Bessent to Be Acting CFPB Head, Pauses Rules and Litigation February 4, 2025 By Saleha Mohsin and Paige Smith Treasury Secretary Scott Bessent is now the acting head of the US Consumer Financial Protection Bureau, signaling a potential shift...
Oil Tanker Attacked Last Year Crosses Red Sea as Houthi Ceasefire Holds February 4, 2025 Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen’s Houthis last year, sailed through the Red Sea this week,...
Generali to Remain in Charge of Investment Decisions in BPCE Deal, Won’t Cut Stake February 4, 2025 By Gianluca Semeraro Generali to remain in charge of decisions over how to allocate its own clients’ savings under the asset management deal...
China Hits Back With Targeted Tariffs After Trump Imposes New Levies February 4, 2025 By Trevor Hunnicutt and Kevin Huang China on Tuesday imposed tariffs on some U.S. imports in a swift response to new U.S. duties on Chinese goods,...
Viewpoint: Delegated Underwriting Authority Enterprises Offer Insurers Competitive Edge February 4, 2025 By Dawn Walker The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within...
Securities Class Actions Increase Again in 2024; AI-Related Filings Double February 4, 2025 The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings...
AI, Cybercrime Perceived as Top Insurance Risks: Kennedys February 4, 2025 Artificial intelligence, cyberattacks or outages, and extreme weather events are the risks partners at global insurance law firm Kennedys perceive...
People Moves: Aspire Names Adams VP of Product February 4, 2025 Aspire named Isaac Adams vice president of product. Adams previously served as vice president of data science at The Hartford....
New Jersey Man Sentenced for Leading Stolen Vehicles Conspiracy February 4, 2025 A New Jersey man has been sentenced to 57 months in prison for his role in a conspiracy to receive,...
Insurer Seeks to Exit $30 Million Wrongful Death Lawsuit Over Boy’s Fatal Shooting February 4, 2025 By Andrew G. Simpson An insurance company says it is not obligated to defend or indemnify the owners and managers of a Memphis apartment...