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Legal and Regulation

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1417 results
  • Brown & Brown sues Howden in Massachusetts over employee raid
    The broker is seeking an injunction, arguing it lost customers to Howden over the weekend.
  • Insurance lawmakers ‘disturbed’ by Trump executive order on AI
    The National Council of Insurance Legislators said insurance oversight should be left to states.
  • Lawmakers must overcome ‘fatigue’ to enact legal reforms: Louisiana's Temple
    Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.
  • Florida’s Yaworsky: State seeing best carrier capitalization in a decade
    The commissioner said more work needs to be done, but big companies are interested in coming back.
  • Chubb shareholder proposal demands exploring subrogation against oil companies
    The proposal says oil companies cause climate change and, thus, increased cat losses.
  • Medical care index up 3.3% YoY in November, with overall inflation at 2.7%
    Inflation was down from the 3% recorded for the 12 months ending in September.
  • Marsh CEO South must sit for deposition in Howden talent raid lawsuit, judge says
    The federal judge said South has direct knowledge about a previous raid involving Aon.
  • WTW reaches settlement in breach of contract suit against Howden’s Lombardo
    The parties now have 60 days to file a stipulation to dismiss the action.
  • Judge blocks Trump from dismantling Fema’s BRIC resiliency funding
    The legal setback came as publication of a Fema reform report was postponed.
  • Tradesman takes dismissed Rico case to NY appellate court
    A district court judge had dismissed the case in September, with prejudice.
  • Defendants in Uber’s Rico case move for dismissal of suit
    Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.
  • Howden accuses Marsh of ‘forum shopping’ in workplace raid case
    A motion to dismiss argues the case should not have been filed in federal court.
  • 'Huge sense of urgency’ to address insurance concerns: NY Senator Kavanagh
    NY lawmakers are preparing a legislative package to address insurance costs in the Empire State.
  • James River portfolio shopped to legacy buyers amid Fleming Re restructuring
    Fleming Re bought the James River Re legacy book in 2024.
  • Aon suit claims intercepted FedEx packages show depth of Howden poaching
    The packages contained client lists and records saved as “TOP SECRET” on a former employee’s computer.
  • NAIC Postcard: AI and RBC draw regulator attention in sunny Florida, ‘climate’ gets the slip
    Trump’s shadow loomed over the beachside sessions.
  • Alliant files motion to dismiss MMA lawsuit alleging poaching of yacht team
    The case is the latest in a series of lawsuits alleging Alliant raided MMA for talent.
  • Oklahoma AG backs litigation against State Farm over alleged wind, hail claim denials
    The Republican said his office has launched an investigation into the denials.
  • Ford sues Liberty Mutual for claims denial after $4mn loss at EV plant
    Ford had purchased a builder’s risk policy from the insurer.
  • Liberty Mutual ordered to pay $103mn in age discrimination case
    The years-long legal battle was brought on by a former employee alleging wrongful termination.
  • Argo sued by Yellowstone Capital over D&O cover
    The PE fund says Argo failed to indemnify it for costs related to a probe by New York’s attorney general.
  • Allstate files Rico complaint against Florida doctors, pain management clinics
    The insurer says defendants billed “exorbitant” fees for non-existent services.
  • Summers pressed on whether he handed GC ‘recruitment targets’ to Willis Re
    He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
  • Fleming loses bid to have judge reconsider dismissal of suit against James River
    The company had argued the judge missed key info when dismissing the case.
  • Contempt of court battle in Marsh-Howden litigation heats up
    Marsh has accused its former execs of flouting a preliminary injunction.
  • NY bills would require new reporting, encourage climate suits against Big Oil
    Similar bills targeting fossil fuel firms have been introduced in other states.
  • First insurance-focused climate change lawsuit filed against oil industry
    Plaintiffs claim climate-induced cat losses have spurred increases in premiums.
  • Private credit surge raises alarm of systemic risk for D&O insurers
    A string of high-profile bankruptcies has put more scrutiny on the once marginal sector.
  • Judge to consider compelling Marsh CEO deposition in Howden US dispute
    Marsh is also seeking expedited discovery in a related talent poaching case.
  • Scor, Chubb units ordered to pay $112mn following aluminum plant damage
    A jury awarded $32.3mn for repair costs, and $80mn for business interruption.
  • Farmers lifts cap on new homeowners’ policies in California
    The carrier said it anticipates a better market due to recent reforms.
  • Guy Carpenter drops two UK WTW entities from Willis Re trial
    GC continues to pursue Willis Re and individuals in court.
  • GC-Willis Re trial unpicks 'mistaken' impression of Fisher’s links to start-up
    Senior Willis Re recruit Jim Summers denied Kevin Fisher had a role at the start-up.
  • NY judge denies Marsh’s temporary restraining order request in Howden case
    Parties will now brief on a request for a preliminary injunction on an expedited timeline.
  • GC and Willis Re face off in 'Bermuda Conspiracy' poaching lawsuit
    GC accused Willis, Lucy Clarke, Jim Summers and John Fletcher of unlawful recruitment.
  • Insurance industry met with skepticism around fraud, legal abuse at NYS hearing
    Senators asked for data on fraud but weren’t given any.
  • Lloyd’s launches probe over process breach under Neal
    Whether Clement's promotion was influenced by an inappropriate relationship is in scope.
  • Nuclear verdicts are predictable: Tyson & Mendes
    The plaintiffs' bar has been playing out the same rulebook for 15 years. It’s time the defense catches up.
  • Acting Fema director to resign after six months in post
    He will be replaced at a time when Fema is considering structural reforms.
  • Judge denies Howden’s request to intervene in Parrish suit
    A motion by defendants to dismiss the case was also denied.
  • Insurance industry urges Congress to reform Fema, post-shutdown
    The deal to reopen the government also extended the NFIP.
  • Greenlight Re gets FSR upgrade to A from AM Best
    The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
  • Mamdani’s affordable housing plans on a collision course with industry headwinds
    The mayor-elect has promised to build 200,000 new units in New York City.
  • Beyond the blast zone: What happens after nuclear verdicts are awarded?
    Many nuclear verdicts become much less radioactive on appeal.
  • Marsh adds Howden to New York team-lift legal action
    The move comes after the withdrawal of a complaint in the Delaware court.
  • Guess sues Zurich NA for breach of contract
    The fashion brand says the insurer failed to defend it in multiple lawsuits.
  • Citizens denies allegations its claims arbitration system is biased
    Critics claim the dispute system denies consumers' key legal rights.
  • Marsh voluntarily dismisses Howden Delaware talent suit
    The dismissal comes after the judge in the case had stayed it just a day earlier.
  • Court vacates $140mn verdict against Kinsale-insured apartment complex
    The defendant held a $1mn general liability policy with Kinsale.
  • Delaware judge stays Marsh-Howden lawsuit, citing lack of urgency in briefs
    A New Jersey judge also refused to grant WTW’s request for a restraining order.
  • Illinois sues State Farm over access to data on homeowners’ policies
    State Farm is under investigation as its premiums have been rising “drastically".
  • CA’s landmark risk rules challenging but not insurmountable: experts
    Industry sources said they expect most larger firms will be able to meet the requirements.
  • Fema disaster mitigation funding suit to proceed despite government shutdown
    A US district judge ruled a delay could put human life and property at risk.
  • Fight over litigation funding disclosure rules heats up at judicial reform panel
    The federal panel hasn’t finalized a timeline for formulating the new rules.
  • Medmal indemnity costs in CA surged 83% since tort reform reversal: Aon
    California may not be the only state to see non-economic damage caps in medmal get challenged.
  • Will State Farm’s AI discrimination suit break the regulatory dam?
    State regulators have largely avoided enforceable AI regulations, but bad news could change that.
  • MMA accuses Howden US’s Southern of ‘staggering betrayal’
    Marsh is also suing a second tier of former Florida leaders.
  • Louisiana asks Trump admin to drop oil spill suit filed under Biden
    The state’s AG said the case threatens continued offshore oil and gas operations.
  • Florida Citizens’ policy count drops below 500k amid wave of depopulation approvals
    The insurer reached highs of over 1.4 million policies in September 2023.
  • Burford CEO takes aim at Chubb’s anti-litigation finance stance
    The executive said record operating income and returns don’t indicate Chubb is “beleaguered”.
  • Correction: Fleming files for US recognition of Bermuda liquidation
    The Bermuda carrier brought a winding-up petition earlier in October.
  • Trump admin pushing for insurer investment in cryptocurrency
    The FIO said it will work with regulators on coverage for digital assets.
  • California proposes regs requiring insurers to report climate, AI risk scenarios
    The regulations are designed to address long-term solvency concerns.
  • Howden slams WTW’s ‘paucity’ of evidence in suit over poached executive
    The broker said WTW hasn’t shown it was irreparably harmed by the defection.
  • ‘We’re holding ourselves accountable’: CA insurance commissioner Lara
    California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
  • Senate committee advances wildfire forest bill championed by industry
    The bill includes provisions to encourage retrofitting homes in high-risk areas.
  • Medical care index up 0.2% in September, with overall inflation at 3%
    September’s medical care index increase follows a 0.2% drop in August.
  • Climate disaster dataset Trump killed is revived by climate non-profit
    A former NOAA climatologist who left the agency is running the new operation.
  • NY hospital captive insurer files for bankruptcy, citing sexual abuse claims
    Northeast Insurance said 55 claims were brought under the Child Victims Act.
  • Cyber insurers narrowing the scope of wrongful collection coverage
    As data privacy litigation increases, insurers increasingly lean on exclusions.
  • 777 Partners co-founder Wander hit with federal fraud charges
    The executive is charged with defrauding investors out of nearly $500mn.
  • Alliant files for dismissal of Marsh surety raid suit
    The motion claims the New York court has no jurisdiction in the case.
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