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MetLife Investment Management will pay $800 million for PineBridge, which manages about $100 billion in assets, according to a statement.
December 23 -
A multi-state coalition of insurance commissioners issued a joint letter to the Department of Government Efficiency advising the closure of the Federal Insurance Office.
December 20 -
For the third time in five years, the Office of the Comptroller of the Currency issued an enforcement action against the beleaguered bank. It bars USAA from adding new products or loosening its membership criteria without evaluating the risks of getting bigger.
December 18 -
Brian Thompson, a longtime UnitedHealth Group Inc. executive, was fatally shot in midtown Manhattan early Wednesday morning in what authorities described as a targeted attack, igniting a manhunt across the city for the gunman.
December 4 -
Zurich Insurance Group AG is looking to buy companies to further boost its growing retail health, travel and wellbeing business.
December 3 -
The agency cited the closeness of the entities to Florida's government.
November 25 -
Amid steady customer growth, USAA's banking arm failed to make the investments necessary to satisfy either its regulators or some decades-long customers. Changes in the executive suite haven't fixed the problems.
November 21 -
In the coming months, a quarter of the insurance giant's 54,000 corporate employees in cities like Atlanta, Tampa and Minneapolis will be able to meet up with colleagues in offices booked by the day through a coworking platform called LiquidSpace.
November 18 -
Republicans win insurance commissioner races in North Carolina and Montana, Democrats win in Washington state and Delaware, according to Ballotpedia results.
November 6 -
Moody's believes Florida will sell bonds to help replenish the CAT fund this spring.
November 1 -
AI-backed detection tools contributed to a significant spike in the dollar amount potentially saved from fraud this year, according to the Treasury Department.
October 31 -
Liberty Mutual partners with Jaguar Land Rover; AIG expands Atlanta presence, plus more insurtech news.
October 23 -
US insurer MetLife Inc. is in advanced talks to buy PineBridge Investments' assets outside of China, people familiar with the matter said, in a deal that could be valued at $1 billion to $1.5 billion.
October 22 -
Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving fleet.
October 10 -
According to MetLife's annual Triangle Tech X (TTX) report. Sixty percent of women are likely to say they find a STEM career attractive.
October 8 -
Total insured wind and flood losses are predicted to be between $10.5 billion and $17.5 billion, according to CoreLogic. Earlier estimates placed the cost of insured damages between $3 billion and $5 billion.
October 7 -
Severe repetitive loss (SRL) properties are a growing category.
October 4 -
Federal Reserve Gov. Lisa Cook called for weighing the costs and benefits of artificial intelligence, and flagged bias and fraud as areas of concern.
October 1 -
State Farm, Allstate and Geico are top performers in digital experience, according to new research from Corporate Insight.
September 29 -
Northern Manhattan City Council Member Carmen De La Rosa wants to lower the minimum personal injury protection coverage for commercial ride-share cars in New York City from $200,000 to $50,000.
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