People Moves: Everest Appoints Busti From AXIS as Head of North America Treaty Re; AXA XL Taps Lockton’s Reynolds as Head of Marine, UK & Lloyd’s, Global CUO for Hull
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Description: This edition of International People Moves details appointments at Everest Group and AXA XL. A summary of these new hires follows here. Everest Appoints Busti From AXIS as Head of North America Treaty Reinsurance Everest Group Ltd., the Bermuda-based specialty …
Full content: This edition of International People Moves details appointments at Everest Group and AXA XL. A summary of these new hires follows here. Everest Appoints Busti From AXIS as Head of North America Treaty Reinsurance Everest Group Ltd., the Bermuda-based specialty …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 15:56:30 +0000
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Michigan Woman Pleads Guilty in Beauty Store Theft Ring
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Description: A Michigan woman pled guilty to organizing a high-volume theft ring targeting Ulta Beauty stores in Wayne, Oakland, and Macomb counties, announced Michigan Attorney General Dana Nessel. Cheaira Broughton, 38, of Detroit, was charged by the Department of Attorney General …
Full content: A Michigan woman pled guilty to organizing a high-volume theft ring targeting Ulta Beauty stores in Wayne, Oakland, and Macomb counties, announced Michigan Attorney General Dana Nessel. Cheaira Broughton, 38, of Detroit, was charged by the Department of Attorney General …
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Category: Midwest News
Date: Thu, 26 Mar 2026 15:51:21 +0000
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Texas Man Gets Life After Investigation Finds Arson Used to Cover Murder
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Description: A Texas State Fire Marshal’s Office (SFMO) investigation helped lead to a lifetime prison sentence for a Panhandle man who set a house fire to cover up the murder of a 4-year-old girl. Humberto Martinez pleaded guilty to capital murder …
Full content: A Texas State Fire Marshal’s Office (SFMO) investigation helped lead to a lifetime prison sentence for a Panhandle man who set a house fire to cover up the murder of a 4-year-old girl. Humberto Martinez pleaded guilty to capital murder …
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Category: Texas / South Central News
Date: Thu, 26 Mar 2026 15:47:48 +0000
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AM Best Revises Outlooks to Stable for Members of Western Reserve Group
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Description: AM Besthas revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) for the following pooled members of Western Reserve Group: Western Reserve Mutual Casualty …
Full content: AM Besthas revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) for the following pooled members of Western Reserve Group: Western Reserve Mutual Casualty …
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Category: Midwest News
Date: Thu, 26 Mar 2026 15:30:04 +0000
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Risk Theory Launches Dealer Transit Service to Address Vehicle Theft
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Description: Risk Theory, a Dallas, Texas-based platform of insurance distribution businesses, announced the launch of Dealer Transit, a new logistics solution designed to help dealerships mitigate the growing risk of vehicle theft during transit. The program is backed by Risk Point, …
Full content: Risk Theory, a Dallas, Texas-based platform of insurance distribution businesses, announced the launch of Dealer Transit, a new logistics solution designed to help dealerships mitigate the growing risk of vehicle theft during transit. The program is backed by Risk Point, …
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Category: Texas / South Central News
Date: Thu, 26 Mar 2026 15:24:51 +0000
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People Moves: Society of Actuaries Names Rosso CEO
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Description: The Society of Actuaries (SOA), the world’s largest actuarial professional organization, named Clar Rosso as the new CEO, effective May 4. Rosso assumes the role from Greg Heidrich, who is retiring after serving as CEO since 2007. Rosso recently served …
Full content: The Society of Actuaries (SOA), the world’s largest actuarial professional organization, named Clar Rosso as the new CEO, effective May 4. Rosso assumes the role from Greg Heidrich, who is retiring after serving as CEO since 2007. Rosso recently served …
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Category: National News
Date: Thu, 26 Mar 2026 15:13:55 +0000
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Fidelity Beats Lawsuit Over Fees in $439 Billion Money Market Fund
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Description: A federal judge dismissed a lawsuit on Wednesday accusing mutual fund giant Fidelity of cheating many investors in its $439.1 billion Fidelity Government Money Market Fund by keeping them in higher-cost share classes than they were eligible for. U.S. District …
Full content: A federal judge dismissed a lawsuit on Wednesday accusing mutual fund giant Fidelity of cheating many investors in its $439.1 billion Fidelity Government Money Market Fund by keeping them in higher-cost share classes than they were eligible for. U.S. District …
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Category: National News
Date: Thu, 26 Mar 2026 15:12:06 +0000
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Marsh Risk Secures Insurance for Construction of Nuclear Power Plant in Wyoming
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Description: Marsh Risk said it has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1 in Kemmerer, Wyoming, considered the nation’s first commercial-scale, advanced nuclear power plant approved for construction by the Nuclear Regulatory Commission. According to Marsh, the placement is …
Full content: Marsh Risk said it has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1 in Kemmerer, Wyoming, considered the nation’s first commercial-scale, advanced nuclear power plant approved for construction by the Nuclear Regulatory Commission. According to Marsh, the placement is …
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Category: West News
Date: Thu, 26 Mar 2026 14:17:00 +0000
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Report Shows How Guns Move From Southern Stores to Northern Crime Scenes
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Description: A shooting in Boston. A carjacking in Washington, D.C. A robbery in New York. All were carried out with guns that were among hundreds bought in the South and trafficked north to cities with some of the nation’s strictest firearms …
Full content: A shooting in Boston. A carjacking in Washington, D.C. A robbery in New York. All were carried out with guns that were among hundreds bought in the South and trafficked north to cities with some of the nation’s strictest firearms …
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Category: Southeast News
Date: Thu, 26 Mar 2026 13:23:22 +0000
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Georgia Could Become First State With Weapons Detection in All Public Schools
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Description: Georgia could become the first state to require every student to be checked for weapons when arriving at a public school each day. A bill is nearing passage that would require weapons detection systems in a further reaction to a …
Full content: Georgia could become the first state to require every student to be checked for weapons when arriving at a public school each day. A bill is nearing passage that would require weapons detection systems in a further reaction to a …
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Category: Southeast News
Date: Thu, 26 Mar 2026 12:56:24 +0000
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FEMA to Offer $1 Billion for Disaster Resilience After Lawsuit
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Description: The Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled and criticized as being wasteful. The move was prompted by an order from a US …
Full content: The Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled and criticized as being wasteful. The move was prompted by an order from a US …
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Category: National News
Date: Thu, 26 Mar 2026 12:42:38 +0000
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US Jury Verdicts Against Meta, Google Tee Up Fight Over Tech Liability Shield
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Description: Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet’s Google liable, potentially teeing up an appeals fight that could reshape how …
Full content: Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet’s Google liable, potentially teeing up an appeals fight that could reshape how …
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Category: National News
Date: Thu, 26 Mar 2026 12:28:36 +0000
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Housing Finance Chief Pulte Makes Insurance Fraud Allegations Against NY AG James
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Description: Federal Housing Finance Agency Director Bill Pulte has sent letters to the Department of Justice encouraging prosecutors to open new fraud investigations into New York Attorney General Letitia James related to real estate. Pulte wrote separately to the US attorneys …
Full content: Federal Housing Finance Agency Director Bill Pulte has sent letters to the Department of Justice encouraging prosecutors to open new fraud investigations into New York Attorney General Letitia James related to real estate. Pulte wrote separately to the US attorneys …
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Category: East News
Date: Thu, 26 Mar 2026 11:59:08 +0000
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UK Car Insurer First Central Is Said to Tap Banks for London IPO
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Description: First Central Group Ltd., the UK vehicle and home insurer, has appointed investment banks as it prepares for a potential initial public offering in London, according to people familiar with the matter. The company has lined up Deutsche Bank AG …
Full content: First Central Group Ltd., the UK vehicle and home insurer, has appointed investment banks as it prepares for a potential initial public offering in London, according to people familiar with the matter. The company has lined up Deutsche Bank AG …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 11:07:59 +0000
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Britain to Intercept Russian ‘Shadow Fleet’ Ships in UK Waters
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Description: The UK will interdict and board Russian “shadow fleet” vessels in its waters, increasing European pressure on Moscow over tankers exporting sanctioned crude in transactions that help fund the Kremlin’s war on Ukraine. Prime Minister Keir Starmer’s office said the …
Full content: The UK will interdict and board Russian “shadow fleet” vessels in its waters, increasing European pressure on Moscow over tankers exporting sanctioned crude in transactions that help fund the Kremlin’s war on Ukraine. Prime Minister Keir Starmer’s office said the …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 10:49:22 +0000
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Uber, Autonomous Mobility Firms to Launch Europe’s First Commercial Robotaxis
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Description: Uber Technologies and autonomous mobility companies Verne and Pony.ai have partnered up to launch Europe’s first commercial robotaxi service in the Croatian capital Zagreb, with plans to expand to other cities, they said on Thursday. Robotaxis are rapidly expanding into …
Full content: Uber Technologies and autonomous mobility companies Verne and Pony.ai have partnered up to launch Europe’s first commercial robotaxi service in the Croatian capital Zagreb, with plans to expand to other cities, they said on Thursday. Robotaxis are rapidly expanding into …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 10:20:08 +0000
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Iran Sees US Peace Plan as ‘One-Sided’ as Trump Presses for Deal
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Description: A U.S. proposal for ending nearly four weeks of fighting is “one-sided and unfair,” a senior Iranian official told Reuters on Thursday, whileU.S. President Donald Trump said Iran must make a deal or face a continued onslaught. The Iranian official …
Full content: A U.S. proposal for ending nearly four weeks of fighting is “one-sided and unfair,” a senior Iranian official told Reuters on Thursday, whileU.S. President Donald Trump said Iran must make a deal or face a continued onslaught. The Iranian official …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 09:47:33 +0000
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Rich Britons Reap Biggest Benefits From UK State Flood Program
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Description: It’s not how the program was supposed to work. But thanks to a legal anachronism, Britain’s state-backed plan intended to help those most exposed to flooding has ended up favoring the country’s richest property owners. Economists at the Bank of …
Full content: It’s not how the program was supposed to work. But thanks to a legal anachronism, Britain’s state-backed plan intended to help those most exposed to flooding has ended up favoring the country’s richest property owners. Economists at the Bank of …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 09:08:22 +0000
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Iran Is Drafting Law to Introduce Tolls for Hormuz Transit
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Description: The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency. Fars, citing an unnamed lawmaker, said the plan would …
Full content: The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency. Fars, citing an unnamed lawmaker, said the plan would …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 08:59:28 +0000
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Viewpoint: Insurance Broker Valuations – The Elephant in the Room
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Description: While insurance broker valuations remained resilient in 2025, essentially staying near all‑time highs, the elephant in the room—Brown & Brown (NYSE: BRO)—has received little attention. From a valuation perspective, what happened with Brown & Brown? After the brokerage’s value surged …
Full content: While insurance broker valuations remained resilient in 2025, essentially staying near all‑time highs, the elephant in the room—Brown & Brown (NYSE: BRO)—has received little attention. From a valuation perspective, what happened with Brown & Brown? After the brokerage’s value surged …
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Category: National News
Date: Thu, 26 Mar 2026 05:26:35 +0000
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P/C Underwriting Income Up $40B in 2025, Say Verisk and APCIA
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Description: Verisk and the American Property Casualty Insurance Association released preliminary 2025 underwriting results for the property/casualty industry, with a $40 billion increase over the prior year. For private U.S. P/C insurers, the underwriting gain for 2025 was $63 billion compared …
Full content: Verisk and the American Property Casualty Insurance Association released preliminary 2025 underwriting results for the property/casualty industry, with a $40 billion increase over the prior year. For private U.S. P/C insurers, the underwriting gain for 2025 was $63 billion compared …
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Category: National News
Date: Thu, 26 Mar 2026 05:16:53 +0000
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High Levels of Cancer-Causing Benzene in European Cooking Gas, Study Finds
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Description: Domestic gas supply in several European cities contains high levels of benzene, an odorless substance that can cause cancer, according to research released on Wednesday. Gas samples taken in UK homes contained 37 times more benzene than North American gas, …
Full content: Domestic gas supply in several European cities contains high levels of benzene, an odorless substance that can cause cancer, according to research released on Wednesday. Gas samples taken in UK homes contained 37 times more benzene than North American gas, …
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Category: International & Reinsurance News
Date: Thu, 26 Mar 2026 05:15:05 +0000
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After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees
Author: William Rabb
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Description: Just over three years ago, Florida lawmakers effectively ended one-way attorney fees, disincentivizing much of the costly property insurance claims litigation that had plagued the industry. But fees can still be awarded to either side in a lawsuit, in a …
Full content: Just over three years ago, Florida lawmakers effectively ended one-way attorney fees, disincentivizing much of the costly property insurance claims litigation that had plagued the industry. But fees can still be awarded to either side in a lawsuit, in a …
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Category: Southeast News
Date: Thu, 26 Mar 2026 05:01:23 +0000
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EXPLAINER-Can US Government Be Held Liable for LaGuardia Airport Collision?
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Description: Investigators are probing the potential causes of Sunday’s collision between an Air Canada Express plane and a fire truck at LaGuardia Airport in New York. The two pilots were killed. Air Canada said 39 of the 76 passengers and crew …
Full content: Investigators are probing the potential causes of Sunday’s collision between an Air Canada Express plane and a fire truck at LaGuardia Airport in New York. The two pilots were killed. Air Canada said 39 of the 76 passengers and crew …
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Category: East News
Date: Thu, 26 Mar 2026 05:00:58 +0000
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Pinnacol Assurance in Colorado Paying $15M Dividend for Colorado Members
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Description: Colorado workers’ compensation provider Pinnacol Assurance announced it will distribute a $15 million general dividend to its members in 2026. Pinnacol members can expect to receive dividend checks starting March 25. More than 46,000 members in the state will receive …
Full content: Colorado workers’ compensation provider Pinnacol Assurance announced it will distribute a $15 million general dividend to its members in 2026. Pinnacol members can expect to receive dividend checks starting March 25. More than 46,000 members in the state will receive …
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Category: West News
Date: Thu, 26 Mar 2026 05:00:40 +0000
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People Moves: ALKEME Names Stradling CFO; Machut and Quintero Join Alliant
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Description: ALKEME Insurance Appoints Stradling as Chief Financial Officer ALKEME Insurance named Ryan Stradling chief financial officer. Stradling has experience scaling organizations through execution, strategy and data-driven decision-making. Stradling has experience across the insurance, healthcare, and SaaS industries, where he has …
Full content: ALKEME Insurance Appoints Stradling as Chief Financial Officer ALKEME Insurance named Ryan Stradling chief financial officer. Stradling has experience scaling organizations through execution, strategy and data-driven decision-making. Stradling has experience across the insurance, healthcare, and SaaS industries, where he has …
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Category: West News
Date: Thu, 26 Mar 2026 05:00:37 +0000
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Harvard Faces Pressure From Two New Trump Administration Probes
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Description: The Trump administration said Monday it has initiated two new investigations into Harvard University over alleged antisemitism on campus and racially discriminatory admissions practices. The inquiries, launched by the Department of Education’s civil rights division, are the latest effort from …
Full content: The Trump administration said Monday it has initiated two new investigations into Harvard University over alleged antisemitism on campus and racially discriminatory admissions practices. The inquiries, launched by the Department of Education’s civil rights division, are the latest effort from …
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Category: East News
Date: Thu, 26 Mar 2026 05:00:15 +0000
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Meta, Google Lose Case Over Social Media Harm to Kids
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Description: A Los Angeles jury on Wednesday found Meta and Alphabet’s Google negligent for designing social media platforms that are harmful to young people, in a $6 million verdict that will serve as a bellwether for numerous similar cases. The jury …
Full content: A Los Angeles jury on Wednesday found Meta and Alphabet’s Google negligent for designing social media platforms that are harmful to young people, in a $6 million verdict that will serve as a bellwether for numerous similar cases. The jury …
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Category: National News
Date: Thu, 26 Mar 2026 04:26:07 +0000
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Chaucer, Ceto Launch Lloyd’s Marine MGA, Underwriting With Real-Time Vessel Data
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Description: Chaucer Group, the London-based specialty re/insurance group, and Ceto AI, the maritime technology specialist, announced the launch of a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the arrangement, Ceto is authorized to bind marine hull …
Full content: Chaucer Group, the London-based specialty re/insurance group, and Ceto AI, the maritime technology specialist, announced the launch of a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the arrangement, Ceto is authorized to bind marine hull …
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Category: International & Reinsurance News
Date: Wed, 25 Mar 2026 16:19:10 +0000
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Florida OIR Grants Permit to Startup Sypher Insurance and Takeouts for Others
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Description: Sypher Insurance Exchange, the startup property insurer that the Florida Association of Insurance Agents invested in two years ago, has won a permit to operate from the Florida Office of Insurance Regulation. The Tampa-based reciprocal now has until mid-May to …
Full content: Sypher Insurance Exchange, the startup property insurer that the Florida Association of Insurance Agents invested in two years ago, has won a permit to operate from the Florida Office of Insurance Regulation. The Tampa-based reciprocal now has until mid-May to …
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Category: Southeast News
Date: Wed, 25 Mar 2026 15:39:57 +0000
Local date: Wed, 25 Mar 2026 15:39:57 +0000
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