Business insurance

Best comment: Hurricane Ida losses are manageable for the insurance industry

OLDWICK, New Jersey – (COMMERCIAL THREAD) – Hurricane Ida’s track and proximity to the New Orleans area could tip insured losses further towards the commercial insurance industry, news reports AM Best report. Property damage and business interruption may contribute more to overall losses than Hurricane Laura last year, which had a bigger impact on personal […]

Consumer finance

Payday lenders are licking their chops in anticipation of further loan increase

AUBURN, Calif .– (COMMERCIAL THREAD) – As pandemic unemployment benefits expire and moratoriums on evictions, car foreclosures and collection of student loans and other financial obligations rise, payday lenders eagerly anticipate a wave of news loan activities. “The payday lending industry saw a 40% drop in lending in 2020,” said Lyle Solomon, Senior Counsel for […]

Consumer services

The Best Consumer Discretionary Stocks to Buy Now? 4 names to know

4 consumer discretionary stocks to watch in September 2021 As we approach the end of this trading week, the broader stock market appears to be edging higher. While investors may be on the alert following a speech by Fed Chairman Jerome Powell, consumer discretionary stocks remain viable games. Namely, consumer discretionary continues to shine throughout […]

Business insurance

Align Financial Holdings acquires NationsBuilders Insurance Services

SAN DIEGO – (COMMERCIAL THREAD) – Align Financial Holdings, LLC (“Align”), a leading underwriting authority for general agencies and specialty programs, today announced the acquisition of NationsBuilders Insurance Services, Inc. (“NBIS »), An underwriting manager specializing in risk management, expertise in underwriting and claims management for the cranes and rigging sectors, specialized transport, rental of […]

Online security

3 tests to guarantee zero trust network security

The COVID pandemic has highlighted the challenges of ensuring security on an expanding corporate network forced to support more and more remote workers, an ever-increasing diversity of devices and frequent mobility. Praveen Jain, founder and CEO of cloud networking startup WiteSand, spoke with ESecurity planet on the challenges of maximizing safety in today’s environment, the […]

Online security

Annke Network Video Recorder Vulnerability Could See Attackers Take Control Of Security Cameras

Malicious hackers could access and delete images or disable cameras A remote code execution (RCE) vulnerability in a network video recorder (NVR) manufactured by Annke could result in a complete compromise of the IoT device. Critical flaw (CVE-2021-32941) was discovered in the playback functionality of the N48PBB model NVR, which captures and records live feeds […]

Business insurance

Manage complex business risks with CNA’s Oneworld +

CNA’s Oneworld + ® is designed to meet the commercial insurance needs of Canadian businesses with modern, competitive policy wording and built-in coverage extensions tailored to specific industry needs. It provides standard basic coverages, such as property, commercial liability, workers’ compensation and employer liability, crime, directors and officers, business income, equipment failure. , inland shipping […]

Consumer services

China “plans to ban” overseas IPOs for data-hungry tech companies, offers algorithm checks – business live | Business

China’s tech bosses are among its wealthiest citizens, and they are very much in Xi’s sights. Social and gaming giant Tencent boss Pony Ma is esteemed by Forbes worth $ 43 billion (£ 31 billion). His counterpart Jack Ma, founder of Alibaba, is not far away with $ 41 billion. With the money came power […]

Consumer finance

Golden Valley Moves Forward with Restrictions for Payday Lenders and Pawnbrokers | Community

Golden Valley City Council took action on Aug. 17 to protect its community from “predatory lenders” through zoning bylaws. An amendment to the city code, which will be the subject of a second hearing and a final round of approvals at an upcoming meeting, will limit where payday lenders, money changers, lenders pawn shops and […]

Business insurance

Cowbell Cyber ​​shakes up the sector with industry first

“The entire insurance industry is reinventing itself by embracing a digital-centric model,” said Rajeev Gupta, co-founder and CPO at Cowbell Cyber. “We are proud to be the first to open our digital pricing process to link cyber partners with digital partners and to provide instant coverage to small and medium businesses through our Cowbell Prime […]

Consumer services

Gain a comprehensive understanding of consumer trends in the online food and beverage market

Dublin, Aug 24, 2021 (GLOBE NEWSWIRE) – The report “The Future of Grocery: Online Grocery, Meal Kits, & Direct-to-Consumer Food” has been added to ResearchAndMarkets.com offer. The Future of Groceries: Online grocery shopping, meal kits, and direct-to-consumer foods is the go-to source for a full understanding of U.S. consumer trends in the online food and […]

Online security

Hong Kong’s censorship law to check old films for national security breaches

Hong Kong will scrutinize films made for breaches of national security under a new strict censorship law announced Tuesday in the latest blow to the financial center’s political and artistic freedoms. Authorities have embarked on a sweeping crackdown to stamp out criticism of Beijing after huge and often violent democracy protests rocked the city two […]

Online security

MSHP Provides Summary Of New State Laws | Crime and courts

Offense of illegal publication of certain information online (Section 565.240 RSMo) Currently, it is a Class C misdemeanor if a person commits the offense of illegally posting certain information on the internet if they knowingly post name, home address, security number social or telephone number of any person on the Internet intending to cause grievous […]

Consumer services

Closing a deceptive charity operation

MADISON, Wisconsin (WBAY) – Investigators in Wisconsin and across the country have announced that an operation that flooded people with deceptive calls and bogus fundraisers has been closed. Wisconsin Attorney General Josh Kaul announced that the Wisconsin Department of Justice, Federal Trade Commission and officials from 37 states have put an end to robotic calls […]

Business insurance

Xiaomi will soon offer gold loans, credit cards and insurance products: Manu Jain

Xiaomi plans to expand its presence in the country’s credit market with the help of offers such as gold loans, credit cards. The company is also planning to introduce insurance products. Xiaomi India chief Manu Kumar Jain, in an interview with PTI, shared some details on the upcoming financial services planned by the Chinese company. […]

Consumer services

Nine’s streaming platform Stan takes center stage as Hollywood twists the plot

When Nine Entertainment Co boss Mike Sneesby presents the company’s annual financial results on Wednesday, many eyes in the media industry will be on the streaming service he built from scratch. With an estimated value of around $ 1 billion, Stan contributes a significant portion of Nine’s $ 5 billion market value. He is considered […]

Consumer rights

Public ‘in the dark’ of UK Brexit trade deals, poll finds

More than two-thirds of the British public feel “left in the dark” about the impact the government’s post-Brexit trade deals will have. International Trade Secretary Liz Truss has been tasked with crafting tailor-made agreements. But while a slew of renewal deals with countries have been made, reflecting the conditions that were initially in place when […]

Business insurance

Partners & uses a familiar insurance name for a management position

Certified insurance broker Partners & today announced the appointment of Ross Dingwall (pictured) as Managing Partner (Scotland). He will report to Aaron Devitt and join the group’s management team on November 1, which the company says underscores their commitment to growing their business through talent acquisition. Dingwall joined Hiscox where he had held several positions […]

Consumer finance

Payday lenders prepare for less risky post-pandemic borrowing

Payday lenders who have become unwitting victims of the pandemic are anxiously awaiting the end of most government assistance programs, but those who follow the industry say some high-cost loans may never fully bounce back. The passage by Congress in the past 18 months of improved unemployment benefits, federal stimulus payments, a moratorium on evictions, […]

Consumer services

Exclusive: IKEA Shopping Malls Launch Housing With New Center In China

STOCKHOLM, Aug. 10 (Reuters) – IKEA’s shopping center business, one of the world’s largest, has started the process of selling some 500 apartments in its first-ever mixed-use commercial and residential development in Changsha , in southern China. Cindy Andersen, managing director of Ingka Centers since February, said in an interview that she expected apartment buyers […]

Online security

East Africa Food Security Outlook, June 2021 to January 2022 – Burundi

Severe food insecurity is expected until early 2022 due to conflict, weather and economic shocks KEY MESSAGES • Food insecurity ranges from severe to extreme in conflict-affected areas in Ethiopia, South Sudan and Yemen, where millions of people are in urgent need of humanitarian food assistance. In Ethiopia’s Tigray region, emergency outcomes (IPC Phase 4) […]

Business insurance

Health insurance company uses scans to spot members in need

UnitedHealthcare uses predictive analytics to research patients’ social determinants of health needs, then work with them to help them improve their social and health outcomes. Karen Roby of TechRepublic spoke to Rebecca Madsen, Director of Consumers for UnitedHealthcare, about how the company is using predictive analytics to improve performance. social determinants of health. The following […]

Consumer services

Affired Housing’s supportive community, Stella, welcomes elected officials for roundtable discussions

SAN DIEGO, August 9, 2021 / PRNewswire / – Enabled Friday, July 30, 2021, Secretary Lourdes M. Castro Ramírez of the California State Business, Consumer Services and Housing Agency met with local elected officials and executives at that of San Diego supportive housing community, Stella. The establishment organized a round table on California investments to […]

Consumer rights

Aftermarket University Foundation Welcomes Spare Parts Authority as New Lifetime Trustee

The University of the Aftermarket Foundation (UAF) welcomes Parts Authority as a new Life Trustee and thanks them for their generous support. Click here to read more “We are honored and excited to give back to the automotive aftermarket, an industry that has given us so much,” said Randy Buller, President and CEO of Parts […]

Online security

3 strategies to secure your digital supply chain

In July, REvil, a Russian cybercriminal gang, successfully shut down the computer systems of 800 Swedish grocery stores, a few New Zealand schools, two municipalities in Maryland and a thousand other businesses around the world. Attackers discovered that Kaseya, software used by IT service providers to remotely manage corporate networks, had numerous cybersecurity vulnerabilities. By […]

Consumer finance

Golden Valley considers stricter regulations for pawn shops and payday lenders

4:02 p.m. | Monday, August 9, 2021 Should cities have stricter regulations for pawn shops, precious metals dealers and small payday lenders? This is an issue that Golden Valley will consider. The city is studying possible zoning changes to better regulate these businesses. Currently, they are permitted in commercial zoning districts. Golden Valley city council […]

Consumer rights

As Spirit Airlines cancels more flights, know your rights as a passenger

Stranded travelers seek the light at the end of the cancellation tunnel Jennifer Holton Reports TAMPA, Florida – Queues of passengers eager to return home continued to form at the Spirit counter at Tampa International Airport on Friday. As the airline’s cancellation debacle spanned its sixth day, the airport reported a total of 148 cancellations […]

Online security

PM appoints cybersecurity expert to lead vaccine certification

On Friday, the federal government took another step toward certifying vaccines for Canadians wishing to travel outside the country when restrictions ease. In addition to a negative polymerase chain reaction (PCR) test – the PCR test is considered the ‘gold standard’ for detecting active COVID-19 infections – before departure, many countries also require proof of […]

Business insurance

New York judge dismisses restaurant chain COVID-19 BI lawsuit

A New York judge has agreed to dismiss the COVID-19 business disruption litigation filed by a Dallas-based restaurant chain against a unit of Swiss Re Ltd. New York Supreme Court judge Jennifer G. Schecter sacked Consolidated Restaurant Operations Inc. v. Westport Insurance Corp. in a one-page order Wednesday. Consolidated Operations said in a complaint filed […]

Consumer finance

National Payday Relief has a plan to get its customers to say goodbye to those aggressive phone calls from lenders

OAKLAND PARK, Florida (PRWEB) 06 Aug 2021 The consumer loan industry in the United States has grown significantly over the past decade. This industry is made up of hundreds of private payday lenders. The Covid-19 pandemic has resulted in job losses, business closures, wage cuts, which have made households desperate for payday loans. These loans […]

Consumer services

New York Attorney General issues consumer alert on fake COVID-19 vaccination cards

Tampering with a vaccination card violates federal and New York state laws. NEW YORK – New York Attorney General Letitia James has issued a consumer alert on fake COVID-19 vaccination cards. The alert details how the sale and distribution of blank or falsely filled vaccination cards pose a serious threat to communities and will slow […]

Consumer rights

Privacy Legislation: Data Broker Regulatory Authority | Womble bond dickinson

Each year, several privacy bills are presented to Congress, and each year, several privacy bills never leave committee. Members of Congress tout the importance of online privacy to Americans, but fail to put words into action. This time it may be different and the regulatory structure put in place is essential to protect personal data. […]

Business insurance

AM Best degrades the credit ratings of Kingstone Insurance Company and Kingstone Companies, Inc.

OLDWICK, New Jersey – (COMMERCIAL THREAD) –AM Best downgraded the financial strength rating to B + (good) from B ++ (good) and the issuer’s long-term credit rating (long-term ICR) to “bbb-” (good) from “bbb” (good) of Kingstone Insurance Company (KICO) (Kingston, NY). At the same time, AM Best lowered the long-term ICR to “bb-” (Fair) […]

Online security

Universities warned to be vigilant against cybersecurity threats from editorial factories

UK institutions must be vigilant against emerging cybersecurity threats from test factories, a university watchdog has warned. The Higher Education Quality Assurance Agency (QAA) said essay writing services could “fool students” and make money by hacking university websites and placing content that seems legit. Attackers of trial mills typically write on student pages with hyperlinks […]

Consumer finance

CFPB files motion to lift suspension of payment provisions in 2017 payday rule

The Consumer Financial Protection Bureau (CFPB) recently filed a motion to lift the suspension of the compliance date for the “payment arrangements” in the Payday rule, vehicle title rule, and some high cost installment loans (CFPB Payday Rule) first published in November 2017. The CFPB Payday Rule contains two main types of provisions: provisions relating […]

Online security

Network security specialist Anxinsec raises $ 15 million as Beijing targets data management

Network security specialist Anxinsec raises $ 15 million as Beijing targets data management Network security specialist Anxinsec Technology has raised more than 100 million yuan ($ 15 million) in a Series A funding round that valued it at 1 billion yuan. Led by GL Ventures of Hillhouse Capital, the new round has attracted several other […]

Business insurance

Star Entertainment loses business interruption insurance case

By Alice Uribe SYDNEY – The Sydney casino owner was unable to persuade an Australian court to support a claim on his business interruption insurance policy for losses resulting from a government-ordered shutdown in pandemic response. The federal court rejected Star Entertainment Group Ltd.’s argument. that its business interruption policy is valid because the government […]

Consumer rights

DOD publishes review of supply chain resilience for critical materials

Related practices and jurisdictions As part of the Biden administration’s 100-day assessment of US supply chains, the Department of Defense (DoD) in June released its review of some “strategic and critical materials” that are key ingredients of electronics and green technologies. Supply chain resilience is an increasingly important area of ​​environmental, social, and governance (ESG) […]

Online security

The very first free accident protection for online shoppers

NEW YORK, August 3, 2021 / PRNewswire / – Mulberry, the people-focused product protection company, today announced its latest offering, MulberryCare, the first-ever free crash protection program available to online shoppers. Ripe With MulberryCare, shoppers can now enjoy 12 months of free protection against product defects, drops, spills, stains and more on their purchases wherever […]

Consumer services

Emerging Payments Association attacks FCA consumer rights proposals

The Emerging Payments Association (EPA), which promotes collaboration and innovation in payments, today released a document containing community responses to CP21 / 13 “A New Consumer Duty” call for evidence. the Financial Conduct Authority (FCA), highlighting how another Consumer Obligation is unlikely to strengthen customer focus for payment companies that fail to deliver sufficient value, […]

Consumer rights

China is cracking down on the private sector. It could trigger political instability

What exactly is going on in China? Since last October, the CCP-led government has launched crackdowns against some of China’s most dynamic industries like technology and education and their world-class businesses. On July 26, the government announced the launch of a special six-month campaign to regulate its Internet industry. Xinhua said the campaign “targets issues […]