compliance News

Fund Managers Turn to Lawyers as Old ESG Playbook Falls Flat

Investors are losing patience with corporate foot-dragging on key ESG metrics and starting to see legal action as the logical next step, according to the head of Britain’s biggest sustainable finance association. They’re “frustrated at the pace of progress in …

Miami-Dade’s Unsafe Structures Board Frustrated by Delays

MIAMI (AP) — Miami-Dade County’s Unsafe Structures Board is under pressure to speed up the process for reviewing problematic structures following the collapse of the Champlain Towers South a month ago. Before the tower collapsed June 24, the county board …

Company Offering Pandemic Stock Tips Accused of $137M Fraud

OLLEGE PARK, Md. (AP) –The founders of a company called Raging Bull tout themselves as expert stock traders who teach customers how they, too, can become millionaires. Marketing emails said they found a “hidden bull market” in the COVID-19 pandemic. …

COVID-19 Lawsuit Takes on McDonald’s Like it Was a Rowdy Bar

May 26 — As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus. Workers …

Companies Bet On AI Cameras to Track Social Distancing, Limit Liability

Stores and workplaces eager to avoid spreading the novel coronavirus are equipping existing security cameras with artificial intelligence software that can track compliance with health guidelines including social distancing and mask-wearing. Several companies told Reuters the software will be crucial …

Vegas Newspaper Finds Trouble Tracking Casino Response Plans

LAS VEGAS — Nevada security officials had trouble tracking resort emergency response plans, months after the Legislature tightened requirements for 91 casinos statewide to update and maintain playbooks for incidents including active shooters and natural disasters, a newspaper reported. The …

Insurers With Market Conduct Troubles Can Usually Blame Their Claims Shop

Mistakes by claims professionals were the most common reason for enforcement actions taken against U.S. property and casualty insurers in 2018, taking the No. 1 and No. 2 spot on a top ten list issued by the Wolters Kluwer consulting …

Real ID Process Presents Problems for Some Kansas Residents

WICHITA, Kan. — The process of obtaining a new Real ID is creating headaches for some Kansas residents. Vietnam War veteran Armando Fleming is among several Kansas residents who have left driver’s license offices empty-handed after learning that the documents …

Patient Engagement Key to Improving Compliance, Return to Work in Workers’ Comp Claims

A new whitepaper by Coventry, a company that offers workers’ compensation cost and care management to insurers, third party administrators and employers, discusses ways to improve compliance and return to work in workers’ compensation claims. The paper, released this month, …

Flagship Services Group Launches Medicare Compliance Solutions

Flagship Services Group, Inc., a Colorado-based company providing Medicare compliance for insurance carriers, self-insured entities, attorneys, and state and local government agencies, announced end-to-end solutions combining best practices for the claims, legal, and medical fields in order to manage claims …