Insurance news

• Burst of New Solar Power Makes Midwest Grid the Biggest in US

  19-08-2026 18:31 via insurancejournal.com
  
  Growing solar power in a swath of the US Midwest dominated by Republican leadership has led that region’s electric grid to become the nation’s biggest in terms of electric supply. The Midcontinent Independent System Operator, which provides power to 45 …
  
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• Texas to Audit Data Center Projects

  19-08-2026 18:40 via insurancejournal.com
  
  The audit and verification of data centers ordered by Gov. Greg Abbott will involve about 250 to 300 projects, most of which are data centers, state grid operator officials told the Public Utility Commission on Friday. The officials’ testimony also …
  
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• Amazon to Expand Drone Deliveries to Suburban Chicago, Atlanta

  19-08-2026 18:32 via insurancejournal.com
  
  Amazon.com Inc. plans to expand its drone delivery operation to cities in at least five more US states in the coming months, the latest step toward turning the decade-old research-and-development project into a commercial service. Prime Air drones will start …
  
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• General Contractor Found Not Liable for Subcontractor Employee’s Injury

  19-08-2026 17:58 via insurancejournal.com
  
  A general contractor cannot be held liable for an injury of an employee of a subcontractor where the general contractor had little or no control over the subcontractor’s work or job environment. The Massachusetts Supreme Judicial Court this week upheld …
  
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• ICE Pitches Legal Insurance for Officers Who Make Immigration Arrests

  19-08-2026 17:40 via insurancejournal.com
  
  U.S. Immigration and Customs Enforcement is pitching a plan to help shield local police officers who make immigration arrests from possible financial consequences if they are accused of on-duty misconduct. The agency is proposing to subsidize liability insurance for state …
  
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• Maine Governor Names Darby as Acting Insurance Chief as Schott Departs

  19-08-2026 17:02 via insurancejournal.com
  
  Maine Governor Janet Mills has appointed Sandra Darby, an actuary with the Maine Bureau of Insurance, as Acting Superintendent of Insurance effective August 18, 2026. Darby succeeds Tim Schott, who has served as acting superintendent since June 8 when Superintendent …
  
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• Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million

  19-08-2026 16:58 via insurancejournal.com
  
  RockRose Risk, a US insurance brokerage specializing in wildfire zones, raised $12.5 million in a Series A funding round that was co-led by Crosslink Capital and Congruent Ventures, with participation from asset manager Nuveen. The San Francisco-based startup serves commercial …
  
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• People Moves: TSLA Selects Sandhu as New Executive Director

  19-08-2026 16:56 via insurancejournal.com
  
  The Texas Surplus Lines Association has announced the selection of Manpreet Sandhu as their Incoming Executive Director. Sandhu replaces Jean Patterson, who will be retiring at the end of 2026 with more than 45 years of service to TSLA. Patterson …
  
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• Seltzer Group Acquires Pennsylvania’s Trego Insurance Agency

  19-08-2026 16:43 via insurancejournal.com
  
  Seltzer Group Partners reported it has acquired Trego Insurance Agency in Wyomissing, Pennsylvania. Founded as an independent agency in 2020 and led by Steve Trego, Trego Insurance Agency serves commercial and personal lines clients across Pennsylvania and in several surrounding …
  
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• Ocean Heat Threatens to Supercharge Storm Season in Europe

  19-08-2026 15:22 via insurancejournal.com
  
  Rising temperatures in the ocean now have the potential to cause intense storms in Europe later this year, according to new research. The Mediterranean sea is heating up twice as fast as the average for oceans in the rest of …
  
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• At-Bay to Be Acquired by Munich Re for $575 Million

  19-08-2026 14:42 via insurancejournal.com
  
  Munich Re Group on Aug. 19 said it has agreed to acquire cyber insurtech At-Bay, Inc. for $575 million. The cyber insurance and managed detection and response (MDR) provider primarily serving small- to medium-sized enterprises in the U.S. will be …
  
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• Latin American P/C Insurers Enter Softer Market but Earnings Stay Resilient

  19-08-2026 14:17 via insurancejournal.com
  
  Latin American non-life insurers are moving into a softer part of the cycle, but they are doing so from a position of relative strength. After two years of pricing adjustments in response to the effects of the pandemic and the …
  
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• Willis Re Jumpstarts US Expansion With Buy of BMS Re, US

  19-08-2026 14:11 via insurancejournal.com
  
  To establish an operational presence in the U.S., reinsurance broker Willis Re on Aug. 18 said it is acquiring BMS Re, US. The deal includes BMS Intermediaries Inc. and BMS Capital Advisory LLC, as well as the associated US reinsurance …
  
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• Data Center Gas Plants to Boost US Power Emissions by 20%

  19-08-2026 13:48 via insurancejournal.com
  
  Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals. Ninety-nine proposed plants tracked by BloombergNEF would …
  
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• Second Suspect in Nord Stream Blasts Arrested in Croatia: Prosecutors

  19-08-2026 12:20 via insurancejournal.com
  
  A second suspect accused of taking part in the 2022 Nord Stream gas pipeline blasts has been arrested in Croatia and will be extradited to Germany, said German prosecutors on Wednesday. In its statement, the federal prosecutors’ office identified the …
  
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• Estonia Probes Russia Link in Fire at Defense Manufacturer

  19-08-2026 11:51 via insurancejournal.com
  
  Estonian authorities are investigating potential Russian involvement in a fire that broke out at a building used by defense company Milrem Robotics, according to Prime Minister Kristen Michal. The prosecutor’s office said on Tuesday it suspected an arson attack at …
  
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• Canadian Firms Have $360 Billion of Private Credit Exposure, Mostly in US

  19-08-2026 11:27 via insurancejournal.com
  
  Canadian financial institutions and funds have amassed roughly C$500 billion ($360 billion) of exposure to private credit, most of it outside the country, according to new research from the central bank. The bulk of the activity is in the US …
  
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• People Moves: Guy Carpenter Promotes New Global P/C Leaders; QBE Appoints Data Center Lead

  19-08-2026 07:49 via insurancejournal.com
  
  Guy Carpenter, a business of Marsh, appointed David Duffy as global property leader and Chris Ross as global casualty leader. Based in New York, Duffy and Ross will report to John Trace, CEO of North America and chief broking officer, …
  
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• People Moves: Guy Carpenter Promotes New Global P/C Leaders

  19-08-2026 07:49 via insurancejournal.com
  
  Guy Carpenter, a business of Marsh, appointed David Duffy as global property leader and Chris Ross as global casualty leader. Based in New York, Duffy and Ross will report to John Trace, CEO of North America and chief broking officer, …
  
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• People Moves: Aon Appoints Leadership for N.A. Middle Market, Names Hammond Global Exec Chairman of Middle Market; Guy Carpenter Promotes New Global P/C Leaders

  19-08-2026 07:49 via insurancejournal.com
  
  Guy Carpenter, a business of Marsh, appointed David Duffy as global property leader and Chris Ross as global casualty leader. Based in New York, Duffy and Ross will report to John Trace, CEO of North America and chief broking officer, …
  
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• Regulator Objections Quantified: ZestyAI Says 44% of Filings Have at Least One

  19-08-2026 07:16 via insurancejournal.com
  
  ZestyAI said it looked at tens of thousands of home, auto, and commercial property rate filings in all 50 states and found just how long regulator objections can hold up the approval process. About 44%, or 8,776, of filings analyzed …
  
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• Death of Irish Teens in Crash Prompts Social Media Warning

  19-08-2026 07:15 via insurancejournal.com
  
  A car crash that claimed the lives of five teenagers in Ireland early Sunday has raised police concerns about the role social media plays in dangerous driving incidents in the country. The teenage boys were driving in a car on …
  
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• Climate Damage: The Next Hit to Europe’s Public Finances

  19-08-2026 07:05 via insurancejournal.com
  
  Someone will have to pick up the tab for the damage wrought by Europe’s increasingly volatile weather, and with the bulk of those economic losses uninsured, that will be the public purse unless immediate action is taken. This year’s wildfires …
  
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• People Moves: Lindberg Whistleblower Obusek to Retire After 30 Years With NCDOI

  19-08-2026 07:02 via insurancejournal.com
  
  The North Carolina regulator who raised the first red flags about now-imprisoned insurance executive Greg Lindberg’s business practices has decided to retire after 30 years with the state Department of Insurance. Jackie Obusek, who has been chief deputy insurance commissioner …
  
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• People: Lindberg Whistleblower Obusek to Retire After 30 Years With NCDOI

  19-08-2026 07:02 via insurancejournal.com
  
  The North Carolina regulator who raised the first red flags about now-imprisoned insurance executive Greg Lindberg’s business practices has decided to retire after 30 years with the state Department of Insurance. Jackie Obusek, who has been chief deputy insurance commissioner …
  
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• State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review

  19-08-2026 07:01 via insurancejournal.com
  
  The Alabama Supreme Court has opened the window a little wider into insurance carriers’ claims-handling procedures, not only requiring them to be made available in some lawsuits but also to be shared with plaintiffs’ lawyers in similar litigation. The high …
  
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• Pennsylvania Imposes New Rules to Set Up AI Data Centers in State

  19-08-2026 07:00 via insurancejournal.com
  
  Pennsylvania Governor Josh Shapiro on Tuesday signed an executive order that would require companies setting up AI data centers in the state to meet environmental and transparency safeguards and secure local community approval for the projects. The state has become …
  
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• A $100 Million Mall Reopening Is a Sign of LA’s Uneven Fire Recovery

  19-08-2026 07:00 via insurancejournal.com
  
  There’s a flurry of construction in Pacific Palisades, more than a year and a half after a wildfire ravaged the Los Angeles enclave in the most destructive blazes in Southern California history. There’s also a lot of frustration. At the …
  
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• Luigi Mangione’s State Murder Trial Postponed Indefinitely

  19-08-2026 04:01 via insurancejournal.com
  
  Luigi Mangione’s New York State murder trial in the killing of UnitedHealthcare CEO Brian Thompson, which was slated to begin Sept. 8, has been postponed indefinitely as his lawyers seek to have the case thrown out on double jeopardy grounds …
  
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• People Moves: Aon CFO Reese Steps Down After 2 Years, Succeeded by Virana in Interim Role; Miller Bermuda Taps Gallagher’s Vickers as Senior Director, Property

  18-08-2026 17:59 via insurancejournal.com
  
  This edition of International People Moves details appointments at the brokers Aon and Miller Bermuda. A summary of these new hires follows here. Aon CFO Reese Steps Down After 2 Years, Succeeded by Virana in Interim Role Insurance broker Aon …
  
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