Yearly Archives: <span>2023</span>

Credit Suisse ‘Seriously Breached’ Risk Management Obligations in Greensill Case

Credit Suisse Group AG “seriously breached” its risk management obligations in the Greensill Capital supply-chain financing affair, Switzerland’s banking regulator has concluded as it closed its probe against the bank. The Swiss bank was ordered to take remedial measures by …

Britain Will Seek to Reset Relations Between City of London and EU

Britain will seek to reset relations between the City of London and the European Union on Thursday, saying it will stick to high standards in finance and not do anything to undermine financial stability in the bloc in the wake …

NFL Must Face Racial Bias Claims in Open Court, Judge Rules

The National Football League and three of its teams must face claims by Minnesota Vikings defensive coordinator Brian Flores of racist hiring practices in open court, a U.S. judge in New York ruled on Wednesday while sending other aspects of …

Lawsuit Dismissed Over McDonald’s Board’s Severance Pay to Fired CEO

McDonald’s Corp’s board cannot be sued for allowing former CEO Steve Easterbrook to keep tens of millions of dollars when the restaurant chain fired him for having a relationship with an employee, a Delaware judge ruled on Wednesday. The directors …

Call Me, Maybe? The Stealth Disappearance of Social Engineering and Fraudulent Instruction Coverage

Anyone who owns a cellphone or uses an email address has received a communication from a scammer seeking to extract confidential information or trick the recipient into sending money to foreign countries. These attempts come in a variety of forms …

Mitigating Risk in the Growing Battle Against Cargo Theft

This post is part of a series sponsored by IAT Insurance Group. Cargo theft remains a prominent threat to the transportation industry. In one high-profile case in 2022, three Florida men stole approximately $9 million worth of beef and pork …

People Moves: Leavitt Group in Utah Makes Two Leadership Appointments

Leavitt Group in Cedar City, Utah named Kevin P. Grady as chief legal officer and Brooke L. MacNaughtan chief people and community officer, a newly created role. Before joining Leavitt Group, Grady was vice president and deputy general counsel at …

California Workers’ Comp Research Keys on State’s Massive Healthcare Industry

A report from the Workers’ Compensation Insurance Rating Bureau of California that examines the state’s healthcare system shows the industry also accounted for the highest share of indemnity COVID-19 claims among all industries. The WCIRB releases reports on industry sectors …

A Buyer’s Guide to Producer Management Software

This post is part of a series sponsored by AgentSync. Learn what 10 criteria to evaluate when comparing insurance producer management platforms. In this guide, we’ll cover: A strategic approach to selecting a producer compliance management software Why to begin …

Texas Utility Regulators Propose Changes to Electricity Market

The winter storm that hit Texas in February 2021 strained the state’s electricity grid so much that power had to be cut to millions of homes and businesses to prevent the grid’s complete failure. At least 200 people died, many …