Hub Acquires Edbrooke/Stelcner Associates in Florida

Published on July 18, 2023
Global insurance broker Hub International Limited announced that it has acquired the assets of Edbrooke/Stelcner and Associates, Inc. in Coral Gables,
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Progressive Caps Its Worst Day Since 2000 After Results

July 18, 2023
Shares of Progressive Corp. fell the most since 2000 after the insurance company released second quarter results that missed analysts’ estimates. The stock tumbled by about 13% on Thursday, following the report that its combined ratio — a measure of …

Tesla Directors Pay $735M to Settle Lawsuit over Excess Compensation

July 18, 2023
WILMINGTON, Delaware –– Tesla Inc’s directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court. The …