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White Collar Crimes › Insurance Industry › Anti-Corruption

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

K&L Gates LLP

New York Appellate Court Clarifies Fidelity Bond "Direct Loss" Requirement

K&L Gates LLP on

In a unanimous July 16th decision, the New York Appellate Division held that MF Global, Inc.’s loss sustained on account of the commodities trading activities of its employee was a “direct financial loss” under MF Global’s...more

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