Stretched valuations for artificial intelligence companies and challenges to the Federal Reserve’s independence have fueled the risks of a “sharp market correction,” the Bank of England said on Wednesday. In its quarterly financial stability update, the UK central bank said …
Bank of England Says Soaring AI Valuations Risk Sharp Market Correction Read More »
Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the unit. The firm, which generates about 80% of its overseas …
Tokio Marine Weighs More Than $10 Billion of International M&A Read More »
France further cut its estimate for this year’s wine production, putting output below 2024’s historically low level, after summer heat waves and wildfires hit vineyards. With the grape harvest nearly complete, output is now seen at 36 million hectoliters, the …
French Wine Output to Fall Below 2024 After Fires Ravage Vines Read More »
GEICO Names Orpello Chief Marketing Officer GEICO, headquartered in Chevy Chase, Maryland, named Arianna Orpello as its new chief marketing officer, reporting to Chairman, President and CEO Todd Combs. Orpello, who will join the company on Jan. 5, 2026, will …
People Moves: GEICO Names Orpello CMO; O’Donnell Joins Howden US as Head of Logistics Read More »
Elon Musk and X Corp have reached a settlement in a lawsuit by four former top executives at Twitter, including former CEO Parag Agrawal, who claim they were not paid $128 million in promised severance pay after Musk acquired the …
Musk’s X Settles Ex-Twitter Executives’ $128 Million Severance Pay Lawsuit Read More »
Employers and employees see safety issues and solutions differently, and open communication could be the easy solution. A recent report on employees’ safety perspectives found gaps in both issues and solutions when it comes to workplace safety. When comparing findings …
Survey: Employer, Employee Views Differ on Workplace Safety Read More »
Russia has reported a growing number of drone attacks deep inside its territory, with some reaching nearly 2,000 kilometers (1,200 miles) from the Ukrainian border, further testing the country’s air defenses as the war expands. Drones were detected in industrial …
Drone Attacks Are Now Seen 2,000 Kilometers Inside of Russia Read More »
IMA Financial Group, a wholesale brokerage based in Denver, has added Valent Group, one of Alabama’s largest privately held insurance brokers, to its team of affiliated firms. Valent, a subsidiary of EBSCO Industries, will retain its name and four offices …
IMA Financial Adds Alabama’s Valent Group to the Team Read More »
Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit accusing landlords of driving up housing costs by using rent-setting algorithms offered by the software …
Greystar, Other Landlords Agree to $141M Settlement in Rent-Setting Lawsuit Read More »
Engle Martin & Associates, an independent claims management firm based in Atlanta, has acquired Integra Technical Services, an international adjusting firm headquartered in London. Integra, founded in 1998, manages claims in a number of industries, including construction, engineering, energy, manufacturing …
Engle Martin Acquires London-Based Integra Technical Services Claims Adjusters Read More »
