Insurance
Former Virginia Insurance Agent Pleads Guilty to Fraud
A former Virginia insurance agent pled guilty last week to wire fraud related to a scheme to pocket the premiums he was paid for policies he sold. According to court documents, Thomas Robert Hoyt, of Melfa, told certain clients to …
Read More KPMG Australia to Fire Hundreds of Workers as Crisis Deepens
Scandal-plagued KPMG Australia is cutting almost 400 jobs as it grapples with the fallout from allegations it misused confidential client information to win business and as demand for consulting services slows. The consultancy giant will reduce its workforce by about …
Read More Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves
Londoners are facing historic levels of subsidence risk after five successive heat waves dried out the clay soil on which much of the city is built. Insurance claims tied to subsidence — a phenomenon associated with bouts of hot, dry …
Read More Trump’s Environmental Rollbacks Are Being Struck Down by Courts
The Trump administration’s many steps to reshape and shrink the scope of federal environmental protection have been met with a flood of legal challenges from companies, environmental groups and state officials. So far this summer, it’s been losing more than …
Read More TikTok Agrees to $400 Million Children’s Privacy Settlement
TikTok and its Chinese parent company ByteDance on Friday agreed to a $400-million settlement to resolve the U.S. Justice Department’s allegations the short-video app violated children’s online privacy. The Justice Department sued TikTok and ByteDance in 2024 for allegedly failing …
Read More People Moves: Causey Names Myers New Deputy Chief at NCDOI
North Carolina’s insurance commissioner has named Chuck Myers to be chief deputy commissioner Oct. 1, succeeding Jackie Obusek. For the past three years, Myers has been deputy commissioner for the Louisiana Department of Insurance, over property and casualty insurance. There, …
Read More New Ways Florida is Adapting to Growing Threats from Sea Level and Storms
One day there was a roof. The next morning it was gone. Jeffrey Huber still remembers the day some 34 years ago when Hurricane Andrew blew off the roof of his childhood home, one of tens of thousands damaged and …
Read More People Moves: Alliant Adds Johnson as Northwest Employee Benefits Team VP
Elsje Johnson joined Alliant Insurance Services as vice president within its employee benefits group. The Idaho-based consultant has more than 25 years of experience in the healthcare industry, including over a decade advising associations, large employers, and national accounts on …
Read More Cleanup Underway After Tornadoes Touch Down in Delaware and New York’s Long Island
Cleanup efforts and damage assessment were underway Friday in Delaware’s capital and on Long Island, New York, after tornadoes touched down during storms that battered the Northeast with heavy rains and left dozens of people stranded in their cars during …
Read More Judge Narrows Ben & Jerry’s Suit Accusing Unilever of Silencing Social Activism
A federal judge on Friday dismissed major portions of a Ben & Jerry’s lawsuit accusing its former parent Unilever of trying to silence the ice cream maker’s social activism, dismantle its board and stop funding its namesake foundation. U.S. District …
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