Banning Risk Is Our Biggest Risk

As California smolders in the wake of devastating wildfires that burned 12,000 homes and left billions of dollars in damage, insurance rates are set for another double-digit rise 2,000 miles away in Illinois. Climate change-related weather events roiling insurance markets across the U. S. may well connect the dots between California and Illinois, according to industry analysts. Allstate is increasing homeowners insurance rates in Illinois by 14.3% beginning Feb.

President Donald Trump has directed his Justice Department to pause enforcement of the TikTok ban until early April, but a host of questions remain – including whether Trump has the authority to issue such an order and if TikTok’s China-based parent would be amenable to selling the popular social media platform. In an executive order signed on Monday, Trump instructed the U.

Address: 363 E. Wacker Drive, Unit 3009, Chicago Listed: Jan. 14, 2025 Price: $2,600,000 Listing agent: Rafael Murillo, Compass, 312-375-4199 This three-bedroom, 3½-bath condo is on the southeast corner of the St. Regis high-rise in the Lakeshore East neighborhood of Chicago. The unit has a balcony and floor-to-ceiling windows with views of Lake Michigan, the Chicago River and the city skyline.

Amina Gilani quit her full-time insurance job in 2019 when the restaurant software company she co-founded in Canada, Sociavore, was accepted into a Chicago accelerator program for food industry startups. At the time, Sociavore, which is based in Ontario, had a staff of two people. Today it has about a dozen employees, and Gilani doesn’t consider it a startup anymore. “If I look at the timeline of the company and what’s happened since then, that opportunity was really important to us,” Gilani said about Food Foundry’s accelerator program, which connects its startups to investors and helps them get a foothold in the Chicago business community. Sociavore, whose customers are about evenly split between Americans and Canadians, may soon undergo another transformation, but Gilani says this one won’t be positive.

A former executive for Chicago-based Verano, one of the largest cannabis companies in the United States, was federally indicted on charges of insider trading. The indictment Thursday accused Anthony Marsico, 39, of Bartlett, of using confidential information to make an illegal profit of about $607,000 by buying stock in another marijuana company that Verano planned to acquire. The deal to buy Minneapolis-based Goodness Growth Holdings Inc., now named Vireo Growth Inc., fell through.

Apple has sent out release candidate builds of the upcoming iOS 18.3, iPadOS 18.3, and macOS 15.3 updates to developers today. But they come with one tweak that hasn't been reported on, per MacRumors: They enable all of the AI-powered Apple Intelligence features by default during setup. When Apple Intelligence was initially released in iOS 18.1, the features were off by default, unless users chose to opt-in and enable them. Those who still wish to opt out of Apple Intelligence features will now have to do it after their devices are set up by navigating to the Apple Intelligence & Siri section in the Settings app. Apple Intelligence will only be enabled by default for hardware that supports it.