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People Moves: AXA XL Promotes Lahrmann to Head of International Property; Fidelis Insurance Group Taps IQUW’s Waddell-Dudley as UK CUO
This edition of International People Moves details appointments at AXA XL and Fidelis Insurance Group. A summary of these new hires follows here. AXA XL Promotes Lahrmann to Head of International Property AXA XL announced the promotion of Sabrina Lahrmann …
POSTED NOVEMBER 05, 2025 4:20 PM |
Lemonade Books Q3 Net Loss of $37.5 Million
Insurtech Lemonade reported a third quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time. Revenue and gross profit increased 42% and 113%, respectively, versus Q3 2024. However, …
POSTED NOVEMBER 05, 2025 3:51 PM |
Manufacturer WNA Earns TDI Lone Star Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized WNA, part of The Novolex organization with the Lone Star Safety Award for demonstrating outstanding dedication to workplace safety and health. This facility’s 123 employees manufacture plastic stadium …
POSTED NOVEMBER 05, 2025 3:31 PM |
Two Men Charged with Terrorism Plot at LGBTQ+ Bars in Detroit Suburb
Two 20-year-old men who had acquired high-powered weapons and practiced at gun ranges were scouting LGBTQ+ bars in suburban Detroit in September for a possible Halloween attack, authorities said Monday in filing terrorism-related charges. Mohmed Ali, Majed Mahmoud and co-conspirators …
POSTED NOVEMBER 05, 2025 3:18 PM |
Texas Voters Approve $20B Investment in Water Supply
Texas is poised to make the largest investment in its water supply in the state’s 180-year history after voters on Tuesday approved Proposition 4, which authorizes $20 billion to be spent on water projects over the next two decades. The …
POSTED NOVEMBER 05, 2025 3:15 PM |
Florida-Based HCI’s Insurtech Raises $168M in Initial Public Offering
Insurance technology firm Exzeo Group, part of Tampa-based HCI Group, raised $168 million in its U.S. initial public offering on Tuesday, pricing its shares within its marketed range and becoming the latest insurance company to proceed with its listing plans. …
POSTED NOVEMBER 05, 2025 3:01 PM |
Tariff-Paying Firms Line Up in Court to Get Paid If Trump Loses
As a US Supreme Court showdown over President Donald Trump’s global tariffs begins, yet another lawsuit contesting his trade policies hit the docket. The timing was unusual, since it’s unlikely a judge would do anything until after the high court …
POSTED NOVEMBER 05, 2025 3:00 PM |
AXA Announces Death of Its Founder Claude Bébéar at 90
AXA announced that Claude Bébéar, its founder and honorary chairman, has passed away at the age of 90. In less than one generation, Claude Bébéar transformed “a small mutual insurance company in Normandy into a global insurance giant,” said Antoine …
POSTED NOVEMBER 05, 2025 2:55 PM |
Heavyweight Class-Action Lawyer Stan Chesley Dies
Stanley Chesley, a class-action lawsuit pioneer who took on cigarette companies and the makers of faulty breast implants until his legal career ended amid accusations of unethical conduct, has died at age 89. Chesley died Sunday at a long-term care …
POSTED NOVEMBER 05, 2025 2:27 PM |
Judge Rejects Deal for Funeral Home Owner Accused of Stashing 190 Bodies
A Colorado judge rejected the plea agreement of a funeral home owner accused of stashing nearly 190 decaying bodies in a bug-infested building after family members of the deceased argued that the agreement’s 15- to 20-year sentence was too lenient. …
POSTED NOVEMBER 05, 2025 2:26 PM |
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