1 month 2 weeks ago
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 …
1 month 2 weeks ago
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 …
1 month 2 weeks ago
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 …
1 month 2 weeks ago
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, …
1 month 2 weeks ago
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 …
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …
Admin
1 month 2 weeks ago
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 …