Cryptocurrency broker Digital Surge goes into administration, as the FTX fallout continues – ABC News

Tens of thousands of Australianinvestors with superannuation and savings tied up in cryptocurrency remain in suspense, as a major Australian broker collapses into voluntary administration. Key points: Brisbane-based cryptocurrency broker Digital Surge has gone into voluntary administration The company is proposing a “rescue plan” but this would need to be approved by its 30,000 creditors…

More insolvencies possible without immediate Florida reforms: AM Best – Reinsurance News

Analysts at AM Best have warned ahead of the second special session of Florida lawmakers that further insurer insolvencies are possible if immediate and substantive long-term reforms arent realised. Source: Rebecca Blackwell, AP Governor of Florida, Ron DeSantis, has called the session in order to work with the Legislature to introduce more competition and policies…

Best’s Commentary: Florida Government Seeks to Repair Property Insurance Market – Business Wire

OLDWICK, N.J.–(BUSINESS WIRE)–As Florida legislators prepare another special legislative session to help stabilize its troubled property insurance market, AM Best is of the view that without immediate and substantive long-term legislative reforms, the potential for further insurer insolvencies remains. The Bests Commentary, Florida Government Seeks to Repair Property Insurance Market, states that many market participants…

Capital Markets Union: new proposals on clearing, corporate insolvency and company listing to make EU capital markets more attractive – The European Sting

(Credit: Unsplash) This article is brought to you in association with theEuropean Commission. The European Commission has today put forward measures to further develop the EUs Capital Markets Union (CMU): to make EU clearing services more attractive and resilient, supporting the EUs open strategic autonomy and preserving financial stability. to harmonise certain corporate insolvency rules…