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Why Are Companies Sitting on Cash Right Now?

Why Are Companies Sitting on Cash Right Now?

Research shows it’s an increasingly important form of insurance, particularly for small or vulnerable firms. February 05, 2024 ATU Images/Getty Images Post Post Share Annotate Save Print Many companies sit on piles of cash, even when rates of return suggest they shouldn’t. Why? Researchers have pointed to multiple reasons, including flexibility for M&A and tax

Soaring insurance rates are making it more expensive than ever to own a car, and the entire auto industry is feeling the pain

Soaring insurance rates are making it more expensive than ever to own a car, and the entire auto industry is feeling the pain

American car owners are battling the biggest surge in auto insurance rates in 50 years, new research shows—and it’s forcing some car makers to cut prices in order to stay competitive. A new report from S&P Global Market Intelligence found that all 10 of the largest private auto insurers increased their rates by double digits

Mary Lou Retton’s Explanation of Health Insurance Takes Some Somersaults

Mary Lou Retton’s Explanation of Health Insurance Takes Some Somersaults

Mary Lou Retton visits SiriusXM’s studio on Aug. 9, 2016, in New York City. (Ben Gabbe/Getty Images) Former Olympic gymnast Mary Lou Retton spoke out last week on the NBC “Today” show about what she said was a rare pneumonia that almost killed her and resulted in an expensive, monthlong hospital stay. It was a

Mary Lou Retton explains why she couldn’t afford health insurance during pneumonia scare

Mary Lou Retton explains why she couldn’t afford health insurance during pneumonia scare

Mary Lou Retton spent Christmas at home. That meant the world to the 55-year-old U.S. gymnastics legend, who is still recovering from a rare form of pneumonia that kept her hospitalized in intensive care for several weeks in the fall. “I’m not great yet. I know it’s going to be a really long road,” Retton

Illinois court asked: Are defects covered by general liability insurance?

Illinois court asked: Are defects covered by general liability insurance?

An article from Dive Brief The ruling, passed down from the state’s supreme court, could affect which issues contractors choose to litigate with insurers across the country. Published Dec. 18, 2023 Workers do concrete work in front of a home under construction on May 15, 2017 in Chicago, Illinois. Scott Olson via Getty Images This