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News Archives - Insurance Journal

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 …

POSTED APRIL 30, 2026 9:37 AM
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 …

POSTED APRIL 30, 2026 8:58 AM
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 …

POSTED APRIL 30, 2026 6:00 AM
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 …

POSTED APRIL 30, 2026 5:08 AM
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 …

POSTED APRIL 30, 2026 5:05 AM
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 …

POSTED APRIL 30, 2026 5:03 AM
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 …

POSTED APRIL 30, 2026 5:00 AM
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 …

POSTED APRIL 30, 2026 5:00 AM
Public Adjuster Charged with Stealing $140K in Insurance Payouts
The Bucks County district attorney announced criminal charges against the owner and operator of Advanced Public Adjusters. Greg A. Micucci, of Bristol, is accused of misappropriating approximately $140,000 in insurance claim funds intended for nine victims and their contractors. The …

POSTED APRIL 30, 2026 5:00 AM
Cyberattack on NJ School Forces Debt Sale to Cover Stolen Funds
A cyberattack that stole $4.8 million in taxpayer money has spurred a New Jersey suburb to issue short-term debt as officials try to recover the funds. Spotswood, located roughly 40 miles outside New York City, was targeted by hackers last …

POSTED APRIL 30, 2026 5:00 AM

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