Wall Street Rally Wipes Away Year of Losses
The dollar’s strength, powered by rates, has also withered with the Bloomberg Dollar Spot Index trading near levels seen in April 2022, down nearly 10% since its record high. The S&P 500 index posted...
Monthly Archive: June 2023
Justice Department Accuses Minneapolis Police of Systematic Discrimination After George Floyd’s Killing
Article 0 Comments MINNEAPOLIS (AP) – The Justice Department alleged Friday that Minneapolis police have systematically discriminated against Black and Native American people for years and often violated constitutional rights following a sweeping investigation...
Blink Parametric Launches With Getcover.com
Expanded AwayCare partnership provides an innovative, real-time flight disruption solution to US travellers worldwide Cork, Ireland (June 16, 2023) – Blink Parametric and Getcover.com, a trading name of Newpoint Insurance Brokers Limited, a London-based...
Auto Insurance Customer Satisfaction Plummets as Rates Continue to Surge: J.D. Power
Participation in usage-based insurance programs reaches record high as customers seek lower-cost policies Troy, MI (June 13, 2023) – Nearly one-third (31%) of U.S. auto insurance customers say they experienced a rate increase during...
SageView Picks Up Founders of $5B Retirement Group
SageView Advisory Group is acquiring two of the founders and managing partners of Retirement Benefits Group in San Diego, along with their team, SageView said Thursday. The RBG team is an institutional retirement plan...
Arizona Woman Alleges Sexual Assault by Bauer; He Denies Allegation and Countersues
Article 0 Comments An Arizona woman has accused former major league pitcher Trevor Bauer of sexual assault, alleging in a lawsuit updated this week that he held a knife at her throat and choked...
Coalition Releases Security Vulnerability Exploit Scoring System
Coalition ESS uses AI to generate dynamic risk scores to help organizations mitigate their most critical risks faster San Francisco, CA (June 15, 2023) — Coalition, the world’s first Active Insurance provider designed to...
New DOL Fiduciary Rule Coming in August
The Labor Department announced in its just-released regulatory flexibility agenda that a new fiduciary rule would be released in August. Lisa Gomez, assistant secretary of Labor for the Employee Benefits Security Administration, said in May that...
NFP Acquires Rhodes & Williams Limited, Expanding Its Presence in Ontario
Acquisition increases NFP’s P&C capabilities and scale across personal risk and commercial line New York, NY (June 8, 2023) – NFP, a leading property & casualty broker, benefits consultant, wealth manager and retirement plan...
Study Blames Climate Change for Summer Wildfire Rise in California
Article 0 Comments New You can now listen to Insurance Journal articles! A study out this week shows that nearly all of the observed increase in summer wildfires in California over the past half-century...