U.S. Consumer Agency Weighs Update of Rules on Access to Personal Financial Data October 23, 2020 The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify...
After Helping Shepherd Pandemic Loans, Banks Now Brace for Regulatory Risks October 21, 2020 By Lawrence Delevingne, Michelle Price and Koh Gui Qing Banks that facilitated the U.S. government’s Paycheck Protection Program at first saw the effort as a small revenue booster with...
BHSI Hires Kidd from AIG as Head of Third Party Lines in Ireland October 13, 2020 Berkshire Hathaway Specialty Insurance (BHSI) announced that Louise Kidd has joined its growing European team as head of Third Party...
Lloyd’s Gets to Keep $3 Million Because FDIC Waited Too Long to Collect August 25, 2020 Lloyd’s of London does not have to pay the U.S. government’s Federal Deposit Insurance Corp. $3 million in judgment interest...
BHSI Names Amandi from Allianz as Head of Financial Institutions in Germany July 21, 2020 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has named Dr. Frank Amandi as head of Financial Institutions, for Executive...
BHSI Expands Cover for UK Financial Institutions with D&O and Civil Liability Policies April 14, 2020 Berkshire Hathaway Specialty Insurance (BHSI) has introduced two new policies tailored specifically for UK financial institutions: Professional First Financial Institutions...
Reuters: Banks Cite Liability Risks, May Not Participate in Coronavirus Lending Plan April 2, 2020 By Pete Schroeder and David Henry Thousands of U.S. banks, including some of the country’s largest lenders, have said they may not participate in the federal...
Willis Towers Watson Taps Marsh’s Finbow as Head of FINEX Financial Institutions March 19, 2020 Willis Towers Watson announced the appointment of Susan Finbow as global head of FINEX (financial, executive and professional risks) Financial...
Aon’s Quintal Jumps to Marsh’s Financial Institutions Practice January 17, 2020 Insurance broker Marsh announced the appointment of Jacqueline Quintal as a managing director in its U.S. Financial Institutions Practice. In...
Ascot Launches U.S. Management Liability and Financial Institutions Unit November 5, 2019 Ascot is launching a Management Liability and Financial Institutions group, led by Ryan Becker as executive vice president. The new...