Ministers from major trading nations will try to keep struggling world talks alive today, June 5, with supporters saying a deal could help offset the global food crisis and soften the economic slowdown. Ministers from the United States, the European …
Pat Gallagher, Chairman, President and CEO of Arthur J Gallagher & Co. visited Lloyd’s last week, and spoke in glowing terms about its accomplishments. All of which Lloyd’s duly noted in an article on its web site (www.lloyds.com). He noted: …
Texas Mutual Insurance Company has partnered with Hilb, Rogal and Hobbs (HRH) to offer a workers’ compensation purchasing group for hotels, motels, bed and breakfasts, and hospitality groups. Members of the Texas Lodging Group (TLG) get a premium discount, an …
CRM Holdings, which had been a major third party administrator for self-insured workers’ compensation trusts in New York, will surrender its trust license by the end of the summer as part of a settlement reached with state regulators. The settlement …
The Liberty Mutual Group announced that it and its partner Dabur GI Invest Corp plan to form a non-life insurance company in India to provide personal and commercial insurance products through a range of distribution channels such as agents, banks …
Insurance is best regulated at the local level. That’s the opinion of California Insurance Commissioner Steve Poizner, who shared his views during his welcome address to the National Association of Insurance Commissioners Summer Meeting in San Francisco. Poizner said he …
NICB Fraud Summit examines winning and losing aspects of insurance fraud initiatives The biggest barrier to effectively prosecuting individuals who commit insurance fraud is finding an effective prosecutor, Scott Cassidy, chief of special prosecutions, Cook County State’s Attorney’s office said …
But Southeast states show some progress, with auto ‘give-ups’ among the targets Budget shortfalls have slowed the progress of fraud bills in many states around the U.S. while lawmakers feverishly work to find money to run their cash-strapped governments. Even …
Feds Focus on Arson, Hurricane Katrina, Corporate Fraud, Premium Diversion and Workers’ Compensation The Federal Bureau of Investigation pursued 529 financial crime cases in its most recent fiscal year, including 209 insurance fraud cases. During the fiscal year 2007, the …
In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with more than 100 representatives of the domestic Chinese insurance industry at …
