Recent Insurance Industry News
National News
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI
The world's largest insurance brokers recently found themselves caught in an "AI scare trade" after news that Tuio home insurance would soon be available via ChatGPT. Shares...
AI Use in Cybersecurity Could Show Holes in Short Term, Says Fitch
Zantac Suits Tossed by Delaware Judge for Flawed Cancer Link
Markets/Coverages: Allstate Offers Free ID Theft Protection; NFP Starts US Flood Practice
Toxic Gas-Emitting Plants Get Pollution Reprieve Under Trump
Aon Expands Data Center Lifecycle Insurance Program Capacity to $3.5B
International & Reinsurance News
Sanctioned Russian Oil Ships Using Fake Insurance, Ukraine Says
A number of Russian shadow fleet tankers are transporting oil with insurance certificates from a company that doesn't exist as it's described in the documents, according to an...
US and Iran Weigh Truce Extension With Hormuz Still Shuttered
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI
Sweden Sees Russia Intensifying Cyber Attacks on Infrastructure
ECB to Quiz Bankers About Risks of Anthropic’s New AI Model, Source Says
Africa Trade Insurer Seeks $500 million to Help With Iran War Cost Increase
East News
On Second Thought, Maryland Won’t Expand P/C Claims History Rule
The Maryland Insurance Administration (MIA) has withdrawn a proposal opposed by insurers that would have expanded to commercial lines a provision requiring insurers to disclose...
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Trucordia Buys Connecticut’s Paradiso Insurance Services
Maryland Secures $2.2 Million Lead Paint Settlement From Tower Owner and Contractor
NYC Heat Builds as Midwest Faces Bigger Storm Threat
Maine Legislature Approves First State Moratorium on Big Data Centers
Midwest News
Inszone Acquires Kansas’ Insurance Resources Group
Inszone Insurance Services announced the acquisition of Insurance Resources Group, Inc. Located in Olathe, Kansas, this acquisition adds an experienced and versatile team to the...
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
World Insurance Associates Acquires Indiana’s Heuring
Rainfall Across Northern Michigan Heightens Concerns of Flooding, Dam Overflows
Texas / South Central News
Texas Sees Power Demand Quadrupling by 2032 on Data Center Boom
The Texas grid operator warned power demand may quadruple from recent record levels by 2032 to feed booming data-center expansion and population growth, an increase that would...
Texas Summer Camp Faces Scrutiny Over Failure to Report Deaths
Camp Mystic Faces Scrutiny Over Lack of Evacuation Plan in Wake of Fatal Flood
Texas Restaurant Ordered to Pay $77K in Back Wages
Tesla’s Gigafactory Water Use Surges in Austin as New Chip Plant Looms
Trucordia Acquires Louisiana’s JJL&W Insurance Consulting
Southeast News
With Falling Private Re Prices, Should Florida Let Insurers Buy Less From the Cat Fund?
For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane...
Wildfire Mitigation Designation Program Now Available in Florida
With Compromise Expected, North Carolina Delays 68% Dwelling Rate Hike Hearing
Florida Surgeon Faces Manslaughter Charge for Allegedly Removing Wrong Organ
With Florida Businesses Facing Higher Costs, Is Premium Financing an Answer?
Personnel Staffing to Pay $155K in Sex Discrimination Charge
West News
California Wants to Fund Green Jet Fuel — By Raiding Your Road Repair Budget
California Gov. Gavin Newsom is advancing a plan that could funnel hundreds of millions in road dollars to a struggling oil refinery—pitching it as a cleaner jet fuel...
Grange Insurance Association Rebranding as Granwest Insurance
Kingstone Expanding into California on an E&S Basis
California Attorney General, DAs Warn About E-Bike Safety and Legal Requirements
Seven States in West Added to IBHS Expands Wildfire Prepared Program
Public Interest Groups Backing California Homeowners Insurance Bills