LONDON& CHICAGO—- Fusion Risk Management, Inc., a leading provider of operational resilience, risk management, and business continuity software and services, today announced an integration with Unified Compliance Framework and enhanced compliance capabilities for the financial services and insurance sectors. March 31, 2022, marks the deadline for firms to…
Newswires
Right now, almost 3 million businesses in the United States have owners at or near retirement age. "The U.S. economy is ready for a new direction to help employees of all income levels build economic security for the future: employee ownership. When employees become owners, they can unlock opportunities to acquire assets and increase their income, while having a…
PGIM Real Estate completed a record $42.7 billion in transactions globally in 2021, up 43% from the prior year— including $35 billion in transactions in the U.S. alone, up 38% from the previous year. PGIM Real Estate is the $209.3 billion real estate business of PGIM. Cathy Marcus, Global Chief Operating Officer and Head of U.S. Equity, PGIM Real Estate.
The Service Insurance Company, Inc. is extremely pleased to announce that Lynn Schubert has been elected to the Company’ s Board of Directors. Ms. Schubert recently retired as the President of The Surety and Fidelity Association of America, where she led the nonprofit, nonpartisan trade association as a tireless advocate for the value of surety and fidelity…
Bringing to life GuideWell's mission of helping people and communities achieve better health, the report describes the efforts of GuideWell and its subsidiaries, including Florida Blue, the leading health insurance company in Florida to advance holistic health, inclusive business practices and environmental sustainability. "This report describes how…
SEBRINGVILLE, Ontario& SAN MATEO, Calif.—- Tradition Mutual Insurance Company and Guidewire announced that Tradition Mutual has selected Guidewire to automate and simplify its business processes. It’ s stable, easy to use, and updated to the latest industry standards, leading to longevity,” said Tradition Mutual President and Chief Executive Officer Paul Burns.“…
The New York Immigration Coalition, alongside elected officials and impacted individuals, rallied the State Capitol in Albany to demand the inclusion of the Coverage for All bill in the final state budget. Today's rally comes days before state lawmakers must finalize the FY2023 budget and follows weeks of events in February and March by immigrant…
Cheri Bustos, D- Illinois, issued the following news release:. Congresswoman Cheri Bustos highlighted how, after twelve years, the life-saving Affordable Care Act has expanded access to quality, affordable health insurance in Illinois and across the country. With the American Rescue Plan, I proudly voted to build on that success, further lowering costs and…
Instead, he left the proposal up to leaders of the state Senate and House. So far, there’ s been no indication that Senate President Wilton Simpson and House Speaker Chris Sprowls plans to call a special session, said Sen. “The conditions of the property insurance marketplace in Florida are unsustainable,” the letter said,“ and without the necessary corrective action,…
On March 30, 2022, Ambac Financial Group, Inc. issued a press release announcing that its Board of Directors has approved a share repurchase program under which Ambac may opportunistically repurchase up to $20 million of the Company's common stock at management's discretion over the period ending on March 31, 2024. On March 30, 2022, Ambac issued a press…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Bricktown Specialty Insurance Company. The outlook assigned to these Credit Ratings is stable. BSIC is a newly formed subsidiary of Trisura Group Ltd. admitted in Oklahoma, and operates as an excess and surplus lines insurer in all other states.
Ambac Financial Group, Inc., a financial services holding company, announces that its Board of Directors has approved a share repurchase program, under which Ambac may opportunistically repurchase up to $20 million of the Company’ s common shares at management’ s discretion over the period ending on March 31, 2024. Ambac also has a legacy financial guaranty…
Ambac Financial Group, Inc., a financial services holding company, announces that its subsidiary, Ambac Assurance Corporation, has provided updates regarding the implementation of the restructuring of a significant portion of its Puerto Rico exposure and the estimated impact of recent litigation developments on its representation and warranty…
AM Best will participate in the American Council of Life Insurers’ Financial& Investment Roundtable, taking place April 3-6, 2022, in Sea Island, GA.. Joining Porcelli is Ramnath Balasubramanian, senior partner, McKinsey& Company, and moderating the panel is Michael Lovendusky, vice president and senior associate general counsel, ACLI. Headquartered in the…
–Everyone knows the dangers of texting while driving, but Erie Insurance is raising awareness of a more recent but equally dangerous trend– vlogging while driving. Erie Insurance showed Atchley several videos gaining buzz online showing influencers looking back and forth between their camera and the road, fiddling with the camera on their dashboard, and in…
Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the Q1 2022 edition of its semi-annual Mobile Insurance Scorecard. GEICO earned top honors for its mobile user experience, ranking first in Overall Score in Keynova Group's 14th competitive evaluation of the mobile apps and…
TRIA requires the Secretary of the Treasury to submit a report to Congress by June 30, 2022 concerning, in general, the overall effectiveness of TRIP. ADDRESSES: Submit comments electronically through the Federal eRulemaking Portal at http://www.regulations.gov, in accordance with the instructions on that site, or by mail to the Federal Insurance Office,…
The Social Security Administration publishes a list of information collection packages requiring clearance by the Office of Management and Budget in compliance with Public Law 104-13, the Paperwork Reduction Act of 1995, effective October 1, 1995. ,Office of Management and Budget, Attn: Desk Officer for SSA, Comments:…
Alliant Insurance Services has announced the promotion of Peter Arkley to President, Alliant Retail Property and Casualty. In his new role, Arkley will lead Alliant’ s retail P&C operation to leverage the strength of its Specialty Group and geographic business to drive operational excellence by bringing the best specialists to each client.
