Agency M&A Down 24% in 2023 but More Large Deals May Be Seen in 2024: OPTIS January 30, 2024 By Chad Hemenway There has been a somewhat return to normal when it comes to insurance-agency mergers and acquisitions, with traditionally active buyers...
NCCI: Wage Growth Likely to Continue Workers Comp Payroll Growth January 30, 2024 By Allen Laman Despite a “significant slowdown” in job growth in 2023, a new National Council on Compensation Insurance briefing shared that “wage...
Philips’ US Sales of Sleep Apnea Devices Face Years-Long Halt After FDA Deal January 30, 2024 By Bart H. Meijer Dutch health technology company Philips will not sell new devices to treat sleep apnea in the U.S. in the coming...
Trader Joe’s Follows SpaceX in Arguing US Labor Board Is Unconstitutional January 30, 2024 By Josh Eidelson Grocery chain Trader Joe’s is joining Elon Musk’s SpaceX in arguing that the US labor board, which is prosecuting cases...
Reforms to US Disaster Aid Expose Growing Home Insurance Gap January 29, 2024 By Leslie Kaufman When disaster hits in the US, the federal government gives aid to states and counties, but also to individuals. In...
Last Chance: Take This Year’s Agency Salary Survey January 29, 2024 It’s the final two days to take this year’s Agency Salary Survey. ALL retail agency owners, principals, producers, CSRs —...
White House AI Council Meets as Legislative Action Stalls January 29, 2024 By David Shepardson The White House artificial intelligence council is meeting Monday, three months after President Joe Biden signed an executive order that...
Markets/Coverages: New WTW Cyber Solution for SMEs With Revenue Under $50M January 29, 2024 Broker WTW said it has launched a cyber solution specifically for business with annual revenue under $50 million, including startups...
North Korean-Linked Hackers Are Targeting Crypto Platforms More But Stealing Less January 29, 2024 By Sana Pashankar The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount...
HP Enterprise Discloses Hack by Suspected State-Backed Russian Hackers January 29, 2024 By Frank Bajak Hewlett Packard Enterprise disclosed Wednesday that suspected state-backed Russian hackers broke into its cloud-based email system and stole data from...