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US data center development has slowed because the power grid is reaching its limit to accommodate more large facilities, according to research from energy consultancy Wood Mackenzie. Developers added data centers that would consume about 25 gigawatts...
Posted: Mar 16, 2026
A man was charged week with selling a stolen gun to Mohamed Bailor Jalloh, a former member of the Army National Guard who used it to kill one person and wound two others at Old Dominion University, federal authorities said. …
Posted: Mar 16, 2026
In a three-way deal, TPG, an asset management firm, has launched an insurance brokerage with offices in South Carolina. That brokerage, Third Wave Insurance, has acquired Palmer & Cay, an insurance and employee benefits brokerage in Atlanta. Palm...
Posted: Mar 16, 2026
UK defined benefit (DB) pension schemes are being encouraged to evaluate the full range of available endgame options as the market evolves, according to Aon plc, a professional services firm that provides risk, retirement and health solutions. The...
Posted: Mar 16, 2026
Starbucks may be neglecting the financial and reputational risks that stem from labor disputes, two proxy advisory firms are warning shareholders. The warnings come more than a year after contract talks between the company and its U.S. union, formed...
Posted: Mar 16, 2026
SiriusPoint, a specialty insurer and reinsurer, has announced changes to its business structure, which will now operate through four business areas: Global P&C Programs, Global Reinsurance, Global Accident & Health, and a London Market Spe...
Posted: Mar 16, 2026
The California Earthquake Authority’s (CEA) total traditional reinsurance limit amounted to $5.037 billion at the end of 2025, which combined with in-force protection from catastrophe bonds of $2.875 billion, saw the entity’s total risk tran...
Posted: Mar 16, 2026
Only 3 in 10 Americans Review Insurance Annually, Says Big I Survey Though people understand...
Posted: Mar 16, 2026
Underreported silica-related symptoms quietly put workers at risk of serious, lasting harm. The post The Hidden...
Posted: Mar 16, 2026
McGill and Partners and American International Group said they collaborating to perhaps disrupt the subscription market—using agentic artificial intelligence to deploy capital to clients. AIG said the digital-first platform of the London-based indepe...
Posted: Mar 16, 2026
The disruption to energy markets caused by the Iran war is a lesson on the risks of relying on fossil fuels which should drive governments to wean their economies off oil and gas faster, the U.N. climate secretary told Reuters …
Posted: Mar 16, 2026
Fitch Ratings has downgraded African Risk Capacity (ARC Ltd.)’s Insurer Financial Strength (IFS) Rating to ‘BBB+’ from ‘A-’ and its Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB+’, reflecting a decline in the firm’s standalone credit qu...
Posted: Mar 16, 2026
SiriusPoint Ltd., the Bermuda-based specialty underwriter, announced changes to its business structure as part of the next phase of the company’s evolution. SiriusPoint will now operate through four business areas, including three globally focu...
Posted: Mar 16, 2026
McGill and Partners and AIG have teamed up in the subscription market to give clients seamless access to high-quality insurance solutions, supported by long-term capacity and managed with agentic AI. As part of the collaboration, AIG conducted a d...
Posted: Mar 16, 2026
Atrium, a leading specialty insurer at Lloyd’s, has announced the appointment of James Lakin as Head of Outwards Reinsurance. In this position, he will lead the design and placement of Atrium’s outward reinsurance programmes, ensuring the strategy...
Posted: Mar 16, 2026
In the town of Le Bourget outside Paris, Sofiane Milous, a candidate in France’s municipal elections, is vowing to reverse plans for a data center he says will intensify heat islands, worsen noise pollution and create few local jobs. The …...
Posted: Mar 16, 2026
QBE Re, the reinsurance arm of insurer QBE Insurance Group, has named Soichiro Tanaka as its new Head of Southeast Asia. Tanaka has more than 13 years of experience in insurance and reinsurance markets across Asia. He joins from Aspen Insurance Ho...
Posted: Mar 16, 2026
Global specialty broker Price Forbes continues to expand its newly formed treaty reinsurance team in Singapore with four senior appointments – Bruce Ford, Goh Thian Leong, Mark Foster, and Florence Lam Puoy Yin. These appointments follow the recen...
Posted: Mar 16, 2026
Allianz SE, the German multinational financial services and insurance group headquartered in Munich, has announced a series of leadership and portfolio changes within its Board of Management as part of long-term succession planning and organisatio...
Posted: Mar 16, 2026
Following through on an old threat, Iran has effectively closed the Strait of Hormuz, cutting off a vital waterway that normally carries about a fifth of global oil and liquefied natural gas supplies, in retaliation for U.S.-Israeli strikes. As oil &...
Posted: Mar 16, 2026
Zurich-based reinsurer Echo Re has received approval from the International Financial Services Centres Authority (IFSCA) of India to establish a reinsurance branch office in Gujarat International Finance Tec-City (GIFT City), strengthening its ope...
Posted: Mar 16, 2026
A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to rollback its civil rights code last year. The preemption law took effect Tuesday, as soon as …
Posted: Mar 16, 2026
A new AM Best report has warned that if the ongoing Middle East conflict continues or escalates, reinsurers may need to reassess their risk exposure, with renewals becoming a critical inflection point for the sector in regional markets. According...
Posted: Mar 16, 2026
Posted: Mar 16, 2026
The imminent depletion of water supplies in Corpus Christi threatens to cut off the flow of jet fuel to Texas airports and other oil exports from one of the nation’s largest petroleum ports, triggering potential shockwaves through energy market...
Posted: Mar 16, 2026
Incline, an insurance program market services firm, has announced the promotion of Andrew McLennan to Chief Risk Officer, and the appointment of Rob Strickland as Chief Information Officer. “These leadership decisions reflect our focus on bu...
Posted: Mar 16, 2026
The ride-sharing company Lyft will ensure the rights of blind and other disabled passengers across the country to travel with their service animals under a settlement announced in Minnesota on Wednesday. College student Tori Andres turned to the Minn...
Posted: Mar 16, 2026
Blizzards, wildfires and thunderstorms swirling toward the eastern US have knocked out power to thousands and grounded hundreds of flights across the Midwest. Heavy snow touched off blizzard warnings from South Dakota to Michigan’s Upper Penins...
Posted: Mar 16, 2026
Arrowhead Programs, a managing general agency that designs and administers specialty insurance programmes, has announced the formation of Arrowhead Public Entity, a practice group dedicated to public-sector insurance. The new group combines public...
Posted: Mar 16, 2026
A federal judge on Friday ordered the Trump administration to continue funding the U.S. Consumer Financial Protection Bureau indefinitely, saying top officials had unlawfully relied on deficient legal advice to justify their refusal to do so. The rul...
Posted: Mar 16, 2026
The Environmental Protection Agency proposed Friday to weaken air pollution limits on a chemical used to sterilize medical equipment, a move that would reverse a Biden administration finding of high cancer risks at manufacturing facilities that use e...
Posted: Mar 16, 2026
The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday. The Iran war has...
Posted: Mar 16, 2026
AM Best reports it has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Farmers Mutual Fire Insurance Company of Marble,...
Posted: Mar 16, 2026
The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday. The Iran war has...
Posted: Mar 16, 2026