AXA to invest $1.74 billion to fighting deforestation
Investment is one of several sustainability initiatives planned
Lyle Adriano is currently a journalist at Insurance Business.
His news articles and features have been published on websites across North America. Lyle’s specialty areas include insurance regulation, cybersecurity, and insurance fraud.
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California sees 40% spike in comprehensive auto insurance claims – report
Also, top five vehicles for claims during COVID revealed
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Hidden cyber risk in US property insurance has $12.5 billion loss potential – report
Loss enough to cause downward rating transition for a sizeable portion of the market
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Munich Re Ventures raises $500 million in funding round
Division is doubling its venture capital presence
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Jencap Group acquires specialty MGA Russell Bond & Co.
Deal further diversifies and expands firm’s geographic footprint and capabilities
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USAA raises minimum pay for all employees
Firm also aims to fill 2,600 positions by year-end
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Former NBA players indicted for alleged $4 million insurance fraud scheme
18 former players – and one player’s spouse – thought to be involved
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Allstate, Mercury, CSAA ordered to reimburse excess auto premiums
Insurers ordered to “close the gap” on refunds or face further action
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NFP appoints new chief diversity and inclusion officer
New leader previously led the Women’s National Basketball Players Association
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Former DC police employee sentenced for bribery, insurance fraud
She began to work for the Metropolitan Police Department in 2006