filed in Insurance News on Dec.18, 2008
Or tries to. Anthony Myers Sr. of Mt. Olive New Jersey recently pleaded guilty to falsifying reports of his sons death in 2006. Its unclear how insurance agents found out about the fraud, but the son lives with his mom in North Carolina so I’m sure there were lots of trails. However, is appears he’s [...]
filed in Insurance News, International Insurance News on Nov.27, 2008
I had to post this as an addendum to my post s few days ago about China Life acquiring AIG’s Asian assets. Apparently the president of China Life, Miao Jianmin, said Tuesday he is unaware of any plan by the company to buy a stake in American International Group Inc. (AIG). Hmm. Either something’s fishy [...]
filed in International Insurance News on Nov.26, 2008
Yet another foreign company, Swiss Life is cutting about 200 employees and making other cuts to their budget. The once thriving company is now limping along and its hoping this latest wave of belt-tightening will help them out. Swiss Life is just one more indicator that the insurance market continues to dive as it gets [...]