U.K. Aims to Ensure Post-Brexit Strength of Financial Services Sector: Minister October 28, 2019 By Huw Jones Britain will do whatever it can to ensure that its financial sector remains a major global player after Brexit, financial...
Blackstone’s Lombard Could Face Legal Issue with $1B-Plus of Unsigned Policies October 28, 2019 By Neil Weinberg and Karin Matussek For nearly a decade, Lombard International sat on a secret. It began to unravel in May 2016 when a wealthy...
Connecticut Woman Pleads Guilty to Stealing $370K from Former Employer October 28, 2019 A Connecticut woman has pleaded guilty to embezzling about $370,000 from her former employer. Federal prosecutors say 36-year-old Lydia Cabrera,...
Lloyd’s Insurer AEGIS London Launches Digital Trading Division October 28, 2019 Lloyd’s insurer AEGIS London has launched a digital trading division, dedicated to building and distributing digital products. Tom Squires, AEGIS...
Philadelphia Businessman Sentenced to 17 Years in Prison for $34M Fraud October 28, 2019 A Philadelphia businessman who amplified the size of his legal benefits firm to gain more than $30 million in loans...
WCRI Study Examines Impact of Reforms on New York Workers’ Comp System October 28, 2019 The Workers Compensation Research Institute (WCRI) has released a new report for policymakers and system stakeholders to track the performance...
Johannesburg City Hit by Hackers Who Demanded Bitcoin Ransom October 28, 2019 By Roxanne Henderson and Jacqueline Mackenzie The City of Johannesburg shut down its website and billing systems after a group hacked into the authority’s system and...
Boeing 737 Max’s Design, Pilot and Regulatory Errors Caused Lion Air Crash October 28, 2019 By Harry Suhartono, Fathiya Dahrul and Alan Levin Indonesian investigators found sweeping problems and missteps in connection with last year’s fatal Lion Air crash, including design flaws in...
EU Agrees to Delay Brexit Until Jan. 31, as U.K. Parliament’s Impasse Continues October 28, 2019 By Gabriela Baczynska and John Chalmers The European Union agreed a three-month flexible delay on Monday to Britain’s exit from the bloc as Prime Minister Boris...
Senators Introduce Safety Legislation to Address Boeing 737 Issues October 28, 2019 By David Shepardson Two Democrats on the U.S. Senate Commerce Committee on Thursday introduced legislation to mandate numerous aviation safety recommendations in the...