The U.S. car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced rivals. Lawmakers have framed the issue around partisan lines. U.S. President Donald …
Neptune Flood has joined the ranks of insurance apps in ChatGPT. On March 12 St. Petersburg, Florida-based Neptune Flood said it has a digital flood insurance app on the platform to allow property owners to get real-time preliminary quotes from …
Reed Anders joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based in Chicago, Illinois, Anders has led cross-functional teams across finance, accounting, HR, compliance, IT, and operations. He began his career …
Gallagher Re, the global reinsurance brokerage, named Steven Housse as facultative reinsurance leader for North America, starting this week. Housse, based in Atlanta, joins Gallagher after three years as managing director with BMS Group, a London-based insurance and re broker. …
An unusually early heat wave is set to grip Los Angeles and much of the Southwest, putting California’s already fragile snowpack, and therefore its water supplies, at risk. Temperatures in downtown Los Angeles on Friday are forecast to reach 98F …
Toyota Motor Corp. is recalling 550,007 vehicles in the U.S. as a faulty seat-back mechanism may fail to lock, increasing the risk of injury, the U.S. National Highway Traffic Safety Administration said on Wednesday. Related: Ford Recalling 605,000 Vehicles in …
A cyberattack against medical technology maker Stryker Corp. crippled the company’s global operations, according to a person familiar with the matter and a memo seen by Bloomberg News. A pro-Iranian digital activist group, Handala, has claimed credit for the incident, …
Chubb Ltd. is partnering with the U.S. International Development Finance Corp. on a $20 billion reinsurance backstop aimed at reviving shipping in the Strait of Hormuz, a crucial oil route being disrupted by the U.S. and Israeli war with Iran. …
Diagnosis-related allegations of malpractice are the most common neurology claims, a new report shows. A new medical malpractice review from the Doctors Company examining negligence allegations and contributing factors shows the most common allegation of negligence was diagnosis related (38%) …
Finance-sector workers are about to become the unintended beneficiaries of the U.K.’s Employment Rights Act, a set of trade-union-backed policies primarily designed to strengthen protections for people in low-paying or insecure jobs. The Labour government will scrap the financial cap …