The El Nino weather pattern that could cause a record rise in ocean temperatures in coming months poses a “meaningful risk” of higher U.S. inflation in 2027 even as it also will likely add to employment, according to research published …

Small and midsize carriers “form the backbone” of the private insurance market, and they are being bogged down by the cost of regulatory and corporate compliance. The American Property Casualty Insurance Association (APCIA) is starting an initiative to try and …

Paperclip, Inc., a New Jersey-based insurance technology company, announced that it has completed the acquisition of Apis Productions, LLC. Apis provides technology for the insurance industry including websites and portals, hosting and security, custom application development, marketing, and AI consulting …

Jane Kim led fellow Democrat Ben Allen in the race for California insurance commissioner with by more than 265,000 votes in Tuesday’s election. As of Wednesday morning, 99.8% of precincts had reported in. Kim had 52% of the vote. Kim …

A Massachusetts Superior Court judge recently found a municipal insurer responsible for a share of a $14.9 million settlement with a man wrongly incarcerated for 36 years. MIIA Property & Casualty Group, Inc. was ordered to pay the town of …

European Central Bank President Christine Lagarde urged Europe on Wednesday to boost climate-related insurance, invest more in power infrastructure and help companies generate their own electricity, saying last summer’s extreme heat should serve as a warning. Ahead of next week’s …

A cyberattack on supermarket fridges across Europe is just an early sign of what are likely to be increasingly frequent disruptions as old technology fails to keep pace with hackers, Britain’s cybersecurity chief said on Tuesday. On Monday, fridges and …

Crédit Mutuel Arkéa said hackers stole money from it after gaining access to its computer systems, underscoring the growing cybersecurity risks for the banking sector. The French lender “was the victim of a cyberattack that enabled fraudulent transactions to be …

3M Co. is committing $7.35 billion over nine years to settle litigation related to its use of chemicals known as PFAS. The company said the commitment would address almost all of the 115,000 to 120,000 personal injury claims that are …

European supermarkets targeted in a second wave of cyberattacks that cranked up fridge and freezer temperatures were rushing on Tuesday to upgrade their systems and protect themselves against further hacking attempts. Stores in eight European countries were forced to throw …

South Africa’s iconic Kruger National Park faces a substantial funding shortfall to repair severe flood damage, restricting visitor numbers. The vast wildlife reserve, a popular international tourist destination and home to critically endangered species such as the black rhinoceros, suffered …

Resilience, headquartered in San Francisco, promoted Chris Pitcher to head of North America underwriting strategy and operations and Alex Carleton to U.S. distribution leader. Pitcher joined Resilience in 2025 and most recently served as senior vice president of enterprise underwriting …