Bankruptcy court rules SVB directors, officers can tap into liability insurance
D&O, P/C Insurers Chubb Ltd.
Enhanced driver safety key to reducing auto liability risk: Broker
Agents and Brokers, Auto liability, P/C Insurers, P/C Pricing Arthur J. Gallagher & Co.
Lloyds warns over surge in crypto scams
Revolut is the most common recipient of Faster Payments made by crypto investment scam victims at Lloyds Banking Group, which is reporting a surge in get-rich-quick adverts on social media.
Mazda renews Toyota private label agreement
Mazda North American Operations has renewed its private-label financing agreement with Toyota Motor Credit Corp. Mazda Financial Services (MFS)…
Hub buys agency recruiting former Nationwide agents
Agents and Brokers, Cannabis, Intellectual Property, Mergers and Acquisitions Hub International
Australian watchdog reviews rule book amid fears of market meltdown caused by AI
Australia’s Securities and Invesment Commission is consulting on changes to its market integrity rules amid fears that AI combined with algorithmic trading could enhance market volatility and exacerbate flash crashes.
Kashable lands $250M credit facility to expand
Kashable, a fintech platform that provides access to “socially responsible credit” and financial wellness solutions for employees, got its own boost of financial resources last week, announcing the closing of a $250 million credit facility. According to a news release, … [Read More]
Travelers profit nearly doubles on strong pricing, lower cat losses
Auto liability, Catastrophes, Excess and Surplus Lines, Financial Results, General liability, P/C Insurers, P/C Pricing The Travelers Cos.
Big Wheels: $91.2B in auto ABS volume outpaces 2023
Auto asset-backed securitization volume is steadily climbing as weekly reports through the first half of 2024 continue to outpace year-to-date…
EBAday: Future payments and banking challenges can be overcome with collaboration
Kicking off the 18th edition of EBAday – this time in Madrid, Spain – Wolfgang Ehrmann, chairman, Euro Banking Association, opened the show by gracing the stage and welcoming nearly 1200 practitioners from all corners of the payments and transaction banking ecosystem to discuss the latest trends and share different perspectives.
The Payments Association releases recommendations for UK growth in 2025 manifesto
The Payments Association has released its Payments Manifesto 2025, which calls for the UK government to implement 66 policies recommended by payments professionals.
NAF Association solidifies board leadership, adds 2 new directors
The National Automotive Finance Association solidified its board of directors and voted in two new members last week during its 26th annual Non-Prime Auto Financing Conference in Plano, Texas. The NAF Association announced that Paul Gillespie, who is senior vice … [Read More]
Trump’s auto tariffs, threats on allies intensify trade war
President Donald Trump signed a proclamation to implement a 25% tariff on auto imports and pledged harsher punishment on the EU and…
Specialty insurer names chief underwriting officer
Agents and Brokers, Excess and Surplus Lines, P/C Insurers
Agora Data gains $400M in funding capacity
Agora Data CEO Steve Burke referenced the company being in growth mode during a conversation at NADA Show 2024 in early February. On Tuesday, the fintech company with a mission to “enable any car dealer to be a finance company” … [Read More]