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People Moves: Waddingham Joins MEMIC in NJ; RT Specialty Promotes O’Marra in NY
Waddingham Joins MEMIC Group as New Jersey Production Underwriter The MEMIC Group, headquartered in Portland, Maine, added Brandon Waddingham to its Northeast underwriting team as a production underwriter. Waddingham joins MEMIC with nine years of insurance experience. In his role, …
POSTED SEPTEMBER 16, 2026 11:10 AM |
Amazon’s AWS Facilities in Bahrain, UAE Still Not Restored From Iran War Damage
Amazon Web Services cannot restore access to its cloud-computing facility in Bahrain and one of three data–hosting zones in the United Arab Emirates following damage during the Iran war, according to a status update seen by Reuters on Tuesday. Amazon’s …
POSTED SEPTEMBER 16, 2026 10:26 AM |
Ukraine Considers Ship Insurance to Revive Food Exports, Farm Groups Say
Ukraine is examining whether additional insurance cover for ships carrying food exports could help revive seaborne trade disrupted by Russian attacks on vessels and port infrastructure, a farm lobby group and a major farmers’ union said on Wednesday. Since the …
POSTED SEPTEMBER 16, 2026 9:38 AM |
EU Touts Climate Insurance Pact to Ease Catastrophe Losses
The European Union will set up a “climate insurance alliance” to help pay for losses as global warming increases the frequency and intensity of droughts, floods and wildfires. European Commission President Ursula von der Leyen announced the initiative as part …
POSTED SEPTEMBER 16, 2026 8:33 AM |
AXA CEO Urges Next French President to Tackle Debt With Reforms
AXA SA Chief Executive Officer Thomas Buberl called on France’s next president to address the country’s debt mountain with structural reforms and rejected a far-left plan to cancel bonds as “dangerous.” The euro area’s second-biggest economy is under intense scrutiny, …
POSTED SEPTEMBER 16, 2026 8:06 AM |
People Moves: Jones Appointed Marsh Risk US Healthcare Industry Practice Leader
Marsh appointed Linda Jones as U.S. healthcare industry practice leader, Marsh Risk, effective today. Based in Washington, D.C., Jones reports to Darren Cromwell, industry practice group leader, Marsh Risk, U.S. and Canada. In this role, Jones will drive healthcare strategy …
POSTED SEPTEMBER 16, 2026 6:37 AM |
Trump’s Climate Rollbacks Will Keep US Emissions Higher for Longer
President Donald Trump’s broad rollbacks of federal greenhouse gas rules since January 2025 have altered the trajectory of US energy use and helped set back cuts to planet-warming pollution by about a decade. The latest turnabout came on Monday when …
POSTED SEPTEMBER 16, 2026 5:12 AM |
Iran War Cost Hits $38 Billion, Forecast to Rise $3 Billion a Month, CBO Says
The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress’ nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the …
POSTED SEPTEMBER 16, 2026 5:05 AM |
Keystone Enters California With Acquisition of Infinity
Keystone acquired Infinity Assurance Group in Orange County, California. The deal marks Keystone’s first platform partner in California. IAG will continue to operate under its current leadership, with John Kookootsedes, founder and chairman, and Eric Doll, CEO, continuing at the …
POSTED SEPTEMBER 16, 2026 5:00 AM |
World Insurance Acquires New Jersey’s TE Freuler Agency
Insurance broker World Insurance Associates LLC announced that it has acquired the business of TE Freuler of Somerset, New Jersey. Terms of the June 1, 2026 transaction were not disclosed. TE Freuler, which also has an office in offices in …
POSTED SEPTEMBER 16, 2026 5:00 AM |
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