insurance fraud

ICBC releases strangest insurance fraud cases of 2014

The auto insurer had recommended that charges be laid against 100 people, last year, for a range of scams. The ICBC has now released a…

climate change insurance industry

Climate change is forming a broadening insurance industry struggle

The shift away from the traditional attitude of insurers is generating considerable controversy. While the insurance industry has traditionally been a strong supporter of the…

terrorism insurance industry news 9/11 Memorial in 2004

Insurance news made in NY when judge blocks 9/11 claims against airlines

The ruling in New York is that the World Trade Center’s owners cannot demand payouts from the attacks. A federal judge has just made insurance…

Insurance Industry Boston sports

Insurance industry may not be liable for payouts relating to Boston Marathon Bombings

Insurance industry may be exempt from claims payouts The Boston Marathon Bombings continue to send ripples throughout the insurance industry as more details concerning the…

insurance industry report

Insurance industry faced with major losses in 2012

Swiss Re reports on insurance industry losses from 2012 The insurance industry faced massive losses due to natural disasters and man-made catastrophes in 2012, according…

AIG to repay $6 billion to U.S. government following AIA share sale

American International Group Inc. (AIG) will use $6 billion following the sale of AIA Group Ltd. shares to repay some of the $182.3 billion in…

April tornados cause more than $2.2 billion in damage, according to Alabama insurance officials

The Alabama Department of Insurance has released the latest numbers concerning insured losses from the tornado outbreak in April of last year. A series of…