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Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Allstate posted significantly higher net and underwriting income for the fourth quarter and full year. With affordability top of mind, that leads to questions about excessive profits. Similar to Chubb’s earnings call, analysts asked Allstate CEO Tom Wilson to comment …
POSTED FEBRUARY 06, 2026 4:58 PM |
People Moves: NFP Appoints Spencer in Northeast; Lawley Promotes 3 Partners
NFP Appoints Spencer as SVP, Commercial Risk, Northeast NFP, an Aon company and property/casualty broker and benefits consultant headquartered in New York City, appointed Jack Spencer as senior vice president, commercial risk, in its Northeast region. Based in West Hartford, …
POSTED FEBRUARY 06, 2026 4:31 PM |
WTW Reports Q4 Organic Revenue Growth of 6%; Data Center Clients Boost Business
Insurance broker WTW reported fourth quarter revenue of $2.94 billion, a decrease of 3% compared to $3.04 billion for the same period in the prior year due to the sale of TRANZACT. Q4 2025 organic revenue growth was 6%, while …
POSTED FEBRUARY 06, 2026 4:08 PM |
Alabama, NC Public Safety Officers Investigated in ‘Chop Shop,’ Disability Fraud
Fraud investigations in two Southeastern states have led to the arrest or administrative leave for three public safety officers. In Alabama, two University of Alabama at Birmingham police officers have been placed on leave in connection with an investigation into …
POSTED FEBRUARY 06, 2026 4:07 PM |
Pipeline Explodes at Delfin LNG Planned Project in Louisiana
A natural gas pipeline connecting to the proposed Delfin LNG project located offshore in southwestern Louisiana exploded Tuesday, according to the local emergency preparedness office. The blast on the 28-mile pipeline occurred while operators were performing routine maintenance, said Ashley …
POSTED FEBRUARY 06, 2026 3:38 PM |
Starbucks Wins Dismissal of Missouri Lawsuit Over DEI Policies
A federal judge in Missouri on Thursday dismissed a lawsuit by the Republican-led state accusing Starbucks SBUX.O of using its commitment to diversity, equity and inclusion as a pretext to systematically discriminate based on race, gender and sexual orientation. U.S. …
POSTED FEBRUARY 06, 2026 3:31 PM |
Inside the Toxic Legacy of Georgia-Based Mulitbillion-Dollar Carpet Empire
Bob Shaw glared at the executives from the chemical giant 3M across the table from him. He held up a carpet sample and pointed at the logo for Scotchgard on the back. “That’s not a logo,” fumed Shaw, CEO of …
POSTED FEBRUARY 06, 2026 3:28 PM |
Ken Griffin, Steve Ross Team Up to Lure More CEOs to Florida
Ken Griffin and Stephen Ross, who are among the highest-profile billionaires to move to South Florida during the pandemic, are bankrolling a new campaign to get others to follow in their footsteps. The pair is funding a $10 million drive …
POSTED FEBRUARY 06, 2026 2:59 PM |
EPA Outlines Trump Plan to Speed up Rebuilding of Homes Destroyed in LA Wildfires
Trump administration officials traveled to Los Angeles this week to outline the president’s plan to override state and local rules and speed up the permitting process for reconstruction of tens of thousands of homes destroyed by last year’s wildfires. Last …
POSTED FEBRUARY 06, 2026 2:39 PM |
Man Charged in Organized Cargo Theft of Snow Crab, Blueberries, Cologne
A New York man has been arrested and charged for allegedly conspiring to use hacked email accounts of legitimate truck-load carriers to book cargo with shippers and selling the items for illicit profit. Forbes was arrested on Feb. 5 in …
POSTED FEBRUARY 06, 2026 2:17 PM |
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