FDIC Says Tougher Rules Coming for Banks Over $100B in Size June 22, 2023 By Pete Schroeder The head of the Federal Deposit Insurance Corporation said Thursday that bank regulators are considering applying an upcoming set of...
Appeals Court Upholds Lindberg Fraud Judgment But Orders Damages to Be Determined June 22, 2023 Former insurance executive and businessman Greg Lindberg was found liable for fraud in 2022 in connection with his insolvent insurance...
People Moves: BMS Re Names O’Brien as VP in Bermuda; Guy Carpenter Appoints Howden Tiger’s Warwick as Head of GC Access Asia Pacific June 22, 2023 This edition of International People Moves details appointments at reinsurance brokers BMS Re and Guy Carpenter. A summary of these...
Sedgwick Launches Power and Energy Division in UK June 22, 2023 Sedgwick, the Memphis, Tenn.-based loss adjuster, has launched a new power and energy division in the UK, under the leadership...
Lawsuit: Insufficient Testing of Titanic Sub Put Passengers in ‘Potential Extreme Danger’ June 22, 2023 By Gene Johnson and Robert Jablon The company whose submersible vanished in the North Atlantic on a tourist dive to the wreck of the Titanic was...
Florida Homeowner Charged for Double-Dipping on Kitchen Water Damage Claim June 22, 2023 A homeowner in Florida has been charged with fraud after failing to report a previous claim on her house, the...
Q1 Traffic Fatalities Down 3.3%, Says NHTSA June 22, 2023 Projections from the National Highway Traffic Safety Administration (NHTSA) indicate first quarter traffic fatalities are down 3.3% compared to the...
Winners of 2023 Insurance Innovation Awards Announced by Accenture, Qorus June 22, 2023 The winners of the eighth annual Qorus-Accenture Innovation in Insurance Awards have been announced. The awards, which honor the best...
Hawaii Volcano Stops Erupting, Ending Lava Show June 22, 2023 The nearly two-week eruption of a Hawaii volcano, one of the most active in the world, has come to a...
Georgia Shop Owner Who Paid Worker 91,500 Oily Pennies Ordered to Pay $40,000 More June 22, 2023 The owner of an auto repair shop who paid a former employee with 91,500 oily pennies has been ordered by...