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Ex-Broker Admits to Insider Trading Scheme Born From Pandemic

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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California Judge Enables Tesla to Undo Race Bias Class Action by Black Factory Workers

Article 0 Comments A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant cannot sue over alleged racial harassment as a class, reversing an earlier ruling in a major victory for CEO Elon Musk’s electric vehicle maker. California Superior Court Judge Peter Borkon late on Friday ruled that the 2017 lawsuit could not move forward as a class action because lawyers for the plaintiffs were unable to find 200 class members willing to testify ahead of a trial scheduled for 2026. Borkon said he could not trust that the experiences of a smaller sample of workers could be applied to the entire class. A different judge had certified the class in 2024, but Borkon said that was based on the belief that a trial in the large-scale case would be manageable. Tesla and lawyers for the plaintiffs did not immediately respond to requests for comment on Monday. The company has said that it does not tolerate workplace harassment and that it has fired employees who were engaged in racial misconduct. The named plaintiff, former assembly-line worker Marcus Vaughn, alleged that Black workers at the Fremont, California factory were subjected to a range of racist conduct...

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When Funding College With Roth IRAs Makes Sense: Levine, Slott

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Ex-Raymond James, Morgan Stanley Rep in Hot Water Over Loans

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Most Canadian Drivers Prioritize Winter Driving Safety Despite Rising Cost of Living 0

Most Canadian Drivers Prioritize Winter Driving Safety Despite Rising Cost of Living

Three-quarters of survey respondents say extreme weather patterns make winter tires more important than ever Toronto, ON (Nov. 11, 2025) – Three-quarters of Canadian motorists (76 per cent) believe extreme winter weather events related to Canada’s changing climate have made winter tires more important than ever, according to a new Probe Research survey commissioned by the Tire and Rubber Association of Canada. More than four in five (84 per cent) say driving a vehicle equipped with winter tires has saved them from an accident or loss of control. With weather patterns becoming increasingly unpredictable, winter tire usage continues to grow. Across Canada usage now stands at 80 per cent, showing a 2-point increase from last year and a 12-point increase over the last decade. The study also reveals that 81 per cent of drivers believe winter tires are an important investment despite the rising cost of living. However, current financial pressures are having an impact. About one in three drivers (32 per cent) say they are now less likely to buy winter tires because of increased financial burdens. “With climate challenges affecting Canadian winters, drivers are rightfully concerned about safety on the roads,” says Carol Hochu, president and CEO of TRAC....

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4 Ways Advisors Can Boost Their Presence in AI Search Results

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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IJ Q&A: Fortegra on the Grow Path for MGAs

Article 0 Comments At the recent Target Markets Annual Summit in Scottsdale, Arizona, a gathering of 2,000 MGAs, program administrators and carrier executives, Insurance Journal sat down with Abbie Taylor, executive vice president and chief operating officer of Jacksonville, Florida-based Fortegra. Here is an edited transcript of the conversation. Insurance Journal: What can you tell us about the MGA space in terms of its size and the factors driving its growth? Abbie Taylor Abbie Taylor: It’s always great to be back at Target Markets and get a sense of the MGA market more broadly. The market today is over $110 billion in the U.S. — it’s basically doubled in the last five years — and MGA growth is outpacing that of the broader P&C market. There are more than 1,100 MGAs and program administrators operating at this point, and we’re seeing strong growth of MGAs in the UK and Europe as well. One thing I particularly enjoy about coming to Target Markets is meeting with agents and hearing the deep expertise they bring to their niche markets. Over the years, we’ve seen talented professionals leave large carriers to hang out their own shingle, and there are several reasons for that....

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California Revokes 17,000 Commercial Driver’s Licenses for Immigrants

Article 0 Comments California plans to revoke 17,000 commercial driver’s licenses given to immigrants after discovering the expiration dates went past when the drivers were legally allowed to be in the U.S., state officials said. The announcement follows harsh criticism from the Trump administration about California and other states granting licenses to people in the country illegally. The issue was thrust into the public’s consciousness in August, when a tractor-trailer driver not authorized to be in the U.S. made an illegal U-turn and caused a crash in Florida that killed three people. Transportation Secretary Sean Duffy said Wednesday that California’s action to revoke these licenses is an admission that the state acted improperly even though it previously defended its licensing standards. California launched its review of commercial driver’s licenses it issued after Duffy raised concerns. “After weeks of claiming they did nothing wrong, Gavin Newsom and California have been caught red-handed. Now that we’ve exposed their lies, 17,000 illegally issued trucking licenses are being revoked,” Duffy said, referring to the state’s governor. “This is just the tip of iceberg. My team will continue to force California to prove they have removed every illegal immigrant from behind the wheel of semitrucks...

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All 14 Victims Identified in UPS Cargo Plane Crash in Louisville

Article 0 Comments A grandfather and his young granddaughter. An electrician with two young children. A woman standing in line at a scrap metal business. They were among the 14 people who died in the fiery crash of a UPS plane in Louisville last week. Their names were released Wednesday as Mayor Craig Greenberg lamented the lives that will “forever be unfinished.” “As we share the names of those who we’ve lost, our city feels the full weight of this unimaginable tragedy,” Greenberg said at a news conference. “Behind every one of these names is a circle of family, friends, stories that will forever be unfinished.” Eight days after the plane plowed into the ground in a massive fireball, the local coroner’s office said it completed the grim tasks of recovering victims’ remains, identifying them and notifying their loved ones. Investigators from the National Transportation Safety Board remain at the crash site, Greenberg said. Victims included three pilots on board when the crash happened during takeoff at UPS Worldport, the company’s global aviation hub located at Muhammad Ali International Airport. They were Capt. Richard Wartenberg, First Officer Lee Truitt and International Relief Officer Capt. Dana Diamond. Dramatic video captured the...

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Why Advisory Firms Are Chasing ‘The Same Person’

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