UK Regulators Seek to Reassure Insurers, Banks About Brexit Transition Period March 29, 2018 By Silla Brush U.K. financial regulators sought to reassure banks and insurers that they can rely on a transition period to ease their...
Former Chairman of China’s Anbang Pleads for Leniency in $10B Fraud Trial March 29, 2018 By John Ruwitch The former chairman of China’s Anbang Insurance Group Co Ltd requested leniency at the end of his high-profile trial in...
China’s Ping An Plans $3B IPO of Financial Management Portal OneConnect: Sources March 29, 2018 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, is starting preparations for an initial public offering of...
SoftBank Edges Closer to Buying Swiss Re Stake, Valued at $9.6 Billion: Sources March 29, 2018 By Manuel Baigorri, Dinesh Nair and Jan-Henrik Förster Swiss Re AG jumped after people familiar with the matter said Japan’s SoftBank Group Corp. is edging closer to buying...
Human Influence Makes Autonomous Vehicle Programming Unsafe: Professor March 29, 2018 The way autonomous vehicles are currently being programmed may not be safe because the programs are copying humans, according to...
Florida Keys Request Additional $16M from FEMA for Irma Damage March 29, 2018 County officials in the Florida Keys are looking to get federal money to reimburse them for expenses related to Hurricane...
Schinnerer Launches PL Coverage for Materials Transparency Consultants March 29, 2018 Underwriting manager Victor O. Schinnerer & Company has launched a dedicated professional liability policy for materials transparency consultants. Born out...
INSUREtrust Adds Beazley’s Ujjin as Account Manager in Atlanta March 29, 2018 INSUREtrust has hired Michael Ujjin as an account manager for the company’s cyber production team led by Executive Vice President...
Worldwide Facilities Hires Vaughn as SVP in New North Carolina Office March 29, 2018 Worldwide Facilities has opened a new location in Morehead City, N.C. Kasey Vaughn will be joining the office as senior...
Wildfires Cost Montana $240M In Visitor Spending, New Research Shows March 28, 2018 University of Montana researchers say the 2017 fire season likely cost Montana about $240 million in visitor spending. The Institute...