Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger than they are. In a decision on Monday, U.S. District Judge Roy Altman in Miami found it plausible …
Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. construction practice leader. Based in Atlanta, Georgia, Dunn will report to Michael Pellegrini, U.S. and Canada specialty leader, Marsh. Dunn has over 30 years …
Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time. The decline, according to a letter to shareholders, was due primarily to losses …
The first three months of 2025 were the slowest quarter for insurance agency mergers and acquisitions since the second quarter 2020, according to investment banking and financial consulting firm OPTIS Partners. The total number of insurance agency mergers and acquisitions …
TeleMessage, the message-archiving app that former National Security Adviser Michael Waltz appeared to be using in a photograph of him communicating with other Trump administration officials, is investigating whether hackers exploited its technology. A spokesperson for TeleMessage confirmed the inquiry …
Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s rate increases seem to have leveled off. For the most part, Wilson explained to analysts during a call to …
CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago. CNA’s property/casualty operations booked net income of $311 million, with underwriting income of $40 million for Q1 2025, compared to …
President Donald Trump recently ordered federal agencies not to enforce laws that prohibit policies and practices with discriminatory impacts that are often unintended. Curbing so-called “disparate impact” liability, which is common in employment-related cases, removes a critical tool the government …
A federal judge on said she will allow expert testimony that formula made by Abbott Laboratories and Reckitt Benckiser subsidiary Mead Johnson for premature babies can cause a fatal intestinal illness, as the companies face hundreds of lawsuits over the …
He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the conglomerate’s personal auto insurer, GEICO, is no longer lagging behind competitors in several key areas. “[I]n the last seven quarters, …
