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Viewpoint: How P/C Carriers Can Win the Next Decade With Tech + Talent When I reflect on the state of the Property & Casualty business today, two forces are reshaping the industry faster than any cycle I’ve seen in my career. Increasingly complex risks are driving demand for specialized protection solutions and talent. …
POSTED FEBRUARY 18, 2026 6:22 AM |
France Fines Russia-Linked Oil Tanker in Shadow Fleet Crackdown France will release a tanker after hitting it with a multimillion-euro fine for flouting European sanctions on Russian oil, following its seizure in the Mediterranean Sea last month. The Grinch will leave French waters after “paying several millions of euros …
POSTED FEBRUARY 18, 2026 6:10 AM |
Asbestos Lawsuits Prompt Vanderbilt Minerals to File Bankruptcy Vanderbilt Minerals, which mines materials used in industrial products, filed for bankruptcy after its cash flow was overwhelmed by an increase in lawsuits that accuse the company of once selling items contaminated by asbestos. The firm, which denies that its …
POSTED FEBRUARY 18, 2026 6:06 AM |
EU Ill-Prepared for Worsening Climate Change, Advisers Say The European Union is not prepared for worsening climate change and should urgently step up its investments to protect people and infrastructure from mounting floods, wildfires and severe heatwaves, its independent advisers said on Tuesday. Climate change has made Europe …
POSTED FEBRUARY 18, 2026 6:05 AM |
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer Private equity firms EQT AB and Vitruvian Partners are working with advisers as they explore strategic options for their investment in cyber insurer CFC, according to people familiar with the matter. The buyout group has appointed Evercore Inc. and Goldman …
POSTED FEBRUARY 18, 2026 6:03 AM |
Florida Pool Safety Bills Moving to Address Record Number of Drowning Deaths The 2026 regular session of the Florida Legislature may not make significant changes to the state’s property insurance statutes. But it could become known as the “water safety” session that approved measures aimed at reducing drowning deaths in the state—bills …
POSTED FEBRUARY 18, 2026 6:01 AM |
Judge Says Exxon Mobil Can Sue California AG for Defamation Over Recycling A federal judge rejected California Attorney General Rob Bonta’s bid to dismiss Exxon Mobil’s lawsuit accusing him of defamation in criticizing the oil giant’s advanced plastics recycling initiatives. U.S. District Judge Michael Truncale rejected Bonta’s claim he was immune from …
POSTED FEBRUARY 18, 2026 6:00 AM |
SterlingRisk Acquires Transportation Specialist ASZ International Insurance broker SterlingRisk of Woodbury, New York announced the acquisition of ASZ International, Inc., a Westchester County, N.Y. agency specializing in transportation risks. The transaction became effective February 1, 2026. As part of the transaction, ASZ principals Marc Zettl and …
POSTED FEBRUARY 18, 2026 6:00 AM |
States Reliant on Colorado River Failed to Meet New Consensus Deadline The seven Western states that depend on the Colorado River missed a deadline for the second time Saturday to agree on a plan addressing record drought and water shortages. Arizona Gov. Katie Hobbs, California Gov. Gavin Newsom and Nevada Gov. …
POSTED FEBRUARY 18, 2026 6:00 AM |
Judge Dismisses Charges Against 3 Officers Accused of Mistreating Prisoner A Connecticut judge last Friday dismissed criminal charges against three current and former New Haven police officers who were accused of mistreating prisoner Richard “Randy” Cox after he was paralyzed in the back of a police van in 2022. Judge …
POSTED FEBRUARY 18, 2026 6:00 AM |
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