Small business owners face severe penalties if they don't report to the federal government by year's end. Thousands of businesses may not realize they are subject to a new reporting process mandated under the Corporate Transparency Act, which went into effect in January 2024. For most eligible businesses, the filing deadline is Jan. 1, 2025,…

Cybercrime costs the US economy $9.6 trillion every single year – with the FBI adding that over $10 billion was lost in cyberattacks in 2022 alone. And, for Ryan Von Haden (pictured), partner and vice president at TRICOR Insurance, cyber threats aren’t just an abstract concept – eradicating them is a way of life. “We…

Providence Mutual recently notified state regulators that it is exiting the auto insurance business for both commercial and personal lines in the four states where it currently offers the coverages – Connecticut, Maine, New Hampshire and Rhode Island. The company also said it will be transferring some of the business to Plymouth Rock Assurance in…

The Monetary Policy Committee of the Reserve Bank of India left the policy repo rate unchanged while slashing the CRR rate. While acknowledging the recent slowdown in India’s economic growth, the central bank sounded cautious on inflation. The central bank expects the economic growth to recover in second half of FY25. “Industrial activity is expected…

HOUSTON, Texas – The proposed legislation to ban all forms of consumable tetrahydrocannabinol (THC) in Texas could have significant implications for the state’s cannabis dispensaries and associated businesses. Since the legalization of consumable hemp in 2019, the industry has seen rapid growth, with thousands of shops opening across Texas. Texas Senate to pursue ban on…

Christmas trees are the centerpiece of a holiday celebration. Every year, between 25 and 30 million Christmas trees are sold in the United States, according to the National Christmas Tree Association. On a stroll through one of America's Christmas tree farms, there are several different types you could find, with Fraser firs, Balsam firs and…

GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has been designated as a main hub to serve the insurer’s small business customers, joining locations in Katy, Texas, and Fredericksburg, Virginia. The…