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Man Pleads Guilty to Conspiring in Illinois Underground Mine Fire Fraud

Article 0 Comments A Kentucky man entered a guilty plea to conspiring to defraud the U.S. Mine Safety and Health Administration (MSHA) in relation to an underground fire that occurred in the MC#1 Mine in Franklin County, Illinois, in August 2021. According to court documents, on Aug. 12, 2021, Timothy Parsons, 38, Louisa, Kentucky, was the Mine Manager at the MC#1 Mine when an underground fire was ignited by a cutting torch used to cut collapsed steel beams. When the fire could not be extinguished within 10 minutes, rather than implementing the approved Mine Emergency Evacuation and Firefighting Plan, Parsons and conspirators agreed that they would not evacuate miners or notify MSHA. Gas detectors carried by miners alarmed for the presence of more than 10 parts per million of carbon monoxide, yet the mine continued to mine coal during ad hoc firefighting efforts over the course of three shifts from Aug. 12 to 13. On Aug. 13, Parsons tried to conceal the existence of the fire from those not already aware of it by evacuating the mine on the false pretense that a belt used to carry coal from underground to the surface was broken. Later that morning, MSHA received...

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When You Hear ‘I Already Have a Broker’

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Kayna and Willis team up to provide Markel bloodstock solution to vSaaS platform Equine MediRecord 0

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Kayna and Willis team up to provide Markel bloodstock solution to vSaaS platform Equine MediRecord

Kayna, the embedded insurance infrastructure teams with Willis to provide specialty Markel equine insurance solution to top-flight vertical SaaS platform Equine MediRecord Global leader in equine digital health software to offer an equine mortality insurance solution on its vertical SaaS platform Leading advisory, broking and solutions company Willis to broker policies in UK Affinity Program rollout with Kayna A-rated global specialty insurer, Markel Insurance to utilise Kayna tech to distribute an equine mortality solution across the Equine MediRecord platform Cork, Ireland (Sept. 1, 2025) – Kayna, the award-winning embedded insurance infrastructure platform, has teamed with Willis to provide an online insurance offering through Equine MediRecord (EMR), a leading vertical SaaS platform in equine digital health software and part of Canada-based Inova Group’s Business Infusions – the largest equine veterinary software group in the world. EMR simplifies compliance to animal welfare and anti-doping regulations with the only regulator-approved digital medicines register. The first software system to be approved by any equine regulatory body to meet universally stringent reporting requirements, EMR is utilised by some of the top horse organisations in the world and by equine regulators in Ireland, United Kingdom, France, United States, Hong Kong, Australia and Saudi Arabia. Kayna partnered...

McFarlan Rowlands Welcomes DJE & Associates 0

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McFarlan Rowlands Welcomes DJE & Associates

Belleville, ON (Aug. 19, 2025) – McFarlan Rowlands Insurance, a division of McDougall Insurance Brokers Ltd., is pleased to announce it has acquired DJE & Associates Inc. (which operates as Sutherland Elliott Insurance Brokers, Gaiser Elliott Insurance Brokers and Thames Financial – and is known collectively as DJE & Associates). With offices across western Ontario, DJE & Associates provides general P&C brokerage and other financial services to its client base. “We’ve always held DJE & Associates in high regard,” says McFarlan Rowlands president Jason Schneider. “They’ve always done things the right way – and we know that joining the forces of McFarlan Rowlands and DJE & Associates will be of tremendous benefit to our collective customers, carriers and staff.” This strategic acquisition marks another step forward in the company’s continued growth following the 2023 combination of McFarlan Rowlands and McDougall Insurance. Together we’re expanding our reach while staying true to what matters most: personal service, local expertise, and strong relationships with our clients and communities. Clients of DJE & Associates will continue to work with the same trusted advisors they know, now backed by the scale, technology, and resources of McFarlan Rowlands and the broader McDougall Insurance Group. There are...

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Cyberattack on Evertec’s Sinqia Hits HSBC, Others in Brazil

Article 0 Comments Hackers on Friday broke into Sinqia, a financial technology provider owned by Evertec, attempting to steal around 420 million reais ($77.4 million) from several Brazilian financial institutions including HSBC Holdings Plc’s local operations, O Globo reported. Cyber criminals invaded Sinqia’s systems used by Brazilian financial institutions and attempted to make several transfers through a fast-growing electronic payments system known as Pix. Sinqia confirmed the attack but said there was no evidence of suspicious activity in any system besides Pix. Sinqia is working to rebuild the affected systems with enhanced controls and will only put Pix back online pending a review from the central bank, it said in a statement on Saturday. Hackers sought to divert around 380 million reais from HSBC, O Globo said, adding the Brazilian central bank managed to block 350 million reais from the attack. It did not say what happened to the rest. HSBC confirmed the incident in a statement, saying “no customer accounts or funds were impacted by the operation and measures have been taken to block these transactions.” This is not the first time Brazilian financial institutions have suffered such breaches. In July, hackers attacked C&M Software, siphoning hundreds of millions...

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4 Myths About Bank-and Company-Owned Life Insurance

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Docupace Unveils AI Roadmap for Wealth Management

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Prior Authorization Is Coming to Traditional Medicare

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Uber, Lyft Drop Opposition to California Driver Union Bill

Article 0 Comments Uber Technologies Inc. and Lyft Inc. agreed to back a state-supervised way for California drivers to unionize and collectively bargain on industry-wide pay and benefit guarantees, under a new legislative deal that provides the companies relief on insurance costs. Legislative leaders and Gov. Gavin Newsom (D) on Friday announced support for a pact that includes passing a driver bargaining bill (AB 1340) as well as the rideshare industry-backed SB 371, which lowers the amount of uninsured motorist insurance the state requires the companies to carry for drivers. The Service Employees International Union sponsored AB 1340. The bargaining bill is similar to a ballot measure Massachusetts voters passed in November. Some states have turned their attention to securing bargaining rights for drivers while fights persist in courts and legislatures over ride-hail drivers’ classification, pay, job protections, and benefits. Related: Uber Says New York City Courier Rule ‘Singles Out’ Immigrant Workers State-level agreements create a model for drivers to organize and negotiate a labor contract outside the federally supervised union rights provided by the National Labor Relations Act, which doesn’t cover them since they’re classified as independent contractors instead of employees. AB 1340 won’t change gig drivers’ legal status...

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Wells Fargo Adds Alternatives to Personalized UMAs

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