LinkedIn Lawsuit Over Use of Customer Data for AI Models Is Dismissed February 3, 2025 By Jonathan Stempel A proposed class action accusing Microsoft’s LinkedIn of violating the privacy of millions of Premium customers by disclosing their private...
The Hartford Sees Q4 Net Income Rise 11%, Strengthens GL Reserves February 3, 2025 Net income at The Hartford increased 11% to $848 million in the fourth quarter 2024, driven by premium growth in...
Property-Catastrophe Reinsurance Rates Will Stop Dropping Post Wildfires: Execs February 3, 2025 By Susanne Sclafane RenaissanceRe expects to incur about $750 million in losses from the January 2025 California wildfires—and anticipates that industrywide impacts should...
SEC’s Republican-Led Commission Tightens Oversight of Probes, Sources Say February 3, 2025 By Chris Prentice Lawyers at the U.S. Securities Exchange Commission (SEC) have been told they need to seek permission from the politically appointed...
North American Companies Brace for Fallout From Tariffs February 3, 2025 By Siddharth Cavale For North American companies, the “wait and see” moment on tariffs is over. U.S. President Donald Trump imposed a 25%...
Trump Fires Biden’s Consumer Protection Watchdog Rohit Chopra February 3, 2025 By Paige Smith and Katanga Johnson Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration,...
Willis Takes Donnelly From Marsh to Head North America Risk & Broking January 31, 2025 Willis said it has hired veteran leader Pat Donnelly as head of risk & broking (R&B) in North America. Donnelly...
Aon Reports Organic Growth of 6% for 4th Quarter and Full-Year 2024 January 31, 2025 By L.S. Howard Aon reported net income attributable to shareholders of $716 million during the fourth quarter, a 44% increase from the $498...
Howden Said in Talks to Buy Insurance Broker Risk Strategies January 31, 2025 By Gillian Tan and Leonard Kehnscherper Howden, one of the world’s largest closely held insurance brokers, is in talks to acquire Risk Strategies, according to people...
DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days January 31, 2025 By Julie Haoning Zhu and Debby Wu Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by...