PreHeader Home Page

News Center

News – Insurance Journal

China’s Ping An Insurance Profits Rise 34% in First Half
Ping An Insurance Group Co. of China , the country’s largest insurer by market value, on Tuesday reported its biggest half-yearly profit in at least a decade on robust customer growth. The results underline strength in Ping An’s business versus …

POSTED AUGUST 21, 2018 9:28 AM
Extreme Weather Risk Grows as Warming Earth Disrupts High-Altitude Winds: Study
Scorching summer heatwaves and downpours are set to become more extreme in the northern hemisphere as global warming makes weather patterns linger longer in the same place, scientists said on Monday. They said there was a risk of “extreme extremes” …

POSTED AUGUST 21, 2018 9:12 AM
VW’s CEO Knew About Cheating Software Before Scandal Emerged: Der Spiegel
Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said. Der Spiegel’s story, based on recently unsealed …

POSTED AUGUST 21, 2018 8:56 AM
Benetton Family’s Wealth Drops by $2B After Genoa Bridge Disaster
Fallout from the Genoa bridge disaster has erased about $2 billion of net worth from one of Italy’s richest families. The billionaire Benettons control 30.25 percent of Atlantia SpA, the construction company and toll-road owner that operated the Morandi Bridge …

POSTED AUGUST 21, 2018 8:45 AM
Artist R. Kelly Accused of Damaging Georgia Rental Homes in Lawsuit
An Atlanta-area property company is suing Grammy-winning R&B artist R. Kelly for $203,400 over “extensive damage” to two homes he rented. The Atlanta Journal-Constitution reports SB Property Management Global, LLC., based in East Point, filed the lawsuit Wednesday. It says …

POSTED AUGUST 21, 2018 6:17 AM
Sentenced for Workers’ Comp Fraud, Ohio Home Remodeler Must Repay $255K
The owner of a residential construction business in Dayton who under reported his payroll by millions of dollars to lower his workers’ comp premiums has been sentenced for workers’ compensation fraud, the Ohio Bureau of Workers’ Compensation (BWC) reported. Honorato …

POSTED AUGUST 21, 2018 5:57 AM
Ohio Tool Manufacturer Faces $213K in OSHA Penalties for Amputation Hazards
Federal safety officials have proposed $213,411 in penalties against an Ohio manufacturer for amputation hazards at the company’s workplace. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited ArtiFlex Manufacturing for exposing workers at its Wooster location …

POSTED AUGUST 21, 2018 5:50 AM
Why Organizations Cover Up Sex Abuse Scandals
Of all the horrific details contained in the Pennsylvania grand jury report on child sexual abuse in the Catholic Church, one sentence stands out: “The main thing was not to help children, but to avoid `scandal.”’ When sex-abuse cases dominate …

POSTED AUGUST 21, 2018 5:00 AM
Texas Workers’ Comp Fraudster Sentenced for Double Dipping
A Travis County, Texas district court has sentenced Gary Hunt of Austin on workers’ compensation fraud charges. Hunt reported a job-related injury while working as a sales coach for Radiant Plumbing Service Inc., and claimed he was unable to work …

POSTED AUGUST 21, 2018 5:00 AM
Monsanto Has Another Legally Risky Chemical Product
Some Bayer AG investors were surprised to learn about the thousands of farmers lining up before U.S. courts to argue that Roundup — the blockbuster weedkiller the German company recently acquired when it bought Monsanto Co. — had given them …

POSTED AUGUST 21, 2018 5:00 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does A-Best Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

Footer Blog Staff Inquiry News