February 13, 2024
JM Wilson, headquartered in Portage, Michigan, made several new hires and promotions in offices across the country. Katie Priester Bird joined the company as a property and casualty underwriter. Bird previously held roles in credit card dispute resolution for PNC …
February 13, 2024
North American companies ordered about a third fewer robots last year as worries about a slowing economy and higher interest rates made it harder to justify buying the advanced machines, the first hiccup in five years in what has been …
February 13, 2024
Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned maker of the popular Squishmallows plush toys, sued Build-A-Bear Workshop on Monday, calling its new Skoosherz plush toy line “knockoffs” that infringed its intellectual property rights. Not to be outdone, …
February 13, 2024
No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal magazine asked industry thought leaders their predictions for the property/casualty world in 2024 and …
February 12, 2024
A ruling that gives the Dartmouth basketball team the right to unionize has far-reaching implications for all of college sports — from the quaint, academically oriented Ivy League to the big-money football factories like Michigan and Alabama. But it’s not …
February 12, 2024
A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle U.S. Securities and Exchange Commission charges of record-keeping failures, the regulator said on Friday. The settlements with broker-dealers and investment …
February 12, 2024
Consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark, and a 14% increase over reported losses in 2022, newly released Federal Trade Commission data shows. Consumers reported …
February 12, 2024
The odds of a La Niña weather pattern this year are rising, amplifying the risk of hurricanes in the Atlantic and drought in California and South America. There’s a 55% chance that La Niña, a cooling of the equatorial Pacific, …
February 12, 2024
A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for …
February 12, 2024
Amazon.com Inc. allegedly retaliated against three female employees — including firing one and placing another on a performance plan — after they sued the company for discrimination, the plaintiffs said in new court papers. In an amended complaint filed Friday, …