Rethink Needed on How to Regulate Big Tech in Finance Services: BIS Official February 8, 2023 By Huw Jones A rethink is needed on how to directly regulate activities of Big Tech companies in financial services, given their size...
Americanas’ $4B Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record February 8, 2023 By VinÃcius Andrade, Barbara Nascimento and Amanda Iacone A $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn’t catch...
Ruff Ruling for Nationwide: Ohio Court Says Insurer Must Cover Canine Bite February 8, 2023 By Ezra Amacher An Ohio Court of Appeals panel said that Nationwide must indemnify a canine owner whose bulldog bit a passer-by, ruling...
UK’s Royal Mail Faces Threat From Ransomware Group LockBit February 8, 2023 UK’s Royal Mail is facing a threat from ransomware group LockBit, according to information published on a website, at a...
Quake Latest: Turkey Declares Emergency Rule; Death Toll Rises Across Turkey, Syria February 8, 2023 By Bloomberg News Turkey declared a three-month state of emergency in areas struck by two massive earthquakes earlier this week, allowing the government...
Viewpoint: Interest in America’s World-Class Crop Insurance Continues to Grow February 8, 2023 By Marcia Bunger Now standing firmly one month into 2023, we can look back at the previous year with pride that we were...
Wells Fargo to Pay $300M to Settle Suit Over Auto Insurance Disclosures February 8, 2023 By Jody Godoy Wells Fargo & Co. agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it...
People Moves: Liberty Mutual Hires Larson From CNA; Markel Names Gendron CFO; Chaplick Joins Risk Strategies February 8, 2023 Liberty Mutual Appoints Larson President, Financial Lines Liberty Mutual Insurance has appointed Paul Larson as president, financial lines for its...
Rogner, Helwig Named to Workers’ Comp Charity Board in Florida February 8, 2023 Kids’ Chance, a charity organization established by the the workers’ compensation industry, has named new board members for its Florida...
Brown & Brown Won’t Get Change of Venue in Coverage Gap Lawsuit by Property Firm February 8, 2023 By William Rabb Daytona Beach-based Brown & Brown Insurance, often called one of the largest and fastest-growing insurance brokerages in the United States,...