ties as US Lawmakers Push for Ban
- Yellen Says US Prepared for Additional Deposit Actions If Needed
- Lindsay Lohan, Other Celebs Settle With SEC Over Crypto Case
- Proving Insurance Fraud: Is Metadata the Missing Piece of the SIU Puzzle?
- California Tow Truck Driver Arraigned on 54 Counts of Insurance Fraud, Assault
- First Cap Launches Admitted Homeowners Program for California
- Fox News, Dominion Argue Over Legal Standards to Prove Defamation
- Motorcycle Rally Organizers Lose Bid for Coverage for Auto Accident
- Alleged Bias Against Women Costs Maryland Staffing Agency $2.6M in Default Judgment
- A-Rod-Backed Insurtech Ranger Insurance Launches in Arizona
- AccuWeather: California Storms Added $6-8B in Damage and Economic Loss
- Another Louisiana Resident Sentenced for Conspiring to Stage Auto Accidents
- People Moves: Marsh appoints Stephens US Central Zone Leader
- Indiana Lawmaker Sued for Medical Malpractice
- 25,000 Lawsuits by Today? Florida Plaintiff Firms Rushing to File Before Tort-Reform Bill Signed into Law
- Texas Medical Liability Trust Reports Data Privacy Event
- Wisconsin Lawmakers Set to Vote on Tougher Riot Penalties
- Markets/Coverages: Mosaic Adds Litigation Liability Cover to Professional Lines Offering
- Insurtech Kin Increases Series D Funding Round to $109 Million
- EPIC Insurance Brokers & Consultants Forms Insurance Capital Solutions Group
- Actress Utah Ski Collision Trial Brings Doctors to Stand
- U.S. Employers Must Be Careful in Drafting Severance Agreements, Labor Board Warns
- TikTok, Transit Agencies Face Wrongful Death Suit Over New York Teenager’s Death
- Far from Home: Western-based Warner Pacific Acquires Agents Marketing Group in Miami
- U.S. P/C Industry Records $26.5 Billion Underwriting Loss in 2022
- Florida Insurance Agent Who Used $5M in Premiums for Safari, Condos Gets 14 Years
- These Southwestern Counties Were Ranked Safest from Natural Disasters
- Long-Term Drought in Spain Expected to Bring More Heatwaves, Wildfires
- Lloyd’s of London Swings to 2022 Pre-Tax Loss on Investments but U/W Profits Up
- Japanese Shipping Firm Seeks Government Support for Russia Insurance Risk
- Oil Spills and Near Misses: Growing Numbers of Ghost Tankers Ship Sanctioned Fuel
- GM Must Face Class Actions Over Defective Transmissions
- Supreme Court Chews on Jack Daniel’s Fight Against Parody Dog Toy
- Kentucky Governor Signs Bill: Guaranty Fund Won’t Pay Claims from Self-Insurers
- New Heat Rules for Outdoor Workers in Washington Proposed
- Takeaways from Our Conversation on Environmental Risks for Cannabis Operations
- OSHA Probe of Teen Worker’s Fall Uncovers Other Wage, Child Labor, Safety Issues
- Hershey Looks to ‘Eradicate’ Lead, Cadmium From Chocolate
- Texas Governor Appoints Bolduc as Public Counsel for OPIC
- People Moves: Specialty MGA Nirvana Taps Sompo’s Mannsdorfer for European Underwriting; Verlingue Hires Hiscox’s Bethell as Head of Private Clients
- Chubb Announces Climate-Focused Underwriting Standards for Oil and Gas Extraction
- Dispute Over Van Gogh Art In Detroit Settled
- Floor Collapses Onto 2 Chicago Firefighters
- People Moves: Lonergan Joins Cadence Insurance as Dallas/Fort Worth Market President
- J&J to Seek U.S. Supreme Court Review on Unit’s Bankruptcy
- Natural Catastrophes Cost Insurers $125 Billion in 2022: Swiss Re
- Insurer-Friendly Justice Retires, But That Gives DeSantis 5th Pick on Fla. High Court
- Insurer Spots Cybersecurity Weakness With Model Simulating Catastrophic Attacks
- Court Blasts Accident Board for Unsupported Order to End Worker’s Drug Therapy
- North Carolina Dems Hoping to Stop Elimination of Corporate Income Tax
- Mississippi Doctor Avoids Jail Time in Multimillion-Dollar Cream Scheme Fraud
- Report: Nearly 3,000 Buildings Affected by California Floods
- Zuckerberg, Meta Are Sued for Failing to Address Sex Trafficking, Child Exploitation
- Former AIG CEO Duperreault Joins Board of InsurTech Joyn
- EU Proposes Clampdown on Companies Using Misleading ‘Green’ Labels
- Commerzbank Executive Wins £300,000 in Sex Discrimination Suit
- Google Asks London High Court to Throw Out Lawsuit Over Medical Records
- Australian Lender Latitude’s Shares Slump After Hack Details Emerge
- Supreme Court Divided Over Coinbase Arbitration Dispute
- People Moves: WKFC Promotes Singhvi to President, Bauer to COO; AmTrust Adds Surian, White to Commercial Team
- Female Gig Workers Face 32% Average Pay Gap
- With Sex Assault Cases on the Rise, Insurers Tighten Hospital Liability Exclusions
- Teen Driver in Crash in New York That Killed 5 Children Had No License
- Cal/OSHA Cites Company $838K for Exposing Employees to Toxic Chemical
- Philadelphia Agrees to $9.25M Settlement Over 2020 Protest Lawsuits
- New York City Targets E-Bike Users With Safety Plan and Lithium Battery Regulations
- California City Paying $750K in Swastika Painting Case
- 11 Injured in Southern California Apartment Complex Fire
- People Moves: AAdvantage Insurance Group Hires Berg; Alive Risk Adds Rutkin
- People Moves: McGill & Partners Hires Gallagher Re’s Turner for Treaty Reinsurance Team; Howden Names KPMG’s Cox as Head of Energy Transition
- Erwin to Keystone VP; Jones to Tennessee PBM Compliance Role
- Rite Aid Faces Securities Suit Over Allegedly Filling Unlawful Opioid Prescriptions
- NTSB: Strong Winds During Arkansas Plane Crash
- People Moves: MEMIC Promotes Three Team Members to Key Director Roles
- Michigan I-96 Pileup Leaves 16 Hospitalized
- NFP Acquires Illinois’ David Marcus
- Louisiana Supreme Ct. Reverses, Rejects Coverage for COVID Shutdown
- Correll Group Acquires Two More SE Agencies
- Workers’ Compensation Must Reimburse for Medical Marijuana Costs in Pennsylvania
- U.S. Studies Ways to Insure All Bank Deposits If Crisis Grows
- Arthur J. Gallagher Acquires Viking Bond Service in Arizona
- Fox, Dominion Pursue Pretrial Wins in $1.6B Defamation Case
- UK Businesses Face Risk of Underinsurance as Construction Costs Reach Record Highs
- Without Veto, Tougher Riot, Property Damage Penalties Become Law in North Carolina
- Boaters Did Not Survive After Trying to Rescue Woman, Florida Sheriff Says
- Toxic Spills at Alberta’s Oil Sands Spur Canada to Boost Regulatory Oversight
- How Coconuts Protect East Coast and Other Eroding Shorelines
- Russian Court Freezes Volkswagen Assets in Russia
- Ferrari Says Ransomware Attack Exposed Clients’ Names, Email Addresses
- Britain’s Financial Services Industry Plans Blueprint for Post-Brexit ‘Kickstart’
- Too Soon for ‘All Clear’ in D&O Insurance Market as Banks Fall
- WCRI: Consolidation of Health Care Driving Up Prices in Work Comp
- States Urge Hyundai, Kia to Do More to Tackle Theft Risk
- People Moves: Surplus Line Association of California Promotes Trumbly, Adds Mayet
- How Much Is a Picture Worth? Let Jury Decide in Personal Injury Claim, Says Court
- 4 Killed in Wrong-Way Crash on Southern California Freeway
- Cannasure Quickly Moving New and Renewal Business from Topa in California
- People Moves: Tokio Marine Boosts UK Trade Credit Division With Underwriting Hires From Atradius, Coface; BHSI Promotes Ruddlesdin to Head of PI & Cyber in London
- Homeowners of America Applies for Texas Reciprocal Exchange
- AM Best Downgrades Credit Ratings of Topa in California
- Moseley Law Firm, Mitchell Adjusting Under More Legal Troubles
- Arthur J. Gallagher & Co. Acquires Indiana’s SBP
- Reliance Acquires Assets of Truck Team Insurance in Utah
- NSM Insurance Adds 3 Medical Stop Loss, Managed Care Specialty Firms
- ‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions
- California Care Home Charged in Connection With COVID Deaths
- Hawaii Officers, Sued Charged in Alleged Crash Coverup
- Norfolk Southern Shareholders Sue Over Ohio Derailment
- Dangers of Disposable Vapes: Lithium Battery Fires, Plastic Waste and Health
- Alabama Jury: Delivery Worker to Get $1.9M After Fall at Dollar General Store
- Chile Completes $630M Earthquake Insurance Deal With World Bank
- Kentucky University Agrees to $14M Settlement in Wrestler’s Death
- Update: Bank Shares Rise After Credit Suisse Rescue Eases Crisis
- NC Authorities Trying to See if Tesla was in Autopilot When Teen Hit at School Bus
- Scratched EV Battery? Your Insurer May Be Forced to Junk the Whole Car
- In Supreme Court Jack Daniel’s Case, a Free Speech Fight Over a Dog Toy
- Banking Failures Are Hitting Weed Companies, Too
- FTC Asks Social Media, Video Streaming Firms Info on Misleading Ads
- Warren Buffett in Contact With Biden Team on Banking Crisis
- Michigan Pileup Ensnares up to 100 Vehicles
- DeSantis Turns Heads with Comment that Citizens Insurance ‘Not Solvent;’ Board Approves Cat Bond
- New York Senate Passes Bill Requiring Insurance Disclosure on Pipeline Projects
- Vermont Senate Advances Liability Shield for Abortion and Transgender Care Providers
- White House Approves Disaster Funding for New Hampshire’s December Storm
- Third Time’s a Charm for Nevada’s Captive-Focused Insurance Commish
- Insurers: Washington’s Proposal for More Premium Increase Explanations May Delay Filings
- Texas Church Ordered to Pay Back Wages After Concerns About Rodents, Insects
- Wind Farm in Southern Texas Draws Resistance
- Minnesota Meat Processing Company Accused of Employing Minors
- London Market Insurers Publish Guidelines for Marine Casualty Claims
- Hawaii Businessman Sued for $2M After Grounding Luxury Yacht
- Wichita, Kansas Settles Fatal SWAT Shooting Suit for $5M
- Train Hauling Corn Syrup Derails in Arizona
- Investigators Cite BP Training, Safety Failures in Ohio Refinery Deaths
- California Regulators Could Decide Oil Profits Penalty
- Florida House, Senate Committees Advance Slightly Different Tort-Reform Measures
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