Banking
Banking industry news and updates
CFC Enhances Cyber Insurance Offering for Financial Institutions
CFC has strengthened its cyber insurance by including AI-related threats and comprehensive response strategies for financial sector clients.
Chubb Elevates Sean Ringsted to Chief Scientist in Strategic AI Role
Chubb promotes Sean Ringsted to Chief Scientist, enhancing its AI and data strategy, while also appointing new leaders in digital business initiatives.
Tennessee Court Denies Librarian's Request for Mental Health Benefits Amid Disputed Incident
A Tennessee judge rules against a former librarian's request for mental health benefits, citing lack of cooperation and insufficient evidence of mental injury.
Court Upholds Insurer’s Exclusion Clause for 'My 600-lb Life' Reality Show
The 5th Circuit affirmed an insurer's exclusion of coverage for lawsuits tied to "My 600-lb Life," citing the producer's contradictory arguments.
Marsh Appoints Christos Adamantiadis as Global Head of Placement Amid Leadership Changes
Christos Adamantiadis steps into the role of global head of placement at Marsh, succeeding John Donnelly, who will retire next year.
Florida Revises Workers’ Compensation Rules on Physician Dispensing and Immigration Verification
Florida's workers’ comp updates include new limitations on physician dispensing and mandatory immigration status screening for injured workers.
Burns & Wilcox Strengthens West Coast Presence with New Leadership Hires
Burns & Wilcox bolsters its West Coast operations by appointing Winston Rendall and Sandra Shambaugh as associate managing directors.
Arrow Financial Corp. Expands Presence with Acquisition of Skene Valley Agency in New York
Arrow Financial Corp. is set to enhance its market footprint through the acquisition of Skene Valley Agency, anticipated to close by Q3 2026.
Laura Coppola Appointed Head of Underwriting Management at Munich Re Specialty, Signaling Strategic Shift in Insurance
Laura Coppola's appointment at Munich Re Specialty marks a pivotal moment in underwriting management, promising enhanced performance in a complex market.
From Apple Music to Ledger: Ian Rogers' Shift to Digital Security
Ian Rogers, formerly of Apple Music, now leads security strategy at Ledger, a $1.5 billion startup focused on protecting digital assets.
Event Center Prevails Against Insurer in Fraud Allegation Over Protest Damage Claims
A jury ruled against Great American Insurance's fraud claims, upholding an event center's $986,000 appraisal award for damages from the George Floyd protests.
Kara Swisher's Insights on Leaving the Newsroom for Entrepreneurship
Kara Swisher emphasizes the need for a unique perspective when transitioning from traditional media to building your own business.
Current Student Loan Refinance Rates: Exploring Competitive Options for Borrowers
With fixed rates starting at 3.94% and variables at 3.65%, refinancing student loans offers potential for significant savings.
Maximizing Marketing Effectiveness: Prioritizing Value Over Automation
In 2026, effective marketing hinges on delivering genuine value and relationship-building rather than relying on automated messaging and AI strategies.
Maximizing Website Effectiveness: Key Strategies for Converting Visitors into Customers
A successful website balances design with functionality to enhance user experience and increase conversions through clear calls to action and trust-building elements.
KingsCover Insurance Services Transitions to Dominion First Insurance Services
KingsCover is now Dominion First Insurance Services, maintaining its management and focus on serving church and ministry clients.
Markel Appoints Jonathan Handen to Lead Trade Credit and Political Risk Business in the Americas
Jonathan Handen has been appointed head of trade credit and political risk for Markel in the Americas, succeeding retiring executive Arjan van de Wall.
Jencap Strengthens Position with Acquisition of Concorde General Agency
Jencap Group expands its market presence by acquiring Concorde General Agency, enhancing its portfolio in personal and commercial insurance lines.
Kevin O’Leary on Productivity: Focusing on What Really Matters
Kevin O’Leary shares productivity insights from Steve Jobs, emphasizing the importance of prioritizing key tasks over distractions for effective work.
New York Plans Mandatory Approval for Auto Insurance Rate Increases
New York's proposed regulation requires auto insurers to secure prior approval for rate hikes, aiming to enhance transparency and protect consumers.