INSURANCE NEWS
Pilot Dies in Plane Crash at Provincetown Airport
A small private plane with only the pilot on board crashed at Provincetown Municipal Airport on Cape Cod on Sunday. The pilot was pronounced dead at the scene. According to officials of the Massachusetts seaside town, the plane crash took …
Chatbot Grok Makes Sexual Images of Kids as Users Test AI Guardrails
Elon Musk’s artificial intelligence chatbot Grok has created sexualized images of people including minors on the social media platform X in response to user prompts in recent days, drawing rebuke from officials such as the French government. Grok created and …
Howden Buys M&A Insurance Broker Atlantic Group in US Expansion
UK insurance broker Howden agreed to buy M&A protection specialist Atlantic Group as the City firm presses ahead with a rapid expansion in the key US market. Atlantic Group’s founders — Richard French, Joe O’Brien and David Haigh — will …
Swiss Bar’s Owners Face Criminal Negligence Probe After Fire
Valais public prosecutors have opened a criminal investigation into the operators of Le Constellation Bar in Crans Montana, Switzerland, after a fatal fire that broke out on New Years Eve. Following the initial investigation conducted by the Valais public prosecutor’s …
UK Set New Annual Heat and Sunshine Records Last Year
The UK just wrapped the warmest and sunniest year ever recorded. The average temperature for the UK in 2025 was 10.09C, the warmest since modern weather observation started in 1884, according to new data released by the UK Met Office. …
Europe Saw Record Surge in Renewable Output, Driving Below-Zero Power Prices in 2025
Surging renewable output overwhelmed Europe’s power grid in 2025, driving electricity prices below zero more often than ever before. Negative power prices are underscoring how rapid growth in renewable generation is colliding with stagnant demand and persistent grid constraints in …
US Military Operation in Venezuela Disrupts Caribbean Travel
The U.S. military operation that captured Venezuelan President Nicolás Maduro and flew him out of the country early Saturday also disrupted Caribbean travel at a busy travel time for the region. No airline flights were crossing over Venezuela that day, …
Trump’s Venezuela Gambit Tests Investor Appetite for Geopolitical Risk
Markets may have shrugged off the audacious U.S. capture of Venezuelan President Nicolas Maduro, but some investors warn that geopolitical risks are perhaps being underestimated after Donald Trump threatened further action in the Americas. Investors held their nerve on Monday, …
‘Trump’s EPA’ in 2025: A Fossil Fuel-Friendly Approach to Deregulation
The Trump administration has transformed the Environmental Protection Agency in its first year, cutting federal limits on air and water pollution and promoting fossil fuels, a metamorphosis that clashes with the agency’s historic mission to protect human health and the …
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization
Risk appetite among high-net-worth individuals has dropped sharply, according to a new high-net-worth outlook from HUB International. Per the report, only 25% of HNW individuals are willing to assume more risk for premium savings—down from 39% in 2023. HUB found …
’60 Minutes’ Homeowners Ask Court to Force DFS to Divulge Heritage Probe Info
If Florida property insurance companies and regulators hoped a complaint about altered adjusters’ reports would quietly fade away, a lawsuit by a homeowner at the heart of the controversy has brought new attention to the matter. North Port homeowners Jeffrey …
Four in New Jersey Face Charges in Alleged $250K Travel Insurance Scam
Four people have been indicted in New Jersey for their alleged roles in a scheme to file fraudulent travel insurance claims worth more than $250,000. They are accused of taking out multiple travel insurance policies and then filing claims against …