EquiLend Restores Some Services After Cybersecurity Incident February 5, 2024 Fintech firm EquiLend said on Friday some services, including trading and post-trading solutions, had been restored, more than a week...
Report: Top AI Trends for Insurers in 2024 Include Claims, Other Insurance Processes February 5, 2024 Insurers are prepared for artificial intelligence to move beyond task automation and machine learning to advanced uses in 2024, a...
Hedge Funds’ Mega Returns Set Off Demand Spiral for Catastrophe Bonds February 5, 2024 By Sheryl Tian Tong Lee and Gautam Naik As hedge funds rake in record profits in one of the riskiest corners of the debt market, the products behind...
EU Agrees New Push to Repair, Not Replace, Defective Consumer Goods February 5, 2024 Consumers will be given greater rights to have goods such as washing machines and smartphones repaired under new rules agreed...
North Carolina Lawmakers Say Changes Could Come for State’s High-Risk Driver Pool February 5, 2024 North Carolina has a rather unique setup for auto insurance, allowing insurers to place high-risk drivers into the state Reinsurance...
Former Agent Sentenced to 15 Years in ‘FastLife’ Scheme. Spent Funds on Insurance February 5, 2024 By Insurance Journal Staff Reports A former Sarasota insurance agent and financial advisor has been sentenced to 15 years in prison for what prosecutors said...
AM Best Revises Outlooks to Negative for Amica Mutual February 5, 2024 Insurance rating firm AM Best has revised the outlooks to negative from stable and affirmed the superior credit ratings of...
Hub Launches High Net Worth Excess Wildfire Program in California February 5, 2024 HUB International launched a new program to address the need for enhanced wildfire coverage of high value homes that will...
Medical Biller Who Posed as Patients, NBA Player Sentenced for Insurance Fraud February 5, 2024 A medical biller has been sentenced to 12 years in federal prison after being convicted in a massive insurance fraud...
People Moves: CIWA Names Four New Board Members February 5, 2024 The California Insurance Wholesalers Association (CIWA), a professional trade association focused on California E&S insurance wholesalers, carriers and supporting entities,...