INSURANCE NEWS

People Moves: Kingstone Appoints Patten CFO

Kingstone Companies Inc., headquartered in Kingston, New York, appointed Randy L. Patten as chief financial officer (CFO), effective August 25. Patten joins Kingstone Companies, Inc. from NEXT Insurance Inc., where he most recently served as vice president, chief accounting officer, …
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Australia’s Privacy Regulator Sues Optus Over 2022 Data Breach

An Australian regulator has sued Optus, alleging the Singapore Telecommunications-owned carrier breached privacy laws during a 2022 cyber attack that compromised the personal data of millions of customers, both parties confirmed on Friday. Optus, one of Singtel’s largest overseas investments, …
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BHP, Vale Offer $1.4B Settlement in UK Lawsuit Over Brazil Mining-Dam Disaster: FT

Global miners BHP Group and Vale have offered around $1.4 billion to settle a class action lawsuit in the United Kingdom tied to one of Brazil’s worst-ever environmental disasters, the Financial Times reported on Thursday. The lawsuit stems from the …
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Fires Ravage Southern French Vineyards Ahead of Harvest Season

French wine makers have seen extensive damage to vines that were almost ready to be harvested after the worst fires in more than 70 years burned through the south of the country. “The situation is catastrophic”, Franck Saillan, general secretary …
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Digging Into Tesla’s Liability in Crash Case: Where’s the Data?

Two experts on autonomous vehicle safety recently dove into legal arguments and engineering factors that shaped last week’s landmark jury decision against Tesla, at one point surfacing an important takeaway about insurance for Tesla drivers. “Your insurance company most likely …
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Surplus Lines Sector Shows 13.2% Rise in Premium Mid-Year: WSIA Report

Surplus lines sector continues to grow with mid-year premium reaching $46.2 billion from the 3.7 million items filed so far in 2025, according to data from U.S. surplus lines service and stamping offices in 15 states. These figures represent a …
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Trenton Diocese Withdraws Lawsuit Against Insurers Over Sex Abuse Coverage

The Roman Catholic Diocese of Trenton, New Jersey has voluntarily withdrawn its lawsuit against four liability insurers over coverage for sexual abuse claims brought against the diocese under the New Jersey Child Victims Act. The diocese sued in February alleging …
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J&J Talc Evidence Gets Review by Ex-Judge at Drugmaker Law Firm

A retired federal judge will help decide the fate of thousands of Johnson & Johnson baby powder cancer lawsuits even though her law firm represents the drugmaker in other matters. Freda Wolfson was appointed earlier this summer to re-examine how …
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13 Charged in Pennsylvania With Selling Luxury Autos Stolen From Florida

Pennsylvania law enforcement officials have charged 13 people in a scheme of reselling luxury autos stolen from Florida. Attorney General Dave Sunday said the central Pennsylvania-based criminal enterprise involved “vehicle title-washing” that turned a profit of more than $1 million. …
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Markets/Coverages: New Marsh D&O Enhancement for Clients’ IPO Pursuit

Marsh announced new investment bank indemnification coverage to its directors and officers liability (D&O) insurance offering for clients pursuing initial public offerings (IPOs). The coverage enhancement comes amid growing client demand for more comprehensive D&O protection during the IPO process, …
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Illinois Hospital Sued for Religious and Disability Discrimination

Silver Cross Hospital, based in New Lenox, Illinois, violated federal law when it failed to provide a reasonable accommodation to employees who requested to be exempt from receiving the COVID-19 vaccine because of religious and disability reasons, the U.S. Equal …
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Missouri DCI Fills Key Leadership Positions

Missouri Department of Commerce and Insurance Director Angela Nelson announced she has filled new leadership for the positions of Deputy Department Director, General Counsel, Division Director of Insurance Consumer Affairs, and Division Director of DCI Administration. Gina Clark has returned …
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