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- Specialty and Media MGA Nirvana to Acquire MGA Pulse
Managing general agent Nirvana announced it is acquiring Pulse, an MGA specializing in non-standard accident, health and life, and sports & leisure insurances. Financial terms of the deal were not disclosed. Nirvana underwrites a global book of business across media … ...[TheTopNews] Read More.8 hours ago - Deadly Storms Bring Flooding and Destruction to Southeast, MidwestDeadly storms and flooding rains left a path of destruction across 14 states in the US South and Midwest, knocking out power to more than 400,000 customers. Record rain fell in Memphis and eastern Missouri overnight and more is expected … ...[TheTopNews] Read More.8 hours ago
- Ford recalls more than 100,000 SUVs
The recall involves a seatbelt issue on Expedition and Lincoln Navigator vehicles By Mark Huffman of ConsumerAffairs April 3, 2025 Ford is recalling 105,322 2018-2020 Expedition and Lincoln Navigator vehicles. The seat belt pretensioner in the driver and/or front passenger seat may inadvertently lock the seat belt, which will not allow the belt to retract or extend. Seat belts that do not retract or extend can fail to restrain an occupant as intended, increasing the risk of injury in a crash. What to do Dealers will inspect the seat belt retractor date codes and replace the seat belt retractors as necessary, free of charge. Owner notification letters are expected to be mailed April 14, 2025. Owners may contact Ford customer service at 1-866-436-7332. Ford's number for this recall is 25S31. Some vehicles in this recall were previously repaired incorrectly under recall 24V-099 and will need to have this new… ...[TheTopNews] Read More.8 hours ago - North Carolina Appeals Court Won’t Budge on Intrepid Insurance Name Mix-upWhat’s in a name? Enough confusion to sink a subrogation lawsuit and appeal brought by the insurer for a burned-up Hardee’s restaurant, the North Carolina Court of Appeals said Wednesday. “…The trial court properly determined that Intrepid Agency lacked standing … ...[TheTopNews] Read More.8 hours ago
- Americans spend nearly a third of their income on ‘essentials,’ study findsAfter years of inflation the average family has little money for extras By Mark Huffman of ConsumerAffairs April 3, 2025 In the face of persistent economic uncertainty, a new report from doxo reveals just how much of the American household budget is consumed by essential bills. The 2025 U.S. Household Bill Pay Report estimates that the typical U.S. household spends $24,695 per year or 31% of its income on core living expenses, highlighting the financial strain many families face as basic costs continue to rise. According to doxos analysis, The Bill Pay Economy of 2025 represents a staggering $4.55 trillion in annual consumer spending, with $3.45 trillion directed toward thirteen of the most essential household bills, such as mortgages, rent, insurance, utilities, and auto loans. This is a critical lens on American financial health, said Liz Powell, senior director of INSIGHTS at doxo, in a press release accompanying the… ...[TheTopNews] Read More.9 hours ago
- Trump’s tariffs have set off a wave of selling on Wall StreetInvestors are expressing fear of an escalating trade war By Mark Huffman of ConsumerAffairs April 3, 2025 Even though everyone knew what was coming, Wall Street is reacting with alarm to what transpired Wednesday in the White House Rose Garden. When President Trump announced sweeping tariffs on just about all imported goods, investors began selling, fearing an all-out trade war. Thursday morning, Dow futures plunged more than 1,000 points, or 2.5%. In particular, American companies that produce their products in other countries and will face steep tariffs have fallen the hardest, including: Nike -9% Apple -7% Tesla -4.1% Nvidia -3.5% Retailers that heavily depend on imported goods for their inventory are also selling off, including Dollar Tree, Five Below and Gap. Higher than expected Trump announced a 10% tariff on all imports, with much higher rates… ...[TheTopNews] Read More.10 hours ago
- No drinks with sweeteners for younger children, say UK advisors
Drinks such as sugar-free squash are off the menu for young children, say health advisors. ...[TheTopNews] Read More.12 hours ago
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