Business Insurance Archives - Page 2 of 11

LAPD Reserve Officer and Brother SLAMMED with Felony Insurance Fraud Charges!

10 June, 2025
Aleksa NOA

LAPD Reserve Officer and Brother SLAMMED with Felony Insurance Fraud Charges! Law enforcement officer from LAPD and reservist 37 year-old Eric Benjamin “Ben” Halem of Porter Ranch was charged with insurance fraud alongside his brother Jacob Halem (32, Tarzana). Their charges stemmed from an investigation conducted by the California Department of Insurance. As reported by […]

The Hidden Power of IULs – Using Bonuses and Multipliers to Boost Returns

10 June, 2025
Aleksa NOA

The Hidden Power of IULs – Using Bonuses and Multipliers to Boost Returns Indexed universal life insurance policies are increasingly popular, offering a unique blend of life insurance coverage and investment potential. As IUL’s popularity grows, the marketplace has become crowded with numerous new products touting exciting and enticing features to differentiate themselves from the […]

Florida Passes Key Rail Bill, Settles Insurance and Indemnity Questions for Brightline

10 June, 2025
Aleksa NOA

Florida Passes Key Rail Bill, Settles Insurance and Indemnity Questions for Brightline Florida lawmakers have just finished drafting a statute to sort out who pays when accidents happen on the commuter line that will soon run up and down the Coastal Link route. That stretch of track-the same one Brightline and FECR inherit through Miami-Dade, […]

Slide Insurance Launches 20 Million-Share IPO Ahead of Nasdaq Debut

10 June, 2025
Aleksa NOA

Slide Insurance Launches 20 Million-Share IPO Ahead of Nasdaq Debut Slide Insurance Holdings, Inc. is stepping into the public arena with a fresh filing, inviting investors to take 20 million freshly minted shares of common stock. Each share carries a modest par value of just a penny. The transaction is split so that the company […]

Urgent Response – Hawaii Revives Hurricane Fund, Expands Insurance Safety Net

8 June, 2025
Aleksa NOA

A property insurance measure that renews the Hawaii Hurricane Relief Fund (HHRF) and modifies the role of the state’s insurer of last resort has been passed by the Hawaii Legislature and is now on the desk of Gov. Josh Green (shown above). The governor has recently approved a different law that increases the notification periods […]

AI Threats Are Rising – Here’s Why Your Employees Are the Ultimate Defense

8 June, 2025
Aleksa NOA

In today’s modern world, new technologies come with pros and cons, and AI is a prime example. It is hard to deny the endless possibilities that come with AI, but at the same time, it can be seen as a threat. As much as businesses benefit from AI technology, cyber criminals benefit equally, if not […]

Federal Life Seals the Deal with Texas Service Life Takeover

8 June, 2025
Aleksa NOA

Texas Service Life Insurance Co. is now officially a subsidiary of Federal Life Insurance Co. These companies (formerly owned by Texas Service Life) were also gleaned by Bain Capital. Insignificant or none of the Texas Service chains were remarked in this deal. In a prepared statement, Olson asserted that “families view such products as essential,” […]

Leadership Move: Nicola Barrett Named Second VP and Actuary at The Standard

8 June, 2025
Aleksa NOA

Standard Insurance Company (The Standard) has appointed Nicola Barrett (picture) as second vice president and actuary, actuarial governance and enterprise risk management. This is part of the company’s ongoing initiatives to enhance the risk oversight and governance across the organization. As per a news release, Barrett will oversee developing and executing actuarial governance and enterprise […]

Could a Mega Deal Be Coming? Allianz Eyes Bold Acquisition

8 June, 2025
Aleksa NOA

As built on Capital Four’s reporting by Bloomberg, Allianz is reportedly mulling acquiring Capital Four, a European credit manager based in Copenhagen. The sources noted that the discussions are at a preliminary phase and may experience some hiccups or may not reach fruition. The spokespeople from Allianz and Capital Four did not provide insight on […]

UnitedHealthcare announces new CEO after killing of Brian Thompson

8 June, 2025
Aleksa NOA

UnitedHealthcare announces new CEO after killing of Brian Thompson UnitedHealthcare’s new CEO, Tim Noel, has been with parent company UnitedHealth Group since 2007 Police say murder suspect of UnitedHealthcare CEO had multiple fake IDs on him UnitedHealth Group on Thursday announced the new leader of its insurance division, UnitedHealthcare, after the alleged targeted killing of former […]