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FTC Fines Payment-Processor Paddle $5 Million for Alleged Support of Schemes

Paddle.com Market, a U.K.-based payment processor, and its subsidiary, Paddle.com, Inc., will pay $5 million and be permanently banned from processing payments for tech-support telemarketers, said the Federal Trade Commission this week. The FTC alleged that Paddle abused the U.S. …

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Michigan Battery Manufacturer to Pay $95K Over Disability Discrimination Suit

Navitas Systems, LLC, an Ann Arbor, Michigan battery manufacturer, will pay $95,000 and furnish other relief to resolve a disability discrimination lawsuit filed by the U.S. Equal Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s lawsuit, Navitas …

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Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting

Howden Acquires Chilean Retail Insurance Broker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in Santiago, Chile. Following completion of the acquisition, Felipe Ureta …

Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting Read More »