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Illinois Woman Convicted on 10 Counts of Insurance Fraud
Illinois Department of Insurance (DOI) Acting Director Anne Melissa Dowling announced an investigation by the department’s Workers’ Compensation Fraud Unit (WCFU) has resulted in the conviction of an Algonquin woman, Tracy Williams (aka: Tracy Wanker). Williams, who was named in …
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U.S. Appeals Ruling in Greenberg’s Case Against AIG Bailout Suit
The United States filed an appeal on Wednesday against a U.S. judge’s ruling in June that sided with former American International Group chief executive Maurice “Hank” Greenberg on a legal claim over the company’s 2008 bailout. A judge in the …
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Zurich Upgrades Coverage for Asset Managers as Regulatory Risk Grows
Zurich North America has revised its liability policy for investment advisers, mutual fund and hedge fund managers. Zurich says it has made the changes in response to a rise in regulatory risk fueled by new investigative approaches used by the …
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New Jersey Drivers Still Frowning Over ‘No Smile’ Driver’s License Policy
Smile and the world smiles with you — unless you’re having your driver’s license renewed in New Jersey. It’s been three years since New Jersey instituted its “no smiling” policy for driver’s license photos — a measure designed to make …
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Long, Bruce Join Cunningham Lindsey in Dallas
Dallas-based global loss adjusting and risk management services company Cunningham Lindsey has added Denise Long as vice president of Catastrophe Operations and Michael Bruce as director of Flood Operations. Long will refine and direct the company’s Catastrophe Services Division, and …
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West Virginia to Require Criminal Background Checks for Long-Term Care Workers
West Virginia’s new state program requires criminal background checks for applicants seeking certain jobs at long-term care facilities. Health and Human Resources Secretary Karen L. Bowling announced the launch of the West Virginia Clearance for Access: Registry and Employment Screening, …
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EXOR CEO Embraces Grandfather’s Dealmaking Style to Revamp Agnelli Empire
As a boy, John Elkann watched his grandfather Gianni Agnelli build Italy’s biggest industrial fortune, but as an adult he has never adopted Agnelli’s swashbuckling style. Lately, though, Elkann has embraced at least one of his grandfather’s trademarks: dealmaking. EXOR …
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FEMA Makes 1st New Payments to Sandy Flood Claimants After Review
The federal government has started making new payments to victims of Superstorm Sandy after a review found that some policyholders were not paid what they were due from the National Flood Insurance Program. The Federal Emergency Management Agency announced Monday …
The article FEMA Makes 1st New Payments to Sandy Flood Claimants After Review appeared first on Insurance Journal.
Feds Charge Texas-Based Oil Platform Operator over Deadly Blast
Oil platform operator Black Elk Energy is facing federal criminal charges in connection with a November 2012 explosion off Louisiana’s coast that left three workers dead and others badly injured. Multiple media outlets report that U.S. Attorney Kenneth Allen Polite …
The article Feds Charge Texas-Based Oil Platform Operator over Deadly Blast appeared first on Insurance Journal.
Zurich Launches Management Liability Offering for SMEs in Australia
Zurich is launching a new management liability offering, specifically designed to protect small to medium enterprises (SMEs) in Australia, with turnovers up to AUD$50 million. The new product will be provided via “Z.stream,” the company’s electronic broking system. Z.stream* already …
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