Robinhood moves into wealth management and private banking
Stock trading app Robinhood continues to build out its product suite, adding wealth management and private banking services, as well as an AI investment tool.
FCA hits London Metal Exchange with £9.2 million fine over nickel market meltdown
The Financial Conduct Authority (FCA) has fined the London Metal Exchange (LME) £9.2 million for failing to ensure its systems and controls were adequate to deal with severe market stress.
UK MPs urge caution on creation of digital pound
UK parliamentarians on the cross-party Treasury Committee have urged to Bank of England to address data privacy and financial stability concerns before considering the implementation of a digital pound.
EVs help drive 6.7% year-over-year sales jump
Strong EV and hybrid sales are contributing to an industrywide jump in new-vehicle sales. Nearly every OEM reporting November sales…
NY law may lead to more mental stress claims
Claims Disputes, Workers Comp Coverage, Workplace Safety
BHSI announces UK executive & professional lines appointments
Berkshire Hathaway Specialty Insurance (BHSI) has announced the appointment of Andrew Hopper as Head of Financial Institutions, UK, and the promotion of Chris Nixon to Underwriting Manager, Executive & Professional Lines, UK.
Reynolds’ O’Loughlin inducted in F&I Hall of Fame
Terry O’Loughlin, director of compliance for Reynolds Document Services, is now a Hall of Famer. Reynolds and Reynolds highlighted this week that O’Loughlin has been inducted into the F&I Hall of Fame by the Bobit Dealer Group. During the inductee … [Read More]
Equifax launches OneScore to help evaluate nearly 8.8M more consumers
In an effort to support what the company called “financially inclusive lending,” Equifax on Monday launched OneScore. Equifax highlighted OneScore is a new consumer credit scoring model that combines the company’s alternative data insights with the power of the Equifax … [Read More]
Ally Financial eyes AI-based inventory recommendations
Ally Financial is continuing to invest in technology and generative AI to offer improved car sale recommendations and inventory options…
Arch Insurance International appoints Beth Jenkins as Senior Casualty Underwriter
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has announced the appointment of Beth Jenkins as a Senior Casualty Underwriter.
Commercial insurance price hikes slow in second quarter
Agents and Brokers, Cyber Risks, D&O, General liability, P/C Insurers, P/C Pricing Marsh & McLennan
