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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
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 …
POSTED MARCH 26, 2026 3:56 PM |
Michigan Woman Pleads Guilty in Beauty Store Theft Ring
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 …
POSTED MARCH 26, 2026 3:51 PM |
Texas Man Gets Life After Investigation Finds Arson Used to Cover Murder
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 …
POSTED MARCH 26, 2026 3:47 PM |
AM Best Revises Outlooks to Stable for Members of Western Reserve Group
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 …
POSTED MARCH 26, 2026 3:30 PM |
Risk Theory Launches Dealer Transit Service to Address Vehicle Theft
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, …
POSTED MARCH 26, 2026 3:24 PM |
People Moves: Society of Actuaries Names Rosso CEO
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 …
POSTED MARCH 26, 2026 3:13 PM |
Fidelity Beats Lawsuit Over Fees in $439 Billion Money Market Fund
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 …
POSTED MARCH 26, 2026 3:12 PM |
Marsh Risk Secures Insurance for Construction of Nuclear Power Plant in Wyoming
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 …
POSTED MARCH 26, 2026 2:17 PM |
Report Shows How Guns Move From Southern Stores to Northern Crime Scenes
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 …
POSTED MARCH 26, 2026 1:23 PM |
Georgia Could Become First State With Weapons Detection in All Public Schools
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 …
POSTED MARCH 26, 2026 12:56 PM |
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