Code committee set to examine claims handling – Local – Insurance News

Code committee set to examine claims handling 1 August 2022 The General Insurance Code Governance Committee is expected to look into claims handling as part of its work this financial year. Code Compliance and Monitoring GM Prue Monument, who heads a team administering five financial services codes of practice, says a number of focus areas … Read more

AIME launches Broker Action Coalition Political Action Committee

“Today is a great day to be a mortgage broker, but it’s also a great day to be a homebuyer. Our victory with HB 809 in Maryland is one that directly benefits both veterans and their communities,” said Katie Sweeney, CEO of AIME. “Today’s PAC launch means a lot more wins are on the horizon, … Read more

Trump watched January 6 riots for two hours on Fox News, committee hears

Donald Trump sat for two and a half hours in his presidential dining room on the afternoon of January 6 2021, watching live coverage on Fox News as a mob of his supporters stormed the US Capitol, a congressional committee has heard. The panel investigating the violence said on Thursday night it had evidence from … Read more

Shashi Tharoor-led Parliamentary Committee to examine IT Act 2020

Parliament’s Standing Committee on Communications and Information Technology, headed by Congress leader Shashi Tharoor, on July 19 (Tuesday) will examine the working of the Information Technology Act 2020. The officials from the Ministry of Information and Technology are likely to appear before this Committee. The notice that has … Read more

Defence ministry sets up apex committee to carry out performance & efficiency audit

The defence ministry has set up an apex committee to conduct “performance and efficiency” audit of capital procurements, logistics, inventory and maintenance of assets of the armed forces. The committee, headed by the defence secretary, will advise Defence Minister Rajnath Singh on measures for overall improvement in strengthening of … Read more

Petrobras committee rejects two board nominees from government (NYSE:PBR)

Joa_Souza/iStock Unreleased via Getty Images Two of the Brazilian government’s seven nominees for the new board of directors at Petrobras (NYSE:PBR) do not meet the requirements to hold the position, its eligibility committee said on Thursday. The committee said the candidates would have a conflict of interest serving on the board because they have high … Read more

Bank of England Committee Calls for Enhanced Crypto Regulation to Limit Contagion

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. The Bank of England’s Financial Policy Committee called for “enhanced regulation” of the crypto asset market to mitigate against potential risks. Noting recent market turmoil, the committee said crypto assets did not yet pose … Read more

Legislative committee passes contested extension of COVID presumption

Policy committees in the California Senate passed a bill that would extend COVID-19 presumptions for two years. The Senate Committee on Labor, Public Employment and Retirement on Wednesday voted to pass A.B. 1751, would extend presumptions of compensability for COVID-19 through Jan. 1, 2025. Lawmakers in 2020 enacted S.B. 1159, which created a presumption that … Read more

Radical leftist to chair French parliamentary finance committee

French MPs have chosen Éric Coquerel, a radical leftist who calls himself an opponent of neoliberalism and capitalism, to chair the National Assembly’s crucial finance committee, heralding trouble in parliament for president Emmanuel Macron’s minority government. The elevation on Thursday of Coquerel — an MP in Seine-Saint-Denis north of Paris for Jean-Luc Mélenchon’s red-green alliance, the … Read more