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New York fines Geico and Travelers $11.3m for data breaches
Auto insurers will pay fines totaling $11.3m for data breaches that New York officials say compromised personal information of 120,000 customers.
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ASIC roundup: TPD insurance claims failures, and A$187,800 penalty for not lodging reports
The Australian Securities & Investments Commission’s latest actions and news, November 11 – 15, 2024.
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GRIP Extra: Predictions of deregulation in US, corporate culture problems in Australia
Other news includes restrictions on AI chips going to China, Spanish floods have significant impact on insurers and TikTok’s Canadian entity shuttered.
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ASIC roundup: Crypto fraud, and warning of scams
The Australian Securities & Investments Commission’s latest actions and news, October 21 – 25, 2024.
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ASIC roundup: Consumers misled, and changes to Executive Leadership team
The Australian Securities & Investments Commission’s latest actions and news, October 7 – 18, 2024.
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Thematic review of UK insurance urges firms to re-evaluate frameworks
Lack of progress in establishing the quality and value of insurance products has prompted FCA action – here are the top 10 takeouts.
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FCA work in review August 26-30, 2024
A focus on insurance – and more criticism of how the regulator itself handles whistleblowing in our latest roundup of FCA activity.
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FCA work in review August 12-16, 2024
PwC has received the first fine imposed on an auditor by the FCA, plus more enforcement actions.