Daily Archives: <span>September 11, 2018</span>

CEO Duperreault Bets on Underwriting Culture, Greenberg Ways in Restoring AIG to Greatness

Brian Duperreault, who rejoined American International Group Inc. as chief executive officer last year to turn the company around, remembers another era when the insurer was trying to blaze a trail toward greatness. In 1973, Duperreault arrived at AIG’s old …

Georgia Woman Arrested for Torching Home, Filing Claim with State Farm

A Habersham County, Ga., woman has been charged with first-degree arson for allegedly setting fire to her home and one count of insurance fraud for submitting a fraudulent insurance claim, according to a statement from Insurance and Safety Fire Commissioner …

Tennessee: $3.2M in Restitution Returned to Insurance Consumers So Far in 2018

The Tennessee Department of Commerce & Insurance’s (TDCI) Consumer Insurance Services Section has returned $3.2 million so far to Tennesseans through its restitution efforts in 2018, according to a statement from TDCI. Through the first eight months of 2018, TDCI …

CoreLogic: 759K Homes, $170B in Reconstruction Value at Risk from Florence Storm Surge

Nearly 759,000 homes with a reconstruction cost value (RCV) of approximately $170.2 billion are at potential risk of storm surge damage from Hurricane Florence based on its Category 4 status, CoreLogic said in an analysis released late Monday. With projections …