Swedbank Slapped with Record $386M Fine for Money-Laundering Breaches March 20, 2020 By Colm Fulton, Johan Ahlander and Simon Johnson Sweden’s financial watchdog hit lender Swedbank with a record fine of 4 billion crowns ($386 million) on Thursday for serious...
NY Regs Ask Insurers for Details of Business Interruption Policies in Wake of COVID-19 March 20, 2020 By Elizabeth Blosfield The New York State Department of Financial Services (DFS) has instructed insurers to submit details of business interruption policies that...
Analysis: How a Recession Affects Return to Work by Injured Workers March 20, 2020 By John Ruser, Ph.D With the COVID-19 virus causing economic disruption, the Workers’ Compensation Research Institute would like to share the findings from a...
AXA XL Launches Insurance Policy for Autonomous Vehicles March 20, 2020 AXA XL announced the launch of an insurance solution designed to cover the risks associated with autonomous vehicles. The offering...
Southeast Insurance Regulators Issue Industry Guidance for Coronavirus Outbreak March 20, 2020 By Amy O'Connor Insurance departments across the Southeast are notifying industry representatives of updated procedures and expectations in response to the coronavirus outbreak,...
Alera Group Acquires Fall River Employee Benefits in Colorado March 20, 2020 Alera Group has acquired Fall River Employee Benefits in Denver, Colo. Terms of the deal were not disclosed. Fall River...
Judge Warns of Jury Harassment, Intimidation in N.C. Insurance Bribery Case March 20, 2020 A federal judge on Wednesday ordered two men convicted of trying to bribe a North Carolina insurance regulator not to...
South Carolina University Student Suspected of Setting 20 Campus Fires March 20, 2020 A student accused of setting an off-campus fire is the only suspect in about 20 fires set on the campus...
Life Insurers Go Slow on New Policies to Limit Coronavirus Risk March 19, 2020 By Suzanne Barlyn U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have...
California Places All Residents Under ‘Stay at Home’ Order March 19, 2020 By Dan Whitcomb and Steve Gorman California’s governor on Thursday issued an unprecedented statewide “stay at home order” directing the state’s 40 million residents to hunker...