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Banking & Financial Services
Allstate reports $777 million in estimated catastrophe losses for May

By Business Daily | Jun 18, 2025

The Allstate Corporation has reported estimated catastrophe losses for May amounting to $777 million, or $614 million after-tax.
Banking & Financial Services
Twelve students awarded Paul S. Mills Scholarships for 2025

By Business Daily | Jun 18, 2025

NAIFA has announced the 2025 recipients of the Paul S. Mills Scholarships, awarded by the Foundation for Financial Service Professionals.
Banking & Financial Services
Aviation insurance requires accuracy: key steps for secure coverage

By Business Daily | Jun 18, 2025

When securing aviation insurance, thoroughness in the application process is critical for pilots, aircraft owners, and commercial operators.
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.

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