Repayment of insurance customers stopped - Stop Sign

Regulators decline Wells Fargo’s strategy to repay insurance customers

American regulators have rejected the bank’s repayment plan to borrowers who were unfairly sold coverage. The Office of the Comptroller of the Currency (O.C.C.) has…

Allstate Foundation Purple Purse - Fundings - Money

Allstate Foundation Purple Purse awards $1.25 million to its cause

The insurer’s foundation supports programs empowering victims of domestic violence and financial abuse. The Allstate Foundation Purple Purse initiative recently announced it was awarding $1.25…

Lloyds of London insurance - cryptocurrencies

Lloyds of London insurance giant takes its first steps into cryptocurrencies

The marketplace is making this move without doing much in terms of announcements. Lloyds of London insurance market has started taking steps into the cryptocurrency…

Catastrophe loss estimate - Destruction - American Flag

Allstate releases its catastrophe loss estimate for July 2018

The American insurance giant released the announcement of loss as well as its future predictions. The Allstate Corporation recently released its catastrophe loss estimate for…

Insurance strategy - Brexit

Chubb insurance strategy braces for Brexit through corporate structure conversion

Chubb European Group S.E and Ace Europe Life S.E have both converted to Societas Europaea. As of July 19, 2018, both Chubb European Group S.E…

Cryptocurrency insurance - digital information

Banks are selling customized cryptocurrency insurance packages to businesses

According to a recent Bloomberg Report, several insurers are offering these custom products. A number of large insurers are now quietly selling cryptocurrency insurance packages…