Monthly Archives: <span>April 2023</span>

New York Lawyers, Doctor Sentenced in $31 Million Trip-and-Fall Insurance Fraud

A New York surgeon and two lawyers are the latest professionals to be sentenced for their roles in a massive massive trip-and-fall fraud scheme between 2013 and 2018 that exploited some of the most vulnerable citizens of the New York …

Mystery on Why Two Pesticide Workers Died After Fumigating Florida Warehouse

South Florida authorities are still investigating after two pesticide workers died and a third was hospitalized after fumigating a Pompano Beach warehouse. The three workers sprayed the Baer’s Furniture Warehouse Saturday and finished their shifts. One began to fill ill …

NC Commissioner Blasts Bill Giving Blue Cross More Control Over its Surplus

North Carolina’s dominant health insurance provider could transfer billions to a holding company instead of returning portions of that surplus to policyholders, under legislation that advanced Tuesday in the state House. The House Health Committee passed a bill with broad …

Ship Insurers Warn of Russian Oil Price Cap Evasion, Risks of Growing ‘Dark Fleet’

A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers has made ship insurers even more nervous of running foul of the rules as they are unable to independently track …

Ermotti Steps Down as Swiss Re Chair on April 30 When de Vaucleroy Takes Interim Role

Swiss Re announced that Sergio P. Ermotti is stepping down as chairman of the Board of Directors on April 30, 2023, after completing the agreed handover period, to fully focus on his new role at UBS, which was announced in …

Allegations Against Former Barclays CEO Staley ‘Very Serious’: CEO

Allegations made against British bank Barclays’ former CEO Jes Staley regarding his ties with sex offender Jeffrey Epstein are “very serious,” the lender’s current CEO C.S. Venkatakrishnan said on Thursday. In a call with reporters after the lender’s first quarter …

New Course for Insurance Professionals and CSRs: Other Personal Lines Solutions

April 27, 2023, Austin, TX – Insurance professionals who want to enhance their knowledge of personal lines insurance can now enroll in the CISR Other Personal Lines Solution course administered by The National Alliance for Insurance Education & Research. Part …

Fire Fears After UK’s Grenfell Disaster Set Back Wood Building, With Insurance as Factor

To get fire department approval for their six-story London office project made of strong engineered wood known as mass timber, Theo Michell and Richard Walker had to build a full-scale section of it in the UK, ship it to Poland …

ESG Backlash Overshadows Power to Drive Better Returns: UK’s Biggest Fund Manager

The politicization of the acronym ESG risks overshadowing its power to drive returns for shareholders, according to the head of investment stewardship at the UK’s biggest asset manager, Legal & General Investment Management. Taking environmental, social and corporate governance issues …

Hybrid-Work Environments Are Becoming More Inclusive for Women: Deloitte

After three years of trial and error, hybrid-work environments are finally becoming more inclusive. The number of women who reported feeling excluded from meetings and decisions is down more than 36% from last year, according to Deloitte’s third annual Women …