Most read stories for the week include an article on an insurance technology company topping the list of fastest-growing U.S. insurers and the European Union's new data privacy regulations raising questions and concerns in the cyber liability space.
Insurtech company tops list of fastest-growing US insurers
Pay-per-mile personal auto insurer Metromile Insurance Co. generated growth in direct premiums written of 1,061% in 2017. It topped the list of U.S. domiciled P&C groups and stand-alone entities that generated growth of at least 33% in direct and net premiums written during the year from a base of at least $1 million in 2016 premium.
NY attorney general to remain a 'feared regulator' after Schneiderman's exit
Former New York Attorney General Eric Schneiderman levied large fines against the world's biggest banks in his eight years in office, but his abrupt departure is not expected to diminish the office's reputation as a top cop in the financial regulatory space.
Trend of declining IPOs starting to reverse in Clayton's first year at SEC
Companies seem to have welcomed SEC Chairman Jay Clayton's efforts to ease the barriers to enter the public markets. The number of IPOs during his first year as chairman rose about 24% from the previous yearlong period.
I-banks eyeing lucrative fees as large-bank M&A returns
After a long drought in $1 billion-plus bank deals, three such transactions surfaced in the last two weeks and more could be on the way.
New EU data privacy rules spur questions, concerns in cyber liability space
U.S. insurance underwriters and brokers have been fielding a rush of questions related to the European Union's new data privacy regulations, which took effect May 25.
