Recent Insurance Industry News

CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal

• Cyber Firm Wiz Says Flaw Could Have Exposed Thousands of Microsoft Cloud Customers

• US Diners Avoid Restaurants as Cyclosporiasis Fears Cut Lettuce Sales

• NHTSA Probes 1.2 Million Tesla Vehicles Over Suspension Failure Risks

• Anthropic AI Models Hacked Three Organizations During Tests

• Lemonade Posts $43M Loss for Q2 as it Continues to Grow Customer Base

Insurers Are ‘Actively Evaluating’ New Catastrophe Risks as Europe Burns

• Supply Chain Insurance Is ‘Must-Have’ Cover During Geopolitical Tensions: GlobalData

• Japan Earthquake Halts Auto and Chip Plants, Testing Supply Chain Resilience

• French Insurer AXA’s Profit Rises 2% as Expected, Confident on Outlook

• Climate Change Made ‘Fire Weather’ in France, Spain More Likely

• Mapfre Acquires Stake in Insurtech Tuio; Bolsters Commitment to AI, Digital Innovation

Insurer Says Virginia ‘Intentional’ Acts Law Blocks $10M Punitive Damages Claim

• Police Am-Bush Catches 74 Drivers Using Cell Phones

• Former Insurance Agent Sentenced to Jail for Fraud, Again

• AM Best Lifts Mid-Hudson Group’s Outlooks to Stable

• Trump Asks Supreme Court to Toss $83 Million Carroll Verdict

• Analog Devices Assessing Latest Cyber Breach Claim From Hackers

Trump Blames Minnesota Cyberattack on Governor, Not Iran

• Musk’s xAI Sues Minnesota Over Ban on Nudification Technology

• Wisconsin Governor Declares State of Emergency as Tornado Cleanup Begins

• Michigan Restaurant Chain Owes More Than $500K in Back Wages

• Cyclosporiasis Cases Top 10,000 in Michigan as Parasite Spreads

• Relation Acquires Wisconsin’s Mid-State Insurance

State Farm to Begin Issuing Dividend Payments to Louisiana Drivers

• Texas Ban on Several THC Products Goes Into Effect

• Third Wave Acquires Five Gulf Coast Insurance and Advisory Agencies

• Floodwater Delays Corpus Christi’s Water Emergency Until Fall 2028

• Louisiana Woman Arrested for Insurance Fraud Following Fire Investigation

• Arkansas Hospital to Pay $105K for Discrimination Against Male Employee

Florida Woman Sentenced in $6 Million Force-Placed Insurance Scheme

• Deadly Flooding in West Virginia Finds Prevention Plans Unaddressed

• CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal

• Experts in Lockheed Pollution Suit Used Unreliable Methods, Appeals Court Says

• Florida’s Universal Basking in the Sunshine of Legislative Changes

• Third Wave Acquires Five Gulf Coast Insurance and Advisory Agencies

Edison Says Its Equipment Likely Associated With 2025 LA Fire

• People Moves: UCA Names Balakrishnan Controller, Makes Lemon VP of Underwriting

• FTC Sues Hims & Hers for Sending User Health Info to Meta, Snap

• Los Angeles’ Rare Humidity Tied to Pacific Heat, Climate Change

• Travelers Expands Product Liability Product to California Life Sciences

• Ventura County DA Gets $900,000 to Combat Workers’ Comp Fraud