US personal lines insurer Allstate Insurance Company has won a court case that puts an end to fraudulent business and billing schemes carried out by unlicensed medical and chiropractic personnel. In a lawsuit filed in the Los Angeles ...
Tags: insurer, Fraud Lawsuit
Reinsurance and insurance provider Validus Holdings is planning to establish a Swiss underwriting company, by transforming the existing operations of Flagstone Reassurance Suisse. Following regulatory approval, the company will be ...
US-based community-focused health insurer MVP Health Care (MVP) has decided to implement PaySpan's platform to automate reimbursements for providers and members across New York, Vermont and New Hampshire. The payment tool will streamline ...
Tags: Health Care, Automate Payments
Socius Insurance Services, a San Francisco-based management liability and property & casualty insurance wholesaler, has appointed Matt Dross as the new vice president, property & casualty practice. Dross will oversee the business from ...
Tags: Socius Insurance
China's first insurance supermarket co-built by media companies started trial operation in Chongqing Municipality on September 24. The supermarket has integrated about 80% and more than 30 well-known insurance products in Chongqing and ...
Tags: Insurance, Insurance Supermarket, Service
Kal Tire has partnered with insurance provider Aviva Canada to discount the price of qualifying winter tires purchased by the insurer's customers between Sept. 16 and Nov. 30, 2013. Under the partnership, Aviva Canada existing customers ...
Tags: Auto Parts, tyre, tire
Phoenix Aviation Managers has introduced a new policy Aviation Manufactured Products Liability Coverage for the manufacturers of non-critical aircraft parts and components. The new product offers liability limits of up to $50m CSL ...
Multiline insurance and reinsurance company Global Atlantic Financial Group has signed an agreement to buy Forethought Financial Group, a US-based financial services company with life insurance and annuity operations. Pending regulatory ...
Tags: insurance, reinsurance
Indonesian joint venture partners Sinar Mas Group and CT Corp are planning to divest their share in insurance company Mega Life to a foreign partner. Established in 2003 as an insurance joint venture (JV) between Sinar Mas and CT Corp, ...
Bermuda-based AXIS Capital has set up a new syndicate to expand its global underwriting platform, and provide access to Lloyd’s worldwide licenses and distribution network. Named AXIS Syndicate 1686, will be managed by Asta Managing ...
Tags: Insurance, Underwriting Syndicate
UK general insurer Allianz Insurance has implemented Guidewire’s claims management system ClaimCenter standardize claims handling processes. According to Guidewire, the system will provide visibility into claims operations, data ...
Global insurance market Lloyd's has posted a profit of $2.1bn for the six-month period ended on 30 June 2013, compared to $2.4bn recorded during the corresponding period last fiscal. Gross written premium increased by 4.9% to $23.9bn from ...
A new study has shown convincing motorists to support autonomous vehicles may be a major challenge, despite many of the world’s leading car makers promising to launch driverless technology by the end of the decade. A survey of 1000 ...
Tags: Autonomous Vehicles
Sometimes a deal is not as good as it can appear, LED Canada explains how bypassing proper certification can lead to big headaches. All electrical products sold in Canada are required to have one of ETL, cULus or CSA safety certification. ...
Tags: LED Lighting, electrical products
United American Insurance Company has chosen iPipeline’s iGO e-App, with a strategy to modernize marketing of its medicare supplement insurance. The intelligent fillable form software offers speed-to-market advantages and reduces ...