INSURANCE NEWS
Immigration Officers Descend on Meta Data Center, Arrest Drivers
Federal immigration officers targeted a construction site in rural Louisiana where Meta Platforms Inc. is building its largest data center, leading to the arrest of two individuals, according to local law enforcement. US Immigrations and Customs Enforcement arrested two individuals …
Trump Nominates WeatherTech’s MacNeil to Be FTC Commissioner
President Donald Trump nominated David MacNeil to be a US Federal Trade Commissioner, according to statement posted on the White House website. MacNeil is the Chief Executive Officer of WeatherTech, an Illinois-based company selling automotive accessories. He will replace Melissa …
People Moves: SCOR Names Swiss Re’s Forgeron as P&C Chief Underwriting Officer; Hamilton Re Promotes Steinhoff to CUO
This edition of International People Moves details CUO appointments at SCOR and Hamilton Re. A summary of these new hires follows here. SCOR Names Swiss Re’s Forgeron as P&C Chief Underwriting Officer SCOR announced that Laure Forgeron has been appointed …
Georgia Lawmakers Move to Strike Savannah Ban on Guns in Unlocked Cars
Georgia lawmakers on Tuesday gave final passage to a bill that aims to void a city of Savannah ordinance that imposes fines and possible jail time for leaving guns in unlocked cars. The state Senate gave final approval to the …
Registration Open for Florida OIR Insurance Summit in April
Registration is now open for the Florida Office of Insurance Regulation’s Insurance Summit, set for April 15-16 in Tallahassee. Insurance Commissioner Mike Yaworsky said the registration closes March 30 for the conference that will include a number of state regulators, …
Proposed California Billionaires’ Tax Rattles Silicon Valley, Entangles Governor
A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom maneuvers to defeat a levy that he fears will lead to an exodus …
Markets/Coverages: Berkshire (BHSI) Enhances UK D&O Liability Offering
Berkshire Hathaway Specialty Insurance (BHSI) announced the launch of Executive First D&O Liability+, its enhanced UK D&O offering for large commercial and financial organizations trading their securities on US exchanges. Key features of the coverage include: Broad, simply worded coverage …
DeSantis Amplifies Warning on ‘Real Perils’ of AI, Data Centers and Pushes Regulation
Florida Governor Ron DeSantis is ratcheting up a campaign against the potential dangers of artificial intelligence and data centers, resisting President Donald Trump’s effort to block states from meddling with Big Tech. DeSantis, a two-term governor who’s barred from seeking …
AI Is the Biggest Mover on Allianz Risk Barometer; Cyber Takes Top Spot for Fifth Year
Cyber once again ranked as the top global risk in 2026, according to the latest Allianz Risk Barometer, coming in No. 1 in every region and across all company sizes. Artificial intelligence took the No. 2 spot, up from tenth …
Surging Oil Tanker Insurance Points to Growing Black Sea Chaos
The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region. Underwriters are now charging about 1% of the value of a ship …
People Moves: Mosaic Builds Out Global Transactional Tax-Risk Team; The Hartford Names Hill CUO of Small Business
Mosaic Insurance, headquartered in Hamilton, Bermuda, has expanded its North America and international transactional tax-liability teams to meet heightened demand in the sector, with the recent addition of four tax-risk specialists and the promotion of another. Mosaic’s tax team now …
Financial Lines MGA Verde Risk Management Launched by Asta’s MGA Platform
Asta, the London-based provider of specialist underwriting platforms and services, announced the launch of MGA Verde Risk Management Ltd., which received regulatory approval from the UK regulator in December 2025. Specializing in the financial lines market, predominantly commercial crime, management …