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Zurich Sees Data Center Boom Spurring Insurance Securitization
The level of investment into data centers globally may soon make it necessary for insurers involved to begin selling securitization products to spread the risk among a broader pool of investors, according to Zurich Insurance Group AG. “I do anticipate …
POSTED JUNE 18, 2026 4:37 PM |
People Moves: Sunstar Names Hearst as EVP, National Growth and Sales Strategy
Sunstar Insurance Group announced the appointment of Brad Hearst as executive vice president, national growth and sales strategy. Hearst brings extensive insurance-industry leadership experience in driving organic growth, developing high-performing sales organizations and building disciplined sales processes that deliver measurable …
POSTED JUNE 18, 2026 3:46 PM |
Wastewater Leak Under Texas Church Parking Lot Causes Millions in Damage
An old oil well sprang back to life under the parking lot of the First Baptist Church of Grandfalls in April. Over the next eight days, more than 1.5 million gallons of toxic wastewater flowed out of the earth, according …
POSTED JUNE 18, 2026 3:40 PM |
Major Hack Campaign Against Fortinet Devices Hits Prominent Organizations
Researchers say a sweeping hacking campaign targeting devices made by Fortinet has led to compromises across the internet, with evidence of password theft at Fortune 500 companies and government agencies in more than 15 countries. Most of the affected devices …
POSTED JUNE 18, 2026 2:39 PM |
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
California homeowners pay 41% below the national average for homeowners insurance, a study from LendingTree shows. LendingTree’s State of Home Insurance: 2026 report, which is based on rates publicly sourced from insurer filings, shows California homeowners paid an average of …
POSTED JUNE 18, 2026 2:00 PM |
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