GCC: Accounting changes keep region's insurers on their toes

Published on July 3, 2023
The adoption of International Financial Reporting Standards 17 and 9 in the Gulf Cooperation Council (GCC) region represents a significant change in accounting practices for some insurers, and has
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Morocco: Insurance federation changes name

July 3, 2023
The Moroccan Federation of Insurance and Reinsurance Companies (FMSAR) has changed its name to Moroccan Federation of Insurance (FMA) in a rebranding exercise.

Fear Created by Data Breach Suffices for Class-Action Suit to Proceed, 1st Circuit Rules

July 3, 2023
Former customers of Injured Workers Pharmacy whose personal information was stolen by hackers and allegedly used to file a fake tax return may pursue a class-action lawsuit against the company, a panel of the 1st District Court of Appeal ruled …