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Monday, August 12, 2013

Legal Debate Takes Shape Over Whistleblower Protections

Whistleblower casesA key unsettled question about protections for whistleblowers is whether tipsters have to take their claims to the Securities and Exchange Commission to qualify. Big U.S. companies have a surprising answer: Yes.

The answer is surprising because companies, alarmed that new rewards for...

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A.M. Best Does Not Expect U.S. SIFI Designation to Impact Credit Ratings

A.M. BestThe Financial Stability Oversight Council (FSOC) has proposed that several nonbank financial institutions be designated "systemically important financial institutions" (SIFIs). Designation as a SIFI subjects firms to regulation of their operations by the U.S. Federal Reserve. While companies designated as nonbank SIFIs ...

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Judge Sinks Lawsuit on Screening Hires

Ruling on EEOC matterA federal judge cast doubt on government efforts to restrict employers' use of criminal-background checks in hiring as he dismissed a lawsuit by regulators against a Dallas event-marketing company.

U.S. District Judge Roger W. Titus in Maryland said the Equal Employment Opportun...

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U.K. Treasury Aims to Lure Lloyd’s Insurers Back

Lloyd'sThe Treasury in the U.K. is hoping to tempt Lloyd's of London insurers back to the UK in a move that would boost the nation's tax coffers.

Officials from the department want to lure companies such as Beazley, Brit, Catlin and Hiscox, who have re-domiciled to locations including Bermuda, Ireland and even T...

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Cyber-Security Insurance Adoption Grows

Cyber policiesBusinesses are beginning to rank cyber-security risks as greater than natural disasters and other major business risks, and while only 31 percent of companies are insured against data breaches, a growing number of companies are exploring policies, according to the findings of a survey by Experi...

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CNA Insurance Moving Offices to Downtown Syracuse

CNACNA Insurance will move a claims processing and underwriting office and its 120 employees from suburban Salina to AXA Towers in downtown Syracuse, New York.

With its five-year lease up at 443 Electronics Parkway, Chicago-based CNA decided to lease the eighth and ninth floors of Tower 2 at the 19-floor twin towers at 1...

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