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Santander Fined £108 Million by UK Watchdog for Lax Money-Laundering Controls
Santander UK Plc was fined £108 million ($132 million) by the UK financial watchdog over repeated anti-money laundering failures that included a series of missteps over its monitoring of hundreds of millions of pounds of suspicious funds. The bank had …
POSTED DECEMBER 09, 2022 5:45 PM |
People Moves: Chubb Global Mkts Promotes O’Brien to Head of Cargo; AXIS Promotes Maher to Head of Cyber and Technology, London
Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty business including its Lloyd’s platform. In his new …
POSTED DECEMBER 09, 2022 5:32 PM |
OSHA Fines Arkansas Contractor $287K for Worker Deaths
Federal workplace safety investigators have determined that an Arkansas construction contractor failed to test oxygen levels in the confined space before two workers entered a sewer 20 feet below ground at an Edmond work site and died because of a …
POSTED DECEMBER 09, 2022 5:08 PM |
Jensten Acquires Specialist Motor Trade Broker Bellegrove
The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant presence across the UK motor trade and fleet insurance market. The deal, which is subject to regulatory approval, brings £15 …
POSTED DECEMBER 09, 2022 5:02 PM |
TWIA Board Meeting Will Discuss Budget, Reinsurance Program
The Texas Windstorm Insurance Association Board of Directors will meet next week in Corpus Christi to approve next year’s budget among other business. The board is expected to consider filling the vacant position of board secretary/treasurer, approval of the 2023 …
POSTED DECEMBER 09, 2022 5:00 PM |
Fifteen Auto Manufacturers Reach Automatic Braking Goals This Year
Fifteen automakers have made life-saving automatic emergency braking standard on nearly all of their new passenger vehicles in the U.S. this year, fulfilling a voluntary commitment made six years ago. That leaves five companies – General Motors, Porsche, Jaguar/Land Rover, …
POSTED DECEMBER 09, 2022 4:36 PM |
People Moves: 5 Appointments in AGCS Cyber; Freely Head of WTW Financial Solutions
AGCS Bolsters Cyber Underwriting Team in North America Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has appointed five professionals to its cyber underwriting team in North America. New team members report to Tresa Stephens, …
POSTED DECEMBER 09, 2022 3:35 PM |
Marijuana Now Legal in Missouri, But You Can’t Buy It Yet
As of Thursday, it was lawful for adults to possess and use marijuana in Missouri. That doesn’t mean you can legally buy it just yet, or use it everywhere. Medical marijuana has been legal in the state since a ballot …
POSTED DECEMBER 09, 2022 3:34 PM |
Jury Awards $2.6M to Fired Illinois Workers
A jury has awarded more than $2.6 million to three former Lake County employees who claimed the county circuit court clerk fired them because they supported her opponent in the 2016 election. One of Lake County Circuit Court Clerk Erin …
POSTED DECEMBER 09, 2022 3:29 PM |
Worker Dies After Crane Overturns at Illinois Refinery
A contractor died after a crane overturned at a refinery in an Illinois suburb of St. Louis, a coroner said. Chad L. Crabtree, 47, of Owensboro, Kentucky, was pronounced dead at the scene of the incident Tuesday afternoon at the …
POSTED DECEMBER 09, 2022 3:27 PM |
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