Bankers, executives and investors are warning Federal Reserve officials behind closed doors that record leveraged lending to companies from lightly-regulated corners of Wall Street could make any economic downturn harder to manage. With the second-longest U.S. expansion in its advanced …
Governors have a wide range of priorities they want to tackle in the coming year, from tax reform to education. Yet it’s a topic that receives less attention on the campaign trail and in their speeches that could determine their …
With the clock ticking on the National Flood Insurance Program’s authorization that is set to run out this Friday, Nov. 30, Congress is expected to renew the program short-term by taking one of several routes: passing a bill to extend …
Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance. Two firms led the startup’s Series A financing: .406 Ventures and Hudson …
Relatives of the late conservative activist Phyllis Schlafly on Monday lost their appeal to block a St. Louis, Missouri, craft brewery from trademarking the Schlafly name. In a 3-0 decision, the U.S. Federal Circuit Court of Appeals ruled in favor …
Homes in wildfire-prone areas around the U.S. could be built to better withstand blazes without increasing the cost of construction, according to a new report. The research released Tuesday was sponsored in part by the insurance industry and marks the …
The voters have spoken. Republicans have increased their slight advantage in the Senate, while Democrats have flipped the House and will now be in control there. Of course, President Trump, a Republican, still occupies the White House. Now what? What …
Burns & Wilcox has formed an exclusive partnership with London-based BreachAware, a cybersecurity company specializing in data breach research and analysis. This risk management program will serve as an extension of the cyber products and services offered by Burns & …
Advantage Insurance of San Juan, Puerto Rico, is no one’s idea of a financial colossus. But this little insurance company is making a giant bet on some of the hottest investments around: collateralized loan obligations. That a company with about …
AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global warming. AXA, Europe’s second largest insurer after Allianz, …
