The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co's (BA) 737 MAX jets following two fatal crashes, insurance executives said this week.
Consumer advocates had feared that the agency would make the database private. The Consumer Financial Protection Bureau is keeping its consumer complaints database public, in a surprising move that may assuage advocates' concerns. The agency said Wednesday that it will continue to publish consumer complaints publicly, but that it was also make significant changes to the database.
RegEd, the leading provider of compliance technology solutions to insurance companies, broker-dealers and other financial services firms, is pleased to announce its participation in the Association of Insurance Compliance Professionals Annual Conference 2019 in Denver, CO, Sept. 22-25, 2019.
The ratings agency Standard & Poor's on Wednesday downgraded the outlooks for a handful of unlisted yet large German banks amid growing risks to the sector. DekaBank, an important player in the nation's savings bank sector, and DZ Bank, a pillar of Germany's cooperative banks, were among the financial institutions that had their outlooks downgraded to "negative" from "stable".
Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced it has been named for the second consecutive year in the annual Best Places to Work in Insurance program, which recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow.
CognitiveScale, the leader in practical, scalable and trusted AI software, today announced the industrys first AI vulnerability detection and risk management product to address growing customer needs for managing AI transparency and business risks.
Global M&A activity in telecoms infrastructure is showing little sign of cooling, with an estimated US$62 billion of significant sized deals expected to come to market before the end of 2019, according to recent analysis by TMT Finance, the leading news service for mergers and acquisitions in the telecoms, technology and media sectors.
Federal National Mortgage Association : * FANNIE MAE (FNMA) - FAVORABLE RATE ENVIRONMENT EXPECTED TO SUPPORT INCREASED REFINANCE MORTGAGE ACTIVITY. * FANNIE MAE (FNMA) - GROWING EXPECTATIONS THAT MORTGAGE RATES WILL REMAIN FLAT OR DECLINE ARE REFLECTED IN HPSI'S LATEST READING. * FANNIE MAE (FNMA) - EXPECT HOUSING MARKET ACTIVITY TO REMAIN RELATIVELY STABLE Source text for Eikon: Further company coverage:
The U.S. banking sector reported $62.6 billion in profits for the second quarter of 2019, a 4.1% increase from the year-ago period, according to data from the Federal Deposit Insurance Corporation. The FDIC said the profits were driven by higher net interest income.
A U.S. banking regulator on Thursday said more farmers were falling behind on loans held by community banks compared to a year earlier and that it was watching risks in the agriculture sector. In a quarterly report on the health of U.S. banks, the Federal Deposit Insurance Corporation did not directly refer to the Trump administration's trade war with China which began in 2018.
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