New York to toughen up laws to make up for weakened CFPB

Confidentiality provisions have been significantly reinforced, covering everything from group capital ratios to Liquidity Stress Test results, which must remain confidential and may not be disclosed, subpoenaed, or used in any private civil action. The law explicitly prohibits marketing or public comparison of these results unless to correct materially false public statements.  Source link

‘What this data tells us is that AI is part of that trusted inner circle’ Source link

FCCI Insurance Group operates through more than 3,800 independent agents across 20 states and Washington, D.C. Its product line includes coverage for auto, crime, cyber liability, equipment, excess & surplus, property, general liability, inland marine, umbrella, and workers’ compensation, among others. Additionally, FCCI writes contract and commercial surety bonds in 45 states. Source link

Fast response stressed as cyber risks escalate rapidly Source link

The court, however, upheld the dismissal of Tarlton’s other claims, including false promise, promissory estoppel, fraud, and negligent misrepresentation. Those allegations centered on a letter from Great American stating it would pay part of the claim upon receipt of a signed release. The court concluded there was no binding promise to pay unless Tarlton signed,…

From Glassdoor to LinkedIn, your online presence is now part of the underwriting file Source link