Archive for the ‘General Insurance’ Category
Violent Weather Likely Will Prompt Higher Rates, Less Coverage
Moore,Okla., resident John Landis lost two homes to tornadoes. When the May 3 tornado leveled his home in 1999, Landis had no insurance on the property…
Allianz Employee Sentenced To 27 Months For Fraud
A former claims adjuster for Allianz was sentenced to 27 months in federal prison for defrauding the company of more than $400,000 that he diverted to himself…
Okla. Tornado Damage Could Exceed $2 Billion
Damage from the deadly tornado that struck Moore, Okla.,could surpass $2 billion in insured losses, state Insurance Commissioner John Doak estimated.
Tornado Has Insurance Industry Poised For Deluge Of Claims
As Oklahoma communities grapple with the devastation caused by this week’s deadly tornadoes, the financial impact from the loss of homes and other property remains unclear…
The Hartford CEO Reveals Progress On Transformation
The Hartford is reaching a milestone in its effort to transform the 203-year-old firm and deliver greater shareholder value, company chairman, president and chief executive officer Liam E. McGee said…