US Small-Business Optimism Soars to Three-Year-High After Trump Win December 10, 2024 US small-business optimism surged in November to a more than three-year high in anticipation of more favorable economic policies after...
Sloop to Take Over for Drinkwater as Amwins President December 10, 2024 Ben Sloop is set to take over as president of Amwins Group at the start of 2025, the wholesale brokerage...
Catastrophe Bonds See Investor Influx After ‘Fantastic’ Run December 10, 2024 By Gautam Naik After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase...
Yellen Warns Financial System Still Faces Commercial Real Estate, Crypto Risks December 10, 2024 By Katanga Johnson The US financial system continued to face vulnerabilities from commercial real estate risk and digital assets in 2024, Treasury Secretary...
People Moves: DUAL North America Appoints Casualty Underwriting Leaders December 10, 2024 DUAL North America, headquartered in Naples, Florida, appointed Andreas Graham as executive vice president of the EIURS team, a division...
NHTSA Closes Probe Into 7,745 Fisker Ocean SUVs After Software Update December 9, 2024 The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over...
Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach December 9, 2024 By Chad Hemenway Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to...
Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse December 9, 2024 By Bob Van Voris A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating...
CFPB Claims Supervision Over Google Unit, Which Promptly Sues December 9, 2024 The Consumer Financial Protection Bureau said it’s claiming supervisory authority over Google Payment Corp., as the agency extends its oversight...
US Issues Order Mandating Bird Flu Testing of Milk Supply December 9, 2024 By Leah Douglas The U.S. issued a federal order on Friday mandating that the national milk supply be tested for bird flu, Agriculture...