South Dakota’s Division of Insurance has levied a $325,000 fine against a Nebraska-based insurer for violating South Dakota laws and regulations. It is the largest such fine in South Dakota history, Insurance Division officials said. It comes after a three-year …
Reports of dozens of arrests of suspected looters in tornado-ravaged areas of central Oklahoma prompted several legislators to call for increasing the penalty for taking items from victims of natural disasters. Moore police have arrested about three dozen people for …
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 …
Washington Insurance Commissioner Mike Kreidler is fining Ohio-based BCS Insurance Co. $500,000 for issuing hundreds of thousands of policies using unapproved rates and policy language. BCS Insurance has agreed to pay the fine. An additional $250,000 fine is suspended, provided …
The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Halcon Resources Corp. for two willful and seven serious safety violations following a fatality at the company’s work site in Wichita County, Texas. Proposed penalties total $189,000. Halcon …
Britain’s top financial watchdog delivered a 10-point plan to fix Libor, but stopped short of scrapping the benchmark interest rate in a much-awaited reform of a system plagued by scandal. “The system is broken and needs a complete overhaul,” said …
Federal safety regulators have cited seven construction companies for exposing workers to asbestos hazards at a San Antonio construction work site. Proposed penalties total $148,000. The U.S. Department of Labor’s Occupational Safety and Health Administration said three Miami-based contractors and …
A central Indiana glass factory faces what the state workplace safety agency calls a record $453,000 in fines for violations that weren’t corrected after a worker’s death nearly two years ago. The Indiana Occupational Safety and Health Administration imposed the …
An Oklahoma-based horizontal drilling company faces up to $55,000 in penalties for safety violations at a drilling site in Jacksboro, Texas, federal officials say. The U.S. Department of Labor’s Occupational Safety and Health Administration cited Horizontal Well Drillers with three …
Britain will expose on Friday a second scandal involving the country’s banks in as many days, as Barclays boss Bob Diamond clings to his job after regulators slapped a record fine on the lender for rigging interest rates. The Financial …
