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Spain’s Blackout Probe Blames Grid Operator, Government, Watchdog
An inquiry by the Spanish Senate blames the government, as well the country’s grid operator and energy watchdog, for last year’s unprecedented blackout, according to preliminary conclusions made public on Wednesday. The probe by the upper house – which is …
POSTED APRIL 17, 2026 6:05 AM |
Reinsurers Least Successful Acquirers in Industry M&A: Analysis
A recently released analysis of insurance carrier and reinsurer mergers and acquisitions finds that 75% of recent deals featuring reinsurers and multiline insurers as buyers destroyed value for shareholders. The report, “Carrier Mergers & Acquisitions: Drivers, Implications & Outcomes,” published …
POSTED APRIL 17, 2026 5:26 AM |
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles
Almost all consumers agree that insurance policies should evolve to provide clearer coverage for micromobility vehicles on public roads, Nationwide shared in a new report. Nine in 10 respondents to a recent survey commissioned by the insurer held that view. …
POSTED APRIL 17, 2026 5:11 AM |
Mythos Poses Risk to SEC Market-Tracking Database, Group Says
Anthropic PBC’s new artificial intelligence model Mythos could put traders and the broader financial system at risk through a Securities and Exchange Commission database, the American Securities Association said Thursday. The financial-industry trade group warned of the potential for bad …
POSTED APRIL 17, 2026 5:06 AM |
UK Prepares for Food Shortages Caused by Iran War CO2 Crunch
The UK has drawn up plans to prepare for potential food disruption as the Iran conflict causes a drop-off in supplies of carbon dioxide used widely in the industry. In a “reasonable worst-case scenario,” officials don’t foresee aisles of empty …
POSTED APRIL 17, 2026 5:05 AM |
Bank of England Says it Is Testing AI Risks to Financial Ssystem
The Bank of England is testing the risks to the financial system caused by AI by conducting scenario analysis and simulations, the central bank said in a letter published by lawmakers on Thursday. The BoE said it disagreed with an …
POSTED APRIL 17, 2026 5:03 AM |
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market
Five hundred and fifty billion dollars. That is the figure at the center of the landmark strategic investment agreement the United States and Japan concluded on July 22, 2025. A commitment by Japan to direct capital into American industries on …
POSTED APRIL 17, 2026 5:03 AM |
Nord Stream Blasts Due to War, Say Insurers Seeking to Avoid Pay Out
The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday as they seek to avoid paying out nearly 580 million euros ($684 million) over blasts …
POSTED APRIL 17, 2026 5:01 AM |
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case
An insurance fraud scheme involving a bear costume, luxury vehicles and falsified damage claims has ended in convictions for three Los Angeles area residents. A California Department of Insurance investigation began after an insurance company suspected fraud after insureds claimed …
POSTED APRIL 17, 2026 5:00 AM |
70 Vehicle Pileup on Colorado Interstate Sends 8 to Hospital
Crashes involving about 70 vehicles snarled a section of a snowy Colorado highway and sent eight people to the hospital. The pileup Tuesday prompted officials to close the eastbound side of Interstate 70 in Clear Creek County, about 50 miles …
POSTED APRIL 17, 2026 5:00 AM |
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