The more U.S. lawmakers learn about how Facebook Inc. and Twitter Inc. work, the more they want to know. In the latest congressional hearings on misinformation and election interference, which featured first-time appearances by Facebook Chief Operating Officer Sheryl Sandberg …
American International Group Inc. Chief Executive Brian Duperreault said on Wednesday he sees “huge potential” within the insurer’s portfolio for use of a market in which investors trade assets tied to insurance liabilities. The insurance linked securities (ILS) market, which …
The federal government’s chief watchdog slammed the Federal Emergency Management Agency’s response to the hurricane that killed thousands of people in Puerto Rico last year, saying it was unprepared and failed to deploy enough qualified staff. The U.S. Government Accountability …
More than one-third (35 percent) of employees in the U.S. feel they’ve experienced workplace harassment, and half of them believe it was due to their gender. A study released by specialty insurer Hiscox also found that 78 percent of those …
If you already subscribe to digital services like Netflix to binge on TV shows and Spotify to groove to an endless mix of music, the auto industry might have a deal for you: Subscribe to your next car as well. …
Broker JLT Specialty USA has named Bruce S. Fine as Global Aerospace Manufacturers and Infrastructure Industry leader. Based in Atlanta, Fine will be a member of the Global Specialty – Aerospace leadership team as well as the U.S. Specialty leadership …
Bank of America Corp.’s wealth management arm Merrill Lynch is reintroducing brokerage capabilities to its retirement accounts, reversing a policy put in place to comply with Obama-era regulation. In response to requests from customers, the company expects to add a …
As racial diversity tumbles on Wall Street, JPMorgan Chase & Co. has reached a settlement with financial advisers who say they were treated poorly because they’re black. Six current and former employees at the largest U.S. bank filed what they …
State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. The customers …
Prudential is going straight to consumers with its insurance and investment products for the first time in its 143-year history, a move that follows rivals and startups which are already well established in the field. The direct-to-consumer service marks a …
