INSURANCE NEWS
Apple Attacks EU Crackdown in Digital Law’s Biggest Court Test
Apple Inc. lashed out at the European Union’s attempts to tame the power of Silicon Valley in the most far-reaching legal challenge of the bloc’s Big Tech antitrust rules. The iPhone maker’s lawyer Daniel Beard told the General Court in …
US Saw Record $101 Billion in Weather Losses Through June
The US saw more than $101 billion in losses from severe storms and fires in the first half of 2025, setting a record. That’s according to a database of billion-dollar disasters that a nonprofit has re-launched since the Trump administration …
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
The recent 15-hour or so outage at Amazon Web Services (AWS) again raised questions about the potential for systemic loss to the cyber insurance market, but losses from the temporary lapse in cloud services is not likely to be catastrophic. …
Colorado’s Regulator Warns Insurers About Auto Shops Waiving Deductibles
Colorado’s Insurance regulator is warning consumers and insurers about trend in auto shops in the state offering to waive deductibles. “The Division has become aware that certain auto repair shops in Colorado are advertising or engaging in practices that involve …
Liberty Mutual Signs on as Title Sponsor for Music City Bowl in Nashville
It’s not the Liberty Bowl, but the Music City Bowl in Nashville that Liberty Mutual Insurance is sponsoring this year, giving the insurance carrier more branding exposure in a Dec. 30 matchup between Southeastern Conference and Big Ten football teams. …
Supreme Court Declines to Revive Mumps Vaccine Antitrust Case Against Merck
The U.S. Supreme Court declined on Monday to hear a bid by a group of physicians and healthcare providers to revive their antitrust lawsuit accusing drugmaker Merck of misleading federal regulators to maintain a decades-long monopoly over the mumps vaccine …
Australia Tells AI Chatbot Companies to Detail Child Protection Steps
Australia has ordered four artificial-intelligence chatbot companies to explain their measures to protect children from exposure to sexual or self-harm material, as its internet regulator beefs up safety measures on the AI front. The realistic conversational abilities of such services …
Driver Crashes Into Birthday Party Killing Woman and Injuring 8 Kids in Maryland
A hit-and-run driver slammed into an outdoor birthday party in suburban Washington, D.C., killing a woman and injuring eight kids on Saturday evening, police said. Thirteen people were hurt in the the crash in Bladensburg, Maryland, according to statements from …
People Moves: Zurich’s BOXX Insurance Names Key Appointments in Distribution, Underwriting, Claims; HDI Global Appoints Smart to Lead Global Bloodstock & Equine
This edition of International People Moves details appointments at insurtech BOXX Insurance and HDI Global. A summary of these new hires follows here. Zurich’s BOXX Insurance Names Key Appointments in Distribution, Underwriting, Claims BOXX Insurance, the Toronto-based cyber insurtech, announced …
Baidu to Bring Robotaxis Without Steering Wheels to Switzerland
Chinese internet giant Baidu Inc. and a Swiss Post subsidiary will start autonomous vehicle testing in Switzerland by the end of this year as they seek to launch the world’s first robotaxis without steering wheels to the public in 2027. …
Jewelry Stolen From Louvre Valued at 88 Million Euros, Paris Prosecutor Says
Thieves who staged a daring daylight heist at the Louvre museum in Paris made off with jewels worth an estimated 88 million euros ($102.63 million), Paris public prosecutor Laure Beccuau said on Tuesday. “It is important to remember that this …
Britain Will Make it Easier to Fine Water Firms for Pollution
The UK plans to make it easier to fine water companies that harm the environment, ramping up pressure on firms blamed for chronic sewage spills. The government wants to allow the Environment Agency to impose “quicker penalties of up to …