JPMorgan Chase & Co., fresh off settling complaints from two regulators over gaps in its trade-surveillance program, expects to pay an additional $100 million to settle a related inquiry from another watchdog. The firm disclosed the expected agreement in a …
Forensic accountants are often retained to evaluate economic damages arising from a multitude of circumstances. These engagements require a set of specialized knowledge unique to the facts of the particular case. In many cases a forensic accountant will be retained …
ClaimsPro added Jeffrey Stenberg to its Specialty Risk Division as an executive general adjuster in the U.S. Stenberg began his insurance career in 1987 performing boiler and machinery loss prevention surveys and jurisdictional inspections at large commercial properties. He has …
Overall opioid utilization is down nearly 10%, and the use of sustained-release opioids dropped by more than 10%, a new report shows. Authors of the report credit efforts by workers’ comp regulators and professionals to control opioid prescriptions and distribution, …
Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015 tailings dam disaster at their joint-venture iron ore complex. The offer comes as the companies and Brazilian authorities renew negotiations …
A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a report released by Lockton Re. The report, “A Kaleidoscope of Possibilities: Preparing for Ivan Wiper,” focuses on the consequences of …
Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in …
Cyber claims frequency in the U.S. rose 13% last year, a new report shows. Coalition this week released its 2024 Cyber Claims Report, which includes data and case studies from organizations across the country. The report portrays cybercrime as “a …
HSBC Holdings Plc successfully fought off a London court claim brought by a group of investors in a £1.3 billion ($1.6 billion) lawsuit over tax breaks linked to Walt Disney Co. film financing. The bank faced allegations that it misled …
The manufacturer of a popular weedkiller won support Wednesday from the Missouri House for a proposal that could shield it from costly lawsuits alleging it failed to warn customers its product could cause cancer. The House vote marked an important …