Insurance news from India shows more officials facing suspension

Insurance news industry

A growing number of people have been caught in the massive Indian sting operation. At a time when insurance news headlines are already being made because almost all of the banks and insurers that were the target of a recent sting operation in India have promised to take strict action, there have been even more officials that will be facing suspensions. All of the banks and insurers have already started their own inquiries and have promised to take action. Among the actions that have been taken in this insurance news…

Read More

Insurance news from the ORNGE scandal in Canada deepens

insurance news from the provincial government in Ontario, Canada, ORNGE, a company that is already wracked with scandal in terms of its taxpayer money spend

It has now been revealed that the company spent taxpayer funds on a $10 million life policy for the CEO. According to the latest insurance news from the provincial government in Ontario, Canada, ORNGE, a company that is already wracked with scandal in terms of its taxpayer money spending, used public funds to purchase a $10 million life policy for Dr. Chris Mazza, the former CEO of the company. That coverage is estimated to have cost taxpayers $450,000 according to the Tory report. The insurance news deepened when it was…

Read More