Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed into law Senate Bill 269, which …
Companies would face more pressure to alert the public of hacks or other significant cybersecurity incidents under a new plan from the U.S. Securities and Exchange Commission. The SEC will consider a proposal on Wednesday that would require publicly-traded firms …
Kellogg said it will step up efforts to reduce planet-warming emissions in its supply chain as part of a broader initiative designed to be more environmentally friendly. Under the plan, the Battle Creek, Mich.-based food products manufacturer will require key …
The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation. Attorneys from the law firm …
The U.S. Securities and Exchange Commission has asked insurer American International Group (AIG) to provide more disclosure about how and why it assigns credit ratings to investments in its portfolio, according to letters between the regulator and the company disclosed …
The Federation of European Risk Management Associations (FERMA) has told the European Commission that it should start with “implementation and robust enforcement” of existing EU corporate governance rules on risk management, rather than creating new ones now. FERMA made the …
Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers’ personal data and to provide quick disclosures in the case of a data breach. U.S. Representative Mary Bono Mack, who has held …
