Average auto insurance costs jump 18% YoY
Auto insurance is taking up more of consumers’ income and could contribute to a decline in vehicle purchases. The average…
Boerse Stuttgart uses blockchain to slash settlement times
Boerse Stuttgart says it has tested the settlement of exchange transactions with blockchain-based securities against central bank money – finding that using the technology can reduce settlement times from days to minutes.
Further credit tightening might be on horizon
Auto lenders are likely to further tighten underwriting criteria in the coming months as the rate of new auto loan…
UK Elections 2024: Labour’s landslide victory
Keir Starmer’s Labour Party wins by majority in the UK general election that took place yesterday.
PODCAST: More from DRN’s Jeremiah Wheeler about state of LPR
DRN president Jeremiah Wheeler appeared on the Auto Remarketing Podcast this week to continue the intensifying dialogue about license plate recognition technology. Wheeler elaborated about the company’s response to assertions made by the American Recovery Association and what he hopes … [Read More]
Ryan Specialty reports 26% revenue increase in Q2
Excess and Surplus Lines, Financial Results, Mergers and Acquisitions
Marsh unit agrees to buy Louisiana agencies
Agents and Brokers, Mergers and Acquisitions Marsh & McLennan
Falvey liability package for logistic service providers, transport operators
Auto liability, E&O, General liability, P/C Insurers
Lockton taps former AIG exec as US cyber and technology product leader
Agents and Brokers, Cyber Risks, P/C Insurers AIG, Lockton
Insurance rates jump for Ukraine war-exposed business: Sources
Agents and Brokers, Aviation, Marine, P/C Insurers, Risk Management Central & Eastern Europe, Russia Marsh & McLennan
Tom Hudson named first recipient of Jack Tracey Pinnacle Award
Tom Hudson might not be practicing consumer finance law on a daily basis nowadays, but accolades continue to be given to the founding partner of Hudson Cook. On Tuesday, the National Automotive Finance Association announced that Hudson has been named … [Read More]
SocGen and Altalurra invest €4.5 million in impak Ratings
Societe Generale is burnishing its environmental credentials by joining with Altalurra Ventures in a €4.5 million round in impact analysis and ratings agency impak Ratings.
Hagerty agrees to acquire Everspan’s CNIC
Hagerty Insurance Holdings, Inc. (Holdings), a subsidiary of Hagerty, has agreed to acquire Everspan’s Colorado-domiciled insurance company, Consolidated National Insurance Company (CNIC).