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Estonia Probes Russia Link in Fire at Defense Manufacturer
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 …
POSTED AUGUST 19, 2026 9:51 AM |
Canadian Firms Have $360 Billion of Private Credit Exposure, Mostly in US
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 …
POSTED AUGUST 19, 2026 9:27 AM |
People Moves: Guy Carpenter Promotes New Global P/C Leaders; QBE Appoints Data Center Lead
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, …
POSTED AUGUST 19, 2026 5:49 AM |
Regulator Objections Quantified: ZestyAI Says 44% of Filings Have at Least One
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 …
POSTED AUGUST 19, 2026 5:16 AM |
Death of Irish Teens in Crash Prompts Social Media Warning
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 …
POSTED AUGUST 19, 2026 5:15 AM |
Climate Damage: The Next Hit to Europe’s Public Finances
Someone will have to pick up the tab for the damage wrought by Europe’s increasingly volatile weather, and with the bulk of those economic losses uninsured, that will be the public purse unless immediate action is taken. This year’s wildfires …
POSTED AUGUST 19, 2026 5:05 AM |
People: Lindberg Whistleblower Obusek to Retire After 30 Years With NCDOI
The North Carolina regulator who raised the first red flags about now-imprisoned insurance executive Greg Lindberg’s business practices has decided to retire after 30 years with the state Department of Insurance. Jackie Obusek, who has been chief deputy insurance commissioner …
POSTED AUGUST 19, 2026 5:02 AM |
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review
The Alabama Supreme Court has opened the window a little wider into insurance carriers’ claims-handling procedures, not only requiring them to be made available in some lawsuits but also to be shared with plaintiffs’ lawyers in similar litigation. The high …
POSTED AUGUST 19, 2026 5:01 AM |
A $100 Million Mall Reopening Is a Sign of LA’s Uneven Fire Recovery
There’s a flurry of construction in Pacific Palisades, more than a year and a half after a wildfire ravaged the Los Angeles enclave in the most destructive blazes in Southern California history. There’s also a lot of frustration. At the …
POSTED AUGUST 19, 2026 5:00 AM |
Pennsylvania Imposes New Rules to Set Up AI Data Centers in State
Pennsylvania Governor Josh Shapiro on Tuesday signed an executive order that would require companies setting up AI data centers in the state to meet environmental and transparency safeguards and secure local community approval for the projects. The state has become …
POSTED AUGUST 19, 2026 5:00 AM |
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