Ford powers up the 2017 F-Series truck lineup

Ford powers up the 2017 F-Series truck lineup

(Westlake Village, CA – Insurance News and Markets) – The 2017 F-Series truck lineup from Ford will feature a redesigned, lighter EcoBoost 3.5-liter V-6 that provides an extra 30 lb.-ft. of torque when paired with an all-new lighter, more efficient 10-speed automatic transmission. The EcoBoost 3.5 Liter V6 engine will produce the same horsepower, but […]

Federal Bank of Pakistan, NY Department of Financial Services reach agreement on anti-money laundering monitoring requirements.

Federal Bank of Pakistan, NY Department of Financial Services reach agreement on anti-money laundering monitoring requirements.

(New York, NY – Insurance News and Markets) –  The New York State Department of Financial Services announced an agreement with the Bank of Pakistan and the Federal Reserve Bank of New York (FRBNY) to improve compliance with Bank Secrecy Act/anti money-laundering (BSA/AML) requirements, and the regulations issued by the Office of Foreign Assets Control […]

Google, Fiat to test self-driving minivans

Google, Fiat to test self-driving minivans

(Westlake Village, CA – Insurance News and Markets) – Google and Fiat Chrysler Automotive (FCA) are coming together to test Google’s self-driving technology. The test will involve 100 of FCA’s newest 2017 Chrysler Pacifica Hybrid midsize vans expected to land in dealer showrooms this year. This experiment will give Google the chance to adapt their […]

Company cited by OSHA after worker death

Company cited by OSHA after worker death

(Naples, FL – Insurance News and Markets) –  A 32-year-old residential framing contractor could still be alive if his employer had implemented a fall protection system, according to the Occupational Safety and Health Administration (OSHA), which cited SB Framing Services in January. Selvin Velasquez suffered fatal injuries after a 19 foot fall at a building […]

Employment news from the U.S. Bureau of Labor Statstics

Employment news from the U.S. Bureau of Labor Statstics

(Washington, D.C. – Insurance News and Markets) – There were 5.6 million job openings across the country as of December 31, 2015, according to the Job Openings and Labor Turnover report for December 2015, reports the U.S. Bureau of Labor Statistics.  Just over two percent of the reported 5.1 million separations were due to individuals […]

House Financial Services Oversight and Investigations Committee investigates Consumer Financial Protection Bureau

House Financial Services Oversight and Investigations Committee investigates Consumer Financial Protection Bureau

(Washington, D.C. – Insurance News and Markets) – The Financial Services Oversight and Investigations Committee hearings in mid-December revealed a threat to consumers’ financial safety, according to a release from the U.S. House of Representatives’ Financial Oversight Committee. According to the Financial Services Oversight Committee, the Consumer Financial Protection Bureau, or CFPB hasundertaken large-scale data […]

Drivers in the U.S. set records in October 2015

Drivers in the U.S.  set records in October 2015

(Washington, D.C. – Insurance News and Markets) – According to a December report by the U.S. Department of Transportation’s Federal Highway Administration, drivers in the United States traveled 273.5 billion miles during the month of October – bringing the number of miles traveled as of December 16, 2015, to more than 2.63 trillion miles. The […]

Financial Services Committee Chair makes statement on Federal Reserve raising rates

Financial Services Committee Chair makes statement on Federal Reserve raising rates

(Washington, D.C. – Insurance News and Markets) – In December, Financial Services Committee Chairman Jeb Hensarling (R-Texas) released a statement on the first rise of the Federal Reserve’s benchmark interest rate since it was placed at a near zero rate in 2008. In the statement, Hensarling noted that unsustainably low interest rates did not fix […]

Know Before You Owe Tools Now Online

Know Before You Owe Tools Now Online

(Washington, DC – Insurance News and Markets) – Richard Cordray, Director of the Consumer Financial Protection Bureau (CPFB) and National Association of Realtors (NAR) first Vice President-Elect Elizabeth Mendenhall  promoted the CPFB “Know Before You Owe” initiative in Washington, D.C. on Sept. 17. The initiative includes a set of online tools meant to help consumers […]