Columbia Insurance Group (Columbia) welcomes Shane Martinez to its executive team as the new vice president and Omaha, Neb., branch manager. Martinez is a seasoned insurance professional with more than 20 years of personal, commercial and farm underwriting experience. Columbia …
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Irish insurers will have to set aside significantly more reserves to cover car-crash, workplace injuries and other claims as compensation payouts surge, according to the industry’s regulator. The nation’s central bank will tell insurers the results of a review of …
The article Irish Insurers Face Higher Reserves; Fairfax Financial to Invest in FBD Holdings appeared first on Insurance Journal.
Montana’s fire season began quietly but has quickly grown to the second-largest so far this decade after lightning storms last month ignited a rash of blazes that spread rapidly amid bone-dry conditions. This season is not over yet, with at …
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Religious groups needn’t comply with the Affordable Care Act mandate to provide workers with health insurance that covers contraception and can’t be forced to tell the government when they don’t, a federal appeals court said. Ruling Thursday in two cases, …
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Unnecessary surgeries performed by untrained assistants are among the allegations in an indictment detailing a $150 million insurance scheme, among California’s biggest ever. Orthopedic surgeon and alleged ringleader Dr. Munir Uwaydah and 14 associates, including another doctor and a lawyer …
The article 15 Nabbed in $150M Insurance Scam That Included Unnecessary Surgery appeared first on Insurance Journal.
The U.S. Geological Survey has recorded several earthquakes in northern Oklahoma, including two of magnitude 4.0. No damage or injuries are reported from the Tuesday and Wednesday temblors. The USGS reports a 4.0 magnitude earthquake one mile northwest of Cushing …
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Jay Fishman, who built New York-based Travelers Cos. into one of the world’s biggest insurers, lamented that disparities in tax rates are pushing established rivals and industry newcomers outside the U.S. Over the past 15 years or so, “we’ve counted …
The article U.S. Taxes Push Insurance Start-Ups Offshore: Fishman appeared first on Insurance Journal.
While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a KPMG International report released today. Based on a survey of 280 insurance …
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Relatives have filed a wrongful death lawsuit in the fatal shooting of a South Texas man by two deputies while both of his hands were raised. The incident was recorded on at least two videos. Gilbert Flores’ family filed the …
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A former insurance agent one of two people who have been charged with operating a Ponzi scheme allegedly bilking investors from Los Angeles and Kern Counties out of $21 million dollars. Michelle Kenen Seward, 42, of Flintridge, surrendered to authorities …
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