conflict of interest News

Former California State Fund Executive Fined for Conflict of Interest

A former top executive at California’s State Compensation Insurance Fund has admitted to charges of a conflict of interest in awarding contacts to a software firm while he was at State Fund, it was made public on Friday by the …

State Senator Gives Up on Louisiana Citizens Insurance CEO Job

State Sen. Dan “Blade”Morrish has dropped his bid to become the next CEO of the state-run insurer of last resort, the Louisiana Citizens Property Insurance Corp. The Louisiana Board of Ethics had advised that Morrish would have a conflict of …

Supreme Court to Decide Whether Harm Needed in Kickback Suits

In a dispute pitting big business against consumer groups, the U.S. Supreme Court hears arguments Monday on whether a person has to suffer legal harm to sue a company over an alleged kickback it got. Cleveland home buyer Denise Edwards …