Insurance fee income for bank holding companies set a new record in the second quarter of this year, rising more than 9 percent, according to the Michael White-Prudential Bank Fee Income Report.
Insurance fee income for bank holding companies set a new record in the second quarter of this year, rising more than 9 percent, according to the Michael White-Prudential Bank Fee Income Report.
Directors and officers exposure to increased regulatory oversight and cyber-risk issues translates into heightened concerns for executives who must pay greater attention risk management and compliance issues, say executives.
Awaiting settlement payments is one of the most common frustrations insureds experience. The good news is that there are new payment solutions available today that can accelerate the process, improve customer satisfaction, and reduce carrier costs.
Treasury Secretary Timothy Geithner is expected to be on the hot seat Thursday as both the Senate and House banking committees take turns grilling him during a long-delayed hearing on the policies and regulations of the Financial Stability Oversight Council.
Treasury Secretary Timothy Geithner is expected to be on the hot seat Thursday as both the Senate and House banking committees take turns grilling him during a long-delayed hearing on the policies and regulations of the Financial Stability Oversight Council.
Federal financial-services regulators have promised to propose soon a regulation that large property and casualty insurers hope will provide them a pathway to insignificance.
Claims frequency is not having an effect on directors and officers liability insurance pricing and coverage, according to a June analysis from insurance broker Aon, finding that the D&O market is still a buyer’s market.