All Insurance articles
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PremiumNavigating top risks in the insurance industry
Cyber threats, climate-related catastrophes, and disruptive technologies remain top risks reshaping the U.S. insurance industry. The question is how chief risk officers at the nation’s largest insurers are confronting them.
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News BriefDOJ declines to prosecute Liberty Mutual in $4.7M FCPA bribery case
Liberty Mutual agreed to give up $4.7 million in profit – the amount it earned from a bribery scheme uncovered by the government – as part of a settlement related to the Foreign Corrupt Practices Act, according to a letter from the U.S. Department of Justice.
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Falvey Insurance Group names CRO
Falvey Insurance Group announced the appointment of Eric Newman as chief risk officer.
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Incline P&C Group appoints risk chief
Incline P&C Group, a property and casualty insurance program market services firm, announced the appointment of Sheel Patel as chief risk and strategy officer.
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Liberty Mutual Insurance names CCO
Liberty Mutual Insurance announced that Nicole Arangio has been named executive vice president and chief compliance officer, effective Apr 1.
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PremiumWhistleblower’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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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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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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Reassured names risk, compliance chief
Life insurance broker Reassured appointed Philip Byrne as the new chief risk and compliance officer.
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PremiumCould 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 BriefMetLife 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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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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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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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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QBE Insurance announces risk chief for Australia Pacific
QBE Insurance announced the appointment of Ed Rainsford as chief risk officer, Australia Pacific.