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INSURANCE NEWS
Google to Fund Power-Capacity Increases at Two Georgia Nuclear Plants
Alphabet Inc. agreed to fund capacity increases at two nuclear plants operated by a Southern Co. subsidiary that will add about 96 megawatts of new supplies amid a data center-driven jump in electricity demand. Alphabet’s Google will finance so-called uprates …
People: Hotaling’s Dieppa Appointed to Florida Citizens Board of Governors
The managing partner at Hotaling Insurance Services has been named to the Florida Citizens Property Insurance Corp. Board of Governors for a three-year term. Gabriel “Gabby” Dieppa, based in Miami, was appointed by Florida House Speaker Daniel Perez this summer, …
Citadel’s Miami HQ Construction on Hold After Accident, Report Says
Construction work on Citadel’s new headquarters in Miami has been paused following an accident on the site last week, the Wall Street Journal reported. The collapse of a rig last week prompted county authorities to issue a stop-work order pending …
Signorelli Returns to AIG as CEO, Americas and Global Personal Insurance
American International Group ( AIG) said it hired Sierra Signorelli as CEO, Americas and Global Personal Insurance, effective January 1, 2027. In this new role, Signorelli will oversee AIG’s North America, Latin America & Caribbean commercial insurance businesses as well …
Northeast Braces for Strong Storm Forecast to Hit on Friday
The Northeast, possibly including New York City, is expected to get hit with flooding rain and high winds from a powerful storm system that’s set to take shape off the East Coast on Friday. Computer forecasts disagree on the storm’s …
Jamieson Named President of Ryan Specialty’s SSRU as Stewart Steps Down
Ryan Specialty, the Chicago-based insurance group, announced that Heather M. Jamieson has been appointed president of Stewart Specialty Risk Underwriting (SSRU), effective immediately, in a planned leadership transition. Toronto-based SSRU provides specialty coverage for large account, high hazard property and …
AI Insurer MGT Expands Its Small Commercial Coverage to California
MGT, a company that calls itself an “AI-native neo-insurer,” is expanding to California to offer small business coverage. The company says its underwriting model allows it to evaluate risk at a fraction of the traditional cost while giving it a …
Minnesota Man Indicted for Shooting a Firefighting Aircraft
A Minnesota man was indicted by a grand jury for shooting and damaging a firefighting aircraft that was fighting a forest fire. Daniel Christian Pettit, 48, of Portage Township, Minnesota, was indicted by a grand jury for one count of …
Tech Update: Marsh Launches AI-Powered Platform to Cut Placement Times in London
Insurance broker Marsh announced the launch of an AI-powered platform designed to improve Marsh brokers’ operational efficiency and reduce placement times for clients in the London insurance market. Called “Broker WorkBench,” the platform combines streamlined workflows with intelligent data processing …
From Smart Glasses to AI Pins, Privacy Fears Challenge Tech’s Next Big Bet
Companies betting AI devices will usher in a post-smartphone era are fueling privacy fears around the globe that could slow adoption of the emerging technology. The backlash against devices that can see, hear and respond to the world around them …
Maridea Wealth Management Acquires Ohio’s River Cities and DFW Insurance
Maridea Wealth Management has acquired River Cities Financial Services and Dietz, Futrell & Walters Insurance, two affiliated firms based in Marietta, Ohio. The addition marks Maridea’s first presence in Ohio. DFW Insurance was founded in 1948 as an independent insurance …
Lawsuit Blames Texas Abortion Ban for Woman’s Death
The family of a 37-year-old pregnant San Antonio woman who died of preeclampsia is claiming in a new lawsuit that the Texas’ abortion ban led to her death. The family of Tierra Walker, who died when she was 20 weeks …
