Industry News
Hub International Will Acquire Wells Fargo’s Crop Insurance Broker Business
Hub International will snatch up the assets of Wells Fargo Insurance's crop insurance broker business. Neither side disclosed financial details. Hub International is already a large, global ...
Waymo’s Driverless Ride-Hailing Service Will Start Testing in Arizona
Alphabet Inc's Waymo will launch a ride-hailing service with no human behind the steering wheel and has been testing the fully self-driving cars on public roads in Arizona, Chief Executive John ...
London Wants Post-Brexit Regulatory Help For Financial District
Britain's regulators should put more emphasis on keeping banks globally competitive after Brexit, the City of London financial district's policy chief said on Thursday. Catherine McGuinness said ...
AmTrust Lost $174.7M in Q3, Hammered by Catastrophe Costs
AmTrust Financial Services reported significant net losses in the 2017 third quarter, a dip in gross written premium and a skyrocketing combined ratio. Net losses hit $174.7 million, or $0.89 per ...
Lavey Will Run The Hanover’s Personal, Core Commercial Lines Business
The Hanover Insurance Group named a long-term veteran of the company to lead its personal and core commercial lines business. Richard Lavey, who will handle these responsibilities as president of ...
The Latest Launches From Allianz, Liberty Mutual and Willis Towers Watson
Allianz Global Corporate & Specialty has found a partner to help address cybersecurity and risk management for small to medium-sized businesses. Liberty Mutual Insurance Co. will back NIF Group's ...
Solving Financial System Cybersecurity Challenges Won’t Happen With Regulation: Fed Official
More rules may not be the best answer to protecting the financial system against cyber attacks, a Federal Reserve official said. "I don't think the solution to the cybersecurity problem rests in ...
U.S. Flood Insurance Reform Gets SmartSafer Lobbying Push
The latest attempt to overhaul the U.S. federal flood insurance program hit a stumbling block, but a coalition of business and environmental groups renewed their push on Wednesday for lawmakers to ...