Insurance

Whistleblowers: A Path to Combatting Fraud

Recent allegations of impropriety on several levels have rekindled whistleblowers as a mechanism for identifying wrongdoing. In the Financial Services sector, corporate citizens have an incentive to ferret out malfeasance: the whistleblower program, formally created as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) enacted in July 2010. The Office […]

Insurance Accounting Update (Nov 2017) Webcast

INSURANCE ACCOUNTING UPDATE (Nov 2017) Financial Services | Insurance November 14, 2017 | 11 AM EST Insurance accounting is always an exciting topic to discuss. The industry as a whole is ever changing, with new guidance being issued consistently throughout the year. The only way to stay ahead is to stay alert and be aware […]

The Evolution of Claims Processing

Technology is evolving daily, and consumers want product and service information in real-time, not weeks, days, or even hours.  Many operational leaders are laden with disparate data, limited tools, and budgets to invest.  In addition, the number of potential solutions in the market is vast and confusing, leaving consumers in a quandary on where to […]

FinCEN Warns Financial Institutions to Guard Against Corrupt Venezuelan Money: Key Consideration for Financial Institutions

Financial institutions should have effective Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) and Office of Foreign Assets Control (“OFAC”) policies and procedures to manage the risks associated with senior political figures, otherwise known as “politically exposed persons (PEPs).” Under the Federal Financial Institutions Examination Council’s BSA/AML Examination Manual (“FFIEC Manual”), PEPs include: Any corporation, business, or other […]

Insurance Accounting Update (July 2017) Webcast

INSURANCE ACCOUNTING UPDATE (July 2017) Insurance | Financial Services July 11, 2017 | 11 AM EDT Insurance accounting is always an exciting topic to discuss. The industry as a whole is ever changing, with new guidance being issued consistently throughout the year. The only way to stay ahead is to stay alert and be aware […]

Who is Mazars?

WHO IS MAZARS? All Industries Mazars USA LLP       We are pleased to announce an exciting development for the new year! As of January 1, 2017 we have officially changed our name to Mazars USA LLP. As the world’s 11th largest accounting firm, the Mazars name is renowned around the globe. Our new […]