Alphabet Inc. agreed to fund capacity increases at two nuclear plants operated by a Southern Co. subsidiary that will add about 96 megawatts of new supplies amid a data center-driven jump in electricity demand. Alphabet’s Google will finance so-called uprates …

The managing partner at Hotaling Insurance Services has been named to the Florida Citizens Property Insurance Corp. Board of Governors for a three-year term. Gabriel “Gabby” Dieppa, based in Miami, was appointed by Florida House Speaker Daniel Perez this summer, …

Construction work on Citadel’s new headquarters in Miami has been paused following an accident on the site last week, the Wall Street Journal reported. The collapse of a rig last week prompted county authorities to issue a stop-work order pending …

American International Group ( AIG) said it hired Sierra Signorelli as CEO, Americas and Global Personal Insurance, effective January 1, 2027. In this new role, Signorelli will oversee AIG’s North America, Latin America & Caribbean commercial insurance businesses as well …

The Northeast, possibly including New York City, is expected to get hit with flooding rain and high winds from a powerful storm system that’s set to take shape off the East Coast on Friday. Computer forecasts disagree on the storm’s …

Ryan Specialty, the Chicago-based insurance group, announced that Heather M. Jamieson has been appointed president of Stewart Specialty Risk Underwriting (SSRU), effective immediately, in a planned leadership transition. Toronto-based SSRU provides specialty coverage for large account, high hazard property and …

MGT, a company that calls itself an “AI-native neo-insurer,” is expanding to California to offer small business coverage. The company says its underwriting model allows it to evaluate risk at a fraction of the traditional cost while giving it a …

A Minnesota man was indicted by a grand jury for shooting and damaging a firefighting aircraft that was fighting a forest fire. Daniel Christian Pettit, 48, of Portage Township, Minnesota, was indicted by a grand jury for one count of …

Insurance broker Marsh announced the launch of an AI-powered platform designed to improve Marsh brokers’ operational efficiency and reduce placement times for clients in the London insurance market. Called “Broker WorkBench,” the platform combines streamlined workflows with intelligent data processing …

Companies betting AI devices will usher in a post-smartphone era are fueling privacy fears around the globe that could slow adoption of the emerging technology. The backlash against devices that can see, hear and respond to the world around them …

Maridea Wealth Management has acquired River Cities Financial Services and Dietz, Futrell & Walters Insurance, two affiliated firms based in Marietta, Ohio. The addition marks Maridea’s first presence in Ohio. DFW Insurance was founded in 1948 as an independent insurance …

The family of a 37-year-old pregnant San Antonio woman who died of preeclampsia is claiming in a new lawsuit that the Texas’ abortion ban led to her death. The family of Tierra Walker, who died when she was 20 weeks …

Texas Governor Greg Abbott ordered the state’s environmental watchdog to withhold permits for new data centers until an audit of risks to the power grid is complete. No authorizations can be given until the Electric Reliability Council of Texas, or …

MNK International, an independent Lloyd’s broker, said it launched MNK International North America, a new broking business that will provide North American producers and clients with access to specialist insurance solutions through the London and Bermuda markets. MNK International North …

DoorDash said on Tuesday it reached a $131.5 million settlement of a New York City government probe that found the food delivery company underpaid or waited too long to pay workers. The settlement with the city’s Department of Consumer and …

British Columbia filed a lawsuit in California against OpenAI, alleging it could have used ChatGPT logs to warn police and avert a mass shooting in the Canadian province earlier this year. On Feb. 10, teenager Jesse Van Rootselaar allegedly killed …

One of Australia’s largest states has banned the construction of data centers in residential areas and mandated that they must “bring their own renewable energy supply,” part of a slew of rules designed to tackle growing community pushback. The state …

Polo strengthened off Mexico’s Pacific coast into a hurricane on Monday and is forecast to rapidly intensify into a major storm, threatening floods, dangerous surf and strong wind gusts in coastal states and near major beach resorts. Around mid-day locally …

Chubb Limited named Sean Ringsted as chief scientist and executive vice president, Chubb Group. In this newly created role, Ringsted will focus on and have responsibility for the company’s artificial intelligence, data and analytics strategy and initiatives worldwide. Ringsted brings …

Paramount Skydance emerged victorious on Sept. 21 from a legal battle over its $110 billion acquisition of Warner Bros Discovery after settling with a California-led group of US states and a Hollywood writers union, paving the way for one of …