Full content: As Europe comes to grips with its fifth heat wave of the year, the research arm of Swiss Re AG is warning of far-reaching consequences. “Record heat underscores Europe’s chronic heat risk,” the authors of the Swiss Re Institute report …

Full content: Growth in e-scooter use in Germany is powering ahead thanks to private demand rather than the rental fleets that first drove their popularity, as operators like Lime and Bolt grapple with increasingly unfavorable business conditions. Last year, more than 80% …

Full content: A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet’s Google, ByteDance’s TikTok, and other social media companies over claims they designed their products to be addictive to young users. The San Francisco-based …

Full content: One farm worker died from heat exposure in 2020, resulting in a fine and citation from the U.S. Occupational Safety and Health Administration. Two years later, the employer failed to follow its remedial safety guidelines for heat exposure, failed to …

Full content: Montana State Auditor James Brown suspended the insurance producer license of a bail bondsman accused of exploiting people under his supervision, including trading services for sex and allegedly taking possession of vehicle titles without proper documentation, authorization or timely return …

Full content: A sophisticated scam targeting Spanish-speaking injured workers is ongoing in Oregon, authorities are warning. The Oregon Department of Consumer and Business Services is warning people the scam targeting Spanish-speaking injured workers in Oregon and around the country involves workers being …

Full content: A judge approved a $106 million settlement Thursday that ends a yearslong legal battle over the deadly 2019 collapse of a Hard Rock Hotel that was under construction in New Orleans. The 18-story hotel project partially collapsed in October 2019, …

Full content: The remains of 56 people were found improperly stored and decomposing Thursday at a Chicago funeral home run by a couple who previously operated a crematory that was similarly shut down because of mishandled remains, authorities said. Illinois state officials, …

Full content: The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge, leading to another traditional soft …

Full content: Eric Andersen, new CEO of American International Group (AIG), offered an in-depth view of the company during his first earnings call at the helm, referring to opportunities within current marketplace conditions. Andersen said the market is “transition from an extended …

Full content: Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …

Full content: A deadly earthquake hit Colombia on Monday morning, toppling buildings, burying people under rubble and leaving more than 100 dead in the Pacific region and the central Andes. The magnitude 7.4 quake struck at 7:34 a.m. local time near the …

Full content: Rokstone, the London-based specialty re/insurance managing general agent (MGA), announced that its new Athena Cyber Division has launched a customer and supplier supply chain disruption extension. The solution enhances total supply chain security, covering losses arising from cyberattacks affecting both …

Full content: More than 20,000 people were ordered to evacuate one of Canada’s top wine-producing regions as an uncontrolled wildfire spread rapidly, forcing local authorities to declare a province-wide state of emergency. Authorities ordered the town of Summerland and nearby communities in …