by AIP Online Bureau | May 4, 2023 | Eco/Invest/Demography, International News
Fed Chair Jerome Powell The change doesn’t foreclose the central bank’s policy-setting committee from hiking rates again when it meets in June, but Fed Chair Jerome Powell said it was now an open question whether further increases will be warranted in an...
by AIP Online Bureau | Apr 24, 2023 | Data, Non-Life, Reinsurance, Risk Management
Rising policyholder awareness of the multi-faceted cyber threat continues to boost demand for coverage. Rapid recent premium growth and a reduction in claims experience in 2022 led to a strong recovery in results for the US Cyber insurance line following two...
by AIP Online Bureau | Apr 19, 2023 | International News, Policy, Technology
The government, which filed the ad tech lawsuit in January along with eight states, had argued that Google should be forced to sell its ad manager suite because it illegally abused its dominance of online advertising The Justice Department’s ad tech lawsuit followed a...
by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy
The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in decentralized finance platforms, also known as DeFi platforms that would otherwise not be subject to the regulator’s oversight...
by AIP Online Bureau | Mar 21, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation
Treasury Department staff are reviewing whether federal regulators have enough emergency authority to temporarily insure deposits greater than the current $250,000 cap on most accounts without formal consent from a deeply divided Congress, according to people with...
