Crypto-Focused Bank Silvergate Plans to Wind Down Following Blow From FTX
Crypto-focused bank Silvergate Capital Corp. said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the ...
Industry News
Glut of Plastic Polluting World’s Oceans Is Growing Fast: Research
There are more than 170 trillion tiny plastic particles — or 2 million tons of them — floating on the surface of the ocean, and many of them got there after 2004, ...
New Reinsurance Brokerage, ReFlex Solutions, Launches in Bermuda
ReFlex Solutions Ltd., a new independent reinsurance brokerage, has launched in Bermuda with near-term plans for expansion into London and the U.S.
A New York federal judge has refused to lower the curtain on a COVID-19 business loss claim by the owner of five Broadway theaters because the entertainment insurance ... Connecticut lawmakers are considering imposing a surcharge on insurers' premiums from the fossil fuel industry. The proposal (SB-1115) ... Allianz Global Corporate & Specialty SE announced that Tracy Ryan has joined its board of management as chief regions and markets officer for North America. She ... Swiss Re has closed a $700 million multi-year stop-loss transaction with funding led by J.P. Morgan. The financing builds upon an ... UK-based InsurTech Azur Group has agreed to sell its technology services business to its senior managers, backed by prominent angel investors. The new company will be ... The Environmental Protection Agency is expected to propose restrictions on harmful "forever chemicals" in drinking water after finding they are dangerous in amounts so ...
Show Must Go On for Broadway Theaters’ COVID Loss Claim, Federal Judge Rules
Should a State Surcharge Insurers That Underwrite Fossil Fuel Risks?
Executives on the Move at Allianz, Sompo International, Greenlight and Mercury General
Swiss Re Closes $700M Alternative Capital Deal, Enabling Growth in Favorable Market
UK InsurTech Azur Group Sells Tech Services Unit to Senior Managers, Creating New Firm
U.S. to Propose Limits on ‘Forever Chemicals’ in Drinking Water
Allstate Not Turning Up Ad Spend Yet: CFO
During an investor conference on Monday, the chief financial officer of Allstate confirmed that the company isn't ready to ramp up its marketing spend to grow its personal auto book just yet, even ...