Corporate whistleblowers are getting bigger and bigger payouts for reporting fraud, sparking a fresh debate about whether the rewards are justified. Whistleblowers have collected billions of dollars since the late 1980s by suing government contractors under the False Claims Act …
Suspected FARC guerrillas have captured 23 Colombian oil contractors carrying out exploration work for Canada’s Talisman Energy in a rare mass kidnapping, authorities said Monday. Colombia, Latin America’s No. 4 oil producer, has recently enjoyed a boom in petroleum and …
French reinsurer SCOR Group continued to strengthen its financial position in 2010, posting net income of €418 million [$582.5 million] up 13 percent from 2009, and premium income of €6.7 billion [$9.34 billion], up 5 percent from 2009. As a …
New Berlin, Wis.-based United Heartland has promoted Jane Ische to director of Claim Strategy and Lee Zubek to director of Field Claims. Ische has served in a variety of positions with United Heartland during the past 15 years, including her …
Does your company have web analytics software in place? If not, then let this be a wake-up call. You are not just missing an important component of your e-marketing campaign; you are neglecting an imperative piece of the digital marketing …
An Estimated 30% of All Agency E&O Claims Arise from Handling Auto and Homeowners Business When dissecting Errors & Omissions claims frequency, it is apparent there is real E&O exposure for agencies writing personal auto and/or homeowners coverage. The latest …
During my 30-plus years as the owner of one of the largest independent insurance agencies in Texas, I’ve been a stalwart champion for professional education. As an industry, our success is rooted in our commitment to life-long learning. Serving people …
Robert Benmosche, chief executive of the bailed-out insurance company AIG, isn’t known to be shy. On a recent earnings conference call, a Goldman Sachs analyst baited him with a question: “If pre-crisis you were the 800-pound gorilla, how much do …
Niche Market Rebounds from Recession, Looks to Connect with Gen X and Y Travelers The bed and breakfast industry is shaking off its fusty, lace and ruffles image in a serious attempt to attract younger patronage and embrace the Internet …
What Agency Owners Might Learn from ‘Kitchen Nightmares’ and ‘Undercover Boss’ Reality shows have taken over television. Every network has at least a few each week. They range from absurd spin-offs of Japanese game shows to personal challenges/competition to a …
