Archive: August 2026

New AIG CEO Anderson Talks Marketplace ‘Pass-Throughs,’ Opportunity
Insurance Journal | August 10, 2026
New AIG CEO Anderson Talks Marketplace ‘Pass-Throughs,’ Opportunity
Eric Anderson, new CEO of American International Group (AIG), offered an in-depth view of the company during his first earnings call at the helm, referring to opportunities within current marketplace conditions. Anderson said the market is “transition from an extended …
New Jersey Sues Amazon, Alleging Poor Pay and Conditions for Drivers
Insurance Journal | August 10, 2026
New Jersey Sues Amazon, Alleging Poor Pay and Conditions for Drivers
New Jersey sued Amazon.com last week, accusing the online retailer of abusing its market power over independent delivery drivers in the state. Amazon used its dominance to impose low pay and poor conditions on thousands of New Jersey workers who …
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard from Logo on Seat
Insurance Journal | August 10, 2026
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard from Logo on Seat
Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …
Virginia Study on Data Centers Calls for Tighter Water Regulations
Insurance Journal | August 10, 2026
Virginia Study on Data Centers Calls for Tighter Water Regulations
Virginia, the world’s largest data center hub, has released a long-delayed study that examined the state’s eastern region groundwater supply and the resource-hungry industry’s possible impact on it, finding declines are likely in a critical aquifer due to population growth …
Viewpoint: Understanding Why Privacy Claims Doubled in H1 2026
Insurance Journal | August 10, 2026
Viewpoint: Understanding Why Privacy Claims Doubled in H1 2026
When we published our report The State of Web Privacylast November, our central argument was that privacy risk behaves less like a static compliance checkbox and more like cyber risk. Just as security teams track attackers by their tradecraft, brokers …
Markets/Coverages: Rokstone’s Athena Cyber Division Launches Supply Chain Extension
Insurance Journal | August 10, 2026
Markets/Coverages: Rokstone’s Athena Cyber Division Launches Supply Chain Extension
Rokstone, the London-based specialty re/insurance managing general agent (MGA), announced that its new Athena Cyber Division has launched a customer and supplier supply chain disruption extension. The solution enhances total supply chain security, covering losses arising from cyberattacks affecting both …
People Moves: Augment Risk Promotes Cripps to New Role of Group Head of Growth and Broking; Fidelis Partnership Taps Ascot’s Donovan as Head of U/W, Property Binders
Insurance Journal | August 10, 2026
People Moves: Augment Risk Promotes Cripps to New Role of Group Head of Growth and Broking; Fidelis Partnership Taps Ascot’s Donovan as Head of U/W, Property Binders
This edition of International People Moves details appointments at the broker Augment Risk and the managing general agent The Fidelis Partnership. A summary of these new hires follows here. Augment Risk Promotes Cripps in Newly Created Role of Group Head …
Wildfire Forces Evacuations Across Top Canadian Wine Region
Insurance Journal | August 10, 2026
Wildfire Forces Evacuations Across Top Canadian Wine Region
More than 20,000 people were ordered to evacuate one of Canada’s top wine-producing regions as an uncontrolled wildfire spread rapidly, forcing local authorities to declare a province-wide state of emergency. Authorities ordered the town of Summerland and nearby communities in …
German Shippers Warn Rhine Could Be ‘Split in Two’ by Low Water
Insurance Journal | August 10, 2026
German Shippers Warn Rhine Could Be ‘Split in Two’ by Low Water
Low water levels risk halting cargo traffic on a key stretch of the Rhine this week, effectively splitting the critical waterway into two separate zones, the federal association of German inland shipping (BDB) said on Monday. BDB managing director Jens …
How the Hard Reality of Climate Change Hit Europe’s Economy This Summer
Insurance Journal | August 10, 2026
How the Hard Reality of Climate Change Hit Europe’s Economy This Summer
For anyone in Europe who still thought climate change was a problem for future generations, this summer’s sweltering heatwaves have brought home the reality that its costly and life-altering economic impacts have already arrived. Record heat and droughts this summer …