Marsh McLennan Reports Organic Growth of 7% During Q4 and Full-Year 2024 January 30, 2025 By L.S. Howard Marsh McLennan reported fourth quarter net income of $788 million, compared with $756 billion during Q4 2023. For the full-year...
OSHA Fines GE Appliance Maker Max Amount in Death of Alabama Worker January 30, 2025 Safety regulators fined a GE appliance manufacturer the maximum amount allowed by law in the 2024 death of an Alabama...
American Airlines DC Aircraft Collision Leaves No Survivors January 30, 2025 By Allyson Versprille and Mary Schlangenstein An American Airlines Group Inc. regional jet collided with a military helicopter near Washington on Jan. 29 leaving no survivors,...
Fortress Targets $1 Billion for Latest Litigation Finance Fund January 30, 2025 By Esteban Duarte and Carmen Arroyo Fortress Investment Group is seeking to raise about $1 billion for its latest fund in litigation finance, a sector in...
Exposed Utility Wires May Have Contributed To LA’s Eaton Fire, Law Firm Says January 30, 2025 By Laila Kearney A law firm representing victims of the Eaton Fire in Los Angeles has submitted photos with a legal filing on...
Net Income at Selective Insurance Drops on Unfavorable Casualty Reserve Development January 30, 2025 By Chad Hemenway Selective Insurance Group reported a 24% drop in fourth quarter 2024 net income as its chief executive admitted the year...
Alphabet’s Waymo to Test Autonomous Driving Technology in New Cities January 30, 2025 Alphabet’s self-driving unit Waymo announced on Wednesday it plans to expand testing of its autonomous driving technology in over 10...
How Competitive Is E&S Property? Exec Views Vary January 30, 2025 By Susanne Sclafane E&S property insurance market conditions were a recurring talking point on two recent earnings conference calls, but the leaders of...
Generali to Pay Out Over €7 Billion in Dividends by 2027 January 30, 2025 By Sonia Sirletti Assicurazioni Generali SpA plans to return more than €7 billion ($7.3 billion) in dividends and buy back at least €1.5...
EU Says Drive to Simplify Will Not Weaken Climate Agenda January 30, 2025 By Kate Abnett The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von...