Associated to sell insurance business for $265 million


The Wisconsin regional said the funds will support loan growth, create an added capital buffer and support its dividend policy.


Hilltop in Texas to sell specialty insurance unit for $150 million


National Lloyds, which provides insurance for mobile homes, has a distribution network that operates in 40 states.


Fed proposes capital requirements for insurance units


The Fed is seeking feedback on a "Building Block Approach" to risk-based capital standards for firms heavily engaged in insurance activities.


Summit Financial in W.Va. sells insurance business


The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.


Why Kraninger's CFPB is mandating fewer consumer refunds


The agency has required restitution in just one of six settlements under its new director, raising questions about whether the pattern will continue.


Sterling Jewelers fined by CFPB for unauthorized credit card accounts


The company owning brands such as Kay Jewelers and Jared the Galleria of Jewelry will pay $11 million under a settlement with the consumer bureau and New York's attorney general.


Fed readying capital rule for insurance firms under its watch


The Dodd-Frank Act gave the central bank authority to set capital requirements for insurance companies that own a federally insured bank, as well as those determined to be systemically important.


Regionals won't be making any major deals. Here's why


On paper, conditions would seem favorable for regional banks to pursue acquisitions in order to overcome organic growth challenges. But executives have poured cold water on that idea in recent days.


The weak spot in banks’ cyberinsurance


A community bank in Virginia thought the $2.4 million hackers stole from its customers would be fully covered by its insurance policy, but its carrier begged to differ. Their highly technical legal fight is a cautionary tale for all bankers who assume they are sufficiently covered.


Insurance unit sale to support N.C. bank’s organic growth


Aquesta Financial Holdings expects to record a post-tax gain of $1.7 million from the sale of its insurance business.