Employee Groups Stay Resilient as Companies Back Away From DEI December 16, 2025 By Maddie Parker and Alastair Marsh Despite the backlash against diversity, equity and inclusion policies in the US, employee groups built around shared identities or interests...
LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025 December 16, 2025 By L.S. Howard Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly...
McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry December 16, 2025 By Sridhar Natarajan and Ambereen Choudhury As McKinsey & Co. partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry....
FDA Sends Warning Letters to Walmart, Target for Selling Recalled Baby Formula December 16, 2025 The U.S. Food and Drug Administration has sent warning letters to four major retailers for continuing to sell baby formula...
Trump Orders SEC to Review Proxy Adviser Rules in ESG Rebuke December 16, 2025 By Loukia Gyftopoulou and Hadriana Lowenkron President Donald Trump issued an executive order seeking to limit the influence of proxy advisory firms, part of a push...
State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order December 15, 2025 By Chad Hemenway The National Council of Insurance Legislators have come out against President Donald Trump’s executive order last week, seen as a...
White House AI Czar Defends Trump Push to Rein In State Rules December 15, 2025 By Emily Birnbaum and Hadriana Lowenkron White House AI czar David Sacks defended President Donald Trump’s push to rein in state-level regulation of artificial intelligence over...
Warren Buffett’s Successor Greg Abel Had Steady Rise at Berkshire December 15, 2025 By Jonathan Stempel The elevation of Greg Abel to replace Warren Buffett at the helm of Berkshire Hathaway will cap the rise of...
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court December 15, 2025 By Andrew G. Simpson A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the...
Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft December 15, 2025 By Chad Hemenway A new broker is now suing Howden US and a pair of former employees for allegations of poaching and theft...