Hurricane Readiness: Florida’s 2026 Atlantic hurricane season kicks off June 1, with NOAA forecasting a below-normal storm count but warning that any season can still bring a major hit. Insurance Claims Dispute: A week after a Garden Grove chemical tank overheating crisis, evacuees say insurers are denying “loss of use” hotel costs, citing that no explosion occurred. Global Expansion & Pricing: Mapfre says it will scale its large risks business from Madrid across Europe and the U.S., adding cyber and parametric growth as it flags potential price pressure tied to the War in Iran. AI & Risk Alliance: The UK and Australia are teaming up on AI safety to tackle advanced model risks, including how to prevent cyberattacks. Regulatory Watch (China): China’s insurance sector is bracing for regulator moves after eight agencies issued a plan to crack down on illegal cross-border securities and fund operations. Market/Company Moves: LIC is pushing to improve returns from its real estate portfolio and is also in focus for dividend/bonus mechanics affecting shareholders. Legal Precedent: The Ninth Circuit ruled aggregate limits don’t apply to certain older CGL premises-operations claims, a win for policyholders. Fraud & Safety: California drivers were arraigned in an alleged staged crash insurance fraud scheme, while NHTSA opened a probe into nearly 115,000 Rivian vehicles over a rear toe-link issue.