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Insured Loss Estimates Top $600M From Washington Fires, Testing New Commissioner
The wildfires that plagued Washington for nearly half the summer put new Insurance Commissioner Patty Kuderer and her office to a test. Kuderer has been in office for over a year-and-a-half. However, she’s relatively new considering her predecessor, Washington Commissioner …
POSTED SEPTEMBER 08, 2026 7:06 PM |
TrueNorth Launches Property Program for Aging Community Associations and Apartments
TrueNorth Companies announced a new property program designed to help community associations and apartments owners, including affordable housing and student housing properties, secure broad coverage at a competitive price. As buildings get older, they lose access to standard insurance markets. …
POSTED SEPTEMBER 08, 2026 4:22 PM |
People Moves: Church Mutual Names Parisi as VP – Head of Finance and FP&A
Church Mutual Insurance Company has named Ben Parisi vice president, head of finance operations and financial planning and analysis. Parisi will lead finance operations, expense management, procurement, payroll, financial planning and analysis, and management reporting. He will report to Daniel …
POSTED SEPTEMBER 08, 2026 4:18 PM |
People Moves: Alliant Promotes Newman to Managing Director, Energy Operations
Alliant Insurance Services promoted Martin Newman to managing director, energy operations, Alliant Property & Casualty. Based in Dallas, Newman specializes in partnering with energy operators and private equity investors to develop risk and insurance solutions for an increasingly complex range …
POSTED SEPTEMBER 08, 2026 4:08 PM |
NC Roofers Caught in Farm Bureau’s Sting Sentenced to Probation, Restitution
Two brothers caught in a sting operation orchestrated by North Carolina Farm Bureau Insurance and state regulators have been sentenced to restitution and community service after pleading guilty to deliberately damaging roofs in North Carolina. Brett William Bentley, 28, pleaded …
POSTED SEPTEMBER 08, 2026 4:00 PM |
People Moves: Obusek Hired by Examination Resources as a Senior Manager
A longtime North Carolina insurance regulator, the woman who initially flagged billionaire Greg Lindberg’s raiding of his insurance companies’ reserves, plans to join an examination firm as a senior manager. Jackie Obusek, who spent 30 years with the North Carolina …
POSTED SEPTEMBER 08, 2026 2:48 PM |
AI Could Pose ‘Existential’ Risk to Humanity, UN Rights Chief Warns
U.N. rights chief Volker Turk warned on Monday that artificial intelligence could pose a threat to humanity, and pledged to press AI firms to reduce risks that his office said included disruptions to services, communications and democratic systems. He called …
POSTED SEPTEMBER 08, 2026 2:38 PM |
A $320 Million Hack Exposes the Cracks in Crypto’s Plumbing
The $320 million hack of the Bitcoin-linked Liquid Network is another dent to crypto’s reputation as the industry tries to convince banks and institutional investors that digital assets can become part of mainstream financial infrastructure. The damage extends beyond the …
POSTED SEPTEMBER 08, 2026 2:32 PM |
Five Dead After Amazon Plane Overran Runway at Miami Airport
An Amazon cargo plane barreled off a runway at Miami International Airport on Sunday, killing at least five people and injuring five others as it struck vehicles and was engulfed in flames, authorities said. The aircraft overran the runway around …
POSTED SEPTEMBER 08, 2026 2:22 PM |
Hurricane Lowell Brings Heavy Rains as It Passes West of Hawaii
Hurricane Lowell passed west of Hawaii, where heavy rains may cause hundreds of millions of dollars of damage. Lowell, with top winds of 105 miles (169 kilometers) per hour, edged west of Kauai but is still dropping heavy rain, as …
POSTED SEPTEMBER 08, 2026 1:57 PM |
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