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2025 Was World’s Third-Warmest Year on Record: EU Scientists
The planet experienced its third-warmest year on record in 2025, and average temperatures have exceeded 1.5 degrees Celsius of global warming over three years, the longest period since records began, EU scientists said on Wednesday. The data from the European …
POSTED JANUARY 14, 2026 1:17 PM |
Sedgwick Launches Global Specialty Platform in London
Sedgwick, the Memphis, Tennessee-based risk and claims administration provider, announced the launch of its Sedgwick Global Specialty platform in London, a dedicated solution designed to handle the largest and most complex losses. The platform represents a major investment to drive …
POSTED JANUARY 14, 2026 12:58 PM |
Drones Hit Two Tankers in Black Sea, Driving Up War Insurance Costs
Drones struck two oil tankers in the Black Sea on Tuesday, including one chartered by U.S. oil major Chevron, the companies involved said, as they sailed toward a terminal on the Russian coast. Both were en route to the Yuzhnaya …
POSTED JANUARY 14, 2026 11:41 AM |
UK Actuaries Sound Alarm on Loss Models Downplaying Climate Risk
The finance industry is relying on climate models that understate the speed at which temperatures are rising, according to a fresh study by Britain’s main association of actuaries. The Institute and Faculty of Actuaries, which conducted its study together with …
POSTED JANUARY 14, 2026 10:58 AM |
Warburg Mulls $1 Billion Sale of London Insurance Broker McGill
Warburg Pincus is considering a possible sale of UK insurance broker McGill and Partners, according to people familiar with the matter. The private equity firm has held early talks with potential advisers to explore options for London-based McGill, the people …
POSTED JANUARY 14, 2026 10:34 AM |
Markets/Coverages: Aon Expands Data Center Lifecycle Insurance Program to $2.5B
Aon said it has expanded the capacity available in it Data Center Lifecycle Insurance Program from $1 billion to $2.5 billion. The expansion responds to accelerating global investment in cloud computing, artificial intelligence and digital infrastructure and increasing complexity of …
POSTED JANUARY 14, 2026 8:01 AM |
India Digital Insurer Acko Said to Seek Banks for $350 Million India IPO
Indian digital insurer Acko Technology & Services Pvt. has invited pitches from investment banks for a potential initial public offering to raise as much as $350 million, according to people familiar with the matter. The IPO, which may include a …
POSTED JANUARY 14, 2026 6:15 AM |
EPA Aims to Speed Permitting for Energy, AI Infrastructure With Rule Change
The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule concerns the 2023 finalization by the administration …
POSTED JANUARY 14, 2026 6:10 AM |
Fleets Must Stay on Top of Changes in Volume and Behavior to Reduce Crashes
While severe collisions declined last year, many factors influence commercial driving behavior. Though seasonal changes and distractions are expected, geopolitical factors add to less predictable freight patterns, shifting driving hazards inland. Utilizing commercial drivers’ dashcam data in the U.S., Mexico, …
POSTED JANUARY 14, 2026 6:09 AM |
Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates
Two independent claims adjusters in the Southeast have teamed up to create what they say is a quick, low-cost way for property owners to double-check insurance carriers’ damage estimates on claims. They’re calling it “CarFax for property insurance claims,” referring …
POSTED JANUARY 14, 2026 6:01 AM |
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