A financial services industry group warned U.S. banks, brokerages and insurers on Wednesday to be on heightened alert for cyber attacks after Bank of America and JPMorgan Chase experienced unexplained outages on their public websites. The Financial Services Information Sharing …
A proposed international agreement to reduce barriers to trade in service sectors ranging from banking to telecommunications [including insurance] would give the global economy a much-needed boost, top trade officials said on Wednesday. “This is a huge opportunity to spur …
If Mike McGavick is right, the business world will soon be carrying the equivalent of a massive data base in a cell phone. Technology has moved so rapidly that not only the insurance industry, but also business in general, is …
Senate Bill 863, or the more popular usage “SB 863,” was the phrase at the beginning, end or middle of many-a-conversation during the California Workers’ Compensation & Risk Conference on Wednesday. The four-day conference drew several hundred people who deal …
Deashawn Goddard has joined Tustin, Calif.-based managing general agent Yates and Associates as a broker. Goddard spent the past eight years at working out of the Orange County office and managing the western region of the US. of an insurance …
A Richmond woman has been sentenced to 11 years and three months in prison for health care fraud and other offenses. A federal judge last Thursday also ordered Veronica Sharon Cunningham to pay more than $6.6 million in restitution to …
Entergy Corp. says its estimated damages from Hurricane Isaac range from $400 million to $500 million, and the storm is expected to reduce the utility’s third-quarter revenue. In a news release, Entergy said it will pursue all reasonable avenues to …
Independent Insurance Agents & Brokers of N.Y. Inc. recently launched a hydrofracking task force to examine insurance coverage issues and to assist New York region’s agents and brokers. IIABNY’s hydrofracking task force will hold its first meeting on October 3, …
A former co-owner of auto service contract seller US Fidelis has been sentenced to more than three years in federal prison. Cory Atkinson of Lake St. Louis, Mo., was sentenced Sept. 18 in St. Louis. He pleaded guilty in June …
The Missouri Department of Insurance announced it has licensed its 25th captive insurance company. The state began allowing captive formation in 2007 and had just three licensees before Gov. Jay Nixon signed House Bill 577 in 2009. The 2009 law …
