California wildfires could cost insurers $20B, highest in state’s history
An analysis by J.P. Morgan estimates that the insured losses from the Southern California wildfires could exceed $20 billion and push overall economic losses to $50 billion.
Disaster zone: The insurance industry crisis and real estate
Mounting losses and the growing threat of climate change spell urgency in what was once known as real estate’s boring corner ...
Wall Street bonuses to climb by 10% or more at biggest banks - report
Wall Street's biggest banks are set to reward their traders and dealmakers with their biggest bonus increase since the ...
Wall Street Bonuses to Jump by Double Digits at Biggest Banks
Atop Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest ...
Hosted on MSN37m
LA wildfire damage tops $50 billion
Early estimates have the wildfires that have swept the Los Angeles area costing well more than $50 billion, around $10 billion of which is expected to be insured according to JPMorgan. As homeowners ...
The Information48m
Deel Accused of Laundering, Sanctions Failures in Ponzi Scheme Lawsuit
Fast-growing human resources and payroll startup Deel has been dragged into a dispute involving a Florida Ponzi scheme, in the latest legal action connecting the firm to fraudulent or illegal movement ...