New Social Security Bill Phases Out Payroll Tax Cap
What You Need to Know The bill phases out the cap on wages subject to the FICA taxes that fund Social Security. It also would use the Consumer Price Index for the Elderly (CPI-E)...
Monthly Archive: August 2024
Insured losses from 2023 Nova Scotia wildfires and flooding now approaching half-billion dollars
Toronto, ON (July 25, 2024) – A new report from Insurance Bureau of Canada (IBC) reveals that one year after consecutive devastating wildfires and flooding in Nova Scotia, the total insured losses now stand...
MyChoice Releases First Publicly Available AI with Real-Time Life Insurance Quotes
Toronto, ON (Jul. 24, 2024) – MyChoice, a Toronto-based Insurtech company, has released an insurance assistant that allows users in the US and Canada to receive real-time life insurance quotes while interacting with an...
Canadian executives see operational gains from generative AI, but integration lags: RSM Canada Survey
84% of Canadian middle market business leaders surveyed are already seeing positive returns from generative AI integration, though many lack the resources to maximize its potential Toronto, ON (Jul. 23, 2024) – Seventy-four per...
CarShield to Pay $10M Settlement Over Deceptive Advertising Charges
Article 0 Comments CarShield will pay $10 million to settle charges that its advertisements and telemarketing for its extended auto warranty plans are deceptive and misleading, the Federal Trade Commission said. Many customers found...
4 Ways to Help Clients With Digital Assets
What You Need to Know Clients need to begin by taking inventory of their digital assets Laws governing such assets vary by jurisdiction. Having a plan in place can make life easier for those...
As SEC Onsite Exams Hit Fever Pitch, Here’s What RIAs Need to Know
What You Need to Know The onsite portion of SEC exams are back in full swing, says Amy Lynch. There’s an uptick in such exams overall, the industry expert noted. What’s triggering more exams?...
Hawaii Governor Says a $4B Settlement for 2023 Maui Wildfire Coming Soon
Article 0 Comments The parties involved in Lahaina wildfire lawsuits against the state of Hawaii, Maui County and utilities are close to a global settlement of claims that will be worth a little over...
JPMorgan, Citi Predict Two Supersized Fed Cuts This Year
“With the benefit of hindsight, it’s easy to say the Fed should have cut this week,” JPMorgan’s Feroli wrote. “Even if the softening in labor market conditions moderates from here going forward, it would...
Texas Assisted Living Facility Sued for Firing Worker With Sleep Disorder
Article 0 Comments VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, violated federal law when it denied an employee an accommodation for her sleep disorder and then fired her,...