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Extreme floods that once swamped coastal communities only rarely are becoming far more common as climate change caused by humans pushes sea levels higher, according to new research published Wednesday. Experts say the findings are crucial for making plans about …

Regulators at the Virginia Bureau of Insurance are raising issues with Airbnb over its Host Damage Protection (HDP) program, maintaining that it is an insurance product and Airbnb is offering it without being properly licensed. The State Corporations Commission has …

This edition of International People Moves details appointments at brokers Willis Re and Aon. A summary of these new hires follows here. Willis Re Taps Ogilvie and Dart From Guy Carpenter for Key Roles in London, Bermuda Willis Re, the …

Novo Nordisk said on Thursday it has identified a security incident in which certain information, including patient data from some clinical trials, was copied externally without authorization from its internal IT systems. The company, maker of the blockbuster weight-loss drug …

Three UK clean-technology companies are teaming up to create what may be Europe’s biggest direct air capture facility. Low-carbon project developer Progressive Energy, together with carbon-capture specialists Airhive and Mission Zero Technologies, has formed a new company to build a …

President Donald Trump pulled back threatened military strikes against Iran, a stark reversal that came just hours after he vowed to hit the Islamic Republic “VERY HARD” and threatened to seize its oil infrastructure. US forces had already pounded Iran …

CRC Specialty Names Levy National ExecPro Leader CRC Group appointed Florence Levy as national ExecPro leader. She will lead the continued growth and development of CRC Specialty’s ExecPro practice. She will work closely with brokers, carrier partners, and company leadership. …

The US Supreme Court shielded funds from some investor lawsuits, ruling that an 86-year-old federal statute doesn’t authorize shareholders to sue over bylaws and management decisions. Voting 6-3, the justices on Thursday blocked activist investors from suing 11 closed-end funds, …

A South Korean regulator fined the country’s largest e-commerce platform, owned by US-listed Coupang Inc., a record 624.7 billion won ($409 million) for a wide-ranging cyber-intrusion that escalated into a diplomatic tiff with the US. The Personal Information Protection Commission’s …

Distinguished Programs, a national managing general agent (MGA) and insurance program manager, has expanded into the reinsurance market with the addition of Distinguished Reinsurance. The new platform has launched with its first group focused on property reinsurance, led by Frank …

A coalition of civil rights groups on Tuesday asked a state judge to order one of New York’s largest suburban counties to stop its deployment of nearly 600 license plate readers, calling it a warrantless and “indiscriminate surveillance system” that …

California medical providers and their medical director have agreed to pay $3.3 million to settle allegations they submitted claims to healthcare programs and commercial insurers for services that weren’t provided or supervised. San Francisco-based Circle Medical Care of California, Circle …

A Hawaii man was sentenced for filing claims with the Federal Emergency Management Agency seeking disaster relief related to the Lahaina and Pacific Palisades wildfires. Daylyn Harris, 35, of Honolulu, was sentenced to 24 months in prison, followed by five …

Nebraska Attorney General Hilgers announced a $4.87 million multistate settlement with GS Labs that resolves claims that the testing company overcharged patients, unlawfully charged administrative fees, and failed to deliver timely COVID-19 test results. The multistate coalition investigated a number …

Union Bay Acquisition, an aggregator of insurance agencies, has acquired the assets of Arlington Agency, Inc., based in Livonia, Michigan. Terms were not disclosed. This is Union Bay’s eighteenth acquisition, and fifth in the state of Michigan. Arlington Agency offers …

When Elon Musk kicked off Tesla Inc.‘s quarterly earnings call in July 2025, robotaxis were top of mind. The carmaker had just launched its automated ride-hailing service several weeks earlier in Austin, to glowing early reviews from the hand-picked crop …

Corpus Christi’s impending water crisis — and delayed action by city leaders — has become an issue in the race for Texas governor, with Gov. Greg Abbott threatening a state takeover of the city and his Democratic opponent, Gina Hinojosa, …

This edition of International People Moves details appointments at Willis Re and Aon’s Reinsurance Solutions business. A summary of these new hires follows here. Willis Re Names Former Guy Carpenter Exec Fletcher as CEO of Bermuda Willis Re, an international …

Westfield Specialty Launches New UK/Europe Liability Portfolio, Hiring 2 Execs From Everest Westfield Specialty International has expanded its casualty offering by launching a new UK and Europe liability portfolio, appointing Keith Knight, class underwriter, and Andy Skinner, deputy class underwriter, …

Berkshire Hathaway GUARD Insurance Companies announced the launch of a contractors general liability and inland marine solution, expanding its small commercial product suite to meet the needs of artisan contractors. The new offering through AmGUARD Insurance Company is initially available …