All Insurance articles
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Whistleblower’s defamation case reveals scope of USAA ‘coverup’
A defamation lawsuit filed by a whistleblower against USAA, which a Florida judge recently dismissed on a technicality, revealed in public court records an estimated 400,000 violations of the Military Lending Act by USAA Federal Savings Bank (USAA Bank), an indirect wholly owned subsidiary of USAA.
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Blog
Boston Mutual Life Insurance promotes legal chief to president, COO
Boston Mutual Life Insurance Company announced that General Counsel & Secretary Grant Ward, Sr., JD, has been named president and chief operating officer, effective Jan. 1.
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Blog
Liberty Bankers Insurance appoints compliance, legal chief
Liberty Bankers Insurance Group announced Lori Ann Fox as the new senior vice president, chief compliance and legal officer.
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Blog
Reassured names risk, compliance chief
Life insurance broker Reassured appointed Philip Byrne as the new chief risk and compliance officer.
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Could your firm potentially be the subject of a DOJ whistleblower action? Time to get ready
Now that the U.S. Department of Justice launched a new pilot whistleblower program, many questions remain. What types of companies might find themselves to be the subject of a criminal investigation stemming from a whistleblower tip? And what should they do to prepare for a whistleblower tip?
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News Brief
MetLife subsidiary fined $178K by OFAC for issuing premiums to Iran-controlled entities
A subsidiary of MetLife will pay more than $178,000 for violating U.S. sanctions on Iran when it provided insurance policies to entities in the United Arab Emirates owned or controlled by Iran.
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Blog
Optio adds first group risk chief
Optio Group announced the appointment of Insi Davenport to the newly created executive role of group chief risk officer.
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Somerset Reinsurance appoints risk chief
Somerset Reinsurance announced the appointment of Riley LaTour as chief risk officer.
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AIG appoints chief risk officer
American International Group announced that Christopher Schaper has been appointed chief risk officer.
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The Mutual Group appoints GC, CCO
TMG Insurance Services announced that Shannon Woods has joined as general counsel and chief compliance officer.
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Blog
Cowbell names general counsel
Cowbell, a provider of cyber insurance for small and medium-sized enterprises and middle-market businesses, has promoted Eric Biderman to general counsel.
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Blog
MLC Life Insurance names CRO as customer, strategy chief
MLC Life Insurance appointed its Chief Risk Officer Jane McGovern as chief customer and strategy officer.
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Aspen appoints group compliance head
Insurance firm Aspen announced that Peter Spires has joined as group head of compliance & deputy group general counsel.
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Helvetia Insurance appoints group risk chief
Helvetia Insurance announced the appointment of Bernhard Kaufmann as group chief risk officer, effective Nov. 1.
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Blog
QBE Insurance announces risk chief for Australia Pacific
QBE Insurance announced the appointment of Ed Rainsford as chief risk officer, Australia Pacific.
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Blog
MDpanel welcomes general counsel
MDpanel, a provider of expert medical opinions as part of the insurance claims process, announced that Patrick Eagen has joined as general counsel.
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Premium
DORA set to enhance cyber resilience requirements for EU financial firms
The European Union’s Digital Operational Resilience Act, which is set to take effect next year, will require financial services firms to implement stronger measures to protect not only themselves from disruption caused by cyberattacks but also the sector as a whole.
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Blog
GuideOne Insurance names risk chief
GuideOne Insurance Company announced that Troy Spoonemore has been promoted to chief underwriting and risk officer.
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Blog
Peak Re announces chief risk officer
Peak Reinsurance Company announced the appointment of David Menezes as chief risk officer.
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Blog
Ascot Group announces group GC
Global specialty insurance company Ascot Group Limited announced that Michael Sevi has joined the firm as group general counsel.