February 25, 2015
AXA SA, France’s largest insurer, reported a 12 percent jump in full-year profit, buoyed by its life and savings division. The shares rose. Net income climbed to 5.02 billion euros ($5.7 billion) from 4.48 billion euros a year earlier, AXA …
February 24, 2015
Nelson Claims Consulting LLC announced the formation of a highly specialized consulting group focused on providing management services to insurance carriers, policyholders and legal teams for all components of complex and high value contents claims, dispute resolution and litigation support. …
February 24, 2015
Indiana’s secretary of state is warning Hoosier businesses to be wary of a payment scam that’s tied to a deceptive letter. Connie Lawson says businesses have recently received a letter claiming to come from a group called the Indiana Council …
February 24, 2015
The former owner of an Oklahoma City nursing home must pay a woman’s family more than $1 million in damages after staff were caught abusing the woman on camera. A jury recently awarded the three daughters of 96-year-old Eryetha Mayberry …
February 24, 2015
That Google is getting into auto insurance should have the voice in the head of every agent who sells personal auto coverage saying: “Be afraid, be very afraid.” OK, that’s not exactly how W.R. Berkley Corp. CEO William R. Berkley …
February 24, 2015
The California Earthquake Authority has begun surveying Napa residents to find out how well their homes withstood the magnitude 6.0 earthquake centered in the South Napa area on Aug. 24, 2014. Under an initiative that CEA executives hope will lead …
February 24, 2015
SIAA (Strategic Insurance Agency Alliance) said it grew premium by $901 million in 2014 to $5.7 billion, with 80 percent of its growth coming from existing member agencies. Premium growth with SIAA’s strategic partner companies was up more than $576 …
February 24, 2015
Sunnyvale, Calif.-based Aegis Specialty Insurance Services has named Brian Weaver vice president of sales. Weaver has more than 34 years of insurance sales experience. Most recently, Weaver was vice president of sales for Pacific Specialty Insurance Co. Aegis Specialty is …
February 24, 2015
Uber, the popular ride-hailing app, is hitting taxicabs where it hurts: The medallion business. Taxi companies make money by charging drivers for medallions, or licenses to drive their cabs. In a note to investors last week, Jefferies analyst Sean Darby …
February 24, 2015
U.S. Senator Richard Blumenthal (D-Conn.) is urging the Department of Justice (DOJ) to investigate a recently aired CNN report’s allegation that auto insurers may be pressuring consumers to repair their vehicles at the insurers’ preferred repair shops. “Contrary to what …