The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Oliver Baete is going to find it hard to have his cake and eat it. Three years into …
B3i, The Blockchain Insurance Industry Initiative, has announced it will build its applications and business network on the Corda blockchain platform, supplied by software firm R3. Following an extensive evaluation, which focused on the critical success factors of data privacy, …
Maryland Governor Larry Hogan is asking for a presidential disaster declaration for Maryland following heavy rainfall and flooding that hit two western counties last month. The flooding in Frederick and Washington counties was the first of two major flooding events …
Kaplansky Insurance, a Needham, Mass.-based, independent and locally owned agency, has acquired Kelleher & Mackey Insurance Agency (K&M) in Quincy, Mass. Following the acquisition, K&M will be merging into Kaplansky’s new Weymouth, Mass., location. The addition of K&M marks the …
A federal appeals court in New York says a lawsuit alleging the use of sound cannons by police constitutes excessive force can proceed toward trial. The 2nd U.S. Circuit Court of Appeals said that it agreed with a lower court …
The U.K. accounting watchdog is ramping up misconduct fines after being called useless and toothless by lawmakers irate at the failure of the accounting industry to prevent several high-profile corporate collapses. Over two days last week, the Financial Review Council …
Lee Johnson’s doctors didn’t think he’d live long enough to testify in court that exposure to Monsanto Co.’s Roundup weed killer caused his deadly cancer. But the 46-year-old is now first in line to go to trial against the agrochemical …
Insurer Liberty Holdings faced questions from South Africa’s Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack. The regulator said it was concerned about the data breach and wanted to …
The majority of people between 18 and 34 would be willing to let insurance companies dig through their digital data from social media to health devices if it meant lowering their premiums, a survey shows. In the younger group, 62 …
KPMG’s audit work in the U.K. is of an unacceptable standard, Britain’s accounting regulator said, fueling calls to reform the industry, including dismantling the “Big Four” players. In an unprecedented assessment, the Financial Reporting Council said auditors at KPMG don’t …
