A Tulsa, Oklahoma, man suspected of assaulting an insurance adjuster and filing a bogus insurance claim was arrested on Aug. 13, the state insurance department reported. The adjuster was attacked after questioning an insurance claim filed by Prentice E. Ponds …
The article Oklahoman Arrested for Attack on Insurance Adjuster, Fraud appeared first on Insurance Journal.
U.S. lawmakers are considering steps to reverse a disturbing rise in illegal drone flights, including new government enforcement tools to crack down on rogue flyers, especially near airports, according to people familiar with the matter. Discussions in the House of …
The article Congress May Move to Slow Illegal Drones appeared first on Insurance Journal.
The European Union’s plan to revive the asset-backed securities market may heed industry concerns by broadening the range of products eligible for a high-quality label and easing capital requirements for insurers. The securitization overhaul due next month from the European …
The article EU Weighs Easing Solvency II Capital Rules to Lure Asset-Backed Debt Buyers appeared first on Insurance Journal.
An audit report on the East Baton Rouge Parish Metro Council shows there was more than $100,000 in thefts and damage to the city in 2014, mostly from employees. The audit, released by the Legislative Auditor’s Office, revealed Department of …
The article Audit: Damage, Thefts Cost Baton Rouge More than $100K in 2014 appeared first on Insurance Journal.
The ceiling of a landmark Minneapolis, Minn., concert venue partially collapsed during a show late Wednesday night, injuring three people, officials said. Firefighters responded to a report of a possible building collapse around 10:15 p.m., Minneapolis Fire Department spokeswoman Cherie …
The article Minneapolis Concert Venue Ceiling Collapses; 3 Hurt appeared first on Insurance Journal.
A Ferrari 365 from 1972 was expected to fetch somewhere around $450,000 during the annual Pebble Beach Concours d’Elegance in Monterey, Calif. this weekend. When it was last bought in 2008, the car was worth $160,000. For the investment, the lucky owner …
The article Thinking of Investing in a Classic Car? Think Again appeared first on Insurance Journal.
In late October 2013, Panera Bread Co., the national chain of restaurants that specializes in healthy soups and baked goods, prepared a news release to announce it was adjusting its earnings expectations downward for the recently begun fourth quarter. The …
The article How Hackers Profited from Stealing Earnings Press Releases appeared first on Insurance Journal.
Janesville, Wis.-based Hufcor Inc., which manufactures operable and accordion partitions, will pay $120,000 and furnish other relief under a consent decree entered in a sexual harassment and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the agency …
The article Wisconsin Company to Pay $120K in Sexual Harassment Case appeared first on Insurance Journal.
Verisk Insurance Solutions has introduced new rating tools and coverage options through its ISO business to help insurers address the quality and age of roof materials. The newly developed rating factors are designed to assist insurers in pricing policies based …
The article ISO Offers Insurers New Roof Rating Tool appeared first on Insurance Journal.
The Missouri Department of Insurance has fined Cigna subsidiaries $140,800 for using unapproved forms, incorrectly denying chiropractic claims, charging copayments of more than 50 percent and failing to send an explanation of benefits to members. “Our market conduct team uncovered …
The article Missouri Fines Health Insurer Cigna for Various Violations appeared first on Insurance Journal.