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6 03, 2025

Aon’s NFP Acquires UK-Based Business Management Consultancy, Clay GBP Ltd.

By | March 6th, 2025|Uncategorized|Comments Off on Aon’s NFP Acquires UK-Based Business Management Consultancy, Clay GBP Ltd.

NFP, the Aon company and insurance brokerage and consulting firm, has acquired Clay GBP Ltd., a London-based business management firm. Financial details of the transaction were not disclosed. NFP plans to integrate Clay GBP into its subsidiary Ground Control Business …

21 01, 2025

GM Agrees to 5-Year Ban on Selling Drivers’ Location Data

By | January 21st, 2025|Uncategorized|Comments Off on GM Agrees to 5-Year Ban on Selling Drivers’ Location Data

U.S. automaker General Motors and its subsidiary OnStar agreed not to disclose sensitive vehicle geolocation and driver behavior data to consumer reporting agencies for five years, the U.S. Federal Trade Commission said last week. The agency alleged the largest U.S. …

21 01, 2025

Vanguard to Pay $106 Million Over Retirement Fund Violations

By | January 21st, 2025|Uncategorized|Comments Off on Vanguard to Pay $106 Million Over Retirement Fund Violations

Vanguard Group will pay more than $106 million to settle U.S. Securities and Exchange Commission allegations that it made misleading statements about capital gains distributions and tax consequences to retail investors who held popular target-date retirement funds in taxable accounts. …

21 01, 2025

Insurtechs’ Approach to Wildfire Insurance: Part I – Delos

By | January 21st, 2025|Uncategorized|Comments Off on Insurtechs’ Approach to Wildfire Insurance: Part I – Delos

While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion. Moody’s RMS, in …

21 01, 2025

Extreme Cold and Record Snowfall to Test Texas Power Grid

By | January 21st, 2025|Uncategorized|Comments Off on Extreme Cold and Record Snowfall to Test Texas Power Grid

A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep freeze that endangers oil and natural gas output and electrical grids. Snow and sleet began dropping Monday night in Houston, …

21 01, 2025

Michigan Adult Care Company to Pay $170K in EEOC Lawsuit

By | January 21st, 2025|Uncategorized|Comments Off on Michigan Adult Care Company to Pay $170K in EEOC Lawsuit

PACE Southeast Michigan, a company providing all-inclusive care for the elderly, will pay $170,000 and furnish other relief to resolve a disability discrimination lawsuit filed by the U.S. Equal Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s …

21 01, 2025

Walgreens Ignored Red Flags in Dispensing Opioids, US Says

By | January 21st, 2025|Uncategorized|Comments Off on Walgreens Ignored Red Flags in Dispensing Opioids, US Says

The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across the US while ignoring red flags that the prescriptions were likely illegal. The lawsuit claims Walgreens pharmacists filled millions of …

21 01, 2025

EEOC Sues Two Automakers, Alleging Discrimination and Harassment

By | January 21st, 2025|Uncategorized|Comments Off on EEOC Sues Two Automakers, Alleging Discrimination and Harassment

The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto Workers of age discrimination and the Stellantis unit that includes Chrysler of subjecting female employees to sexual harassment. GM and …

21 01, 2025

UK’s Reeves to Meet Key Financial Services Sectors

By | January 21st, 2025|Uncategorized|Comments Off on UK’s Reeves to Meet Key Financial Services Sectors

British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking and insurance, over the coming months to formulate a new growth and competitiveness strategy. “I am committed to working hand-in-hand …

21 01, 2025

Southern Taiwan Hit by 6.4 Magnitude Quake, TSMC Evacuates Some Factories

By | January 21st, 2025|Uncategorized|Comments Off on Southern Taiwan Hit by 6.4 Magnitude Quake, TSMC Evacuates Some Factories

A 6.4 magnitude earthquake struck a mountainous, rural area of Taiwan’s south on Tuesday near the city of Chiayi, the island’s weather administration said, with reports of minor damage. Chipmaker TSMC said it had evacuated staff at its factories in …