Big Wheels: Auto stocks up 21.7% year over year
Auto stocks rose month over month and year over year in August after recovering from a 2% single-day dip at…
Qatar Insurance Group announces partnership with Ooredoo
Qatar Insurance Group (QIC) and Ooredoo Group have signed a Memorandum of Understanding (MoU) to offer integrated insurance products that deliver innovative, customer-centric insurance solutions, and revolutionise insurance and telecommunications services.
Auto fintech investment surges 70% in 2024
Venture capitalists pumped $2.3 billion of capital into auto fintechs in 2024, up $1 billion year over year and just…
Coaction names Ellen Edmonds as chief actuarial officer
Specialty property and casualty insurer Coaction has appointed Ellen Edmonds as chief actuarial officer.
Citi to engage developers via fintech meetups
Citi is to host a series of fintech meetups in its latest attempt to engage with thriving local developer ecosystems.
Mexican fintech Plata sees valuation exceed $3bn
Plata, a startup based in Mexico and founded by three former Tinkoff executives has completed a $250m fund raise.
Comp impact of AMA updates on mental injuries uncertain: NCCI
Workers Comp Cost Control, Workers Comp Coverage
Ford EV $19.5B restructuring costs ‘manageable for company,’ Fitch says
Ford Motor’s costly restructuring plans that include refocusing its long-term investment in EVs are not expected to affect the company’s ratings, but might signal a wider industry shift toward hybrids, internal combustion engine vehicles and more affordable…
Kontos: ‘Inflation dragon has not been slain’
While members of the Federal Reserve spoke publicly this week about movements associated with inflation and data that’s indicating them, ADESA chief economist Tom Kontos was a little more hesitant when giving his assessment about inflation to Cherokee Media Group. … [Read More]
New FTC rule delayed by dealer activity in federal appeals court
Dealers will get their time in court. Late on Thursday, the Federal Trade Commission issued an order postponing the effective date of the Combating Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending from the … [Read More]
Russia-Ukraine conflict increasing shipping risks: Allianz
Marine, P/C Insurers European Union, Russia Allianz
Complaint pace reignites after March slowdown (Under the Hood)
Auto loan- and lease-related complaints filed through June 30 with the Consumer Financial Protection Bureau surged 38% year over year….
State Street selects Taurus to grow digital assets business
State Street is to add tokenization and digital custody services to its digital assets business through a deal with infrastructure provider Taurus.