March 4, 2022
The U.S. Justice Department’s top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General Merrick Garland said March 3 as he detailed a shift in focus and resources at the agency. The agency is allocating resources …
May 17, 2021
This post is part of a series sponsored by Old Republic Surety. Fidelity bonds differ from liability insurance and errors and omissions insurance. They protect against corporate crime. Does your commercial client’s business own valuable assets or expensive equipment? Maintain …
November 30, 2018
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,” …
September 11, 2015
To help businesses recover from the financial repercussions of corporate crime, XL Catlin’s Global Crime business has introduced a new commercial crime insurance policy in the US. According to Greg Bangs, chief underwriting officer of XL Catlin’s Global Crime insurance …
November 11, 2014
American International Group Inc. Chairman Steve Miller said prosecutors must distinguish between management blunders and criminal actions when investigating corporate behavior. “A lot of executives did things that, in retrospect, look stupid,” Miller said in an interview Monday on Bloomberg …