New York Senate votes for bitcoin mining moratorium
The New York State Senate has passed a bill establishing a moratorium on cryptocurrency mining using carbon-based power sources.
View from the top: Malcolm Roberts, FM Global
Asbestos & Environmental, Catastrophes, Coronavirus, Current Issue, Cyber Risks, Emerging Risks, P/C Insurers, Technology FM Global
Broker Insights’ Vision platform hits £10bn in GWP
Broker Insights, a data analytics and digital distribution provider for commercial insurance, has reached £10 billion in gross written premium (GWP) uploaded to its Vision platform across the UK, EU, and US.
UBS invests in climate fintech Doconomy
Climate fintech Doconomy has raised EUR34 million in a Series B funding round co-led by CommerzVentures and the venture arm of UBS.
Chris Minter appointed Head of Swiss Re’s Alternative Capital Partners division
Global reinsurer Swiss Re has revealed that Chris Minter will take over as Head of its Alternative Capital Partners (ACP) division, succeeding Philipp Rüede, who is leaving the firm after 12 years of service.
CFPB charges Navy Federal Credit Union $95 million for overdraft and junk fees
The Consumer Financial Protection Bureau (CFPB) has charged the US’s largest credit union for illegally charging users overdraft fees.
Why DataCision Might Be the Perfect Fit For Your Business
You’ve been hearing a lot about DataCision, the purpose-built credit underwriting solution made specifically for dealer commercial lending. . However,…
ECB to test banks’ resilience to geopolitical risk in 2026
Political Risk, Risk Management European Union
Appeals court asks Oregon high court for advice on COVID coverage
Catastrophes, Coronavirus, Coverage Disputes, Emerging Risks, P/C Insurers
Delaware court refuses to dismiss life insurers suit against AIG, other insurers
Coverage Disputes, D&O, Excess and Surplus Lines, P/C Insurers AIG, Chubb Ltd., CNA
Optio Group names Harald Teige as Head of Coastal Marine at S Insurance AS
Optio Group, a specialty MGA, has announced the appointment of Harald Teige as Head of Coastal Marine at S Insurance AS (S Insurance), an Optio company.
AM Best assigns stable credit ratings to PanAsia Re
Global credit ratings agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to PanAsia Reinsurance Inc. (PanAsia Re), with the outlook assigned to these Credit Ratings being stable.
Fed Governor touts ‘skinny’ masters accounts to promote payments innovation
The Federal Reserve is exploring the introduction of a “skinny” master account that would give access to basic Fed payment services to fintechs and other providers that currently have to work with third-party banks, says Governor Christopher Waller.
Sustainable Finance Live 2024: 4 days to go!
Finextra’s annual Sustainable Finance Live conference will be held at Events@No6 in London next week.