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7 11, 2025

UK Enlists 60 Big Companies in Drive to Improve Worker Health, Reverse Trend

By | November 7th, 2025|Uncategorized|Comments Off on UK Enlists 60 Big Companies in Drive to Improve Worker Health, Reverse Trend

The U.K. government joined forces with dozens of major employers to promote occupational health care in an effort to reverse a surge in adults out of work. Aviva, Phoenix, EY and Google are among more than 60 large businesses taking …

7 11, 2025

People Moves: Mutual of Enumclaw Hires New Executives; King & Neel Appoints Itami and King to Leadership

By | November 7th, 2025|Uncategorized|Comments Off on People Moves: Mutual of Enumclaw Hires New Executives; King & Neel Appoints Itami and King to Leadership

Mutual of Enumclaw Hires New Executives Mutual of Enumclaw named Daniel Guthrie as vice president of product operations and chief operating officer and Hem Chari as chief information officer. Guthrie has more than 25 years of leadership experience in the …

7 11, 2025

Connecticut Collects $95M in Insurance Industry Fees, Fines and Taxes

By | November 7th, 2025|Uncategorized|Comments Off on Connecticut Collects $95M in Insurance Industry Fees, Fines and Taxes

For the 2025 fiscal year, the Connecticut Insurance Department (CID) collected more than $95 million in revenue that has boosted the state’s general fund. The revenue included approximately $2.2 million from insurance industry fines and penalties, $44 million from various …

7 11, 2025

Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments

By | November 7th, 2025|Uncategorized|Comments Off on Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments

An Auburn, Washington woman was convicted for fraud after receiving a lifetime pension following her reported injury while working at a supply company. Lemapu Dorothy Seinafo, 56, pleaded guilty to one count of third-degree theft and was ordered to repay …

7 11, 2025

Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth

By | November 7th, 2025|Uncategorized|Comments Off on Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth

Fresh off its subsidiary’s purchase of a builder-linked homeowners’ insurance program, the Tampa-based Baldwin Group took another hit to its bottom line in the third quarter this year. But the brokerage and advisory group expects the loss to turn into …

7 11, 2025

Consumers Are the Front Line in Fighting Insurance Fraud

By | November 7th, 2025|Uncategorized|Comments Off on Consumers Are the Front Line in Fighting Insurance Fraud

The U.S. loses approximately $308.6 billion in insurance fraud, leading to each policyholder paying $900 more through annual premium increases, according to the Coalition Against Insurance Fraud. Scams affecting American policyholders and companies are among the most pervasive financial crimes …

7 11, 2025

Irish Regulator Fines Coinbase Europe 21.5 Million Euros Over Monitoring Failures

By | November 7th, 2025|Uncategorized|Comments Off on Irish Regulator Fines Coinbase Europe 21.5 Million Euros Over Monitoring Failures

Ireland’s central bank fined an Irish subsidiary of cryptocurrency exchange Coinbase Global 21.5 million euros ($25 million) on Thursday for breaching anti-money laundering and counter-terrorist transaction monitoring obligations. The Irish regulator said the fine related to faults in the configuration …

7 11, 2025

Bain Capital Private Credit Executive Brushes off Systemic Concerns, Eyes Asia Growth

By | November 7th, 2025|Uncategorized|Comments Off on Bain Capital Private Credit Executive Brushes off Systemic Concerns, Eyes Asia Growth

The global private credit market currently has no systemic risks, while Asia offers the biggest growth opportunities, a senior Bain Capital private credit executive told Reuters. Concerns about weak lending standards in credit markets have resurfaced after the recent collapses …

7 11, 2025

Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa

By | November 7th, 2025|Uncategorized|Comments Off on Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa

The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of Jamaica – a policy triggered by excess rainfall from Hurricane Melissa. This payout follows the CCRIF’s first record payment of …

7 11, 2025

Bristol Myers Reaches $239 Million Settlement Over Psoriasis, MS Drugs

By | November 7th, 2025|Uncategorized|Comments Off on Bristol Myers Reaches $239 Million Settlement Over Psoriasis, MS Drugs

Bristol Myers Squibb reached a $239 million settlement of claims that former Celgene shareholders were defrauded about prospects for the psoriasis drug Otezla, and multiple sclerosis treatment now known as Zeposia. A preliminary settlement of the 7-1/2-year-old class action was …