1 month 1 week ago
Western Europe just experienced its warmest June on record, EU scientists confirmed on Thursday, after an extreme heatwave at the end of the month smashed temperature records, disrupted power supplies and shut schools. Last month was also the second-warmest June …
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1 month 1 week ago
A large and powerful typhoon approached a remote chain of islands in Japan’s southwest on Friday, prompting authorities to warn of violent winds, torrential rain, landslides and flooding in what could be the region’s most destructive storm in years. Typhoon …
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1 month 1 week ago
The head of the top US auto safety regulator said the agency “absolutely” will consider ending requirements that driverless cars include steering wheels, a potential boon for Tesla Inc. and other robotaxi companies rethinking traditional vehicle design. “If you’re developing …
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1 month 1 week ago
The floodwaters that ravaged southern China this week look set to expand to other provinces with the imminent arrival of Super Typhoon Bavi, with scientists warning extreme weather would only grow more frequent this year. The expected weather systems will …
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1 month 1 week ago
The EU’s financial stability watchdog is examining the risks private credit poses to the region’s banks and economy, one of its advisers said, and may recommend regulators be given greater direct oversight of the $3.1 trillion shadow lending industry. Richard …
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1 month 1 week ago
The weather-roiling El Niño that emerged across the Pacific last month has continued to build and will likely be one of the strongest in more than 75 years, the US Climate Prediction Center said. Sea surface temperatures of 1C (1.8F) …
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1 month 1 week ago
As data center construction accelerates across the U.S. and globally, the conversation has rightly focused on environmental impact and land use. But there is a less viable risk accumulating in the supply chain that we believe risk managers would do …
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1 month 1 week ago
When he saw the video, Luqman Saeed knew what was coming. A lecturer at Ulster University in Belfast, he’s spent more than a decade studying how conflicts start and how people are driven to radical ideologies and violent ends. He …
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1 month 1 week ago
The Florida Supreme Court just made it a little easier for workplace assault victims to claim workers’ compensation benefits, even if it can’t be proven that an attack was work-related. The high court on Thursday overturned a 2023 ruling from …
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1 month 1 week ago
Two veteran Florida insurance agency owners have launched a growth platform for agencies, aimed at helping them build better businesses, carrier relationships and lead generation. Kingdom Growth Partners, based in Jacksonville, is led by David Wilson, national director with American …
1 month 1 week ago
Incurred losses and expenses in California workers’ compensation in calendar year 2025 were $15.7 billion, or 102% of earned premium, up from 99% of earned premium in 2024. The Workers’ Compensation Insurance Rating Bureau of California released the 2025 California …
1 month 1 week ago
Many Mid-Atlantic U.S. businesses aren’t done raising prices due to President Donald Trump’s slate of import tax increases, new research from the Federal Reserve Bank of New York, released on Wednesday, said. “Our latest regional business surveys reveal that nearly …
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1 month 1 week ago
Trucordia acquired the assets of Dominion Insurance Services Inc. in California. Dominion is a boutique brokerage with a specialty focus in lawyers professional liability and other professional liability lines. Related: Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency Trucordia is the group …
1 month 1 week ago
Gov. JB Pritzker signed artificial intelligence legislation modeled after similar bills in California and New York on Monday, furthering a push for a state-driven national framework in lieu of federal regulations. “Congress and the president ought to be passing similar …
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1 month 1 week ago
The Texas Senate Committee on Health and Human Services held a public hearing Tuesday to gather information that will shape future legislation on THC products sold in the state. Lawmakers made arguments against THC that harkened back to the days …
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1 month 1 week ago
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of OMS National Insurance Company, …
1 month 1 week ago
Brown & Riding this week announced the launch of its new national Private Client Practice, a specialty practice area focused on affluent personal lines risks. The practice is led by Courtney Kerr, a seasoned private client professional, and backed by …
1 month 1 week ago
HDI Global (HDI) said it has strengthened its underwriting leadership team in the U.S. with the appointments of Bevan Greibesland as chief underwriting officer, specialty lines, and Bruce Griffin as chief underwriting officer, long tail lines. Greibesland joined HDI in …
1 month 1 week ago
Mayor Michelle Wu announced that the city of Boston, on behalf of Boston Public Schools (BPS), has filed a lawsuit against Meta and other social media companies, including TikTok, Snapchat, and YouTube, alleging that these platforms deliberately target minors with …
1 month 1 week ago
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. …
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