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Trump to Issue Order Creating National AI Rule

Article 1 Comment President Donald Trump said on Monday he would sign an executive order this week that he said would create a single national rule for artificial intelligence, which the industry has said is necessary to override disparate laws passed by U.S. states. The move would deliver a win for Big Tech companies that have cultivated close relationships with the White House, and likely draw consternation from both Democratic and Republican state leaders who have said they need the ability to protect state residents. “There must be only One Rulebook if we are going to continue to lead in AI… I will be doing a ONE RULE Executive Order this week. You can’t expect a company to get 50 Approvals every time they want to do something,” Trump said in a post on his social media site, Truth Social. Trump did not provide details but Reuters reported last month that the U.S. president was considering an executive order that would seek to preempt state laws on AI through lawsuits and by withholding federal funding. ChatGPT maker OpenAI, Alphabet’s Google, Meta Platforms, and venture capital firm Andreessen Horowitz have called for national AI standards instead of a 50-state patchwork of...

Travelers Shares Strategies to Help Protect Businesses and Consumers from Insurance Fraud 0

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Travelers Shares Strategies to Help Protect Businesses and Consumers from Insurance Fraud

Hartford, CT (Nov. 26, 2025) – In recognition of International Fraud Awareness Week, Travelers is highlighting strategies to help businesses and consumers protect themselves from insurance fraud. This threat costs Americans $308.6 billion annually, according to estimates from the Coalition Against Insurance Fraud. “Insurance fraud drives up the overall cost for everyone and undermines consumer trust and the integrity of the insurance process,” said Pranay Mittal, Vice President of Travelers Investigative Services. “By raising awareness of the many forms these threats can take, and equipping individuals and businesses with the tools they need to recognize and prevent fraud, we can create a more secure marketplace together.” A recent Travelers survey indicates businesses are primarily concerned about medical provider schemes involving coordinated networks of health care professionals; digital scams affecting business systems and data; and employee fraud occurring within organizations. Separately, consumers were concerned with contractor fraud and pre-planned car accidents that target individuals. “Criminals keep getting smarter and more sophisticated, and the resulting insurance fraud costs the industry and everyday consumers hundreds of billions of dollars each year,” said David J. Glawe, President and Chief Executive Officer of the National Insurance Crime Bureau. “Our partnership with Travelers, along with other insurers,...

Canadian youth anxious about their economic future, but still face barriers to accessing mental health support 0

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Canadian youth anxious about their economic future, but still face barriers to accessing mental health support

Economic pressures have left over 80% of Canadian youth feeling stressed and anxious about their future – yet barriers to accessing mental health support persist New report from GreenShield and Mental Health Research Canada highlights the urgent need for more accessible, inclusive solutions to support youth mental health Waterloo, ON (Nov. 19, 2025) – A new survey from GreenShield, Canada’s only national non-profit health care and insurance organization, conducted in partnership with Mental Health Research Canada (MHRC), reveals that over 80% of Canadian youth feel overwhelmed by stress and anxiety about their future, and economic pressures – including job insecurity and the rising cost of living – are key drivers. The survey paints a stark picture: financial stress is not only intensifying mental health challenges for Canadian youth, but also blocking access to care. The findings reveal how economic instability is shaping young Canadians’ wellbeing and their ability to seek support. “Canada’s youth are navigating a perfect storm of economic instability and emotional strain,” said Zahid Salman, President and CEO of GreenShield. “At GreenShield, we’re committed to breaking down barriers to care, whether financial, cultural, or systemic, by providing a single, easy-to-access platform tailored to their unique needs. Supporting youth...

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New Bill Could Help Employer Plans Pull in Roth IRA Assets

/ 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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This Retirement Trend Could Slow the IRA Rollover

/ 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 Resources Reports Oil Fluid Spill in Monterey County

Article 0 Comments A pipeline owned by California Resources Corporation subsidiary Aera Energy spilled 96 barrels of produced fluid — a mixture of oil and water — early Friday morning at an oil field in Monterey County in California’s Central Coast. The spill came from an eight-inch pipe and was contained to the immediate area, the company said in a report to the California Governor’s Office of Emergency Services filed just after 7:00 a.m. local time. Flow to the pipe was shut, the release was stopped and the cause of the incident was unknown at the time, California Resources said. No waterways or storm drains were affected, according to the report. The spill, although relatively small, comes as California Gov. Gavin Newsom seeks to boost oil production in the state as declines in domestic production and the knock on effect on the state’s dwindling number of refineries threaten to spike what are already the highest gasoline prices in the nation. “In the past few weeks, we’ve seen numerous examples of how oil production threatens California’s communities and water supplies,” Hollin Kretzmann, an attorney at the Center for Biological Diversity’s Climate Law Institute, said in an emailed statement. “As long as...

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Meet the 2025 Luminaries Winners

/ 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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South Dakota Legislators Plan Bills to Help Residents in Fight Over Limestone Mine

Article 0 Comments Three lawmakers who represent Piedmont, South Dakota, hope to change weak state mining laws that allowed a proposed limestone mine to be sited without notification or input by any local officials or residents. The plan by Simon Contractors to begin mining limestone on 300 acres within the city of Piedmont and in the surrounding Black Hills came as a shock to locals, who only learned of the mine project through an October notice in a local newspaper. Piedmont is located along Interstate 90 about midway between Rapid City and Sturgis. Simon, a French-owned, Wyoming-based mining and materials company, said it has acquired state approval and private landowner agreements to allow limestone mining on 10 parcels of land in and around Piedmont. The mine is expected to start running in August and operate through 2043, according to Simon. Simon followed lax state mining laws that allow mining of sand, gravel and limestone without a formal permitting, notification and public input process required of more invasive hard rock mining operations. The lack of zoning ordinances in Meade County also enabled the mining company to develop its plans without county input. Opposition to the mine has crystalized quickly in Meade...

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People Moves: RiverStone International Appoints Pritchard as UK CEO

Article 0 Comments RiverStone International Appoints Pritchard as UK CEO RiverStone International Holdings, the legacy acquisition company, announced the appointment of Charlotte Pritchard as UK CEO, effective January 5, subject to regulatory approval. Pritchard succeeds Andrew Creed who will become group president (also effective January 5), while continuing his role as group CFO. Charlotte Pritchard Pritchard brings more than 16 years of experience in financial services to the role and has spent the past eight years with RiverStone International, most recently as group risk and compliance director, where she has been responsible for the oversight of all risk and compliance matters, and has successfully provided strategic leadership to cross-border teams across five territories. Since 2010 RiverStone International has completed 47 transactions acquiring US$17.7 billion in gross liabilities. In 2024 the group reported $300 million in adjusted profit before tax with a 19.1% return on opening adjusted tangible book value. “We are delighted to appoint Charlotte as UK CEO. Over the past eight years, she has developed strong relationships and delivered consistent results for RiverStone International,” commented Luke Tanzer, group chief executive officer of RiverStone International. “She brings a wealth of experience to the role and has consistently demonstrated her capabilities...

Navacord and Acera Insurance Announce Transformational Merger 0

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Navacord and Acera Insurance Announce Transformational Merger

Together, firms build toward becoming Canada’s largest privately held insurance brokerage, employee benefits and wealth advisory firm Toronto, ON (Dec. 3, 2025) – Navacord Corp. and Acera Insurance Services Ltd., two industry-leading Canadian insurance brokers, are merging and poised to create the country’s largest privately held insurance brokerage, employee benefits and wealth advisory firm. The transaction, which is structured as a plan of arrangement under Alberta corporate law, is subject to achieving regulatory, court and shareholder approvals and is expected to close in the first quarter of 2026. The organizations are expected to represent a combined strength of $7.2 billion in insurance and employee benefits premium, $7.5 billion in retirement assets under management, 5,000-plus insurance and financial services professionals, and more than 150 locations nationwide. This merger will be led by longtime peers of 30 years: Navacord founders T. Marshall Sadd and Shawn DeSantis, and Acera founders Lee Rogers and Andrew Kemp, each of whom has deep roots in Western Canada. The deal stands as a testament to their shared culture of collaboration and mutual respect. “This marks a defining moment for both Navacord and Acera. Uniting our organizations allows us to build a stronger, more resilient, and more forward-looking...