Gary Shaughnessy has now been appointed as the chief executive officer as the insurer shuffles leadership again. The Zurich Insurance company has now announced that it has changed leadership in its Global Life business for the second time in a span of two years, now that it has appointed Gary Shaughnessy to the position. The new CEO had already been the head of the life insurance business for the U.K. with extensive experience. The 49 year old had also been the interim CEO of global life in Asia, Europe and…
Read MoreTag: life insurance policies
Life insurance won’t be impacted by doctor-assisted suicide ruling
An industry association has said that the Canadian court decision won’t have a significant affect. An insurance industry association has released a statement with regards to the potential affect on life insurance of the very recent ruling by the Supreme Court of Canada that has overturned the previous ban that had prohibited doctor-assisted suicide. The association said that the impact that will occur on that industry will not be a significant one. The ruling from the top Canadian court was made on Friday, in a unanimous decision to strike down…
Read MoreLife insurance report reveals key trends to 2018
Research and Markets has now released a new publication that provides insights into opportunities in the Philippines. Analytics firm, Research and Markets, has now added a new report to its offerings which they have entitled “Life Insurance in Philippines, Key Trends and Opportunities to 2018”, providing insight into that location and the opportunities that are opening up there over the next four years. The results of the study showed a number of important trends within this sector of the insurance industry. This life insurance news report showed that in the…
Read MoreLife insurance proposal for teachers disliked by regulators
The officials in Florida have spoken out against the plan, voiding “significant doubts”. Regulators of life insurance in Florida have now stated that they have “significant doubts” regarding an unconventional proposal that has been made by a consulting firm for providing teachers in the state with coverage that would be paid for by investors. The offer had been being considered by the Pasco County School District. The decision of that school district had been waiting on the Florida Office of Insurance Regulation’s opinion on the matter, back in May. Now…
Read MoreUtah life insurance scam involved a man murdering his wife
Conrad Truman has been accused of killing his wife in order to receive her benefits payouts. A man has been charged with a vicious form of Utah life insurance fraud that involved murdering his wife in order to be able to collect on her policy benefits of over $800,000. The man cried over her body in the hospital but was then said to be acting strangely and obstructed justice. After Conrad Truman killed his wife for her Utah life insurance, Heidy, a victim advocate reported that his behavior, attitude, and…
Read More