All Insurance articles – Page 7
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AIG appoints chief risk officer
Global insurance firm American International Group, Inc. announces the appointment of Sabra Purtill as executive vice president, chief risk officer.
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ArticleAllianz bracing for financial hit amid DOJ scrutiny
Insurance giant Allianz disclosed it could face enforcement resulting from Department of Justice and Securities and Exchange Commission probes into its Structured Alpha Funds business.
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ArticleQ&A: Cigna’s approach to SEC human capital disclosure requirements
Julia Brncic, senior vice president, chief counsel and corporate secretary at Cigna, shares how the global health insurance company is complying with new human capital disclosure requirements in Regulation S-K.
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ArticleTIAA subsidiary to pay $97M over wealth advisory sales practices
A subsidiary of the Teachers Insurance and Annuity Association of America has agreed to pay $97 million to settle charges of inaccurate and misleading statements and failing to adequately disclose conflicts of interest regarding employer-sponsored retirement plans.
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ArticleFirst American Financial settles SEC charges for cyber-security failures
First American Financial Corp. reached a $487,616 settlement with the SEC for failing to maintain cyber-security disclosure controls and procedures that exposed more than 800 million title insurance records containing sensitive customer information.
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Article
Guardian Life names chief ethics and compliance officer
The Guardian Life Insurance Company of America® announced Phil Pescatore will be its new chief ethics and compliance officer.
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ArticleSwiss Life to pay $77.4M for tax evasion scheme
Swiss Life Holding and three of its subsidiaries entered a deferred prosecution agreement with the Justice Department and will pay $77.4 million for conspiring with U.S. taxpayers to conceal more than $1.4 billion in offshore insurance policies.
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Zurich North America appoints Canada chief risk officer
Insurance company Zurich North America has named Sonia Kundi as Canada chief risk officer.
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ArticleCyber-insurance: Why you need it and how to choose the right plan
As cyber-attacks surge, the need for cyber-insurance is growing more urgent. But it’s critical for companies to first familiarize themselves with how to navigate the labyrinth of cyber-insurance products on the market so that they are properly covered.
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Standard Insurance Company appoints compliance officer
Standard Insurance Company has promoted Camille Tourje to second vice president, compliance officer.
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Lincoln Financial tabs general counsel
Insurance firm Lincoln Financial Group announced Craig Beazer has been named executive vice president and general counsel.
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Allianz insurance arm tabs NA chief compliance officer
Allianz Global Corporate & Specialty, a global corporate insurance carrier that is part of the Allianz Group, announced the appointment of Adam Hamm as chief compliance officer for North America.
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Assurant names chief accounting officer
Global insurance firm Assurant announced the appointment of Dimitry DiRienzo as senior vice president, chief accounting officer and controller.
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Markel names chief risk officer
Insurance firm Markel Corp. announced Julia Chu has been appointed chief risk officer.
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ArticleFirst American first charged with NYDFS cyber-regulation abuses
First American Title Insurance Company has become the first firm to face charges alleging violations of the New York State Department of Financial Services’ Cybersecurity Regulation.
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USAA tabs legal chief, general counsel
Insurance provider USAA has named Bob Johnson its chief legal officer and general counsel, reporting to CEO Wayne Peacock.
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Nonprofits Insurance Alliance adds chief risk officer
Nonprofits Insurance Alliance, a group of cooperative 501 nonprofit insurance organizations, announced the appointment of Steven Salar as chief risk officer.
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ArticleFCC seeks record $225M fine for robocall scam
The Federal Communications Commission is seeking a $225 million fine—the largest proposed penalty in its 86-year history—against a health insurance telemarketer for allegedly making approximately one billion illegally spoofed robocalls.
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Argo Group to pay $900K for failing to fully disclose CEO perks
Argo Group International Holdings must pay a $900,000 civil penalty in a settlement reached with the SEC to resolve charges that it failed to fully disclose perquisites and benefits provided to its former chief executive officer.
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Guardian Life names general counsel
The Guardian Life Insurance Company of America announced Kermitt Brooks has joined the company as executive vice president and general counsel.