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News from 2024


In today's work environment, employees demand the freedom to be productive from anywhere, using any device, and accessing any application. Homes, coffee shops and mobile phones have become seamless extensions of the corporate network. This unrestricted approach empowers users, but it also increases risk due to a lack of consistent security, control and visibility across devices. Security strategies must catch up, and Palo Alto Networks is once again leading that charge. Prisma SASE 3.0 isn't just an upgrade; it's a quantum leap for SASE (secure access service edge), designed...


U.S. property/casualty replacement costs are currently rising at a slower rate than overall inflation and this trend is expected to persist for the next two years, according to the Insurance Information Institute’s (Triple-I) latest Insurance Economics Outlook. Despite this slowdown in cost increases, it is unlikely to ease upward pressures on insurance premiums, particularly in light of deteriorating underwriting trends and multi-year replacement cost increases. However, it may provide some short-term relief for carriers before surpassing overall inflation again by 2026.

Samsung Electronics Named No.1 in Global OLED Monitor Market

WASHINGTON, D.C. (May 9, 2024)—In the past week, gas prices have seen a minor decrease, with the national average falling by three cents to $3.64 since last Thursday. This slight dip in prices is attributed to lukewarm domestic demand ahead of Memorial Day and oil costs remaining below $80 a barrel.

LFI Real Estate has announced the grand opening of their ninth Illinois Wild Fork food emporium, the latest location set in Vernon Hills.

"Marcus by Goldman Sachs Savings Ranked #1 in Overall Customer Satisfaction by J.D. Power"

At the RSA Conference in San Francisco, Samsung announced the next step in the evolution of its plan to re-imagine mobile device security for business customers in collaboration with IBM. Samsung will offer this solution, to be available later this year, which integrates on-device intelligence from Samsung Knox mobile device security platform into IBM Security® QRadar® Suite, a threat detection and response solution. The new integration is designed to provide security analysts and practitioners with added visibility via a “single pane of glass” experience into their...


The Insurance Information Institute (Triple-I) reports that Florida’s property insurance market is experiencing improvements, attributed to legislative reforms that address legal system abuse and fraud. The reforms, established in 2022 and 2023, have paved the way for stability in the market as the 2024 Atlantic hurricane season approaches.

State Farm secured four of the 10 most notable calculated premium changes by US private auto insurers in the first quarter, according to an S&P Global Market Intelligence analysis. Subsidiary State Farm Mutual Automobile Insurance Co. led the pack with a 24.9% rate increase in New York, resulting in a calculated premium change of approximately $679.8 million. This marked the most impactful rate hike of the period, affecting about 1.75 million policyholders.


LFI Real Estate has announced a new real estate development proposal, named "Gardens of Frankfort,” for an exclusively senior living community.

Samsung Electronics America has announced the expansion of its 2024 OLED TV lineup, introducing new series and size options for consumers. The latest additions include the S85D series and expanded sizes for the S90D series, catering to a variety of preferences and lifestyles."Samsung is the #1 global TV brand for 18 years running – and, the fastest growing OLED TV brand for a reason. Samsung OLED TVs deliver vivid colors and stunning contrast – plus, they are built with advanced 4K AI upscaling that instantly transforms what you’re watching with incredibly sharp...

In a year when more Americans will turn 65 in the United States than at any point in history, one-third of current retirees aged 60-65 are considering returning to work, with half citing the fear of running out of money as their top reason for doing so, according to a recent study from the Nationwide Retirement Institute®. This represents a significant retirement crisis, according to leaders participating in a panel discussion at the Milken Global Conference. The panel discussed how the financial industry can collaborate to address the challenges facing American retirees and...

Assicurazioni Generali SpA's proposal to acquire the entire shareholding of its Chinese property and casualty insurance business was the largest deal in the Asia-Pacific insurance market in the first quarter, based on transaction value, according to an analysis by S&P Global Market Intelligence. The Italian insurer agreed to acquire a 51% stake in Generali China Insurance Co. Ltd. from CNPC Capital for about 774 million yuan. This transaction will make Generali the first foreign player to obtain a controlling stake in a property and casualty insurer from a single state-owned...

NEW YORK, May 7, 2024 — The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Rob Kaplan will rejoin the firm as Vice Chairman of Goldman Sachs and a member of the Management Committee. He will be a member of the Executive Office and will be based in Dallas.In this role, Rob will engage our clients around the world, working closely with our teams across Global Banking & Markets and Asset & Wealth Management to offer strategic advice. Rob will also draw on his experience in the public and private sectors to offer perspectives to our clients and other stakeholders...

Global investment firm Carlyle (NASDAQ: CG) has invested $180 million in Zippy Shell, providing transitional capital to the US moving and storage company. The investment, in the form of preferred equity, aims to refinance existing debt and fund strategic growth initiatives, including network and fleet expansion and real estate acquisitions. This move is supported by a new first lien debt facility led by JP Morgan.

Progressive Insurance® and Hello Alice have teamed up to launch a new grant program aimed at supporting small business owners across the United States. The Driving Small Business Forward grant program will award 20 recipients with a $50,000 grant each to be used towards the purchase of a commercial vehicle for their business.Karen Bailo, Commercial Lines President at Progressive Insurance, expressed the company's commitment to empowering small business owners through this initiative, stating, "As a purpose-led company, Progressive is committed to empowering small business...

Morgan Stanley Private Credit (“MSPC”) and Prudential Private Capital have jointly led a growth capital investment into Guardian Dentistry Partners (“GDP”), a dental partnership network that aims to provide support services and growth opportunities for its dentist partners. Ashwin Krishnan, Managing Director and Co-Head of North America Private Credit at Morgan Stanley Private Credit, stated, “Working with ownership and management, we were able to deliver a structured solution combining both debt and equity securities, helping Guardian achieve its near-term financial and...