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INSURANCE COMPANIES MISCONDUCT
- WWE Boss Vince McMahon gets relief in road crash case but there is a catch...details here
WWE's former boss Vince McMahon was accused of causing a July 24 crash on the Merritt Parkway in Westport that wrecked his Bentley and dama...
Financial adviser Murray McClune pleads guilty to $1.7 million client theftFormer financial adviser Murray McClune has pleaded guilty to stealing $1.7 million from elderly clients, funds he promised to invest. Inst...
CVC issues fresh guidelines on determining 'vigilance angle' in misconduct by govt employeesThe Central Vigilance Commission has released new guidelines to clarify what constitutes a "vigilance angle" in misconduct cases involving ...
Junk email, spam: Simple step to keep your mailboxes freeJunk emails, and spam often fill mailboxes of email users. There are ways to stop these Junk emails, and spam.
Sebi grants more time to submit comments on proposed mechanism for AMCs to detect fraudSebi has extended the deadline for public comments regarding a proposal that seeks asset management companies (AMCs) to set up an instituti...
Sebi gives more time for comments on proposal on mechanism for AMCs to detect market abuseThe markets regulator, in its consultation paper issued last month, proposed that AMCs should put in place robust surveillance systems and ...
Sebi proposes institutional mechanism for AMCs for deterrence of possible mkt abuse, fraudulent transactionIndia's Securities and Exchange Board is calling for asset management companies to set up surveillance and internal control systems as part...
Binny Bansal puts $20m more in insurance company AckoWith the fresh infusion of capital, Bansal’s total investment in the new-age insurance firm will go up to $45 million, making it his larges...
Bangladesh sleuths discover Pakistan money trail in insurance firmThe government of Sheikh Hasina which is tough with controlling Pak-based finances is likely to take strong action against this firm ahead ...
Bangladesh firm with dubious funding charged with sexual misconductThe employees of Green Delta Insurance Company Limited have complained against sexual misconduct by senior officials.
VK Sharma confirmed as new LIC chairmanManaging Director at LIC, Sharma was already acting as chairman since September 16 when the then chairman S K Roy was relieved of his dutie...
Penalty of up to Rs 25 crore for mis-selling insurance policiesThe amended insurance law provides for a penalty of up to Rs 25 crore for mis-selling or misrepresentation of policies by agents or insuran...
Court raps CBI for filing closure report after 30 yearsThe case pertains to one D N Sarkar, who was accused of conspiring with officials of National Insurance Company and cheating the insurance ...
DRL, Piramal & Airtel rush to buy cover against sexual harassment liabilitiesCompanies are growing wary of the potential claims by people who accuse their colleagues of sexual harassment.
Bharti Walmart probe may invoke insurance cover worth $5 millionIts D&O policy partly protects the company, its directors and officers for wrongful actions that cause financial harm and result in a lawsu...
- Approach regulators on misconduct by advocates and chartered accountants: Finance Ministry to banks
The Finance Ministry has asked state-owned banks and insurance companies to take up the issue of misconduct by professionals like advocates...
- China's largest insurers guilty of three billion yuan fraud
China's national auditor has revealed that two of the country's largest insurers committed financial misconduct involving over three billio...