The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in regulation could have global repercussions. The Paris-based watchdog said Read more…

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at a problem, the National Read more…

Maria Weston Kuhn had one lingering question about the car crash that forced her to have emergency surgery during a vacation in Ireland: Why did she and her mother sustain serious injuries while her father and brother, who sat in Read more…

Cyber insurer Cowbell said it has expanded its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America within the United States. Building on its established success in cyber and technology errors & omissions (Tech E&O), Cowbell Read more…

An insurance law professional and former state legislator has launched his own insurance brokerage in Tarrytown, New York. William Lindsay III has opened Tri Pack Insurance Services, which promises to offer “highly customized, data-driven insurance” for policyholders in industries including Read more…

The number of Independent Medical Review decision letters issued in response to California workers’ compensation medical disputes is trending up in the last few years after declining steadily from 2018 through 2022, a report out on Thursday shows. IMR decision Read more…

Global insurance broker World Insurance Associates LLC has acquired the business of Healey & Associates of Portland, Maine. Terms of the transaction were not disclosed. Healey has been offering employee benefits to clients throughout New England since 1982, with a Read more…

Gainesville-based The Liberty Company Insurance Brokers announced Will Bradshaw as a producer in its Ponte Verde office. Bradshaw, whose family has operated a Tennessee insurance agency for more than 60 years, specializes in farm and crop insurance, commercial coverage and Read more…

North Carolina insurance producers will no longer be required to complete education courses before taking the license exam, under a bill now awaiting the governor’s signature. House Bill 737 was approved with little opposition by both chambers in the General Read more…

GE Appliances announced a nearly half-billion-dollar project Thursday that it says will create 800 new jobs and shift production of clothes washers from China to its massive manufacturing complex in Kentucky. The $490 million investment positions the Kentucky home appliances Read more…