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Samsung-Affiliated Insurers Plan to Buy Canopius for $1.5 Billion, Newspaper Says
South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50% stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said on Thursday. Samsung Fire and Marine Insurance Co. and …
POSTED SEPTEMBER 03, 2026 8:07 AM |
Markets/Coverages: Philadelphia Insurance Debuts Platform for Storage Tank Policies
Philadelphia Insurance Companies (PHLY) announced the launch of PHLY TankEAS, a self-service online platform that allows agents and brokers to quote, bind, and issue admitted policies for eligible risks under PHLY’s Storage Tank Environmental Policy (STEP) program. The portal reduces …
POSTED SEPTEMBER 03, 2026 6:53 AM |
Blackout Risk Rises as Heat Wave Stresses Largest US Electric Grids
The risk of power outages is expected to escalate across a broad swath of the United States as intense heat will test the capacity of electricity supplies serving millions of homes and businesses from the Midwest through the Mid-Atlantic. The …
POSTED SEPTEMBER 03, 2026 5:44 AM |
US Government Backs OpenAI in New York Times Copyright Case
The Trump administration has filed a brief supporting OpenAI in its dispute with the New York Times NYT.N and other newspapers over the company’s use of their work to train the large language models behind ChatGPT, saying AI training generally …
POSTED SEPTEMBER 03, 2026 5:16 AM |
Viewpoint: Commercial P/C Talent Gap 5 Years On—Are We Asking the Right Question
For more than four decades, I have worked across the commercial property/casualty insurance ecosystem. Over those years, I have watched our industry attract people, develop underwriters, transfer knowledge, promote talent, lose experienced practitioners, and adapt as the way we work …
POSTED SEPTEMBER 03, 2026 5:11 AM |
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