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State insurance commissioner says companies are delaying policies, denying discounts
Responding to consumer complaints about auto insurance coverage, the state insurance commissioner said Thursday that insurers could face penalties for creating unlawful barriers for California drivers. Ricardo Lara issued a bulletin to auto insurers, reminding them that they cannot change their policies’ terms and rates without formally filing for state review and approval. The bulletin…
‘Real Housewives’ broker lawsuit settled with donation to pro-Israel charity
Celebrity real estate agent Mauricio Umansky will not face a civil trial for allegedly violating his duties as a broker in the sale of a prominent Malibu hilltop mansion that he flipped for nearly $70 million. Real estate investor Sam Hakim and his agent dropped their consolidated Superior Court lawsuits this month against Umansky, his…
China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit
Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors. A top executive of the beleaguered property company’s electric-vehicle business has been detained as part of a criminal investigation, adding to Evergrande’s mounting problems. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Auto Workers Strike Just Hit Ford Where It Hurts
The United Auto Workers union announced Wednesday that its nearly four-week strike against the “Big Three” automakers was expanding to Ford’s truck plant in Kentucky. Roughly 8,700 union members work at the Louisville facility producing the company’s Super Duty trucks as well as the Ford Expedition and Lincoln Navigator SUVs. The walkout Wednesday marks the…
Green shipping corridors gaining momentum
Next door, from its headquarters in a skyscraper that vaguely resembles a lighthouse, the Port of Rotterdam Authority is keen to shine a light on the future of shipping rather than look back on its past. More specifically, it is focusing its spotlight on how the sector can continue efforts to reduce it emissions.
JetBlue will have new CEO as it awaits ruling on merger with Spirit
Comment on this storyComment Add to your saved stories Save JetBlue CEO Robin Hayes will step down after nine years in the role, the company announced Monday, to be succeeded by current president and chief operating officer Joanna Geraghty — making her the only current female executive of a major U.S. airline. The reshuffle comes…

