Acquiring home insurance has long been a mundane but necessary chore. In California, for hundreds of thousands of residents, it’s turned into a labyrinthine quest that leaves people with expensive, bare-bones coverage. That’s because an increasing amount of Californians have …
The U.S. Justice Department accused Facebook Inc. on Thursday of discriminating against U.S. workers, saying in a new lawsuit the social media giant has given hiring preferences to temporary workers, including those who hold H-1B visas. The Justice Department said …
The demographics of the Sandwich Generation – those who care for both their children and aging parents – as well the financial responsibilities they face as a result of COVID-19— are changing. The Sandwich Generation has become increasingly younger, more …
The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies. The transaction is expected to close in the first quarter of 2021 after regulatory approvals. Terms were not disclosed. …
A former Tesla Inc. factory employee will pay Elon Musk’s electric car maker $400,000 after it accused him of tipping reporters about alleged production inefficiencies and delays, a court filing shows. The payment by Martin Tripp, a former process technician …
South Korean investment bank Mirae Asset Daewoo Co. Ltd. and affiliates won a U.S. court case against Anbang Insurance Group, a court document showed, after Mirae scrapped a $5.8 billion deal after the start of the pandemic to buy 15 …
A federal judge has rejected Bayer AG’s proposed $648 million settlement of class-action litigation by cities and other claimants over contamination from polychlorinated biphenyls, or PCBs, made by the former Monsanto Co. In a Nov. 25 decision, U.S. District Judge …
The app builders had planned for pranksters, ensuring that only people with verified COVID-19 cases could trigger an alert. They’d planned for heavy criticism about privacy, in many cases making the features as bare-bones as possible. But, as more states …
Exchange operator Nasdaq has proposed new rules for listed companies around board diversity and disclosure. According to a filing with the Securities and Exchange Commission (SEC), the new listing rules, approved by Nasdaq directors on Nov. 5, would require all …
insurance consulting and technology firm Xceedance announced the expansion of its global actuarial and analytics services practice, led by Matthew Duke, senior vice president and chief actuary. Duke brings 15 years of experience in actuarial and analytics disciplines. Prior to …