The Napa Valley earthquake in August offered another instance of a well-known phenomenon: Homeowners are radically underinsured against natural disasters. Are there ways to deal with this problem? Research shows that homeowners can be persuaded to consider insurance simply by recharacterizing the risks they face.
Voya Investment Management, the asset management business of Voya Financial, announced that it is expanding its efforts and investment offerings to meet the long-term investment needs of insurance companies.
Pennsylvania law enforcement officials conducted an insurance fraud sweep across the commonwealth, arresting 27 individuals for a variety of unrelated insurance fraud offenses
Arthur J. Gallagher & Co. announced that it has acquired Hagedorn & Company, based in New York City.
Axa is to partner with the private investment arm of the World Bank in what is set to be the most wide-ranging public-private venture to encourage the uptake of insurance ... Read →
Wells Fargo Insurance has named Kyle Samuel managing director for its Metro Washington, D.C., and Virginia offices.
New York’s top financial watchdog has launched an investigation into sales practices surrounding one of the hottest-selling products in life insurance, according to a letter from the regulator’s office reviewed ... Read →
Five physicians are running for seats in the Maryland General Assembly this year, a spike in doctor interest in political service that the candidates say coincides with rising state regulation over health.
Anthony Kim hasn’t played on the PGA Tour since 2012, and he has 10 million reasons to never come back.
The former Ryder Cup sensation and up-and-coming Tour player has a ... Read →
A flaw in the federal calculator for certifying that insurance meets the health law’s toughest standard is leading dozens of large employers to offer plans that lack basic benefits such as hospitalization coverage, according to brokers and consultants.
HealthCare.gov, President Barack Obama‘s health insurance exchange, has security and privacy protection vulnerabilities, a U.S. government watchdog reported on Tuesday, nearly a year after the website’s troubled rollout.
The General Accounting ... Read →
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A Hoboken, N.J., financial consultant has admitted that he evaded taxes on about $273,000 in commission payments he got from a Maryland insurance broker. Read »
Two Phoenix businessmen have been indicted by a federal grand jury on tax charges related to transfers of cash totaling more than $700,000.