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Insurance and Financial Implications of France‘s Supermarket Refrigeration Cyberattack Keeping things cool is generally a good idea in the supermarket business. When a cyberattack reportedly interferes with refrigeration systems, the consequences can extend well beyond a few melted ice creams. …

Trident Reciprocal Exchange is one of the new kids on the Florida block. It was launched in 2024 as the long-distressed Florida property insurance market began to thaw following statutory changes that clamped down on spiraling claims lawsuits in the …

The US government is working to address and stop any potential cybersecurity issues stemming from flaws in PHP, a widely used open-source software, that may impact federal agencies and American critical infrastructure, according to a White House official. The programming …

The Tennessee Supreme Court has rejected a rule change that would have allowed private equity companies to own law firms, blocking one avenue that insurance groups have warned could lead to more litigation, more high-dollar jury awards and higher defense …

Plymouth Rock Assurance Co. has sold a western Massachusetts independent agency it bought more than 25 years ago. The buyer, MountainOne Insurance Agency, is owned by regional bank MountainOne Bank. The sale of Amherst-based Encharter Insurance Agency by Plymouth Rock …

The world can no longer keep global warming below 1.5C and must now focus on minimizing its overshoot, the United Nations said ahead of next month’s COP31 climate talks in Turkey. The US retreat from the fight is making it …

Cal/OSHA cited two employers with $212,500 following a tunnel collapse near that killed one worker and seriously injured another. The agency said both employers failed to provide adequate ground support to protect employees working in the tunnel in Knights Ferry, …

SAGE Program Underwriters hired Ken Kaufmann as a senior vice president. He will help SAGE expand its distribution network, identify new program opportunities and serve as a field underwriter. Kaufmann has more than 10 years of insurance experience with a …

After a seven-day trial in Dutchess County, a New York state jury handed down a $6.8 million verdict against a nursing home and its four owners who were accused of chronic understaffing that led to severe patient neglect. The jury …

In the long-simmering clash between property insurers and public adjusters, the adjusters now have Florida’s chief law enforcement officer on their side, after state Attorney General James Uthmeier announced his office will investigate anti-public adjuster endorsements in some Florida insurance …

Dozens of cattle spilled onto a street in Kansas City, Missouri, when a semitractor-trailer plunged off a highway overpass in the city’s downtown area and onto a car early Sunday, shutting down some roads and setting off a search for …

A federal grand jury in Des Moines, Iowa recently returned an indictment charging Willam Bernard Tunink with 10 counts of wire fraud related to a Ponzi scheme involving multiple victims and millions of dollars of loss to the victims. As …

The Texas Department of Insurance this week launched an insurance fraud task force that includes representatives from law enforcement, the insurance industry, consumer groups and other partners. The task force was initiated at the direction of Governor Greg Abbott, who …

The U.S. airman who died after a rapid fall while rappelling from the rafters of a stadium before a college football game in Texas was a 15-year service member from Georgia, according to the Air Force. U.S. Air Force Tech. …

Insurtech SecondSight announced six executive appointments to lead the company’s expansion into additional lines of business. Derek Foreman joins as chief operating officer, Dan Shoten as chief customer officer, James Tullett and David Anderson as co-heads of client engagement, Kenneth …

Global insured losses from natural catastrophes reached US$92 billion during the first nine months of 2026, 29% below the 10-year average (US$128 billion) and the lowest year-to-date insured loss total since 2019, according to Gallagher Re. The insurance industry has …

Chrome Holding Co., formerly 23andMe, reached a $6 million settlement to resolve allegations that the genetic testing company failed to protect personal information and genetic data of customers in a 2023 data breach. The 2023 data breach affected nearly 7 …

Britain’s first named storm of the autumn will be stronger than previously thought when it sweeps across the country later this week. Gusts from Storm Austen may reach 80 miles (129 kilometers) per hour in coastal areas, equivalent to a …

Commercial insurance rates fell globally for the ninth straight quarter during the third quarter of 2026. According to the latest Global Insurance Market Index released by Marsh, global commercial insurance rates fell, on average, by 5% in Q3. This followed …

US food importer Gellert Global Group on Tuesday sued to stop the Trump administration’s latest tariffs on imports from Canada, saying the duties represent another attempt to claim presidential tariff power that has been rejected in court. Republican President Donald …