INSURANCE NEWS

Mississippi Middle School Students Stop Bus From Crashing After Driver Blacks Out

Quick-thinking middle school students in Mississippi kept their school bus from crashing after their driver passed out while on a four-lane highway. The bus had just left Hancock Middle School in Hancock County last week with about 40 children on …
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California Gasoline Price Surges Above $6 as Iran War Fans Gains

Gasoline in California has topped $6 a gallon as the global energy crunch from the Iran war reverberates. The average statewide price for regular gasoline rose to $6.01, according to data from the American Automobile Association. That’s the highest since …
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Grant Thornton: Insurers See AI Gains But Face Governance Gap

Insurers are seeing gains from artificial intelligence, but many are also exposing themselves to unnecessary risks, according to a new Grant Thornton report. The independent CPA firm’s 2026 AI Impact Survey Report found that 44% of insurance executives say governance …
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Markets/Coverages: Willis’ Merger Protect to Help With M&A Compliance Costs; Axon Cyber Launches for Small Enterprises

Willis, a WTW business, has launched Merger Protect, a specialty insurance solution to help organizations manage the financial impact of U.S. antitrust regulatory review in mergers and acquisitions transactions. Merger Protect forms part of Willis’ broader transactional risk offering, designed …
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Nearly All of Europe Had Above-Average Heat Last Year, as Climate Records Toppled

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 …
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Australia Regulator Threatens Enforcement for Poor AI Controls

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 …
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Red-State AGs Call Out Credit-Rating Companies Over ESG

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 …
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Cyber Threat Literacy, AI Disruption Top Risks to an Organization’s People

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 …
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Portugal Launches $26.5 Billion Resilience Plan After Storms and Blackout

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 …
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Families of Canadian Mass Shooting Victims Sue OpenAI in US Court

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 …
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Billionaire Tax Proposal in California on Track to Qualify for Ballot, Say Backers

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 …
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People Moves: The Doctors Company Makes Key Medical Professional Liability Leadership Appointments

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 …
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