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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 |
FEMA to Offer $1 Billion for Disaster Resilience After Lawsuit
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 …
POSTED MARCH 26, 2026 12:42 PM |
US Jury Verdicts Against Meta, Google Tee Up Fight Over Tech Liability Shield
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 …
POSTED MARCH 26, 2026 12:28 PM |
Housing Finance Chief Pulte Makes Insurance Fraud Allegations Against NY AG James
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 …
POSTED MARCH 26, 2026 11:59 AM |
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