Tricolor Auto ABS ratings at risk of downgrade amid bankruptcy
Kroll Bond Rating Agency and Moody’s Ratings have put their ratings on downgrade watch for Tricolor Auto Acceptance’s securitization transactions in…
Powersports dealers boost used inventory ahead of sales uptick
COLUMBUS, Ohio — Powersports dealers are anticipating an uptick in sales this fall, evidenced by increased restocking of inventory at…
American Coastal announces five-year extension of MGA agreement with AmRisc
American Coastal Insurance Corporation, the insurance holding company of American Coastal Insurance Company (AmCoastal) has announced that AmCoastal has entered into a five-year extension of its exclusive Managing Agency Contract (MGA Agreement) with AmRisc, LLC effective June 1, 2024, and expiring January 1, 2029, subject to regulatory approval.
Mastercard takes GenAI to the Dark Web
Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards.
Sustainable Finance Live 2024: Bank of Spain releases report on satellite data
The Bank of Spain has recently released a report outlining the potential of satellite data to make a difference in collecting climate-related data.
Irish bankers concerned about job displacement through AI – survey
The vast majority of employees in Ireland’s financial services believe that the rise of AI will lead to job displacement across the industry, according to a recently released survey.
Gallagher to buy independent agency, benefits consultant
Agents and Brokers, Mergers and Acquisitions Arthur J. Gallagher & Co.
Tenet to revamp refi system as applications soar 900% YoY
EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising demand. Tenet introduced EV…
The Hartford sees fall in reported Q2 net income
US property and casualty insurer, The Hartford, reported a net income of $437 million for the second quarter of 2022, after falling from $900 million in the 2021 period.
EEOC updates guidance related to individuals with hearing disabilities
Employment Practices, Regulation
Appeals court reverses property owner’s win in contamination coverage fight
Asbestos & Environmental, Coverage Disputes, Property The Travelers Cos.
Florida-based parametric insurer, reinsurer launches Lloyd’s syndicate
Catastrophes, P/C Insurers, Reinsurance Lloyd’s of London
Layoffs from Trump tariffs ripple across the auto-parts Industry
Elena Morales, the president of SMT Automation, had been preparing for a big year at the tiny Michigan maker of…
TRM Labs raises $70 million
Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs.














