26 03, 2026

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

By | March 26th, 2026|Uncategorized|Comments Off on 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 …

26 03, 2026

Musk Rips Twitter Verdict, Claims Jury’s $4.20 ‘Joke’ Mocked Him

By | March 26th, 2026|Uncategorized|Comments Off on Musk Rips Twitter Verdict, Claims Jury’s $4.20 ‘Joke’ Mocked Him

Elon Musk’s lawyer says the billionaire didn’t get a fair trial because a San Francisco jury slipped a “bizarre and highly questionable” joke into a verdict form when it concluded he defrauded Twitter Inc. shareholders before acquiring the social media …

25 03, 2026

Markets/Coverages: Brit Launches Cargo Consortium With up to $80M of Capacity

By | March 25th, 2026|Uncategorized|Comments Off on Markets/Coverages: Brit Launches Cargo Consortium With up to $80M of Capacity

Brit Group Holdings Ltd., the London-based specialty re/insurer, announced the launch of “BRIDGE,” a new cargo consortium. The consortium, which will be one of the largest consortiums in the cargo market, is now writing business and offers cargo line capacity …

25 03, 2026

Forecast Calls for 11–16 Named Storms, 2-4 Major Atlantic Hurricanes

By | March 25th, 2026|Uncategorized|Comments Off on Forecast Calls for 11–16 Named Storms, 2-4 Major Atlantic Hurricanes

A new forecast calls for a “near- to below-historical-average” hurricane season in the Atlantic in 2026 with 11 to 16 named storms, four to seven hurricanes and two to four major hurricanes. AccuWeather’s 2026 Atlantic hurricane season forecast also calls …

25 03, 2026

Florida OIR Grants Permit to Startup Sypher Insurance and Takeouts for Others

By | March 25th, 2026|Uncategorized|Comments Off on Florida OIR Grants Permit to Startup Sypher Insurance and Takeouts for Others

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 Agents. The Tampa-based reciprocal now has until mid-May to …

25 03, 2026

Chaucer, Ceto Launch Lloyd’s Marine MGA, Underwriting With Real-Time Vessel Data

By | March 25th, 2026|Uncategorized|Comments Off on Chaucer, Ceto Launch Lloyd’s Marine MGA, Underwriting With Real-Time Vessel Data

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 …

25 03, 2026

Toyota Recalling 144K Vehicles in US Over Rear View Camera Issue

By | March 25th, 2026|Uncategorized|Comments Off on Toyota Recalling 144K Vehicles in US Over Rear View Camera Issue

Toyota is recalling 144,200 vehicles in the U.S. as rearview camera images may not display when the vehicle is placed in reverse, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday. Here are …

25 03, 2026

Meta, Google Found Liable in Social Media Addiction Case

By | March 25th, 2026|Uncategorized|Comments Off on Meta, Google Found Liable in Social Media Addiction Case

Meta Platforms Inc. and Alphabet Inc.’s Google were found liable and must pay damages to a 20-year-old woman who alleged that her addiction to the companies’ social media platforms caused her to suffer a mental health crisis, a jury said. …

25 03, 2026

From Skill to System: The Next Chapter in Insurance Claims Negotiation

By | March 25th, 2026|Uncategorized|Comments Off on From Skill to System: The Next Chapter in Insurance Claims Negotiation

For the last several months, this series has made a deliberate case: Negotiation is not a peripheral activity in insurance litigation—it is the mechanism through which nearly every outcome is determined. The first four articles in this series explored negotiation …

25 03, 2026

Ford Recalling 254,000 SUVs in US Due to Software Issues

By | March 25th, 2026|Uncategorized|Comments Off on Ford Recalling 254,000 SUVs in US Due to Software Issues

Ford Motor is recalling 254,640 SUVs in the U.S. over software issues that may result in the loss of rearview camera image and some advanced driver assistance (ADAS) features, the U.S. National Highway Traffic Safety Administration said on Tuesday. Here …