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Almost all of Europe experienced above-average heat in 2025, a year that broke records for wildfires, sea temperatures and heatwaves as climate change worsens, EU scientists and the World Meteorological Organization said on Wednesday. At least 95% of Europe experienced …

Australia’s top prudential regulator said it will take action against companies that fail to adequately control cybersecurity threats, as concerns within the industry mount over Anthropic PBC’s latest AI model Mythos. The Australian Prudential Regulation Authority is finalizing a plan …

A group of state attorneys general wrote to the US Securities and Exchange Commission and major credit-rating firms, raising concerns about the use of environmental, social and governance factors in downgrade decisions. The officials from 23 Republican-led states, which include …

According to thousands of human resources and risk professionals surveyed by Marsh, inadequate cyber threat literacy ranks as the number one risk to people. It makes sense, since human error continues to be a top cause of cyber losses. Phishing …

Portugal’s government on Tuesday announced a 22.6 billion euro ($26.5 billion) investment program to roll out over nine years, aimed at mitigating risks including climate change and power outages. The plan was initiated after severe storms hit central mainland Portugal …

Family members of victims of one of Canada’s deadliest mass shootings sued OpenAI and its CEO Sam Altman in U.S. court on Wednesday, alleging the company identified the shooter as a credible threat eight months before the attack but did …

A controversial proposal in California to temporarily increase taxes on billionaires has enough signatures to qualify for the November ballot, a labor union backing the measure said. The proposal, backed by the Service Employees International Union Healthcare Workers West, would …

The Doctors Company made several leadership appointments to add its medical professional liability operations. Todd Zeiter has been promoted to chief underwriting officer. He has amassed an underwriting and reinsurance background and nearly three decades at The Doctors Company. He …

The Bucks County district attorney announced criminal charges against the owner and operator of Advanced Public Adjusters. Greg A. Micucci, of Bristol, Pennsylvania, is accused of misappropriating approximately $140,000 in insurance claim funds intended for nine victims and their contractors. …

A cyberattack that stole $4.8 million in taxpayer money has spurred a New Jersey suburb to issue short-term debt as officials try to recover the funds. Spotswood, located roughly 40 miles outside New York City, was targeted by hackers last …

Three Brown University students injured in a shooting on the school’s Providence, Rhode Island campus last December have filed negligence lawsuits alleging that the Ivy League school ignored warnings about the shooter and failed to provide adequate security. Eleven people …

Allstate Corp. first quarter 2026 net income applicable to common shareholders more than quadrupled compared with the same time a year ago, due to a large gain in underwriting income. Net income was $2.4 billion for Q1 versus $566 million …

Kansas Insurance Commissioner Vicki Schmidt announced a Cherokee County man has been sentenced to 24 months of probation for insurance fraud. Chad Ashe, aged 43, pleaded guilty on January 21, 2026, in Cherokee County District Court to one felony count …

The Bank of England’s regulatory arm on Wednesday set out plans to tighten the capital treatment of funded reinsurance, a type of deal in which life insurers pass on risk to offshore reinsurers. British life insurers will have to increase …

Some of the biggest names in oil trading are becoming embroiled in a complex web of disputes that could be worth many billions of dollars, as the industry wrangles over who should be liable for contracted shipments that weren’t delivered …

Insurtech Lemonade reported a first quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth was positive, with 159% increase in year-to-year …

GEICO leadership said this week that the company is working with Florida policyholders after a snafu inadvertently alerted people that their driver licenses had been suspended. The auto and property insurance company did not reveal details about what happened, only …

The California Department of Motor Vehicles on Tuesday adopted new regulations for autonomous vehicles, allowing manufacturers to test and deploy heavy-duty driverless vehicle technology on the state’s roads. Related: Tesla Avoids California Sales Halt Over Autopilot Marketing The new regulations …

A workers’ compensation claim has turned into accusations that the billionaire frontrunner in the Georgia governor’s race, a health care executive who has vowed to deport more immigrants, hired illegal immigrants to work on his property. Republican Rick Jackson, founder …

Industry executives who described insurance and reinsurance markets as “rational” in the not-so-distant past are now using words like “dumb” and “bizarre” to characterize soft-market competitor moves happening faster than expected, and in unusual places. W. Robert Berkley, Jr., chief …