Company Statements

Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the impact of the Coronavirus pandemic. Insurance Commissioner Jim Donelon has called on insurers to consider returning a percentage of premium...

The New Jersey Department of Banking and Insurance (DOBI) has implemented a process for issuing temporary licenses to eligible individuals seeking to become insurance producers during the COVID-19 pandemic. The temporary process is being implemented in order to assure the...

Dubai International Financial Centre (DIFC) Academy has entered into an agreement with the International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community, to develop local human capital in the region by...

Accenture, an Italian consulting firm that provides regulatory technology (RegTech) services and solutions to financial services firms. Accenture announced its intent to acquire the business on April 14, 2020. Financial terms of the transaction were not disclosed. NIKE Group’s data-driven...

Shipments and spending were down in the first quarter of 2020 compared to the fourth quarter of 2019, according to the U.S. Bancorp Freight Payment Indexes. “Despite the strong movement of consumer staples during the second half of March, both...

UBX, the fintech company of Union Bank of the Philippines (UnionBank), recently started deploying a rapid and remote mobile-enabled ATM solution in response to COVID-19, as part of its i2i platform. With i2i Mobile ATM, rural banks and financial...

Paytm announced the launch of novel coronavirus insurance policy in collaboration with Reliance General Insurance. The general insurer, which had launched a dedicated Covid-19 Protection Insurance cover few days ago, is being offered a group platform with a wide...