Audit firm, partners charged for deficient audits

(Washington, DC – Insurance News 360) – On Dec. 21, the Securities and Exchange Commission filed settled charges against national audit firm Crowe LLP, two of its partners, and two partners of a now-defunct audit firm for their significant failures in audits of Corporate Resource Services Inc., which went bankrupt in 2015 after the discovery […]

U.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Plastic Decorative Ribbon from China

(Washington, DC – Insurance News 360) – On Dec. 21, 2018, the U.S. Department of Commerce announced the final determinations in investigations into the antidumping duty and countervailing duty (CVD) of imports of plastic decorative ribbon from China. These investigations revealed that exporters sold plastic decorative ribbon at less than fair value in the United […]

Pending Home Sales See 0.7 Percent Drop in November

(Washington, WA – Insurance News 360) – The National Association of Realtors announced that although pending home sales dropped slightly in November, there were increases in certain regions – the northeast and the west. The Pending Home Sales Index decreased 0.7 percent to 101.4 in November, down from 102.1 in October. However, year-over-year contract signings […]

Compliance Assistance Resources are available to protect workers from falls

(Washington, DC – Insurance News 360) – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has created a collection of compliance assistance resources for falls in the workplace, the most common cause of worker deaths in the construction industry. Falls can be prevented with planning for safety, provision of the right equipment, […]

Oklahoma Oil Service Waste Disposal Company Resolves Overtime, Child Labor Violations Found in U.S. Department of Labor Investigation

(Oklahoma City, OK – Insurance News 360) – Following an investigation by the U.S. Department of Labor’s Wage and Hour Division, Oklahoma City’s Backyard Energy Services paid $253,399 in back wages and a civil penalty of $2,163 for violations of the Fair labor Standards Act, child labor laws, and record keeping issues. The Department of […]

Model, dealer selection affected by word-of-mouth and online research when looking for a new car

(Singapore – Insurance News 360) – In the United Arab Emirates, nearly 75 percent of buyers ask friends or relatives for car advice, or do online research to choose a model and brand of vehicle to purchase, according to the JD Power 2018 UAE Sales Satisfaction Index study. Vehicle pricing, features specifications, warranty, sale promotions, […]

On Jan. 3, the Centers for Medicare and Medicaid Services released the final weekly enrollment snapshot for 2019.

(Baltimore, MD – Insurance News 360) – Each week, through the enrollment period,  CMS took enrollment snapshots that give point-in-time estimates of plan selections, call center activity, and visits to healthcare.gov or cuidadodesalud.gov. This final report shows new plan selections, active plan renewals and automatic enrollments. The snapshot includes the following: Plan selections between Nov.1- […]

Center for Medicare Services releases final snapshot for 2019 Federal Exchange open enrollment period

(Baltimore, MD – Insurance News 360) – On Jan. 3, the Centers for Medicare and Medicaid Services (CMS) released a final snapshot for the 2019 Federal exchange open enrollment period. Enrollment was steady, with more than 8.4 million enrolling. The CMS says this represents steady enrollment when a strengthening economy and job Dmarket may be reducing […]

Final Rule Creates Pathways to Success for the Medicare Shared Savings Program

(Baltimore, MD – Insurance News 360) – The Centers for Medicare and Medicaid Services (CMS) issued a final rule which creates a new direction for the Medicare Shared Savings Program. The new direction is called Pathways to Success and redesigns participation options to encourage Accountable Care Organizations to move to performance-based risk more quickly, and […]