Florida Regulators Unveil Ratings Crisis Solution: Let Citizens Reinsure Carriers

New You can now listen to Insurance Journal articles! Florida’s insurance commissioner announced today that his office has found an “unprecedented solution” to the pending property insurer rating crisis – let Citizens Property Insurance Corp. provide a level of reinsurance to companies in case they are downgraded, at least temporarily. Insurance industry advocates called it … Read more

Fed to unveil another big rate hike as signs of economic slowdown grow

Breadcrumb Trail Links PMN Business Author of the article: Article content WASHINGTON — With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shift to how deeply signs of an economic slowdown have registered with its policymakers. The anticipated increase … Read more

PM to address NIIO seminar Swavlamban today, will unveil SPRINT challenges

Prime Minister Narendra Modi will address the Naval Innovation and Indigenisation Organisation (NIIO) seminar ‘Swavlamban’ on Monday at 4 A key pillar of Aatmanirbhar Bharat is attaining self-reliance in the Defence Sector, the Prime Minister’s Office informed today highlighting the details of the event. To further this endeavour, … Read more

PM Modi to unveil Bihar Assembly building centenary pillar today

Prime Minister Narendra Modi will unveil the centenary memorial pillar of the Bihar Assembly building on Tuesday to mark the conclusion of the one-year centennial celebration of the state legislature building. The PM Modi is scheduled to reach Patna airport at 5 pm from Jharkhand’s Deoghar and expected to … Read more

Verdant Commercial Capital, Synovus Bank unveil equipment leasing program

“We are excited to partner with the bank’s commercial equipment leasing team to deliver a value-added solution for their clients,” said Brian Lowe, chief commercial officer of Verdant Commercial Capital. “This product fills a need for Synovus’ relationship managers to offer fast, flexible, competitive equipment financing to their commercial clients, and we are looking forward … Read more

PM Modi to unveil freedom fighter Alluri’s statue in Andhra’s Bhimavaram

Prime Minister Narendra Modi on Monday left for Andhra Pradesh’s Bhimavaram to attend the 125th birth anniversary celebrations of freedom fighter Alluri Sitarama Raju. Prime Minister will also unveil a 30-feet tall bronze statue of Alluri Sitarama Raju on the ocassion. “Leaving for Bhimavaram to attend a very … Read more

Lawmakers to unveil bill barring US data flows to high-risk countries

(Reuters) — A bipartisan group of U.S. senators plans to introduce legislation on Thursday that would give the Biden administration the power to block exports of U.S. personal data to countries like China that they say pose national security risks.  The bill, cosponsored by Finance Committee chair Ron Wyden, a Democrat, and Marco Rubio, the top … Read more

Gov to unveil Section 21 eviction ban and new private renters ombudsman

The UK government is set to publish the Fairer Private Rented Sector White Paper later today which will unveil plans to ban Section 21 evictions and see the creation of an ombudsman for private renters.  The whitepaper will aim to redress the balance between landlords and 4.4m tenants in the private rented sector (PRS). The … Read more

U.S. Senators Unveil Bill to Regulate Cryptocurrency

New You can now listen to Insurance Journal articles! A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC). The bill, introduced by Republican Senator Cynthia Lummis, one of Congress’ most vocal cryptocurrency … Read more

US senators unveil bill to regulate cryptocurrency

(Reuters) — A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission.  The bill, introduced by Republican Sen. Cynthia Lummis, one of Congress’ most vocal cryptocurrency advocates, and Democratic Sen. Kirsten Gillibrand, marks one of the … Read more