Fake WeWork Takeover Bid by Strip Mall Investor Gets Him Five Years in Prison March 19, 2025 By Chris Dolmetsch, Bloomberg A former strip mall mogul was sentenced to five years in prison for orchestrating a fake WeWork Inc. takeover bid...
Uber Proposes Cutting NYC Driver Minimum Pay on Lower Gas Prices November 5, 2024 By Natalie Lung Uber Technologies Inc. is proposing a cut to New York City drivers’ base pay rate, among other recommendations, as it...
Manufacturers Hit by Soaring Property Insurance Costs August 13, 2024 By Timothy Aeppel James Kirsh expects the cost of the property and casualty insurance for his family-owned foundry in Wisconsin that makes cast...
Applied Systems Acquires Insurance AI Platform Planck July 24, 2024 Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance...
P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast July 16, 2024 Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a...
Atlanta Businesses Hit by Water Problems Eligible for $7.5M in Assistance June 19, 2024 The Atlanta City Council voted to provide up to $7.5 million for small businesses that were affected by water outages...
Markets/Coverages: SURE Brings Commercial Coverage to South Carolina November 8, 2023 SureChoice Underwriters Reciprocal Exchange (SURE), a policyholder-owned coastal insurer, in partnership with SageSure, a large managing general underwriters focused on...
Businesses Unprepared for Cyberattacks Despite Steady Concern September 27, 2023 Cyber risks remain a top concern for business leaders, according to the annual Travelers Risk Index. The top concerns among...
NC Bars’ Lawsuit Seeking Damages from State Over COVID Closures Can Continue September 8, 2023 RALEIGH. N.C. (AP) — Portions of a lawsuit filed by several North Carolina bars and their operators seeking financial damages...
Small Businesses Give Record-High Ratings to Commercial Insurers: JD Power August 23, 2023 Small businesses across the U.S. are increasingly satisfied with the products and services they receive from their commercial insurance providers....