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16
07, 2015
U.S. Appeals Court Rules for Whistleblowers in State Farm Katrina Fraud Case
Whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina, a federal appeals court ruled July 13. In its decision, the New Orleans-based 5th U.S. Circuit Court …
The article U.S. Appeals Court Rules for Whistleblowers in State Farm Katrina Fraud Case appeared first on Insurance Journal.
17
07, 2015
Quadriplegic Missionary Gets $26M Settlement in Montana Crash
Insurers for the Southern Baptist Convention have agreed to pay $26 million to a man who was paralyzed and suffered brain damage in a rollover crash during a 2009 missionary trip in Montana, Attorney Anders Blewett said Tuesday. The insurance …
The article Quadriplegic Missionary Gets $26M Settlement in Montana Crash appeared first on Insurance Journal.
16
07, 2015
Missouri School District Settles Bullying Lawsuit for $300K
A federal lawsuit filed by the parents of a 14-year-old southwest Missouri boy who killed himself after being bullied at school has been settled for $300,000. The Joplin Globe reports the Carl Junction School District and its insurance company settled …
The article Missouri School District Settles Bullying Lawsuit for $300K appeared first on Insurance Journal.
17
07, 2015
Lawsky’s Bank-Busting Reputation Looms Over Pact With Iran
Benjamin Lawsky’s bank-busting reputation may have earned him his own tribute in this week’s landmark Iran nuclear agreement. Lawsky was the first superintendent of New York’s beefed-up banking and insurance overseer, which gave him enforcement power over international banks chartered …
The article Lawsky’s Bank-Busting Reputation Looms Over Pact With Iran appeared first on Insurance Journal.
16
07, 2015
Kentucky Governor Declares State of Emergency From Severe Flooding
Floodwaters that rushed through eastern Kentucky left one dead and seven unaccounted for as search teams combed the hilly Appalachian terrain Tuesday, with the threat of more floods bearing down on rescue efforts. Emergency personnel in the hardest-hit neighborhoods in …
The article Kentucky Governor Declares State of Emergency From Severe Flooding appeared first on Insurance Journal.
17
07, 2015
Thousands Still Powerless in Southern California City
Commuters dealt with dead traffic signals and several businesses were forced to remain closed as crews worked to restore power to thousands in downtown Long Beach, Calif. following three separate fires in underground electrical vaults. Southern California Edison says some …
The article Thousands Still Powerless in Southern California City appeared first on Insurance Journal.
16
07, 2015
AIG Launches Risk Management Service for Builders of Luxury Homes
AIG Private Client Group, a division of American International Group, Inc., has introduced a risk management and mitigation service for residential construction projects with budgets of $5 million or more. As part of its Smart Build offering, AIG risk experts …
The article AIG Launches Risk Management Service for Builders of Luxury Homes appeared first on Insurance Journal.
17
07, 2015
Liberty Mutual Names Feige Inland Marine Underwriting Manager
Liberty Mutual’s National Insurance Property operation has appointed Dan Feige division underwriting manager for its Inland Marine division. Based in New York, Feige is responsible for growing Liberty Mutual’s large inland marine business, according to Mike Martin, executive vice president, …
The article Liberty Mutual Names Feige Inland Marine Underwriting Manager appeared first on Insurance Journal.
16
07, 2015
Allianz: Hedge Funds Are Opportunity for Insurance Industry, Not Threat
Chris Fischer Hirs, the head of Allianz SE’s specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. “Hedge funds bring capacity to the market,” Fischer Hirs said in an interview in …
The article Allianz: Hedge Funds Are Opportunity for Insurance Industry, Not Threat appeared first on Insurance Journal.
17
07, 2015
New York State Insurance Fund Launches New Online Medical Provider Portal
The New York State Insurance Fund (NYSIF) announced on Thursday the launch of its new online medical provider portal. NYSIF said the new portal will allow registered providers and third party billers to retrieve claims payment information regarding their workers’ …
The article New York State Insurance Fund Launches New Online Medical Provider Portal appeared first on Insurance Journal.