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Banking & Financial Services
Allstate reports $777 million in estimated catastrophe losses for May
The Allstate Corporation has reported estimated catastrophe losses for May amounting to $777 million, or $614 million after-tax.

By Business Daily | Jun 18, 2025

Banking & Financial Services
Twelve students awarded Paul S. Mills Scholarships for 2025
NAIFA has announced the 2025 recipients of the Paul S. Mills Scholarships, awarded by the Foundation for Financial Service Professionals.

By Business Daily | Jun 18, 2025

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Banking & Financial Services
Morgan Stanley and Scion partner on $262M University of Mississippi student housing acquisition

By Business Daily | Jun 17, 2025

Morgan Stanley Investment Management, through its real estate investing arm MSREI, and The Scion Group have announced a joint venture to acquire student housing near the University of Mississippi for $262 million.
Banking & Financial Services
Webinar on lithium-ion battery safety for auto dealerships

By Business Daily | Jun 17, 2025

Electric vehicles are reshaping the automotive industry, introducing new challenges and risks for dealerships.
Banking & Financial Services
Consumer guide highlights financial impact of legal system abuse

By Business Daily | Jun 16, 2025

The Insurance Information Institute (Triple-I) and Munich Reinsurance America, Inc. (Munich Re US) have released a new consumer guide addressing the impact of legal system abuse on consumers and businesses in the United States.
Banking & Financial Services
Lynn Good elected to Morgan Stanley board starting July

By Business Daily | Jun 16, 2025

Morgan Stanley has announced the election of Lynn Good to its Board of Directors, with her term set to begin on July 18, 2025.
Banking & Financial Services
General liability and business interruption insurance: Essential protections for every business

By Business Daily | Jun 16, 2025

The unexpected can strike any business, leaving it vulnerable to lawsuits and financial disruptions.
Banking & Financial Services
Policy changes impact employee benefits sector

By Business Daily | Jun 16, 2025

The AssuredPartners Compliance team, alongside The Council’s Government Affairs team and legal experts from Steptoe, is set to provide a comprehensive overview of recent federal and state policy changes affecting the employee benefits sector.
Banking & Financial Services
Kathleen Bilderback joins NAIFA Board bringing extensive legal expertise

By Business Daily | Jun 16, 2025

NAIFA President Doug Massey has announced the appointment of Kathleen Bilderback to the NAIFA Board of Trustees.
Banking & Financial Services
Legal help key in managing cybersecurity incidents

By Business Daily | Jun 13, 2025

Cybersecurity incidents present significant risks to businesses, impacting legal, financial, and reputational aspects.
Banking & Financial Services
Carlyle partners with Citi on fintech lending finance opportunities

By Business Daily | Jun 12, 2025

Global investment firm Carlyle and Citi have announced a collaboration to explore asset-backed financing opportunities in the fintech specialty lending sector.
Banking & Financial Services
US personal auto insurance sees profit but faces legal and regulatory challenges

By Business Daily | Jun 12, 2025

The United States personal auto insurance industry recorded its strongest underwriting performance in the post-pandemic era, achieving a net combined ratio of 95.3 in 2024.
Banking & Financial Services
Importance of contractual risk transfer in construction highlighted

By Business Daily | Jun 11, 2025

In the construction industry, precision and planning are paramount.
Banking & Financial Services
Special Focus Facility program review highlights operational recovery strategies

By Business Daily | Jun 5, 2025

Being designated as a Special Focus Facility (SFF) can significantly impact operations, morale, and a facility's reputation.
Banking & Financial Services
Allstate emphasizes hurricane preparedness amid rising storm impacts

By Business Daily | Jun 5, 2025

As the hurricane season commences, Allstate has intensified its response initiatives and is urging homeowners and renters to prepare.
Banking & Financial Services
Gas prices decrease as summer driving season begins

By Business Daily | Jun 5, 2025

The summer driving season has begun, and drivers are experiencing a decline in gas prices.
Banking & Financial Services
Voluntary benefits set for decade-long rise driven by pandemic trends

By Business Daily | Jun 5, 2025

Interest in voluntary benefits has surged, with expectations for continued growth over the next five years.
Banking & Financial Services
Carlyle invests $1.3 billion in Trucordia for strategic growth

By Business Daily | Jun 4, 2025

Trucordia has announced a strategic investment of $1.3 billion from Carlyle’s Global Credit platform.
Banking & Financial Services
Dementia behavior management: Shift from reaction to prevention urged

By Business Daily | Jun 4, 2025

As the healthcare industry increasingly focuses on dementia care, insurance advisors are urging a shift from reactive to preventive strategies in managing related behavioral issues.
Banking & Financial Services
Survey shows Americans hesitant about adopting electric vehicles

By Business Daily | Jun 3, 2025

Despite the increasing availability of electric vehicle (EV) models, a recent survey by AAA reveals that American consumers remain hesitant to adopt this technology.

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Sen. Thornton on tax relief bill: ‘There are benefits to the average working class’
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Lazarus consulting CEO on China’s Latin America push: ‘This plan represents China’s most significant effort to date’