4 hours ago
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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4 hours 7 minutes ago
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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4 hours 9 minutes ago
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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4 hours 41 minutes ago
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 …
Andrew G. Simpson
4 hours 59 minutes ago
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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5 hours 37 minutes ago
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 …
5 hours 41 minutes ago
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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5 hours 43 minutes ago
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 …
5 hours 56 minutes ago
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 …
7 hours 18 minutes ago
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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7 hours 57 minutes ago
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 …
8 hours 23 minutes ago
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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8 hours 28 minutes ago
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 …
8 hours 52 minutes ago
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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10 hours 19 minutes ago
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 …
10 hours 49 minutes ago
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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11 hours 12 minutes ago
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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14 hours 51 minutes ago
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, …
15 hours 23 minutes ago
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 …
Chad Hemenway
15 hours 25 minutes ago
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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