Torrential rains in the Central Philippine Islands of Leyte and Mindinao caused a series of mudslides, beginning Friday night, in which an estimated 200 people have reportedly lost their lives. Authorities also fear another tragedy in the region as a …
Attorney General Brian Sandoval announced that District Judge Donald M. Mosley sentenced Purificacion Lobitos, age 56, to a maximum term of 32 months with a minimum term of 12 months in the Nevada Department of Corrections, for one count of …
Zurich Financial Services Group announced that it has signed an agreement for the sale of its wholly owned Non-life subsidiary in the Philippines, Zurich General Insurance Philippines, Inc., to Standard Insurance Company, Inc. of Manila. Zurich also said it “has …
Edmund Tse, Senior Vice Chairman and Co-Chief Operating Officer of American International Group, and Clemente Cabello, CEO of Mexico’s Grupo Nacional have been named to the prestigious Insurance Hall of Fame by the International Insurance Society, Inc. They will be …
Eduardo Rodriguez, 61, a former governor of Quezon Province in the Philippines, was held to answer on multiple charges, including reportedly faking the deaths of his mother-in-law and wife to illegally collect more than $150,000 on insurance policies. Rodriguez was …
Texas Insurance Commissioner Jose Montemayor issued an emergency cease and desist order against an alleged unauthorized insurance scheme that may have cost apartment owners and condominium associations millions of dollars in premiums for bogus property and liability coverage. According to …
Texas Insurance Commissioner Jose Montemayor issued an emergency cease-and-desist order against an alleged unauthorized insurance scheme that may have cost apartment owners and condominium associations millions of dollars in premiums for bogus property and liability coverage. According to the Texas …
Allianz AG’s Annual General Meeting (AGM) formalized a number of management changes. Michael Diekmann officially takes over today as the new Allianz Group CEO. His predecessor, Henning Schulte-Noelle, who agreed to step down last December, will succeed Klaus Liesen as …
AIR Worldwide Corporation (AIR), one of the leading providers in catastrophe modeling and weather risk management, announced the release of new typhoon and earthquake models for the Asia-Pacific region. “The new typhoon models include Taiwan, Hong Kong and the Philippines. …
California-based Risk Management Solutions (RMS) has expanded its catastrophe modeling capabilities to include windstorm risk in Ireland and Sweden, and earthquake risk in Turkey and the Philippines. The expansion brings the total number of territories in the RMS suite of …
