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Philadelphia Businessman Sentenced to 17 Years in Prison for $34M Fraud

A Philadelphia businessman who amplified the size of his legal benefits firm to gain more than $30 million in loans has been sentenced to 17 1/2 years in prison. Gary Alan Frank was sentenced in Philadelphia where the judge described …

WCRI Study Examines Impact of Reforms on New York Workers’ Comp System

The Workers Compensation Research Institute (WCRI) has released a new report for policymakers and system stakeholders to track the performance of the New York workers’ compensation benefit delivery system. “Originally established to monitor the system following reforms in 2007, the …

Johannesburg City Hit by Hackers Who Demanded Bitcoin Ransom

The City of Johannesburg shut down its website and billing systems after a group hacked into the authority’s system and demanded a ransom of four Bitcoins worth about $30,000. The call center, cashiers and other digital platforms were also taken …

Boeing 737 Max’s Design, Pilot and Regulatory Errors Caused Lion Air Crash

Indonesian investigators found sweeping problems and missteps in connection with last year’s fatal Lion Air crash, including design flaws in Boeing Co.’s 737 Max jet, certification failures by the U.S. regulator and a raft of errors at the airline by …

EU Agrees to Delay Brexit Until Jan. 31, as U.K. Parliament’s Impasse Continues

The European Union agreed a three-month flexible delay on Monday to Britain’s exit from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an extension he had vowed never to ask for. …

Senators Introduce Safety Legislation to Address Boeing 737 Issues

Two Democrats on the U.S. Senate Commerce Committee on Thursday introduced legislation to mandate numerous aviation safety recommendations in the wake of two fatal Boeing 737 MAX crashes that killed 346 people and led to the plane’s grounding in March. …

Walmart, CVS and Rite Aid Yank Recalled J&J Baby Powder Off Shelves

Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson’s baby powder from their stores, following the healthcare conglomerate’s recall last week of some bottles due to possible asbestos contamination. CVS Health Corp. said on …

Florida Health System Fined $2M for Multiple HIPAA Breaches

A major Florida health system with six hospitals must pay over $2 million after federal officials determined its HIPAA compliance program was in disarray for years. Federal health officials on Wednesday said they’re fining Jackson Health System in Miami after …

University of Louisville Settles Naming Rights Dispute with Papa John’s for $9.5M

The University of Louisville Athletic Association will pay Papa John’s founder John Schnatter $9.5 million over 51/2 years in a settlement to terminate the pizza chain’s naming rights to Cardinal Stadium. The school last year removed the Papa John’s name …

AIG Expanding at Lloyd’s With New Unit for U.S. High-Net Worth Market

American International Group Inc. is ramping up its bet on the wealthiest Americans with a new push to offer policies through the Lloyd’s of London marketplace and write as much as $1 billion in gross premiums. AIG plans to create …

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