A judge has approved freezing the remaining assets of a former Vermont ski resort owner who is being investigated on suspicion of investment fraud. Michael Pieciak, commissioner of the state Division of Financial Regulation, tells the Caledonian Record the judge …
The New York Department of Financial Services (DFS) has advised its regulated insurers to encourage policyholders that investing in commercial global positioning system (GPS) equipment could reduce motor vehicle collisions and result in lower insurance premiums. This move comes after …
A New Jersey chiropractor whose license was revoked more than 15 years ago is now headed to prison for his role in a medical fraud ring that stole nearly $4 million from insurance companies. Philip Potacco received a seven-year sentence …
Republicans on the U.S. House Agriculture Committee on Thursday called for changes to the government’s food assistance program for the poor, in a package of long-awaited proposals for the next U.S. Farm Bill that could complicate its passage through Congress. …
Central bankers have been dubbed “masters of the universe” for the tools and powers they have acquired since the financial crisis. Some of them now want to play a more active role in the fight against climate change. Monetary authorities …
A U.S. judge in Philadelphia has ruled that limousine drivers for Uber Technologies Inc. are independent contractors and not the company’s employees under federal law, the first ruling of its kind on a crucial issue for the ride-hailing company. U.S. …
Cyberattacks are an increasingly common threat to business, with risk officers listing cybersecurity as their greatest concern and more than 2,200 confirmed data breaches in 2017, according to a new report from Verizon. The headlines about hacking often focus on …
One of India’s biggest cryptocurrency trading platforms has lost about 438 Bitcoins worth some 190 million rupees ($3 million), allegedly due to a rogue employee. An official at Delhi-based Coinsecure was extracting Bitcoin to distribute to customers and he claims …
Specialist insurer Beazley has appointed Lucien Mounier to head its Asia Pacific operations. He moves from Paris where, for the past two years, he has been responsible for managing and growing Beazley’s portfolio of cyber and technology business in France, …
Leading bankers warned on Thursday that Britain is yet to feel the real impact of Brexit which will undermine its status as a global finance center as companies prepare to shift jobs out of London to preserve access to Europe’s …
