Texas health officials failed to follow state law when they licensed Camp Mystic without making sure it had an evacuation plan, parents of nine children and counselors who died in the July 4 flood allege in a new federal lawsuit. …

Each morning, Katherine Prevost fills her coffee maker with water from her kitchen faucet and presses the button. Until recently, she didn’t know the water may have contained a potent neurotoxin — lead. She was shocked when a water test …

Top executives at some of Europe’s biggest insurance companies acknowledged widespread concern about private credit while seeking to reassure investors about their own investments in the asset class. Markets are worried “that when things don’t go well in the economy, …

The European Union needs to coordinate its plan to impose a full maritime services ban on Russia’s seaborne crude oil exports with other G7 countries before pushing ahead with the measure, the EU’s sanctions envoy said on Thursday. The European …

Root Inc. reported a fourth quarter 2025 net income of $5.3 million compared with net income of $22.1 million for the same period in 2024 but ended the year with record net income of $40.3 million, a 30% jump compared …

King Risk Partners, one of the largest U.S. agencies, with offices across the eastern half of the country, has acquired Georgia-based Lewis Insurance, an independent agency that writes personal and commercial coverage around the Southeast. Lewis, founded more than 30 …

Willis, a WTW business, said it has started a Global Digital Infrastructure Group to be led by Alastair Swift, head of Willis Global Specialties. The announcement comes on the heels of a newly unveiled data center risk management framework. The …

Cotality Appoints Former USAA CEO Peacock to Board Property information and analytics provider Cotality said it appointed former USAA chief executive Wayne Peacock as an independent member of its board, effective Feb. 18. Peacock spent 36 years with USAA, becoming …

Safety Insurance Group, Inc. reported that net income for the full year 2025 was $99.3 million compared to net income of $70.7 million for the 2024, a 40% increase. Net income for the quarter ended December 31, 2025 was $20.1 …

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG (Krose). Terms of the transaction were not disclosed. Founded in 1920, Krose provides commercial insurance and reinsurance solutions …

A net zero alliance for asset managers has resurrected itself after shelving its work last year amid a wave of US defections. The Net Zero Asset Managers initiative now has more than 250 signatories, including Aberdeen Investments and Amundi SA, …

A recent survey of more than 1,200 global businesses found that as artificial intelligence adoption accelerates, 82% of respondents report positive impacts on their organizations. Global insurance brokerage Gallagher recently released its third annual AI Adoption and Risk Survey, which …

French beauty group L’Oreal, British vacuum manufacturer Dyson and contact lens maker Bausch + Lomb became the latest corporations to sue for refunds of tariffs paid under President Donald Trump’s emergency trade measures, days after the U.S. Supreme Court ruled …

The Florida Cabinet and Gov. Ron DeSantis agreed Tuesday to give Hillsborough College a 22-acre (49-hectare) plot of state land in Tampa to use for a proposed ballpark for the Rays. Last month, the Rays ownership entered a memorandum of …

The American Equity Underwriters, one of the largest providers of workers’ compensation insurance for waterfront employees, has named Jason Lake senior vice president and director of loss control. Lake will succeed Jimmy Burgin, who plans to retire in July after …

The city of San Diego is paying $6 million to a group of insurers to compensate them for paying claims from floods in January 2024 floods. The city council granted final approval Tuesday to the settlement, part of a longer …

After a massive sewage spill in the Potomac River outside Washington, DC attracted the ire of President Donald Trump, federal officials are taking on a larger role in the disaster response — a job that could last months. The spill …

A federal judge has dismissed a lawsuit filed by New York City’s former interim police commissioner that accused the previous mayor, Eric Adams, and his top deputies of operating the New York Police Department (NYPD) as a “criminal enterprise.” The …

Delos Insurance Solutions made several promotions and appointments within its leadership team Co-founder Shanna McIntyre will move from chief data officer to become chief strategy officer, and Andrew Notohamiprodjo was promoted from head of data to chief data officer. Valencia …

A former insurance agent has been charged with pocketing more than $100,000 of premiums. Andre De Gazon, 56, of Bellflower, was arraigned this week in Orange County Superior Court on multiple felony counts of grand theft and embezzlement after allegedly …