The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies. Codified at 23 NYCRR ยง500, the law became effective on March 1, 2017, and requires insurance and insurance-related companies as well as brokers, agents …
Insurers in over 100 countries face a “once in a lifetime” accounting change from January 2021 with the introduction of a uniform international book-keeping standard, details of which will be published on Thursday. Twenty years in the works, the new …
The Cybersecurity Requirements for Financial Services Companies (cyber rules) promulgated by the New York Department of Financial Services went into effect on March 1. Now, insurance companies, agencies, brokerages and producers (insurance professionals) doing business in New York, even those …
The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) reported that San Francisco-based employee benefits products and services provider, Zenefits, has agreed to pay a penalty of $62,000 for violations of Missouri law. The department said YourPeople Inc., …
At the American Society of Workers’ Compensation Professionals (AMCOMP) Fall Meeting held recently in New York, Mark Walls, vice president of communications and strategic analysis at Safety National, and Kimberly George, senior vice president at Sedgwick, discussed a lack of …
More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis. People put forward for chief executive, chairman and for a handful …
The California Department of Public Health does not try to determine how nursing home chains compare on key quality measures even though the information would be valuable and potentially life-saving for consumers, a newspaper in the state capital reported Sunday. …
A Nebraska-based insurance company that is being fined $325,000 for violating South Dakota laws and regulations says it has taken steps to ensure it is in full compliance. Omaha-based Ability Insurance says in a statement that the company remains committed …
AssuredPartners, Inc. and its Employee Benefits Committee for Affordable Care Act Compliance has formed a new partnership with national law firms BakerHostetler and Proskauer to provide Affordable Care Act compliance counsel to clients of AssuredPartners’ platform companies. BakerHostetler and Proskauer …
Six school districts in Arizona have done compliance work to avoid hefty federal fines for asbestos violations. The U.S. Environmental Protection Agency fined the school districts a combined total of nearly $95,000. More than 15,000 children attend the 25 schools …
