UK TV personality demands compensation for Lloyds HBOS unit fraud
(Reuters) – British TV presenter and former disc jockey Noel Edmonds has more than quadrupled the damages he is seeking from Lloyds Banking Group as he steps up a 12-year demand for compensation.
Chevron settles Cal/OSHA citations for over $1 million
California regulators and Chevron Corp. have settled workplace safety and health citations issued in relation to a 2012 refinery fire for more than $1 million.
MasterCard dichiara bloccata la grossa causa legale nel Regno Unito
Una causa da 14 miliardi £ contro Mastercard Inc. accusata di presunto addebito di somme in più è stata bloccata da un giudice la settimana scorsa. Nel procedimento Mastercard viene accusata di aver addebitato somme in più a oltre 45 milioni di persone in UK per più di 16 anni. Il giudice ha accettato la […]
Swiss Re versichert Korallenriff
Swiss Re A.G. bereitet eine Versicherungspolice für einen Teil des mesoamerikanischen Riffs, in der Riviera Maya vor Küste Mexikos vor. Versicherungsnehmer werden die vom Riff geschützten Strandhotels sein. Swiss Re gab bekannt, dass diese Police Hotelbesitzern nach einem Sturm eine schnelle Auszahlung gewährleistet, die zum Wiederherstellen der Strände und zur Behebung von Schäden am Riff […]
Französische Bank wird wegen Geldwäscherei zu Geldstrafe verurteilt
Die französische Bankenaufsicht verurteilte das Finanzdienstleistungsunternehmen Societe Generale Group zu einer Geldstrafe in Höhe von 5 Millionen €. Die Geldstrafe wurde aufgrund des Versagens der Bank verhängt, Maßnahmen zum Verhindern von Geldwäscherei zu ergreifen, mit denen Terrorismus finanziert werden kann, so Thelocal.fr Die Strafe wurde aufgrund mehrerer, während der regelmäßigen Kontrollen von 2015 festgestellten Unregelmäßigkeiten […]
Beazley plant, sich auf Spezialversicherungen zu fokussieren
Beazley P.L.C. will sich auf das Wachstum seiner Sparte Spezialversicherungen konzentrieren, nachdem andere Versicherungsgeschäfte einen Preisrückgang melden. Die scharfe Konkurrenz der letzten Jahre bewirkte, dass Versicherungsprämien entweder stagnieren oder rückläufig sind. Beazley meldete am Freitag, dass seine Gewinne, die im ersten Halbjahr 2017 um 6% auf 158,7 Millionen $ anstiegen, auf das Wachstum seiner US-amerikanischen […]
Swiss Re assicura la barriera corallina
La compagnia Swiss Re A.g. sta preparando una polizza per assicurare un tratto della barriera corallina mesoamericana, la Riviera Maya, al largo della costa messicana. I contraenti saranno gli hotel in riva al mare protetti dalla barriera corallina. Swiss Re ha affermato che la polizza risarcirà velocemente gli hotel dopo una tempesta per dar loro […]
Banca francese multata per riciclaggio di denaro
L'Autorità di controllo francese per il settore bancario ha multato l'azienda di servizi finanziari Société Générale Group per 5 milioni €. La multa è relativa alla mancata adozione da parte della banca delle misure per prevenire il riciclaggio di denaro sporco potenzialmente destinato a finanziare i terrorismo, ha riportato Thelocal.fr. L'ammenda era dovuta per varie […]
MasterCard gibt Zurückweisung der britischen Sammelklage bekannt
Ein Richter lehnte letzte Woche eine Klage gegen MasterCard über 14 Milliarden £ wegen angeblich überhöhter Kreditkarten-Gebühren ab. In der Klage hieß es, dass mehr als 45 Millionen Briten über einen Zeitraum von 16 Jahren überhöhte Gebühren gezahlt hätten. Der Richter gab MasterCard Recht, dass die Voraussetzungen für eine sog. Sammelklage nicht erfüllt wären. Mehr […]
Construction crane safety jumps to forefront after fatal incident
The construction industry is increasingly focused on crane safety after a collapsing crane killed a pedestrian and injured three others in Lower Manhattan last year.
Company offers implanted microchips for employees
Move over office access key cards and pesky copy-machine codes, River Falls, Wisconsin-based Three Square Market is offering to implant microchips in employees for the convenience of easier break-room purchases, among other tasks.
State insurance commissioners back NFIP reauthorization
The NAIC is urging Congress to immediately reauthorize the National Flood Insurance Program prior to its scheduled expiration on Sept. 30.
Everest Re second-quarter profit soars
Everest Re Group Ltd. saw second-quarter 2017 net income jump 57.8% over the prior-year period to $245.7 million, as positive developments propelled the reinsurers financial results.
Wholesale & Specialty Insurance Association to launch Aug. 1
The merger between the National Association of Professional Surplus Lines Offices Ltd. and the American Association of Managing General Agents has been officially approved.
Federal securities class actions spike in first half of 2017
A record number of federal securities fraud class actions were filed in the first half of 2017, says a report issued by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse.
Extreme single incidents can create hostile work environment
A federal appeals court ruling that says even an isolated discriminatory act, if extreme, can create a hostile work environment that violates the law demonstrates the necessity of employers establishing the right workplace environment, say experts.
Hyperbole in 3-D printer description not fraud, court affirms
Puffery is not fraud, says a federal appeals court in upholding dismissal of a securities fraud action over a 3-D printers quality.
Chubb unit on the hook for email spoofing loss
A cloud-based services firm has prevailed in a coverage dispute with a Chubb Ltd. unit in a case in which the company lost $4.8 million because of spoof emails.
Trump administration moves closer to undoing overtime pay rule
(Reuters) The Trump administration on Tuesday pushed forward with its bid to undo an Obama administration rule to extend mandatory overtime pay to 4.2 million workers.
EPA targeted in lawsuit over chemical regulation delay
A group of 11 state attorneys general have sued the U.S. Environmental Protection Agency for delaying a regulation designed to prevent chemical accidents such as the West, Texas, fertilizer disaster that killed 15 people.