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Homeowners insurance premiums rising amid mounting weather-related losses, inflation: report
FOX Business· 6 hours agoTo preserve profitability amid mounting costs, insurers have increased premiums charged to...
NYCB Sells $5 Billion in Loans to JPMorgan
PYMNTS.com· 2 days agoNew York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to...
AI Missteps Put Companies’ Credit Scores at Risk, Moody’s Says
Bloomberg Law· 3 days agoCompanies that fail to effectively deploy artificial intelligence technology will likely lose their competitive edge, lag peers and eventually end up with weaker credit quality, according to ...
Malaysian PM Anwar’s Ruling Bloc Retains Seat in By-Election
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Malaysia’s ruling coalition retained its seat in a by-election in the country’s...
Moody’s affirms ratings, outlooks for BPI and Metrobank - BusinessWorld Online
BusinessWorld· 2 days agoMOODY’S RATINGS has affirmed its ratings and outlooks for Bank of the Philippine Islands (BPI) and...
Banking on Experience: 3 Financial Stock Picks from Wall Street's Longest-Serving Guru
InvestorPlace· 2 days agoIn life, whether looking for the best financial stocks to buy or the best way to get rich quickly,...
Hurricane season nears as states prove increasingly uninsurable
Axios· 7 days agoWhy it matters: In certain states — particularly Florida, California and Louisiana — private insurers are fleeing areas considered at high risk. It's leaving so-called "residual ...
Pharrell Williams-Backed Surf-Park Project Gets Virginia Beach Funding
Bloomberg via Yahoo Finance· 22 hours ago(Bloomberg) -- Virginia Beach tapped the municipal bond market to help fund a surf-park development...
Investors in Best Hedge Fund Bet of 2023 Review Climate Assumptions
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- The risk models that helped drive one of the most lucrative bets of 2023 are...
Indian non-bank lenders' profitability to moderate in next 12-18 months, Moody's Ratings says
Reuters· 3 days agoIndian non-banking financial companies (NBFC) will see some moderation in profitability in the next 12 to 18 months due to higher funding costs, rating agency Moody's said in a report on Tuesday.