Tackling hidden leverage across the multi-trillion dollar “shadow banking” sector is next year’s priority, global financial regulators said on Wednesday,...
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Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Castel Underwriting Agencies Ltd....
The UK and Switzerland signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market...
In an era of heightened climate risks and evolving insurance dynamics, the traditional insurance model faces a conundrum. Insurers find...
Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process...
The U.S. Food and Drug Administration (FDA) on Wednesday classified the recall of Philips’ medical imaging devices as most serious...
Property insurance contracts often contain provisions requiring insureds to “incur” costs before insurance companies issue payments. For example, “ordinance or...
California Insurance Commissioner Ricardo Lara issued an official notice to insurers regarding consumers who have been reporting issues obtaining auto...
A new analysis of court cases in California over a year showed civil rights cases and personal injury cases were...
A year after pleading no contest to criminal charges, one of Pennsylvania’s leading natural gas companies is poised to drill...