News from May 2024
By A. A. Sanchez | May 23, 2024
Nevada voters will get to decide whether to cap contingency fees on all civil lawsuits at 20%, after a judge dismissed an attempt by the state’s trial lawyers to keep the proposal off the ballot.
By Business Daily | May 22, 2024
Jaclyn Cooper, the Clinical Director of Babylon Dental Care, stated in an interview with Business Daily on May 2 that they "prioritize the patient's experience from their very first visit". The practice offers a wide array of services, reflecting its commitment to patient care.
By D. L. Deener | May 21, 2024
The Nevada Division of Insurance (NVDOI) announced a new online tool to allow residents to search for available home insurance plans based on their zip code.
By Business Daily | May 21, 2024
Ted Pick, Chief Executive Officer of Morgan Stanley, will speak at the Morgan Stanley Annual U.S. Financials, Payments & Commercial Real Estate Conference on June 10, 2024, at 12:00 p.m. (ET).
By Business Daily | May 21, 2024
Tokyo, Japan – May 21, 2024 – Global investment firm Carlyle (NASDAQ: CG) announced the final close of its fifth Japanese buyout fund, Carlyle Japan Partners V (“CJP V”). The fund raised JPY 430 billion (approximately USD 2.8 billion), inclusive of commitments from the General Partner and its affiliates, hitting the hard cap on Limited Partner commitments. According to data from Preqin, this marks the largest fundraise for a buyout strategy focused on the Japanese market.
By J. N. Schierl | May 21, 2024
Welcoming a new puppy or kitten into your home is a significant event and an opportunity to provide your new pet with a healthy start. Whether you are an experienced pet owner or this is your first pet, having support can be beneficial. To assist in this endeavor, Nationwide® has created the Pet HealthZone®, a free online resource designed to help you care for your new pet. Here is how it can support you in addressing your new pet’s needs.
By Business Daily | May 21, 2024
Sydney, Australia, May 22, 2024 – Global investment firm Carlyle (NASDAQ: CG) and Australian private credit manager amicaa have announced a NZ$140 million debt financing package for New Zealand fuel retailer NPD. The funding will support a management buyout of the family-owned business.
By Business Daily | May 21, 2024
Morgan Stanley Wealth Management announced the season two launches of its award-winning podcasts, "What Should I Do With My Money?" and "Invested at Work."
By Business Daily | May 21, 2024
Corporates worldwide see sustainability primarily as a value creation opportunity, according to a new “Sustainable Signals” report by the Morgan Stanley Institute for Sustainable Investing. The survey polled over 300 private and public companies across North America, Europe, and APAC to understand how sustainability factors into their businesses and where their organizations see the greatest opportunities and challenges.
By Business Daily | May 20, 2024
The Insurance Information Institute (Triple-I) and the National Insurance Crime Bureau (NICB) have partnered to combat contractor fraud, a growing issue that has stalled or completely halted the rebuilding process for many homeowners after a disaster. Sean Kevelighan, CEO of Triple-I, emphasized the importance of educating homeowners about common signs of fraud and offering guidance on hiring reputable contractors.
By A. I. Benavidez | May 20, 2024
After more than three decades in the technology sector, I have come to appreciate that innovation can originate from the most unexpected places. Despite this open-minded approach, I never anticipated that a lacrosse field would serve as a source of business wisdom, particularly since I was not an active participant.
By Business Daily | May 17, 2024
Flying Food Group (FFG) announced the opening of an onsite clinic at the John F. Kennedy International Airport in the wake of the success of their onsite clinic in Chicago in partnership with Rush Medical.
By Business Daily | May 17, 2024
Greg Caesar, Partner and Senior Director of Business Development for Medfluence Advisors, has been inducted into the Forbes Business Council. His membership was granted following a thorough assessment by the platform's review committee.
By Business Daily | May 16, 2024
Babylon Dental Care, a Long Island dental practice with two locations in West Babylon and Patchogue, held a day long event of learning and team building for their practice.
By A. I. Benavidez | May 16, 2024
The latest Consumer Price Index summary found that the cost of motor vehicle insurance rose 22.6% over the last year, according to the Bureau of Labor Statistics, while the overall rate of inflation for the last year was 3.4%.
By Business Daily | May 16, 2024
Google CEO Sundar Pichai delivered a comprehensive overview of the company's progress and future plans at the Google I/O 2024 event. The central theme of his address was the evolution of artificial intelligence (AI) and its increasing integration into Google's products and services.
By A. I. Benavidez | May 16, 2024
The Allstate Corporation (NYSE: ALL) has disclosed its estimated catastrophe losses for April 2024, amounting to $494 million before tax and $390 million after tax. The losses are said to encompass 11 events, estimated at $491 million, with roughly 80% of the losses attributed to four wind, hail or tornadic events.
By A. I. Benavidez | May 16, 2024
State Farm® has become the first property and casualty insurance company globally to achieve TRUE certifications for two of its facilities. This milestone underscores the company's dedication to operational efficiency, resource responsibility, and environmental sustainability.
By M. N. Tirado | May 16, 2024
The Allstate Corporation, a leading publicly held personal lines insurer in the United States, has announced that its Chair, President and Chief Executive Officer, Tom Wilson, will be presenting at the William Blair Growth Stock Conference. The conference is scheduled for 8:00 a.m. Central on Wednesday, June 5.
By Business Daily | May 16, 2024
Morgan Stanley Baltimore recently celebrated the second annual graduation of its STEM Robotics Program. The event was held at Morgan Stanley’s Thames Street Wharf office in Harbor Point, where middle school students from The Crossroads School showcased the robots they had constructed during the 12-week program, under the guidance of Morgan Stanley employees.