23 10, 2023

Florida Special Session Called to Punish Iran…and Help Floridians with Wind Mitigation

By | October 23rd, 2023|Uncategorized|Comments Off on Florida Special Session Called to Punish Iran…and Help Floridians with Wind Mitigation

Florida lawmakers have agreed to convene in another special session – the sixth in three years – this time to sanction the country of Iran but with a little indirect Florida property insurance relief also on the agenda. The call …

26 10, 2023

Judges Ask Why Trump Waited Years Before Claiming ‘Presidential immunity” in Defamation Case

By | October 26th, 2023|Uncategorized|Comments Off on Judges Ask Why Trump Waited Years Before Claiming ‘Presidential immunity” in Defamation Case

A federal appeals panel wants to know why lawyers for former President Donald Trump didn’t try years ago to use a claim of absolute presidential immunity to shield him from a defamation lawsuit by a woman who accused him of …

23 10, 2023

Software Firm Okta’s Discloses Cyber Breach

By | October 23rd, 2023|Uncategorized|Comments Off on Software Firm Okta’s Discloses Cyber Breach

Okta on Oct. 20 disclosed a breach of its customer support system that allowed some hackers to view files uploaded by certain clients, pushing the software company’s shares down about 12%. “Okta security has identified adversarial activity that leveraged access …

26 10, 2023

New York Fed to Present Research on Impact of Extreme Weather Events

By | October 26th, 2023|Uncategorized|Comments Off on New York Fed to Present Research on Impact of Extreme Weather Events

The Federal Reserve Bank of New York announced it will release a nine-part blog series on the economic and financial impacts of extreme weather events in the Federal Reserve’s Second District. Starting November 8, the Liberty Street Economics series will …

23 10, 2023

Inflation, Commercial Real Estate Among Top Financial Stability Concerns

By | October 23rd, 2023|Uncategorized|Comments Off on Inflation, Commercial Real Estate Among Top Financial Stability Concerns

The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of respondents to a Federal Reserve survey on financial stability, the U.S. central bank said on …

26 10, 2023

Choice Financial Group Acquires SIA Insurance in New Jersey

By | October 26th, 2023|Uncategorized|Comments Off on Choice Financial Group Acquires SIA Insurance in New Jersey

Choice Financial Group announced it has acquired SIA Insurance in Manasquan, New Jersey. The move marks Choice’s fourth acquisition in New Jersey and adds to Choice’s growing East Coast presence from New Hampshire to Florida. SIA Insurance was formed in …

23 10, 2023

Companies Grapple With the Fallout of Speaking Up About the Israel-Hamas War

By | October 23rd, 2023|Uncategorized|Comments Off on Companies Grapple With the Fallout of Speaking Up About the Israel-Hamas War

Starbucks accused a union representing thousands of its baristas of damaging the brand and endangering co-workers with a pro-Palestinian tweet. The CEO of a prominent tech conference resigned amid backlash for his public statements suggesting that Israel was committing war …

26 10, 2023

People Moves: XPT Taps Jones as VP, to Head Orlando Office

By | October 26th, 2023|Uncategorized|Comments Off on People Moves: XPT Taps Jones as VP, to Head Orlando Office

XPT Specialty, a wholesale brokerage with offices in 12 US states, has named Mike Jones senior vice president, based at XPT’s newly established Orlando office. Jones will oversee hybrid managing general agency/brokerage placements for contractors, hospitality, product liablity and liquor, …

23 10, 2023

R&Q Insurance to Sell Insurance and Program Management Unit to Canada’s Onex

By | October 23rd, 2023|Uncategorized|Comments Off on R&Q Insurance to Sell Insurance and Program Management Unit to Canada’s Onex

Bermuda-based global specialty insurance firm R&Q Insurance Holdings said on Friday it would divest its insurance and program management business, Accredited, to Onex Corp. for an enterprise value of $465 million. Proceeds from the sale, expected to be around $300 …

26 10, 2023

Conservatives Challenging Nasdaq Board Diversity Rule Appeal to Full 5th Circuit

By | October 26th, 2023|Uncategorized|Comments Off on Conservatives Challenging Nasdaq Board Diversity Rule Appeal to Full 5th Circuit

A conservative group that lost a challenge to Nasdaq’s board diversity disclosure rule appealed the decision on Wednesday, requesting a full court review and saying that the rule discriminates based on race and sex. The rule approved by the U.S. …