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The latest insurance news, from the most reliable sources, all in one place.
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Sun, 17 Dec 2017 05:50:00 GMT |
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FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys |
| FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they detailed ongoing challenges such as hacks and substantial missing assets. In the highest-profile crypto … |
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Agency Partnerships: SAN Group Adds Woodland Agency of Massachusetts; Vermont’s Barrett Agency Joins Renaissance |
| Independent insurance agency alliance Satellite Agency Network (SAN) Group, Inc. recently announced the addition of Woodland Insurance Agency of Hanson, Massachusetts to its network. Founded nearly 40 years ago, Woodland Insurance is an independently owned insurance agency offering home, auto, … |
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Liberty Mutual Explores $1 Billion Sale of Europe Businesses |
| Liberty Mutual Holding Co. is exploring a sale of its businesses in Spain, Portugal and Ireland, according to people familiar with the matter, joining other American insurers retreating from the region. The US insurer is working with Bank of America … |
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Fri, 07 Dec 2018 06:47:28 GMT |
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Efforts to stabilize the Florida property insurance market may be too little, too late for this insurance company.
With backing from large banks and other deep-pocketed sponsors, the Arlington, Virginia-based community lending organization Momentus Capital has launched a new fund that will invest primarily in companies led by diverse entrepreneurs or doing work in communities of color.
The fund, dubbed Impact Investments, is the first for Momentus, a recently formed umbrella organization made up of Arlington community development financial institution Capital Impact Partners, San Diego-based CDC Small Business…
Does Marty McGuinn recognize much of the Mellon he led in the BNY Mellon of today? "The short answer is no."
