Monthly Archives: <span>November 2018</span>

British, Dutch Regulators Fine Uber for 2016 Cyber Attack

British and Dutch regulators on Tuesday [Nov. 27] fined ride-hailing service Uber for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users. Names, mobile phone numbers and email addresses were compromised in the breach, …

UK’s EU Draft Divorce Deal Preferable to No-Deal Brexit, Says FCA

Britain’s draft divorce settlement with the European Union is preferable to a no-deal Brexit even though this would leave it without a say over EU financial rules, its finance industry watchdog said on Thursday. The Financial Conduct Authority’s report was …

Justice Department Vows to Pursue Individual Executives in Corporate Crime Cases

The U.S. Justice Department will make executive accountability a part of every investigation of corporate wrongdoing, Deputy Attorney General Rod Rosenstein said. “Under our revised policy, pursuing individuals responsible for wrongdoing will be a top priority in every corporate investigation,” …

Democrats’ Climate Change Concern Ebbs When Congress Faces Flood Insurance

A Congressional stalemate over flood insurance highlights the difficulty of enacting the type of reforms urged last week in a U.S. government report on climate change — even for Democrats, who embraced the report’s findings. The heavily indebted National Flood …

Judges Weigh Consolidating Firefighting Foam, Other Water Chemical Lawsuits

Creating a massive lawsuit over cancer-linked chemicals found in around a third of Americans’ drinking water got a skeptical reception in federal court Thursday. A panel of seven judges in Manhattan repeatedly asked whether cases across the U.S. should be …

Democrats, Republicans Tentatively Agree on Farm Bill with Crop Insurance

Democrats and Republicans said they reached a tentative deal on farm legislation after jettisoning controversial work requirements for food stamp recipients demanded by President Donald Trump and conservatives in the House. Lawmakers said Thursday they expect both chambers to take …

J.M. Wilson Promotes Silverman to Transportation Underwriter in South Carolina

J.M. Wilson has promoted Cassandra Silverman to Transportation underwriter in its North Charleston, S.C., office. Silverman is responsible for underwriting new and renewal business, corresponding with carrier underwriters, and assisting independent agents in Georgia, North Carolina, South Carolina and Tennessee. …

Company Building West Virginia Pipeline Fined $122K for Environmental Violations

A company building a natural gas pipeline in West Virginia has agreed to pay $122,350 for environmental violations. The Charleston Gazette-Mail cited a consent order made public Monday in reporting that Columbia Gas Transmission agreed to pay the amount to …

Beck to Become Next Georgia Insurance Commissioner

Georgia Republican and former deputy insurance commissioner Jim Beck has been elected as the state’s next insurance commissioner, according to final election results. In a close race against insurance agent Janice Laws in the state election to replace Georgia Insurance …

North Carolina Requests $8.8B in Florence Recovery Funds from Congress

North Carolina’s governor is asking Congress for more federal funding to recover from Hurricane Florence, saying the total $8.8 billion requested is comparable to the help Washington has provided for other disasters since Hurricane Katrina in 2005. Gov. Roy Cooper …