How Media Portrayals Influence Workers’ Compensation Fraud April 14, 2015 By Denise Johnson The depiction of workers’ compensation fraud by the media has affected the public’s perception of the crime, according to claims...
Vienna Insurance Misses 2014 Profit Estimates on $85 Million Heta Writedown April 14, 2015 By Alexander Weber Vienna Insurance Group AG wrote down debt of Austrian “bad bank” Heta Asset Resolution AG by 80 million euros ($85...
Pearce Joins Trade Group AIA as Tax Policy Director April 14, 2015 The American Insurance Association (AIA) announced that David F. Pearce Jr. has been named vice president, director of tax policy...
Honda Confirms Airbag Injured Florida Driver April 14, 2015 Honda Motor Co. Ltd.’s American unit on Monday confirmed that a faulty airbag inflator made by Takata Corp. ruptured in...
DUAL Launches Marine Operations in The Netherlands April 14, 2015 DUAL, the underwriting agency arm of Hyperion Insurance Group, has opened its first office in The Netherlands. The Rotterdam office...
Floods & Drought Amid Climate Change Cost Global Economy Billions: Oxford April 14, 2015 By Randall Hackley A new report on water insecurity says floods and drought amid climate change and a lack of investment in reliable...
Most Cyber Attacks Due to Trick Emails, Errors, Not Sophisticated Hacking April 14, 2015 By Joseph Menn When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication...
El Nino May Develop by June; Australia Issues Alert on Tropical Pacific Ocean April 14, 2015 By Phoebe Sedgman An El Nino may develop by June, according to Australia’s state forecaster, which upgraded its outlook for the weather-altering pattern...
A.M. Best: Takaful Operators Struggle With Fierce Competition, Profitability April 14, 2015 The significant premium growth in the global takaful sector is expected to continue and reach USD$20 billion by 2017, with...
Ironshore Global Property Raises Energy Sector Capacity Limits to $35 Million April 14, 2015 Bermuda-based Ironshore Inc. announced that its Global Property Energy division will increase its capacity limits from $25 million to up...