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Stonetrust Workers’ Comp Expands Into North Carolina Stonetrust Commercial Insurance, a workers’ compensation carrier based in Louisiana, has expanded into North Carolina, bringing to 13 the number of states in the Southeast and Midwest the company writes in. Stonetrust said in a statement that it is now …
POSTED DECEMBER 22, 2025 4:17 PM |
CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases The 79-year-old former CEO of a health care software firm was sentenced to 15 years in prison after he was convicted of more than $1 billion in fraud tied to falsely billing Medicare for durable medical equipment and other items. …
POSTED DECEMBER 22, 2025 3:55 PM |
People Moves: Chubb Overseas General Promotes DePeters to Lead Commercial Insurance, Specialty; BMS Taps Emkes From Lockton as Director of Commercial D&O This edition of International People Moves details appointments at Chubb Overseas General Insurance and BMS Group. A summary of these new hires follows here. Chubb Overseas General Promotes DePeters to Lead Commercial Insurance, Specialty Chubb announced that John DePeters has …
POSTED DECEMBER 22, 2025 3:50 PM |
Uber Safety Chief to Depart in Latest Executive Shakeup The Uber Technologies Inc. veteran overseeing its safety operations is set to depart, setting off a second round of executive changes this year at a time when the rideshare giant is being scrutinized in court over the measures it takes …
POSTED DECEMBER 22, 2025 3:05 PM |
AI, Cyber insurance and Climate Change Are Key Insurance Themes for 2026: GlobalData Artificial intelligence (AI), cyber insurance, and climate change/natural catastrophes are the three themes that will have the biggest impact on the insurance market in 2026, according to an annual prediction from GlobalData, the London-based data and analytics company. “Insurers that …
POSTED DECEMBER 22, 2025 3:04 PM |
NTSB Unclear Who Was at Controls in Jet Crash That Killed Biffle and 6 Others Federal investigators are trying to figure out why a business jet carrying retired NASCAR driver Greg Biffle and six others tried to return to a North Carolina airport just after takeoff but plowed into light poles and a tree line …
POSTED DECEMBER 22, 2025 2:46 PM |
Court Ruling Could Help Shed Light on Owners of Litigation Funders, Medical Clinics A federal appeals court ruling last week could potentially help insurers find out who is truly behind litigation financing and medical clinics that are said to participate in auto accidents and insurance fraud. But more legislation is needed in many …
POSTED DECEMBER 22, 2025 2:31 PM |
Climate Insurance Gap Is Widening – Leaving Marginalized Canadians Behind Every year, extreme weather events wreak havoc across Canada, disrupting the lives of tens of thousands. Financial losses from these events have surged, surpassing $7 billion in 2024, due in part to climate change, asset accumulation and more people living …
POSTED DECEMBER 22, 2025 1:46 PM |
Happy Holidays: 18,000 Delawareans Have Their Medical Debt Eliminated Delaware Governor Matt Meyer reported results of Delaware’s medical debt elimination initiative, with nearly $19 million in medical debt abolished for more than 18,000 citizens thus far. The effort is supported by a $500,000 item in the 2026 fiscal year …
POSTED DECEMBER 22, 2025 1:18 PM |
Private Credit Ratings Face Fresh Scrutiny From Global Watchdogs The private credit industry is facing fresh scrutiny from top global regulators over some of the ratings being assigned to debt in the $1.7 trillion market, people familiar with the matter told Bloomberg News. The Financial Stability Board, which monitors …
POSTED DECEMBER 22, 2025 1:06 PM |
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