Enforcement activity by the U.S. Securities and Exchange Commission in fiscal 2019 resulted in $4.3 billion in fines and disgorgements, up from $3.9 billion a year earlier, the regulator said on Wednesday. Those fines and disgorgements – or the return …
A woman who worked as a bookkeeper has been charged in Maryland with fraudulently obtaining approximately $1 million from her employers. Lisa Fore was charged Monday in federal court with four counts of mail fraud and one count of aggravated …
As 2019 wraps up, many in the insurance industry are likely well into planning for the next year. But what about planning for the next decade? While it can be difficult to predict what’s ahead in 10 years, industry professionals …
Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired the business assets of HR inTune, effective October 1, 2019. HR inTune, located in Berwyn, Penn., is a human resource consulting firm that …
The Glatfelter Agency (TGA), a division of Glatfelter Insurance Group, has hired Sean Gormley as the new president of its downtown York, Penn., office. Gormley will focus on developing further growth in personal, business and commercial lines and managing carrier …
Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react to jaywalkers, according to documents released by U.S. safety investigators. The U.S. National Transportation Safety Board on Tuesday released more …
Peter Clune will succeed Ron Lockton as chief executive officer at private global insurance broker Lockton, succeeding Ron Lockton who is taking on the role of chairman, effective May 1, 2020. Clune has been with Lockton for 13 years, most …
A major U.K. institutional investor has dismissed a commonly-held fear of ESG investing — that it hampers financial returns. Aviva UK Life, part of Aviva Plc, sees environmental, social and governance considerations as a central pillar of its risk and …
Compre, the London-based independent re/insurance legacy specialist, announced it has signed agreements to transfer an inwards reinsurance portfolio from AG Insurance SA for an undisclosed sum. The Belgian insurer’s portfolio comprises business in run-off across a range of lines and …
French volunteer search teams have found fragments from an engine that exploded in mid-air over eastern France in July, officials said on Wednesday. The discovery came in an unprecedented search operation involving 150 members of the public after French air …
