- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Auto and home insurer MAPFRE USA announced that Daniel Olohan, who has served as general counsel and secretary of the company since 2008, has been appointed chief operating officer, effective Aug. 1.
Olohan joined MAPFRE USA in 2006.
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The former operator of a Massachusetts homecare agency was sentenced to 12 years in prison for defrauding Medicaid of more than $100 million, the Department of Justice said.
The U.S. Consumer Product Safety Commission ordered Google-owned Fitbit to pay more than $12 million and comply with certain undertakings to settle allegations the company knowingly failed to report a serious burning hazard with its Ionic smartwatches.
New rules have come into effect across the European Union to promote better cybersecurity and IT resilience across the financial services sector, but experts warn that compliance is likely to be patchy and regulatory enforcement across the bloc perhaps even patchier.
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