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Michigan Acquires Shipwreck Artifact in Unusual Settlement Agreement

by lpiccitto | Oct 30, 2025 | Uncategorized

The state of Michigan has acquired a life ring that washed ashore 50 years ago from the Edmund Fitzgerald, a rare artifact that strangely became part of a settlement in a lawsuit that had nothing to do with the famous …

WTW Reports Flat Q3 Revenue of $2.29 Billion, With Organic Growth of 5%

by lpiccitto | Oct 30, 2025 | Uncategorized

WTW reported third quarter revenue of $2.29 billion, flat with $2.29 billion for Q3 2024, which the broker attributed to the sale of its direct-to-consumer insurance distribution business, TRANZACT. WTW reported organic growth of 5% for the quarter, compared with...

GM to Cut EV, Battery Production and 1,200 jobs at Michigan Plant

by lpiccitto | Oct 30, 2025 | Uncategorized

General Motors GM.N said on Wednesday it will cut U.S. electric vehicle and battery production and 1,200 factory jobs at its EV plant in Detroit along with 550 jobs at an Ohio battery plant as the automaker responds to a …

Aviva Ventures Backs Indico Data’s Insurance Operations AI

by lpiccitto | Oct 29, 2025 | Uncategorized

Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part...

Verisk Misses Quarterly Revenue Estimates, Trims 2025 Revenue Forecast

by lpiccitto | Oct 29, 2025 | Uncategorized

Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The company’s shares fell as much...

Florida Jury Awards $20 Million in J&J Talcum Powder Mesothelioma Lawsuit

by lpiccitto | Oct 29, 2025 | Uncategorized

A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …
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