Oklahoma Man Gets 18-Year Sentence for Insurance Fraud June 13, 2016 An Oklahoma man has been sentenced to 18 years in prison for insurance fraud. Oklahoma Attorney General Scott Pruitt announced...
XL Catlin Names Haynes as Senior U/W, International Casualty, Asia June 13, 2016 XL Catlin has appointed Lloyd Haynes as senior underwriter, International Casualty, covering the Asia Pacific market, based in Singapore. Haynes...
N.Y. Court Says BofA, Countrywide Merger Communications Must Be Disclosed June 13, 2016 By Michael Virtanen New York’s highest court ruled on June 9 that Bank of America must disclose to an insurer communications it had...
Oregon Homeonwers of Lot with Falling Tree Sued by Husband of Dead Woman June 13, 2016 The husband of a Portland, Ore. woman killed when a tree slammed into their house has filed a wrongful death...
Nevada Chosen as Test Site for Passenger-Carrying Drones June 13, 2016 A company that manufactures passenger-carrying drones will be testing its system in Nevada. The Las Vegas Review-Journal reported that EHang...
Commercial Insurance Pricing Inched Up in Q1: Willis Towers Watson June 13, 2016 By Andrew G. Simpson Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according...
Lunch with Buffett Charity Bid Tops $3.46M June 13, 2016 By Katherine Chiglinsky Warren Buffett’s annual charity lunch auction drew a winning bid of $3.46 million, matching the record. That final offer came...
Winners of 1st Innovation in Insurance Awards Are ‘Change Leaders’ June 13, 2016 The winners of the first annual Innovation in Insurance awards include Allianz, AXA, Europ Assistance, MS&AD Insurance, and USAA. The...
Companies Rely More on Tips Than Technology to Detect Fraud: KPMG June 13, 2016 Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use...
Amica Mutual to Offer Auto Insurance Through Compare.com June 13, 2016 Amica Mutual Insurance has begun offering auto insurance quotes through the online auto comparison site Compare.com. Amica will offer quotes...