National News

Moody’s to Acquire Geospatial AI Firm CAPE Analytics

Moody’s Corp. has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties. Moody’s said the deal will create a property database capable of delivering instant, address-specific risk insights as it brings together Moody’s Intelligent …

Pfizer Must Face Lawsuit Over Diversity Fellowship Program, Appeals Court Rules

A U.S. appeals court on Friday revived a lawsuit by a conservative group opposed to diversity initiatives in medicine that challenged a Pfizer fellowship program designed to boost the pipeline of Black, Latino and Native American people in leadership positions …

US Sues Airbnb After Host Rejected Rental to Mother With Children

The U.S. government sued Airbnb on Friday, alleging housing discrimination after a host refused to rent an apartment to a mother with three school-age children. In a complaint filed in San Francisco federal court, the Department of Justice said the …

Bodies In Landing Gear. Stowaways. Open Doors. What’s Up With Aviation Security?

What is going on with aviation security? People have been found dead hiding in the wheel wells of planes twice in the past month. Two stowaways were arrested on different flights in November and December. Then a passenger opened an …

American Airlines’ ESG-Based Investing for 401(k) Plan Is Illegal, US Judge Rules

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors. The ruling by U.S. District Judge Reed O’Connor appeared to be …

People Moves: AM Best Names Johnson Chief Ratings Officer, Holzberger Chief Operating Officer

AM Best, headquartered in Oldwick, New Jersey, appointed Kenneth J. Johnson as senior managing director and chief ratings officer. Stefan Holzberger moved into the role of executive vice president and chief operating officer at AM Best Rating Services. Johnson has …

California Wildfires Wrapup: Aerial Assault Aims to Stem LA Palisades Fire Spread

LOS ANGELES, Jan 11 (Reuters) – Aircraft dropped water and fire retardant on steep hills to stem the eastward spread of the Palisades wildfire in Los Angeles on Saturday as on-the-ground firefighting intensified amid warnings of wind gusts of up …

Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable

Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses in the affected communities. However, those losses are likely to be manageable for both insurers and their reinsurers, with preliminary …

BlackRock Leaves Major Climate Group Amid Wall Street Exodus

BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for its efforts on global warming. The money manager has decided to leave the Net Zero Asset Managers initiative it said …

Warner Pacific Completes Acquisition of 5 Acrisure General Agencies

General agency Warner Pacific said it has acquired five general agencies from broker and fintech specialist, Acrisure, effective Dec. 1 2024. Financial terms were not disclosed. Westlake Village, California-based Warner Pacific’s Jan. 7 announcement said it will provide general agency …

National News Archives by Month