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Banking & Financial Services
Fortitude Re enters $4B annuity reinsurance agreement with Taiyo Life
FGH Parent, L.P., known as Fortitude Re, has finalized a $4 billion reinsurance agreement with Taiyo Life Insurance Company.

By Business Daily | Mar 21, 2025

Banking & Financial Services
Americans increasingly concerned about identity theft during tax season
As tax season commences, Allstate Identity Protection has released a survey highlighting Americans' increasing concerns about identity theft.

By Business Daily | Mar 20, 2025

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Banking & Financial Services
Allstate reports February catastrophe losses totaling $92 million

By Business Daily | Mar 20, 2025

The Allstate Corporation, a major player in the insurance industry, has released its estimated catastrophe losses for February 2025.
Banking & Financial Services
Gas prices increase as refineries switch to summer blend

By A. A. Sanchez | Mar 20, 2025

After weeks of relative stability, the national average price for a gallon of gas has increased by approximately 4 cents, now reaching $3.12.
Banking & Financial Services
Morgan Stanley invests $125 million in FreshBooks for debt refinancing

By Business Daily | Mar 20, 2025

Morgan Stanley Investment Management has provided $125 million in senior debt financing to FreshBooks, a prominent provider of cloud-based accounting software for small businesses.
Banking & Financial Services
SoftBank acquires silicon design firm Ampere Computing for $6.5 billion

By Business Daily | Mar 19, 2025

SoftBank Group Corp. has announced its acquisition of Ampere Computing, a prominent silicon design company, in an all-cash deal valued at $6.5 billion.
Banking & Financial Services
Morgan Stanley raises $4.1 billion for new global infrastructure fund

By Business Daily | Mar 14, 2025

Morgan Stanley Infrastructure Partners (MSIP), a division of Morgan Stanley Investment Management (MSIM), has successfully raised $4.1 billion for its North Haven Infrastructure Partners IV (NHIP IV) fund.
Banking & Financial Services
Gas prices drop despite increased demand during spring break

By A. A. Sanchez | Mar 13, 2025

Despite a rise in travel due to spring break, gas prices have seen a decline this week.
Banking & Financial Services
AAA studies explore perceptions on cannabis-impaired driving

By A. A. Sanchez | Mar 12, 2025

Cannabis is now the third most commonly used substance in the United States, following nicotine and alcohol.
Banking & Financial Services
Allstate and NACDA announce inaugural Good Works Team for winter sports

By Business Daily | Mar 12, 2025

Allstate and the National Association of Collegiate Directors of Athletics (NACDA) have announced the first-ever Allstate NACDA Good Works Team for winter sports.
Banking & Financial Services
Allstate appoints Andréa Carter as chief human resources officer

By Business Daily | Mar 11, 2025

The Allstate Corporation has announced the appointment of Andréa Carter as Executive Vice President and Chief Human Resources Officer, effective May 12.
Banking & Financial Services
Gas prices decrease as oil costs drop

By A. A. Sanchez | Mar 6, 2025

Gas prices have decreased slightly, with the national average for a gallon dropping by one cent to $3.11.
Banking & Financial Services
E*TRADE releases monthly sector rotation study analyzing S&P 500 stock behaviors

By Business Daily | Mar 4, 2025

E*TRADE from Morgan Stanley has published its monthly sector rotation study, which analyzes customer behavior regarding buying and selling stocks within the S&P 500 sectors.
Banking & Financial Services
Florida's P/C insurance market stabilizes amid legislative reforms

By Business Daily | Mar 4, 2025

Florida's property and casualty insurance market is experiencing stabilization following legislative reforms aimed at curbing legal system abuse and claim fraud, according to a recent Issues Brief by the Insurance Information Institute (Triple-I),...
Banking & Financial Services
Morgan Stanley executives to speak at European financials conference

By Business Daily | Mar 3, 2025

Dan Simkowitz, Co-President of Morgan Stanley, is scheduled to speak at the Annual Morgan Stanley European Financials Conference.
Banking & Financial Services
Graystone Consulting named best investment consultant by Coalition Greenwich

By Business Daily | Mar 3, 2025

Graystone Consulting, a division of Morgan Stanley, has been recognized by Crisil Coalition Greenwich as one of the top three firms in the category of Best Investment Consultant, Service & Investment Counseling for large investment consultants...
Banking & Financial Services
Carlyle and Arcmont finance €470 million package for Italy's Bianalisi

By Business Daily | Feb 28, 2025

Carlyle's Global Credit platform and Arcmont Asset Management have announced a €470 million financing package for Bianalisi, an Italian healthcare diagnostics company.
Banking & Financial Services
Gas prices decrease as winter ends

By A. I. Benavidez | Feb 27, 2025

With the arrival of warmer weather, gas prices have seen a slight decrease.
Banking & Financial Services
Survey shows mixed feelings towards self-driving vehicles

By A. A. Sanchez | Feb 25, 2025

According to a recent survey by AAA, the trust in self-driving vehicles among U.S. drivers has seen a slight increase, with 13% of drivers now expressing willingness to ride in such vehicles compared to 9% last year.
Banking & Financial Services
Aman New York earns coveted AAA Five Diamond designation

By A. A. Sanchez | Feb 24, 2025

Aman New York in Midtown Manhattan has been awarded the prestigious AAA Five Diamond designation.

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