Wall Street Builds on $3T Stock Rally
Stocks climbed for an eighth straight day — the longest winning streak in 2024 — with traders hoping the Federal Reserve will signal it’s ready to start cutting interest rates. With the central bank...
Monthly Archive: August 2024
John Hancock and Ethos Collaborate to Offer Simple Term with Vitality and a Return of Premium Rider
Boston, MA (Aug. 13, 2024) – John Hancock and Ethos have joined forces to offer John Hancock Simple Term with Vitality through Ethos. This simplified term life insurance product provides customers with generous Return...
SME Broker Ardonagh Advisory to Acquire UK-Based R.K. Henshall
Article 0 Comments Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Ltd. Financial details of the transaction, which is subject to regulatory approval,...
The Rich Can’t Sell Their Art, So They’re Borrowing Against It
The team, which the bank is continuing to invest in, has 12 specialists in the art market across credit, wealth planning and philanthropy. The bank’s clients that already have loans keep them, while utilization...
What Panic? Stocks Are Quickly on Way Back to Record Highs
In 2022, the index sank 25% before a sustained rebound. And during the global financial crisis, it plunged as much as 57% — and then took four years to fully recover. Above Key Levels...
Complaint Accusing Advisor of Churning Retirees’ Accounts Dropped
A lawsuit accusing a Connecticut investment advisor of making excessive and inappropriate trades for a retired couple has been withdrawn. In a complaint filed in November, Terry and Nancy Chabot alleged that Samir Shehu,...
Climate change raised the odds of unprecedented wildfires in 2023-24
The Inaugural ‘State of Wildfires’ Report report, published in the journal Earth System Science Data (ESSD), offers a comprehensive analysis of global wildfires, supported by data from the Copernicus Atmosphere Monitoring Service (CAMS). The...
Threat actors exploit cybersecurity gaps from M&A, software consolidation to maximize damage & profit, Resilience finds
Ransomware attacks surge in frequency and severity since 2023, buoyed by major attacks on Change Healthcare, CDK Global, and others San Francisco, CA (July 1, 2024) – Threat actors evolved their tactics in 2024...
People Moves: Skyward Specialty Hires Four Regional VPs and Two Underwriters
Article 0 Comments Skyward Specialty Insurance Group, Inc., headquartered in Houston, named four new regional vice presidents and two new underwriters. Skyward Specialty named Gregg Callahan regional vice president in its northeast region in...
People Moves: NI Holdings, Inc. Appoints Launer Interim CEO
Article 0 Comments NI Holdings, Inc., headquartered in Fargo, North Dakota, named Cindy L. Launer as interim CEO. Michael J. Alexander has stepped down from his role as president and CEO and as a...