mutual of omaha News

Mutual of Omaha $600 Million Skyscraper to be Town’s Tallest Building

Omaha will have a new tallest building once Mutual of Omaha completes its planned $600 million headquarters tower downtown in 2026. Mutual CEO James Blackledge told the Omaha World-Herald that it recently became clear that the insurance company’s new skyscraper …

Nebraska’s Mutual of Omaha Puts Plan for New Headquarters on Hold

Insurer Mutual of Omaha’s plan to replace its Omaha, Nebraska, headquarters has been put on hold. The insurance company recently decided to put a pin in the idea of a new home base and instead focus on other priorities, the …

Focusing on Insurance, Mutual of Omaha Selling Bank to CIT

CIT Group is buying Mutual of Omaha Bank for $1 billion to expand its commercial banking operations. The deal would mean the end to Nebraska-based Mutual of Omaha’s foray into the banking sector, initiated in 2007. CEO James Blackledge said …

Georgia CPA Arrested for Falsifying Insurance Apps, Taking $11K in Benefits

A certified public accountant (CPA) in Georgia has been arrested and charged with insurance fraud by Special Fraud Investigators from the Georgia Department of Insurance (GADOI), according to a statement from Georgia Insurance Commissioner Ralph Hudgens. Earle Turner, Sr., 67, …

Kansas High Court: Insurer Must Cover Student Injured in Crash

The Kansas Supreme Court has ruled that an insurance company should cover a student who was in a private vehicle when he was injured in a crash on the way to a soccer match. The ruling stems from a 2006 …

Mutual of Omaha CEO Neary to Retire; Blackledge Named President, Successor

Omaha, Neb.-based Mutual of Omaha Chairman and CEO Dan Neary announced that he will retire in 2015. He will retain the role of chairman of the company’s board of directors. Executive Vice President James T. Blackledge has been appointed president …

Louisiana Court Rulings in Disability Case Go from Bad to Worse for Insurer

We’ve all had a bad day at the office, but some days are worse than others. It doesn’t get much worse than having a court — two courts in fact — tell you that not only is your position wrong, …

Appeals Court Sides with Paralyzed Texas Cheerleader in Suit Against Insurer

A federal appeals court has upheld judgment in favor of a former Texas cheerleader paralyzed in a tumbling accident who sued Nebraska-based insurance company Mutual of Omaha for refusing to pay his claim. The lawsuit focuses on an insurance policy …