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Gallagher Buys Butler, a Georgia Benefits Agency
Arthur J. Gallagher, the global insurance brokerage, announced it has acquired Georgia-based Sheila J. Butler & Co., an employee benefits firm. Butler and team will remain in their office locale in Carrollton, Georgia, under the direction of Colby Paxton, head …
POSTED DECEMBER 13, 2024 2:56 PM |
Texas Accuses Allstate-Owned Arity of Data Privacy Violations
Texas Attorney General Ken Paxton has filed a notice of violation against Allstate-owned Arity, a mobile data company that collects drivers’ information, for breaching the Texas Data Privacy and Security Act (TDPSA). The Nov. 29 notice alleges Arity fails to …
POSTED DECEMBER 13, 2024 2:56 PM |
7 in South Carolina Plead Guilty to Defrauding Aflac But Get No Jail Time
Seven people in South Carolina pleaded guilty this week to a scheme to defraud Aflac Insurance and other insurers out of more than $70,000 by making false claims with forged documents. But they won’t be going to prison. The South …
POSTED DECEMBER 13, 2024 2:23 PM |
‘Delay, Deny:’ Woman in Florida Charged with Threatening BCBS After Claim Denial
A Lakeland, Florida, woman was charged this week with threatening mass violence after she reportedly told her health insurance company: “Delay, deny, depose. You people are next” – echoing words allegedly used by the shooter of the UnitedHealthcare CEO. Briana …
POSTED DECEMBER 13, 2024 1:46 PM |
Home Care Agency Owes $414K in Back Pay, Damages to 62 Workers Denied Overtime
The U.S. Department of Labor reported it has obtained a consent judgment against a home healthcare agency and its owner, Teajan Kamara, who had deliberately failed to pay employees their legally earned overtime wages. Following a filing by the department …
POSTED DECEMBER 13, 2024 1:35 PM |
Swiss Re Targets Net Income of More Than US$4.4 billion for 2025
Swiss Re is targeting a net income of more than US$4.4 billion for 2025 and aims to grow the ordinary dividend per share by 7% or more per year over the next three years while maintaining its multi-year IFRS ROE …
POSTED DECEMBER 13, 2024 1:02 PM |
Aviva’s India Officials Approved Brokerage Model Queried by Taxmen
An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company document shows. Tax …
POSTED DECEMBER 13, 2024 12:04 PM |
Ukraine Identifies Tankers It Says Are in Russia’s Shadow Oil Fleet
Ukraine identified 238 tankers it said belong to a shadow fleet of ships that Russia is using to keep its oil and fuels moving around the world — with a view to western authorities sanctioning the carriers. The Military Intelligence …
POSTED DECEMBER 13, 2024 10:40 AM |
Munich Re Targets Net Profit of €6 Billion ($6.3 billion) for 2025
Munich Re is aiming for an IFRS net profit of €6 billion (US$6.3 billion) in 2025 as a result of “consistently good operational performance in all business segments.” It also expects good underwriting profitability with a combined ratio of 79% …
POSTED DECEMBER 13, 2024 9:58 AM |
Public Nuisance Claims Denied by Ohio Supreme Court in Opioid Case
COLUMBUS, Ohio (AP) — The Ohio Supreme Court ruled last Tuesday that the state’s product liability law prohibits counties from bringing public nuisance claims against national pharmaceutical chains as they did as part of national opioid litigation, a decision that …
POSTED DECEMBER 13, 2024 7:00 AM |
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