News

Illinois has become the latest large state to adopt a regulation to implement the federal surplus lines reform and modernization law that doesn’t mandate it share revenues with other states.

The Financial Services Authority has fined a subsidiary of Willis Group Holdings more than $11 million for failure to institute proper controls in its anti-bribery and corruption systems.

Two major insurance brokers, USI Insurance Services and Hub International, announced acquisitions of employee-benefit firms this week.

Two major insurance brokers, USI Insurance Services and Hub International, announced acquisitions of employee-benefit firms this week.

The Financial Stability Oversight Council will soon issue new proposed guidance on the criteria it will use to determine which financial firms are systemically significant, the deputy Treasury secretary told Congress yesterday.

A woman filed a fraudulent auto claim in order to obtain a rental car for her boyfriend to use in a drive-by shooting.