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INSURANCE NEWS
People Moves: Ascot Aligns US Business for Next Phase of Growth
Ascot announced a series of changes to its U.S. operating and distribution model, including a new U.S. regional executive leadership team, an expanded North America distribution role and the consolidation of seven U.S. business segments into five product verticals. These …
Trump Dismisses AI Safety Alarm, Says US Already Has Tools to Police Industry
President Donald Trump said on Sept. 14 that the U.S. already has guardrails in place to regulate and prosecute AI companies, appearing to play down concerns expressed by industry leaders over the weekend about misuse of artificial intelligence. “The only …
US Data Centers Set to Burn More Natural Gas Than Most Nations
Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic …
EPA Poised to Repeal Carbon Rules for Coal, Gas Power Plants
The US Environmental Protection Agency is expected to formally rescind carbon pollution standards for fossil fuel-fired power plants as soon as Monday, according to people familiar with the matter. The Trump administration’s latest major climate rollback is expected to come …
UK’s Boomers Cling to Jobs as Young People Get Locked Out
In the early 2000s, Britain had as many as 10 young workers for every person over-65 with a job. Today there are just two, as older employees hang on for longer and first jobs are harder to come by. The …
Appeals Court Throws a Wrench into Part of Georgia’s 2025 Tort-Reform Law
When Georgia’s tort-reform law was approved in 2025 property/casualty insurance interests hailed it as a long-awaited measure that would help stem lawsuit abuse and excessive jury awards in the state. But in the first appellate court test of the law, …
Zurich U.S. Promotes Wells to CEO; Diaz Moves Up to Middle Market Leader
Zurich U.S. announced on Sept. 11 that Alex Wells has been selected to serve as CEO of Zurich U.S., taking over for Sierra Signorelli, who stepped down. The promotion is effective immediately. Wells was president of Zurich U.S. middle market, …
World Insurance Associates Acquires Texas’ Cubriel
World Insurance Associates announced that it acquired the business of Cubriel Insurance Agency of Laredo, Texas on June 1, 2026. Terms of the transaction were not disclosed. Cubriel is a P&C agency with a business mix of commercial lines and …
Brown & Riding Launches Agribusiness Practice
Brown & Riding announced the launch of its new national Agribusiness Practice, a specialty practice area delivering comprehensive insurance solutions for the entire agricultural supply chain. The practice is led by David Chipp, and supported by a team of product …
Record Diesel Prices Come at a Bad Time for U.S. Farmers
The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation’s largest commodities, soybeans and corn. The spike adds to an already tough …
Federal Court Blocks Trump Order Keeping Michigan Coal Plant Open
In a defeat for the Trump administration, a federal court on Friday ruled that the Energy Department exceeded its authority when it forced a Michigan coal-fired power plant to stay open past its scheduled retirement date last year. Energy Secretary …
Louisiana Lawsuit Says LNG Terminals are Hurting Seafood Industry
A group of commercial fishers, fishing guides and seafood processors in southwest Louisiana is suing liquefied natural gas company Venture Global, claiming that dredging operations in preparation for the construction of a new terminal resulted in a sediment spill that …
