FCA files first criminal charges against operator of crypto ATM network
The Financial Conduct Authority has filed its first criminal charges against an individual accused of unlawfully running multiple crypto ATMs without FCA registration.
Southlake Specialty to acquire Nevada General Insurance Company
Southlake Specialty, part of Southlake Financial Holdings, a Texas-based group of fronting carriers, has agreed to acquire Nevada General Insurance Company from Western National Mutual Insurance Company.
32 new international insurance licenses issued in Cayman so far in 2025: IMAC
Citing Q3 2025 licensing statistics from the Cayman Islands Monetary Authority (CIMA), the Insurance Managers Association of Cayman (IMAC) reported continued growth in the jurisdiction’s international insurance sector, with 32 new international insurance licenses issued so far in 2025.
Warwick Re completes inaugural funded reinsurance transaction
Warwick Re Ltd, a Bermuda-domiciled reinsurer, has completed a roughly $500 million quota share reinsurance agreement with UK bulk purchase annuity (BPA) insurer Just Group plc.
Winnebago promotional liabilities down 26.4%
RV and marine manufacturer Winnebago Industries decreased its promotional liabilities in the third quarter as the company continues to navigate…
McDonalds workers sue to address systemic problem of sexual harassment
D&O, Employment Practices, General liability
Mastercard closes in on $2bn deal to buy crypto firm Zerohash – report
Mastercard is in late-stage talks to buy crypto and stablecoin infrastructure platform Zerohash for up to $2 billion, according to Fortune.
Experian: Amount financed for used vehicles slowed in Q3
With used-vehicle prices easing a bit, the amount of risk that finance companies are absorbing into their portfolios is starting to abate a bit, too. According to Experian’s State of the Automotive Finance Market Report: Q3 2022, the average amount … [Read More]
Inside the Wells Fargo, Volkswagen Financial Services deal
Volkswagen, Audi and Ducati dealers stand to benefit from enhanced incentive programs and digital capabilities following the launch of a…
SS&C completes $1bn acquisition of Calastone
Investor services technology provider SS&C Technologies has finalised its purchase of funds processing network Calastone, concluding one of the largest deals between investment management technology firms in recent years.
BNP Paribas Asset Management launches market commentary service for Alexa
BNP Paribas Asset Management has launched a service that lets users access voice-activated market commentary and thought leadership through Amazon Alexa-enabled devices.
Forecasters predict 7th straight above-normal hurricane season
Catastrophe Modeling, Catastrophes, Property, Risk Management
DWF boosts Australian presence with Proclaim acquisition
DWF, a provider of integrated legal and business services, has announced its acquisition agreement with Proclaim, a claims management business in Australia, aiming to enhance its presence in the country.