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Insurance Industry Voluntary Disclosure

A&O Shearman

First DOJ Declination For FCPA Violations Since Renewed Enforcement Guidelines

A&O Shearman on

On August 7, 2025, the United States Department of Justice, Criminal Division, Fraud Section (“DOJ”) issued a declination letter to a U.S.-based insurance company (the “Company”) to resolve alleged violations of the Foreign...more

The Volkov Law Group

Liberty Mutual Pays $4.7 Million for FCPA Declination

The Volkov Law Group on

In the first FCPA declination under the Trump Administration, Liberty Mutual Insurance Company paid $4.7 million in disgorgement and received a declination letter from the Department of Justice. The declination reflects...more

Fenwick & West LLP

Net-Zero Alliance Investors with Over $9.5 Trillion in Assets are Urging Mandatory Scope 3 Disclosures

Fenwick & West LLP on

The Net-Zero Asset Owner Alliance (the Alliance), an influential coalition of pension funds and insurance companies holding a combined $9.5 trillion in assets, released a report on Wednesday calling on regulators worldwide to...more

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