The United Nations climate change negotiations taking place in the Amazon this month are likely to be difficult. Regardless of… Related Stories AI is ready to eat insurance operations
An industry punching below its weight? Read More »
For the 2025 fiscal year, the Connecticut Insurance Department (CID) collected more than $95 million in revenue that has boosted the state’s general fund. The revenue included approximately $2.2 million from insurance industry fines and penalties, $44 million from various fees, and $49 million from surplus lines tax payments. The CID said it also helped
Connecticut Collects $95M in Insurance Industry Fees, Fines and Taxes Read More »
(Bloomberg) — Sofia Massie left her job at Jane Street in January with one thing: an idea for an ETF that would mirror the US stock market but quietly hold onto dividends, wringing out a tax advantage many investors never see. She didn’t have a team. Or a brand. Or the institutional heft that usually
ETF Industry Disrupted as New Players Enter Arena Read More »
Welcome to Kiplinger’s My First $1 Million series, in which we hear from people who have made $1 million. They’re sharing how they did it and what they’re doing with it. This time, we hear from a 73-year-old married retiree based in South Carolina. He has three children, nine grandchildren and only just recently retired
My First $1 Million: Retiree From Sales Industry, 73 Read More »
The long-term potential of these two companies may be underappreciated. Advances in artificial intelligence (AI) have the power to create huge opportunities for some businesses, while completely disrupting others. A company that can’t adapt to the changing environment stands to fall behind or see its products or services made obsolete by tech-driven alternatives. Leopold Aschenbrenner,
When news broke last Wednesday afternoon of a last-minute push to pass new, stricter regulations for consumable hemp products, the employees at Austin Vape & Smoke sprung into action. Zaquiri Hensen, a manager at the South Austin store, said he alerted his staff and other stores around the city before beginning to contact his legislators,
Texas Hemp Industry Breathes Sigh of Relief as Legislators Avoid Ban Read More »
If you’re planning to set sail to Hawaii on a cruise next year, your room and board fees could be higher thanks to a new tourism tax. Hawaii is slated to impose a so-called “green fee” tax next year, which will impact the nightly lodging charges for hotels and vacation rentals. The fee, designed to
New Hawaii Climate Tourism Tax Sparks Cruise Industry Lawsuit Read More »
WealthManagement.com honored the wealth management industry’s most innovative companies and individuals last night at the 11th annual Wealth Management Industry Awards ceremony during a black-tie gala held at Cipriani 42nd Street in New York City. Now in its 11th year, the Wealth Management Industry Awards, known as “The Wealthies,” recognize outstanding achievements by companies, organizations
WealthManagement.com Celebrates 2025 Industry Awards Read More »
When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs span a range of genres, from indie-pop to electro-soul to country-rap. There’s just one crucial
Success of AI Music Creators Sparks Debate on Future of Music Industry Read More »
“We must maintain underwriting discipline.” This phrase is arguably the most repeated mantra in the reinsurance industry over the past two years, and you will struggle to find anyone in the market who would disagree with that idea. The reality, however, is that despite best intentions, reinsurance carriers often end up back in the same
Why Reinsurance Industry Often Struggles to Manage Market Cycles Read More »