Powersport promo levels hard to predict in 2025, experts say
LAS VEGAS —The need for promotional offers in powersports could climb if the Federal Reserve decides to hold rates at…
KBB: July marks smallest uptick in new-model retail prices in 10 years
New vehicles might still be out of reach for many customers who land in the subprime credit tier. But the latest data from Kelley Blue Book showed that perhaps the prospects for putting a subprime consumer into a new model … [Read More]
PPL looks to accelerate API adoption with new programme
Placing Platform Limited (PPL), an electronic trading platform for the London re/insurance market, has launched a broker Early Adoption Programme (EAP), which has a focus on the operationalisation of the platform’s API capabilities and reflects the acceleration of market interest in APIs.
Bill would create tax credit for disaster mitigation
Catastrophes, Disaster Management, P/C Insurers, Property, Regulation
ICE partners Circle to explore stablecoin uses
Nyse parent Intercontinental Exchange is exploring how it can use Circle’s stablecoin and tokenised money market offering.
Resort settles Hispanic national origin suit for over $2.6 million
Employment Practices, General liability
WR Berkley appoints Scott M. McDonough as president of MEC
WR Berkley has named Scott M. McDonough as president of Midwest Employers Casualty (MEC), succeeding Timothy Galvin.
Subprime lender sentiment mixed amid market share dip
Outlooks were mixed among subprime lenders in the second quarter, with some concerned about consumer affordability, while others were optimistic…
Global insurtech quarterly funding up 71%, deals fall
Agents and Brokers, Cyber Risks, Emerging Risks, P/C Insurers, Reinsurance, Technology China, United Kingdom Willis Towers Watson
Lloyds on hook for $3M in interest under failed banks D&O policy
Coverage Disputes, D&O, P/C Insurers Lloyd’s of London
Hard market prompts formation of cell captives
Alternative Risk Transfer/Captives, Catastrophes, Property, Reinsurance, Risk Management