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Marsh McLennan Reports Better Than Expected First Quarter Profit Marsh McLennan reported a better-than-expected quarterly profit on Thursday, helped by an increase in interest income the insurance brokerage earned from funds held on behalf of clients. The company’s shares rose about 2% to $201 before the bell. The U.S. …
POSTED APRIL 18, 2024 4:48 PM |
CFC Acquires Solution Underwriting in Australia CFC, the London-based specialist insurer, announced it has agreed to acquire Australian managing general agent, Solution Underwriting. Financial details of the deal, which is expected to complete on April 30, 2024, were not disclosed. CFC has been trading in Australia …
POSTED APRIL 18, 2024 4:40 PM |
Investor Climate Group Sets Target for Assets in Private Equity, Debt The world’s leading group of asset owners committed to turning their investment portfolios green said on Thursday it had set guidance for private assets for the first time and would also look to improve assessment of emissions tied to sovereign …
POSTED APRIL 18, 2024 4:26 PM |
Arthur J. Gallagher & Co. Acquires Louisiana’s Fontenelle & Goodreau Arthur J. Gallagher & Co. announced the acquisition of Metairie, Louisiana-based Fontenelle & Goodreau Insurance, LLC. Terms of the transaction were not disclosed. Fontenelle & Goodreau Insurance offers commercial property/casualty coverages specializing in large apartment accounts in the Louisiana market …
POSTED APRIL 18, 2024 3:44 PM |
Texas DWC Adopts Amendments to Accident Prevention Services The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced this week that it has adopted amendments the 28 Texas Administrative Code concerning certain submission requirements for insurance companies about their accident prevention services (APS). The rule will be …
POSTED APRIL 18, 2024 3:41 PM |
People Moves: McGill Expands Global Property Team; Lawrence Joins Alliant; Berkshire Specialty Promotes Bowman McGill Hires Milne and Cabot to US Property Team McGill and Partners, headquartered in London, appointed Duncan Milne and Cabot Lyman as partners to the firm’s U.S. property team. Milne joins the firm as a partner and head of U.S. …
POSTED APRIL 18, 2024 3:35 PM |
Global Insured Natural Disaster Claims Again Dominated by Severe US Storms: Gallagher Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with US claims accounting for more than $15 billion, or 75%, of the Q1 total, according to a Gallagher Re in a report. Despite a …
POSTED APRIL 18, 2024 3:02 PM |
Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs Few people in Florida and California will be surprises to hear that the majority of homeowners in those states have been affected by rising property insurance costs. A survey by Redfin, a U.S. real estate broker, found that just over …
POSTED APRIL 18, 2024 2:35 PM |
Attorney Wants Footage of Fatal Chase in Mississippi But Town Says None Exists JACKSON, Miss. (AP) — Civil rights attorney Ben Crump demanded Tuesday that police in a small town in Mississippi release camera footage of a chase that ended in the death of a Black teenager, but the city attorney said the …
POSTED APRIL 18, 2024 2:12 PM |
NC Governor’s Pandemic Rules for Bar Closures Were ‘Illogical’ Court Says RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper’s orders during the COVID-19 pandemic that directed standalone bars to remain shuttered for safety while restaurants that serve alcohol got to reopen were “illogical” and violated the state constitution, an appeals …
POSTED APRIL 18, 2024 2:02 PM |
Business and financial news - CNNMoney.com
7 things to know before the bell Read full story for latest details.
POSTED OCTOBER 04, 2018 5:10 AM |
SoftBank and Toyota want driverless cars to change the world Softbank and Toyota are partnering on an effort to use autonomous vehicles and other technologies to change the world of transportation.
POSTED OCTOBER 04, 2018 5:27 AM |
Aston Martin falls 5% in its London IPO Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.
POSTED OCTOBER 03, 2018 11:54 PM |
Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.
POSTED OCTOBER 03, 2018 7:59 PM |
Why it's time for investors to go on the defense Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.
POSTED OCTOBER 03, 2018 11:28 PM |
The Toys 'R' Us brand may be brought back to life Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.
POSTED OCTOBER 03, 2018 11:54 PM |
The internet industry is suing California over its net neutrality law Broadband trade groups and the DOJ have filed lawsuits over California's days-old law protecting net neutrality.
POSTED OCTOBER 03, 2018 5:46 PM |
Priyanka Chopra is helping Bumble expand in India It's the latest online dating app to compete for the hearts of women in India.
POSTED OCTOBER 03, 2018 1:40 PM |
Microsoft unveils new Surface devices Microsoft announced a new version of its desktop computer Surface Studio, and its first pair of smart headphones. It also announced the Surface Pro 6 and Surface Laptop 2.
POSTED OCTOBER 02, 2018 11:46 PM |
Getting health insurance through work now costs nearly $20,000 Family health insurance now costs employers and workers nearly $20,000 a year, on average, according to a new report.
POSTED OCTOBER 03, 2018 10:02 AM |
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