Cyber time in the reinsurance spotlight in Baden-Baden | Insurance Company America Reinsurance The cyber moment in the spotlight of reinsurance in Baden-Baden “Large losses can occur and feline events in one form or another can occur” Reinsurance By Mia Wallace It’s when there is relative stability in the property and casualty reinsurance landscape that … Read more
Bitcoin price retreated for two straight days as it struggled to break through the important resistance point at $70,000 on Monday. It fell to $67,435 on Tuesday, down from this week’s high of $69,300. Billionaire Paul Tudor Jones is bullish on Bitcoin Billionaire Paul Tudor Jones, who predicted the global financial crisis, has maintained his … Read more
Shari’s Cafe & Pies, a family-owned restaurant chain founded in Hermiston and long known for its pies, hexagonal buildings and 24-hour service, has closed its Portland-area restaurants and appears to have disappeared in Oregon for good . Sunday’s closures affected restaurants in Beaverton, Gresham, Hillsboro, Oregon City, Portland and more. Locations elsewhere in the state … Read more
A group of Senate Republicans wants answers from the Small Business Administration (SBA) after the agency ran out of money to issue new disaster loans. On October 15, 2024, the SBA announced that it had exhausted its disaster loan program after Hurricanes Helene and Milton devastated parts of the Southeast. Today, in a letter to … Read more
HDI Global Insurance Company (HGIC), the U.S. subsidiary of HDI Global SE (HDI), has appointed 35-year industry veteran Thomas Long as U.S. Claims Manager. In his new role, Long will be based at the company’s U.S. headquarters in Chicago, Illinois. He will report to Marco Hensel, Director of Underwriting, HGIC. He joins HDI Global Insurance … Read more
From October 22 to 24, the OSCE organized the second Workshop on Cryptocurrency Investigations in Astana, Kazakhstan. The intermediate workshop brought together more than thirty practitioners from the Asset Recovery Committee, the Financial Supervision Agency, the Anti-Corruption Agency and the Prosecutor General’s Office of the Republic of Kazakhstan. “Criminal use of virtual assets has become … Read more
U.S. stocks fell Tuesday as investors digested the recent bond market selloff and prepared for the next wave of earnings reports. The S&P 500 (^GSPC) fell more than 0.5%. The Dow Jones Industrial Average (^DJI) fell more than 120 points, or about 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) slipped about 0.6%. Stocks are under … Read more
Payments on some student loans will remain suspended for at least the next six months, according to the U.S. Department of Education. The pause covers some 8 million borrowers under the federal Saving on a Valuable Education, or SAVE, plan. CNBC, which was first to report the development, said the forbearance comes as the Biden … Read more
BOSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced the acquisition of George W. Blaisdell Insurance, an agency well-established employee benefits focused company based in Hampton. Falls, New Hampshire. The acquisition further strengthens the Risk Strategies Employee Benefits Practice group’s presence and capabilities … Read more
New York, NY, United States, October 22, 2024 (GLOBE NEWSWIRE) — Pamioerut Exchange recently announced that it has successfully passed a comprehensive compliance review and officially obtained the Money Services Business (MSB) license from the US Financial Crime Enforcement. Network (FinCEN). This achievement establishes Pamioerut as a leader in compliance and legality within the global … Read more