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People Moves: Everest’s Izzo Joins AXIS as CCO; Liberty Mutual Elects Canney to Board of Directors
Everest’s Izzo Joins AXIS as Chief Commercial Officer AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, appointed Anthony Izzo as chief commercial officer. Izzo will report directly to Vince Tizzio, President and CEO of AXIS, and will work out of …
POSTED APRIL 13, 2026 6:46 PM |
Jury Orders Abbott to Pay $70M in Preterm Infant Formula Trial
A jury in Chicago said Abbott Laboratories must pay $70 million in damages to a group of families that had accused the company of failing to warn that its formula for premature infants can cause a potentially deadly bowel disease, …
POSTED APRIL 13, 2026 4:05 PM |
Lululemon Slips as Texas Announces Probe of ‘Forever Chemicals’
Lululemon Athletica Inc. fell in New York trading Monday after the Texas attorney general said his office is investigating for the presence of so-called “forever chemicals,” which have been linked to health problems, in the yogawear brand’s apparel. “Emerging research …
POSTED APRIL 13, 2026 4:02 PM |
Bamboo Insurance Launches Condo Owner Offering for Californians
Bamboo Insurance launched a new condominium unit‑owners (HO‑6) insurance policy in California. The product is designed to address the insurance needs of condominium owners in the state, where coverage requirements often involve coordination between individual unit policies and homeowners association …
POSTED APRIL 13, 2026 3:34 PM |
IBM Agrees to Pay Government $17 Million in DEI Settlement
In the first outcome of the U.S. Department of Justice’s Civil Rights Fraud Initiative, IMB has agreed to about $17 million to settle charges related to the company’s diversity, equity, and inclusion (DEI) practices. “Racial discrimination is illegal, and government …
POSTED APRIL 13, 2026 3:33 PM |
Markets/Coverages: DUAL UK Enhances Cyber Binder With Increased Limits
DUAL has significantly strengthened the scope of its global cyber and technology capabilities, offering increased primary limits for risks with revenues up to £1 billion and enhanced excess limits for risks up to £5 billion. Backed by a number of …
POSTED APRIL 13, 2026 3:32 PM |
China’s Ping An Seeks to Sell $1 Billion Software-Focused PE Assets
China’s biggest insurer Ping An Insurance Group is seeking to reduce software-focused private equity exposure by selling its stakes in some funds, according to people familiar with the matter. The insurer has tapped Campbell Lutyens to offload stakes worth about …
POSTED APRIL 13, 2026 2:53 PM |
Wall Street Banks Try Out Anthropic’s Mythos
Wall Street banks are starting to test Anthropic PBC’s Mythos model internally as Trump administration officials encourage them to use it to detect vulnerabilities. While JPMorgan Chase & Co. was the only bank named as part of an initiative to …
POSTED APRIL 13, 2026 1:52 PM |
An Omaha Sinkhole Went Viral but Hundreds of Others Fall Under the Radar
As Harmon Maher walked along the Keystone Trail in central Omaha one morning in February, he spotted something odd: The creek next to the path, normally a gray-green color, ran bright orange. It was full of sediment, probably from some …
POSTED APRIL 13, 2026 1:47 PM |
Oklahoma State Softball Team Bus Involved in Fatal Crash
Oklahoma State’s softball team took some time to process a fatal crash involving its team bus earlier this week and will be back on the field Friday. The team had been traveling to Wichita, Kansas, on Wednesday afternoon when its …
POSTED APRIL 13, 2026 1:29 PM |
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