All Insurance articles – Page 5
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News Brief
Five more board members resign in DOJ antitrust sweep
Five corporate board members resigned after being flagged by the Department of Justice for potentially violating the antitrust provisions of the Clayton Act.
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Blog
New York Life promotes managing director to chief diversity officer
Mutual fund insurer New York Life announced the promotion of Managing Director Jomil Guerrero to chief diversity officer.
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Blog
Great-West Lifeco names chief risk officer
Canadian insurance company Great-West Lifeco announced the appointment of Dervla Tomlin, current chief actuary, as chief risk officer.
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Blog
Unum appoints chief global inclusion and diversity officer
Unum, a workplace insurance provider, announced the appointment of Valoria Armstrong as chief global inclusion and diversity officer.
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Article
Neptune Flood appoints chief risk officer
Neptune Flood Insurance announced the appointment of Matthew Duffy as chief risk officer.
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Article
Allstate appoints chief legal officer
Insurance company Allstate announced the appointment of Christine DeBiase as executive vice president, chief legal officer, general counsel, and corporate secretary, effective Jan. 3, 2023.
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Article
Sun Life appoints chief risk officer
Financial services and insurance company Sun Life announced the appointment of Tom Murphy as vice president and chief risk officer.
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Article
American Financial Group promotes CCO to general counsel
American Financial Group announced the promotion of Chief Compliance Officer Mark Weiss to senior vice president and general counsel.
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ArticleInsurance broker Gallagher latest target of DOJ Ecuador probe
Insurance broker Arthur J. Gallagher is under investigation by the Department of Justice related to its business in Ecuador.
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Article
Greenlight Capital Re CCO to depart
Greenlight Capital Re and Greenlight Reinsurance disclosed Laura Accurso, general counsel, corporate secretary, and chief compliance officer, will depart, effective Dec. 31.
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ArticleMS Amlin Underwriting fined $11M over risk, governance lapses
The U.K.’s Prudential Regulation Authority fined specialty insurer MS Amlin Underwriting nearly £9.7 million (U.S. $10.9 million) for risk management and governance failings over a five-year period.
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ArticleEyeMed fined $4.5M over cybersecurity lapses that led to breach
EyeMed Vision Care agreed to pay $4.5 million as part of a settlement with the New York State Department of Financial Services for cybersecurity control failures that helped enable a 2020 data breach.
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ArticleDOJ intervenes in lawsuit against Cigna alleging Medicare fraud
Cigna created a home visit program for Medicare patients that artificially inflated government payments by intentionally incorrectly diagnosing tens of thousands of patients with serious illnesses, the Department of Justice charged in an intervenor complaint.
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Article
Ryan Specialty adds first chief risk officer
International insurance firm Ryan Specialty Holdings announced the addition of Waleed Husain as its first chief risk officer.
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Article
Allianz adds chief compliance officer
Allianz Holdings, the primary owner of U.K.-based insurance company Allianz SE, announced the appointment of Alison Rayner as chief compliance and corporate affairs officer, effective February 2023.
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ArticleJohn Hancock to repay $23.8M over N.Y. insurance law violations
John Hancock Life & Health Insurance Company will return a total of $23.8 million to customers and the state of New York and pay a $2.5 million fine for violations of the state’s law regarding the handling of long-term care insurance policies.
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Article
RSA Insurance appoints international chief compliance officer
RSA Insurance announced the appointment of Peter Townsend as chief compliance officer for the company’s United Kingdom and international business.
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Article
Crum & Forster adds chief risk officer
Crum & Forster, a national property and casualty insurance company, announced the appointment of Nick Cook to the newly created role of chief risk officer.
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ArticleHealth Insurance Innovations, ex-CEO to pay $12M to settle fraud charges
Health Insurance Innovations and its former CEO Gavin Stockwell will pay a total of more than $12 million to settle SEC charges of misrepresenting the robustness of the company’s compliance program and misleading investors about customer complaints.
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Article
Admiral Group names group chief risk and compliance officer
Admiral Group, a financial services and insurance company with businesses in the United Kingdom, Europe, and America, announced the appointment of Keith Davies as group chief risk and compliance officer.