SEC Enforcement Activity Up From Last Year; One Case Affected 8,400 Investors November 7, 2019 By Pete Schroeder and Chris Prentice Enforcement activity by the U.S. Securities and Exchange Commission in fiscal 2019 resulted in $4.3 billion in fines and disgorgements,...
Bookkeeper Charged in Maryland with Embezzling $1M from Employers November 7, 2019 A woman who worked as a bookkeeper has been charged in Maryland with fraudulently obtaining approximately $1 million from her...
Imagining How Technology Might Transform Risks and Insurance by 2030 November 7, 2019 By Elizabeth Blosfield As 2019 wraps up, many in the insurance industry are likely well into planning for the next year. But what...
Alera Group Acquires Business Assets of Pennsylvania’s HR inTune November 7, 2019 Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired the business assets...
The Glatfelter Agency Hires Gormley as President of Pennsylvania Office November 7, 2019 The Glatfelter Agency (TGA), a division of Glatfelter Insurance Group, has hired Sean Gormley as the new president of its...
Uber’s Self-Driving Car That Killed Pedestrian Lacked Tech to Detect Jaywalkers November 7, 2019 By Ryan Beene and Alan Levin Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react...
Changes at Top at Lockton: Clune to Become CEO; Ron Lockton to Chairman November 7, 2019 Peter Clune will succeed Ron Lockton as chief executive officer at private global insurance broker Lockton, succeeding Ron Lockton who...
Aviva U.K. Unit Dismisses Fears that ESG Investing Hampers Financial Returns November 7, 2019 By Alice Gledhill A major U.K. institutional investor has dismissed a commonly-held fear of ESG investing — that it hampers financial returns. Aviva...
Legacy Specialist Compre Buys 2nd Portfolio from Belgium’s AG Insurance November 7, 2019 Compre, the London-based independent re/insurance legacy specialist, announced it has signed agreements to transfer an inwards reinsurance portfolio from AG...
French Search Teams Find Fragments of Airbus Engine that Exploded in Flight November 7, 2019 French volunteer search teams have found fragments from an engine that exploded in mid-air over eastern France in July, officials...