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Goldman Sachs Warns US Grids Face Power Crunch by 2030

3 semanas 2 días ago
Almost all US power grids will lack critical spare capacity by 2030 as demand surges to supply data centers, with bottlenecks threatening to hand China an edge in the artificial-intelligence boom, according to an analyst at Goldman Sachs Group Inc. …
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People Moves: Patriot Growth Appoints Rogers: Alliant Adds Lowe

3 semanas 2 días ago
Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, appointed Tom Rogers as chief sales officer. Rogers leads Patriot’s sales strategy and new-business growth initiatives, focusing on producer performance, sales infrastructure, and long-term, sustainable growth across the organization. Rogers has …

Andover Companies Completes Reorganization

3 semanas 2 días ago
The Andover Companies has completed its reorganization into a mutual holding company structure, effective January 1, 2026. The plan of reorganization was recently approved by the Massachusetts Division of Insurance and the policyholders of Merrimack Mutual Fire Insurance Co. and …

People Moves: Moore Named General Counsel at Aspire

3 semanas 2 días ago
Aspire General Insurance Services named April Moore general counsel. Moore is a legal and insurance leader with two decades of experience, previously serving as general counsel of USA Underwriters Insurance Company. She previously served at Nationwide, The Auto Club Group …

Germania Insurance Places First Cat Bond Through Handshake Re

3 semanas 3 días ago
Germania Insurance announced the placement of its first catastrophe bond, issued through Handshake ReLtd., as part of the company’s broader reinsurance and capital management strategy. The transaction became effective Jan. 1, 2026. The catastrophe bond provides $100 million of per …

The MEMIC Group Closes Acquisition of The Dakota Group

3 semanas 3 días ago
The MEMIC Group announced the successful closing of its acquisition of The Dakota Group, including Risk Administration Services, Inc. and its affiliated service companies. The strategic combination positions MEMIC as the third-largest multi-state workers’ compensation specialist in the United States, …

Texas Insurance Commissioner Brown Retiring

3 semanas 3 días ago
Texas Insurance Commissioner Cassie Brown is retiring on Feb. 2 after more than four years overseeing the Texas Department of Insurance. Appointed by the governor, the Texas insurance commissioner oversees the regulation of the $293 billion Texas insurance market, the …