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British Regulator Cracks Down on Home, Travel Insurers
Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers down. The Financial Conduct Authority …
POSTED DECEMBER 19, 2025 11:35 AM |
India’s Big-Bang Financial Reforms Target Foreign Money
India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% foreign ownership of …
POSTED DECEMBER 19, 2025 11:17 AM |
Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
POSTED DECEMBER 19, 2025 10:11 AM |
Tesla Door Safety Issues Have Owners Buying Car Escape Tools
Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.
POSTED DECEMBER 19, 2025 6:33 AM |
Odometer Fraud Sees 14% Jump in the Past Year
An estimated 2.45 million cars on the road likely have their odometers rolled back, 14 percent more than last year, according to vehicle history provider CARFAX. There was just a 4 percent increase between 2023 and 2024. “Odometer rollbacks occur …
POSTED DECEMBER 19, 2025 6:32 AM |
UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges
UPS stole tens of millions of dollars in pay from seasonal workers who help the shipping giant deliver packages during the busy holiday season, forcing some to clock in well after their shifts started and deducting pay for lunch breaks …
POSTED DECEMBER 19, 2025 6:12 AM |
Higginbotham Adds Energy Sector Specialty Firm in Georgia
Higginbotham, ranked as one of the top-20 largest independent insurance brokerages in the U.S., has continued its growth with the addition of Charter Energy, a specialty insurance brokerage in Atlanta. Charter was founded in 1986 by Pete Lunati and is …
POSTED DECEMBER 19, 2025 6:02 AM |
People Moves: Siry Joins Patriot Growth; Starkweather & Shepley Names Zito
Siry Joins Patriot Growth Insurance Services as COO Patriot Growth Insurance Services LLC, headquartered in Fort Washington, Pennsylvania, appointed Darryl Siry as chief operating officer (COO). Siry has over 25 years of experience leading technology, operations and growth initiatives across …
POSTED DECEMBER 19, 2025 6:00 AM |
X Corp. Sues Social Media Startup Over Bid to Claim ‘Twitter’ Brand
Elon Musk’s X Corp. sued a startup on Tuesday after it sought to cancel X’s Twitter trademarks so it can “bring Twitter back” as a new social media platform. X said in the lawsuit in Delaware federal court that its …
POSTED DECEMBER 19, 2025 6:00 AM |
Contractor Again Exposed Workers to Cave-In, Excavation Hazards: OSHA
The Occupational Safety and Health Administration reported that it has again cited an Easton, Connecticut concrete and earthwork contractor for willfully failing to protect workers from cave-in and excavation hazards OSHA has proposed more than $1.2 million in fines after …
POSTED DECEMBER 19, 2025 6:00 AM |
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