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ICE Pitches Legal Insurance for Officers Who Make Immigration Arrests
U.S. Immigration and Customs Enforcement is pitching a plan to help shield local police officers who make immigration arrests from possible financial consequences if they are accused of on-duty misconduct. The agency is proposing to subsidize liability insurance for state …
POSTED AUGUST 19, 2026 3:40 PM |
Maine Governor Names Darby as Acting Insurance Chief as Schott Departs
Maine Governor Janet Mills has appointed Sandra Darby, an actuary with the Maine Bureau of Insurance, as Acting Superintendent of Insurance effective August 18, 2026. Darby succeeds Tim Schott, who has served as acting superintendent since June 8 when Superintendent …
POSTED AUGUST 19, 2026 3:02 PM |
Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million
RockRose Risk, a US insurance brokerage specializing in wildfire zones, raised $12.5 million in a Series A funding round that was co-led by Crosslink Capital and Congruent Ventures, with participation from asset manager Nuveen. The San Francisco-based startup serves commercial …
POSTED AUGUST 19, 2026 2:58 PM |
People Moves: TSLA Selects Sandhu as New Executive Director
The Texas Surplus Lines Association has announced the selection of Manpreet Sandhu as their Incoming Executive Director. Sandhu replaces Jean Patterson, who will be retiring at the end of 2026 with more than 45 years of service to TSLA. Patterson …
POSTED AUGUST 19, 2026 2:56 PM |
Seltzer Group Acquires Pennsylvania’s Trego Insurance Agency
Seltzer Group Partners reported it has acquired Trego Insurance Agency in Wyomissing, Pennsylvania. Founded as an independent agency in 2020 and led by Steve Trego, Trego Insurance Agency serves commercial and personal lines clients across Pennsylvania and in several surrounding …
POSTED AUGUST 19, 2026 2:43 PM |
Ocean Heat Threatens to Supercharge Storm Season in Europe
Rising temperatures in the ocean now have the potential to cause intense storms in Europe later this year, according to new research. The Mediterranean sea is heating up twice as fast as the average for oceans in the rest of …
POSTED AUGUST 19, 2026 1:22 PM |
At-Bay to Be Acquired by Munich Re for $575 Million
Munich Re Group on Aug. 19 said it has agreed to acquire cyber insurtech At-Bay, Inc. for $575 million. The cyber insurance and managed detection and response (MDR) provider primarily serving small- to medium-sized enterprises in the U.S. will be …
POSTED AUGUST 19, 2026 12:42 PM |
Latin American P/C Insurers Enter Softer Market but Earnings Stay Resilient
Latin American non-life insurers are moving into a softer part of the cycle, but they are doing so from a position of relative strength. After two years of pricing adjustments in response to the effects of the pandemic and the …
POSTED AUGUST 19, 2026 12:17 PM |
Willis Re Jumpstarts US Expansion With Buy of BMS Re, US
To establish an operational presence in the U.S., reinsurance broker Willis Re on Aug. 18 said it is acquiring BMS Re, US. The deal includes BMS Intermediaries Inc. and BMS Capital Advisory LLC, as well as the associated US reinsurance …
POSTED AUGUST 19, 2026 12:11 PM |
Data Center Gas Plants to Boost US Power Emissions by 20%
Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals. Ninety-nine proposed plants tracked by BloombergNEF would …
POSTED AUGUST 19, 2026 11:48 AM |
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