Intercontinental Exchange, Inc., one of the world's leading providers of financial market technology and data powering global capital markets, announced the planned launch of its first economic indicator futures contracts tied to global monetary policy decisions and US natural gas storage reports. ICE's new futures will be based on central bank rate…

The House of Representatives has passed a bipartisan bill to provide protection for insurers against acts of terrorism. "This legislation would reauthorize TRIA, the program established by Congress in the aftermath of the September 11, 2001, terrorist attacks, through 2034," Flood said. Rep. French Hill, who is chairman of the House Financial Services…

Nearly 350 new Maryland laws take effect Wednesday, bringing changes to everyday things impacting Marylanders, including electric bills, health insurance, schools, housing, workplace protections and consumer safety. Here are 15 of the most significant changes Maryland residents should know about. Several laws taking effect July 1 aim to reduce costs for…

Senator John Fetterman penned a letter to Federal Reserve Board Chairman Kevin Warsh urging the board to begin rulemaking under the 1987 Expedited Funds Availability Act to expedite payments and speed up paychecks for every American. As you may know, EFAA delegated responsibility to the Federal Reserve to reduce the time banks can hold onto customers' funds…

The following information was released by the U.S. House of Representatives Committee on Financial Services:. Today, the House Financial Services Committee, led by Chairman French Hill, is holding a markup of various bills that reflect the Committee's long-standing efforts to promote economic growth, protect the integrity of our markets, strengthen…

Insurity, one of the largest software providers to the property and casualty insurance industry, today announced the appointment of Jatin Atre as Chief Executive Officer. Atre succeeds Jeff Clarke, who will continue with Insurity as Executive Chairman. Jatin Atre has been appointed Chief Executive Officer of Insurity.

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of JSC Insurance Company Aldagi Group. The outlook of these Credit Ratings is stable. Offsetting factors include the company’ s onerous dividend policy, which limits its internal capital generation, as well as Aldagi’ s exposure to the moderate political risk…

The House of Representatives has passed a bipartisan bill to provide protection for insurers against acts of terrorism. “This legislation would reauthorize TRIA, the program established by Congress in the aftermath of the September 11, 2001, terrorist attacks, through 2034,” Flood said.“ We are so fortunate that we have never seen a TRIA claim in the program's…

A major risk area every business owner should know about. As a small business owner, did you know that you could be held liable for bodily injury or property damage resulting from your operations or products, even if the injury or damage occurs after the work is long done and your policy has expired? And if the damage happens after you have cancelled your insurance,…

Acrisure, a global fintech leader, today launches Asero Insurance Services, a specialty managing general agency that unifies several Acrisure- owned program administrators under a common brand in the United States. This press release features multimedia. Acrisure owns 13 US-based MGAs that collectively underwrite over $1 billion of premium, of which six…