Update: China to Launch National Financial Regulator in Major Supervisory Overhaul March 7, 2023 China will set up a new financial regulatory body consolidating oversight, which analysts said was aimed at closing loopholes with...
BOE’s Bailey Says UK’s Reforms of Insurance Capital Rules Increase Failure Risk by 20% March 7, 2023 By Tom Metcalf The governor of the Bank of England has told lawmakers that the UK government’s plans to reform insurance capital rules...
FTX’s Crash Exposes Insurance Black Hole That Risks Impeding Crypto Sector Recovery March 7, 2023 By Sidhartha Shukla A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of...
Will $4 Billion Be Enough for Everglades Restoration? March 7, 2023 By Alex Harris Massive and massively expensive, it’s been touted as the “crown jewel” of Everglades restoration, the key to unlocking every other...
NY Fed Says Supply Chain Pressures Normalized in February March 7, 2023 Global supply chains have “returned to normal,” the Federal Reserve Bank of New York said on Monday, with pressures dropping...
Biden’s Cyber Plan Would Hold Software Makers Responsible in Hacks March 7, 2023 By Katrina Manson and Courtney Rozen The Biden administration is set to release an aggressive new national cybersecurity strategy on Thursday that seeks to shift the...
DOL Says It Recovered $330,000 from NC Contractor that Misclassified Workers March 7, 2023 The U.S. Department of Labor said it has recovered about $330,000 in back wages from a North Carolina contractor that...
Two Agree to Plead Guilty in Massachusetts Driver’s License Scam March 7, 2023 The former manager of a Massachusetts Registry of Motor Vehicles branch has agreed to plead guilty to federal extortion charges...
Owner of Chain of Addiction Clinics Charged With Insurance Fraud March 7, 2023 The owner of a chain of clinics treating substance abuse disorders in Massachusetts and Rhode Island, and one of the...
Citizens Faces Redo of Hole-in-Roof Claim Denial It Won on Hearsay March 7, 2023 By Andrew G. Simpson Citizens Property Insurance Corp. will face a new trial on a roof claim because its win in the first trial...