Portland, Ore.-based RiskPoint Insurance Advisors LLC named Blake Schellenberg managing principal. Schellenberg becomes one of four managing principals for RiskPoint. He has experience in insurance, and in several other industries, as well as experience developing programs for multi-state organizations, including …
A Long Island, N.Y., doctor has been acquitted of participating in a $275 million scheme to defraud no-fault auto insurers. Joseph Vitoulis had been accused of acting as the straw owner of a medical clinic. He allegedly ordered phony treatments …
Four percent of underground equipment in West Virginia coal mines are fitted with detectors that automatically shut down mobile machinery when people get too close, according to a state survey. The Charleston Gazette reported the state Office of Miners’ Health, …
A large Chicago-based accounting firm has been hit with a $99 million judgment stemming from a fraud lawsuit brought by a Kentucky family that owns dozens of hotels and more than a half-dozen casinos around the country. Kenton (Kentucky) Circuit …
December 11 Dinner Benefits Charities NEW YORK (November 4, 2013) — The Insurance Industry Charitable Foundation (IICF) Northeast division announced that the three featured speakers who will be accepting grants for charities at its fundraising dinner on Wednesday Dec. 11, …
Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill. The leaders of the House Financial Services Committee say they are standing behind last year’s bipartisan legislation to …
German Finance Minister Wolfgang Schaeuble issued an unusual warning to the European Central Bank on Thursday, saying rate decisions must not offer “false stimulus” and that monetary policy alone would not solve the euro zone crisis. The ECB cut interest …
RSA Insurance Group Plc Chief Executive Officer Simon Lee said the insurer has further growth potential in emerging markets and maintains a “robust” capital position, amid speculation it may sell assets. Lee, who this month injected 100 million euros ($135 …
Kansas, North Dakota and other state insurance commissioners snubbed a meeting with President Barack Obama set up to discuss allowing some people to keep medical plans that don’t meet the requirements of the U.S. health law. Six commissioners e-mailed their …
States and insurers are already working to bail out President Barack Obama’s healthcare overhaul, anticipating the system’s online insurance exchanges may not be ready by a critical December deadline. All of the alternatives have drawbacks. Insurance companies are hoping to …
