Progressive Q3 Earnings Skyrocket as Combined Ratio Gets Closer to Goal October 16, 2023 By Chad Hemenway Progressive Corp. posted significant improvement in third quarter earnings late last week – with net income of $1.12 billion compared...
Rite Aid Files for Bankruptcy Amid Rising Debt, Opioid Litigation October 16, 2023 By Abinaya V Debt-laden Rite Aid filed for bankruptcy protection on Sunday and said it would close underperforming stores, as the drugstore chain...
500K Vehicles Stolen in H1 2023; Dodge Chargers Top List October 16, 2023 Vehicle thefts continue to plague the nation, according to a new report released by the National Insurance Crime Bureau (NICB)....
Musk’s X Illegally Fired Worker Challenging Office Return; NLRB October 16, 2023 Elon Musk’s X illegally fired an employee in retaliation for her internet posts challenging its return-to-office policy, the U.S. labor...
Ford Recalls Over 238,000 Explorers to Replace Axle Bolts October 16, 2023 Ford is recalling more than 238,000 Explorers in the U.S. because a rear axle bolt can fail, potentially causing a...
Boardroom Clashes Most Likely Over Return-to-Office Policies October 13, 2023 By Matthew Boyle Nearly three out of four organizations said return-to-office policies could prompt boardroom battles, according to a new survey of US...
Mercenary Hackers Stole Data Exxon Cited in Climate Lawsuits: US Prosecutors October 13, 2023 By Raphael Satter and Christopher Bing U.S. prosecutors say an Israeli private investigator used hackers to steal emails from climate activists who were campaigning against American...
American Family Insurance Confirms Staff Reductions October 13, 2023 By Chad Hemenway American Family has confirmed recent reports of layoffs, saying that it is “working to increase efficiency and manage costs” across...
Insurers Prioritizing Profit Over Growth: Exec Survey October 13, 2023 Nearly half of 400 insurance executives responding to a recent survey said their current priorities center on improving profitability rather...
Flooded Clinics, Embryo Mix-ups: The Risk Management of In Vitro Fertilization October 13, 2023 By Jackie Davalos (Bloomberg) — In March, a 39-year-old woman and her husband sat in a fertility clinic near Atlanta, and waited. The...