A national commercial insurance brokerage with an office on High Street downtown today sued an archrival with an office around the corner on Franklin Street for allegedly stealing away 18 employees specializing in construction insurance- and millions of dollars worth of contracts. WTW Northeast says the alleged "smash and grab" recruitment by the Lockton…
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You started a side hustle from home. Engaged in some gig work in the garage, merch-making from the basement, or another home-based enterprise? And around 19 million U.S. businesses operate out of the owners' homes.
U.S. stocks drifted to a mixed finish as the countdown ticks toward potentially market-moving events coming later in the week. The S&P 500 slipped 0.3% Monday and pulled further from its record set earlier this month. On Friday, Federal Reserve Chairman Kevin Warsh will give a speech as pressure rises on him to hike interest rates to get inflation under control.
The following information was released by the office of the Governor of Texas:. Governor Greg Abbott today directed the Texas Department of Insurance to take several actions that put consumers first and make property and casualty insurance more affordable for Texans who invest in their homes. The average annual homeowners insurance premium in Texas has…
This is Part 4 of my "Medicare Reset" series designed to prepare those on Medicare for the Annual Enrollment Period that starts Oct. 15 and runs through Dec. 7.. AEP is the only time of the year when those on Medicare can make any change they wish to their current plan lineup. You can read the previous editions of the Medicare Reset series on our website,…
—Asian shares were mostly lower and oil prices slipped on Monday at the outset of a week capped by an annual meeting of top U.S. economic officials at Jackson Hole, Wyoming. Investors will get an important inflation update on Wednesday when the U.S. releases its report on personal consumption expenditures, or PCE, for July. Much like the consumer price index, it has…
Carissa Murray has joined Alliant Insurance Services as Assistant Vice President within its Employee Benefits Group. The San Diego, California- based consultant will work with employers across the Western Region to evaluate and implement workforce solutions that address organizational needs, mitigate risk, and support sustainable growth.
How much does your insurer really know about you? It could be more than just what’ s on your application form for the policy. Insurers have long been allowed to use what they know about us to charge different prices for the same level of cover, albeit within some tight rules.
By the time Democrat Xavier Becerra left Washington, D.C., more Americans than ever had health insurance, owing partly to his work over the years to pass, defend, and expand the Affordable Care Act. It's an achievement the former congressman and U.S. secretary of Health and Human Services often touts as he campaigns for California governor against Republican…
As Asia’ s insurance markets become more competitive with softer market conditions, AM Best’ s composite of Asia-Pacific reinsurance companies reversed a revenue decline from the previous year, posting a 4.0% increase in net insurance service revenue in 2025, driven primarily by overseas business. “The broader improvement in underwriting profitability…
Aug. 23— When enhanced premium tax credits were allowed to expire last year, Mark Robokoff, who owns a pet supply shop in Anchorage, decided to keep his health insurance. That meant a plan that cost him around $950 per month last year has cost $2,860 per month since the beginning of the year. Like hundreds of other small-business owners in Alaska, he was faced with an…
Aug. 23— Soon after the Plains Township zoning/hearing board allowed an Allentown- based music promoter to host a concert at Pocono Downs, tickets went on sale. The promoter was mandated to have one security officer per 100 concert-goers and have a $1 million umbrella liability insurance policy to protect Plains Township from any liability related to personal…
After Luigi Mangione was arrested in December 2024 in connection with the killing of UnitedHealthcare CEO Brian Thompson, the internet did what it often does: It turned something serious into a joke. He’ s now contesting second-degree murder and related charges in New York state, where his trial is on hold while his attorneys argue much of the case should be…
Shannon Hughes had heard that big changes were coming to Medicaid. She just didn’ t realize they could affect her. Starting next year, the state estimates up to 600,000 could face new federal requirements to work, attend school or volunteer for at least 80 hours a month to keep their health coverage, part of a Trump administration-backed overhaul approved by…
With the US Treasury issuing more debt on the long end of the curve, the market sees this as a sign of trouble. It looks like the US Treasury Department is going to issue more debt on the long end of the curve for at least a month in a special operation to increase liquidity. After all, it is possible that the Treasury Department and the Federal Reserve see something that…
The UK consumer price index increased, with a 2.9% gain year-over year in July. This was sharply higher than the 2.6% gain in June but matched the market estimate. The rise in inflation will be a major disappointment for the Bank of England.
ISM Manufacturing PMI Numbers in the US Surprise; The Federal Reserve Joins the Bank of Japan in Intervention; Palantir Jumps Massively After Earnings Beat; Bitcoin Trader Deal with a New Hack; Boeing Jumps After FAA Approval; US/Iran Talks Still in Question While Crude Oil Reacts. 2. USD/JPY and other yen-related pairs have been trying to stabilize after it was…
Mangione on Aug. 14 admitted in Manhattan Federal Court to stalking UnitedHealthcare CEO Brian Thompson with the intent to kill him on Dec. 4, 2024, motivated by a yearslong nightmare navigating the health insurance system with a broken back. Mangione's lawyers filed a motion in his separate state case saying New York's double jeopardy law had been triggered…
The minutes of the July 28-29 meeting, released Wednesday, don’ t provide specifics on how many of the 19 officials supported higher rates. Inflation has since showed some signs of cooling, though gas prices have rebounded this month on renewed hostilities in the Middle East. Wall Street investors now expect the Fed to remain on hold at its next meeting in…
